BUTTER AND CHEESE

Taranaki Daily News, 4 June 1935, Page 16

BUTTER AND CHEESE

LONDON DAIRY STOCKS. MINIMUM PRICES FIXED. Deliveries of New Zealand butter in , London last week totalled 1787 tons compared with 1800 tons for the previous week and 1945 tons a. year ago. Australian deliveries amounted to 2007 tons, against 1408 tons a year ago. The Imperial Economic Committees estimated stocks of all butters in store is now 920,337 boxes, against 826,161 boxes a fortnight ago and 1,173,950 boxes a year ago. New Zealand butter in store now totals 7611 tons, including 457 tons ex Port Bowen, compared with 7880 boxes for the previous week and 11,417 tons a year ago. Australian stored butter amounts to 7454 tons, against 8300 tons for the previous week and 7904 tons a year ago. London advices to the Dairy Board state that 3300 casks of butter were shipped from the Continent to New York last week. The board has also received the following advice from its agents in Canada:—Butter: New York, 25 cents a lb.; Montreal, 21J cents.' The cheese market continues very quiet, with prices again a shade easier. Deliveries of New Zealand cheese last week totalled 22,020 crates, against 20,294 crates a year ago, while the quantity in store was 178,326 crates, including 5600 crates ex Port Bowin, against 142,195 crates a year ago. Canadian deliveries totalled 6231 boxes, against 6478 boxes a year ago, and the quantity in store was 53,861 boxes, against 78,773 boxes a year Dairy Board’s London office reports last week’s closing quotations as follow, those for the previous week being shown in parentheses:— Butter.' New Zealand, salted, 81s to 82s (79s to 81s; May 31, 1934, 76s 6d to 775) (81s to 82s equals approximately 9-4 d f.0.b.); unsalted, 80s to 82s (79s to 82s; May 3t, 1934, 78s to 80s). " Australian, salted, 80s to 81s (78s to 80s); unsalted, 80s to 81s (78s to 795). Argentine, unsalted, — (71s to 735). Irish creamery, salted, 80s to 82s (78s Danish, 98s spot, 76s f.o.b. (97s to 98s; 77s to 78s). 4 Dutch, unsalted, 75s to 81s (70s to 775) ' Siberian, salted, 74s to 76s (72s to 755). Ukranian, salted, 73s to 75s (72s to 745). Polish, salted, 71s to 735. Lithuanian, unsalted, 74s to 78s (72s to 745). Estonian, salted, 76s to 78s (73s to 745). Cheese. New Zealand, white (approximately 4.53 d f.0.b.), 43s to 43s 6d (43s to 43s 6d; May 31, 1934, 44s 6d to 455); coloured (approximately 4.6 d f.0.b.), 43s 6d to 44s (44s to 44s 6d; May 31, 1934, 42s to 44s 6d). Australian, white, 42s (41s fid to 425, coloured, 42s (425). Canadian, White, 61s (62s to 645); coloured, 61s (60s to 645). . English finest farmers, 82s to 90s (82s to 90s). English factory cheese, 37s to 42s (38s to 425) - ■ „ □ . The New Zealand Dairy Board has fixed the minimum prices for f.o.b. and c.ii. sales on the basis of: Butter, lOd; cheese, sd. Minimum prices are subject to agent’s selling commission of 11 per c<bnt. ’ These prices are equivalent to 81s 7d c.i.f.e. for butter, and 44s c.i.f.e. for cheese;. GOLD RETURNS. Gold dredging returns reported by the Press Association are:—Mossy Creek, 540 z 18dwt from 11,624 yards, in 132 hours; Maori Gully, 350 z 15dwt for 70 hours; Worksop Extended, 14oz 9dwt, for 80 hours; Charleston. Sluicing, 12oz lldwt 15 gr for 216 hours.