COMMERCIAL

Hawera Star, Volume XLIX, 21 January 1930, Page 9

COMMERCIAL

LONDON MARKET.

PRODUCE BOARD REVIEW 7

The Nsw Zealand Dairy Produce Board has received the following market report from its London office, dated January 17:

The butter* market 'is steady at slightly higher prices than those ruling earlier in the week. The retail price of New Zealand butter lias been reduced to Is 7d per lb, and that of Danish to Is Bd. The market for New Zealand clieese is steady, with retail prices at lid to Is per lb. Wholesale quotations, with those for the previous' week in parentheses, are as follow: BUTTER. New Zealand.—Salted, 1525,' 156 s (1545, 158 s; Jan. 18, 1929, 184 s, 186 s); unsalted, 168 s, 176 s (1745, 1765; Jan. 18, 1929, .190 s, 1965, 155 s equals approximately Is 3d f.0.b.; first whey, 148 s (148 s); second whey, 146 s (1445). Australian. —Salted, 148 s. 152-s (150 s, 1545); unsalted, 1545, 158 s (1565, 158s)-. Argentine.—Unsalted. 150 s, 152 s (150 s. 1525). Danish. —162 s f.0.b.. 1695, 172 s spot (161;s, 16Ss, 170 s). Dutch.—Unsalted, 170 s, 1725; market slow.

Polish. —140 s, 146 s (140 s, 14Gs) CHEESE.

New Zealand.—White, 85s, 87s (86s, 87s; Jan. 19 1929, 935, 945); colour-' ed, 83s, 84s (83s, 84s; Jan. 18, 1929, 955, 975) 83s, 87s equals approximately 73d f.o.b. Canadian. —White and coloured, 965, 98s ; market quiet. English.—Finest farmers. 110 s, 116 s ; extra quality, 120 s. The Rangitiki ustarted discharging her butter and cheese on January 10. The Port Hunter completed the unloading of her cheese on January 13. Deliveries of New Zealand butter during the week were 1633 tons, the total quantity in store being 3870 tons, as against 3450 tons a year ago. Deliveries of New Zealand cheese for the week were 29,349 crates, the total in store being 45,679 crates, as against 52,00 crates a year ago. Deliveries of Canadian cheese for the week were 6400 boxes, the total in store being 160,500 boxes.

FROZEN AIEAT TRADE. Lamb.—Alarket very firm owing to small arrivals, but trade rather Slow. Aluitton market: Demand is good for both wethers and ewes; stocks short; market firm. Beef market; Firm, with good demand. New Zealand porker jigs: Ready sales all arrivals at present prices. New Zealand baconer pigs: Good inquiry for small quantities available.

The above report was received on Saturday morning by the* New Zealand Meat- Producers’ Board from its Lond'on office, which, advises that Smithfield delivered prices averaged as follows for the week ended January 17. Prices for the previous week are m parentheses:— New Zealand wethers and maidens: Canterbury quality, selected brands, •56!*b and under, 7|d (7)d 7d); 571 b to 641 b, 7d (6Jd, 6£d); 651 b to 721 b, 6fd (6)d, 6-gd). Other brands, 561 b and under. 7jd; 571 - to 641 b, 7d; 651'b to 721 b. 6|d.

New Zealand ewes : 6413 and under, 3)cl (sid. 4fd>. ■ New Zealand lambs,: Canterbury quality (old season’s),-361 b and under, not quoted) (9d), 371 b to 421 b, not quot'd (Hfclj: 431 bto 591 b, not quoted ; seconds, not quoted. Selected brands (new season’s): 361 b and under lid (10Jd). lO^d); 371 bto 421 b, not quoted; other brands, first quality (new searson’s), 361 b and under lOfdi (101 d, 10. UL • 371 b to 421 b. not quoted. Second quality. 301 b, to 321 b average 93 d (9.Vd, 10di). Australian lambs (new season’s): Victorian. first quality, 361 b and under, M (BAd. 8-2 d); 371 b to 421 b, 9cl (Bkl. 8 2d). Argentine lambs (new season’s) • First quality, 361 b and under, 8d (72c1, -Id); 371 bto 421 b, 8d (?3d) ; 371,b to 421 b. 8d (73d, 7kl). Now Zealand beef: Ox fores 4|d (43d, 4d). binds 63-d (63d,, 6gd); cow, fores and hinds, not quoted. Argentine chilled beef: Ox foies s)d togd. 42d), binds 7-)d (72-ch. 71rl). Australian frozen beef; Ox. crops over 1001 h, 5d tod,, sd) ; hinds, over 1691 b. Old (6£d. 6-2 d). . New Zealand) frozen work; Porkers, 001 b to. 80!b. lid flld, TO-ld); 811 b*o 99ib. 1 Old (10)d. 1 Old) : 1001 bto 1201 b. lOd (lOd. 10d,)„; baccncrs, 1211 b to 189 ’h: 9Jd (9d, not minted). Frozen veal; Not quoted.