DOMESTIC BUTTER MARKET.

Auckland Star, Volume LXIV, Issue 30, 6 February 1933, Page 4

DOMESTIC BUTTER MARKET.

LOCAL AND EXPORT PRICES. The suggestion that Dominion householders have been placed in an unduly advantageous position through obtaining their butter supplies at less than London parity is referred to by Mr. C. J. Parlane, general manager of the New Zealand Cooperative Dairy Company, Ltd., in his monthly report to suppliers. In view of the prominence recently given to the local butter market, states Mr. Parlane, the company's suppliers may have been led to the conclusion that the average net price receiyed was definitely lower than lihe export parity. Figures taken over a number of years prove quite conclusively that this is not the case, and that the net return for local sales approximates very closely to the net return for butter sold in the "United Kingdom. It had to be admitted, however, that if much of the overlapping in the distribution of butter on the local market could be obviated, the saving from this source would provide a slight increase in revenue. The same argument applied in regard to increased costs arising from duplication of factories, overhead costs and over-lapping of cream-carrying services.