BUTTER AND CHEESE

Hawera & Normanby Star, Volume XLI, Issue XLI, 15 August 1921, Page 5

BUTTER AND CHEESE

EXAGGERATED REPORTS.

OUTLOOK GOOD.

! CBY TELEGRAPH —PBEBB ASSOCIATION.) PALMERSTON N., Aug. 13. In reference to the statements published regarding the instability of the London butter and cheese markets, and that consequently a fall in prices is pending, a representative of the Standard was informed by the secretary of several dairy companies and an agent for a large Tooley Street distributing house that these remarks were, in their opinion, misleading and very much exaggerated. While admittedly there was a slight easing of prices, the opinion was general that the outlook was for a good market during the coming season both for butter and cheese. Amongst other allegations made was that owing to the breaking of. the drought in England a greater supply of home-made cheese was assured, but it was obvious to experienced dairymen that the breaking of the drought came too late to affect the production of English-made cheese. Moreover, one large firm which had an order to buy cheese at lljd per lb is still open to negotiate at that figure, its principals not having cabled j instructions to reduce the limit. AI further instance of the stability of the cheese market is mentioned in cable advices received. Sales of cheese .made 136s per cwt in London, equal approximately to Is, f.0.b., Wellington.