DAIRY PRODUCE PRICES

Taranaki Daily News, 18 December 1933, Page 16

DAIRY PRODUCE PRICES

BRITISH MARKETS QUIET. Quotations for butter and cheese on the British market are still at a low level, butter being quoted at 69s to 70s and white cheese at 48s and coloured at 455.

Agents’ reports are as follow: — Newton King Ltd. (from R. and W. Davidson Ltd.): The price level for butter is slightly lower than last week and the market closes with a quieter demand and prices easier: Salted, 69s to 70s (70s to 72s last week); unsalted, 74s to 78s (84s to 88s). Cheese prices have not varied much during the week and the market closes slow; White, 48s (47s to 48s); coloured, 45s (45s to 465). Collett and Co. Ltd.: Creamery butter (finest), 68s to 695, first 67s to 68s; white cheese, 47s to 48s; coloured cheese, 44s to 455. A. S. Paterson and Co. Ltd. (J. and J. Lonsdale and Co. Ltd., London): The butter market is quiet; New Zealand, 68s to 695; Australian, 68s to 695; Danish firm, 96s f.0.b., 117 s landed. The cheese market is quiet and buyers inactive. White 48s, coloured 44s 6d to 455. Anglo-Continental (Mr. H. N. Thomson): Butter, 68s to 70s; cheese, white 495, coloured 45s to 465. The report from Henry A. Lane and Co. received by Mr. T. L. Penn, (Stratford, states that New Zealand coloured cheese is 45s and white 48s to 495, representing 4Jd and 54d per lb. respectively f.o.b. New Zealand ports. Last week the prices were 48s for white and 45s to 46s for coloured, and at the corresponding period last year 53s (white) and 55s (coloured). The London retail price is 6d. Deliveries to London in the week ending December 8 totalled 20,319 crates, compared with 15,169 crates in the corresponding period last year. In store there were 34,659 crates, compared with 25,000. Stocks of Canadian cheese were 218,822 boxes compared with 184,966 boxes. New Zealand finest butter was quoted at 70s, which was equivalent to 8d a lb. f.o.b. New Zealand ports, and the market was very quiet. The price last week was 70s to 72s and last year 81s to 82s. The retail price in London of New Zealand butter was lOd to lid and of Danish Is 2d. Deliveries of New Zealand butter in the week ended December 8 totalled 282 tons, compared with'l9so tons in the previous year. In store there was 3228 tons, compared with 3950 tons. A report received from London on Saturday by Mr. Neal Douglas, Stratford, representative of W. Weddel and Co., states that the butter market is slow and the cheese market quiet. Prices are fairly stationary. Danish butter, 115 s to 116 s; New Zealand finest, 68s to 70s; Australian Kangaroo brand, 68s to 70s; market slow; cheese, New Zealand white 48s, New Zealand coloured 44s to 455; Canadian, 465; market quiet.