THE BUTTER MARKET.
Fuller pressure of increasing supplies the blitter market lias declined, and finest salted New Zealand butter dropped 1-ls per cwt. last week (says the ‘‘Dominion"). Increased supplies are going lorward I nan Australia and New Zealand and possibly from the Argentine, while the arrivals in the I'nitcd Kingdom during the four months to October 31st. show a very .substantial increase as compared with the receipts for the corresponding mouths hist
An increase of 23G,000ewt.. or 11.800 tons is substantial, but the market appeal’s to have easily taken this in. as prices advanced. The prospective supplies from the Southern Hemisphere are large. Australia has had ample rains, and is exporting about double the quantity shipped last year, and heavv shipments have gone from New Zealand There can be no serious adverse movement until the Christmas trading is over.
year: — 1921. 1923. Ot Cut. ,1 Illy .. IIH.OO,) iio.ooo A u^'ist .. 108,000 ■loo.ooo .. -l.'ll.coi) IWO.OOO ()i toiler .. n o.oco OoS.OO'J 1.7oS.0C0 1.02-J.000
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Hokitika Guardian, 21 November 1924, Page 3
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162THE BUTTER MARKET. Hokitika Guardian, 21 November 1924, Page 3
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