NEW ZEALAND BUTTER.

Taranaki Daily News, Volume LI, Issue 53, 21 February 1908, Page 4

NEW ZEALAND BUTTER.

HlCiJl I'KIOKS iIAI.NTAINKO. Jxjudou, February ID. The arrival ui OU.tllK) boxes of' butter has steadied llic market. There .s Jair demand I'iir Australian and .Sen Zealand at loUs, occasionally tJ he general impression is that the maikot has reached tile top. -UAUKIiT KKI'OKTIOD IU JSM WFAKKMNII. Per Presa Association. I'alnicrston X.. Thursday. I'lie PaliiH't'stiiii nllice <ti' the -New /k.ilauil Farmers' Dairy I'liion received .1 cable today from Wcddcll and Co., stilt• ing that the London butter market wis weakening. and there was a Hirong dow'tr ward tendency. I'lilCF. .\I.\Y STIIJ, INCIIKASI-:. The Wellington Imtler market is :n a parlous state. Factory but tor is being retailed at Is -Id per lb*, and il may go to half-a-erowu. nearly double tin- present high priee: that, at any rate, ithe opinion of a gentleman in tlic wholesale trade, says ihe Wellington I'o.st. "If." lie said, "lain falls in snU'e-ieiit '(liabilities in Taranaki then the prhv will ultimately drop: but 1 have been doing what I have never done since we started: refusing orders tor butler. It •.imply is not available. 'lhe whole question resolves itself inio a mailer of supply and demand. At the present lime there is enough lo satistY Ihe local demand, provided lite consumption is not increased."

"And then?" asked the Post rep! senlaiive.

"Well, if the consumption is not reduced—reilueed. mind you-it's an absolute certainly that there will nol b? enough to go round, that's all; and the price will go up to "2s per lb. or even 2s (Id. Factories^are making so lilclc now- ill fact. 40 per cent, less thtii they made at this lime last year."

J lie lmtter factor was sounded upon this effect that the scarcity of lmtter is likely to have upon jams and golden syrups.

'1 do not think they will rise in price. They should not. for (lie consumers of jams, ami lollies, too. for that matter, have gained nothing by Ihe reduction ot the sugar duly, except upon sugar itself. The reduction has been a bonus to the jam and confectionery trades, so that T do not think any increased consumption of lmtter substitites should iniise them to vise in price. People with families eanuoi, .at the present and prospective prices, [allow* children to butler their bread as they have been doing with the very finest creamery lmtter. when it was Is or Is Id per lli. For their own protection housekeepers must curtail their consumption of butter, otherwise, in view of the continuance of the dry we.illier. Ihe present- high priee must lie materially enhanced. There's no help for jil. In any case. 1 think 1 am -~afe bi saving (hat (here will lie no advanr noon Is -Id per lb for this week."