BUTTER PRICES FIRM

New Zealand Herald, Volume LXXV, Issue 22955, 5 February 1938, Page 11

BUTTER PRICES FIRM

RECENT RISE MAINTAINED NEW ZEALAND AT 109/- CWT. STEADY LEVELS IN CHEESE The butter market in London has held tho rise recorded earlier in the week. The wholesale price o£ New Zealand at the close of business on Thursday was 109s per cwt., 3s higher than at the same time in the previous period, Australian butter has also improved and Danish is steady. The outlook remains encouraging, owing to the comparatively small stocks in London and shortages in several countries. A Press Association message sent from London on Thursday states that tho butter market is firm. Danish is quoted at 126s per cwt.; choicest salted New Zealand, 109s; Australian, 108s; unsalted, New Zealand, 112s; Australian. 110s to Ills. The cheese market is steady. New Zealand white is quoted jit 68s per cwt.; coloured, 68s (3d; Australian, white, 65s to 65s 6d; coloured, 66s to 66s 6d. llecent quotations and those of a year ago compare as follows: Feb. 3 Jan. 27 Jan. 3 Feb. 3 Butter— JIMS ls>3S 1938 1U37 New Zealand IU9/- IOU/- 111/O «7/G Australia . 106/- 100/- 109/0 feO/O Danish .. 120/- 120/- 14U/- 119/Cheese —N.Z.: While . . OS/- 07/- 04/3 51/Coloured . . OS/6 07/9 04/U 51/Canadian: While . . - 72/(3 71/6 Coloured .. The basic rates fixed under the New Zealand guaranteed price scheme, subject to quality differentials, are 123s 8d for butter and 70s 4id for cheese per cwt., f.0.b., New Zealand currency. The equivalent landed price for butter in London is 112s and for cheese 675. The guaranteed prico for butter is equal to 13.25 d per lb., f.0.b., and the current London quotation is equal, to 12.93 d, New Zealand ports. The equivalent price for cheese is around 7.62(1 per lb., f.0.b., compared with the guaranteed price of 7.54(1. A, S. Paterson and Company, Limited, quote:—Butter: The market is firm. New Zealand, 109s; Australian, 108s; Danish, market steady, 1275. Cheese: New Zealand, white, 68s; coloured. 695; Australian, white, 65s 6d; coloured, 66s 6d. ———————j THE CITY MARKETS

