BUTTER STILL RISING
MARKET MORE STRINGENT. PRESS ASSOCIATION. AUCKLANT>, July U. The scoirci-ty of butter, which has re* suited in a considerable advance in the price on the local market recently, is becoming more stringent, the supply not being equal to the demand. Butter merchants to-day notified a further advance of Id per lb for butter in pound pats, making the present price Is 3-£d per lb wholesale. Although abnormal rates are 1 now being paid to farmers for such small supplies of butterfat as are obtainable, the heavy ocet of production leaves Little margin ev*en on present prices. The drought of last autumn is approximated to have caused a loss of .£350,000.
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Bibliographic details
New Zealand Times, Volume XXXIII, Issue 7853, 15 July 1911, Page 4
Word Count
113BUTTER STILL RISING New Zealand Times, Volume XXXIII, Issue 7853, 15 July 1911, Page 4
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