Butter Market.

Opunake Times, Volume IV, Issue 190, 28 April 1896, Page 3

Butter Market.

W. Weddell and Co,s latest report on colonial dairy produce, dated London 18th March is :

Butter. —In choicest, the market is firm because of the great scarcity of xeally fine sweet butters, and owing to the short arrivals agents are inclined to hold the choicest factories for full values. It is a curious feature in connection with the colonial butter market that the fall of Danish instantly influences the value of Australian and New Zealand butters, while the rise will take days and weeks before it brings a corresponding increase in the value of colonial. This apparently unexplainable condition of things is due to the absence of any controlling committee to fix prices for colonial, The Danes can and do raise • or lower the price of butter at will, through the agency of the Copenhagen committee, and if a similar committee were formed to act on behalf of the interests of the Australian and New Zealand shippers of butter it would put many more thousands a year into colonial pockets. The cargoes of dairy produce in the Australia and Rnahine have been landed in good condition, though the fishy flavor and other inferior qualities, mentioned last week, are as conspicuous as before.

Cheese.—The market for Canadian remains firm for choicest at 44s to 45. but a large trade is beiog done at 40s to 41s in good but not choicest cheese. In New Zealands prices range from 86s to 41s. There are appearances that fine white cheese will soon meet a good demand.