THE BUTTER MARKET.

Auckland Star, Volume XLV, Issue 186, 6 August 1914, Page 7

THE BUTTER MARKET.

DAIRY ASSOCIATION MANIFESTO. In a circular to sihareholders and- suppliers, the Now Zealand Dairy Association points out that on July 21 they issued a circular setting forth the payments for the past season and indicating the rates to lie advanced during the j early months of the present season. Since then almost the whole of Europe, including England, has been plunged into a war of sucjh magnitude as to menace the political, social and industrial life of the whole world. *TJie present position," continues the circular, "is -without precedent either in ancient, or modern history, and it is impossible to iforecaet events. It was, however, certain that there will he much suffering, anxiety and loss. We in New Zealand must necessarily participate in these, and help to bear the burdens of Empire. Enrtunately the Association occupies an-especi-1 ally strong financial position, which .will minimise its riekß and dangers on facing tJie uirprecedented fiituation wfltich confront* the worid. Owing to the strain upon the world's (finance, ifc « prohablo I'thftt the monthly advances for ibnttcrfat I will need to be adjusted, and therefore ' the notifications on this point in our 1 circular of the 21st -lulv last are withdrawn, and instead I have to advise that the director- will fix the advance rate fremi month to month, and so that it may he a< .high n.s possible the final decision will be deferred until shortly <oeI fore payments arc made."