BUTTER BARGAINS.

Dominion, Volume 3, Issue 632, 8 October 1909, Page 10

BUTTER BARGAINS.

il;'4 ;;v' '■:■:i'vv;!,.■', Butter," and.chceso bargains 'are the;big. sub- ;",;•' f-jbcts' of'i'discussio'n.:nmbhg dairy'farmers'just point '.'.'-" "=': 'ft:Bingu\ar rnmouT has x;j fyO>';flashed;xout.,/ tt;J3;'deolaTcdNthat there is :a fvV^;" j 'cornor4n/chcoso^';vK : ~'.':■-; ;5;;;-/^ : V Tlib .rumour, is-Dascd; on'certain conspicuous 1 ■'•>'S- ! - DoaraioH last Wed-' //'neiday /published;;a .list of-the - contracts, made ;■.'■':.''/■vrijth dairy., factories season's x;/;.';y:butputs,.;,tbat i -iist,'; tb.oughy.riot .professing to. i:/;.;;. bo.comp.letc,.appeared, tosliow an unusual pre-•V;'v.':,;Eonderahco-6i\,consignments.;; It.has- nlso.-apr •JV:..!: Speared to. somo.to.-show.; something, more. It' ; ".!^;:';,is.held ; *:to;suggestthb existence of an arrange:rneiit_arhorig' some; of the; largo firms to,.corner, ?.;:,-../; supplies'.; .It is' pointed out that' ri\ prominent y-:.y':i'-.firm has..secured an.-uriusnally.'large proportion t.ri?;,, of/-.tho. outputs,:- rind ..that .other firms, generi ally.quite as.muclito'the' fore; have this year ii;';;-,': scemed-to /treat'the- market with inexplicable ■":'\;:...::indifierence.. .They.liavo-let an apparent rival ;S';y//.;:"scoop:;tho Vpool." -In "some-;conspicuous cases ■:"';>•''v|-.;i.--:-'(it"is /said) factories .which"had hitherto been' ,-;■• •';.'.;; consistent-, supporters',of .'one.'or two. firms -of (..!:■!"':• woroyallowcd;to -make -contracts,- with Z:>rh'-'IW rival^firmin.iquestion,; practically with--3>!-,"•-. v°, u .t competition.:' The: corner. story is applied S" ; ; to":cheese.' ;li, is .given .'some .veri-,-..;■:,.'.-j similitude by : th6 : .words used by'the chairman ;!;••!. .r of.one, of, the. large-Jinglisb.. companies .at its feT'f ;; last annual meeting. >He was .reported as sayv;.;v;;y; iug:'..;..yyy; .<;''." y -•/-;;■,,;- '-. s / : '.yy ;;■ , .;...--. '■. '■;■:'■•-'>\l: n '' .".'■;.--"1/-spoke: a few minutes ago.' about the «&•'-; ;-•; prices;, that- were paid yfor./tlio goods' in /SvyS- /y.-yNew,;;Zea!and.;>V,Wheh,,tho.contracts were.'■ ':i;:. ";>;■■'•;! being;;mado'.in,' .August-and : September- .of '•' ■"';*'■* i"V ; l) last .year;', speculators -stepped','in;.and,''to ! 'a" '.7;.-:i i '-'''.vßreat.;.e.'ctcht,'.;spoiled' those',of us who-.are' ,;-\-':.'-';'r*nr.:the:..regularbn'sihess.- Our- ."competitors;" f/y'%'- paid,:.'as" miicb/as .lljd./iaiid. Hid., lor the•:■ :;6."^:^ki;Dutter:.,ill;;the;^factories,■•. ; and- when-that " X* ■:,.;.-; here,, in 'the full-swing of. the'.-. .-,*-;.,;; ';-business•;i^.;.tho; J first.'■tK^eo"nl(taths.;of..:tho'■ , '' >;i y y/yyjg"/;- i^wnsi'lieiriK/sOld'ihjLoudbn^at/less o '' j"'--:-:! :- than thWactua'lvcdst'vbeforo'itleft the : ; f a'c--V yy tories,;in,New-Zealand"; y";.- }J \ . ','•;;- ;.,':. ?/i&'riv' •*•:. shareholder;'then.remarked 'that- '-'he was -;-;. '...^Jorry^thatitboso.K-hd.sold goods at' J a loss, and ''V:,.: thereby;Uid.;vthemsolves and.thotrado'an in- /:;?