LOCAL BUTTER PRICES
DROP OF I*D PER LB. RETAIL RATES NOT FIXED Wholesale prices for butter ir Auckland have been reduced by lsd per lb. and the net rates from to-day will be:— Finest grade. Is 2d per lb; first. 1« lid; second, Is Id. As the guaranteed export price has been fixed for the season, the local rates, which arc based on this price, will also be stabilised. Retail prices are generally 2d per lb. above the wholesale rates, although some stores work on a smaller margin. No control is exercised over the local market, but the Government has power to regulate domestic prices if it wishes.
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Bibliographic details
New Zealand Herald, Volume LXXIII, Issue 22490, 6 August 1936, Page 10
Word Count
108LOCAL BUTTER PRICES New Zealand Herald, Volume LXXIII, Issue 22490, 6 August 1936, Page 10
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