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PRESENTATION AT THE LIBERAL…

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1Food Still DearerI —-0—

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1 Food Still Dearer I —- 0 — I PRICES HIGHER THAN A YEAR AGO I There was a sharp rise in the retail I prices of food during July. According to the "Labour Gazette," the average in- I crease on August 1st was 117 per cent. as compared with July, 1914, the corres- ponding figure for July 1st this year be- ing 109 per cent. For the first six months after the Armistice prices slowly fell, but in June there was a fresh upward movement, and they now stand higher than they were a year ago at the tensest period of the war. Changes since November, 1918, have been as follows:- November 133 per cent. January 130 March 120 11 April 113 „ May 107 1) June 104 July 109 „ August 117 I I L nless the measures to be taken against profiteering have a greater^influence than is generally anticipated, the position is likely to become worse instead of better, and during the coming winter prices pro- mise to be at least as high as they were from November last year to February. Milk is cheaper again this month, and potatoes are now at a reasonable figure, but for most' things more anq more money is required, and such articles as sugar may eventually become much more ex- pensive. For all the principal items ordinarily entering into the pre-war working class family budget the average increase in re- tail prices (including rents) was about 115 per cent. at August 1st, as compared with between 105 and 110 per cent a month earlier. Profiteering in Bananas. I It is stated' that steps are being taken by Messrs. Elders and Fyffes to stamp out profiteering in the bananas they im- port. A poster is shortly to be issued by the firm, which all middlemen will be asked to exhibit, insisting that the price to be charged' for the fruit by retailers shall not exceed 2d. each. The importers have no legal power to restrict retail prices, but they could put difficulties in the way of retailers obtaining direct sup- plies. There is no longer any reason why 9d. a lb. should be paid for apples, except, perhaps, for- picked dessert specimens. There are excellent supplies, and the wholesale price, even for the best quality, is low enough to permit retail sales at I' not more than 7d. a lb. Small green apples should be sold at 3d. and 4d. a I lb. It will be interesting to see what retail prices are asked for Victoria plums when the fruit comes on the market. Reports from the orchards suggest that the crop is an unusually heavy one. Jam manu- facturers are to get the plums at £ 25 a ton, or less than 3d. a lb.

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ispfofttfn(y Gossip I Sp?f?ng…