3143. What proportion of job lots may there be in that sort of veil?-Generally from one-eighth to one-fourth of the whole.
3144. Do these sell at half-price, or more than half-price?- Generally about half-price-sometimes a shade less and sometimes a shade more, according to the state of the market.
3145. Then the price you charge for them, 21s. is calculated to cover the loss upon job lots?-Yes.
3146. There is thus a difference of nearly 5s. between the cost price and the selling price of these No. 2 veils: is it not the fact that that difference is allowed for profit?-It is the fact that it is not allowed for a profit: the profit is not so much.
[Page 70]
3147. But it is calculated so as to allow you a certain amount of profit?-Yes; a certain amount.
3148. That is not the actual profit receive; but the price is so calculated as to cover the loss upon job lots and to allow you a certain amount of profit as well?-Yes.
3149. In fact, so as to make it safe that you may get some profits- Yes.
3150. Is that not so with the prices, of all your hosiery goods?- With the lace goods that we get knitted it is the case. We only put out lace goods to be knitted; we buy all the other goods over the counter.
3151. What do you mean by lace goods?-Lace shawls and veils, principally, and neckties.