DAIRY PRODUCE

Wanganui Chronicle, Volume 76, Issue 116, 19 May 1933, Page 9

DAIRY PRODUCE

THE LONDON MARKET Joseph Nathan and Co., Ltd., have received the following cable from their principals, Trengrouse and Nathan, Ltd., London, dated May 17:— “New Zealand butter, 80s per cwt. New Zealand cheese, white 48s per cwt., coloured, 54s per cwt; both markets quiet.” The New Zealand Loan and Mercantile Agency Company, Limited, has received the following aavlce from its London House, dated May 17: — “Dairy produce: Butter, New Zealand choicest salted, 80s per cwt. Market slow and uncertain pending Government negotiations with Dairy Produce Exporters’ Association. Cheese, white. 48s per cwt.; cheese, coloured, 54s per cwt. Market slow.” New Zealand Loan and Mercantile Agency Company, Ltd., advise they have received the following cable from their London, office under date May -8: Butter 80s. Market slow. Uncertain pending Government negotiations with exporters. Chees.—White, 48s; coloured, 545. Slow. REDUCED PAY-OUT , The directors of the New Zealand Co-operative Dairy Company, Limited, have decided to advance the company’s shareholders 6jd per lb. but-ter-fat for cream am* milk, supplied for butter and cheese-making during April. For the corresponding month last year the payment was lOd for butter and lid for cheese.