LONDON DAIRY PRICES.

New Zealand Herald, Volume LXIV, Issue 19792, 12 November 1927, Page 9

LONDON DAIRY PRICES.

MARKET REPORTED FIRM.

NEW ZEALAND 172s TO 1745.

(Received November 11, 5.5 p.m.) , A. and N.Z LONDON, Nov. 10. The butter market is firm. Choicest salted . New Zealand is quoted at 172s to 1745; exceptionally good lots, 1765; Australian, 168s to 1725. Un salted batter is Hd small supply, New Zealand being .quoted at about 186s, and Australian at 182s. Danish butter is about 200s. The cheese market is dull. New Zealand is quoted.at 995; Australian, 965.

; REPORTS FROM MERCHANTS, f . 5 EFFECT OF STORED STOCKS. i J Price quotation cablegrams received . from London yesterday showed maximum | prices for butter 2s lower than in an ) advice received on Thursday. Cheese, j too, was quoted, a shilling down. Amalgamated Dairies, ,LtfL, received the following cablegram from their Lon- ! don manager, dated November 10: • Butter: Freshly landed, 172s to 1745; I 'cold stored. 168s to 170s; market quiet. There is a firm tone in Danish at 198s, . f.o.b. Cheese: 98s to l(X)s; market dull with downward tendency; • Canadian,- 96s j to 98s, c.i.f. ' . ' Norden and Company received the "Following cablegram, dated November 10, from their London principals, Andrew Clement and Sons, Ltd.:—Butter: Salted, 172s to 1745, equal to Is 4.82 d, f.0.b.; market steadier; upsalted, 188s, v]to Is 6.36 d, f.o.b. Cheese : : v §9s to 100s; equal to yd,. flo-'fe; firm. - 1 V W. W. Bowker received the following cablegram from A. J. Mills and Compand, Limited, London, dated November 10:—New Zealand butter:' Finest, 1745; first grade, 1725; stored-, 168s to 170s. The stocks of stored butter have had a very bad effect on the market. Cheese: The market is quiet at 98s to 100s. for white and coloured. Canadian. IOOs to 102s. Dalget> and Company, Limited, received the following cablegram from their London house dated November 10 *r— Butter: The market is steady but quiet. New Zealand, finest salted,' 170s to 1745; Danish, 194s to J96s; Australian, finest united, 168s to 1725: unsalted, 176s to 178s. Cheese: The market is slow New Zealand. white and coloured, 98s to 100s; Canadian, white and coloured, 98s to 102s: c.i.f., 92s to 98s. , AUCKLAND COMPANIES. | ONE NEW REGISTRATION, i 1 One private company was registered in Auckland yesterday, details being as follows; — * Tuwharetoa Timber Compahy, Limited. Objects: To acquire timber-cutting arid milling rights, etc. Capital:' £SOO, divided into £1 shares. Subscribers ; M. H. Hampson, 166 shares, '.aqd G. W. Van Dyk and the Tuwharetoa Co-operative Dairy Company, FROZEN MEAT PRICES. LONDON MARKET VALUES. Dalgety and Company, Limited, report having received the following cablegram from their, London house, dated. November 11: —Frozen meat: New Zealand prime Canterbury lamb, 28i&. Jo - 361b.,. 9^d; North . Island, 87-8 d; ■>Canterbury, 361 b. to 421 b., North i Islsepd, B|d; Canterbury,- secand ' * ? qoi4iffcy, B|d; North Island, Bfd; V> Canterbury, 421b. to 501b.,, B|d; North Island, 83d. The market for New Zealand lamb is weaker, and the demand is'moderate. New Zealand prime Canterbury, mutton, 481b. to 561b., 6|d; North Islartd;~~sf'd; Canterbury. 561b. to 641b., . £sd; T North Island, s|d; Canterbury, 64fb: to 721b., Ski; North Island. sd; Canterbury,, ewes. 481b. to 641b., 4^d; North Island,-4|d. The market for New Zealand mutton is weaker, and the demand limited. F.'ASQ. Australian lamb, 28lb. to 361b., B£cLf The market for Australian lamb is weak and the demand poor. Beef: Argentine, chilled 'b''nds, 6d: fores, 4id. Pork: English, 801b to 1001b., 8d to 9d: New 7p,ntaiid porkers, 801b. to . 1001b., 8d: 1001b. to 1201b., Trfd: New "Zealand baconers, 1201b. to 1701b., %!. ' ' PRODUCE IN DUNEDIN. POTATO MARKET FIRMER. [BY TELEGRAPH. OWN conRESI'ONDENT. ] DUNEDIN. Friday. Any odd lots of milling ' ivlieat can be placed with millers, who, however, are not keenly interested in-the market. Tuscan is worth about 6s 9d per bushel, sacks extra, ex store; Hunters, 7s, and Velvet, 7s 3d. Supplies of fowl wheat are not plentiful, but they are sufficient to meet present requirements. The current quotation for best quality is 6s 6d per bushel, ex store, Dunedir The oat market continues in a stagnant condition, but there are now few stocks !in the Dunedin stores. What business has been done is between local merchants, for small lots only. A Gartons are nominally worth 3? sd, f.0.b.,. s.i., and B's 3s 3d. These prices are equivalent to ''2s 8d and 2s 6d respectively on trucks pit .country sidings, stocks extra. It has been necessary to again draw on Canterbury for;sttpplies of chaff, although a few •.consignments have come forward from. Central Otago. Good heavy bright..oatep sheaf is worth £5 5s to £5 10s per Lon,jex>stofe, Dunedin, sacks extra. There is no alteration ill the prices df seeds, and there is little business passing. Merchants generally ' {rave* experienced a good average spring, demand, 'ft been noticeable this year that pasta?alists hive been devoting more attention: to Cocksfoot, and have sown considerably oiorp of this valuable grass" iri. tßelr seed mixtures. The firmness ,in the potato market has continued and, in fact, increased. Host of the local stores, have sold out their stocks oi potatoes, and' Canterbury,is-find ing an outlet for. its supplies in the North Island. Up; to £8 per ton, sacks in, 'is 1 being paid on trucks in South Canterbury for freshly graded tables, equivalent "to £9 per ton ex truck, at Dunedin, bags in; ; For small lots £lO per ton is the price to* day. Supplies of old potatoes Tightthrough the South Island are now nearly 1 exhausted. The continuance of the high prices depends on when the new potatoes | will come on the market in quantity. ' The Auckland new potato crop is very ! much later than usual, but fair supplies . ! are now reaching the market from the I Hutt district. j