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THE BUTTER MARKET .

s T .Z. STOCKS GREATLY REDUCED. Mr Massey. . before opening (lie Meat Pool Conference on Tuesday, road the following cable from the High 'Commissioner regarding butter: “It is understood from the Board of Trade that a good demand has been experienced during the last .fen days, and the unsold slocks of Non Zealand have been reduced to 1000 tons. Australian is in slower demand. Stocks altogether now stand at SOOO tons. f presume, therefore, that further action is unnecessary on the part of New Zealand.” M-- Massey explained that this meant that the stocks of New Zealand had boon reduced from SOOO to 1000 tons, which was a more trifle. The Bank of New Zealand received a'cable message dated London, January 0, slating that there was an improvement, in die tone of the butter market, highest grade, New Zealand being quoted up to 130/-.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TEML19220112.2.12

Bibliographic details

Temuka Leader, Issue 10283, 12 January 1922, Page 2

Word Count
147

THE BUTTER MARKET . Temuka Leader, Issue 10283, 12 January 1922, Page 2

THE BUTTER MARKET . Temuka Leader, Issue 10283, 12 January 1922, Page 2