BUTTER CONTROL CONTINUED.

Manawatu Standard, Volume XLIII, Issue 1844, 19 June 1920, Page 5

BUTTER CONTROL CONTINUED.

LONDON, June 17. The. Australian Press Association learns that the Government will probably suggest that the purchase price, of Australian and New Zealand butter be fixed on the basis ol Danish summer prices.—(A. and N.Z. cable).. Received June 19, 11.55 a.m. LONDON, June 18. The Food Controller informed Mr Osborne Sinclair that .he Uovernment has decided to maintain control of butter until March 31, 1921. 'the delegates fully dis-;:u-sed the terms of the Australian purchase with the Controller and officials. The terms ue likely to be settled within a few days.— (A. and'N.Z. cable).

PRICE OF BUTTER. 2s 3d MENTIONED FOR NEXT SEASON. Per Press Association. NEW PLYMOUTH. June 18. In commenting' upon u message front London stating that the Imperial Govern* ment was pn pared to negotiate for the exportable surplus.of butter from New Zealand until March 31st, 19!! i. on lines similar to previous contruels, Mr Morton, chairman of the National Dairy Association, ;rated to'a Daily Newe reporter to-night that he interpreted th • message as an indication that the British Government intended to continue the commandeer until the d.;t" mentioned. "Previously," added Mr Morion, "the Food Ministry vv aa divided in opinion to whether or not they should continue ("lie control, or to decontrol the price of butter, and it nowl appears that they ha'v • reached a decision, not to decontrol prices. To do this the British Government must import butter themselves, which meant that the commandeer will continue, and us long as control lasts product )■>> will be unable to sell in the open market."' Mr Morton anticipated that New Zealand butter would be sold for 3s in England, and 2s 3d per lb. would be netted to dairy factories.

Regarding the local market, Mr Morton' said Mr Massoy had given an assurance that producers would receive a price equal to the export value of their produce, which, in this caso, would be about 2s 3d.

By an Ordcr-in-Comieil, the price o£ butter has been raised Id per pound. Tlio maximum price fixed and determined shall apply to all butter manufactured during the currency of the existing contract witfi the Imperial Government terminating on July 31st, 1920, whether sold before or after that date. The maximum price of such butter sold in boxes in bulk ex store f.o.b. coastal steamer shall be Is s!d per pound. The maximufh price of such butter as sold by the retailer shall be Is 9d per lb.