FINANCE AND COMMERCE

Taranaki Daily News, 18 November 1930, Page 12

FINANCE AND COMMERCE

MARKET FOR DAIRY PRODUCE ’ BOARD'S REPORT.'FROM . LONDON The New Zealand Dairy Produce Board has received a report from its London office stating that-the butter market is quiet and cheese steady,, and. giving the prices current on Friday, with those for the previous week in parentheses as follow: — ) Butter. New Zealand. —Salted, 107 s io 114 s per cwt (108 s to 116 s; November 15, 1929, 170 s to 174s)unsalted, 148 s o 150 s, to 154 s (150 s to" l's4s; , November I's, 1029, 182 s to IS'Ss); first whey, 102 s (102 s second whey, 100s' (100 s Australian.—Salted, 104 s to 110 s (106 s to 110 s); unsalted, 'l24s to 128 s (126 s to 130 s). Argentine.—Unsalted, 106 s to 108 s, to 114 s (106 s to 110 s, ex 1146). Danish.—l34s f.0.b., 140 s to 142 s spot (1325; 140 s). Dutch.—Unsalted, 133 s to 146 s (144 s to 1465). Latvian.—Unsalted, 1086 to 112 s (114 s to 1225). Siberian. —100 s (100 s to 104 s). Polish.—9os to 100 s (90s to 100 s). French.—Baskets, salted, 138 s to 140 s (136 s to 138e) f • ' Cheese. New Zealand.—White, 73s to 745, ex 76s (73s to 755, to '76 s; November 15, 1929, 93s to 945); coloured,' 68b to 70s, ex 71s (60s? to 71s; November, 15, 1929, 02b to 936). Australian.—-White, 71s to 72s per cwt (71s to 725); coloured, 67s to 69s (68s to 70s). ... .. .. Canadian.—White; 765. to 80s; coloured, 76s to 78s (76s to 78s, ex 80s). English.—Finest farmers, 100 s to 106 s (100 s to 106 s). A. H.‘ Turnbull and Co. have received the following cablegram from their prin-

cipals, W. Weddcl and Co., Ltd., dated London, November 14: —Danish Butter, 140 s to 142 s (140 s to 1445); New Zealand. unsalted, 148 s to 150 s (150 s to 1545); salted, 107 s to 114 s (108 s to 116 s); market quiet. Cheese, white, 73s to 74s (736 to 755); coloured, 68s to 70s (69s to 71s); market steady. Canadian cheese, white 76b to 80s (76s to 78s); coloured, 76s to 78s (76s to 78s). •London Stocks and Deliveries. The Dairy Board is advised .that the November imports of butter into Great Britain are expected to be 26,000 to 27,000 tons. Deliveries of New Zealand butter 1 r the week ended November 13 were 1'520 tons, as against 1300 tons a year ago. The quantity in store was 3413 tons, as compared with 4800 tons a year ago. Deliveries of New Zealand cheese for the week were 13,380 crates, as ..gainst 11,640 crates a year ago. The quantity in store was 28,807 crates, as compare I with 30,000 crates a year ago. The loriie started discharging her butter on November' 10 and finished two days later. TheMamilius started unloading her butter on November 7. The Taranaki started discharging her butter and cheese bn November 13. Deliveries of Australian butter at Hay’s wharf during the week ended November 8 were 37,045 boxes, as against 15,788 boxes a year . ago. The quantity of Australian butter in store last week was 36,722 boxes, as compared with 24,679 boxes a . year ago. Deliveries of Canadian cheese for the week were 17,145 boxes, as against 21,256 boxes a year ago. The quantity in store was 246,703 boxes, as compared with 201,514 boxes a year ago. A- large shipment of dairy produce totalling 85,323 boxes (over 2130 tons) of butter, and 29,912 crates of cheese was taken by the Rangitata, which, sailed from .'Auckland for London on November 8. The butter, comprised 81,979 boxes of salted butter, 2975 boxes unsalted, and 369 boxes whey butter. Of the cheese, .13.806 crates were white and 6106 crates coloured.