LONDON DAIRY PRICES.

New Zealand Herald, Volume LXVII, Issue 20656, 30 August 1930, Page 7

LONDON DAIRY PRICES.

STEADIER TONE IN BUTTEft CHEESE MARKET FIRM. Joseph Nathan and Company, Ltd., has received the following cablegram from its London house, dated August 28:—Butter steady. Cheese firm. Prices unchanged. Andrew Clement and Sons, Ltd., has received the following cablegram from its London house, dated August 28:—Butter: 1265. Market steadier. Cheese: [White, 725; coloured, 775. Market firm. Amalgamated Dairies, Ltd., has received the following cablegram from its London office, dated August 28: —Butler: New Zealand, finest, 127s to 130s. Steadier tone continues. Cheese: White, 725; coloured, 765. Market steadier. W. W. Bowker has received the following cablegram from his London office, dated August 28:—Butter: New Zealand, finest, 1265; first grade, 1245; finest; stored, 1245; Australian, 124s to 1265; Danish, 142s to 1445. The market 13 steadier at the decline. Cheese: New Zealand, white, 71s to 735; coloured, 76s to 78s; Canadian white, 70s; coloured, 73s <.i f. Dalgety and Company, Ltd., has received the following cablegram from its London house, dated August 28:—Butter: New Zealand, finest salted, 124s to 128.5; Danish, 142s to 1445; Australian, finest unsalted, 126s to 128s; salted, 124s _ t-> 1265. The market is dull. Cheese: New Zealand, white, 72s to 745; coloured, 76s to 78s; Canadian, white, 79s to 80s; coloured. 79s to 80s. A Press Association cablegram fiom London, dated August 28, says:—The London butter market is quiet and tending to be easier. New Zealand best salted is quoted at 124s to 128s; unsalted, 140s to 1455; Australian best salted. 122s to 1265; unsalted. 130s to 1365; Danish, 1435; Argentine, 118s-to 1245. The cheese market is steadier. New Zealand coloured is quoted at 76s to 78s; white, 72s to 735. THE WILTON MINE. PREPARATIONS FOR OPENING. f IIV TELEGRAPH. —OWN CORRESPONDENT. ] NGARUAWAHIA, Friday. The development of tho Wilton mine is responsible for a scene of activity at Glen Massey. Tho main adit has been driven well in, and crosscuts are being now driven so that the mine will bo ready for working as soon as the tram and railway, lines have been completed. A large number of men is busily employed on this work. FINANCING DAIRYMEN. • ASSISTANCE FOR SUPPLIERS. tnY TELEGRAPH. —OWN CORRESPONDENT.] HAMILTON, Friday. Referring to the New Zealand Co-opera-tive Dairy Company's efforts to. assist its suppliers to obtain finance with which to purchase stock and manures, Mr. Dynes Fulton, chairman of directors, said the £150,000 arranged for with the Rural Credits Board had been taken up, and in order to further assist suppliers 12,500 shares had been taken in the new Finance Corporation. In addition, the Dairy Finance Company, which was operated by the New Zealand Dairy Company, was also making advances to suppliers. Mr. Fulton said that the interest charges made by these concerns were less than those which 'the pioneers had had to pay to the stock firms which financed them. BRISTOL'S DEVELOPMENT. NEW SUPER-POWER STATION. The whole South-west of England is being electrified from the new super-power station at Portishea-d, Bristol. The industrial development which is taking place in Britain is confined to the South of England, and Bristol, with its three sets of docks at Avonmouth, Portishead and in the city, is able now to provide the two essentials of industry —cheap power and cheap transport. The railway facilities at Bristol are being revolutionised, and an up-to-date goods depot has been constructed. The vast area to be covered by the scheme includes -the whole of South Wales, the counties of Hereford. Somerset. Devon, Cornwall, Dorset, Wiltshire and parts of the counties of Gloucestershire and Oxfordshire, and the Isle of Wight. The extent of the area is 17,090 square miles, and the population at the last census was approximately 6,164.180*

LINEN INSTEAD OF COTTON.

NEW GERMAN TREATMENT.

A new chemical process for separating

the complete fibrous contents of flax from the straw has recently been invented in Germany by Reinhold Geiss, of Munich, according to the New York Herald Tribune. The flax produced is soft and lustrous and while retaining all its strength (twice that of cotton) can be produced at 30 per cent, less than the cost of cotton fibre. The material, fully decorticated and degummed, can be employed directly on the, ordinary weaving machine in any cotton 'mill and will produce a linen that is said to be cheaper than cotton cloth, but of greatly superior texture and beauty. The Geiss process consists of boiling and steeping the raw material for a short time in water, to which certain chemicals have been added. The chemicals have 110 detrimental effect on the finished product, and are so cheap that they hardly enter into consideration. After this treatment, the mass is carefully rinsed and dried in simple machinery. Even coal for the heating process is eliminated, as the refuse of the plants is utilised as fuel. The finished linen yarn spun from this stock is excellent for all kinds of cloth where cotton is now used—for sheets, undergarments for men, cord material for pneumatic balloon tyres, aeroplane fabrics and the finest table linen. The •whole process takes but two hours. It is beginning to be used with success in England and Germany, and a large motor manufacturing company lias opened negotiations for the rights for the United States. _ The inventor claims that his process gives an annual yield of 4001b. of defib rated flax to the" acre, against the averago cotton yield of about 1701b. an acre^ FEILDING STOCK SALE. [by telegraph.—PßESS association.] FEILDING . Friday. The high prices reached last week were almost maintained at the stock sale to-day. with fat sheep and dairy rattle, of which there were large yardings. Store sheep and store cattle sold at fairly Rood figures. Fat hoggets, extia prime, made 30s; prime, '27s to 27s 9d; good quality, 21s Gd to 225; medium, 18s 9d; poor, 35s to 17s; fat wethers, prime heavy two-tooths, to 275; pood, 21s to 21s 3d. Many lines were passed. Fat ewes, priinest offered, made 25s to 2Gs Od; prime, good weight. 22s to 23s Id; medium, 19s 8d to 21s Cd; fair condition, 13s lid to las Od. Stores: An odd pen of four-tooth ewes running with Itomney rams made '2Bs (id; wether hoggets, good, 17s to 18s Sd; medium. K,s Id: small. 12s 9d; ewe hoggets, good. 24s 8d to 25a tid; fair, 22s !)d; small. 13s 10c!; empty ewes. 8s fid.Dairy heifers of good quality. £l3 to £l3 17a (id: good. £lO 5s to £l2: fair. £9 ss: inferior. £5 to £9. A small line of purebred heifers sold nt £l4 10a to £lfi los; cows, good, £lO to £lO 15s; medium, £S to £9: inferior. £7; store cattle. IS months Polled Angus steers, to £5 15s; Jersey wearier heifers. £2 to £5 10a; empty cows, £3 10s; fnt Shorthorn bullocks, £ll ss; Shorthora steers, .fc'll 10s; llolstcin steers, £9 ss.