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BUTTER MARKET

IMPROVEMENT IN PRICES BUSINESS BETTER (Special to the HeraUU " . AUCKLAND, this day. The feeling of depression occasioned by the low price of butter, recognised as the foundation of business "in this province, has been greatly relieved by the sharp recovery during the past fortnight. :At 1665/the price i.r still 6s below the rate ruling during the second week of December last year, but it was then falling rapidly after a' temporary spurt brought about by the shipping strike, and before Christmas it was down to 1625.

The satisfactory point in the present position, therefore, is that instead of a falling market the price is apparently recovering in a distinctly firmer market, and this is imparting a more hopeful tone to business* In fact, it is estimated ,in commercial circles that it will make all. the difference, to trade during the remaining few weeks before the holidays; •

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19261208.2.56

Bibliographic details

Poverty Bay Herald, Volume LII, Issue 16211, 8 December 1926, Page 7

Word Count
148

BUTTER MARKET Poverty Bay Herald, Volume LII, Issue 16211, 8 December 1926, Page 7

BUTTER MARKET Poverty Bay Herald, Volume LII, Issue 16211, 8 December 1926, Page 7