BUTTER VALUES.
prices.” :
FURTHER FALLS EXPECTED.
LONDON, Nov. 20. The catastrophic fall in butter has been checked, at least temporarily. The tone is now. steadier, but there is little real confidence in the future. Buyers seem convinced - that, .as time goes on, lower prices will develop. Total imports of butter from all sources in October were 35,300 tons, as compared with 38,870 tons last year. The principal decline in supplies was from Russia. Stocks in cold store at November 6 were 10,070 tons, as compared with 21,290 tons last year. In contrast to butter, stocks of cheese have increased and totalled 10,090 tons at the beginning of November, being 3250 tons above the quantity at the same date last year. Last week’s improvement has not been maintained, indicating that the early seventies is high enough for cheese. There has been a wave of egg buying owing to small arrivals, and values will possibly appreciate in the coming week.
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Bibliographic details
Manawatu Standard, Volume LVII, Issue 303, 22 November 1937, Page 4
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158BUTTER VALUES. Manawatu Standard, Volume LVII, Issue 303, 22 November 1937, Page 4
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