BUTTER DEBACLE

Evening Post, Volume CXV, Issue 74, 29 March 1933, Page 10

BUTTER DEBACLE

A FURTHER - DECLINE

(Received March 20, 10 a.m.) 1 .- LONDON, March 28. New Zealand salt butter, 68s to 70s per cwt. Australian salt butter, 66s to 68s.

The Dairy Board has been advised of the course of the ; London market for New Zealand salt butter week by week since January as follows:— Date. . Per Cwt. January 6 S2s to 84s January, 13 81s to 82s . January 20 80s to 81s ■ January 26 79s to 80s February 3 78s to 80s . February 10 78s to 80s 17 ...... 75s to 78s February 24 '.... -73s to 76s ■. March 3 75s to 78s March 10 71s to 74s March 17 77s to 80s .March 24 71s to 72s ' Joseph Nathan and Company, Ltd., have today received from their principals, Trengrouse and Nathan, Ltd., London, the following cable advice, dated March 28:—"New Zealand butter 69s to 70s per cwt. Weak."

Dalgety and Co. yesterday .received the following cable from' Samuel Page atfd Sons, under date of the 27th instant:— "Since our report of March 23, butter 2s per cwt lower; white cheese 2s per cwt lower." ' Nathan and Co. are advised London^ March 28:—"New Zealand cheese, white 40s, coloured 48s. Market steadier." ;The New Zealand Producers' Co-opera-tive Marketing Association's weekly cabled market, report from London, dated March 28. is as follows:— "Butter: Market depressed, nad declining. New Zealand, G9s to 70s; Danish 90s to 925. ■> .. . ' "Cheese:' Market slow, New Zealand, white 40s to 41s, coloured 48s; Canadian, white and coloured, 60s to 665."