BUTTER STEADIER.
LATEST LONDON CABLES. GERMANY BUYING AGAIN. Cables received from London to-day indicate a better tone in the butter market due to Germany again entering the market. Prices of New Zealand have not advanced, but the demand is steadier. Cheese is firm. The weekly cable received by the Press Association from London is as follows: — Butter. —Danish, firm, 118/ to 120/; others steadier at lower level. Choicest salted New Zealand, 88/ to 00/; Australian, 86/ to 87/; unsalted, not quoted. Cheese is steady. New Zealand, coloured, 48/ per cwt; white, 49/; Australian, both 46/. Merchants' Cables. The following cables have been received by local merchants from their British principals:— -a. Messrs. A. S. Paterson (principals, Messrs. J. and J. Lonsdale and Co., London):—Butter: Market steadier, in sympathv with higher prices of Danish, owing to Germany buying. Danish, 98/, f.o.b. (119/ landed); New Zealand, finest salted, 89/; first grade, 82/; Australian, 85/ to 82/. Tendency of colonial easier. Cheese: Market firm on short stock. Nominal. White, 48/; coloured, 48/; Canada, 48/6, c.i.f.
Mr. M. O. Stewart (R. and W. Davidson, Glasgow):—Butter: New Zealand, salted, 83/ to 00/ per cwt; unsalted, 106/ to 114/. Market shade quieter. Cheese: White, 48/ per cwt; coloured, 47/ to 48/'. Market quiet, hut steady. Mr. L. McCartney (Messrs. Henry A. Lane and Co., London): —Butter: New Zealand, finest, SO/; first, 82/. Market steadier. Cheese: New Zealand, white and coloured, 4S/. Market advanced suddenly. Messrs. Joseph Nathan: —Butter: fiiest, 87/: first, 82/. Messrs. Da! get y and Company, Ltd. (London principals Messrs. Samuel Page and Son).- —Butter: The market is steadier. New Zealand, finest salted, 83/ to 83/; Danish, 116/ to 118/; Australian, finest unsalted, 102/ to 10G/; finest salted, 80/ to 87/; g.a.q., 76/ to 78/. Cheese: The market is steadier. New Zealand, white, 48/ to 49/; coloured, 47/ to 48/; Canadian, white, 50/ to 53/; coloured, 50/ to 53/. Large Quantities sold this week, butter at 82/, cheese at 45/.
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https://paperspast.natlib.govt.nz/newspapers/AS19331103.2.44.7
Bibliographic details
Auckland Star, Volume LXIV, Issue 259, 3 November 1933, Page 4
Word Count
326BUTTER STEADIER. Auckland Star, Volume LXIV, Issue 259, 3 November 1933, Page 4
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