BUTTER MARKET QUIET

New Zealand Herald, Volume LXXIII, Issue 22392, 13 April 1936, Page 5

BUTTER MARKET QUIET

HOLIDAY TONE DEVELOPS NO MOVEMENT IN VALUES FINEST AT 88/- TO 89/B tidiness in New Zealand butter in London is being influenced by the holiday tone iu the commodity markets. A Press Association cablegram from London states that owing to the Easter vacation markets generally are featureless. Butter is quiet and irregular, following a rise early in tho week. The Dairy Board's latest quotations show no change on those reported on Saturday New Zealand finest butter continues to sell at 88s to 80s per cwt., as against 77s to 78s at this period last year. Tho board has received tho following market report from its London olfieo, dated April 9, last week's figures being givey in parentheses:— Butter. —New Zealand, salted, 88s to 89s, equals approximately 10.30 d f.o.b. (87s to 88s); unsalted, 89s to 90s (80s to 87s). Deliveries: Ne\v J Zealand, 1598 tons (last year, 2168 tons). In store, 2597 tons (last year, 4815 tons). Australian, salted, 88s to 89s (86s to S7s); unsalted, 88s (80s t0.875). Danish, 85s f.0.b.; 108s spot (80s, 110s).«*Dutch, unsalted, 80s to 88s (85s to 88s). Polish, salted, 85s to 86s (Sis to 85s) ; unsalted, 86s ( —). The market is quiet. Retail prices are unchanged: New Zealand, lid; Danish. Is 2d.

Cheese. —New Zealand, white and coloured, 53s Gd, equals approximately 5,84 d f.o.b. (52s 6d and 52s 6d to 535). Deliveries: New Zealand, 4188 crates (last year, 18,459 crates). In store. 82,443' crates (last year, 156,302 crates). The market is steady. Tho New Zealand retail price is unchanged at 6d and 7d. Australian, \yhite and coloured, 50s to 52s (50s to 525). Canadian, white (quiet;, 61s to 625; coloured. 645. Deliveries: Canadian, 3348 boxes (last year, 3527 boxes). In store, 81,106 boxes (last year, 76,598 boxes). English, finest farmers', 74s tc 78s, steady; factory cheese, 49s to 50s (49s to 525).

MINIMUM F. 0.8. SCHEDULE BOARD'S RATES UNCHANGED [I!Y TKI.KGIt Al'H PRESS ASSOCIATION] WELLINGTON, Saturday Butter and cheese prices have been fixed by the New Zealand Dairy Board on the basis lid and s:]d respectively, equivalent to 80s Id and 49s 7d per cwt. c.i.f.e. The rates are'unchanged. FRUIT MARKET EASIER HEAVY ARRIVALS IN LONDON (Received April 12, 5.5 p.m.) LONDON, April 11 The fruit market in London has been falling, owing partly to the Easter holidays and partly to heavy arrivals from the Argentine and South Africa, and especially from America, apples and pears from which source are excellent.

