BUTTER MARKET QUIET
QUOTATIONS UNCHANGED LARGE STOCKS HELD With Danish competition still keen, and Northern Hemisphere summer supplies keeping up, the London butter market registers little or no improvement. Latest cabled advice from Homo records quiet markets with quotations unchanged. Neither is there anything to be taken from the cables to give rise to a hope for anv great advance in values in the immediate future. As far as New Zealand is concerned, stocks awaiting shipment to clear up the 1962-27 output are considerably higher than was the case at this time last year. Again there is no indication that the Northern Hemisphere stocks are as yet easing off to any appreciable extent. In Auckland alone the amount of produce still on hand at the stores is 150,044 boxes of butter, compared with 102,206 boxes of buter on hand at the same time last year. This, of course, is largely due to the large increase in production over the season. -The total increase in production, for the season to June 1 as compared with the previous year for Auckland alone- is over a quarter of a million bpxes..
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Bibliographic details
Sun (Auckland), Volume 1, Issue 87, 4 July 1927, Page 2
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188BUTTER MARKET QUIET Sun (Auckland), Volume 1, Issue 87, 4 July 1927, Page 2
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