DAIRY PRODUCE.

Manawatu Standard, Volume LIII, Issue 286, 31 October 1933, Page 5

DAIRY PRODUCE.

CURRENT QUOTATIONS. ■ Joseph Nathan and Co., Ltd., have received from London the following cabled advice, dated October 28: —Butter buyers holding off entirely. New Zealand butter: Finest, 92s per cwt; first, 88s. New Zealand cheese: White, 47s per cwt; coloured, 46e. Both markets weak. The New Zealand Loan and Mercantile Agency Coy;., Ltd., have received the following advice from their London house dated October 28:—-Dairy produco (quotations at October 26 in parentheses) : Butte.-. N.Z. choicest salted, finest 92s per cwt (98s); Ist grade, 88s per cwt (925). Cheese: White, 46s to 47s per cwt (48s) ; coloured, 45s bd per cwt. (475). Weak tendency at present. , N.Z. DAIRY EXPORTS. LARGE INCREASE IN BUTTER. Exports of butter from New Zealand last month, according to the latest roturns issued by the Dairy Board, were 9907 tons, compared with 5282 tons for September, 1932, an increase of 4625 tons or 87.56 per -cent. Of the butter shipped last month, 73 per cent, was consigned and 27 per qent. sdjld f.0.b., compared with 84 per cent, cohsigned and 16 per cent, sold f.o.b. in September, 1932. .Shipments of butter for tire first two i) months of the season to September 30 i> totalled 17,269 tons, compared with 13,453 tons in Augnst-Septembcr, 1932, an increase of 3816 tons. Details are as follow :

Shipments of cheese last month were 3435 tons, compared with 3807 tons in September, 1932, a decrease of 372 tons. Last month 80 per cent, was consigned and 20 per cent, sold f.0.b., compared with 64 per cent, consigned and 36 per cent, sold f.o.b. in September, 1932. 1 Exports of cheese for the two months to September 30 totalled 9715 tons comj pared with 9064 tons for the corresponding period of last season, an increase of ! 651 tons. Details arc as follow: —

, Total 9,715 9,064 , Shipments of butter from Australia to Britain last month -were 4591 tons, compared with 6486 tons in September, 1932, a decrease of 1895 tons. For the two , months to September 30, shipments were 7052 tons, compared with 11,463 tons for the same period of last season, a deereaes o,f 4411 tons. During the two months Argentine exports of butter to Britain were only 113 tons, compared with 1345 tons for the same period of 1932. LONDON MARKETS. HIGH COMMISSIONER’S REPORT. The Department of Agriculture has received the following cablegram, dated October 28, from the High Commissioner for I New Zealand, London : Tallow. —Better demand at auction; 75C casks offered, of which 469 were sold. Present spot quotations are:—Mutton, fine, 24s to 24s 6d; fair to good, 21s 6d to 23e 6d; dark to dull, 19s to 20s; beef, sweet and/or mixed, 22s 6d to 245; fair to good, 20s 6d to 225; dark to dull, 18s to 19s 6d; mixed, fair to good, 20s 6d to 21s 6d; dark to dull, 18s to 19s 6d; gut, etc., 17s 6d to 19s 6d. Hemp.—Manila market steady and fair trade inquiry for lower grades on the basis of £l4 10k “K” grade for NovemberJanuary shipment. Sisal market quiet and tendency easier at the close. Sellers No. 1 grade for November-January shipment, £l7. New Zealand market quiet and unchanged. No first-hand sales reported. Apples.—Stocks of New Zealand now cleared. Market remains depressed with somewhat lower prices. Eggs.—Market firm. English national pack, small supply, 17s to 225; ordinary pack, 17s to 19s; Danish, 12s 6d to 16s; Australian, 11s 3d to 12s 9d; New Zealand, 141 b to 181 b per long hundred, lie to 13s 3d. 81-MONTHLY SHIPMENTS OP MEAT TO UNITED KINGDOM, ETC. The Now Zealand Meat Producers’ Board is advised by cable from its London office that the shipments from Australia and South America to the United Kingdom during the first half of October were as follow:—Australia: Carcases mutton, 27,444; carcases lamb, 263,181; quarters beef, 24,604. South America: Carcases mutton, 6919; carcases lamb, 216,382; quarters beet .frozen 710, chilled 183,145. The shipments from New Zealand to the United Kingdom for - the same period were as follow: Carcases mutton, 37,150; carcases lamb, 47,880; quarters beef, 3602. The shipments from South America to the Continent of Europe during the same period were as follow:—Mutton, nil; frozen beef, nil. FARMING NEWS. RURAL RAKINGS. As a result of the favourable season, fat lambs for export in Hawke’s Bay are well forward and allocations have been made to enable large numbers to bo exported in time for the Christmas market. It is estimated that fully 59,000 lambs will be available. The Tamaroa is due at Napier to day and will take approximately 27,000 carcases. Next Monday the Port Nicholson will take about 18,000 carcases. The Itangitiki is due at Napier on November 14 and will sail direct for London on . November 17. Her allocation is not yet available, but it is anticipated that it will bring the number to well over 50,000 carcases. For the Christmas market last year the Tainui was the only vessel to load, when 23,145 carcases were shipped.

What is regarded as a good omen for sheepfarmers is the fact that the mutton market is unusually firm for this period of the year and the opening schedule of fat lamb is considerably in advance ol last year’s figures, states a Hastings message. These factors have caused a tremendous “comeback” in the sheep trade, values lifting in sympathy with the prospective export prices. This year many graziers, who for the past few years have boen carrying largo numbers of heifers at this time of the year, have again turned their attention to sheep. Consequently this has caused a shortage of wethers and hoggets and considerable forward buying of fat lambs has resulted, mostly at very satisfactory prices. Peculiarly enough, forward buying appears to be confined to Taranaki. It is apparent that stability is again entering into the wool trade, a position that is long overdue. The spread of broom is causing some concern at Putaruru, and at meetings of two organisations in the district last week preventive measures were urged. At a meeting of the Putaruru 'Town Board Mr H. W. Lindsey said broom was spreading in the town area and on town board land. He named various places where broom was flourishing, and the board decided to notify the owners to eradicate it. Mr E. W. R. Leslie, a member of the Tokoroa Rabbit Board, spoko in similar terms. He said broom appeared o be spreading rapidly in the south ;nd of the Matamata County, and ho mnsidored that unless the pest was dealt ,vith soon it would become practically uncontrollable. Mr Leslie named areas in Canterbury and other parts of New Zeaand that had been ruined by the invasion j if broom. In addition, the weed formed i splendid cover for pests of various kinds. V motion was carried that the notice o,f ho Government inspector be drawn to he increase of the post, and that copies I the letter be sent to the Matamata lounty Council and the Farmers’ Union.

1933 1932 Tons. Tons. London 14,876 11,083 Avonmouth & Cardiff 382 404 Liverpool 508 415 Manchester 634 673 Glasgow 520 440 Canada — 221 Honolulu 15 21 Panama 199 124 New York — — Other countries 135 72 Total 17,269 13,453

1933 1932 Tons. Tons. London 9,201 8,657 Avonmouth & Cardiff 129 102 Liverpool 128 113 Manchester 123 100 Glasgow 118 78 Other countries 16 14