DAIRY PRODUCE MARKET

Taranaki Daily News, 6 October 1928, Page 3

DAIRY PRODUCE MARKET

SLIGHT DECLINE RECORDED. PROBABLY ONLY A FLUCTUATION. Latest quotations from the London produce market record a decline of 2s in New Zealand salted butter and from 2s to Is in New Zealand cheese. The decline is considered, however, to be merely a fluctuation and not an indication of a permanent fall or slide in prices. Since July last, butter prices have varied between 180 s and 184 s, and eheese between 109 s and Ills. Yesterday’s cable gives the following quotations, last week’s prices being given in parentheses:— New Zealand butter.—Salted, 182 s (184 s unsalted, 194 s (1945). Market inactive. New Zealand cheese.—White, 112 s (114 s coloured, 110 s (112 s Market quiet. LONDON TALLOW SALES. Messrs. Dalgety and Co. have received the following report from London, dated October 3:—Tallow, 883 casks offered, 618 casks sold. Prices Is higher. We quote: Fine beef, 48s; fine mutton, 455; good mixed, 435; inferior, 40s. The New Zealand Loan and Mercantile Agency Company, Limited, has received the following cablegram from its London house under date October 3: “We quote present c.i.f. and e. values for jlie following descriptions of tallow: Fine mutton, 43s Cd per cwt.; good beef, 44s per cwt.; mixed, 41s 9d per cwt. Market upward tendency.” The New Zealand Loan and .Mercantile Agency Company, Limited, has received the following cablegram from its London house, under date October 3: —Dairy produce: Butter, New Zealand choicest salted, 18(te to 183 s per cwt (last quotation 1845.. Cheese, Ills to 113 s per cwt (last quotation Ills to 114 s). Markets very slow. *