NEW ZEALAND BUTTER IN THE ENGLISH MARKET.

Taranaki Daily News, Volume XXIV, Issue 65, 10 March 1902, Page 2

NEW ZEALAND BUTTER IN THE ENGLISH MARKET.

Me Oamekok, D»iry Produce Conimis r sioner, has written in high terms concerning the prospec's for New Zealand ' butter in the English market this peasoD. In a roport dated February 8 24th he says that prices, although not j

io high as they wer<* yi-ar, are good indvt-rysteidy. The demand through- ! tut the country is keen and growing, vhile satisfaction with the article is iniversal. " When last reporting the , juotationp," says Mr Cameron, " I i ;ave as ruling ou the London market 'or choices'. New Zealand butter 104s ;o 107s per cwt. These have since Dsen maintained, with a tendency, if uiytbing, to advance, but while this armies* has been sfcown in New Zealand butter, a change of the greatest interest to &11 buttermakers in the colony has occurred in the market for D inish butter. Where only a few weeks ago a difference in value of Danish and New Zealand butter existed of 12s per cwt. these are now nearly level, certainly not more than 2s per cwt. in favour of Danish divides them. Indeed, some brokers quote them in their weekly circulars ac the same figures. Reports in this week's trade journal, the Grocer, from the various distributing centres throughout the country bear this out. Liverpool reports finest Danish, 110s to 114s; finest Australasian (i.e. New Zealand), 110s to 112s; Cardiff quotes Dauish at 114s and New Zealand 109s to 112s; Manchester, the chief centre for Danish butter, reports it at 109s to 110s, and Leitz at 110s to 113s. Neither of these towns report this week on New Zealand butter. Bristol, on the other hand, quotes New Zealand butter at 110s to 112s, but does not mention Danish, These reports, as showing the great advance in the reputation made by New Zealand butter this season already, are satisfactory. It is, however, from a perusal of the advertisements ef the wholesale houses in which quotations are mada to their retail customers that the greatest i-ncouragement probably is to b« derived. I give those of two leadirg housm which are published this

week. 'Hie fiist offers his customers Danish at 110s per cwt, New Zealand at 110s pei- cwc, Australian at 104s per cwc. The second quotes to his customers Now Zealand at 112s per cwt, Ausbaliia at 104s to 108s, and doss not' quo e Danish. Ha merely state? that, it i> four kronur lo*er. The dsniHi.d ror chetsa still continues good, and prices are very firm ; 51s »nd 52b has baen paid for finest Canadian, but 50s may be taken as the price at which business can be readily done. Most of the New Zealand cheese that has been put on. the market recently has realised the latter figure."