STILL ADVANCING.

Auckland Star, Volume LXIV, Issue 188, 11 August 1933, Page 4

STILL ADVANCING.

BUTTER IN LONDON. NOW 88/ TO 90/. MARKET FIRM, GOOD DEMAND. The position of the dairy produce market is better, from the point of view of Dominion farmery, than has been the case for a considerable period. A definite | lii in nest! has been apparent in recent I weeks, and under steady buying pressure values have gradually advanced. Top quotations to-day range from 88/ to 90/, figures which have not been realised since November of last year. This year there Iwag'a steady drop until April, when bedrock was reached at 07/. The official weekly cable received by the Press Association from London reads as follow: — Butter is in good demand, choicest salted New Zealand, 89/ to 90/ per cwt; Australian, 88/ to 89/; unsalted the same. Danish 102/ to 104/. Cheese iii. firm. Now Zealand, white, -10/; coloured, 51/: Australian. 47/ 1 to 40/. ] MERCHANTS' CABLES. Cables received to-day by local produce dealers from their principals in Tooley Street. London, are as follow:— Messrs. A. J. l'aterson and Co. (principals. Messrs. .T. and -J. Lonsdale and Co., London).—Butter: Market firm, demand. Danish, 83/ f.0.b., 104/ landed; New Zealand, 88/ to 90/; Australian, 88/ to 80'. Cheese: Market steady, mere in quirv. White, 49 ; coloured, 31/ tc 51/6'. Mr. L. McCartney (Messrs. Henry A Lane and Co., London).—New Zealam cheese: White, 40/; coloured, 51/. Markel steady. New Zealand butter: 80/ Market steady at advance. Messrs. A. 11. Turnbull and Co. (prin cipals, Messrs. W. Weddel and Co., Ltd. London). —Butter: Danish, 100/ to 102/ New Zealand, SO/ to 88,'; Australian, 86, to 87,'. Cheese: New Zealand, white 40/; coloured, 51/. Both markets firm Messrs. Joseph Nathan (Messrs. Tren crouse and Nathan, London). —Butter 90/. Quieter at tills price. Cheese White, 49/; coloured, 57/. Quiet. Messrs. Dalgety and Company, Li mite' (London principals, Messrs. Samuel Pag and Soil): —Butter: The market is firn New Zealand, finest salted, at 87/ to 89/ Danish butter, 102/; Australian, fines unsalted 88/ to 90/, finest salted 86/ to 88/ g.a.q. 82/ to 84/. Cheese: The market i steady at present prices. New Zeulanc white 48/ to 40/, coloured 51/ to 52/; Can! dian, white 52/ to 55/, coloured 52/ to 53,