BUTTER PRICES.

Hawera Star, Volume XLVII, 18 June 1928, Page 5

BUTTER PRICES.

ENGLISH MARKET HARDENS

STOCKS LIKELY TO BE LIGHT

(United Press Association —By Electric Telegraph Copyright.) (Australian Press Association.) LONDON, June 16. Contrary to expectations, colonial butter prices have hardened somewhat. The explanation given by one of the* large importing firms is that buyers had been holding off in anticipation of largely increased supplies from the northern hemisphere. These have not materialised, and this has caused an increased demand - for New Zealand and Australian imports, which in the past month have been very much less than for the same period last year. The firm is inclined to think the present consumption is sufficient to absorb last month’s supply, so very little, if any, of this butter is being stored, and unless imports -show aconsiderable increase during July and August stocks for the. autumn should be very light indeed. The decision of the Al>erdeen-Com-monwealtli Line to load three steamers for Liverpool direct lias, naturally caused much gratification to the trading community, not only at Liverpool but in Lancashire generally. Liverpool business men. point out that there is around the port a population of 20,000,060 which can effectively be fed from that centre. They say the time- has arrived when. if overseas growers decide to increase their output, they will need to decentralise the markets and l feed the northern populations direct through Liverpool. There is already a good market there for fruit, which is being received in fair supplies from Australia- and New Zealand, but direct .shipments