BUTTER IN LONDON.
MARKET REPORTED SLOW. CHOICE N.Z. 74/- PER CWT. QUOTATIONS FOR CHEESE. United Press Assn—Elec. Tei. Copyright (Received March 24, 11.30 a.m.) LONDON, March 23. The butter market Is slow; Danish, 92s to 945. Choicest salted: New Zealand, 72s to 745; Australian, 71s to 72. Salted: About one shilling premium. Cheese: New Zealand, white 40s to 425, coloured 48s.
CAUSE OF THE DECLINE.
LARGE SIBERIAN SHIPMENT. FURTHER FALL FEARED. United Press Assn.—Elec. Tel. Copyright (Received March 24, 10.10 a.m.) LONDON, March 23. The delay In arriving at a decision regarding butter restrictions has caused prices to fall. In anticipation of restrictions the Continent has been sending large quatitles here, comprising 26,000 cwt. ol‘ Siberian, which has arrived since the middle of February, compared with nothing for the corresponding period of 1932. Importers fear that prices will decline further unless restrictions are quickly imposed. An illustration of the effect of restrictions is afforded by bacon, for which the price has riesn 30 per cent, in the four months since the quota was imposed. Danish bacon is now fetching the same price as Australian butter, instead of about half of it, as was usual formerly.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19330324.2.50
Bibliographic details
Waikato Times, Volume 113, Issue 18903, 24 March 1933, Page 5
Word Count
195BUTTER IN LONDON. Waikato Times, Volume 113, Issue 18903, 24 March 1933, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in