SETBACK TO BUTTER MARKET
BIG INCREASE IN SUPPLIES,
RETAILERS BUY CAUTIOUSLY. (United Press Association—By Eectrio Telegraph Copyright). LONDON, March 2. The butter market has had a setback and prices have declined steadily during the past fortnight. This is apparently due to large supplies and an increase in quantities afloat from Australia, New Zealand and Argentina, which are now 1,406,000 boxes. The decline in the New Zealand output is being counteracted by an increase in Australian. In this condition of affairs retailers are buying only on a hand-to-mouth basis with the result that for the first time in many weeks stocks in cold store have shown an increase, being now about 80,000 boxes more than a fortnight earlier.
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Bibliographic details
Hawera Star, Volume LIV, 4 March 1935, Page 5
Word Count
117SETBACK TO BUTTER MARKET Hawera Star, Volume LIV, 4 March 1935, Page 5
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