PRICE OF GOLD

Manawatu Times, Volume LIV, Issue 7300, 30 October 1933, Page 8

PRICE OF GOLD

LONDON, Oct. 27. The price of gold is 131 s 03d (?) per oz. fine. AMERICAN DOLLAR LONDON, Oct. 27. Exchange on Now York is 4.714 dollars to £l. BUTTER AND CHEESE DAIRY BOARD’S ADVICES. The Dairy Board’s weekly cable from London shows that the butter market is weak and irregular and quotes New Zealand salted as selling at lrorn 90s to 04s and up to OGs per cwt. (which equals ajiproximately 10.8 d per ib. f.0.b.), and unsalted butter at lU6s to 110 s. Other butter prices arc: Australian salted, 90s to 94s and up to 90s; uusaltod, 102 s to 106 s; Danish, spot, 114 s to 115 s. The retail price for New Zealand butter is still Is Id per ib., but the price for Danish has been increased to Is 3d. Both prices, however, will be reduced by Id per ib. next week. The stock position at tho moment is as follows: — Oct. 28, Oct. 28, 1933. 1932. Tons. Tons. New Zealand .. 2922 3400 Australian .. .. 450 925 Total 3372 4325 The cheese market is also reported as weak. Brices are:—New Zealand, white 47s to 48s per cwt. (which equals approximately 5.U3d per lb. f.0.b.), coloured -16 s to 475; Australian, white 465, coloured' 455; Canadian, white 50s to 52s ,coloured 50s to OGs. English finest farmers’ is slow at 70s to 88s. The retail price for New Zealand cheese is unchanged at 6d per lb. There are 65,198 crates of New Zealand cheese in store, as compared with 38,622 at the same time last year. The quantity of Canadian cheese in store is reported at 171,629 boxes. i’rices for New Zealand butter show a decline since last week of about 5s per cwt. and for cheese about Is. New Zealand choicest butter this time last year was realising up to 106 s, compared with 90s to-day; and white cheese was selling at 68s to 695, as against 47s to 48s to-day. HGS AND POULTRY The Dominion Auctioneering Company, Palmerston North, reports an extra heavy yarding of pigs and a large yarding of poultry at its mart sales on Saturday last. Bor good quality pigs tho prices were practically the same as those realised for the'previous week. Realisations were as follows: — Pigs: Weaners, small, 12s Gd to 15s Gd; weaners, good quality, to 225; slips, to 245; stores, to 29s 6d; porkers, 27s to 34s Cd; baconer, 41s. There was a sharp rise in the price of poultry, which were as follows: Turkey gobblers, 9s 6d each; ducks, 4s Gd to 5s 4d per pair; white hens, 5s to Gs 2d per pair; heavy hens, up to 7s 2d po rpair; cockerels, 5s 4d to 6s 8d per pair; cockerels, 2 weeks old, 3s Gd to 4s Gd per dozen; hens and chicks, 11s, 12s Gd, 13s Gd each; broody hens, 5s 9d to Gs Gd each. Also: 2 fat lambs' at lGs Gd; ewes, 17s Gd. RONGOTEA STOCK SALE New Zealand Loan and Mercantile Agency Coy., Ltd., Palmerston North, report: At Rongotea wo had a heavy yarding of pigs and a small entry of cattle.

The pig market was good and we cleared the entry under the hammer at prices satisfactory to vendors. The cattle market was dull. Prices were: Springing heifers, £4 15s; springing cows, £3 to £4 ss; fat cows, £2 12s to £3 16s; store cows, 20s to 31s; yearling heifers, 36s to £2 7s Gd; porkers, 345, 365, 395, £2 Is to £2 4s; stores, 21s to 3.15; weaners, 16s, 17s Gd, ISs 6d to 20s 6d.