BUTTER PROSPECTS.

Wanganui Chronicle, Volume LX, Issue 16718, 11 August 1916, Page 7

BUTTER PROSPECTS.

GOOD FOR THE NEXT TEN

YEARS

AN IMPORTANT SUGGESTION

(From our Travelling Reporter.) The prospects of the butter-man are just now distinctly good, and this may be gauged from the fact that the Ballance Dairy Co. has arranged for the disposal Of all its bulk butter for the next couple of months at practically 17a. per pound. This is a big price. An interesting opinion bearing on the future prospects of the butter industry was given at the annual meeting of the Cheltenham Dairy Co. yesterday, when Mr Nathan, in addressing the suppliers, stated that the price now offering was Is 5d for August, and Is 4sd up to Is 5d for September output. His suggestion to the directors for the coming season was to ship Home, half salted and half unsalted. The suppliers could look forward to tho coming season with a good deal of pleasure and profit. Since he bad been in Cheltenham four years ago. he had visited the United States and Canada. He believed that in a few years there would be a big market.in New York and East America for high grade butter. Then there was a great dearth of cows in the world. It would take Victoria ten years to get up to the number of cows grazed there foiir years ago.-. Consider, ing the position in Belgium and France he thought that the prospects must be good for the next ten years. As showing what his firm thought of the future they had gone up Auckland way and agreed to pay Is. 3d. per pound for the next ten years.