CONFIDENCE IN THE MARKET.
V certaln amount of business in forward buying of butter, and some of it in the South Island, has been reported at from .• Wid to 9%d, which is above export value at the present time by about %d per lb. • The shipments are for December, January, and February. Small parcels only have been bought on these terms. On the-other hand some buyers report that offers of 9?sd to 9%d have been made to some iMorth Island factories and have not been taken, indicating. that the companies approached with these offers have more confidence in the future price of butter than . the buyers.
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Bibliographic details
Evening Post, Volume CXIV, Issue 130, 29 November 1932, Page 10
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106CONFIDENCE IN THE MARKET. Evening Post, Volume CXIV, Issue 130, 29 November 1932, Page 10
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