PROSPEROUS BUTCHERS
POSITION IN BRITAIN (Australian and N.Z. Press Association) LONDON, Saturday. According to a report of the Food Council, retail butchers have been doing well lately. “The results of our inquiry.” states the report, “are that the financial position of retail butchers has not only improved since the war, but has improved out of proportion to the increase in the general cost of living Even the reduced profits of 1927-28 represented estimated returns on capital of nearly 25 per cent.” The report attributes the progressive increase in the income of retail butchers for the three years, 1925 to 1927, to the fact that there has been a falling wholesale market, which has enabled th=*m to obtain an unusual rate of profit, as they adjusted the retail prices to the wholesale only after considerable delay.
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Bibliographic details
Sun (Auckland), Volume III, Issue 739, 12 August 1929, Page 10
Word Count
135PROSPEROUS BUTCHERS Sun (Auckland), Volume III, Issue 739, 12 August 1929, Page 10
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