Price-Fixing In Papua

From Our Own Correspondent

Port Moresby, Feb. 4.

IN two declarations, the Lieutenant- Governor has brought the following goods within the scope of the price-fix ing regulations—namely: butter, onions, potatoes, benzine, kerosene, fuel oil, hessian, calico (in bales), bagging twine, rubber cups and spouts, formic acid, copra sacks, corrugated iron sheets, plain galvanised iron, cement, tinned meat and tobacco—and it has been an nounced that the retail price of same shall be the cost price plus the same percentage of gross profit as was added by traders to similar goods before August 31, 1939.

Commodities in general use already were rising sharply in price, and the effect of the new regulations is already seen in the household bills.