THE LONDON MARKET.
NO IMPROVEMENT. . PURCHASES BY GERMANY, LOW RETAIL PRICES. LONDON, Nov. I. The butter market does not sho\ any improvement, for the prices of colonial have again fallen back, and the demand is very poor. A striking feature of the market is the contrast between Danish and colonial, for although the former has weakened this week, it is still almost 40s a cwt above Australian and New Zealand. This is mainly due to large purchases by Germany, in anticipation of the higher duty shortly to be imposed there. It is also reported that some Australian, New Zealand and Argentine butter has been purchased by Germany for the same reason. Meanwhile Australian and- New Zealand butter is being offered by retailers at Is 2d to Is 3d per lb, without having any appreciable effeot on the consumption. Unsalted butters are quoted as follows: New Zealand, 152 sto 156sj Australian, 126 s to 1325. DAIRY BOARD’S ADVICE. WELLINGTON, Sunday. The New Zealand Dairy Produce Board has received the following market report from its London office',, dated October 31: Butter; New Zealand: Salted, 108 s to 116 s; unsalted, 152 s to 1565; first whey, 102 s; second whey, 110 s. Deliveries New Zealand this week, 1450 tons; in store New Zealand this week, 6000 tons. Australian: Salted, 106 s to 110 s; exceptional, 112 s; unsalted, 126 sto 1325. Argentine; Unsalted, 106 sto 112 s. Irish creamery: Salted, 112 s; unsalted,. 116 s. Danish: 1425, f.0.b.; 150 s to 152 s spot. Dutch: Unsalted, 150 sto 1525; Estonian, 118 s to 120 s; Latvian, 118 s to 120 s; Siberian, 104 s to 106 s; Polish, 90s to 98s, up to 100 s; Lithuanian, 114 s to 116 s; French baskets, salted, 136 s to 138 s. The demand Is slow. Retail prices unchanged. Cheese: New Zealand: White, 73s to 745, up to 765; coloured, 70s to 71s, up to 725. Deliveries New Zealand this week, 11,416 crates; in store New Zealand this week, 43,000 crates. Australian: White, 275; coloured, 68s to 70s. Canadian: White, 76s to 80s; coloured, 76s to 78s; exceptional, 80s; c.i.f., 71s. Deliveries Canadian, 12,000 boxes; in store, Canadian, 243,500 boxes. English finest farmers’, 100 s to 106 s. Market quiet. Retail prices unchanged.
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Waikato Times, Volume 108, Issue 18166, 3 November 1930, Page 4
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378THE LONDON MARKET. Waikato Times, Volume 108, Issue 18166, 3 November 1930, Page 4
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