DAIRY MARKET STEADY

Taranaki Daily News, 21 February 1931, Page 9

DAIRY MARKET STEADY

QUOTATIONS FROM 56s TO 59s CWT. BUTTER PRICES MAINTAINED. Following last week’s rise in' dairy produce prices there appears to be a steady tone in the markets and cheese is now quoted at a figure about 2s in excess of last week’s. White cheese varies between 56s and 58s per cwt. and coloured between 58s and’so*, as compared with 54s to 50s for white and 55s to 57s for coloured last week. New Zealand butter i*. still quoted at prices ranging between 120 s and. 124 s per Cwt.

“The cheese blanket is steady,” states cabled advice received yesterday morning by Mr. E. Griffiths from A. J. Mills and Co., Ltd. The following quotation* are given, with those for last week in parentheses: New Zealand white, 56s to 57s (55s to 565); New Zealand coloured, 58s to 60s (56* to 575); Canadian white and coloured, 72s to 74s (72s to 74is). . • x t. a “The butter market is quiet but steady,” the cable continues. “The Danish market has declined 12s to 14s but we do not think it will affect coloriial.” Last week Danish, was quoted at 154* to 1565. Details of the quotations, with those for last week in parentheses, ar.*: New Zealand finest, 122 s to 124 s (1245); first, 121 s to 122 s (1225); unsalted,■ f3Ss to 130 s (126 s to 128.5); Australian, 120 s to 122 s (118 s to 120 s). “The butter market is quiet with prices easier,” states Lonsdale’s cable of Thursday to Turner and Co. Danish is quoted at 140 s (156 s last week), New Zealand at l?2s to 124* (120 s to 124*), Australian'at 120 s to 122 s (120 s Jo 1225). “The cheese market i* slow with white at 57s to 58s (54* to 565) and coloured at 58s to 59s (55s t0.575)."’ . “The butter market is quiet at 122 s (122 s to 124* last sweek),” states a. rebort received yesterday by Joseph Nathan and Co., Ltd., from Trengrouse arid Nathan, Ltd. Cheese is quoted at 56s to 57* (56s last Week) for white and 58s to 59s (575) for coloured. The London report to Amalgamated Dairies say* the butter market is quiet but firm. Finest is 123* to 124* and Danish 140 s f.o.b. The cheese market is steady with white at 57s to 58s after touching 55s to 56s and coloured at 5 9s - J , • x. The Dairy Produce Board gives the following resume of Loridon prices fiur-

DAIRY FACTORY PAYMENTS. £60,000 IN NEW PLYMOUTH. Dairy factories with their bffices in New. Plymouth have paid £60,092. Us 2d for January supply. This is only Slightly less than the sum paid the previous month, when the output was greater. This may be accounted for to a certain extent by the fact that some factories that have sold are bringing up back payments to correspond with prices received and this amounts in one instance to Id on October an.d Ijd on November supply, and in this instance a total of about £lOOO., Butter advance* were made on a basis of 9Ad to lid, while cheese advances ranged between 7Jd to 9d.

ing January:— Jan , 1931. Jan., 1930. Week. Butter. Cheese. Butter. Cheese. 1st ... 116/118 59/62 156/160 85/88 2nd ... 114/118 57/60 154/158 83/87 3rd ... 114/116 57/38 152/156 83/87 4th ... 114/116 54/56 154/156 88/92 5th ... 112/114 53/54 151/154 88/91