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BUTTER STOCKS HEAVY

LONDON MARKET AGAIN DULL LARGE QUANTITIES IN TRANSIT. SEASON FOR EGGS NOT PROMISING. By Telegraph—Press Assn. —Copyright. Rec. 5.5 p.m. London, Aug. 9. The butter market has again relapsed into dullness, consumers having apparently more tlxan filled immediate requirements during the period of active buying early in June. Retailers have been using their coldstored stocks, which thus have been considerably reduced but etitl remain very heavy and as the quantities afloat to Britain from the southern hemisphere are large, amounting to 257,000 boxes, compared with 148,000 a year ago, there seems likely to be a large amount on hand when the new season’s Australian and New Zealand butters begin to arrive. The prospects for the Australian and New Zealand egg season do not appear over-promising and shippers may find prices will not equal last year’s, disappointing as they were. Continental arrivals just now are .large and though supplies of British show the usual seasonal decline the demand is poor and the market irregular.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19300811.2.108

Bibliographic details

Taranaki Daily News, 11 August 1930, Page 11

Word Count
166

BUTTER STOCKS HEAVY Taranaki Daily News, 11 August 1930, Page 11

BUTTER STOCKS HEAVY Taranaki Daily News, 11 August 1930, Page 11