BRIGHTER OUTLOOK
PRICES’ UPWARD CURVE Personally he believed the time had arrived for prices to take an upward curve, said Mr. J. G. Brechin, secretary of the Tiratiniea 00-opelative Dairy Company, Pahiatua, at the recent annual meeting. The surest sign, he said, was to watch the stocks and shares in the Old Country. Six months agp the. Stock Exchange was selling no industrial stocks, but today these were being rushed. Shares in cotton and woollen mills were being sought and people were expecting a renewal in' this direction. Such activity meant more money among the workers with which to buy butter and cheeSe, To-day cheese was worth 2d per lb. oil butterfat more than butter, and Mr. Brechin was of the opinion that if the butter quota came into existence and the farmer changed over to butter from cheese, butter on the local market would be an absolute drug.
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18179, 29 August 1933, Page 4
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149BRIGHTER OUTLOOK Poverty Bay Herald, Volume LX, Issue 18179, 29 August 1933, Page 4
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