PRICE OF BUTTER
LOW LONDON RATES AUSTRALIAN PROPOSALS REGULATION OF SHIPMENTS CONTROL BOARD'S ACTIVITY J3y Telegrapb—Press Association—Copyright «■ (Receiyed November 30. 11.Ei5 p.m.) SYDNEY. Nov. SO The Australian Dairy Produce Export Board is to hold a special meeting ort Tuesday in Melbourne to discuss means of checking the slump in butter prices. As the current* price of Australian butter in London represents a fall of £l3 to £ls a ton in 11 days, proposals will be submitted for the regulation of shipments. Also it is proposed that butter shall rot be sold to London at the present prices. The board considers that as much butter could be sold to London at 803 a cwt. as at 70s, the latter being the present quotation. However, the board does not seek to determine the prico above 80s a cwt. urtless the market of its own free will goes beyond thai, level. The New Zealand Dairy Board is expected to co-operate.
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Bibliographic details
New Zealand Herald, Volume LXX, Issue 21663, 1 December 1933, Page 12
Word Count
157PRICE OF BUTTER New Zealand Herald, Volume LXX, Issue 21663, 1 December 1933, Page 12
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