BETTER MARKET QUIET

New Zealand Herald, Volume LXIX, Issue 21296, 24 September 1932, Page 14

BETTER MARKET QUIET

AN EASING IN PRICES E PERIOD OF INACTIVITY LOWER CHEESE RATES Prices for New Zealand butter on the London market liavc eased slightly during the week, the top quotation now j being 113s a cwt., compared with 116s 1 toward the end of last week. The market, j s which was steady last week, has weak- p ened, resulting in a period of inactivity. | i Tho clieeso market' is slow. New Zea- j land is quoted at 60s and 64s for coloured : a and white respectively, representing a; C decline of 2s during the week. The Press Association message from London states that the butter market is J quiet. Danish is quoted at 122s to 1245; ' choicest, salted New Zealand, 112s to ( 113s; Australian, 107s to 108s; unsalted New Zealand, 112s to 115s; Australian, | 107s to 109s. The cheese market is slow. New Zealand coloured is quoted at 60s; white, 645. J In tho corresponding week of August the market was quiet. Danish was quoted at 112s; New Zealand choicest salted, 108s to 109s; Australian, 100s to 101s; unsalted, New Zealand, 106s to 109s; Australian, 103s to 107s. The cheese market was slow. New Zealand coloured was _ quoted at 58s; white, 61s to 625; Australian, coloured, 56s to 575; white, 60s. A year ago both markets were firm and j there was an active demand. Danish was quoted at 1365; choicest salted New Zea- , land, 118s to 120s; Australian, 112s to j 114s; unsalted, same rates. New Zealand , cheese, white and coloured, were quoted at 65s to 665; Australian, white, 625; j coloured, 635. t Merchants have received the following , reports from their London houses, dated , September 22: Dalgcty and Company, Limited, from ( Samuel Page and Son. —Butter: New Zealand, finest salted, 110s to 114s; Danish, 120s to 1225; Australian, finest unsalted, 107s to 110s; finest salted, 104s , to 107s; general average quality, 96s to 995. Cheese: New Zealand, white, 64s to 655; coloured, 60s to 61s; Canadian, white and coloured, 65s to 68s; c.i.f- r i 68s to 70s, Both markets arc slow. Mr. L. McCartney, from Henry A. Lane and Company, Limited. —Butter: New Zealand, 109s to 114s; Australian, 105s to 107s; Danish, 106s, f.o.b. The market is steadier. Cheese: New Zealand, white, 645; coloured,-60s; Canadian, 68s c.i.f. The market is quiet. Nowdick Brothers, Limited, from Messrs. Whitcley, Muir and Zwanenberg, Limited.—Butter: New Zealand, 113s; Australian, 1095.' Cheese: White, 655; coloured, 60s. Both markets are quiet. W. W. Bowkcr, from A. J. Mills and Company, Limited.—Butter: New Zealand, finest, 113s to 114s; firsts, 108s to 109s; unsalted, 112s to 116s; Danish, 122s to 1245; Australian, 106s to 107s. The market is quiet. Cheese: New Zealand, white, 645; coloured, 60s; Canadian, white and coloured, 66s to 675; c.i.f., 68s to 695. The market is slow. Norden and Company, Limited, from It. and W. Davidson, Limited, Glasgow.— Butter: New Zealand, salted and unsalted, 110s to 114s, equivalent to 11.60 d a lb. f.o.b. Auckland. Cheese: White, 645; coloured, 60s to 61s, equivalent to 6.02 d and 5.65 d a lb., f.o.b. Auckland, respectively. Both markets are quiet.