COMMERCIAL

Hawera Star, Volume L, 17 February 1931, Page 10

COMMERCIAL

DAIRY MARKETS ACTIVE.

BUTTEIR- FIRM AT 120 s TO 124 s

CHEESE, UP TO 55s TO 59s

Th© improvement in the London butter market continues, and prices nave advanced 8s a cut- during the week, Friday’s quotation being 12Qs- to 1245. The market is active and the outlook is promising, owing to the good demand and the favourable position ot stocks. Retail prices were unchanged last week, New Zealand at Is 3d and Danish at Is sd, but an advance will be made as from to-day The cheese market is described by the Dairy Board’s London office as active for New Zealand and quiet lor Canadian. Other reports state that the market is active and advancing, with a good demand. New Zealand white is quoted at 55s to 58s, and coloured at 56s to 58s, with up to 60s being paid for some lines. The above prices represent an advance of up to 5s a owt, on the week. The retail price of New Zealand cheese in London is unchanged at 9d a lb. The Dairy Board’s London office gives Friday’s prices as follow, those for the previous week being shown in parentheses): BUTTER. New Zealand, salted, 120 s to 124 s (114 s to HGs; February 14, 1930, loOs to 1525): unsalted, 124 s to 1.28 s (116 s to 120 s: February 14, 1930, 164 s to 1725); first whey/ 118 s (108 s); second whey, 116 s (106 s). Australian, salted and unsalted, 118 s to 122 s (Ills to 113 s; 112 s to 114 s). Argentine, unsa.lted, 116 s to 120 s (110 s to 114 s). Danish, 150 s. f.0.-b.; 152 sto 158 s, spot (1365; 1425). Dutch, unsalted, 150 s to 152 s (150 s to 1525). Polish, Ills (108 s). CHEESE. New Zealand, white, 55s to' 58s (51s 53s to 545) ; February 14, 1930, 90s); coloured, 56s to 58s, ex 59s (51s, 53s to 545; February 14 ,1930, 88s to 89s). Canadian, white and coloured, 74s to 78s (70s, 765, to 78s). English finest farmers, 100 s to 106 s (100 s to 106 s). DELIVERIES AND STOCKS. The Empire Marketing Board’s estimate of stocks of all butters as at February 7 was 280,514 boxes, which compared with previous dates as follow:

Deliveries of New Zealand butter for the week were 2350 tons, as compared with 1179 tons a year ago. The quantity in store excluding 22.500 boxes ex Turakina, is 40-50 tons as compared with 5088 tons a year ago. Deliveries of New Zealand cheese for the week were 29,000 crates, as against 16,936 crates a year ago. The quantity in store, including 7000 crates ex Karamea and 7000 crates ox Rlemuera, is 96,000 crates as compared with 50.189 crates a year ago.

FROZEN MEAT WEAK. MA RKFT S OVERT OADE'D. MUTTON HARD TO SELL. Lamb market: Prices easier owing to heavier supplies and continued selling pressure of Australian and South i American lamb. Despite cold weather consumption good for time of year. | Mutton market: Wethers easier. AI ■ though prices very low, demand is only j poor. Cheap South American lamb is j still filling mutton domand. Ewes: Market is dull and sales are difficult to ! make. Frozen Beef: Market is deI pressed owing to extremely low prices .of Argentine chilled beef. New Zeai land porker pigs: Market is overloadj cd with frozen porlc, but demand lias improved slightly' with lower prices. New Zealand baeoner pigs: Nominal prices. -Sales are difficult to make owing to low prices Continental bacon. The above report was received on Saturday by the New Zealand Meat Producers’ Board from its London office, which advises that the following are the approximate average prices realised for the week ended February 13, based on actual transactions of! wholesale quantities of the descriptions of meat mentioned, and are for representative parcels of the goods offering during the week, being for business done on the basis of delivered to Smithfiekl Market, and/or ex London stores. Prices for the two previous weeks are also shown:—

- New Zealand Sheep.-—Canterbury ’and North Island selected crossed I wethers and maiden ewes, 4S/501b, 3pi '(4 l-'Sd, -kid) ; 57/64, 3ld (3 pi, 3 1-Sd) ; 65/721b, 34d (-3i 5-Sd), 4cl); North island crossbred wethers and maiden ewes, 48/aGlb, 3Jd (3.pi, 4d); 57/641 b, 3sd (3Jd, 3 7-Sd); G5/7'2lb, 34 (3 5-Bd, 3 7-8); ewes. 481 b and under, 2pi (3 l-Bd, 341); 4‘B/641b, 2 3-Sd (2pl 3 l-8d) ; 65/7211), 2pi (24d, 2pl). j New Zealand Lambs. —All new season’s Canterbury', 361 b and under, 73d; 37/4211), 7pi; 43/5011), not quoted; second quality', average 331 b, 6d; other I -South Island brands, not quoted; selected North Island brands (including Downs), 3611) and under, 7 5-8 d (Sd, Spl); 37/4211), 7 5-8 d (Bd, 8pf); 4.5/.;) 01b, not quoted; second quality’ average 341 b, 6d (Old, Opi). Other North Island brands, first quality', 361 b under, 7d (74.1, 7pl); 37/4211), 7.1 (7*ld, 73d); second qualitv, average 6Mb, 53d (6 US, Old). ‘ j Australian Lambs.—-Victorian first quality (new season’s), 361 b and under, -<3d (6d, 61.1); 37/421b, ojd (6d, Old). j Argentine Lamb.—First quality"(new season’s), 361 b and under, 53d (53d 53d); 37/421b, old (sld, 54d). New Zealand beef, not quoted. Argentine Chilled Beef.—Ox fores 3d (3 pi, 3 5-8 d); ox hinds, 5d (spl 5 3-8). ’

Australian -Frozen Beef.—-Ox crops over 1001 b, 2:}(1 (3 1-Sd) ; ox hinds, over 1601 b, 4d (4d, 4 1-Sd). New Zealand Prime Porker Pigs. 60/lOOlb, 5d (5 pi, 53<1); 101/1-201 b. 44d (sd, sd).

New Zealand Prime Baeoner Pio-s 121/1-8011), 5d (spi, opl). Now Zealand frozen veal, not quoted.

August 22 ... 1,002,346 September 6 067,442 September 20 887,614 October 4 828,584 October 18 743,389 November 1 613,645 November 15 438,361 December 1 320,380 December 15 276,010 December 27 252,141 January 10 235,114 January 24 301,312 February 7 280J314