MARKET SLOW

Evening Post, Volume CXX, Issue 132, 30 November 1935, Page 7

MARKET SLOW

N.Z. BUTTER IN LONDON

The market for New Zealand butter in London is slow, according to the weekly cabled report.received today by the Dairy Board, and wholesale prices show a drop of 6"s a cwt for the week. Retail prices remain unchanged. The cheese market is quiet; with prices slightly higher than last

Wholesale quotations for butter are—New Zealand, salted, 97s to 98s, and UP to 100s a cwt for extra quality (which equals approximately 11.44 d a lb, f.0.b.), compared with 103s to 104s lastjweek and 72s to 73s at the corresponding period last year; unsalted. 108s to 110s; Australian, 96s to 88s; Danish, spot, 124s to 1255. Wholesale quotations for cheese are: —New Zealand, white, 53s 6d a cwt (which equals 5.84 d a lb, f.0.b.), compared with 52s 6d to 53s last week and 47s at the corresponding period last year; coloured, 55s to ,565; Australian. 50s to 525; Canadian, white, 56s to 58s; coloured, 56s to 60s.

Joseph Nathan and Co., Ltd., have received from Trengrouse and Nathan, Ltd., London, the following cabled advice, dated November 29:— New Zealand butter, 96s to 97s per cwt: market weak. New Zealand cheese, white, depressed to 52s 6d; market very I quiet

A. S. Paterson and Co., Ltd., advise having received today cable advice from J. and J. Lonsdale and Co. (London), Ltd., as follows:—Butter market weak. New Zealand, 97s to 98s a cwt: Australian, 975. Cheese market easier. New Zealand, white 53s a cwt, coloured 555; Australian, white 50s, coloured 525.

A. H. Turnbull and Co., Ltd., have received the following cable from their principals, W. Weddel and Co., Ltd., dated London, November 29:— No interest in forward purchases. Butter market dull. Danish, 124s a cwt; New Zealand finest, 965; Australian finest 955. Cheese: Market quiet. New Zealand .white, 53s a cwt; coloured, 551.