COMMERCIAL

Poverty Bay Herald, Volume LXIV, Issue 19364, 30 June 1937, Page 2

COMMERCIAL

BUTTER STOCKS INCREASE REPORTS FROM LONDON' Stored stocks of all butters in Lon-' * cion have increased during the past fortnight, with New Zealand stocks remaining almost unaltered. > Stocks of New Zealand declined slightly during the week to (1392 tons, nearly 1700 tons more than a year ago, ‘but during the past fortnight stocks of all butters increased by 2500 tons to 21,188 tons. Cheese stocks had also increased. The position regarding stocks and deliveries reported to the Dairy Board on Monday, covering operations last week, is shown in the following table:—

June 26 June 19 Last ■ < 1937 1937 year Butter Tons Tons Tons New Zealand 6,392 6,454 4.708 Australian .. 6,312 5,654 4,245 All stocks .. 21,188 19,635 21,101 Cheese Crates Crates Crates 1 New Zealand 72,781 74,975 103,622 Canadian .. 56,592 74,975 48,921 'June 12 .

London prices of butter at' the end of last week were as follow, the rates for the previous week being in parentheses: —New Zealand, salted 109 s to , 110 s (110 sto Ills), unsalted 110 s to Ills (Ills to 112 s): Australian, salted 107 s to 108 s (109 s to UOs),. unsalted 109 s (110 s): Damsn, f.o.b. 94s (955), spot 115 s .(116s); Dutch, unsalted 106 s to 109 s (106 s to 109 s): Polish, salted 104 sto 105* (105 s to 106 s).