BUTTER BUYERS "CRITICAL."

Dominion, Volume 4, Issue 1124, 11 May 1911, Page 8

BUTTER BUYERS "CRITICAL."

POOR SALE FOR "FISHY" PARCELS. In a communication to its Wellin«ton branch a London firm writes on Mnrcli 21:— Last week's advance in tho Copenhagen quotation checked tho Danish butter trade, and tho market this week'has hc-como dull. Tho demand for fine and finest Australian and Kow Zealand continues fairly good, but inferior grades are neglected, and parcels of "fisliy" i:nd other bad flavoured butter are unsaleable except at very heavy reductions iiv price.

Wo wish to emphasise the fact, that buyers are now very critical, ft s is verv natural, and it is very difficult to get them to even make a bid for inferior lots. Unsalted commands a slight premium over willed.

"Both Canadian and New Zealand cheese are firmly held, although the inquiry for tho latter is mostly on the part of speculators, the general" consumptive demand being quiet."

In New South Wales the output of inland dido - factories shows a considerable shrinkage, but supplies from coastal districts aro well maintained, more particularly from tho north. Production is on the'increase in most parts of Queensland.

The London correspondent of the Sydney "Herald" writes that tho beef nodule trouble is over, and lias done little harm to Hie trade, though some of tho Queensland shippers must have lost heavily in having lost claims of c.i.f. buyers, who either threw up their bargains or demanded considerable allowances on the ground that the nodulo beef was not a "merchantable article."