DAIRY PRODUCE PRICES

Taranaki Daily News, 18 September 1934, Page 12

DAIRY PRODUCE PRICES

BOTH BUTTER AND CHEESE SLOW.

DECLINE IN LONDON VALUES.

The London butter market was very quiet again last week, with a further easing in prices, and closed slow at 72s to 765, a fall of about 4s on the week. Deliveries of New Zealand butter last week totalled 1324 tons, compared wth 1546 tons for the previous week, and 2277 tons a year ago. The quantity of New Zealand butter in store is now slowly decreasing, and last week was 10,948 tons, compared with 11,148 tons for the previous week, and 6788 tons a year ago. The cheese market was also again quiet last week, with prices 6d to Is 6d easier. The Dairy Board’s London office reports Friday’s official closing quotations as follow, those for the previous week being shown in parentheses: — BUTTER. New Zealand, salted, 72s to 765, ex. 80s (76s to 78s; September 14, 1933, 98s to 101 s); (72s to 76s equals approx. 81d f.o.b); unsalted, 86s (86s to 88s; September 14, 1933, 102 s to 104 s). Deliveries, New Zealand, 1324 tons; in store, 10,948 tons, including 1100 tons ex Westmoreland and Port Brisbane. Australian, salted, 72s to 73s (745); unsalted, 75s to 77s (76s to 78s). Deliveries, Australian, 1470 tons; in store, 6214 tons. Danish, 84s f.0.b.; 104 s to 105 s spot (88s; 104). Dutch, unsalted, 66s to 76s (66s to 765). Estonian, salted and unsalted, 59s to 62s (60s to 655). Latvian, salted and unsalted, 59s to 64s (65s to 665). Lithuanian, salted, 59s to 64s (60s to 645); unsalted, 59s to 62s (60s to 645). Siberian, salted, 62s to 645. Polish, salted, 52s to 58s (55s to 60s). Ukranian, salted, 61s to 625. Tire board has also received the following advice from its agents in Canada: Butter: New York, 25 cents; Montreal, 192 cents. U.S.A, stocks, 53,765 tons (last year 78,337 tons). Canadian stocks, 22,515 tons (last year 18,758 tons). CHEESE. New Zealand, ’white, 47s to 47s 6d, ex 48s (5.05 d f.0.b.) (48s 6d; September 14, 1933, 52s 6d to 535). Coloured, 44s 6d to 455, ex 45s 6d (4.75 d f.0.b.) (45s 6d to 465; September 14, 1933, 52s 6d to 54s 6d). Deliveries, New Zealand, 21,629 crates; in store, 137,691 crates. Canadan, white, 50s to 52s (50s to 525); coloured 51s to 52s (50s to 525) c.i.f., 48s 6d (50s). Deliveries, Canadian, 6808 boxes; in store, 87,044 boxes. MINIMUM F. 0.8. PRICES. The New Zealand Dairy Produce Board has fixed the minimum prices for f.o.b. and c.i.f. sales on the basis of: Butter, BJd f.0.b.; cheese, 4 7-8 d f.o.b. These prices are to rule until Friday night, September 21.