LONDON PRODUCE MARKETS.
LONDON, February 19. Butter is meeting with improved inquiry, chiefly because the quality which the Government is distributing is excel lent. The consumption appears likely to increase, but the supplies are very heavy. A quarter of a million boxes arrived in one week. It is expected that the Government will maintain the present price till the middle of March, when a reduction will be made to 2s 8d or 2s 6d retail. It is expected that the fact of the United States taking a considerable quantity of Danish is causing prices to harden, but the British price is still 2265. The cheese trade is slow. The arrivals have been heavy. Five New Zealand steamers, with 102,000 crates, discharged, and 8500 Australian were also landed. Quotations: New Zealand, white, 148 s to 150 s; coloured, 154 s to 1565, occasionally 158 s ; Australian offering at 146 s to 1565. The Government stocks of cheese are estimated at 6000 tons.
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Bibliographic details
Otago Witness, Issue 3495, 1 March 1921, Page 25
Word Count
161LONDON PRODUCE MARKETS. Otago Witness, Issue 3495, 1 March 1921, Page 25
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