Price of Butter

Te Aroha News, Volume XXXVII, Issue 5975, 8 September 1920, Page 1

Price of Butter

Mr Nathan's Comment . A*message from Palm'.rstdn North on Friday stated that Mr. Nathan, • in referring to a speech bjf Mr Dermer at the annual meeting of the Cheltenham Dairy Company, remarked that the latest information at Wellington was that the Batter Commission bad received an offer from the Inhperial Government of 280 s per cwt., equal to 2s 6d per lb. f.o.b. up to January 31st next. The local Butter Commission had asked that the contracts entered in‘o with America and Vancouver be respected. Mij Massey bad great difficulty ahead in regard to the price for local market, which at the price offered by Engalnd would be 2s lOd lb. That,would cause dissatisfaction with one section of the •community. Many believe theio ik real cause for anxiety about the butter supply of the world in the comiDg year, and in the years to'follow. Nobody but returned soldiers who have seen the wreckage in Prance and Belgium, and are aware of theiipositiou in Russia and other Continental countries, really know what the world’s food position is going to be, even in the next twelve months. That is why it is believed the Imperial Government is not taking any avoidable risks.