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Pahiatua Herald, Volume II, Issue 239, 12 December 1894, Page 2

It is difficult to understand the movement in the butter market; it was only the other day that Danish was selling as high as 120 s for prime quality, and the Copenhagen Committee fixed the price at 180 s. Now we are told choicest Danish is selling at 104 s and 112 s, and that the market is in a state of unrest. The drop in price is of a violent nature, and would indicate that artificial moans are at work to force down the price. The enormous supplies, which for last month exceeded by IfiOOO tons the imports for the same month last year, has undoubtedly been a factor in bringing down the price, but the huge drop suggests that the market has been beared. If so we may look for a sensational rise shortly. These spasmodic movements are not good for the butter industry, a steady price is much to he preferred, as then we would regulate and accomodate ourselves to the requirments of the market; but so long as our producers are at the mercy of the London middlemen and the gamblers in produce, then a jerky market will prevail.