BUTTER PRICES IN 1908.
A SUDDEN FLUTTER. , ; In view of the comparisons that have been instituted] between - the present rise in. batter, an<l')tho movement in February, .1908, when 150s. - per cwt. was quoted, we »lia,vo-compiled a table showing the*'course of the market in .that year as recorded in the High Commissioner's cablegrams.: The brief flutter in' 1908 is admitted to have been due almost solely to spieculative causes, and a temporary panic', on receipt of exaggerated reports of the effect of the dry summer on New Zealand supplies. • The course of prices during the first three months of'the year was as follows:— . d -■ .a . ■ d . . • "a ' 'S '. . . g .2 u •; « to a . « • p u a z c. a 1908. 6, 6. - fi, g. g. lan. 1 ...... 119 116 It" 124 115 lan. 11 ...... 119 116 .117 125 11! lan. 18 118 116 U7 125 li: lan. 25 ..;... 119 117 117 125 , 11* Feb. 1 124 122 120 127 111 Feb. 8 136 132 132 138 — Feb'. 15 " 150 148 — 151 14^ Feb,. 22 ...... 146 144 - 148 - Fob. 29 ...... 120 .■ 116 — 125 111 Mar. 7 ...... 122 120 120 126 -, - Mar. 14 118 — — 120 — ifar.2l 1 113 . 110 - 120 - ilar.2B ...... 111. 108 108 113 - iprillll' 107 108 111 10!
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Dominion, Volume 3, Issue 766, 15 March 1910, Page 8
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207BUTTER PRICES IN 1908. Dominion, Volume 3, Issue 766, 15 March 1910, Page 8
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