BUTTER AND CHEESE.

Manawatu Standard, Volume XLII, Issue 10108, 16 October 1917, Page 5

BUTTER AND CHEESE.

FACTORIES IN A DIFFICULT POSITION. MR MASSEY SAYS’-EVERYTHINJ WILL BE EIGHT.” (From Our Parliamentary Reporter.) WELLINGTON, On. 15. In the House this evening Mr Okoy (Taranaki) asked a question regarding tho purchase of butter and choose. Mr Okoy. said that the factories) wore placed in a difficult position by lack ef nicrmation re the intention of the Imperial Government. They wore not in a position to make payments to their suppliers. and he suggested in Older to overcome the difficulty the Government should inform the hanks that the Government would ho responsible for any payment made on this season’s milk on deposit at the hank of the store- warrants for butter or choose in stock. ‘‘The ]K)sition is very much easier than it was last week,” said Mr Massey. “I am now in almost daily communication with the Imperial authorities as to their proposals to take over the output of butter and cheese for the present season. It is said to he only a question of price. Tho requisitioning, judging by the cablegrams the Government. Inis received, will be given effect in the case of both butter ami cheese, and I have no doubt that during the present week satisfactory arrangements will bo made between the Now Zealand Government and producers on the one hand, and the Imperial authorities on the other hand. I am quite confident of that. Wo can’t possibly give a financial guarantee to the banks as regards any advances they make on account of dairy produce, but I am quite confident that everything will bo right. Arrangements will bo made before many days, and I will bo able to make an announcement to that effect.”

WHOLESALE PRICES OF BUTTER. (By Electric Telegraph-—Copyright.) (Per Press Association.) Australian-New Zealand Gable Association. Received October 16. 10 a.m. MELBOURNE. Oct. 16. Wholesale prices of butter have been fixed by the Commonwealth us follows: First, grade, 149s 4d; second, 140s; third, 121s 4d.