DALGETY ON BUTTER.

Dominion, Volume 1, Issue 157, 27 March 1908, Page 2

DALGETY ON BUTTER.

BUTTER IN LONDON. Messrs'. Dalgety and Co.'s report, datefi London, February, 13, says:—"So long as retailers continue to' soil at'popular prices a good demand, is _ assured,. but immediately they {-adjust-' their (rates to thoso being obtained by .the' wholesale trade at the moment, the 1 consumption is surd to ■ be checked and the .-sale of margarine' wiJI.-. v doubtl_esß show a correspondingVimprovomont. . Owing to .the heavy loss they arc.making on.butter most shopkeopers' are: restricting its sal? ( as' much as possible, and pushing margarine instead. ' But oven' if there a falling! off in-the demand, for .butter there/is not much likelihood, of- sudden- slump" in values 'in 1 the near 'future; ■ asV tho . United Kingdom is.quite, bare; of stocksx; andltho visible' supply for this market is exceedingly light. - Comparatively high prices ma.v, therefore;'' 1 obtain until ■ tho ensuing season's' Homo, and Continental production: becomes available. . This has been an exceptionally profitable season for and- for 1 thdsa factories ,who consistently consigned .-to"; thin market, and it is to'bo regretted that sll did not; adopt that course. .'■ TJio'proEont position of tho butter trade in England -'em?; phasises ? the important part ' Australasia plays in supplying the Mother' Country with one of her principal foodstuffs' months of the year, :> as current conditions aro mainly duo to a temporary drought; at the beginning of the Australian' ex'nort season- and the deoreaso' since) tho New Year ill. import's from Now Zealand as coropnred with the same "period last seanon; Since, our last report (January 9) 189,380 boxos liavo arrived ;froin Australia, and 90,340 boxes from New 'Zealand;' for. the samo :period last year, tho figu res ;wero respectively 297,561 boxes and ,114,909 boxes,": a total decrease or 132,750 boxes from . Au6tralasia." ; . , ~,'