BUTTER MARKET STEADY
LATEST LONDON VALUES.
MINIMUM OF 130s
DANISH PRICE EQUALLED.
A check to the weakening tendency of the London butter market during the week was indicated in cablegrams received by Auckland merchants yesterday. The market was stated lo be firm, with prices not lower than 1.305, whereas on the previous day - the range for finest grade was given as 123s to 130s. Danish was quoted in yesterday's cablegrams at J3os to 132.5, the latter figure being equalled by exceptional lines of New Zealand butter.
Dalgety and Company, Limited, report having received the following cablegram from their London house, dated May B:—Messrs. Samuel Pago and Soil report:—Butler: Danish butter market quiet. Australian and New Zealand top quotations exceptional New Zealand, finest salted, 128s 1325; Danish, 130s to 1325; Australian, finest unsalted, 130s lo 1325; finest salted, 126s to 130s; good uveruge quality, 120s to 1245. Clicsjsc: The market i.i quiet. New Zealand, white, 82s to 84s; coloured, 86s to 88s; Canadam, white, 92s to 100s; coloured, 92s to 98s.
Amalgamated Dairies, Limited, have received the following market cable imm their London ollice, dated May 8: Butter: Our official price unchanged (140s). Market slightly firmer Nothing now under 130s. Cheese: Some sellers asking, white 345, coloured BBs. Others selling down to 2s less. .Joseph Nathan, Limited, have received the following cablegram from their London house, dated May B:—Butter, 130s. The market is firm. Cheese: White, 82s; coloured, £6s. The market is quiet.
.Andrew Clement and Sons, Limited, are in receipt of the following cabled advice from their London office, dated May B:—Butler: Steady, 130s Cheese: Quiet, 83s to 87s. The Mamilius' and Port Brisbane have arrived
A Press Association cablegram from London, dated May 8, states:—The butter market is steady at easier prices. Danish is quoted at 130s. New Zealand 130s, Australian 128s. Tlio cheese market is quiet. New Zealand white is quoted at 83s, coloured 87;;; Australian, 81s to 84s.
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Bibliographic details
New Zealand Herald, Volume LXVII, Issue 20560, 10 May 1930, Page 9
Word Count
321BUTTER MARKET STEADY New Zealand Herald, Volume LXVII, Issue 20560, 10 May 1930, Page 9
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