DAIRY PRODUCE MARKET.

Hawera & Normanby Star, Volume LXII, Issue LXII, 20 January 1912, Page 5

DAIRY PRODUCE MARKET.

A cable recedved by Messrs Andrew Clement and Sons, Ltd., gives the following quotations of latest spot values of finest New Zealahds on the 18th inst:. — Butter.—Salted, 130s; unsalted, 1325. Market hardening. Cheese.—White, 725; colored, 725. Market hardening.

Referring to the movement of the butter market during November and early December, Weddell and Co. report: The Copenhagen official quotation has this week been advanced from 115 to 118 kroner, which is the highest figure reached for the first week in December since 1884, when it was 120 kroner. From 1875, when the quotation was first established, to 18S4, it never fell below 120 kroner for the first week in December, and for that week in 1876 it reached 142 kroner, which is the record height of the quotation for any month of any year. The short supply of Danish butter for export to this country is doubtless due to the drought, both in Denmark, and all over the Continent of Europe. Con-t tinental countries are thus drawing more ttian the usual quantity of Danish butter to supply their markets. During the month of November the import of Danish butter into the United Kingdom was 121,972cwt., against 150,489cwt.'in November, 1910. The export of Siberian butter to Europe and the United Kingdom last week was only 4,910 casks, against 5,690 last year. Even Argentine arrivals last week show a deficiency of 483cwt. against 1910. France and Holland show decreases of 2,534cwt. and 504ewt. respectively.