ANGLING FOR BUTTER OUTPUTS.

Dominion, Volume 2, Issue 614, 17 September 1909, Page 8

ANGLING FOR BUTTER OUTPUTS.

[ ' SOME STIIT-BACICED DIRECTORS., . f -'•> Negotiations.fpr iorward'purchase of (I ■ ' <cr on<l Outputs, '.c'ohtiiiue, -....but. .the. !- |":V \ ' parties iaterestkffellbw., no hurry to como/to 'conclusions,, 'it. Meetingof the , Cain-bridge/,Co-operafdye ; ( ; / v v-" 'fourteen.firms madQ."!offep^^tH'owhole of theso, ,1 j: : ' - directors thou, announced ..tho price.at whicli ~ ;/■: .'/ they .wero "willing" to - s'eli, : "'Stating' .that .the first I-':, :' - who offered that, price would get .the order. : difv patched, but apparently. without/, awul./ *ow . p.-i.y iCth'edirectors"have .^decided'/ to-;slpp/on--their K own-account." • j;i i ' Stratford-^and' 'Midhirstirejeoted: IOJd. last. . [-' : • week, :and there were six .mootings.i of djiry ir&:^s ; compiito. ; at /Inglewood ...on . t.- •• .'-.day. to meet,'Wyors, -but.' the.:oilly ...company ElviAi-"vwhich;definitely//decided upon,.disposal ::of^ ite: - !■ ',*% <' 'output:was':! the : Lepperton - Co-operative But-. N'■ This^company;wjll:.> consign f • through : Messrs. Collett and Company. ■ Cheese about 55d.':•/■. Inthb : south;";tho"Banks; Peninsula factories i. : have met buyers, hut rejected all offers. It is ■ £ : - : f:V:'W-6aid;the best .offer was 5 5-16 d. f.o.b. Lyttelton. German! 'Bay,-'.:Wainui, and .Little Akaloa , f'-'..'. '-^factoriesasicd . (unsuccessfully) for sjd. f.o.b.' . tiKfii,',' 1 or , straight-out comR.bination: arists /among. buying '.agents/this. sea-. E/'ifc'/sbn is a speculative. matter. " There. ; can- be . however, .that-certain events -of-last t--V/' v v: ; /season, and ; theVdisappearance of-firms which blamed .for: TMh'.speculation ;a year ,ago, '-;.-.have tended to somo sort of : mutual protection\pi:society,' among. the ./agents,' and., thero ; , is . tho p',\further fact.;/that/ ; at /iii; k'Vv-::. London of '. oho'- ot' - the companies- operating 'locally,. ? theine&l of seme such arrangement to V -.prevent , the unduo, inflation,: of : prices , herd was j ' 'V . -pointed'': ont. •; factory-directors,'jlmwever, ap : l i i/V-V ;* j, pear '.to .be !.capable''\pf - ta&iiie.; cairo •: of ■ : sVX:///:-selves,;jud|^gjby/the:stiffhess',of/fieir-backs , i at present. , ,