RETAIL BUTTER PRICES

New Zealand Herald, Volume LXXIV, Issue 22900, 1 December 1937, Page 9

RETAIL BUTTER PRICES

REDUCTION IN LONDON MARKET TONE STEADY AUSTRALIAN OUTPUT RISES v A further reduction in the retail price of New Zealand butter in Lont] don has been mad<?, following the ~ steady decline in market values. The New Zealand retail rate has been lowl_ ered by Id per lb. to Is 3d, with a further reduction to Is 2d expected at the >_ close of last week. Danish also is sell- _ ing Id cheaper at Is 4d per lb. This j| has had the effect of steadying the market at the lower price of from 114s ,1 to 115s per cwt. Stored stocks of New Zealand butter have fallen from 4338 tons a week ago to 3708 tons. The fact that stocks are still comparatively short is shown by the estimate of the Imperial Economic J Committee of all butters in store at - 430,457 boxes, compared with 830,906 ii boxes last year. f Australia is rapidly recovering from , the setback suffered from recent droughts. Production in Queensland is 5 showing a steady increase, with the promise of further expansion each week v from now onward. In New South Wales 3 the output in October increased in practically the same manner as in 1936, and it was anticipated that the Novems bcr figures would show a substantial increase over those for November last 1 year. In West and South Australia pro- . dnction was showing a substantial fall, s but increased quantities were manufactured in Tasmania. B.v arrangement with the Primary - Products Marketing Department, the l Dairy Board supplies the following information for the week ended Novemx her 27, figures for the previous week 5 being given in parentheses:— Butter. —New Zealand: Salted, 114s 3 to 115s (120s to 1225); unsalted, 118s i to 120s. Deliveries: New Zealand, 1780 1 tons (last year, 1560 tons); in store, [ 3708 tons (last year, 3063 tons). Australian, salted, 112s lip to 113s (120s j to 121s); unsalted, 116s to 118s ■ (1265). Deliveries: Australian, 1040 r tons (last year, 1139 tons); in store, 1424 tons (last year, 1716 tons). Argentine, unsalted, 106s to 108s (—). The market is quiet. Danish, 1235, f.0.b., 143s to 144s spot (120s. 142s to 1445), ' The market is steady. Lithuanian, unsalted, 116s ( —); Polish, salted and un--1 salted, 105s to 106s (113s to 114s). The market is slow. Cheese. —New Zealand: White, 68s 6d to 69s (7.1s to 71s 6d); coloured, 67s 6d to 68s (70s to JOs 6d). Deliveries: New Zealand, 9737 crates (last year, 9994 crates); in store, 35,306 crates ' (last year, 36,669 crates). Australian, white, 66s to 67s (68s to 69s 6d); coloured, 65s to 66s ( —). Canadian, white, 72s to 73s (72s to 735); coloured, 72s to 74s (73s to 745); c.i.f.. 69s (68s). Deliveries: Canadian, 13,531 boxes (last year, 11,476 boxes); in store, 156,357 boxes (last year, 122.973 boxes). The market is quiet. New Zealand retail price unchanged. 9d. English finest farmers', 94s to 96s (92s to 945); factory. 53s 6d to 55s 6d (51s Od). The market is steady. PRODUCTION IMPROVES HERD-TESTING FIGURES OCTOBER COMPARISONS [rrioM OUR owx correspondent] HAMILTON, Tuesday A further marked improvement in butter-fat production is noted in the New Zealand Co-operative Herd-Test-ing Association's returns for October, . compared with the figures for the corresponding month of last year. There was a reduction, however, in the number of cows tested. In October, 1937, 92,780 cows were tested, the average yield being 8461b. milk and 37.21b. fat. The test was 4.40. For the same month last year the association handled 98,538 cows, the production equalling 8291b. milk and 35.71b. fat a cow, with a test of 4.31. In October, 1935, 86.331 cows were tested, the average production being 7SOlb. milk