Butter Price Fixed

Hawke's Bay Herald-Tribune, Issue 196, 4 September 1937, Page 6

Butter Price Fixed

-Press Assoeiation.)

\ ~ t m • INTERNAL MARKET Penny a Pound Increase in This District ORDERS GAZETTED

(By TdegTapJi-

WELLINGTON-, Last Nighri The stabilisation of the whole of the lnternal "butter marketing of New Zealand is "being "brought about by tbe iasue of two Orders-in-Council, which will be issued as a supplement to tbe Gazette to-night. Under these orders butter will be sold at 1/2J per 1b. net wholesale to the retail trade for the whole of the Dominion. The aetual effect will be a rise of a penny per lb. in the Wellington provincial district, which includes Hawke's Bay} but against this the other areas in New Zealand will have to adjust their "figures, in some cases coming lower thqn they are at ""present eharging. Commenting on the new prices, Mr F. R. Picot, Director of lnternal Marketing, stated to-night that most of the centres outside the Wellington province had advanced their butter selling prices in anticipation of a higher guaranteed figure that was anticipated would be gazetted as from August 1. The Wellington controlled area, however, is now raising its figure and the outside aieas aT6 now being controlled, as far as prices are concerned, in line with the Wellington province. This is a step towards a total equalisation of the price chaTged throughout the Dominion. The price of second-grade butter has been fixed under the orders at 13Jd and whey butter at 13$d. The second-grade and whey differentiations are exactly the same as those operating on butter exported under the guaranteed price.