BUTTER PRICES

Hawera Star, Volume XLVIII, 29 September 1924, Page 5

BUTTER PRICES

SATISFACTORY OUTLOOK

BY CABLE—PRESS ASSOCIATION—COPYRIGHT

Received Sept. 29, 11.35 a.m. LONDON, Sept. .27. Butter prices continue -to advance, and with Germany still buying large quantities of Danish, Dutch, Estlionian and Siberian, a further rise would not he surprising. The advance is chiefly in the finest descriptions, whereof the supply at present is exceedingly limited. No increase in quantity is expected before December.' The only bearish feature of the market is the. huge quantity of butter stored in the United States, estimated on September 1 at over 156,000,000 lbs, of which 53,000,000 is above the quantity on September 1, 1923, so that the United States is unlikely to reauire any great quantity Danish and New Zealand butters for Hie next five months, which means that Britain will get a larger quantity of both.—Aus.-N.Z. C'abel Assn.

BUTTER AND CHEESE

LATE: QUOTATIONS.

Messrs Geo. H. Buekeridge, representing Messrs Henry A. Lane and Co., reports having received tfie following cablegram from London, dated September 27: —“New Zealand Butter: 218 s to 220 s per cwt. Market firm. New Zealand cheese: 94s to 965. Market improving.”