THE CHEESE MARKET.

Manawatu Standard, Volume XLIII, Issue 227, 31 December 1920, Page 3

THE CHEESE MARKET.

GOOD PROSPECTS PROMISING

The somewhat depressing feeling .created in spine minds by the choose position will bo relieved by the nows received by Mr G. ]I. Buckpridge, of Flaw era, from pis principals in London, that the demand, for Can a-, dian cheese is tfrm, and that the price has advanoed' to between ISOs and 1565! ; Speaking to a Star representative on the question, Mr Buckcridgo said that he had held all along that There was no call for pessimism. He had estimated that there Would be a shortage lih cheese, due partly to the cold and trying weather in-the early spring, and also to the loss of steel; experienced by many formers. Many large factories ban doeiiled to change, -or bad already-, eljaiigcd to butter, and that would make the position better still. He understood that where a short time since offers for cheese wore not i forthcoming from wholesale buyers, Is Id was nowi being offered. The guarantee 2s 6d to butter producers made the witter quite good, except whore men nad I speculated in land at a price tc snpporl which it would be necessary to secure 5s per lb There is no doubt that this specnla- ' dvo element, in the hope that tins, high price'would be obtained, had done a lot ot harm to the farming industry and to, the country generally. To counteract its influence the banks had adopted a tightenpolicy, the result, of which would be for the ultimate benefit of the Dominion.