CONSUMPTION FALLS OFF.

Evening Post, Volume CXXI, Issue 61, 12 March 1936, Page 12

CONSUMPTION FALLS OFF.

i A. H. Turnbull and Co. areadvised ' by Weddel and Co., London, that the , London butter market for February r was "disappointing." They estimate I that the British consumption has declined about 5 per cent. This and the ( heavier Continental arrivals, 'have i been the two main contributing clauses to the weakness. Higher levels ruling for butter during January and; February were mainly attributed to-buyers anticipating a demand setting in 'from , the United States and Germany '■ with a ' consequent shortage of stocks. America did buy a few hundred tons of! New Zealand butter in London, but twe demand -was not maintained-., The Cpntinental .position which strengthened to wards, the end of February has slackened off considerably.- * i . F.o.b, buyers of butter show- no interest even at 10Jd per lb. But, buyers of cheese at 5Sd for unshipped dheese 1 to the-end of v the season find factories disinclined to take this price. '. :;