IS IT A SING?
PRICE Of NEW ZEALAND BUTTER.
MERCHANTS IMPORTING PROM AUSTRALIA.
% Telegraph—Press Association. Wellington, Last Night.
The statement 01 certain dairy factor/ authorities that the retail price cf butter would reach Is 6(1 per lb in the Dominion this winter owing to the shortage of snpplies, caused rather a flutter among some merchant firms, who feared that there was a "ring" <ll operation to keep up the, price of this commodity.
In view of the plentiful tupplirs repoitad in Australia, where first grade butter during the last few weeks has been sailing on the local market at several peuco per lb cheaper than New Zealand maunfactnred butter, a local firm cabled an order to Sydney for supplies. The Moeraki ou Wednesday brought over 100 cases, now placed in csld storage in Wellington with a view to the market here being tested with New South Wales bntter. The'shipment is of the first grade selliug' in Sydney at less than lid per lb. Bntter of similar quality cannot be obtained from tiie factories lieie under Is Id, adding thn 20 per oent. duty the impoited butter oan be sold at Is 2d per lb retail. "Iheari" remarked a city merchant to a Times reporter to-day that the South Island market will be tested with a shipment of butter from Melbourne. The quality of the shipment of New South Wales bntter now in Wellington should convince people who talk a lot that just aa good buttar oan be manufactured in Australia as in New Zealand.
A deputation from the Wellington Trades and Labour Uonnoil will wait on the Hon! R. McKenzie, Acting Minister of Customs to-morrow afternoon with a request that batter be brought within the operations of the prevention of Monopolies Aot.
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Bibliographic details
Manawatu Times, Volume LXV, Issue 1344, 16 June 1911, Page 5
Word Count
292IS IT A SING? Manawatu Times, Volume LXV, Issue 1344, 16 June 1911, Page 5
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