DAIRY PRODUCE.

Manawatu Standard, Volume LV, Issue 247, 16 September 1935, Page 5

DAIRY PRODUCE.

BUTTER STEADY AT 112 s. SOUND POSITION OF STOCKS. A sharp rise to 112 s for Now Zealand butter at the beginning of last week quietened the London market, which, however, continued steady and unchanged on that quotation, but closed to a less active demand. The New Zealand retail price has now been increased to Is Id and Danish to Is 3d a lb. Deliveries of Now Zealand butter last week totalled 1996 tons, against 2379 tons for tho previous week and 1324 tons a year ago. Australian deliveries were. 1070 tons against 1470 tons a year ago. New Zealand butter in store has decreased slightly to 4322 tons, including 1658 tons ex the Rangitiki, compared with 4368 tons for the previous week and 10,948 tons a year ago. Australian butter in store totals only 2463 tons compared with 3288 tons for the previous week and 6214 tons a year ago. 'Hie cheese market continued firm last week, prices advancing 2s to 3s to reach 545. Deliveries of New Zealand cheese last week totalled 21,387 crates, compared with 21,629 crates a year ago. The quantity in store has again dropped sharply to 81,726 crates against 137,691 crates a year ago. Since the end of July New Zealand choose in store has dropped by 83.438 crates. Canadian deliveries last week totalled 6518 boxes, compared with 6808 boxes a year ago, while tho quantity in store now totals 61,464 boxes, compared with 87,044 boxes a year ago. The Dairy Board’s London office- reports last, week’s closing quotations as follow, those for the previous week being shown in parentheses;— BUTTER.

New Zealand, salted (approximately 13jd, f.0.b.), Ills to 112 s (103 s to 104 s, September 13, 1934, 72s to 765); unsalterl, 112 s to 114 s (105 s to 106 s); September 13, 1934, 86s). Australian, salted, Ills to 112 s (103 s to 104 s) ; unsalted, 112 s to 114 s (104 s). Danish, 108 s f.0.b.. 128 s spot (995, 118 s to 120 s). Dutch, unsalted, 95s to 106 s (925), Esthonian, unsalted, 101 s. Siberian, salted, 99s (95s to 9bsi, Polish, salted, 94s (85s to 88s). Lithuanian, salted, 975; unsalted, 98s (92s to 03s). CHEESE. New Zealand, white (5.9 d f.0.b.). 54s -,51s to 525; September 13, 193'-*, 47s to 47s 6d); coloured (5.87 d f.0.b./, 53s 6d to 54s (50s 6d to 51s; September 13, 1934, 44s 6a to 455/. Canadian, white and coloured, 53s to 545, ex. 55s (53s to 545, 52s to 535) ; old season’s, 64s (58s to 645); c-.i.f., 56s (525). English, finest farmers’, 85s to 94s 185 s to 945). English factory cheese, 40s to 44s (36s to 425). AGENTS’ REPORTS. Rowson and Coy., Ltd., advise under date, September 13: —Cheese: White and coloured, 54s per cwt. Good demand, market steady. Butter: First grade, 110 sto Ills per cwt; finest grade. Ills to 112 s per cwt. Demand very slow. The New Zealand Producers’ Co-opera-tive Marketing Association’s weekly cabled market report from London, dated September 13, is as follows: —Butter: Market firm. New Zealand, Ills to 112 s; Danish, 128 s. Cheese: Market firm. New Zealand, white, 545; coloured, 53s 6d to 545. W. Wcddel and Coy., Ltd., advise under date September 13 : —Butter : Market quiet. Danish, 128 s; New Zealand finest., 112 s; Kangaroo, finest, 112 s. Cheese: Market firm. New Zealand, white and coloured, 545.