BUTTER POSITION CLARIFIED
MORE STEADINESS IN MARKET. ' HEAVY STOCKS IN LONDON. By. Telegraph—Press Assn.—Copyright. Rec. 6.30 p.m. London, April 29. . The, butter market for some time has been fluctuating according to rumours arid counter-rumours regarding restrictions on imports. Buyers did not know where they were and so they pursued a hand to mouth policy, but now that it is known definitely that Australia and New Zealand will not reduce exports, and that the Danish quota has been fixed at 2,300,000 cwt., a reduction of 284,000,000 cwt. compared with 1932 the position has been clarified and the market is becoming steady at slightly firmer prices. It is satisfactory to know that consumption has been well maintained, but in face of the heavy supplies it has not been possible to prevent a considerable increase in stocks in cold stores, which according th the Empire Marketing Board’s report were 942,213 boxes on April 15, compared with 484,248 boxes at the same date last year and 298,404 in 1931.
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Taranaki Daily News, 1 May 1933, Page 6
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165BUTTER POSITION CLARIFIED Taranaki Daily News, 1 May 1933, Page 6
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