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OVER-SUPPLIED

BRITISH BUTTER MARKET

(By Telegraph.—Press Assn.—Copyright.) ' LONDON, July 21. The butter market is still suffering from the enormous weight of supplies, stocks in cold store having risen" to 1,732,750 boxes. Consequently there is a shortage of cold storage apace. This has led to forced sales. Large quantities are arriving from the Baltic provinces, with a depressing effect on all prices. Fortunately" the consumptive demand is very strong, and as the retail price for New -Zealand butter • is now 8d to lOd a pound, traders expect consumption to expand' still further.

.The; New Zealand Dairy■ Board is advised that for the period August 1 to June 30, -1934, deliveries of New Zealand butter from London cold stores- were 96,752 tons compared'with 78,585 .tons for the corresponding, previous period. The butter was going out in June in quantities averaging 1468-tons, a- week.' '■••. ■

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19340723.2.124.10

Bibliographic details

Evening Post, Issue 19, 23 July 1934, Page 12

Word Count
141

OVER-SUPPLIED Evening Post, Issue 19, 23 July 1934, Page 12

OVER-SUPPLIED Evening Post, Issue 19, 23 July 1934, Page 12