THE BUTTER SUPPLY.

Dominion, Volume 5, Issue 1433, 7 May 1912, Page 8

THE BUTTER SUPPLY.

CAN IMUCiiS IHS MAINTAIN!;!)?

on the position of Ihe butter market at" Monie and nbrjnd, a Christcliurch writer remarks Hint. tho quantity tit butter im hand, mul likely to be manufactured before till' season closes, is quilc sullicieuf fur local rwiuiremonty, mid merchants consider thai I here is nut only no reason for <1 l'i-e in price this winter, but that then? should be a reduction ot' Id. per lb. Merchants, however, could not make the reduction uiile-s the factories first lowered their prices. It is rumoured, however, says the writer in question, that there is u movement afoot to continue to export in order to keep down the supplies on hand, and so Maintain the local prices. Such a move, it is argued, would he strongly resented by consumers, who have not been altogether satisfied with the reason pivrn advancing (lie price to its present ii ch limit, and retaining it. 'jo adopt the American Trust method of shipping the surplus in order to maintain local prices is (>avs the southern writer) a policy that will certainly not mwt with favour with such a popular and important article of food as butter.