COMMERCIAL

Stratford Evening Post, Issue 36, 14 February 1929, Page 8

COMMERCIAL

DAIRY PRODUCE, Messrs A. H. Turnbull and Co., of Christchurch report as under. The following are the top London quotations for the January 12, 19, 26, February J respectively : . „ Danish butter 1965, 1925, L- Js > 1925, 1965. / New' Zealand unsalted 1965, Dos, 1945, 190 s, 188 s. Now Zealand salted 188 s, lßGs> 184 s, 184 s, 182 s. r , I Cheese wMte 955, 945, 925, 9is, 91 s. Coloured 975, 965, 95s 955, 945. Butter.—The steady .Advance m values which was maintained throughout December has not continued. Alter touching 188 s per cwt. early last month, New Zealand salted butter, quotations hav e shown a. slow but steady decline, the latest top quotat- , • cw t Messrs Mion being 184 s per ow i. Weddel and Co. Ltd. cable us that the New Zealand butter trade; is disappointing and. they anticipate a s'ow market in the meantime. Although at the present time Australian ‘ *angaroos” are in good demand owing, to the shortage ofjjpot stocks the Australians are quoting forward for February shipment at, 173 s per ewt., c.i.f.e. ami in view of this, buyers are not operating very freely. Cheese: Quotations to show a steady decline and cousum. pbion is still low on account of tlm extremely cold weather. Retail prices have been reduced la but with the heavy stocks of spot and afloat, buyers ate only operating for immediate requirements. Wbeieas there was some activity during December for forward cheese, January to the end of the. season at 9d and 9 146th buyers reduced their ideas last mouth to B*}d whilst to-day t.i<-ie does not seem to he. much interest m forward cheese at all, although, possibly business could bo clone m the vicinitv of Ski per lb. f.o.h. T\ i.th approximately 12,090 tons due to arrive in each mouth— Fchniary-Mardi —wo do not anticipate any sudden improvement in prices.