PURCHASE RENEWED

Evening Post, Volume CXXX, Issue 16, 18 July 1940, Page 14

PURCHASE RENEWED

AUSTRALIAN DAIRY PRODUCTS

(By Telegraph—Press Association —Copyright.) (Received July 18, 4 a.m.) : SYDNEY, July 17. It is officially announced today that contracts with the British Government for the sale of the Australian surplus production of butter and cheese have been renewed at the same prices as the former contracts for these products. ______ The same prices free on board as former contracts, as above referred to, in sterling with the equivalent in Australian currency are as follows: — AUSTRALIAN PRODUCE. Sterling. Australian. Per cwt. Per cwt. Butter— Finest 109/9 137/2% ' First 108/6 135/7% Second 104/11 131/1% Third 102/- 127/6 Cheese — First 61/3 76/6% Second 59/3 74/0% Third 57/3 71/6% NEW ZEALAND PRODUCE. Sterling. Australian. Per cwt. Per cwt. ButterFinest 112/6 139/11 First 111/3 138/4% Second 107/6 133/8% Whey (1) 104/6 130/Whey (2) 100/6 125/Cheese — First 64/3 79/11 Second 62/3 77/5 New- Zealand undertook to supply to Great Britain under the purchase scheme 115,000 tons of butter and 84,000 tons of cheese. Australian estimates of the exportable surplus for 1940-41 are 110,000 tons of butter and 20,000 tons of cheese. • AUSTRALIAN SHARES FIRMER (By Telegraph—Press Association—Copyright.) SYDNEY, July 17. Industrial shares on the Sydney Stock Exchange today were a little firmer. Sales included :— £ s. d. Bank of New South Wales 24 13 0 Comm. Banking Co. of Sydney 17 0 0 Nat. Bank of Aust., £5 paid 5 5 6 Burns, Philp 2 9 6 Woolworths, Ltd 0 14 3 British Tobacco 2 4 6 Broken Hill Pty 2 1 6 General Industries 0 13 9 Mort's Dock 0 16 0 Hume Pipe 0 13 0 Arahura Gold 1 2 0 Loloma 1 2 4 Mount Lyell 1 4 10 Kuala Kampar 0 13 3 MELBOURNE, July 17. Sales on the Melbourne Stock Exchange today included: — • , £' s. d. Comm. Bank of Australia 0 13 0 Felt and/Textiles 0 14 0 British Tobacco 2 4 5 Myers Emporium 1 5 3 Loloma 1 2 6