BUTTER MARKET FIRMER.

New Zealand Herald, Volume LXVI, Issue 20271, 3 June 1929, Page 7

BUTTER MARKET FIRMER.

END OF WEEK RECOVERY. Further cablegrams received from London on Saturday by Auckland exporters of dairy produce confirm reports of the renewed strength of the liomo butter market. Dalgety and Co., Ltd., received the following cablegram from its London house. —Butter prices aro 2s higher, now 167s to 1695. A H. Turnbnll and Company received the following cablegram from its London principals, W. Weddel and Co., Ltd.— Butter: New Zealand, salted, 365s to 168s; unsalted, 165s to 170s Danish, 162s to 1655; market firm. Cheese: Now Zealand, white, 89s to 90s; coloured. 91s to 925; market quiet. Canadian, white, 104s to 110s; coloured. 104s to 108s •Joseph Nathan, Ltd., received tho fol lowing cablegram from its London house, Messrs. Trengrouse and Nathan.—Butter, 168s. Cheese, white, 89s; coloured, 91s. THE DAIRY BOARD'S REPORT. The New Zealand Dairy Produce Board has received tho following market report from its London office, dated May 31, the prices for tho previous, week being given in parentheses Butter.—New Zealand: Salted, 165s to 1675, up to 168s per cwt.; (165s to 1675); unsalted, 165s to 168s, up to 170s (164s to 168s) ; first whey, 156s (150s); second whey, 152s (148s). Deliveries New Zealand this week, 970 tons. In store New Zealand this week, 9750 tons. Australian: Finest salted, 158s to 162s (158s to 1625); unsalted, 160s to 164s (1585.t0 1645). Argentine: Finest unsalted, 158s to 162s (156s to 1625). Irish creamery: salted, 162s (158s to 160s) ; unsalted, 166s (162s to 1645). Danish: f.0.b., 157s (1575); spot, 162s to 165s (164s to 1665). Dutch: Unsalted, 160s to 1645. Esthonian: 158s to 162s (160s to 1625). Latvian: 158s to 162s (160s). Siberian: 154s (1545). Ukranian: 154s to 156s (1565). French baskets: Salted, 154s to 164s (152s to 160s). Market steady. Retail prices unchanged. Continued dry weather is causing uneasiness. Danish butter closed 3s, New Zealand, Australian and Irish butters 2s above official prices. Cheese. —Now Zealand : White, 89s to 90s (87s to 88s); coloured, 91s to 92s (88s to 89s). Deliveries New Zealand this week, 26,435 crates; in store, 145,700 crates. Canadian: White, 104s to 110s (104s to 110s); coloured, 104s to 108s (104s to 108s). Australian: White, 88s (87s); coloured, 88s to 89s (88s). Market quiet. Retail, prices unchanged. English finest farmers' cheese stocks small, nominal price. ■ Tho hoard has also received the following advice from its agents in Canada:— Butter: New York, 43 cents (Is 9 2 d); Montreal, 343 cents (Is 5 Stocks, 17 000 boxes; hist year, 10,j00 bo\es.