DAIRY PRODUCE

Manawatu Standard, Volume LVII, Issue 199, 23 July 1937, Page 7

DAIRY PRODUCE

THE LONDON MARKET. BUTTER VALUES FIRM. CHEESE QUIET. (United Press Association. —By Electric Telegraph.—Copyright.) Received July 23, 11.45 a.m. LONDON, July 22. The butter market in London during the past iveek has displayed a quietly firm tone; the prices quoted below for salted and unsalted Australian and New Zealand butter were asked, but there was no business. On the cheese market a quiet tendency has prevailed. Current quotations arc as follow, those previously cabled being included in parentheses:— Butter.—Danish (118 sto 120 s). Choicest salted: New Zealand, 117 s (116 s); Australian, 116 s (115 s). Onsalted : New Zealand, 117 s (116 s) ; Australian, 116 s (115 s). Cheese. —New Zealand : White, 74s (72s 6d); coloured, 71s 6d (70s). Australian; White, 73s (695); coloured, 70s (68s).

BRITISH PURCHASES

BUTTER, CHEESE AND BACON

LONDON, July 22. The Imperial Economic Committee statistics for United Kingdom butter imports for 1936 record a total of 9,750,000 cwt, of which 53 per cent, are from the Empire, a reduction of four per cent, compared with 1935 due to smaller Australian shipments. New Zealand’s proportion was the highest on record and accounted for 29 per cent, of the total imports. The increase in prices resulted in only a slight decline in consumption, which is estimated at 24.81 b per head compared with 25.21 b in 1935. Cheese imports were the lowest since 1932. New Zealand’s share of tho total was 63 per cent. Egg imports were the largest since 1931, but the Empire supplied only 19 per cent, compared with 24 per cent, in 1935.

The Empire supplied the highest proportion of bacon imports on record, namely 24 per cent.