SALE OF DAIRY EXPORTS

Press, Volume XCIII, Issue 27985, 4 June 1956, Page 14

SALE OF DAIRY EXPORTS

VALUE OF N.Z. AGENCY

IN BRITAIN (New Zealand Press Association) AUCKLAND, June 3. Recent experiences had demonstrated forcefully the great value to New Zealand of the commission’s ownership in the United Kingdom of Empire Dairies, said Mr W. Marshall, chairman of the New Zealand Dairy Products Marketing Commission, on his return to Auckland by air after seven weeks’ absence from New Zealand. Ownership of the firm afforded contact with the trade and a “feel” of the market which the commission could not otherwise hope to obtain so quickly or to the same degree, said Mr Marshall. Through Empire Dairies, it had been possible to expand considerably sales of New Zealand “Anchor” brand butter in retail wraps, he said. Good progress was also being made with the sale in the United Kingdom of New Zealand butter in the “Fernleaf” wrap. These were now running at the rate of about 6000 tons a year. Mr Marshall devoted most of his time overseas to marketing affairs in the United Kingdom. He also had discussions with Government and commercial agencies in the United States. India. Singapore, and Australia. Mr Marshall said the butter market in Britain had shown an unusually rapid movement in recent weeks. The cheese market was in a healthy condition. The price rise that had taken place last week was an indication of its strength—it had occurred at a time when home production was nearing its peak.

LONDON WOOL SALE

LITTLE CHANGE IN MARKET

(N.Z. Press Association—Copyright)

(Rec. 8 p.m.) LONDON, June 2. The market showed little change when the London wool sales were resumed yesterday in spite of the rather scrappy nature of the offering. This is reported by the Committee of London Woolbrokers and the London Agency of the New Zealand Wool Commission. New Zealand was represented by 5869 bales out of a full selection of 7944 bales. The main strength of the market again lay in the demand for Australian and South African wools. Prices for Merinos from both countries were fully firm and endorsed the advance reported on Wednesday. Victorian comebacks also sold strongly. New Zealand wools met a quieter response. The selection available in the grease was less than 1300 bales and was generally undistinguished. Prices showed no quotable change, but it was noticeable that average styles sold only slowly. The same comment applies to competition for scoured crossbreds, of which nearly 1200 bales were available, consisting mostly of offsorts from Hawke’s Bay clips, together with a few Invercargill wools.

More than half the New Zealand offering again comprised slipes, of which nearly 3400 bales were catalogued, but this was still a weak section of the market. The selection included a slightly greater proportion of better styles than was available on Wednesday, for which there was fair competition although prices were barely maintained; but the demand for the general run of wools remained indifferent so that irregularities were still apparent and withdrawals rather frequent.