N.Z. BUTTER.

Press, Volume LXIII, Issue 18893, 7 January 1927, Page 9

N.Z. BUTTER.

♦ FOR CANADA AND U.S.A. [THE PRESS Special Sorvies.] WELLINGTON, January 6. Both Canada and the U.S.A. have become customers for Now Zealand „ butter at prices above London parity, and this should have a steadying effect on the London market, Btated Mr T. C. Brash, socretary of the New Zealand Dairy Control Board, to-day. The Arawa, duo to leave Auckland on January 12th, he added, would take to Halifax 23,000 boxes of butter," which was all sold at prices above London parity. The same steamer would take 16,000 boxes of butter on optional Now York-London bills, whioh meant that if satisfactory prices were not obtainable in New York, the consignment would be taken on to London. The Tahiti, due to sail on January 81st, would take 15,000 boxes of New Zealand butter for Vancouver, whioh butter had been sold on the same terms as the Arawa consignment. A further shipmont of 12,000 boxes ivould go to Vancouver by the February steamer, and the Devon, sailing, on February Ist, would take a further shipment to Halifax.

Tho chceso position, stated Mr Brash, 'was steady without violent fluctuations either way. No serious decline in cheese prices was anticipated. The last shipment of 15,000 boxes of batter went to New York by the Hororata, and all but 4000 boxeßj whioh were sold at Panama, landed in New York about the last week in December.