THE BUTTER MARKET.

Hawera & Normanby Star, Volume XLVIII, Issue 8178, 20 March 1905, Page 4

THE BUTTER MARKET.

-• • j 5 Writing on February 3 the London Commercial Record says : — The official Copenhagen quotation, .which a week ago Was expected to be raised, remains unaltered. The total imports of all kindj tor last week were nearly a thousand tons below the corresponding week in 1904, and the total imports for the last month are only 2000cwt. above the same period last year. The foreign shows a falling-off of more than 13,000cwt. The recent rise in values of both Australian and New Zealand has naturally met with little favor among buyers, who for a long time now have been hoping for 1 tower range of prices. Holders who were trying to force New Zealand up from 102s to 106s have failed, say Messrs W. Weddel and Co. in their circular, and this overstraining may result in a slight relapse; but as the last three weeks' arrivals of Australasian butter have averaged 70,000 boxes weekly, it does not appear likely that values will suffer any appreciable decline. Indeed, Unless foreign arrivals greatly increase, prices inwt bo maintained. During the current week there have been larger arrivals than usual of Queensland butter and the lower quality butters of New South Wales, so that the demand for butter below the line of choicest has been tilled better than for a long time past.