LONDON BUTTER MARKET.
IMPROVEMENT CONTINUES.
QUOTATIONS UP TO 168s.
The improvement in tho London butter market continues, quotations being 2s higher at 166s to 168s, according to advice received by Dalgely and Company, Ltd., under date London, May 6. Recent reports have indicated the firming of tho market and greater activity after a slack period when prices fell to 162s and 1645. The recovery is due to (lie sound statistical position, stocks in Britain and quantities afloat being reported as not heavy. Moreover, the continuance of cold, dry weather in Britain, Ireland and the Continent has checked production, tho output being considerably smaller than is usual in what should be one of the flush months of the season in the North Hemisphere.
Joseph Nathan, Ltd., has received tho following cablegram from its London house, Messrs. Trengrouse and Nathan: — Butter, 1675; market firm, but quiet.
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Bibliographic details
New Zealand Herald, Volume LXVI, Issue 20249, 8 May 1929, Page 10
Word Count
144LONDON BUTTER MARKET. New Zealand Herald, Volume LXVI, Issue 20249, 8 May 1929, Page 10
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