BUTTER SUPPLY
TOOLiEY STREET RESENTFUL,
AT ACTION OF COLONIALS
SAYS REACTION INEVITABLE
BY CABLE -PRESS ASSOCIATION—COPYRIGHT LONDON, May 18.
In connection witli tue ouctcr controversy, anotner an inonty on. the butter market says that firms in 'l‘ooley Stieet aie helplesw. s»o strong as the Producers’ Association thaa. agents are not free a,s rega.m-s 95 per cent, of colonial butter imported last year. .It is estimated that by midJune there will lie a million, boxes of 'butter in store, apart from an unusually large number of shipments on the high seas. The manager of an important firm of buyers istates that Too lev Street resents the tactics oil the colonials, and warnings have been sent .to* Australia, and New Zealand that reaction is inevitable, and economic disaster 'Will come if the present prices are maintained, as they are not justifiable by the law of supply a.nd demand. Though the supply increased 66 per rent, in April.' prices increased 11 per cent.— Aus.-N.Z. Cable Assn.
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Bibliographic details
Hawera Star, Volume XLV, 20 May 1925, Page 7
Word Count
163BUTTER SUPPLY Hawera Star, Volume XLV, 20 May 1925, Page 7
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