"MARKET SATISFACTORY."

Dominion, Volume 4, Issue 1117, 3 May 1911, Page 8

"MARKET SATISFACTORY."

LONDON OPINION ON.BUTTER. "The .colonial butter market is dis- ■ tinetly unsatisfactory just now," says a eftnthern paper, which proceeds to give tho result of an interview its London correspondent had with an importer. "We don't kno-.v where-..we are at. the •'moment'," said tha importer. 'Tho correspondent continues: "}V"hilo Now Zealand , butter has been showing greater immunity from fishiness since I last wrote—even the Kotorua, about which I coujd not then j speak with certainty—was a great improvement, aud tho Pakcha and lonic . have arrived since- then—Australian butter has been revealing the same trouble, Victorian as well as tho rest, and the remako after tho heavy rains has meant a lamentable drop in quality. Tho awkward part of it is that although tho consumptive demand at the lower rates is very big, accumulation of stocks is still very , large; indeed, butter' storage is making . quito a shortag). in .accommodation in London for meat. It must be remeniberotl that in February the total import of butter into tho United Kingdom, nearly 400,000cwt., was a 20 per cent, rise m\ the same month last year, and in tho first two months of this year imports of New :, Zealand, 123,500cwt., show a rise of nearly , 30 per cent. Shortage in choicest in- " xreases tho awkwardness of the market, as buyers become fastidious on plentiful RuppfiM. and gradings aro not all that '. . they shou\d bo."