BUTTER VALUES STEADY.

Manawatu Standard, Volume LIX, Issue 71, 21 February 1939, Page 6

BUTTER VALUES STEADY.

NEW ZEALAND UNCHANGED. CHEESE MARKET QUIET. Tho London butter market was quiet last week, and the price of New Zealand finest salted was steady at 122 s a cwt. According to tho cabled report supplied by the Primary Products Marketing Department to the Dairy Board, Friday’s closing prices with those of tho previous -week in parentheses, were as follow: New Zealand.- —Salted. 122 s (1225; a year ago, 112 sto 113 s): unsalted,. 1245, to 125 s (124 s to 1255; a year ago, 114 s to 116 s) Australian.- —Salted, 118 sto 119 s (119 s); unsalted, 120 s (120 s). ' Argentine.—Unsalted, 114 s to 116 s (112 s to 116 s). Danish.—l24s f.o.b. ; 146 sto 147 s spot (130 s; 151 s to 1525). Dutch. —Unsalted. 128 s (1275). Lithuanian. —Unsalted, 125 sto 126 s '(l2ss) Polish.—Salted and unsalted, 118 sto 119 s. Retail prices were unchanged, New Zealand at Is 3cl and Danish at Is 5d a lb. The present price of 122 sis equal to approximately 14.61 d a lb f.0.b., New Zealand ports, compared with the guaranteed price of 14.89 d a lb. f.o.b. The London equivalent of the guaranteed price 19 124 s 3d a cwt. The equivalent price of cheese is about 7.51 d a lb f.0.b., compared with the guaranteed price of 8.42 d Deliveries of New Zealand butter from store last wek totalled 1326. tons The quantity in store on Friday, including 120 tons cx Akaroa, was 522 tons, as against 3292 tons a year ago.. Deliveries of Australian butter last week were 2972 tons, the quantity in store being 5671 tons, compared with 2038 tons a J The imperial Economic Committee estimates the stocks of all butters in store at 730,181 boxes, as against 267,563 boxes a year ago. . • . The cheese market was quiet last week. Friday’s closing quotations, with those of the previous week in parentheses, were as New Zealand. —White, 66s (66s to 60s 6d • a year ago, 66s 6d to 675); coloured, 66s to 66s 6d (66s to 66s 6d; a year ago, 67s to 67s 6d). Australian.—White. 60s to 62s (60s to 625); coloured. 63s to 65s (63s to 655). Canadian. —White arid coloured. *72s (72s to 745); old season’s coloured, 80s to 82s (80s to 82s). , English.—Finest farmers , 869 to 96s (80s to ,965). . „ , 1 1 li Deliveries of New Zealand last week were 16,531 crates. The quantity in store, including 13,480 crates ex Akaroa and Zealandic. was 51,690 crates a 6 against 53,193 crates a year ago. Deliveries of Canadian chose last week were 6008 boxes. The quantity in store was 114,346 boxes, as against 99,777 boxes a year ago.