LONDON BUTTER AND CHEESE MARKETS.

Ashburton Guardian, Volume VII, Issue 1809, 7 April 1888, Page 3

LONDON BUTTER AND CHEESE MARKETS.

The Nnw ZiaUnd Loan and Mercantile Agency Co report under date London, February 220 d : —

BUTTER.

Tha chftn;;eableni;as and not infrrqient miidrisaa of tha woather ai'nca the date of our latt circn'ar haa noted prejudicially upon the orjsutnptivo demand, whi'e the operation of the " Mtrgaiine Act " has tended to throw upon this market temporarily an ircraaaed quantity of Continental pare batter, whtoh under formar conditions, would ht.ve fouod its wsy into the hinda of foreign manufacture™ for the purpose of adnvxnira with one or ot!>er description of " prepared " produce. Latterly, heaver, the general demand has uodorgone eoina improvement ; and, with a failing-<>ff In the arrivals from the leading centres of produotlon on the Continent, prices of prime qualities, which had fe 'lven way materially, have partially recovered and now show no redaction from the level reported a month ago. New Z 'ulft id and Australian consignments, when really prime, have made IOOj to 112a per cwt. The balk of recent arrivala, however, have been of only medium quality and have realised with difficulty from 603 to 90i per cwt. Inferior uort3 hava met a drawing Bale at prioeß ranging down to 30s per ewe. Pending the reoeipt into warehouse of apipments ti Doric (s) and Kdkoura (a) the supply of oolonial parcels ia quite unimportant. We qaote :— Pec o*t. Prime Danish ... ... H6a to 122 i Prime Noimandy H2a „ 122<j Best Auarraliftn 100a „ 112j Beat N.Z nora, 1003 „ 112* Secondary N.Z. ... nom. 505,, 90a Inferior Jtf.Z. ... nom. 30a „ 40a ImportatloDß during the four weeks ended 17th iaatant amouuted to 8292 packages from Australia, and 4563 from New Zealand. CHEESE. The market generally baa been rather dull, holders of American parcels having been somewhat eager to sell, and while for certain descriptions there has been a fair enquiry, the prevailing tone has been one of dalluetß. New Zealand oonßlgnmeutß ex Tuinui (<) and Kaapehu (s) wore "•eneraliy of ouJy md fferent quality. For good qualities 48j to 50s per owt haß been realised, aud for common sortß 34s to 36s per cwt. The most reoent arrivals per Djrsc ( ) and K-*ikoara (b) not yet being iandea, the market ia praotlcally bare of New Zeulaud produce. We quote : — Per owt, Prime English Cheddar ... 70* to 80j Prime American do ... ••• 56s „ 60s Prime Canadian do 563 „ 60s Prime New Zealand ... nom. 56s „ 60b Secondary do 40s „ 54a iLferior do 20 3 „ 30s Importations during the four weeka en^ed 18ch Instant, amouuted to 872 cases from New Zaaland* and 20 from Australia.