RAIN SLOWS DEMAND LARGE QUANTITIES .OF FRUIT Fruit sales at yesterday's markets were depressed, owing to the wet weather. Large quantities were available, but the demand was weak and prices were low accordingly. Apples and pears in particular were slow in selling. There are large stocks, of Bon Chretien pears arriving, but they ure fetching poor prices. Gravensteins were also cheap, only choice, highly-coloured fruit being wanted. There are fair quantities of field mushrooms to hand, and they are meeting with a brisk demand. Fear of brown rot developing caused the demand for peaches, plums and nectarines to be very poor. Greengages from Otago are arriving in good quantities. Lemons were down, and tomatoes were still slow of sale, although prices improved a little. Oranges were slow of sul,e. There was little demand for hothouse grapes. Unexpectedly large supplies of raspberries were available, and prices were fairly low. The Niagara will arrive on Monday with her Usual shipment of Fiji bananas. There were heavy supplies of potatoes and prices were lower.;. Good quality celery sold well. New season's kiuharas brought lower prices, being to hand in large stocks. Pumpkins are still a glut on the market. Ample supplies of cabbage, cauliflower, peas ' and beans were available. Lettuce realised high prices. * There was a fair demand for poultry, which was in medium supply. Prices for heavy hens were a little better, but other lines were unaltered. Egg prices remained constant,, Values are: —. FRUIT Apples, Albany Beauty, choice, 7» to Os; others. -Is to (is; Gravenstein, 3s to (is; cookers, 2s (id to 4s; windfalls and others, Is (id to 2s (id; pears, Bon Chretien, 4s to (is Ud; tomatoes, outdoor, extra choice, smooth, 3s to 3s Oil; others, Is to 2s; oranges. Australian, 21s to 275; Californiaii, 30s;' Jamaican, 22s to 255; lemons, choice, cured, 10s to 15s; others, 5s to Os; bananas, ripe, lis to 225; (Crapes, hothouse. Hamburg, extra choice, !ls.3d to Is 7d per lb; others, Stl to is per lb;.poaches. Paragon. 3s to 3s (id a case; crates, 5s to Ss a crate; others, •_'s (id to 3s a case; plums, Burbank, 2s Gd to 3s (id; Satsuma, 3s to 4s; Purple King, 4s to 7s Gd; Doris, 3s to ss; Greengage, 4s to 5s (id; others, 2s (id to -is; nectarines, choice, 5s to 8s; strawberries. Captain Cook, 3s 3d to Is 5d a chip; blackberries, 5(1 to lOd a chip; raspberries, 4s (id to 5s a tin; cape gooseberries, Jd to <iVid per lb; black currants, 10s (id to lis a case;.red currants 4s (id a tin; mushrooms, according to condition, 7d to 2s per lb. FIELD PRODUCE Beet, Sd to is 3d a dozen; celery, cooking, Is to Is Gd a bundle; dessert, 2s to 2s Ud a bundle; carrots, Od to Is 3d a dozen; cauliflowers, 5s to 7s a sack; cabbages, 5s ttd to Ss (id a sack; cucumbers, Gd to Is a dozen; French beans, 2s to 4s a bag; stringless beans, 4s to Os a bag; kumaras, new season's, 2d to 2V=d per lb; green peas, 4s to Os a bag; lettuce, 7s to 13s a case; marrows; Is to 2s a dozen; melons, water, (id to Is (id each; onions, Is to 5s a bag; potatoes. No. 1, 3s <>d to 11 bagf; 2, Is to 2s (>d a bag; Ohnkune, (is to 7s a bag; pumpkins, Red Warren, 3s to 6s fid a sack; parsnips, Is to Is (id a dozen; radish, (id to Od a dozen; rhubarb, Is Gd to 2s Gd a dozen; spinnch. Is to 2s a dozen; spring onions, Od to is Od a bundle; swedes, 3s Gd to 5s a bag; turnips, Gd a dozen.

POULTRY Cockerels, heavy breeds, prime, 3s to -Is fid; not prime, 2s to 3s; light .breeds, prime, Is (id to 2s Gd; not prime, Is to 2s; fat roosters, heavy breeds, prime, 2s to 3s; light breeds, Is to Is fid; fat hens, heavy breeds, •>s !>d to -Is; light, breeds. Is fid to 2s; pullets, heavy breeds, best, 5s to (ss; smaller, 2s. up; light breeds, best, -Is to (is Gd; smaller, 2s to 3s; drakes, young, prime. Is fid to 2s; smaller, Is to Is fid; old, Is to Is Gd; ducks, young, Is to ss; old, Is to Is fid; geese, ss; Turkey hems, 8s; gobblers, 15s. BUTTER AND EGGS Eggs.—Hen, A grade, Is OVjd a dozen; B grade, Is sV' a d; C grade, lOVid. Duck: A grade. Is O'/id; B grade, Is s"id; C grade. Is 0!/ s d a dozen. Farmers' butter: lOd to 1» 2d per lb: i OPOTIKI MAIZE CROPS HEAVY YIELDS EXPECTED [by telegraph —OWN correspondent) OPOTIKI, Friday Maize crops throughout the Bay of Plenty are. considered to be the most promising for many years as a result of the mild winter and early spring. Sowing was much earlier than usual and the crops generally got a very good start and were a good height before tlip hot, dry conditions prevailed. As a result they were not retarded, except in a few* localities where tlie ground is stony. The crops are cobbing well and should ripen very early. The yields are expected to be considerably above the average of the last few years. BRADFORD MARKET LONDON, Feb. 3 The Bradford market is steady with a firmer tendency. Business is small. Following are to-day's quotations and those of recent weeks: — Jan. 13 .Tan. 20 ,Jan. 27 Feb. 3 per lb. per lb. per lb. per lb. d d d d Seventies .. 20 20 28% 28>a Sixty-fours .. 27Vi 27' A 27 27 - Sixties .. 20 2<> Fifty-eights 23' i 23 l 4 23 23 Fifty-sixes .. 22'/ a 22 Vi 22 22 Fifties .. lbVa 18Va 17'/a 17/4 Fort,v-sixe» .. MS *lB 'l7 *l7 Fortiei .. *lB *lB *l7 *l7 •Nominal.