THE BUTTER MARKET.

Wanganui Herald, Volume XXXXI, Issue 12192, 13 June 1907, Page 7

THE BUTTER MARKET.

Biff Losses by Speculators Las* Season.

(Per United Pros- Association.) AT ( KLAXD. June VS. l'(i"iii".g to a statement iiiibl's-hcd ili.it !iii\< l's 01 butie-r 111 tin- colony lost li".>vily la t season, and t'l.it jiriccs a'-c likclv to be lowei next sfaso'i. Mr Snrai'g. mail igiii'j direeior ol Ihe New /,eal.'iid Daily i. KL.t'on, -a.! tliat it was uuoiic stior abb that btiticr sp.-ciil jtors who bought bitttei 111 the co'onv last year siillcred 1 ."liy. It was not new-, to linn that a singlein 111 chopped £1 (>()<) and mare in the seno>i. 'ih" fetal !(' s to speculators has bcci \.llrnlslv cfimatid at irom tV)(I,(H!D to t2."'i,(io ). Th**re was, of conrsf, a chini'-e that the statement ha- been oxaggej'ate d, ,-s it would suit prospective buveis to have it undeMood that they had sufierc-d badly 111 the last season, liecaus" that jilea would probably hell) them to bpy mcro cheaply ia tie coining oic>. AYhat'ever the actual i Miount ot their los-ics wa^. they had cert -inly bc# cnor'no'.is. Pressed for his opiinca 1 expecting 1 next veai-V London market. Mr Spraog faid that he w.as not .u'tic-ipating a wor.se one than last, indeed, il Xew Zealand butter could be Mild in a ■ iidicious mannoi . and not nude- pressure, .is l.isi \ear, the mailed micht even be a bcttei one.