COMMERCIAL

Poverty Bay Herald, Volume LXI, Issue 18583, 18 December 1934, Page 6

COMMERCIAL

THE BUTTER MARKET Stocks of New Zealand butter held in London declined by .113 tons last week to £OB9 tons, after 2054 tons had been delivered. Australian stocks declined by 250 tons, to 3183 tons. Retail prices remained at 9d and 10d per lb. for New Zealand butter and Is 2d to Is 3d for Danish. The Imperial Economic Committee's estimate of stocks of all butters was 664,885 boxes, compared with t 139,972 boxes a year ago. Dairy Board’s quotations from the London market on December 14 v r.re:— New Zealand, salted 69s to 70s, unsalted 72s to 745; Australian, salted 68s to 695, unsalted 70s to 71s; Aijk'ii-t-ine, salted 68s to 70s; Danish, 106 s f.0.b., 126 s spot; Dutch, unsalted C6s to ICOs. A firmer tone has developed in Ihe market for New Zealand butter, according to advice received to-day, and an advilnee of Is per cwt. has taken plaee si nee yesterday’s advice. Messrs. Joseph Nathan and Company report to-day as follows: —“Butter, tils to 70s; the market is firm. Cheese, white, 42s fid, colored 425; the market is firm.’’ BRADFORD .WOOL MARKET (Received Dec. 18. 2 p.m.) LONDON. Dec. 17. The Bead font wool market is limp btlt business is limited, as users are well covered. Owing to the main ladder line of flic Brian Boru dredge requiring repairs, the dredge is being closed, and will not resume until the New Year, states a Grcymmith message.