AUCKLAND BUTTER.

Dominion, Volume 1, Issue 193, 9 May 1908, Page 3

AUCKLAND BUTTER.

NEXT SEASON'S OUTPUT. LOW OFFERMADE. There are large stocks of butter in. cold storage in Auckland just now (says our Auokland correspondent). On April 30 the supply in store was 18,995 boxes. Sinco then a shipment of 1000 boxes has been mado, and the stock on Tuesday was 18,125 boxes. Thero is n fair quantity of tho dairy class of butter passing through the storo, [duo,no doubt to the fact that several factories havo closed and farmers are making their, own butter, The present firm price on the London marlcet—ll4s. por.cwt.—and the brisk demand are a good augury for next season. Buyers usually do not commence to operate until after the' National Dairy Show at.Palmerston North) which -is.

held at tho end of June, but it is understood that buyers have already offered factories lOd. per lb. for next season's output. Factories hopo to socuro a larger price, arid aro not likely to close contracts at anything liko that figure while London prices are so firm. A well-known butter dealer is of tho opinion that the majority of factories will consign on their- own behalf next season, considering that their profits would have been greatly enhanced had ■ they . followed that course this season. ' The stock of butter in cool .storage in tho Dominion on April - 30 — namel.v 70,128 boxes—would indicate that there is .sufficient in store to .supply,the needs of the Dominion'during the winter.