DAIRY PRODUCE

New Zealand Times, Volume XLIX, Issue 11253, 4 July 1922, Page 10

DAIRY PRODUCE

THE HOME MARKETS BUTTER AND CHEESE. The Department of Agriculture ihas re ceived the following cablegram, dated l9t instant, from the High Commissioner, London:— BUTTER. Market not quite so active. Prices somewhat irregular and fluctuating. Present quotations are:— New Zealand—July Ist, 228 a to 230 s per cwt (2s o£d to 3s per lb); June 24th, 2249 to 230 s per cwt (2s to 2s o£d. per lb); June 17th, 196 s to 200 s per cwt (Is 94 to Is per lb). Australian—July Ist, 226 s to 228 s per cwt (2s o\d to 2e Old. per lb); June 24th, 216 s to 222 s per cwt (Is lid to Is ll|d per lb); June 17th, 192 sto 196 s per cwt (is Sid to Is 9d per lb). Angentin© July l6t, 212 s to 218 s per cwt (Is 101 d to Is llid per lb); June 24th, 208 s to 218 s per cwt 10id to Is llid per lb). Irish —July Is tv 224 s to 226 s per cwt (2s to 2s Oid per lb). Danish —July Ist, 224 s to 228 s per cwt (2s to 2s Old per lb); June 24th, 220© to 230 s per cwt (Is llld to 2s Old per lb); June 17th. 200 s to 206 s per cwt (Is 9|d to Is lOd per lb). CHEESE. Market is less active, at increased rates. Official quotations are:— Canadian—July lat, coloured, new, 96s to 100 s per cwt (10£d to 10Jd per lb); white, 100 s to 102 a per cwt (102 a to lid per lb); June 24th, coloured, 94s to 93s i per cwt (10d to IOJd per lb); June 17th, coloured, 84s to 86s per cwt (9d to 9id per lb; white, 84e to 86s per cwt (9d to 9id per lb). New Zealand—July Ist, coloured, 100 a to 102 s per cwt (10Jd to lid per lb); white, Jo2s to 106 s per cwt (lid to llid per lb); June 24th, coloured, 96e to, 102* per cwt (10id to lid per lb); white,’ 100 s to 104 s per cwt (IOJd to lltd per lb); Jane 17th, coloured, 869 to 88s per cwt (9Jd to 9§d per lb); white, 86s to 90s per cwt (9id to 9|d per lb). Australian—July Ist, 96s to 100 s per cwt (lOlil to 10Jd per lb); June 24th, colourea, 88s to 94s per cwt (9£d to lOd per lb); white,. 92s to 94s per cwt (lOd per lb); June 17th, coloured, 80s to 84a per cwt (Bsd to 9d per lb); white, 84s to 86s per cwt (9d to 92d per lb). BANK OF NE.W ZEALAND. BUTTER SLOW. CHEESE FIRM. * The Bank of New Zealand, produce department, has received the following advice from it 9 London office, under date June 30th ult,t—"Butter—Slow. 224 sto 228 e per cwt. "Cheese—Quiet. Coloured, 98e to 102 s per cwt; white, 100 sto 104 s per cwt." ! N.Z. BUTTER 6s LOWER-. Dalgety and Co., Ltd., report having received the following cablegram from their London house, under date of the 30th ult. Butter—Since our report under date of June 29th, prices are lower;; 6s for New Zealand (now 2305), and 43 for Danish (now 2265). Cheese —New Zealand coloured 100 s, white 102 s, a reduction of 4s. Forward buyers are not operating on account of present 'high prices and uncertainty of the future.