BUTTER POSITION.

Pukekohe & Waiuku Times, Volume 9, Issue 541, 18 June 1920, Page 4

BUTTER POSITION.

THE LOCAL MARKET. Referring to Mr. Massey's statement regarding the local butter market, Mr. Goodfellow said lie was quite ill fait with the position that would exist after August 1. Of the 220,000 boxes now in store, and which had been taken by the New Zealand Government, it had evidently now been decided to ship 50,000 boxes Home. This would still leave an approximate surplus of 50,000 boxes over and above the normal winter requirements. "If the Government do not intend to use this surplus (which was really sold to the Imperial Government)'to keep down the price of the new make during the early part of next season," said Mr. Goodt'ellow, "how do they propose to dispose of the butter? Will they sell it to the factories in unlimited quantities until the surplus has been cleared 7 If not, it is quite obvious that this butter will compete with the new season's make during August, September, and October. A more definite statement from the Government on this point would be appreciated, especially in view ot the persistent rumours'to the effect that at least one section of tha community has been told privately that the price of butter will not be increased without further reference being made to them.'