MAXIMUM PRICES

Manawatu Herald, Volume XLII, Issue 2116, 17 April 1920, Page 3

MAXIMUM PRICES

MX ED FOR FLOUR, BRAN, AND

POLLARD

Regulations fixing the maximum prices for Hour, bran, and pollard v.'oro published in Thursday night's Claret te. The price of Hour is to he ,Ll(> lbs per lon i'.o.b. nt South Island ports in (lie wheat-growing districts, less ‘J.! per cent, if payment is made within seven days after delivery. In I tie case of a sale otherwise than in this manner, .the price shall he eouivalent as regard* I lie seller to (Im price fixed ns the maximum. When (lie miller’s nearest port is other limn Lyttelton, Tima.ru, or Oamnru, the price is to be £l.B per ion, with the same conditions ns to payment, but there may be added to the price the cost of carriage of; a ton of flour from the nearest o! these named wheat polls to the nearest port of shipment.

The price of bran is to he £7 per ton f.o.h. at Lyttelton, liumru, or Oamani, and in the case of other ports of despatch, this amount, with ;he addition of the amount of carriage to that port from Lyttelton, Timavu, or Oamani, whichever is least. The price of pollard is to he £!) per ton, with the same conditions. In every ease provision is made for a rebate of 21 per cent, for payment Within seven days of delivery.

Provision is made for allowing a profit to merchants selling bran and pollard in small quantities. If the sale is of a quantity of half a, ton or more the price may he 10s per ton in the case of bran, and 15s pci ton in the ease of pollard, above the scheduled prices already given. In sales of quantities of less than half a ton, tin excess above the scheduled price of 12s (id per ton for bran, and 17s fid for pollard is to be allowed.

These prices are all maximum prices. It will be quite lawful for any seller ro sell at less than these prices. but not to exceed them. A clause at the end of the regulations i„ evidently intended to meet special eases. It provides Inal the Board of'Trade.may authorise the sale of Hour, bran, or pollard in any specified locality, or by any specified seller, .at prices greater than those prescribed in the schedules of the regulations,