COMMERCIAL

Hawera Star, Volume L, 19 January 1931, Page 5

COMMERCIAL

DECREASE IN BUTTER EXPORTS. LARGE INCREASE IN CHEESE, Exports of butter last month were 10,443 tons, as against 10,834 tons in December, 1929, a decrease of 391 tons. For the live months of the season ended December the exports totalled 35,667 tons, as compared Avith 37,204 tons for the corresponding period of last season, a decrease of 1537 tons. Of the butter exported to the United Kingdom last month, the position at time of shipment Avas that 91 per cent. Avaw consigned and 9 per cent, sold f.0.b., as against 92 per cent, consigned and 8 per cent, sold £.o.b. in December, 1929. Details of shipments furnished by the Dairy Board for tlie five-monthly period afford the folloAving comparison:

Total 35,667 37,204 The fact that the stocks of butter held in store in Dominion grading ports at December 31 were 2394 tons more than a year ago doubtless explains tlie decrease m exports. It will be seen from the above table that the British market has absorbed the greater part of the butter formerly shipped to Canada. At the end of December, 1929, over 12,000 tons of butter had been shipped to Canada. Halifax shipments accounting for 10,185 tons and Vancouver 1904 tons. This season, to December 31, Canadian shipments total only 1354 tons, a decrease of 10,735 tons. On the other hand, shipments to Britain have been 33,673 tons, as against 24,490 tons a year ago, ail increase of 9183 tons. The exports include 2485 tons shipped to west coast ports of Britain as against 864 tons, an increase of 1621 tons. RAW MATERIALS MARKET. (United Press Association- By Electric Telegraph Copyright.! LONDON. Jan. 17. Fridav’s closing prices are: Cotton. —February delivery, 5.28 d Rubber.—Para s|d, plantation and smoked. 4 3-16 d. Jute.—January-Feb-ruary shipment, £ls 2s 6d. Hemp.—< Nominal unchanged. Copra.—February siiioment, South Sea £l4 7s 6d, plantation. R a haul £l4 12s 6d. Linseed oil, £lB. Turpentine, 35s 9d. TIN AND RUBBER. LOSSES SINGAPORE. Jan. 16. The tin and rubber industries .reflected the decline in the Malayan trade bv £51.000,000 in 1930. as compared with 1929.

1930 1929 Tons. Tons. London 31,188 23,626 West Coast U.K. ... 2.485 864 Vancouver 1,317 1,905 Halifax and Montreal 37 10,185 Honolulu 139 160 Other countries 235 279 Panama 26G 86