PRODUCE IN ENGLAND.

Waikato Times, Volume 107, Issue 18047, 16 June 1930, Page 9

PRODUCE IN ENGLAND.

MARKET TOUCHED BOTTOM. United Press Assn. —Elec. Tel. Copyright. LONDON, June 14. A welcome change has come over the butter market since the Whitsun holidays, and during the last few days buyers have been more active than for a long time past. Air Charles Wilson, a member of the Australian Dairy Produce Board, has returned to London after a two months’ tour of the Continent and Industrial centres of Britain, investigating the position of the butter industry. In an interview he said he gathered the impression that Continental countries had increased their herds largely, especially Germany. During his visit to the north of England he found all the multiple shops selling Danish, New Zealand and a limited quantity of Australian butter, at '.is 3d per lb, without any strong demand. Reviewing the position in London to-day, Air Wilson estimated that the visible stocks in Britain . exceeded ±,000,006 boxes, hut thought that the market had now touched bottom. The blenders and multiple shops are now 7 operating freely, apparently thinking it desirable to provide for their autumn and winter requirements while prices are moderate. Their operations had raised tho prices of the choicest New Zealand butter to 1345, and Australian to 1316. These operations, of course, would only mean a transfer of stocks in cold si ore from the wholesale trade to the multiple shops and blenders, and unless ibis butter was consumed before the end of the season its presence here would Influence the values of the new season’s make.

PRODUCE BOARD’S REPORT. The New Zealand Dairy Produce Board has received the following market report from its London office dated June 13, prices for the previous week being in parentheses: —.Butter: New Zealand, salted, 130 s to 134 s (124 s to 128 s), (last year, 167 s to 170 s); unsalted, 140 s to 146 s (138 s to 1425), (last year, 168 s to 1725) ; first whey, 1225, (116 s); second whey, 118 s (114 s). Deliveries, New Zealand, this week, 1082 tons; in store, 10,531 tons. Australian, salted, 127 s to 130 s (120 s to 1245) ; unsalted, 127 s to 130 s (124 s to 1265); Argentine, unsalted, 118 s to 124 s (120 sto 1245); Irish cream, salted, 130 s (124 s to 1265); unsalted 134 s (128 s to 130 s). Danish, f.0.b., 131 s (128 s); spot, 136 s (132 sto 1345); Dutch, unsalted, I2Bs to 132 s (126 s to 130 s) ; Estonian, 124 s to 126 s (122 s to 1245) ; Latvian, 126 s (122 s to 1255) ; Siberian, 122 s to 124 s (1225) ; Polish, 90s to 118 s (94s to 118 s). Market firm. Retail prices unchanged. Danish retail price to he increased to Is 5d on Alonday.

Cheese. —New Zealand, white, 77s to 7Ss (70s to 775), (last year, 92s to 935) ; coloured, 83s to 8-is (82s to 83s), (last year, 94s to 955). Deliveries, New Zealand, this week, 17,951 crates; in store, 123,623 crates. Australian, white and coloured, 80s to 82s; Canadian, white and coloured, go-s to 84s (new season’s cheese) ; c.1.f., 795. Market steady. Retail •prices unchanged. Deliveries, Canadian, 1239 boxes; in store, 96,163 boxes. English finest farmers’, 345. Market quiet.

Dalgcty and Company, Limited, has received "the following cablegram from Samuel Page and Son, dated June 13: Rutter, 132 s to 1345.