DAIRY PRODUCE.

Auckland Star, Volume LXIV, Issue 84, 10 April 1933, Page 4

DAIRY PRODUCE.

LONDON MARKET VALUES. THE BOARD'S REPORT. The New Zealand Dairy Produce Board has received the following market report frcrn its London office, dated April 7: — New Zealand Butter. 7/4/33. Last week. Last year. Salted .. . 65/, 68/ 67/, 60/ 108/, 110/ Unsalted . 65/, 70/ CB/, 72/ 114/, 116/ Ist whey. 62/ — — 2nd whey. 60/ — -rTons. Tons. Tons. Deliveries ... 1080 1879 1800 In store S2OO 5800 6050' Australian: Salted, 62/ to 65/; unsalted, 63/ to 66/. Deliveries: Australian, 2123 tons; in store, 5109 tons. Market steadier at end of week. Argentine: Unsalted, 64/ to 68/. Danish: 69/ f.0.b., 90/ to 91/ spot. Dutch: Unsalted, 88/ to 92/. Lithuanian: Unsalted, 64/ to 60/. Market quiet. Danish retail price reduced to lid, New Zealand to 9d. Empire Marketing Board's estimated stocks of all butters, 892,650 boxes (last year, 447,712 boxes). New Zealand Cheese. _ , 7/4/33. Last week. Last year. White ... 37/, 39/ 40/ 63/ Coloured . 44/, 46/ 47/, 48/ 64/ Crates. Crates. Crates. Deliveries . . 23,000 20,000 33,136 In store 99,500 89,500 56.000 Market steadier at end of week. Retail price, 6d. Australian: White, 36/ to 37/; coloured, 43/ to 44/. Canadian: White, 60/ to 68/; coloured, 66/ to 68/. Deliveries: Canadian, 2900 boxes; in store, Canadian, 86,000 boxes. English finest farmers', 84/ to 102/. Market quiet. The board has also received the following advice from its agents in Canada:— Butter: New York, 19 cents; Montreal, 25 cents. BLAME FOR LOWER PRICES. IMPORTERS INDIGNANT. LONDON, April S. Dairy produce importers and merchants in England are indignant about cablegrams received from the New Zealand Dairy Board attributing the slump in butter prices to their actions. The Importers' Association officially challenges the statement. It asserts that nothing could possibly have been done here to cope with the huge supplies, which exceed all possible consumption demand. It is stated in London that the New Zealand board had all the necessary data to forecast the present crisis at least two months ago. Some importers expect a war of attrition, which will last for years.