MARKETS QUIET

Wanganui Chronicle, Volume 77, Issue 83, 9 April 1934, Page 11

MARKETS QUIET

DAIRY PRODUCE IN LONDON. The markets for both butter and cheese in London arc quiet, according to the weekly cabled report receiveon Saturday by the New Zealand Dairy Produce Board, and wholesale prices have a slightly easier tendency. Retail prices for New Zealand produce are unchanged, butter selling at lOd per pound and cheese at 6d. Wholesale quotations for butter arc: —New Zealand, salted, 72s to 73s per cwt. (which equals approximately 8.29 d per lb, f.0.b.); uusalted, 72s to 735; Australian, salted, 70s to 71s; Danish, spot, 85s (last week 925); Argentine, 70s; South African, 60s to 695; Dutch, 69s to 78s; Latvian, 7.1 s to 725; Lithuanian, salted, 70s, unsalted 725. The butter stock position is as follows: — April 6, April 6, Tons. Tons. 1934. 1933. i New Zealand .. .. 11,112 8200 Australian 6,900 5109 Totals 18,012 13,309 The Imperial Economic Committee's estimated stocks of all butters amount to 1,009,216 boxes, compared with 1 892,650 boxes at the corresponding 1 time last year. i Wholesale cheese prices are:—New Zealand, white and coloured, 43s 6d to j 44s per cwt. (which equals approximately 4.63 d per lb. f.0.b.); Australian, . 40s to 43s 6d; Canadian, 50s to 565; 1 finest English farmers’, 94s to 100 s. The, cheese stock position is as foli lows:— April 6, April 6, 1934. 1933. New Zealand, crates 124,515 99,500 Canadian, boxes .. 126.145 86,000 i The board has also received the fol- ; lowing advice from its agents in - Canada:—Butter, Now York, 23J cents per lb.; Montreal. 301 cents.