NEW ZEALAND BUTTER.
SELLING PRICE IN BRITAIN. , DISPA B IT yUeXPL AINED. Received Mav 2, 12.20 p.m. Condon, May i. An official of the Ministry of Food, interviewed by the Australian Associated Press regarding criticism of the high retail price of butter in the United Kingdom, claimed that it was misleading to compare the New Zealand f.o.b. price of 112 s 6d per cwt with the issue price of 143 s without bearing in mind that New Zealand and Australia would be obliged to bear the cost of insurance, freight and selling charges under peacetime conditions. Therefore it was improbable that butter sold for 112 s 6d in New Zealand could be retailed in the United Kingdom at present under Is 6d per lb. The difference of Id between that and the present maximum price was fully r justified by the wartime cost. However, the Ministry of Food was giving the closest attention to the possibility of reducing the costs of storage and distribution with a view to reducing the retail price. The speaker undertook to investigate the intensive propaganda for margarine and its possible ill-effect on public interest for butter.
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Bibliographic details
Manawatu Standard, Volume LX, Issue 130, 2 May 1940, Page 9
Word Count
191NEW ZEALAND BUTTER. Manawatu Standard, Volume LX, Issue 130, 2 May 1940, Page 9
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