BUTTER MARKET
UNITED STATES’ PURCHASES. NEW ZEALAND BENEFITS. (United Press Assn.—Telegraph Copyright.) (Rec. 5.5 p.m.) London, January 23. The United States purchase of 16,000 boxes in the current fortnight after three years’ absence from the market improved the butter outlook, New Zealand chiefly benefitting, but the demand contributed to a rise of Kangaroo to 82/- film, compared with 64/- in the late autumn, the Americans buying at 83/-. . . ‘
The dry spell in Europe is causing subnormal shipments from Scandinavia. The absence of Canadian supplies permitted a reduction in the Australian stock, which is falling instead of rising, as in January, 1934. Thus the market is expected to be steady for three or four weeks, after which the American and European spring begins.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ST19350125.2.51
Bibliographic details
Southland Times, Issue 22489, 25 January 1935, Page 7
Word Count
122BUTTER MARKET Southland Times, Issue 22489, 25 January 1935, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Southland Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.