BUTTER AND CHEESE MARKET.

Otago Witness, Issue 3017, 10 January 1912, Page 18

BUTTER AND CHEESE MARKET.

AUCKLAND, January 4. During the past fortnight 27,000 boxes of butter were received in Auckland for export. This quantity constitutes a record for butter received for one fortnight. Including the shipment mentioned, the quantity of butter exported for this season totals 165,682 boxes, against 158,263 boxes for the corresponding period last season — an increase for the present season of nearly 5 per cent. Should no set-back be experienced with regard to weather, it is considered a possibility for tho export of butter for the season to show an increase of 10 or 15 per cent. BUTTER VALUES RULING HIGH. Mr J. R. Scott, secretary of tho South Island Dairy Association, received on the sth the following cablegram from Messrs Weddel and 00., tho well-known London firm of importers of butter and cheese: “New Zealand butter, first grade, salted, 1365; unsalted, 1375; Danish, 1575. Market excited: further advance expected. Cheese; New Zealand, first grade, 745; coloured, 735. Market firm. Steady demand for secondary qualities ” SALE OF CHEESEELTHAM, January 5. Mr George H. Buckoridge, New Zealand representative for Henry A. Lane and Co., London, lias received cable advice of the sale of another parcel of the Hawera Factory cheese, which had taken prizes at. the Dominion show at Hawera, at a price equal to 6«d net to the consignors. This is believed to bo a record for Now Zealand cheese on the Home market, and is |d higher than tho price obtained fer tho sale of any New Zealand factory’s output, bo that open consignment is proving more profitable this season. This price is 2s per cwt hotter than that at which tho best Canadian was selling at the same time. Indications point to a further hardening in the cheese market MR J. R. scour’s MONTHLY CIRCULAR. TREND OF THE CHEESE AND BUTTER MARKETS. The following monthly circular on tho butter and cheese markets lias been compiled by Mr J. R. Scott, secretary of the South Island Dairy Association, under date January 4: — “Shipments generally, as yet, show a decline in butter, and not a great increase in cheese, but there now scorns a prospect of warm weather and sunshine, and with it wc may yet expect that at least our chccso shipments will show a considerable increase ou la»fc season’s.

“Shipments. —From the Dominion to London —December 14, Remuera, 53,775 boxes butter, 10,270 crates cheese; December 19, Kaikoura, 14,932 cheese; December 28, Oorinthic, 51,095 butter, 16,031 cheese; Pakeha, 4503 butter, 5660 cheese. The Norfolk sailed for West of England ports early this month with some 9000 crates cheese. This represents a decrease in butter of 13,000 boxes, and an increase m cheese of 5000 crates on corresponding shipments last season. Some 9000 boxes ot butter were shipped in December to Vancouver and San Francisco, and more could havo been sent if there was more butter to bo got. From Bluff to London—Pakeha, 3822 crates clicese; Paparoa, 4329 cheese. To West of England—December 18, Norfolk, 2792 crates cheese. From Dunedin for London —December 5, Remuera, 1480 boxes butter, 911 crates cheese; December 21, Pakeha, 2197 boxes butter, 688 crates cheese. For West 'of England—December 19, Norfolk, 1033 crates cheese. ' From Lyttelton for London —Remuera, 1270 boxes butter; Kaikoura. 652 crates cheese ; Pakeha. 1913 butter, 689 clicese. For West of England-—Norfolk, 450 clicese. From Tiniaru—Pakeha, 241 boxes butter, 200 crates cheese. ‘‘London Market.—Butter still maintains a high figure—New Zealand. 131 s; Australian, 1275; Danish, 1345. Wc are advised that the prospects for butter point to continued high prices, as no one can see where any relief to the present scarcity of finest butter is to come from, for, although Australian imports to Britain at the end of this year arc some 5000 tons in excess c.f last yearc, much of it cannot be classed ns finest, and I am proud to say nearly 90 per cent, of New Zealand butter is classed as finest New Zealand butter is being cleared at once—as fast as each steamer arrives.

“ 'Frisco and Vancouver continue fco appreciate our butter, and tin's trade is hound to inoroaso and l>e of the very greatest importance to New Zealand butter factories in future. “ CSiocse.— I The I/Ondon market is rising, and 71s is now t.bo price, with a further increase i,n prrioe expected. Supplies are very short from other quarters, and no re-

lief can be expected to the shortage for at least four months, and probably longer. “ Local Market.—Best factory butter, firm at Is; cheese, 61 cl, with limited demand, but sufficient to cleao: all coining to hand.”

Mr J R. Scott, secretary of the South Island Dairy Association, reports that the Corinthic, which sailed from Wellington on December 50, took 51,095 boxes of butter and 16,051 crates of cheese for the London market. The Pakeha, which loft Lyttelton on the 31st nit., carried about 14-,000 crates ot cheese, but th© butter figures have not yet come to hand.