BUTTER-FAT PAYMENT MAUNGATUROTO PRODUCTION [FROM OUR OWN CORRESPONDENT] WHANGAREI. Saturday The Maungaturoto Co-operative Dairy Company, Limited, will pay out for March butter-fat to suppliers on Wednesday £7883 at the rate of 9Jd per lb. superfine, as against £6395 for the same month in 1935, when the payout was 7-Jd per lb. for superfine. The company is experiencing one of the most" successful seasons for many years. Production for March of 114 tons showed an increase of 14 tons over that of the corresponding month last year. For the season to date a total of 978 tons has been manufactured, as against 925 tons over the same period last season. The Maungaturoto Company is one of the few factories in North Auckland to show an increase this year over the previous year's tonnage. Including the payment to be made on Wednesday, the suppliers of the company will have received £77,681 for the season, as compared with £54,193 over the same period in 1934-35. STOCK SALES TiRAU REALISATIONS [from our own correspondent] PUTARURU, Saturday Fewer entries than usual came before an average attendance of buyers nt the monthly stock safe conducted at Tirau by the Farmers' Co-operative Auctioneering Company. The chief interest centred in the cattle, of which there was a medium yarding. mainly comprising light, fat and for-ward-conditioned beasts. Competition was firm, and late rates were maintained in all classes. There was an average yarding of pigs, mostly weaners, but competition generally was dull. Sheep were not plentiful. fut ewes being the only entry. Prices:— Cattle: Fat cows, £4 5s to £4 15s: lighter cows, £3 10s to £4 2s; forward and killable Jersey cows, £'2 16s lo £3 8s; heavy boners, £'2 Is to £2 14s; lighter boners, to £1 18s; potter bulls, £'2 5s to £.l; three-year Jersey heifers, medium quality, £'s Ids. Pigs: Small stores, 14s Gd to 15s; woanors, 4s to 7s (id: Tamworth sows, £'2 10s to £3 10s. Sheep: Fat owes, to 17a Gd. VALUES AT M ATA M ATA Dnlgety and Company, Limited, report that at lhcir hi weekly stock sale at Matamata thiro was a good entry of all classes of stock, which was disposed of to a good bench of buyers at full market rates. Quotations: —Cattle: Fat cows. £4 10s to £6 2s; good-conditioned cows, 15s to £3 17s fid: boners, 35s to 525; potter bulls, £5 to £7; light medium, 30s to £3 10s; springing heifers, £9 9s; dairy cows, just calved. £fi; backward cows, £4; wenner Jersey calves. £3; inferior sorts, 30s to 455. Sheep: Fat lambs, to 2Gs; unfinished, 17s; a lino of ewo lambs, mixed quality, 18s 9d; small, 15s 7d. Pigs: There was a medium yarding of fat pigs, with a small yarding of store and weaner pigs. Owing to the Easter holidays interfering with killing arrangements, the usual bench of buyers was not present. Competition, however, was keen on good quality baconers and porkers. Quotations: — Good heavy baconers, £3 to £3 2s; medium, £2 lGs to £2 19s; lighter, £2 10s to £2 14s; buttermilk pigs, £2 4s lo £2 9s; heavy porkers and light baconers, 38s to £2 Gs; others, 23s to 275; choppers, 22s to 38s; good slips. 12s fid to 15s Gd; smaller, 10s to 13s; weaners, best, 8b to lis; others, Gs to 9s.

STORE SHEEP AT FRANKTON Dalgety and Company, Limited, report on their weekly store sheep enle at Frankton as under:-A small yarding of both ewes and lambs came forward, and sold at quite fair market rates, a total clearance being effected. Following aro the prices realised Small Komney ewe lambs, 17s lOd; small shorn llomny ewe lambs, 14s 2d; good wether lambs, forward condition, 17s 9d to 20s; sto re wether lambs, 13s 8d to lis 2d; small store lambß, 10s Od to lis 9d; medium two-tooth ewes, 325; mixed age ewes, 18s lOd to 23s 6d; aged ewes, 13s to 18s; small two-tooth wethers, 18s to 21s. RATES AT HIKUTAIA The Farmers' Co operative Auctioneering Company, Limited, report that at their fortnightly sale at Hikutaia a medium yarding of cuttle came forward. A fair entry of second Quality beef mot with steady competition, and sold on u par with lato rates, while boner cows changed hands at schedule rates. A small entry of store pigs sold on a pur with late Bales. Quotations:—Cattle: Heavy fat cows, £3 IGs to £1 2s; medium, £:} 7s to £3 15s; light, £3 to £'3 Cs; heavy boner cows. £2 to £2 19s; light, 20s to 395. Pigs: Store pigs, 12s to 15s Cd; slips, 9s to lis. NEW ZEALAND APPLES (Received April 12, 5.5 p.m.) LONDON, April 11 Fruit is in good demand. Now Zealand apples aro quoted as follows: — Worcesters, 9s to 12s; Alfristons, 8s 9d to lis; Gravensteins, 6s to 7» 3d.