COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 19132, 29 September 1936, Page 3

COMMERCIAL

LOWER BUTTER STOCKS MORE AMERICAN BUYINGA reduction of stocks of New Zealand butter in London and move activity iir the purchase of Continental nuttier for America, are satisfactory points reported by Tooley street merchants. The Dairy Board quotes tlio following advice from London dated September 25:—"The market is linn this weekend for salted. American buying ol ("ontinorital -butler is more active this week, principally Polish and Dutch butters. Butter retail prices are nominally unchanged, but New Zealand InUteiy alls Id is becoming fairly general.” New Zealand was selling retail at Is 2d and Danish at Is 3d.

The following quotations were given in the same advice, the figures, in parenthesis being the prices for the previous week New Zealand, sailed, 83s’ to 103 s (IC5m to ICSs).; unsalted 88s to 100 s (104 k to lOSs) ; Australian, salted, 98s to 100 b (105 s to 105 s); uusalted, 88s to 102 s (lCls to 106 s): Argentine, unsaltod, 88s to 94s (94s to 98s); Danish, f.0.b., 88s (ids to 103 s); spot, 120? to 121 s: (121 s); Dutch, unsalted, Q4fi to 101 s (98s to 101 s) ; Estonian, unsalted, 86s; Siberian, sailed, 92s to 96. s (102 s to 103 s) ; Ukranian, salted; 92s to 95s (102;-,) ; Polish, salted', 78s to 82s (36s to 88s); unsaltod, 80s to 82s (86s); Lithuanian, uusalted, 955. Stocks of New Zealand were reduced by 440 tons during the week to £C93 tons, after 1983 tons bad been delivered. Deliveries the previous week totalled 1835 tons, while a veal- ago the total was 18C9 toils. Australian deliveries totalled 892 tons, while 1141 tons remained in store, compared with 3423 tens the previous week and 1620 tons a ‘year ago.