BUTTER AND CHEESE

Evening Post, Volume CXXI, Issue 146, 22 June 1936, Page 12

BUTTER AND CHEESE

QUIET MARKETS United Tress Association—lty Electric Telegraph- CoiiyrU'.nt LONDON, June 20. The butter market has developed irregularly. Many traders feel the weakness has been overdone as the market seems sound enough. There has been little activity in the ' forward market. i The New Zealand Producers' Co- • | operative Marketing Association'sj weekly cabled market report from I London, dated June ID, is as follows:—! Butter: Market quiet. New Zealand, I 106s to 107s: Danish. 112s to 113s. Cheese: Market quiet. New Zealand, I white and coloured. 59s to 59s 6d. A. H. Turnbull and Co., Ltd., have received the following cable from W. Weddel and Co., Ltd., dated London, June 19: —Markets quiet, with no demand. Butter: Danish, 114s per cwt; New Zealand finest. 106s; Kangaroo finest, 105s. Cheese: New Zealand, white and coloured, 595. . WOOL SITUATION AUSTRALIAN CLIP !!y Telegraph—Press Assn —Copyntrht.i LONDON. June 20. The wool trade welcomes the Commonwealth estimate of a 3,000,000-bale clip, for, despite the politico-economic troubles in Europe, the demand is well able to lift- such quantities. If Italy and Germany return to the market the i clearances will be even brisker. Traders hope that an Empire wool I publicity campaign, to operate during • Iho will nrnvo an imnnrtnnf 1

; the season, will prove an important * ; factor in increasing the demand. i THE NEW CIJI'. At the annual conference of the Aus- . tralian Woolgrowers' Council and ; the National Council of Woolselling I Brokers of Australia held in Mel- , bourne recently, the clip produced in : the Commonwealth for the 1936-37 sea- ; son was estimated to total 3.036,000 . 1 bales. The following figures show the I Australian production for the past five , years:— 1 Season. Bales, i . 1931-32 3,051,000 1 1932-33 3,206,010 - 1933-34 3,043,106 5 1934-35 3,197,854 1935-30 2,930,000 3 The 1935-36 clip is an estimate. 2 It is expected that 2.760,000 bales a ! will be available for offering in the '• ! principal selling centres of the Com- - I monweallh. 1 1 The sales in Australia of this seaf; | son'o clip to May 31 last, excluding ! carry-over wool, were 2,595,545 bales. 1 Of that quantity 2,510,682 bales were c catalogued wool and 84,863 bales skin r wools and other lines sold privately. r The total sales including carry-over 0 wool during the eleven months ended I c May 31 we're 2,655.008 bales, and ap-1 > £ proximately a further 160,000 bales are e available for offering by auction during this month. The difficulty is great of accurately estimating the Australian clip grown E- over a vast continent subject to vary- - ing seasonal conditions, id L n 3JUTTON AND LAMB 21" 1" CONSUMPTION IMPROVING nThe frozen lamb market in London I ■ is steadv and unchanged, according to the weekly cable received by the New Zealand Meat Producers' Board. More seasonable weather is improving con-, sumption. The demand for wethers is

