DAIRY PRODUCE.

Manawatu Standard, Volume LIV, Issue 89, 14 March 1934, Page 5

DAIRY PRODUCE.

LONDON MARKETS FIRM.

BUTTER AT 72s A CWT.

The London butter and cheese markets wore firm on Monday.

Joseph Nathan and Co., Ltd., have received from London the following cabled advice, dated March .12:—New Zealand butter, 72s per cwt. New Zealand cheese, white 44s per cwt., coloured 44s to 455. Firm. Dalgety and Co., Ltd., under date March 12:—Butter, 71s to 725. Cheese, 445. Both markets firm. AUSTRALIAN BUTTER EXPORTS. Exports of butter from Australia from July 1 to February 17 were 71,529 tons, of which 66,878 tons .were shipped to the United Kingdom. In the corresponding period of last season the total export figure was 74,892 tons, which included shipments to the United Kingdom amounting to 70,516 tons. Shipments from the various States for the current season to February 17 were (previous period in parentheses) : New South Wales, 16,662 tons (13,072); Victoria, 25,095 tons (35,908); Queensland, 24,684 tons (19,840); South Australia, 3004 tons (3543); Western Australia, 908 tons (1004); and Tasmania, 1176 tons (1525). FRUIT AND VEGETABLES. WELLINGTON MARKET PRICES. WELLINGTON, March 14. Prices of fruit, vegetables and other produce in the Wellington markets this week are quoted as follow: — Fruit. —Apples: Fancy Gravonstein, 3s to 4s per bushel case; Worcester Pormain, 2s 6d to 3s 6d; Jonathans and Delicious, 3s to 4s 6d; cooking apples, 3s to 4s; Cox's Orange, 3s to 6s. Pears: Fancy William Bon Chretien, 2s 6d to 4s 6d per case; fancy Louis Bon Jersey, 5s to 6s. Peaches: Hobbs, late 3s 6d to 4s per half case; Lippiates, 3s to 4s; Golden Queen, 3s 6d to 4s 6d. Nectarines: 5s 6d to 6s 6d per half case. Quinces: 6s to 7s per bushel case. Lemons: Choico cured, 15s to 18s per bushel case; others, 12s to 15s. Tomatoes: Hint, red, 2s to 2s 6d per half case; coloured, 2s to 2s 4d. Grapes: Hothouse, 6d to 9d per lb. Vegetables.—Cucumbers: Hothouse, 2s 6d to 3s 6d per dozen. Potatoes: 5s to 8s per cwt. Onions: 2s 6d per sugar bag. Cabbage: Is to Is 6d per case. Lettuce : Is to 2s per case. Cauliflowers: 7s to 9s per sack. Green peas: 6s to 10s per half sack. French beans: 7s to 9s per half sack; scarlet runners, 4s 6d to 6s per case. Marrows: Is 6d to 2s per ease. Pumpkins: Red, 5s 6d to 6s 6d per sack. Carrots: 2jd to 3d per bunch. Parsnips: 7d to per bunch. Swedes: Is to 2s per case. White turnips: Is 6d to 2s per dozen bunches. Spring onions: 6d to Is per dozen. Beetroot: 3d to 4d per bunch. Eggs.—Fresh, first grade, Is 6d per doz.

AUCKLAND MARKETS. AUCKLAND, March 13. Business in the grain and produce markets has been fairly steady since last report, and merchants report a satisfactory turnover. As from to-day bran is being quoted cheaper by 10s a ton, the new mill price being £5 10s a ton, with merchants charging 5s more for through store deliveries. The phenomenal pasture growth has interfered with the demand for bran, and with Australia quoting particularly low rates just now millers have found it necessary to meet the market with a lower rate. Pollard sells freely at date rates, with the local mills as well as the South Island and Australia all getting a share of tho business.

