BUTTER MARKET STEADY

New Zealand Herald, Volume LXIX, Issue 21291, 19 September 1932, Page 5

BUTTER MARKET STEADY

LARGE QUANTITY SOLD FULL REQUIREMENTS UNSATISFIED A large quantity of butter -was bought from Auckland factories last week for September shipment at a lb. f.0.b., the ate ruling in the previous week. There lave been sufficient offers in tho market o purchase the whole of the available mtput, in spite of largely increased proluction this season. Some factories, howver, are holding out for at least Is- a b. f.0.b., while others are even more onfident and are relying upon consignneut. As yet no offers have been made >y agents for October shipment. In the meantime, reports from London ndicate a steady market for butter, but :heese is showing an easier trend. Merchants have received the following :ablegrams from their London houses, lated September 16:— Mr. H. S. Withers, from Mr. A. C. lowson.—Butter: 113s to 115s. The denand and the market are steady. Cheese: White, 655; coloured, 61s. The demand is low and the market weak. The New Zealand Producers' Co-opera-ive Marketing Association, Limited.— Gutter: New Zealand, 112s to 114s; unialted, 112s to 116s; Danish, 124s to ,265. Cheese: White, 655 ; coloured, 60s o 61s. Butter quiet; cheese slow. A. H. Turnbull and Company, Limited, rom W. Weddel and Company, Limited. —Danish butter, 124s to 1265; New Zeaand, finest salted, 112s to 115s; Austraian, 106s to 109s;; market firm. New Zea- | and cheese, white, 65s to 665; coloured, )0s to 625; market quiet. REPORT OF THE BOARD COMPARISON OF QUOTATIONS The New Zealand Dairy Produce Board ias received the following market report !rom its London office, dated September L 6, figures for the previous week being ;iveri in parentheses : Butter.—New Zealand: Salted, 112s, Llss to 116s (110s to 113s); unsalted, Ll2s to 116s (110s to 112s); 112s to 115s squals approximately llfd f.0.b.; first .vhey, 104s (102s) ; second whey, 102s (100s). Deliveries, New Zealand, this week 1342 tons; in store, 2997 tons, /.us:ralian: Salted, 106s to 109s (104s to Lo6s); unsalted, 106s to 110s (106's to L08s). Deliveries, Australian, 1291 tons; in store, 1095 tons. The market is firm. New Zealand retail price, Is 2d. ArgenLirje: Unsalted, 88s to 925, ex. 94s (88s to 925); steady. Danish: 109s f.0.b., 124s , to 126s spot (105s to 106s, 122s to 1245). Dutch: Unsalted, 120s to 1225; market quiet. Estonian: Salted and unsalted, 98s to 100s (90s to 925). Latvian: Salted, 98s to 102s (90s to 925); unsalted, 96s to 100s. Siberian: 94s (86s to 925). Ukranian: Salted, 86s to 90s. Lithuanian: Salted, 98s to 100s, ex. 102s; unsalted, 92s to 100s (90s to 98s); market steady. Danish retail price, Is 3d.. Cheese. —New Zealand: White, 65s to 665, 6 3-8 d f.o.b. (63s to 645); coloured, 60s to 625, 5 7-8 d f.o.b. (57s to 60s). Deliveries, New Zealand, 16,765 crates; in, store, 33,384 crates. South African: Coloured, 56s to 58s (545). Canadian: White and coloured, 66s to 68s (63s to 655); c.i.f., 67s (64s to 665). Deliveries, Canadian' 20,342 boxes; in store, 147,503 boxes. English finest farmers', 98s to 102s (96s to 100s). The market is quiet. New Zealand retail price, Bd. Tho board has also received the following advice from its agents in Canada: — Butter: New York, cents; Montreal, 22 cents. AUSTRALIAN EGGS SHIPMENTS SELL OUT (Received September 18. 