MORE INQUIRY FOR CHEESE

Taranaki Daily News, 7 February 1931, Page 12

MORE INQUIRY FOR CHEESE

EXPECTATION OF BETTER PRICES.

BUTTER AT 114 s. TO 116 s. PER CWT.

More inquiry for cheese, with a tendency to improve in price on the low levels reached during the middle of the week, is indicated in the latest reports from London. It appears that the lower prices have stimulated the demand. The butter market has also improved and is firm, with a good demand at 114 s. to 1165., .-prices which exceed those of last week by about 2s. “There is more inquiry for. cheese,” states a cable of Thursday’s date received by Turner and Co. from Lonsdale’s. Cheese is quoted at 51s. to 525., improving to 535. (535. to 545. last week). “The butter market is firm with a good demand.” Danish is quoted at 1435. (1405. j New Zealand at 114 s. to 116 s. (112 s to 1145.), and Australian at 110 s. to 113 s. (108 s. to 110 s.). “There is more doing in cheese at lower prices,” states a cablegram received yesterday by Mr. E. Griffiths from Messrs. A. J. Mills and Co. lhe following quotations are given, last week’s figures being in parentheses^ — New Zealand white, ,51s. to 525. (535.' to 545.); New Zealand coloured, 51s. to 525. (535. to 545.); Canadian white, 725. to 745. (745. to 765.); Canadian coloured 725. to 745. (745. to 705.). “The butter market is firm,” continues the advice, which quotes: New Zealand finest, 115 s. to 116 s. (113 s. to 114 s.); firsts, 114 s. (Ills, to 112 s.); unsalted, 118 s. to 120 s. (116 s. to 118 s.); Danish, 138 s. to 140 s. (130 s. to 1325.); Australian, 108 s. to 112 s. (106 s. to 110 s.). “The butter market is firm at an advance on last week’s prices,” reports a cablegram received yesterday by Messrs. Newton King, Ltd., from Messrs. R. and W. Davidson, which gives an indication.of the prices ruling on Thursday. Salted butter is quoted at 114 s. to Ilfls. (Ills, to 114 s. last week). “The cheese market is slow, prices having slipped back 2s. per cwt. since last week,” continues the cablegram, which quotes white and coloured at 51s. to 525. (535. to 545.). “The" butter market is quiet at 115 s. (1135.) and cheese is ' quoted at 525., with a slow demand,” states a cable received by Messrs. Joseph Nathan and Co., Ltd., from Messrs. Trengrouse and Nathan, Ltd. “The butter market is firm,” states advice of Wednesday’s market received by the New Zealand Loan and Mercantile Agency Co., Ltd., which quotes New Zealand choicest salted butter at 115 s. to 116 s. (112 s. to 1145.)., .The cheese market is reported to be slow at 51s. to 525. (53s.'to 555.).