LIMITING CREDIT
SUGGESTION BY GROCERS EM URGENCY M EASURES A suggestion that grocers should limit the credit operations of customers in time of war was made at a meeting of the Auckland Master Grocers’ Association. A recommendation that credits should be limited to the average purchases of each cus;omer .for a week will be examined by the executive of the association. It was* pointed out as an example that in a normal period one customer .might buy £1 worth of goods in a week, but in the event of an emergency £5 worth of stock might be purchased. The purpose of the suggestion was to limit the credit of that customer to the normal weeks’ purchases, amounting to £.l. Early in the Great War grocers were inundated with orders, many of which were on a credit basis, and some heavy losses were experienced. There was little evidence at present of any abnormal buying by the public.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20033, 4 September 1939, Page 14
Word Count
156LIMITING CREDIT Gisborne Herald, Volume LXVI, Issue 20033, 4 September 1939, Page 14
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