BUTTER IN COOL STORES.

Dominion, Volume 5, Issue 1429, 2 May 1912, Page 8

BUTTER IN COOL STORES.

A SUBSTANTIAL INCREASE.

WILL PRICES DROP?

Considerable curiosi y has been evinced of late as to tho quantity of butter which had been placed in cool storage for w ntci consumption. After Inst muter s shoit ago and tho consequently high which prevailed then, it was 01 ' that more butter would bo placed in tho stores this year, but against this the c was until finite recently the strong temptation to ship abroad becnuso ot tlio mgu nines ruling. However, prices dropped at Home, and it was naturally assumed that a good deal, of the make would be going in the cool stores. The totals announced yesterday, show that in all there are 54 832 boxes in tho different cool chambers in New Zealand, or 14,108 more boxes than were on hand at this time last year, and 22,000 more than at April, 1910- as far as Wellington is concerned the amount in store to-day as compared with April 30 last year shows on advance ot -lodu boxes. The totals in the various stores aro as under, the figures at April 30, 1911, >ing given also:1912. 1911. Boxes. Boxes. Auckland 20.454 15,700 Kow I'lVmouth: 10,000 Itf47 Paten- " 3 . 001 I,lsß Wellington 15,110 •• ™.™ Lyttelton - "• J.« 2 J>'^ Dunedin ...:.......... 1.U9 *-> m Totals 54,832. 40,724 In conversation with a merchant who has his finger, on the pulse of tlw _ rsovr Zealand butter market, a. representative ot •Thb-Wominion was informed yesterday thut there was any amount of butter lor the winter and prices should come down Id. a pound. Another merchant agreed that prices should come down, but to enable this- to b 3 done the factories would have to lower their prices. The values ruling on the London market, and nu things considered, prices should, in his opinion, drop Id. per pound.