good and prices for lightweights are better. Trade in ewes is slow. Frozen beef is nominal. Chilled beef is easier owing to increased supplies and warm weather. New Zealand porker pigs are firm, owing to short spot stocks. Baconers are firmer owing to temporary short supplies. ; The approximate average wholesale quotations for the week, with those | for the previous week in parentheses, 31 New Zealand sheep: Canterbury and North Island selected crossbred wethers and maiden ewes. 48lb and under 5d a lb (sd). 48-561b 4Jd (4 3-8 d). 57-G4lb 4 l-8d (4 l-8d), 65-721b 4d (4cl); North Island, 48-561b 4Jd (4 3-8 d), 57-641b 4 l-8d (4 l-8d) G5-721b 4d (4d); ewes. 481b and under 4 l-8d (4 l-8d), 48-641b 3 o-8d (3 5-8 d), 05-721b 3£d (3Jd). , New Zeai land lambs: Canterbury, 361b and under 7Jd (7}d), 37-421b 63d (6ijd), 43-501b 0 ' 3-8 d (G 3-8 d); second quality, average • about 311b, 7d (7d). -Other South Island, 361b and under 7}d (7.} d), 07-42 i lb 6:? d (6Jd), 43-501b 6 3-8 d (6 3-8 d); North Island downs. 361b and under 7id (7id), 37-421b 6;fd (63d), 43-501b I 6 3-8 d ("6 3-8 d); second quality, average about 301b, <7sd); North Island. ■ first quality, 361b and under 7 l-8d (7 I l-8d), 37-421 b 6 5-8 d (6 5-8 d): second I quality, average about 311b, (6jd). Australian lambs: Victorian. first qualitv. 361b and under 6sd (6id), lb 6 l-8d (C(d). Argentine lambs: First quality, 361b and under 6 3-8 d (6 3-8 d), 37-421b 6d (6d). New Zealand frozen I beef: Ox hinds, 145-2101b, 4d (4d): ox fores. H5-2101b, 3d (3d). New Zealand chilled beef; Ox hinds. 145-21011), 4 5-Bcl 1 <sd); fores. 145-2101b, 2.? d (3d). Argen- " i tine chilled beef: Ox. hinds, 145-2101b, (6'd); fores. 145-2101b. 3 l-8d (3Jd). 1 Uruguayan chilled beef: Ox. hinds, ' 145-2101b. 5 3-8 d <5Jd); fores. 140-2101b, 1 3d (3 l-8d). Brazilian chilled beef: !> Ox hinds. 145-2101b, 4?d (5.', d) Aus- ' tralian frozen beef: Ox. hinds. 140-210 lb 4d (4d); crops, weights correspondine 3 l-8d (3 l-8d). Australian chilled beef: Ox, hinds, 145-2101b, 4Jd (5Jd): crops, weights corresponding. 2 7-8 d U l-8d). Union of South Africa chilled e beef: Ox, hinds, 145-2101b, 5d <sid); J fores. 145-2101b. 3d (2Jd). Southern y Rhodesian chilled beef: Ox. hindsu 145i 2101b. 4 3-8 d(4 5-fld); fores, 340-2101b. 2 5-8 d (2 7-8 d). New Zealand worker '■ nigs: First duality. 68-801 b 5Jd (•> 5-8 d). 1. 81-lOOlb 5 5-8 d (5Jd). 101-1201b 53d ?, (5Jd). Npw Zealand prime baconer f louifiniK Gd (5 7-8 d).

pigs: li-i-Jquid, oa i-ou.;. THE HIDE MARKET 7 Weddel and Co., London. May 14, [ reported that from day to day the hide , market has been showing an unsettled j tendency but always rather on the : easy side. Miscellaneous ana Colonial varieties have been marked down. ( Australians in particular arc selling ; at 53d for D/S Queensland meats, , 20-301b, compared with about 4q more j when the previous report was issued; , 25-351b are held for 5 7-Bd. New Zea- ; land freezer cows have been sold tor SJd and abattoirs are nominally at Cape selections are on the whole too dear for buyers, and are not selling without difficulty. The market remains exceptionally _fn m considering the unsettled state of the hide market, and in no case has an ' important concession in price been 1 made bv sellers. Good class heavy weight bends, being scarce, are very , firm. Offal is also selling at satisfactory figures, especially shoulders. 1 Upper leather, although rather quieter, 1 continues to hold a steady position, the special interest displayed being for | suedes. , SLOW APPLE MARKET ] 'By Telegraph—Press Assn. Copyright.* ! LONDON, June 20. l- The fruit market is depressed, but I as most coloured fruit is in an ad- - vanced condition it is essential to sell it immediately at whatever prices are 0f Apples are slow and easier. New Zealand, ex Maimoa, Granny Smiths 1 8s Cd to lis 9d a case, Jonathans ,;s ; to 6s; Australian Granny Smiths bs s to 10s 3d a case. Jonathans 5s to 7s 6d, ; Cleopatras Cs to 7s 6d. if pears.—New Zealand, ex Rangitane, - Nelis 9s to lis 6d a case; Australian, t \ Nclis lis to 12s 3d a case; Coles, 10s 9d to 12s.