LOW CONSUMPTION

Dominion, Volume 33, Issue 188, 6 May 1940, Page 12

LOW CONSUMPTION

Butter In United Kingdom PRODUCERS’ POSITION WORSE (By Telegraph.—Press Assn.— Copyright.) (Received May 5, 7.10 p.m.) LONDON, May 4. New Zealand and /Australia have continued their efforts to secure increased .shinning facilities, New Zealand particularly being interested in securing ships tor apples*. The butler position is becoming worse from the producers’ standpoint, ’traders now estimate that United Kingdom consumption is little more than four ounces a head, which is half the permitted ration. , , A highly-placed official, in denying the suggestion that New Zealand and Australian producers were unfairly treated, claimed that it should be remembered that New Zealand and Australia already received a substantial preference. It would not appear that the quantity of New Zealand butter exported to the United Kingdom could be increased even if the retail price was lowered. The official promised to investigate the question of the publicity at present given margarine. It was pointed out that New Zealand and Australian butter had not only lost its identity but all propaganda encouraging the consumption of butter ceased on the outbreak of war. On the other hand margarine producers were advertising heavily, also the 8.8. C. periodically gives talks emphasizing the food value of margarine. Sydney Stock Exchange By Telegraph—Press Assn.—Copyright. SYDNEY, May 4. Sales on the Sydney Stock Exchange

today included - £ s. d. Tooth and Co 2 10 9

Gold Mining Returns The White’s Electric dredge returned 43 ounces for 126 hours from 9300 yards. The New River return totalled 23 ounces for 95 hours from 9200 yards. The Worksop Extended dredge returned 16 ounces for 126 hours, from 10,100 yards. (By Telegraph—Press Association.) GREYMOUTH, May 4. Tlie Argo dredge returned 40 ounces for 117 hours from 10,500 yards. British Treasury Bills (British Official Wireless.) LONDON, May 3. The total amount applied for in tenders for £60,000,000 of Treasury Bills was £113,190,000. The average rate per cent, for bills at three months was 20/4.81d. against 20/4.98d. a week ago. Big River Report ' Big River Gold Mines. Limited, _ report for the week ending May 2No. 5 level: E stope: Billing now in progress. No. 6 level: South block: Stoping, stone 3 feet wide. Level: Advanced 6 feet, total 56 feet. Nothing of any value yet. Shaftj Repairs not yet completed. Battery: 25 tons stone sent to the battery.

Associated News 0 11 9 Anthony Hordern 0 12 9 Aust. Consol. Industries .... 1 17 0 Ditto, con 0 19 0 British Tobacco 2 0 G Broken Hill Pty 2 6 3 Burns’, Philp 2 13 0 Colonial Sugar 52 0 0