LONDON BUTTER MARKET.

New Zealand Herald, Volume LXV, Issue 19882, 28 February 1928, Page 7

LONDON BUTTER MARKET.

FIRM AT HIGHER RATES. STEADY DEMAND FOR CHEESE. . v. •; : V- v f /■: Prices for New Zealand finest butter on the hondon market have been maintained at 168s per cvvt., according to advices received in Auckland yesterday. The market continues firm. Cheeae quotations are unchanged at 955, and the market is reported steady. Amalgamated Dairies, Ltd., report, under date London, February 25: Butter.—Prices are unchanged. Finest, 168s; first grade, 1645. The market is firm, but quieter after two days' activity. Spot stocks are well cleared. Danish, 184s to 1865,. f.o.b. Deliveries: New Zealand, 1580 tons; stock, 3380 tons. Retail prices are unchanged. Cheese.— Unchanged at 955. The market is quietly steady. Retail prices are unchanged. The Bank of New Zealand has received the following advice from its London office as at the close of business last we ek:—Butter: Firm, 162s to 168s. Cheese: Steady; 94s to 955.

Joseph Nathan and Co. 4 Ltd., has received advice as follows: —Butter, 166s to 168s.

NEW ZEALAND TOBACCO.

A TRIAL CONSIGNMENT. I NELSON LEAF IN LONDON. [FROM OUR OWN CORRESPONDENT.] LONDON, Jan. 25. Early in November there arrived from New Zealand by the S.S. Port Melbourne four cases of tobacco grown in the Nelson (iistrict. It was consigned by Buxton and Company, on behalf of the Nelson Tobacco Growers' Association, to the High Commissioner, who was requested by the Government to consult the Imperial Economic Committee on the subject before proceeding to sell the consignment. In connection with the sale the question of moisture is a very important one, and with a view to checking this and of getting an idea as to the nicotine contents and the smoking qualities sample* vvero submitted to the Imperial- Institute for analysis and report. . Matters are now so far forward that an important firm of tobacco brokers is arranging a sale. The same brokers are also to be commended for the assistance they gave the High Commissioner's Department in the early stages by furnishing full information and- samples of various grades of leaf for the guidance of the growers. The brokers have also arranged for the buyers to furnish, as soon as they have them, the particulars of trying out the tobacco, so that, irrespective of price, a good deal of valuable information should be obtained which will bo of assistance to the growers. One thing seems to be apparent: the New Zealand produce is pipe tobacco, and would have to be used in a blending process. '

HONEY FOR BRITAIN. INDICATION OF ORIGIN. COMMITTEE'S RECOMMENDATION [from our own correspondent.] LONDON, Jan. 25. -The recommendation of the standing committee set up by the British, Government under "the Merchandise Marks Act that all honey imported into Great Britain shall bo marked with an indication of origin, should give satisfaction to New Zealand honey producers. This recommendation means (a) that the word "Empire " or " Foreign " must be affixed in tiie case of honey derived entirely from countries within the Empire, or from foreign countries; (b) there must be a definite indication'' of all countries of origin of the honey, forming a blend; or (c) the words " Blended Imported " must be used.

New Zealand (represented by the High Commissioner), with A. J. Mills and Company (representing the New Zealand Honey Producers' Board) was one of the strongest supporters of the application for the marking of all imported noney. It might be mentioned that New Zealand finds that its chief competition comes from a brand of imported honey which purports to be of Empire origin, bnt which is largely American. This fact was disclosed during the taking of evidence. Sir James Parr, wTlh the strong-co-operation of Mills and Company, put forth the utmost efforts to have the full merits of the New Zealand honey fully placed before the committee, and urged that the New Zealand producers had much to gain from the proposals, which would protect their interests on the Home market. The last number of the Scottish Beekeeper, in an article published by Mr. Arthur M. Sturgess, B.Sc., refers to the case presented on behalf of New Zealand, and adds: " Should the order be granted, it will be largely due to the Now Zealand evidence,"

FROZEN MEAT IN LONDON* ♦ —: ; IMPROVED DEMAND FOR LAMB. The following report on the London market for frozen meat as at the close of business last week has been received "by the Bank of New Zealand:— Wethers and ewes are in short supply and prices aro nominal. The reduction in price for lambs has improved the demand. The market for beef is quiet and unchanged. Quotations are : Mutton. —Wethers, light, 6d to 7jd per lb.; heavy, 4|d to 5Ja. Ewes, 4£d to sid. Lambs.—Twos, 9£d to 10d; eights, to lOd; fours, to lOd; seconds, 9d to > Beef. —Ox: Hinds, : 4£d to sd; fores, to 4d. Cow: Hinds, 4d to fores, 3£d to 3gd. PIGS FROM CANADA. SHIPMENT FOR AUCKLAND, [from our own correspondent.] VANCOUVER, Feb. 8. Another shipment of purebred Canadian pigs has loft for New Zealand by the Waitemata. There aro five sows and two boars, the lot being consigned to Mr. Austin ' Carr, Auckland. Three breeds aro represented—University of Alberta, two Tamworth sows and a boar, Dominion Experimental Farm, two Yorkshire sows and a boar; and Shannon Bros., British Columbia, one Berkshire sow.