/:;-"•-,; iury,-did not join together-or arrange-between' =;■;*;-;;, ;:tneinselvcs.;tb -sell :, at,some'.softVof'-pr6nt."r. ! Si /^K''(.'''i tf;: °P et ' l t O P- com ! )inoV ' to -''' scll »t n.profit,". i-.y/,-'-;'-.'.- , why,,hot, also combino.tb "buy/at j'a print"? K ; ';>'v-? nat j s i; o ,t/couise,. ay very natural inferenco L,;:'/;.; : .-.--;-ioE- , a-factory/director to give to.draw. ;*:;>-; -But th'ofe.:is..an explanation.''J.l'ho' inactive fi-'yyy;'-fir,ras;.;may ;.havp chosen' to;.<rcaiain.'6oi\.simply''> Ky'y.'.'. because;.:the"factory|'diriic{6&';Cideas' of)•Values,! \'i-■■X~? -r.Javo ysoared/ouifov out oi'.'tho,..; basis ;: 1 -...": 3.■ iromjrW , hich.^'tneir':'.lbcar ; agehts'"'Had i 'bee , n:''perV' ytpyltreat.. AndCit/ must bo. admitted SJo: v ;'tliat : ;:'sqmß!,bf., the'.".prices..already;--paid;', have' .';.:;-':;:":: appeared quite beyoiid whafethd- present! *;■-.;'; •;;:;, Warrants../ And - then - tlie'r(?;;is;.;tho; : f act. ■'/.;''.-thatrthe .rival.-agoht'.who has^secured-'so'.many-' c' ; r'.'',''..:°f..thb.'.outputs has'a i-;Pnshiiig-rw.hat:tho chairman of on,'o?.of,'tho';les!(' ", a -:v ,•■■.;;■ active, ...rival.'-,companies- ' T? '^j.':* radl ' n S" ; X bo ::-it i s -qulffe'y'e'itsiblo^'.tjft^ilVfti'"view-, iVS'-.'.:.' .'he.,losses\of, last -.season :arid^the!{outlook; ;o\-v..v : operating?,3rmsi ;-;)-;'; 'have'-"placed;.■■ theur 'genuihely'';;under J;'."; : ;"';igreatbr: restraint than-'.formerly: .'>«';£"'■.-<.:-;.'. > 'J, p. •£'.-It■: is•: generally ! understood^that the^linjjts -Of' p-;^;'' i w'e'r'o iredu'ee'd. i'.'--v/£.y.';by ;their!:.priilcipals;'invßritain ;qn ito?/ft S'weekr 'a,;:':: .1 ago,.iand^that■;.on , erXf|h.S!%:-JBJeclMl-\''qro''j!soo'jvi !it,' ,-;'''cariceUed^-i/This,' :however7"is.■'• attribufedvfibyr £*"~,.ii- : -- some}to'['a'.^'Jjearihg";..movement; at, i i-.-.'-'' i 3 ;a; hard-'iluestion,', and.;thei'wholbi situatigfi .ix'?s . js.'a.littlej;raystcrious; ; :C-,' Vy-.';■■;; '.f ; ,,■.'•.. ■, *;-,i'-;-}-.l;..':'V,on'e,qubsti6n I .that-seems to stand prominently ;5;i ; :.;,;.-;}out .frontiallv'tliis-speculation/'is ',this: ;Can ]^i/;t':V:H6m'e ; firms' ! ,do'.without IJew'-Zealand ;butter f or• ;;;f ; .: ,: ';-;,'cheese? -;.V:;i;''-;,the; opcrStofi,.;that they%'caii.',. .They would' ; ' *::;\'','Bubstitute;V(]licaper Siberian ';btttb3r.'-'or; dearer vbnttefeor •jj'jv <£: howeveri'-'assfert that the''absence; of Weyt: Zia;!;'^y/^vland...butle'lf? l iTOUld'-'.lbso: : a/' Hbmo.-firm some of l?v-)-'/• its;• custbijjers. ■'■; To .this the. operator .already J-: vj-'; '■* alluded -itdj/. teplies: .': "Our;, customers .would ?;,:|;';V.readily tak|/Siberian'butter"..instead.->We could. ' :: 'ri ! >;-\i simply sayftj ;Sprry; we're ,not• .handling/any i ; SV/ : ■'"•;\Now_ Zea.lari'tti'butterJthis.year.-it's" too dear; ;,/;/>> and ifs;vb'ry^mUci''Water r lopedy,,,This,Sibexian,; :.;-., :; h.'.'";is' really ;\V'.):-;, etc.' - Vitas. '■'S'''.'.. ;Wbuld'TviHinglyTplit ;;;/Zealand-trade„and;thus' play;into the hands of. •j Ks-.y.. any, co-operative /marketing combine that might ,:,;;/;;....>, develop;in/this /country;;-* vy'-.: ■:.'.'■ ...-