"MARKET SATISFATORY."

Waipa Post, Volume I, Issue 7, 9 May 1911, Page 4

"MARKET SATISFATORY."

LONDON OPINION ON BUTTER

" The colonial butter market is distinctly unsatisfactory just now," says a southern paper, which proceeds to give the result of an interview its London correspondent had with an importer. "We don't know where we are at the moment, " said the importer. The correspondent continues : "While New Zealand butter has been showing greater immunity from fishiness since I last wrote —even the Rotorua, about which I could not then speak with certainty —was a great improvement, and the Pakeha and lonic have arrived since then —Australian butter has been revealing the same trouble, Victorian as well as the rest, and the remake after the heavy rain has meant a lamentable drop in quality. The awkward part of it is that although the consumptive demand at the lower rates is very big, accumulation of stocks is still very large; indeed, butter storage is making quite a shortage in accommodation in London for meat. It must be remembered that in February the total import of butter into the United Kingdom, nearly 400,000 cwt., was a 20 per cent, rise on the same month last } r ear, and in the first two months of this year imports of New Zealand, 123,500 cwt., show a rise of nearly 30 per cent. Shortage in choicest increases the awkwardness of the market, as buyers become fastidious on plentiful supplies, and gradings are not all that they should be."