PRICES FIRMER

Wanganui Chronicle, Volume 74, Issue 188, 11 August 1931, Page 9

PRICES FIRMER

EONDON BUTTER MARKET. CHEESE STILL STEADY. The London butter market showed a very slight improvement last week. , New Zealand finest salted on Friday ‘ was quoted at 108 s and up to 112 s, as against 108 s to 110 s the previous week. Australian was 3s to 5s lower than New Zealand, while Danish on spot was selling at 114 s to 116 s. For the above butters the market closed firm. A notable fact is that the retail price of Danish, as well as of New Zealand butter, in London is Is 2d per lb. The extent of the season’s fall in prices is shown by the fact that New Zealand salted butter on August 7 was 25s to 28s a cwt. below tho quotation of a year ago, while unsalted is 37s a ewt. lower. Two years ago the price of salted was 169 s to 172 s a ewt. Danish butter to-day is bringing 40s a cwt. less than it was a year ago. The cheese market is steady, prices showing little change on the week. White is selling at 16s to 17s less and coloured at 18s to 20s less than the price of a year ago. The London office of the Dairy Board gives tho prices ruling on Friday as follow, those for the previous week being shown in parentheses:— Butter. New Zealand, salted, 108> Illg up to 112 s; equals approximately 11.33 d per lb., f.o.b. (108 s to 110 s; August 8, 1930, 136 s to 1375); unsalted, 112 s to 114 s (112 s to 116 s); August’ B, 1930, 150 s; first whey, 102 s (102 s ■ second whey. 100;. (100 s Australian, salted. 105 s to 107 s (1.04 s to 106 s); unsalted, 106 s to 110 s (106 s to 110 s). Argentine, uusalted, 108 s to 110 s < (108 s to 110 s). Irish, creamery, salted, 112 s (—). , Danish, 110 s, f.0.b.; 114 s to 116 s, spot 105 s; 112 s to 114 s). Dutch, unsalted, 108 s to 112 s (110 f ' to 114 s). Esthonian, salted, 103 s to 104 s (). Latvian, salted, 100 s to 102 s (100 s to . 102 s); unsalted, 102 s to 103 s (102 s to 104 s). ! Siberian, 92s t-o 93s (93s to 945). ' Ukranian, salted, 92s (). Polish, salted, 88s to 94s (88s to 945)- | unsalted, 90s to 90s (90s to 98s). 'i ' Cheese. New Zealand, white, 60s to 61s to '’2s i ' (60s to 61s; August 8, 1930, 77s to 78s)- ! ; coloured, 62s to 63s to 64s (62s to 63s’-1 1 August 8. 1930, 82s). Australian, white, 59s to 60s (59s to ! 60s); coloured, 6.1 s to 62s (61s to 625). 1 Canadian, white and coloured, 66s to ' (66s to 725). This season’s white, ' 60s to 62s (60s to 625); coloured 61s f to 62s (61s to 625); e.i.f., 60s (62)’ English finest farmers’. 70s ' to 75s ' (70s to 755). Arrivals, Deliveries, and Stocks. The week’s arrivals of butter in- i eluded IJlo tons from Huss® 590 tons won y oland aild the Baltic States, and . 1-00 boxes from Canada. Another 4100 boxes from Canada are expected this i week Deliveries of butter and cheese < tor the week and quantities in store arc as follow, the figures for tho corres- > ponding date of last >ea r being shown I in parentheses:— Deliveries. Stocks j . . Tons. Tons. ' jAus. butter 1000 (512) 2675 (2273'J ( N.Z. butter . 1231 (870) 7481 (9027; i ' ( - r ates. Crates. cheese 15,,41 (17,923) 14,523 (114,620) j ! (unadian Boxes Boxes I 1 i Cheese ’’-100 (4.544) 170,000 (.134.679, I 1