BUTTER UP.

Taranaki Daily News, 27 March 1922, Page 4

BUTTER UP.

FURTHER ALL ROUND INCREASE SHORTAGE IN BRITAIN. MARKET VERY ACTIVE. By Telegraph.—Press Assn.—Copyright. London, March 24. A shortage of butter supplies is causing anxiety. An importer says the arrival of the steamers Surrey and Moreton Bay, with 57,000 boxes of Australian and the Mahana with 13,000 boxes of New Zealand butter, will have little effect in remedying the shortage, as a large portion of the consignments has been booked en route, and little of the remainder is expected to come on the open market. Two steamers from New Zealand are due in the next few days, but on the other hand the absence of shipments from Australia next month, oiving, inter alia, to allocations for fruit, is likely to aggravate the conditions, though supplies will be arriving from Ireland, and possibly from France. Official prices of Australian and New Zealand butter at noon to-day were respectively 170 s and 180 s per cwt. wholesale, which is a further all-round increase. Wellington, March 25. Regarding the shortage of butter shipments, cabled from London, it is stated that two steamers from New Zealand are due in the next few days, but, on the other hand, the absence of shipments from Australia for the next month, owing, inter alia, to allocations for fruit, is likely to aggravate the conditions, though supplies will be arriving from Ireland, and possibly France. Official prices for Australian and New Zealand butter to-day were respectively 170 s and 180 s per cwt., wholesale, which is a further all-round increase.