DAIRY PRODUCE.

Waikato Times, Volume 120, Issue 19990, 14 September 1936, Page 2

DAIRY PRODUCE.

LONDON MARKETS QUIET. PIIOIS A SHADE Hlal-lER. AUCKLAND, Monday. Advlces from London state that prloes for New Zealand butter are a shade hlgher. choicest salted selling up to 1103 per cwt. Cheese values are pracllcally un:hanged at up to 695 per cwt. for white and up to 67s for coloured. Both markets are qulet. OVIMIAI lAIKI'I’ REVIEW. In their review or the dalry produce mrkels Messrs. A. 11, Turnbull and Col. 1.111., sure:— The followlnk are the London top quoIluons for the month:—

Inner. Mll'ull. the first month of Government control. brought with it a nrm and rising market. London spot prices rose steadily [Pom no: umll the peak was reached at till on August is; thereafter prices remained unchenrea till the end or the month when a slight weakening was manifest, lolowed bg a sever drop to Hus manifest [allowed y a severe drop to no: during the "rat week of September. Messrs. \V. \Veddel and CO., Ltd.. cable that a number or circumstances have contributed to this fall. The arrivals from New Zeuand show a aubstantlal incrense over the last two years. With a fairly sound stock position in the l‘nlted Kingdom, this Alone would not have anel'll'll the market, but added to this was a \ery heevr lnnux or Continental butters. Accord n; tn the lmperill Economic Cummmees report, stocks or butter rrnm all sources are “.800 tons as against 26.500 tons last yearl For the fortnight ended sentember 0. in place or the usual decline in stocks. there was a slight increawi Again. hlkher prim-9 have a< usual eurmlned the. consumption. The priiu-ipal factor. however. can be round It) the advice that the trade EH a whole has been Inticifutlng I strung buying demand rrnm Amer ('I and whirh has not eventuateil. Buyers immediately remembered similar clrcumstences last year and the slump tn vuuea which followed. and Dei'etne (listlnctly nervous. operating nnly rrom hand to mouth. some cables even describing the markets es delnorellud. The future Is too dimrult to rnreeast, but now that the market has steamed it is hoped that the usual recovery mw' follow. Chute. Cheese hu. as usual, followed closely the course or the butter mlrket. riSInR Iteldtly throughout August but with only It alight easing for the nrst week of Set» umber. Although the stock position or rheese is still very snumt. with eatlmnted arrivals for September to November about equal to test Your. MESSI‘S. \V. \Vemtr‘l and (10.. MIL. table us that the future or "teen Is very dlmrult to rnrevnst as It H itn‘lriably dominated by the butter liter--0 . _—__—_

Aug. Aug. Sept. Sam. 4 18 1 7 lunar I s a 5 NJ. line" H... HG 121 118 HO [Inn-Hoes ..... 115 120 117 HO Dlnlsh 195 128 127 1‘27 Mukot Qulal Firm “’8“ \Veak choose—NJ. whll. ..... GD 70 71 70 Coloured ....... 6| 67 68 67 Nuke! quiet Firm Slow Qulbt hum-ted lrflvus n the l'nnm Kingdom during September. Och-her and November, comvnrad wuh actual arrwals in previous Masons:— uow luluul lunar. I931 1935 195M Tons Tons Tum “number -.... 6.083 8.930 19,0.“ 0000b" ..... 10.463 0.345 0.350 ”(Number ,..... 8.366 7.721 10.75" 24.912 25.996 33,084 Now lull-ml Chuu. Scum" .... 6.050 5.942 5414‘ Oc‘ober ...... 5,077 4.8“) 5.357 ”(wombat 4.159 9.303 4,735 15,286 12,855 15,550