DEPRESSED BUTTER MARKET

Evening Post, Volume CIX, Issue 42, 19 February 1930, Page 12

DEPRESSED BUTTER MARKET

tinned Press Aasoclaliou— Uy Electric Tele- ' ; ' . urupb Copyright [' ' , LONDON,-.Jith February. The position "of JSe\v Zealand and Austraiiaij bul'.er cbutiiiueb very bad owing to the iii:*ne.s3 erf the winter, which is reflected hi. the presence on the market of i Irish, Polish, and Latvian butters, but of inferior quality., Some Victorian butter also had a bad effect. The Dairy Board' gives , comparative New. Zealand butter London prices for January as follows:—

Mr.i Thomas Gray, Wellington, has.today received"the following cablegram trom Air... A. C. Rowson, Londou:—-"Market" very slow, weak. Cheese, coloured 86s; white 88s. Butter, 148s. Both markets downward tendency." Messrs. Dalgety and Company, Limited, have-received the following market, advice from their head office, London, under date of the 17th February:—Messrs. Samuel Page and Son report: Butter—New Zealand, finest salted, 148s to 150s (149 ato 1525)- Australian, finest salted, 144s to 146s (146s to '150s). Cheese: New Zealand,/white 87s to 89s (88s to 90s), coloured 86s to 88s (86a to 88s). .Butter and cheese: "Buyers holding off. Dalgety'and Company, Limited, to-day received the following market advice from head office, London, under date of the 18th February:—Messrs. Samuel Page ; and Son report: Prices are Is to 2s per cwt lower for butter, and Is per cwt lower for cheese. >

Jan. 1930. . ■ Pel' cwt. First week 156s-160s '■ Second'week ...;., 154s-15Ss Third week ..;... 152s-15tfs Fourth week 154s-150s Fifth week 151s-154s Jan. 1929. Per cwt. 182s-!86s JS4s-188s 1S4s-187s 182s-184s 1S1s-1S5s