LONDON BUTTER VALUES

Hawera Star, Volume LIV, 4 May 1934, Page 7

LONDON BUTTER VALUES

COMPARISON IN COMMONS NEW ZEALAND AND FOREIGN OTTA.WA AGREEMENTS. PREPARATIONS FOR DEBATE. (United Trees Association—By Electrio Telegraph Copyright). Received 1.45 p.m. to-day. LONDON, May 3. The Parliamentary Under-Secretary to the Board of Trade, Dr. E. L. Rurgin, replying to questions in the House of Commons, saicl the average e.i.f. value of New Zealand butter landed in March was 70s 8d . a cwt, compared with Russian, including duty, at 59s^lid and Danish _at 73s 7cl. Tho minimum home price in Denmark was 97s 6 cl. He was not aware of tlie wholesale price in New Zealand. He understood it was based on the London quotations. Among matters raised in the debate on the Dominions Office vote in tho House of Commons on Monday will he the Ottawa' agreement,• tho wording of which will be a subject of review. The recent New Zealand suggestion put forward with a view to stimulating trade with Britain will alfio be discussed. “The Times’’ says there will be an exchange of views between the British Ministers and the High Commissioner for Australia, Mr S. M. Bruce, as soon as lie returns from Australia, particularly as he will be seeing tho New Zealand Prime Minister in New Zealand and the Canadian Prime Minister in Canada during the journey to England.

MARKET BECOMES FIRMER,

CHEESE TR ADE STEADY Received 12.30 p.m., to-day. LONDON, May 3. ■ For butter there is more 'inquiry and the market is firmer. Quotations are: Danish, 80s;, choicest salted New Zealand, 735; Australian, 725; up,salted, New Zealand, 73s to 745; Australian, 725. ... . . Tho cheese marke/t is steadier. Quotations are: New Zealand, white 435. coloured 42s 6d; Australian, coloured 41s. ; , u