BUTTER NOW BEAKER.
INCREASE OF PENNY PER LB.
LONDON MARKET RISING.
FURTHER ADVANCE ; PROBABLE^
~ An increase of • one ; penny a \ pound ,in the local • price of butter will operate an Auckland to-day. The firm demand for Now ; Zealand butter on the London market, *• and the "' higher rates ruling, made the increase a certainty. ,
The Auckland retail ■ price to-day will sbe as . follows: —Superfine, Is : • 10a per lb; first grade, Is 9d second grade, Is Bd. ; The wholesale J price will •'. be;— Superfine, Is 7*d per lb; first grade/ Is 7d; second grade, Is 6d. t L . The latest advice received in Auckland regarding New Zealand butter in London stated that the market was strong at ,206s per cwt. : Ibis price' is equal to Is 7jd per lb f.0.b., and as the new local rate is calculated to represent only Is 6Jtd per lb f.0.b., it is considered a further revision, is not unlikely.
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Bibliographic details
New Zealand Herald, Volume LX, Issue 18563, 22 November 1923, Page 10
Word Count
153BUTTER NOW BEAKER. New Zealand Herald, Volume LX, Issue 18563, 22 November 1923, Page 10
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