3192. How much is that per cut?-I think about 7d. We have paid 7d. a cut for it, and on weighing it out I have found there were 12 cuts to the ounce. A cut is 100 threads, and a reel is about a yard long, or scarcely so much.
3193. There will be a greater number of cuts in a pound of fine worsted than in a pound of coarse worsted?-Yes.
3194. So that the proportion between the price per [Page 71] cut and the price per pound will differ very much?-Yes
3195. In your trade is there any quantity of goods sold for cash?- Yes.
3196. Are these marked and sold at the same price as those which you give in return for hosiery?-Yes; they are marked at the same price, and generally sold at the same price. On rare occasions there is a slight discount given for ready cash.
3197. How much is that discount?-I should say about 1s. per £1.
3198. Why is that not allowed when the settlement with hosiery?-Because we consider that in our transactions throughout the year we do not realize for our hosiery goods the full price which we pay.
3199. Have you two shops?-Yes.
3200. In one of these is hosiery kept and bought?-In one of them hosiery is kept; it is only in bought that shop now on very rare occasions. When Mr. Linklater or I happen to be there, we may buy something, and send the customer to the other shop to settle for it.
3201. Then the buying of hosiery is only conducted in the drapery shop?-The settlement for hosiery is only conducted in the hosiery shop.