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BUTTER VALUES DECLINE.

SETBACK ON LONDON MARKET

LONDON, March 2.

The butter market has had a' setback and prices have steadily declined during the last fortnight. This is apparently due to large supplies and an increase in the quantities afloat from Australia, New Zealand, and the Argentine, which are now 1,406,000 boxes.

The decline in the New Zealand output is being counteracted by an increase in Australian supplies. In this condition of affairs, retailers are only buying 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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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19350304.2.72

Bibliographic details

Manawatu Standard, Volume LV, Issue 81, 4 March 1935, Page 7

Word Count
110

BUTTER VALUES DECLINE. Manawatu Standard, Volume LV, Issue 81, 4 March 1935, Page 7

BUTTER VALUES DECLINE. Manawatu Standard, Volume LV, Issue 81, 4 March 1935, Page 7