DAIRY PRODUCE

Dominion, Volume 27, Issue 59, 2 December 1933, Page 10

DAIRY PRODUCE

Butter Prices Steadier CHEESE MARKET QUIET By Telegraph—Press Assn. Copyright London, November 30. The butter market is steady at the lower level. Daniwh, 112/- per cwt; choicest salted New Zealand, <2/- to <o/-; Aus7l/. to 72/-. Unsalted butter is very scarce. Australian, 94/- to 96/- per cwt; New Zealand, none offering. The cheese market is dull. New Zealand, white 49/- per cwt; coloured 4i/-; Australian. 47/6 to 45/6. Joseph Nathan and Co., Ltd., have received from their principals, Trengrouse and Nathan Ltd., London, the following cabled advice, dated November 30:—New Zealand butter: 72/- per cwt. \ ery quiet New Zealand cheese: Nominal, white 50/- per cwt, coloured 49/-. . A. S. Paterson and Co., Ltd., advise having received cabled advice from J. and J. Lonsdale and Co. (London), Ltd., .is follows:—Butter: Market easier after temporary advance. Danish, 111/- landed. New Zealand. 71/- to 72/-. Australian, 71/- to 72/-. Cheese: White steady at 49/- to 50/-; coloured slow at 46/- ‘to 47/-. Cabled advice received by Mr. G. A. Mills from A. J. Mills and Co.. Ltd., London, gives the following market prices as ruling at the close of business on Thursday:—Butter: The market is steady. New Zealand finest, 72/- to 73/-; New Zealand firsts, 71/- to 72/-. Danish, 110/- t0.112/-; Danish f.0.b.. 90/-. Australian, 70/-to 72/-. Siberian, 68/- to 70/-. Cheese: The market is quiet. New Zealand. white, 48/- to 49/-; coloured, 46/to 47/-. Samuel Page and Son, London, report to Dalgety and Co., Ltd., under date November 30:—Butter: Market quiet at the advance. Danish, < 112/- to 116/(116/- to 118/-) : New Zealand finest salted, 71/- to 74/- (77/- to SO/-). Australian finest unsalted. 94/- to 98/- (102/to 106/-) ; finest salted. 70/- to 73/(76/- to 80/-). Australian G.A.Q.. 68/to 70/- (72/- to 74/-). Cheese: Market firm. New Zealand white, 48/- to 50/(47/- to 48/-) : New Zealand coloured, 47/- to 48/- (46/- to 48/-). Spot price for Canadian white. 48/- to r>2/- (48/to 52/-) : coloured. 48/- to 52/- (48/- to 52/-). Last week’s quotations shown in parentheses. Export Advances Lower Advances made by exporters to. dairy factories as from December 1 are (d. per lb. on butter and 4d. on cheese. For November the advances were 9d. on butter and 4d. on cheese. N.Z. Butter for Jamaica By Telegraph.—Press Association. Paliiatua. December .1. The Konini Dairy Company has sold a large consignment of butter to Jamaica at considerably above the London parity. The same company sent several shipments to Jamaica last year. FROZEN MEAT TRADE Wethers and Ewes Firmer M A. Eliott. Ltd., Palmerston North, have received the following cabled advice from Gordon. Woodroffe and Co,, Ltd., London, dated Thursday :—Lamb prices nominal pending new season s arrivals. Wethers, par to l-8d higher; ewes, 1-bd to Id higher. . . . Smithfield “delivered” prices were quoted as follow:—Best North Island wethers and/or maiden