LOWER BUTTER PRICES
Drop Expected in January (Received 20, 2.45 a.m.) LONDON, Dec. 18. Butter is experiencing a difiicult market. Stocks are considerably down on the previous fortnight, and this has encouraged the hope for a useful appreciation, bnt the advance is. purely nominal and business has been entirely distributive. There has been no speculation, indicating that despite the improved statistical position there is little optimism. There is plenty of butter in sight, and lower prices are expected in Janudry. Retail butter prices have been drastically slashed, Empire average prices being 1/1 to 1/2 per lb., but consumption, though improving, has still not recovered the loss during the period of high prices. There is no interest in cheese. Though the arrivals have been comparatively light the demand has been barely sufficient to clear them.
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Bibliographic details
Hawke's Bay Herald-Tribune, Volume 81, Issue 74, 20 December 1937, Page 8
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134LOWER BUTTER PRICES Hawke's Bay Herald-Tribune, Volume 81, Issue 74, 20 December 1937, Page 8
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