DAIRY PRODUCE

Press, Volume LXX, Issue 21319, 12 November 1934, Page 13

DAIRY PRODUCE

LONDON PRICES The New Zealand Dairy Produce Board has received the following market report from its London office, datecl November 9: —■ Butter New Zealand salted. 76s to 775, ex 78s (71s to 73s last week), equals approximately 8.77 d f.o.b. Unsalted, 76s to SOs (76s to 78s). Australian salted, 75s to 765, ex 77s (71s to 735). Unsalted, 76s to 77s (72s to 735. Market quiet, after active demand earlier in the week. Danish, 103s, f.0.b.: 124s spot (steady) (103s, 1245). Dutch unsalted, SOs to 90s <76s to 82s). Estonian unsalted, 7(is to 80s. Latvian salted and unsalted, 70s to 74s (68s to 70s). Siberian sailed, 73s to 74s (66s to 675). Polish salted, 68s to 70s. Ukrainian salted, 72s (65s to 665). Market quiet. Retail prices unchanged. Danish Is 2d, New Zealand 9d.

Cheese New Zealand white, 54s to 54s 6d (5.93 d, f.0.b.) (53s 6d to 545); coloured 53s to 54s (j.B7d, f.0.b.). Market quiet at end of week. Canadian white, 54s to 55s (52s 1o 545); old season's 68s to 70s (62s to 68s). Coloured, 54s to 565; old season's 62s (625); c.i.f,, white, 53s (50s to 525). English finest farmers, 82s to 88s. Cheese market steady. New Zealand retail price unchanged. 7d. The Board has also received the following advice from its agents in Canada:—Butter, New York, 29 cents; Montreal. 19). cents. The minimum f.o.b. prices for the period from November 10 until further notice are:—Butter B:Jd, less 1& per cent, commission (72s 2d, c.i.f.e.); cheese, s£d, less li per cent, commission (455, c.i.f.e.). Urokcrs' Reports A. S. Pa lor son and Company have received the following cable advice from their London principals, Messrs J. and J. Lonsdale and Company (London), Ltd.:— Butte)': Market quieter, under influence of lower Danish, owing to uncertain German requirements. Danish, 103s, f.0.b.; New .Zealand, 775: Australian, 765. Cheese—Market dull. White cheese, 545; coloured cheees, 535. The National Mortgage and Agency Company of New Zealand, Ltd., advise having received the following cable message from their principals, Messrs A. J. Mills and Company, Ltd.: Butter market is iirm. Finest, 77s to 78s; firsts, 75s to 765; Danish, 1245; Australian, 765; f.0.b., 104s. Cheese market is quiet. White, 54s to 54s 6d; coloured, 53s to 53s 6d; Canadian, 53s to 545. Dalgcty and Company have received Ihe following cable message from Samuel Page and Son, Ltd., dated November 8: — Butter: Market slightly easier. Danish, 1245; 'llllO3l New Zealand, 76s to 775; finest Australian unsalted, 76s to 78s; salted, 75s to 765; g.a.q., 73s to 745. Cheese: Market firm, but less active. Quotations: New Zealand white, 555, and coloured, 545. Canadian spot white mid coloured, 52s to 545.