ewes, 641 b to i-10, over 721 b, 3 7-8(1. Ordinary North Island wethers and/or maiden ewes. 481 b to sGlb, 561 b to 641 b, 4 5-8<I: 641 b to 721 b, over 721 b, 3 7-8(1. North Island ewes, under 641 b, 3 5-86; 641 b to 721 b, over 721 b, 3 1-Bd. POULTRY MARKET Wellington Prices Current Prices of live poultry ruling in the Wellington markets this week are quoted by Townsend and Paul. Ltd., as follow:-— Fowls: White Leghorns, hens 1/0 to 2/6 each, cockerels 1/9 to 2/9, pullets 3/- to 4/-. Black Orpingtons, hens, heavy, 3/6 to 4/6, hens, medium, 2/6 to o/-; cockerels, heavy, 3/6 to 4/-; cockerels, medium, 2/- to 2/6. Ducks: Indian Runner, young, 3/- to 3/6 each: old, 2/3 to 2/6; White, heavy, 3/9 to 4/3. Geese, 4/- to 5/- each. Turkeys (wanted), 1/- to 1/2 a lb. SYDNEY STOCK EXCHANGE Commonwealth Loans in Demand By Telegraph.—Press Assn.— Copyright (Received December 1, 9.45 p.m.) Sydney, December 1. Investment, business on the Stock Exchange to-day was quiet, but the undertone of the market is strong. Commonwealth loans were in request at advances. Sales: Commercial Bank of Sydney, £l7/10/-: Bank of New South Wales, £32 7/6: New Zealand Insurance, 57/-; Australian Gas. A, £7/9/-; Burns, Philp. 53/3; iHuddart, Parker. 32/6; Associated News, 20/9; ditto, preference, 20/3: Tooheys, 23/6; Tooths. 41/6; Colonial Sugar. £6l/17/6; Dalgetys, £lO/5/-; Goldsbrough Mort, 31/6; Dunlap, Perdriau. 19/41; Wileox, Mofflin, 11/2; British Tobacco. 36/101; Broken Hill Proprietary, 39/4 J ; Broken Hill South. 63/6 ; Bulolo. £5/10/-: New Guinea Goldfields, 6/3. Commonwealth Bonds. 4 per cent.. 1938. £lO4/11/3; 1911. £lO3/7/6; 1944. £lO4/2/6: 1947. £lO4/10/-; 1950. £105: 1953 £lO5/6/3; 1955. £lO5/17/6; 1957. £lO4/7/6: 1959. £lO4/17/6: 1961. £lO5 5/Morning sales included: —Commonwealth Bonds. 4 per cent.. 1938, £lO4/8/9: 1941, £lO3/5/-; 1959. £105; 1961, £lO5 7/6 ; Tooths. 41 /3 : Tooheys. 23/14 ; Associated News. 20/10J: pref., do.. 20/3: Dunlop, Perdriati. pref.. 34/9: Goldshrongh Mort. 31 /G. Melbourne. December 1. Sales on the Melbourne Stock Exchange to-day included : —Goldsbrmigh Mort. 31/6; TO'r.'ild. "Weekly Tinies. 47/9; Broken Tlill Proprietary. 39/14; Zinc Corporation. 34/9: Taranaki Oil. 2/24. BASE METALS MARKET Little Change in Prices Bv Telegraph.—Press Assn. —copyright (Received December 1. 9.45 p.m.) London, November 3(1 The official London (middle) quotations for Thursday, as reported by the Australian Mines and Metals Association? compare as under witli those previously ealiled:— .... .. .... Nov. 29. Nov. 30.

1’er ton. Per ton. Copper--Stan (lard, spot ... E s d 29 0 7 A £ s d •21) 11 nn Standard. forward •211 15 7* ■211 It 4 J •Eleidrolytie 3’2 15 0 32 10 0 1 1 1 15 o 32 15 U W i re ba rs 33 15 0 33 5 0 Lead- , n n 3 11 8 11 Spot 11 17) 9 11 13 0 Spelter— 11 15 0 I f Id 3 15 0 0 15 0 0 Tin -- 229 11 3 225 13 9 Forward ........ 225 13 9 225 115 3 SI.-.i!:’:’. ■ '1 |H’r (•/, . IS 5-1 lid IS 3-S(i HIM 19 S-JU'.I t American. 5? 75 cents a lb. ♦American. 8.2a cents a lb,