BUTTER DROPS AGAIN

New Zealand Herald, Volume LXXVI, Issue 23281, 25 February 1939, Page 9

BUTTER DROPS AGAIN

NEW ZEALAND AT 118/FALL OF 4/- OVER WEEK SLIGHTLY MORE ACTIVE Prices for butler on the London, market continue to drop. Salted New Zealand is now quoted at 118s per cwt., which is 2s lower than the mid-week level, and ,4s , lower thpn the value ruling at the end of ljfst week. The market is slightly more active. Values are now 6s 3d below tlie guaranteed price equivalent of 1245. 3d per cwt. In spite of the present decline, prices are still os in advance of the level ruling a year ago. A Press Association message /sent from London on Thursday states that Australian salted butter is selling at 115s per cwt., which is also 4s lower than last week. Danish at 144s per cwt. also is 4s cheaper. In unsalted butters, New Zealand is at 122s and Australian at 118s per cwt. The cheese market is slow. New Zealand white and coloured are selling at 655, declines of Is 3d since last week. Australian white ranges from 60s to 623 per cwt., and coloured from 63s to 645. Recent quotations and those of. a, wear ago compare as follows: Feb. 24 Feb. 17 Jan. 27 Feb. 25 Butter— 1939 1039 1030 1938 New Zealand 118/- 122/- 324/- 113/- . Australian 115/- 116/-. 120/6 112/-' Cheese—N.Z.: White .. 65/- 66/3 68/- 67/Coloured .. 65/- 66/3 68/- 67/6 Australian: White .. 61 /• 61 /• 63/6 64/6 Coloured .. 63/6 63/9 64/6 65/The present price of 118s is equal to approximately 14.03 d per lb., f.0.b., New Zealand ports, compared with the guaranteed price of 14.89 d per lb., f.o.b. The London equivalent of the guaranteed price is 124s 3d per cwt. The equivalent price of cheese is about 7.35 d per lb., f.0.b., compared with the guaranteed price of 8.42 d. A. S. Paterson and , Company, Limited, quote:—Butter: The market is steady. New Zealand, 118s to 119s: Australian, llos to 116s; Danish, 141s. The market is slow. Cheese: The market is quiet. New Zealand, 64s to 64s 6d; Australian, 58s to 60s. THE CITY MARKETS FRUIT SUPPLIES SMALLER PEAS AND BEANS PLENTIFUL The glut in fruit which has been experienced at the Auckland City markets for some time appears to : be almost over, dnd yesterday not nearly such large supplies of fruit were available. Outdoor grapes made their appearance and choice hothouse grapes sold well. Pears and blackberries were in good demand, while peaches and apricots had a fair inquiry. Tomatoes met with a poor demand and sold at. lower prices. Few cauliflowers were marketed and brought very high prices, but cabbages, peas and beans were in good supply. The supplies of lettuce were heavy and there was a considerable increase' in kumaras. Carrot prices were easier, while choice lines of onions brought good prices. With heavy supplies of poultry, the prices for hens remained about the same, and cockerels and drakes met with a very poor demand. There was no change "in the prices for eggs. In' creased supplies of flowers were marj keted owing to the spell of warm weather and there was a slight fall in prices. Values were:— FRUIT Apples.—Albany Beauty, extra choice. 6s 6d to 9s a case; small, 4s to ss; Graven- ! stein, extra choice, 7s to 10s; others, 3s 6d to 6s 6d; Cox's Orange, 5s to 9s; Delicious, 2s 6d to ss; Ballarat, cookers, 2s 6d to 4s; pears, Packhams, 5s to 6s 6d; Bon Chretien, local, choice, 9s to 10s; others, 6s to 8s; Hawke's Bay, Os 6d to lis 6d; Louis Bons, Hawke's Bay, 10s 6d to lis 6d; tomatoes, extra choice, 5s to Us: others, poor, Is 6d to 4s; lemons, in good condition, 8s to 10s; others, os to 7s; mandarins, tree ripe, 4s to ss; bananas, ripe, 20s to 255; pines, Queenslands, 12s to 15s; grapes,- outdoor, 9s to 12s a crate; Hamburg, extra choice. Is 4d to Is 6d per lb; others, 6d to Is 2d; Coleman, extra choice, Is 9d; others, Is 2d to Is 6d; Muscat, Is 6d to Is 9d; peaches, Al and Stark, -3s to 5s 6d a case; J. H. Hale, 5s to 6s; Golden Queen, 4s to 6s: Others. 