IMPROVED TONE OF MARKET

Taranaki Daily News, 10 March 1932, Page 3

IMPROVED TONE OF MARKET

BUTTER PRICES ADVANCE TO n2B. OFFERS AT Hid CIRCULATING. An improved tone in the butter market was reported in cables received in New Plymouth yesterday.! The price for finest rose to 112 s, returning jto the level reached nearly a fortnight ago when Continental activity forced the price up. Coloured cheese was quoted at 63s and white at 625. The butter market was reported to be strong with , the cheese market steady. Offers of lljd per lb. f.o.b. were circulating freely in North Taranaki yesterday for unshipped and balance of season butter up to the end of May. Several firms were in the field and it is understood several sales are pending. “The butter market is strong,” reported the Anglo-Continental Produce Company. “Finest is selling at 112 s and’ first at Ills. The cheese market is uncertain, white being quoted at 61s and coloured at 625.” “Both markets are firm,” states advice received by Joseph Nathan and Co. ~ Ltd. “Butter is quoted at 110 s to Ills, white cheese at 61*s to 62s and coloured cheese at 62s to 635.” “The butter market is firm,” reported the representative of a London firm yesterday. “Quotations are 110 s for first grade and 112 s for finest. . The cheese market is steady, white being quoted at 62s and coloured at 635.”