SLUMP IN BUTTER.
AUSTRALIAN PRECAUTIONS. REGULATION OF SUPPLIESDOMINION MAY CO-OPERATE. United Press Assn.—Elec. Tel. Copyright, SYDNEY, Nov. 30. The Australian Dairy Produce Export Board is to hold a special meeting on Tuesday in Melbourne to discuss means of checking the slump in butter prices. As the current price of Australian butter in London represents a fall of £l3 to £ls a ton in 11 days, -proposals will be submitted for the regulation of shipments. Also it is proposed that butter shall not be sold to London at the present prices. The board considers that as much butter could be sold to London at 80s a cvvt. as at 70s, the latter being the present ((notation. However, tlio board does not seek to determine tli.e -price above 80s a cvvt. unless the market of its own free will goes beyond that level. The New Zealand Dairy Board is expected to co-operate.
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Bibliographic details
Waikato Times, Volume 114, Issue 19118, 1 December 1933, Page 5
Word Count
150SLUMP IN BUTTER. Waikato Times, Volume 114, Issue 19118, 1 December 1933, Page 5
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