and 33.41b. fat. The test was 4.28. Four groups, Hoc-o-Tainm, 578 cows, Manawaru, 1747 cows, Ngarua, 715 cows, and Te Awamutu, 1002 cows, were equal in securing the highest place with an average of 421b. fat a cow. Five herds shared the honours for best position, the average production per cow in each being 551b. fat. THE CITY MARKETS FRUIT FROM ISLANDS POULTRY PRICES LOWER The City Markets were busy yesterday handling fruit brought by tho Matua, the shipment including a large consignment of bananas from Fiji. Samoa, Tonga and Rarotonga* There j were also ■ watermelons, pineapples, I pumpkins, kumaras, pawpaws, Avocado i pears and coconuts. Strawberries, hot- | house tomatoes, cherries and oranges | sold well, while large quantities of good quality gooseberries were marketed. | Values for lemons and New Zealand i grapefruit improved. The arrival of j apricots and cooking plums was a : feature of the market. In the vegetable section cabbage and ! cauliflower arc still in over-supply. New potatoes, green peas and beans j arc in heavy supply, with prices a ! little lower. Lettuce sold well at recent ; rates. Carrots and parsnips, however, I continued to realise high prices. \ The supply of poultry was fairly ; heavy, while the demand was not as I keen as usual. Prices dropped considerably. Values are:— FRUIT Apples, Dougherty, <ls Gd to 8s a case: Sturmer, lis lo 12s; Canadian, Jonathan 235, Delicious 21s lo 225; pears, P. Barry, 8s to !>s; Winter Coles. Winter Nclis, Us to 12s: tomatoes, hothouse, extra choice, S/jd to Od a lb; others, Id to 7'4d; oranges. Australian, to 27s a case; grapefruit. New Zealand, extra choice, 10s to 12s (.id; others, 5s to 8s; lemons, choice, cured, lis to 12s; others. Is lo 7s; bananas, ripe, 20s to 20s; originals, 15s to 2:(s; pines, Fiji. 10s to 13s; grapes, California)!, Red 27s <id a chest, white 255, black 355; plums, cooking, 4s to Is (id a case; Apricots. Thames, Is to 8s; strawberries, Captain Cook, extra choice, Is !V a d to Is (id a chip; others, Is 3d to Is 4d; Marnueiile, extra choice, Is 3d to Is Id; others, yd to Is 2d; loganberries, Od to Is Id; gooseberries. 5s (Id (o Gs lid a case; cherries. 0s lo 12s (id; mushrooms, 2s to 2s Gd per lb. FIELD PRODUCE Asparagus, 5d to t)d a bundle; beet, 8d to Is"3d a dozen; broad beans, 2s Gd to 4s (id a bag; carroty Is to 2s a dozen; cauliflowers, Is (id to 3s a suck; cabbages, Is to 3s; on benches, (id to Is a dozen; cucumbers, 2s (id to (is a dozen; French beans. Is to Os a bag or case; green peas, 4s to 7s Od a bag; kumaras. Island, lis to 17s per cwt.; leeks, 3d to (id a bundle; lettuce, 2s to 7s a case; marrows, 2s to Gs a dozen; onions, Canadian, His to Ills a bag; potatoes, No. 1, . r >s (id to 8s a bag; No. 2, 2s to 4s; pumpkins, 20s to 25s per cwt.; Island, 8s to 15a; parsnips, Is (3d to 2s 3d a dozen; radish, Gd to Is; rhubarb, Is Gd to 3s; spinach, 8d to Is; spring onions, Btl to Is Id a bundle; turnips. Gd to Od a dozen. POULTRY Cockerels, heavy breeds, prime, 3s (id to ss; not prime, 2s to 3s Gd; light breeds, prime, 2s Gd to 3s Gd; not prime, 2s to 3s; fat roosters, heavy breeds, prime, 3s to Us Gd; light breeds, 2s up; fat hens, heavy breeds, 2s (id to 3s Gd; light breeds, 2s to 2s lid; pullets, heavy breedß, best, 3s Gd to (is; smaller, 3s up; light breeds, best, 3s Gd to 4s Od; smaller, 2s up; drakes, young, prime, 2s Gd to 3s Gd; smaller, 2s up; old, 28 to 3s; ducks, young, 2s lo 3s; old, 2s up; cockerel chicks, heavy breeds, Gil to is Gd; light breeds, Id to Is 3d BUTTER AND EGGS Eggs, hen, A grade, 1s 7 1 / £ d a dozen; B grade, Is OVari; G grade, Is 0V s d; duck, A grude, Is G l / a d; B grade, Is s'/ 3 d; C grade, la lVid. Farmers' butler, la to Is l'/id a lb.