The Gisborne Times PUBLISHED EVERY MORNING. GISBORNE, FEB. 7, 1906. THE BUTTER MARKET.

Gisborne Times, Volume XIX, Issue 1668, 7 February 1906, Page 2

The Gisborne Times PUBLISHED EVERY MORNING. GISBORNE, FEB. 7, 1906. THE BUTTER MARKET.

The sensational statement made in the High. Commissioner’s report from London that there had been a collapse in the butter market was naturally the cause of much concern in dairying circles. Tne mere use of the word “collapse” had an ominous sound and naturally tended to the conviction that there had been a serious fall in the market. The re-assuring telegram which we publish this morning will be received with pleasure by all interested in the dairying industry, which practically moans everyone. The experts advise us that the *f co l- - lapse” is only what is to be expected in the Home market at this time of the year; that it is the usual experience, and there is nothing to be concerned about. We hope that these opinions will be proved to be founded on a solid basis, and that in due course the butter market will show a return to the buoyancy that had characterised it for some time previously. The socalled “collapse,” however, should not be without its lessons to the people of the colony. We have heard a great deal lately about prosperity, and it, will be as well to always bear in mind in how sudden a manner a great deal of that which goes to create the prosperity could be swept away. Any serious depression in the butter market must re-act with marked effect on the colony as a whole. Fortunately for the present there is no need to feel anxiety.