COLONIAL BUTTER IN STORE
UNPRECEDENTED QUANTITY Auatralian and N.Z- Cable Avsn. LONDON, July 17. Butter, like Fresh fruit in England, is uffering from excessive retail prices. Despite the recent low wholesale values, butter is still being retailed at Is lOd to 2s per lb. But the most important factor in keeping down prices is the excessive supply, both Colonial and Continental. Never before has there been such a large pouring in of Continental butter, while the policy o' storiug colonial in an attempt to maintain prices has resulted in unprecedented accumulations. Official fig res, which Jo not reveal the contents of private cold stores, show at present one million boxes in cold stores. In view of this and the heavily reduced consumption in industrial areas owing to the strike, it is the considered opinion of many importers that the low prices have come to stay, at any rate for some months.
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Bibliographic details
New Zealand Times, Volume LIII, Issue 12503, 20 July 1926, Page 8
Word Count
151COLONIAL BUTTER IN STORE New Zealand Times, Volume LIII, Issue 12503, 20 July 1926, Page 8
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