BUTTER AND CHEESE.

Wairarapa Daily Times, 23 January 1932, Page 5

BUTTER AND CHEESE.

LONDON PRICES. LONDON, Thursday. Butter. —Danish, 113/- per cwt.j choicest salted, New Zealand, 95/- to 96/-; Australian, 94/- to 95/-; unsalteds, New Zealand, 114/- to 116/-; •Australian, 106/- to 110/-. The cheese market is slow. New Zealand coloured, 56/-; white, 57/-;' Australian, 54/- to 55/-. ' . GERMAN DECREE.

LONDON, Thursday.

Although Tooley Street expects butter prices to fall iu consequence of the German duties, the market strongly advanced 2/- a cwt. Empire Dairies. Ltdlarge dealers in Australian and New Zealand, butter, stated that cheaper duties may reverse the position since New Zealand was charged 86 shilling per 100 kilogrammes compared with 170 shillings for Australian.

Denmark is making strong representatibiis to Tooley Street in the hope that the duties will be modified as the result.

GRAVEST CONCERN.

OVER GERMANY’S PROPOSAL. (Received Saturday, 11.5 a.m.) LONDON, Friday. The Empire Dairy Council states that Germany’s proposal, to double the butter tariff, is causing gravest concern to (Empire dairymen, as butter rejected by Germany is sure to be diverted to the unsheltered British market. Mr. Davis, manager of the New Zealand Produce Board, expresses the opinion that the German tariff probably would cause 500,000 ewt. of foreign butter to be thrown into an already saturated British market during the coming year. Mr. Stapleton, the British Dairy Farmers’ Association representative, states that a tariff of three pence a lb. on foreign butter is urgently necessary if wo want to save the Empire dairy industry from ruin.