LONDON BUTTER MARKET.
HEAVY STOCKS. United Press Assn. —Elec. Tel.—Copyright LONDON, May 17. Discussing the situation in the butter market, a member of a leading Cooley Street firm says: “Although consumption is reported to be increasing, evidently it is not increasing sufficiently to absorb current supplies, as the stocks in cold store in Britain increased by 4800 tons during the last four weeks and have now reached 21,300 tons, which is a considerable weight. “ Although t'he wholesalers’ and retailers’ stocks are running much lighter than usual, we hear of dry weather in New Zealand and the prospect of Canada’s taking some of the surplus now in cold storage in Ne-Cv Zealand, and if these two factors come about we may 'have a much better outlook. But the output of the Continental countries is expanding and they are finding a difficulty in selling their produce week by week."
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Bibliographic details
Waikato Times, Volume 107, Issue 18023, 19 May 1930, Page 8
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147LONDON BUTTER MARKET. Waikato Times, Volume 107, Issue 18023, 19 May 1930, Page 8
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