DAIRY PRODUCE.

Pahiatua Herald, Volume XLIII, Issue 13179, 11 February 1936, Page 2

DAIRY PRODUCE.

BOTH MARKETS FIRMER. BUTTER”\T 975. The London butter market was firmer last week, with a further slight rise in prices, New Zealand finest salted closing firm at 96s to 975. Th© New Zealand retail price remains unchanged at Is a lb, and Danish at Is 2d. Deliveries of New Zealand butter last week totalled 2224 tons, compared with 1932 tons far the previous week and 2927 tons a year ago. Australian deliveries were 2314 tons, against 2427 tons a year ago. The Imperial Economic Committee’s estimated stocks of all butters in store is 464,893 boxes, compared with 374.898 boxes on January 24 and 387,554 boxes a year ago. New Zealand stored butter amounts to 3143 tons, including 025 tons ex Port Alma, compared with 4082 tons for the previous week and 3941 tons a year ago. Australian butt tain store is 3972 tons, against 2957 tons a year ago.

The c heese market was also firmer last week, with a very slight rise in values. Deliveries of New Zealand cheese last week totalled 20,911 crates, compared with 21,274 crates a year ago, while the quantity in store is 64,612 crates, including 11,400 crates ex the Rotorua, against 105,876 crates a year ago. Canadian deliveries were 3912 boxes compared with 5750 boxes a year now 119.759 boxes, against 113,499 boxes a year ago. The Dairy Board’s London office reports last week's closing quotations as follow, those for the previous week being shown in parentheses : BUTTER. New Zealand, salted (equals approximated v 11.31 d I'.o.bA, 96s to 97s (945: Februarv 1, 1935, 89s to 925); unsalted, 102 s < 102 s ; February 7, 1935, 94s to 965). Australian, salted, 95s up to 96s (935; ex. 945); unsalted. 100 s (98s). Argentine, unsalted, 92s to 97s (90s). South Africa, 91s to 94s (s). Danish, 104 s f.0.b., 15s spot (95s and 116 s). Dutch, unsalted, 96s to 107 s (93s to lOos). Polish, unsalted, 90s to 94s (88s to 91s) ; un salted, 92s (91s). CHEESE. New Zealand, white (equals approximately s.Bid f.0.b.), 53s to 53s 6d (535, ex. 53s 6d) ; February 7, 1935, 17s 6d to 48s) ; coloured (equals approximately '6.38d f.0.b.), 57s 6d to 58s (57s to 57s 6d ; February 7, 1935, 47s to 48s). Australian white, 50s to 52s (50s to 525) ; coloured, 54s to 56s (54s to 555). South African, white, 52s <s2s>. Canadian, white, 59s to 62s (59s to 625) ; coloured* G2.s to 64s (60s to 645) ; old season’s white, 65s to 68s (65s to 68s). English finest farmers’, 96s to 106 s (96s to 106 s). English factory, 48s to 54s (47s to 555). MINIMUM FO B. PRICES. The New Zealand Dairy Board has fixed the minimum prices for f.o.b. and c.i.f. sales on the basis of: Butter, lid, cheese, sfd. Minimum prices are subject to agents’ selling commission of Ip per cent. The prices are equivalent to 89s Id ci.if.e. for butter and 49s 7d c.i.f.e. for cheese.