5.5 p.m.) LONDON, Sept. 17 Two recent shipments of eggs from Victoria, New South Wales and South Australia have been sold at prices about 3s higher than those which prevailed at the beginning of the month, and actually about 3d above Belgians. Importers are highly satisfied with the quality, condition and package. The only complaint is regarding weights. _ These were obviously correct at the time of shipment, but owing to evaporation during tho voyage in some cases 171b. cases, when reweighed, touched only 16glb. Importers therefore suggest that a little extra weight should be given so that the casesshall contain tho full weight when they are sold here. Prospects for the season are regarded as favourable, provided that high quality is maintained, though Australians will meet with competition from large supplies of South African eggs, the first of which are to arrive next week. NEW COMPANIES DOMINION REGISTRATIONS Tho following private companies have been registered:— W. F. James, Limited, totalisator manufacturers and engineers, Dunedin. Capital, £15,000, in £1 shares. Subscribers: W. F. James, 14,999 shares; George Wilhelmsen, 1 shareMurdoch and Weathered, Limited, confectioners, Napier. Capital, £BOOO, in £1 shares. Subscribers: J. A. Weathered, 7999 shares; J. 11. Murdoch, 1 share. Woodlaw, Beech and Company, Limited, sawinillers, Invercargill. Capital, £SOOO, in £1 shares. Subscribers: Duncan Macpherson, 3000 shares; Donald Macpherson, 2000 shares. Bowman's, Limited, general engineers, Christchurch. Capital, £4OOO, in £1 shares. Subscribers: W. J. Bowman, 3999 shares; S. A. Bowman, 1 share. Cooke's Ritz, Limited, restaurateurs and caterers, Auckland. Capital, £2OOO, in £1 shares. Subscribers: W. A. Cooke, 1500 shares; Mary Eleanor Cooke, 250 shares; Ida Cumniings, 150 shares; Ida Gertrude Farrell, 100 shares. B. G. Nicholson and Sons, Limited, house furnishers, Napier. Capital, £2OOO, in £1 shares. Subscribers: B. G. Nicholson, 1600 shares; R. J. Nicholson, L. S. Nicholson, C. E. Nicholson and G. H. Nicholson, 100 shares each. Liberty's Open Warehouse, Limited, drapers and mercers, Napier. Capital, £2OOO, in £1 shares. Subscribers: A. Golding and A. Richards, 1000 shares each. J. A. White, Limited, garage and service station proprietors, Dunedin. Capital. £I6OO, in £1 shares. Subscribers: J. A. White and F. R. Loughran, 800 shares each. John Fairclough, Limited, ironmongery and hardware merchants, Napier. Capital, £ISOO, in £1 shares. Subscribers: J. Fairclough, 1450 shares; E'. F. Fairclough, 50 shares. F. N. Ford and Company, Limited, storekeepers, Napier. Capital, £I3OO, in £1 shares. Subscribers: F. N. Ford, 1140 shares; N. Ford, 160 shares. H. G. R. Braden, Limited, tyre merchants, Auckland. Capital, £I2OO, in £1 shares. Subscribers: H. G. R. Braden, 1199 shares; Doris Braden, 1 share. Gray and Merrall, Limited, furniture dealers, Auckland. Capital, £llOO, in £1 shares. Subscribers: F. W. D. Gray and E'. W. Merrall, 550 shares each. E. B. Ash, Limited, boot and shoe merchants, Wellington. Capital, £IOOO, in £1 shares. Subscribers: E. B. Ash, 800 shares; M. Ash, 200 shares. Dunsheath Machinery Company, Limited, machinery importers and merchants, Auckland. Capital, £IOOO, in £1 shares. Subscribers: B. J. Dunsheath and Jean Dunsheath, 500 shares each. United Traders. Limited, wholesale and retail merchants, Auckland. Capital, £SOO, in £1 shares. Subscribers: J. H. Southwick, 497 shares; C. W. Bryham, 2 shares; G. R. France, 1 share.