Wheat is still selling at 4s 9d a bushel, and seems likely to hold at about this figure. Stocks of maize in Gisborne are plentiful, but in tho Bay of Plenty supplies are rapidly petering out, It would appear that those requiring such lines for direct railing will have to pay somewhere about 4s per bushel on rail. Oats are unchanged at 3s 3d a bushel for B Cartons, and oat sheaf chaff is selling still at £7 10s to £7 15s a, ton. There have boon some offerings of chaff from the Rangitikei district, but most of tho local mrechanls continue to rely upon the South Island for their requirements.

The second crop of potatoes at Pukekoho is now being dug', and fanners are doing thoir best to market it before the South Island crop becomes available in a few weeks' time. As a consequence, prices have eased. Unions aro unchanged at about 7s a cwt, with ample supplies available. OVERSEAS WHEAT MARKETS. NEW YORK, March 12. Chicago wheat futures. —May, 88J cents a bushel; July, 88J cents; September, 89g cents. Now York, cash, 100 cents. LONDON, March 12. Wheat. —Cargoes to.day were better. North American advices induced a steady feeling, Manitoba sellers demanded a slight advance. Australians and River Plates were nominally unchanged. Tarcols were steady. Australians and River Plates were obtainable on easier terms, but buyers wero unresponsive. Futures: London, April, 17s 8d a quarter; Juno, 18s sd; September, 18s lid. Liverpool, March, 4s 2d a cental; May, 4s 4d; July, 4s 6d; October, 4s Bd. BASE METALS MARKET. COPPER AND TIN ADVANCING. LONDON, March 12. The official London (midd.e) quotations for Monday, as reported by the Australian Minus and Metals Association, compare as under with those previously "abled:—

FOREIGN EXCHANGES. POSITION OF STERLING. LONDON, March 12.

Marl 9. Mar. 12. Per ton. Per ton. Copper • £ 9 d £ a d Standard, spot 32 16 10£ 33 4 4£ *Electrolytic 35 15 0 36 0 0 Standard, forward 33 0 0 33 9 4£ to 36 5 0 36 10 6 Wire bars 36 5 0 36 10 0 Best selected 35 12 6 — Lead — Spot 11 5 0 11 11 3 Forward 11 12 6 11 17 6 Spelter— Spot 14 15 0 14 15 0 Forward 15 2 6 ' 15 2 6 Tin — tSpot 233 7 6 233 8 9 Forward 231 17 6 233 8 9 Silver— Standard, per oz .. — 20?d Fine — 221 d "American. 0 r«ents a !b. tAmerican, 53.80 cents a lb.

The following rates on foreign exchanges were current to-day, compared with Mar. 12. par: — Par. New York, dol. to £1 .. 5.08| . 4.866 Montreal, dol. to £1 ... .1 5.08* 4.866 Paris, francs to £1 .. 77 5-16 124.21 Brussels, bel. to £1 ... .. 21.83 35.00 Geneva, francs to £1 ... .. 15.75 25.225 Amsterdam, florins to £1 12.107 Milan, lire to £1 .. 59.375 92.46 Berlin, marks to £1 ... .. 12.81 20.43 Stockholm, knr. to £1 .. 19.315 18.159 Copenhagen, knr. to £1 .. 22.40 18.159 Oslo, knr. to £1 .. 19.90 . 18.159 Vienna', schgs. to £1 ... .. 28 34.585 Prague, knr. to £1 .. 122.375 164.25 Hel’fors, marks to £1 .. 226.50 193.23 Madrid, pes. to £1 .. 37 5-16 25.225 Lisbon, esc. to £1 .. 109.375 110 Athens, drach. to £1 ... .. ‘530 375 Belgrade, din. to £1 ... ... 223 276.31 Bucharest, lei to £1 ... .. 510 813.60 Warsaw, zloty, to £1 ... .. 43.38 •tio <te jamero, p. to mi 1. +4* 5.899 B. Aires, p. to peso .... .. . 47.62 Monte Video, p. to peso . +38* 51 Calcutta, p. to rup. ... .. 18 3-32 18 Shanghai, p. to dol. ... .. 18 3-32 18 Hong-Kong, p. to dol. .. 18i — Yokohama, p. to yen ... .. 14 7-32 24.582 Batavia, florins to £1 tSellers, official. ‘Sellers. 12.107