COMMERCIAL NEWS.

Waikato Times, Volume 105, Issue 17787, 12 August 1929, Page 2

COMMERCIAL NEWS.

BUTTER AND CHEESE. PRICES IN LONDON. DAIRY BOARD'S ADVICE. The New Zealand Dairy Produce Board has received the following market report from its London office, dated August 9, prices for the previous week being in parentheses:— Butter. —New Zealand: Salted, 169 s t-o 172 s (169 s to 1725); unsalted, 168 s to 172 s (168 s to 1725); first whey. 158 s (158 s) ; second whey 154 s (1545). 169 sto 172 s equals approximately Is 4Acl f.o.b. Deliveries New Zealand this week, 635 tons. In store, 8150 tons. Australian: Salted, 162 s to 167 s (162 s to 1675); unsalted, 162 s to 166 s (162 s to 1665). Argentine: Unsalted, 160 s to 164 s (160 s to 1645). Irish creamery: Salted, 164 s (164 s to 1655); unsalted, 167 s (167 s to 168 s). Danish: F.0.b., 164 s (1655); spot, 170 sto 172 s (172 sto 1735). Dutch; Unsalted, 166 s to 1735, according to package (164 sto 171 s). Estonian: 160 sto 162 s (160 s to 1625). Latvian 160 s to 163 s (160 s). Siberian: 154 sto 156 s (1565). Ukranian: 156 sto 158 s (156 sto 158 s). Polish: Salted, 142 s to 150 s (150 s to 1525); unsalted, 1525. French baskets: Salted* 158 s to 164 s (154 s to 1645); unsalted, 160 sto 165 s (1655). Market slow. Retail prices unchanged. Cheese. —New Zealand: White 85s to 86s (86s to 87s); coloured, 89s to 90s (90s to 91s). 85s to 90s equals approximately 8&d f.o.b. Deliveries New Zealand this week, 16,386 crates; in store, 101,648 crates. Canadian: White, 106 s to 108 s (100 s to 112 s); coloured, 104 s (100 s to 110 s); new season’s, white, 86s (86s to 88s) ; coloured, 88s to 90s (88s to 90s) ; 85s c.i.f. (86s c.i.f.). Australian: Coloured, 88s (89s). Market quiet. Retail prices unchanged. The Taranaki finished discharge of butter on August 2. The Matakana finfinished discharge of butter and cheese on August 2. The Remuera finished discharge of butter on August 8.

LATEST GRADING FIGURES. BIG INCREASE SHOWN. (By Telegraph—-Press Association.) WELLINGTON, Saturday. The Dairy Division grading figures for the twelve months ended July, 1929, show an increase for butter of 9.27 per cent, at 81,656 tons, and for cheese an increase of 14.32 per cent, at 86,605 tons, as compared with the corresponding period of the preceding year.

Reduced to terms of butterfat equivalent the gradings of dairy produce for the 12 months show an increase of 10.887 per cent, over the gradings for the corresponding period of the preceding season.