DAIRY MARKET QUIET

Taranaki Daily News, 8 January 1927, Page 15

DAIRY MARKET QUIET

LATEST CABLE FROM LONDON. CAREFUL WATCHING NECESSARY. “Prices are unchanged from those ruling during Christmas week, but the market is stagnant,” said a dairy produce expert to a Daily News reporter yesterday when discussing the latest report from London. “This is the first week the market- has been opened since the holidays, and the anticipations have not been borne out that the marked advances before Christmas indicated that prices were going to hold. We shall have to watch things for a week or two in order to get the strength of the market,” he said. Cheese was really in a better position than butter, he continued. The reason was that buyers would probably be forced to accept control cheese, whereas in the case of butter they could buy the products of other countries. According to the latest cablegram, the following prices ruled in London on Thursday: — Butter.—l74s and 1725, and unsalted 182 s (control prices), market stagnant; free stored butter, 1665. Cheese (control prices).—White 945, 935; coloured, 955, 945; market stagnant. Arrivals. —Mataroa, Hororata and Port Hobart.