TO RAISE PRICES

Gisborne Times, Volume LXXIII, Issue 11946, 17 May 1933, Page 5

TO RAISE PRICES

BRITAIN'S BUTTER IMPORTS

REGULATION OF SUPPLIES AGAIN URGED. VOLUNTARY ACTION SUGGESTED BY MINISTER; (British Official Wireless.} RUGBY, May 15. Jn the House of Commons, M.r. J. H. Thomas stated that arising out of tho representations by the High Commissioner for New Zealand l as to tho general fall in wholesale prieo levels in tho ease of butter discussions were proceeding with the Australian and New Zealand Governments, as to tho possibility of regulating imports in a manner' satisfactory to. all parties. Ho pointed out that in view of tho Ottawa'agreements, tho regulation of imports into the United Kingdom of butter, cheese, and other milk products from tho Dominions before August. 1935, could only take place by voluntary arrangement. Major W. E. Elliot said that in view of tho increased supply of homeproduced milk now being diverted to manufacturers, and to the accumulntion of stocks in manufacturers’ hands, and to the urgent need for providing markets for a. larger homeproduced output, ho felt bound to ask for an emergency measure ior a substantial reduction of imports °f condensed whole and condensed skim milk, skimmed cream, and milk powder, in order to establish more stable market conditions in tho interests of all concerned. He had met .representatives of foreign exporters and had every hope of an adequate measuse of voluntary co-operation. Early conversations on the same subject with tho Dominions’ representatives were being arranged. Major Elliot also is trying to force the price of surplus milk for manufacturing to 6d per gallon. The price is now 33d. Tho Australian Press Association 1 earns that Major Elliot to-day consulted Mr. S. M. Bruce in reference to the limitation of Australian supplies of tinned cream, and condensed and powdered milk in the interest of British industry. The quantities °f Australian exports of these commodities to Britain is very small. The question of butter an d cheese was not raised. Britain thus far has not submitted to the Dominion representatives’ proposals -regarding restnc tions.

effect of present RESTRICTIONS. DANISH BACON BENEFITS. PRICE RISES FROM s’2s TO 83s. ■MINISTER- SUGGESTS INCREASED EXPORTS. (U.P.A. by Elee. Tel. Copyright' LONDON, May 15. The Daily Herald says that owing to the quota restrictions imposed in November, the wholesale price of standard grade Danish bacon has risen from 52s per cwt. to 335. Major W. E. Elliot i s approaching exporting countries suggesting that supplies should ho temporarily increased i ll order to keep the price nb about 70s to 755. fearing that the higher price may make housewives buy cheaper breakfast- meats, and thus defeat the scheme to establish a large-scale bacon industry in Britain. Wholesalers state that bacon prices are now dangerously high. LONDON BUTTER AND CHEESE MARKET Messrs Dalgety and Co., Ltd., have received The following cable from their head office, dated May 15: “Rutter is 80s, and cheese -IDs to 555.”