BUTTER MARKET.

Gisborne Times, Volume XXIII, Issue 1838, 20 August 1906, Page 3

BUTTER MARKET.

IMPROVED PROSPECTS IN

LONDON. FUIiSS ASSOCIATION COYPHIUIIT Beoeivod 4.38 p m., Angnst 19. London, August 18 Woddlo’s annua! review of the produce leads says that it is disappointing to find little real advanoa in the quality ol Victoria and other Australian butters. Government grading may oauso an improve mont, but hitherto it has r.os been wi ll douo. There wili ba uo satisfactory result until it is made compulsory. The outlook for the season is vrry favorable. Last year’s prices ure kk.ly to bo txeeodod.

EE PLY TO TRADES AND LAI3OE COUNCIL. TRESS ASSOCIATION Wellington, last night. Ia cmneotion with the Trades and Labor Counoil’3 advcc ,oy of the removal of tho import duty on imported huttor owing to tbo high price < f tho local a. t c.e, wbioh it was alleged is practically a monopoly, Mr ,T, G. Haikness, secretary of tho National Dairy Association, wrt'ato the Post : " The reply to that is that iho retail price to-day horo is not greater than that ruling in Auckland at Is 6’, Christ church Is od, and Dunedin Is ell. It the above contention is correct, it follows that there is also a monopoly in the other three oities. Can tho Trades Council or any •risumor provo this ? Now, tho remedy Jtng to tho former body is to remove ■jjißp, and import from the Common*l§fb. Butter is quoted at tho time of ,ing in Sydney at Is Old wholesale, To .3 must be added freight :j 1 a pound, and do additional cost of inward wharfage, commission, oarlage, delivery, and ordinary business risk. Will tho original cost, together with charges, make the value less or moro than the Wellington wholesale prices'? Tho answer must be patent to all. Tho duty djes uot stl.-et tho question at all. In conclusion, lot me poms out ibis fact to the Trades Council. Consumers must pay through the coming summer Is Id to Is 2.1. from Ist September, 1906, to 30tb April, 1907. Tbo sea son’s output in bulk has been sold at from I0|: Ito .lid per lb f o.b Wellingt. n. The quantity rrquired for local purposes will have to bo put into pouod pats, wbioh will cost id per lb more, so that the wholesale price throughout summer will bo ll.Jd to 1 Is, and the reta l price Is Id to Is 2J. ' Now, what has the ‘butter ting’ or the j ’ monopoly,’ if it exists, to do with tbo price for this period ? It is absolutely 1 fixed by the figure ruing in the London market for this clsss of 0010 Dial produce. Too evident rrp’y to that is, sheu'd not this ptirciplo apply throughout the year ? Nc, certainly not, In reference to cur wiDtcreeaecD, say from May to Septimber, the oonditiors are somewhat alteiod. This period is the Northom Hemisphere summer and sup plies are plentiful, Bnd colonial but’er is ; lower and not in demand. Tbo pries here < then beoomes a question of supply and f domand. If the Trades Council and con I sumer complain that the present prices » aro fiotiiion?, let them indues somo ( refailer to make a contract for a year with i sains leading factory at a fixed price. This f iffa parfeotly legitimate method of doing t business. The market is open, and lei us t sea what would be the result.” E