FOREIGN EXCHANGES •J;1 -. 111 -- j i OKl'in.u. '.vuiui.L'.s-iO Ui:<il:Y. Novciui.ci- '.). I'iir. Nov. H. Nov. !). fan,, fr. m .vi 121.21 7i; 1-22 75 20-02 Now V.o-k, dnl. to VI -I.hot. .-,.110'. -I.DSJ Menlrest, (In!. to .VI .I.SOi I.ms 4.57 Brussels. i..-t™:-s to .> 1 :;;, -M.tr, 21.00 Geneva, fr. I» vi 25.2215 1 ."■.•:; 1; 15.02 \!i!Mci'(l:,m. 11. '.. .' 1 I'_'. 107 7.-1"' 7.07} Milan, lire l„ 1 1 02. ii; .j* 7-02 5-; Berlin. < r i« !,- mark.oi to .'.I . . L'o. 1:; J -J. 1 l.\ 12.-10 Stockholm, kr. i<» .vi 38.lot) 10.00?, lo.ooi Cojumi Illl^Oll, kr. fo .VI ]B.I.VJ 112.-10 22.10 Oklo., kr. to n J s.i r,'j lo.ooi IO.OOi Vienna, schL-s. in ii :u.555 210; no 3 Prague, kr. to .VI 101.25 1 111' JIOJ HelsiiiL'fors, marks to .VI 100.23 220?. 22GJ Madrid, peso.(lis lo .VI 25.2215 OU7IG 3G 7-32 Lisbon, cscudos lo XI 110 110J JIOJ Alliens, drarh to .vi 875 520 &2:j Bucharest, lei l» .it SI 8.0 105 500 Belgrade. dinars 25.2215 2 1.0 22.0 Kio do J a in l i io pence to milreis .. 4.502 -li -IJ Bnnios Aires, pence lodol. 45.577 :itii 00 1 . Montevideo. pence lo doi. o7 :;■> 20,1 Bum hi. y. ponro to rupee 111 IS .1-10 IS I-.IG Sliaiißliai, pence to d,.1. Hi Jfi 1-1G llmiir Km.::. pence lo do!. It) 'JIG IHII-1G Yokohama, pence |o yen. 2 1..",7 .11 110 M l-;;2 Warsaw, par zlolys to ,vt .i:;.::g 20.50 Batavia, guilders 12.107 7.00 ' Oetormiuod hy pricu of silver. EXCHANGE RATES The. Bank of New South Wales, Christ.church, (pioted I lie following rates on Saturday lor sales and purchases of foreign isch,'iu;;o. The rales are suhjocl to alterations without notice: I'll j ins. Sullins. Franco—francs to VI N.Z. T.T. 01.11 00.14 O.l>. (ij.7,1 00.10 Noumea francs lo.Vl X.Z. T.T. 02.20 50.00 O.L). 02.70 00.1 1 Papeete—francs to VI N.Z. T.T. 02.20 50.00 O.I). 02.70 50.11 Belgium-Uol-as to .VI N.Z. T.T. 17.520 10.800 O.l). 1.7.000 .10.818 Lier li.v — KLiclimark.s t" >:t N.Z. T.T. -- !i.751 O.l). Italy Lire lo .VI N.Z. T.T. O.l). Swiuorlatnl francs t„ VI X.Z. T.T. 12.518 .12.1 IS O.l). 12.500 12.12S Holland florins to VI N.Z. T.T. 0.M.-.7 5.81)7 O.J). 0.107 s.hi I. Java - florins to .VI N.Z. T.T; 0.002 5.807 o.l>. 0.0.-2 5.51 L Japan N.Z. pence to yen T.T. O.D. Shanghai N.Z. pLOici.Moil.il. T.T. 10 10-02 20 2002 O.l). 10 15-02 20 27-02 India and <Vv !,,„-.- N.Z. pence to nip. T.T. O.l'. 22 502 22 0-1G llriio.- Imhi;--N.Z. pence lo do!. T.T. 2 1 0-10 25', O.L). 2 1 1-.1.G 25 0-1G Singapore— N.Z. penco to did. T.T. 2 1 7-10 05'J U.D. 01 5-10 05 5-10 0.0. represents en demand transactions. India and Ceylon— T.T. represents telegraphic, transfers.

WHEAT TRADING CHICAGO FUTURES (united press association—bt electbic teleohafh—copyright ) NEW YORK, November 10. Chicago futures are:— Nov. 7. Nov. 10. December .. 100 1 1005 May .. .. !)!)£■ 99| July .. 94 fc 93} New York (cash)