DAIRY PRODUCE

Dominion, Volume 28, Issue 104, 26 January 1935, Page 10

DAIRY PRODUCE

Butter Firm at 84/-BS/-CHEESE MARKET SLOW By ’Telegraph.—Press Assn.—Copyright. London, January 21. The butter market is active. Danish, 116/-. Choicest salted, New Zealand, 84/- to 85/-; Australian, 82/- to 83/-. Unsaltcd butters are about 2/- cwt. premium. Cheese is slow. New Zealand, coloured, 45/6; white, 46/-. Australian, coloured, 43/-; white, 44/-. Joseph Nathan and Company, Ltd., have received from their principals. Treugrousc and Nathan, Ltd., London, the following cabled advice, dated January 24:--New Zealand butter, 84/- to 85/-; very firm. New Zealand cheese, white 46/-, coloured 45/6. Steady. Samuel Page and Son, Ltd., London, report to Dalgety and Co., Ltd., under date January 24:— Butter: Market firm. Danish, f.0.b., 96/- (97/- to 98/-). New Zealand, finest salted, 83/- to 84/- (79/- to 8(1/-). Australian. finest unsalted, 83/- to 85/- (82/to 83/-) ; finest sailed, 82/- to 83/- (78/to 79/-). G.A.Q., 80/- (76/- to 77/ ). Cheese: Market is depressed. New Zealand. white. 45/- to 46/- (45/- to 45/6) ; coloured. 45/- to 45/6 (45/- to 45/6). ■Spot price for Canadian white. 56/- to 60/- (56/- to 60/-) ; coloured. 56/- to 60 (56/- to 60/-). Last week’s quotations shown in parentheses. Mr. G. A. Mills has received the following cabled advice from A. J. Mills and Co.. Ltd., London, dated January 24, giving the following market prices at close of business on Thursday:— Butter: The market is quiet, but likely to improve later. New Zealand, finest, 83/- to 84/-; firsts, 82/- to 83/-. Australian choicest, 82/-; first grade, 81/-. Danish (spot), 116/-; (f.0.b.), 97/-. Cheese: The market is slow. New Zealand. white. 45/6 to 46/-; coloured, 45/to 45/6. Canadian, white and coloured. 58/- to 60/-. A. S. Paterson and Co., Ltd., have received the following cabled advice from J. and J. Lonsdale and Co. (London), Ltd., dated January 24: —Butter: Market firm. New Zealand, 85/-; Australian. 84/-. Danish: Market quiet, 96/f.0.b.. .1.17/- landed. Cheese: Market, firm. White, 46/-; coloured, 45/6 to 46/-. LONDON WOOL SALES Competition Well Sustained By Telegraph.—Press Assn.—Copyright. Ijondon. January 24. At the wool sales 10,380 bales were offered, including 4929 for New Zealand. About 8551 bales of Australian and New Zealand wool were sold. Competition was well sustained at steady rates. Compared with the closing of the last series, best greasy merinos were 5 per cent, up, others unchanged, scoureds from par to 5 per cent, up, fine greasy crossbreds 5 per cent, dearer, and mediujn coarse par to 5 per cent. up. New Zealand greasy crossbred, Titi, 10j<!., 9d. Lamb slipe, Feilding, 14d., 11 jd. Bradford Tops Steady By Telegraph.—Press Assn.—Copyright. Bradford, January 24. The Bradford merino tops are steadier at lower quotations. Latest quotations are as follow: — Jan. 3. Jan. 10. Jan. 17. Jan. 24.

Wright, Stephenson and Co., Ltd., and Abraham and Williams. Limited, report having received cable advice frorj, their Bradford agent regarding the tops market reading as follows : —Merino tops are Id. down, while crossbred tops are steady. There is very little business passing, but consumption on old contracts is well maintained. .Users of tops are ■well covered for some time to come. GRAIN AND PRODUCE Canterbury Markets By Telegraph.—Press Association. Christchurch, January 25. The main interest in the grain market is the heavy offering of milling wheat. Samples generally are good, but a proportion is light in weight and thin. However. considering the dryness of the season, the average quality of the wheat so far is distinctly good. There has been no instance of samples carrying excess moisture. Millers have bought freely. The yields, as expected, are turning out light, and predictions in the trade are that the general average will be at least four bushels an acre less than last season, when the average was 36} bushels. Fowl wheat continues very firm at 4/- f.0.b.. Some samples of oats have been offered. and most of them are particularly good in colour and weight. One of Gartons went as high as 4,Th. to the bushel. Nominal quotations are 2/6 to 2/7 f.0.b., s.c., for A Gartons for April-September delivery, and 2/3 to 2/4 for B’s. No business is reported at these prices, buyers being scarce. Samples of pens have been offered merchants unusually early. The pens are even but small. Growers are diffident about putting a price on their samples, and there is no quotation from the trade so far. The continued dry weather is making the potato crop uncertain. Inquiry has been general from the North Island for the last few weeks, as the dry weather in the Auckland province is likely to cause the Canterbury market to bo resorted to earlier than usual. Similar weather conditions in Canterbury are hardening growers’ ideas of the market, and nt Ibe moment there am few sellers. Quotations nominally are about £4/10/a ton for Anril-Jnno delivery for whites, and to £4/15/- for Dakotas. Auckland merchants are not paying these prices in the ni'-antime. Indications are that the onion crop will bo much reduced on account of dry weather. Lil tie forward business is being done, growers being disinclined to name a price for this business. Prompt onions are worth £7 a ton on trucks. Cocksfoot, is now commencing to appear on the market, and 74(1. a lb. is available for Aharon heavyweight seed Some business Ims taken place at this figure, and a transaction at a fraction higher is also reported. Plains seed is north from 6:1. to 61(1. for farmers’ dressed. Reports are to the effect that the white clover crop will be a large one. Quotations cover a wide range from sd. to Bd. a lb. for farmers’ dressed. Best quality perennial and Italian ryegrass is quoted at up to '2/- a bushel to farmers, and light seed from 1/6 to 1 /9. Australian Produce By Telegraph.—Press Assn.—Copyright. Melbourne, January 25. Wheat 2/11} per bushel; flour, £7/2/6 per ton; bran. £4/15/-; pollard, £5; oats, 2/3 per bushel; _barley, English, 3/-; maize, 3/6 to 3/7. Potatoes, £9/10/- to £9/15/- per ton: onions, £B/15/-. • LIVE STOCK MARKET. Reports of Feilding and other live stock sales (will be found ou Page !2

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