BUTTER MARKET

Timaru Herald, Volume CXLII, Issue 20535, 29 September 1936, Page 7

BUTTER MARKET

RETAIL SUPPLIES By Tel ■‘graph—Press Association WELLINGTON, September 28. Certain dairy factories supplying the Wellington market have decided to make supplies available to retailers direct at the same price as that charged to distributors. Under this arrangement, which came into operation to-day, butter from these factories will be available at the depot in Wellington at 121 d per lb in pats plus a servicing charge of 41d a box. The factories concerned are situated in the Manawatu, Hawke's Bay and Wairarapa districts. A condition of sale to th e retailer is that the transaction must be for cash. It is pointed out that the new arrangement is likely to have a serious effect on the business of the distributors who previously handled butter from the factories concerned, but on the other hand retailers may prefer to retain their connections with the wholesale houses ir order that they might continue to operate on a credit basis. The Wellington Master Grocers Association announced to-day that it had been advised by the distributors that the wholesale price for butter had been reduced to 1/1 per lb delivered. The new retail prices will be first gi ade 1/2 superfine 1/2-5, both cash ovei the counter, and up to 1/3 booked or delivered.