3s to 3s 6d; in crates, extra choice, 10s to 13s a crate; others, 7s to 8s; plumS, Grand Duke, 4s to 5s 6d a case; Satsuma, 3s 6d to 4s; Doris, 4s 6d to 7s; nectarines, Otago, 9s to 10s 6d.; apricots. South Island, 4s 6d to Ss 6d; blackberries, loose, 4d to 6d per lb; chips, 6d to SVid a chip; raspberries, Ss 6d a tin; passion fruit, 6a to 10s a case; quinces, 9s to 12s. FIELD PRODUCE • Beet, 6d to Is a dozen; celery, cooking, Is to is 6d a bundle; dessert, 2s to 3s; carrots, 6d to is 3d a dozen; cauliflower,. 10s to 14s 6d a sack; cabbage, 3s to 6s 6d; on benches, Is 6d to 2s Gd a dozen; cucumbers, Is to 4s a dozen; French beans, 3s to 6s a bag; stringless beans, 6s 6d to 10s 6d a bag; green peas, 4s 6d to 9s 6d; kumaras, Island, 14s to 16s per cwt; local, new season's, 2d to 2 3 /* d per lb; leeks, 6d. to Is a bundle: lettuce, 2s to 6s 6d a case; marrows, Is to 2s 6d a dozen; melons, 6d to 9d each; onions, choice, 7s to 8s a bag; medium, 4s 6d to 6s a bag; potatoes, Kangitikei, 10s to lis 6d; Ohakune, os 6d to 6s 6d; .pumpkins, Red Warren, 5s to 8s 6d a sack; parships, Is to Is 6d a dozen; radish, Is to Is 6d; rhubarb, Is 6d to 3s; spinach, 2s to 3s; spring onions, 6d to is 6d a bupdle; swedes, IS 6d to 3a a bag; turhips, 6d a dozen. POULTRY Cockerels, heavy breeds, prime, Ss 6d to 4s 6d each; not prime, Is Od.up; light.breeds, prime, Is 3d to 2s 6d; not prime, Is 6d up; fat roosters, heavy breeds, prime, 2s 3d to 3s 3d; light breeds, is 9d to 2s 9d: fat hens, heavy breeds, 2s 3d to 3s 6d; light breeds, Is 6d to 2s 6d; laying hens, heavy breeds, 2s 9d to 3s 9d; light breeds, Is Sd to 2s 6d; pullets, heavy breeds, best 5s to 7s; smaller, 2s up; light breeds, best, 4s Od to 6s; smaller, Is 9d up; drakes, voung, prime, Is 6d to 2s 6d; smaller, Is up; old, Is Od to 2s 6d; ducks, young, 4s to SS; old, Is 6d to 2s 6d: geese, 3s to ss; turkey hens, 5s to 7s; gobblers, 10s to 15s. BUTTER AND EGGS Eggs, hen, flrst grade, 2s l%d a dozen; second grade. Is 10% d; third grade, Is iy 2 d: duck, first grade, 2s OV 2 d a dozen; second grade, Is liy ? d; third grade, Is 4 1 / id. fariners' butter, is to Is 3d per lb, . . GRAIN AND PRODUCE CANTERBURY MARKETS- « [by telegraph—press association} CHRISTCHURCH, Friday The small seeds market in Canterbury is turning out very disappointing. Ryegrass of good germination, that is about 80 per cent, is practically the only lino for which there is much demand, and it is almost unprocurable. Quotations on trucks have advanced 6d in the last week to 4s 6d for Perennial and 3s for Italian. A few early lots of white clover have been threshed and the quality is good. The market has firmed slightly and quotations now are lOd to Is Id per lb. The cocksfoot market remains unchanged, with quotations at 6d both for Plains and Akaroa seed. In spite of lower prices the demand from the North Island is still not as good as might be expected. Red Clover is quoted at 6d for farmers' dressed seed. There was a large carry-over from last season in this line and stocks are sufficient to last until the new season f s crop comes on the market. After firming in the early part- of the"week to £5 10s. the potato market has eased again and is now very quiet with quotations at £5. Prospects of Australia lifting her embargo on NiJjv Zealand potatoes seem now even less encouraging than they were a week or so ago. The Sydney quotation for Tasmanian potatoes has come back £3 in the last week from £2l to £lB. With the New Zealand crop not ripening until April, Australian prices should be tending to harden rather, than to ease if .market conditions there are such as to warrant the removal ,of the embargo. The oats market is unchanged. ' "