§ 60. Mr. Hurdasked the President of the Board of Trade what has been the effect of the measures taken by him in the summer to restore butter prices in response to the representations made by the New Zealand Government and milk producers in the United Kingdom.
§ Mr. Vaughan-MorganThe situation, which was critical for New Zealand last May when these measures were taken to assist her, has now much improved. I am circulating in the OFFICIAL REPORT a table of wholesale butter prices quoted by the London Provision Exchange which shows the extent to which prices have recovered from the exceptionally low levels ruling in May.
Following is the table:
— Butter Prices—Shillings per cwt. 22nt May, 1958 13th November 1958 New zealand finest 206 264 Australian choicest 205 263 Danish 221 348/352 Dutch No quotation 348 Polish 197 295/300 Home produced 2111 350