COMMERCIAL.

Horowhenua Chronicle, 14 July 1911, Page 4

COMMERCIAL.

COLONIAL DAIRY PRODUCE

Messrs \V. Wed':! el and Co.. of London, send 11s their weekly market report, dated .June '2, as follows: Mutter.—Genuine summer weather still continues to favour us, though there are certain parts of the country which will soon, require general rains, 'otherwise the parfcurcs must begin to show the effects of the very hot weather that lias prevailed ]yThe demand for Australian and New Zealand butter is becoming more irstricted every week, and as arrivals of New Zealand to-day in the Arawa complete the season's supplies, this variety will soon be off the market until t'he opening of the next season in October or .November. Continued shipments (but only comparatively small), are being mado of Australian, and. it looks almost as if arrivals would come all the year round. The quality of Australian is now better than it was when the butter was made during the heat of the Australian summer. Prices this week show practically no chancre fit) 111 last quotations. Shipments advised this weekconsist of 2(if>o boxes only, while arrivals total 13,200 boxes. The market for foreign butter continues rather quiet, but prices are unaltered, while supplic-s"keep fully up to requirements. Kullgrass butter froiu Siberia, will be here shortly, but there is some uncertainty yet as to the supplies, owing to the peculiarities that iliiave lately developed in the Siberian climate, an unseasonable cold and unseasonable heat having alternated of late. Cheese. —There seems to be a want of confidence in the prospects of the checse nmrkofc which is difficult to understand. On statistics, the market should lie strong, but it is weak. At this time of the year, when Hie Canadian new season 's opening, there is always a desire 011 the part of large operators in this article to force down prices as low as pi ssible. This year the desire is exceptionally strong, because, for the past three years, Canadian prices have ruled so high in the earleir parts of the season that very little profit has been left in the pockets of the dealers. They are naturally anxious to prevent a repetition of this state of things if possible, and are therefore pressing sales of all kinds of cheese 011 the spot.

THE PIUCK OK IU'TTER

Butter is steadily rising. Tt now stands at Is od por II) retail, with a possibility of Is (id brin<>" reached ■before the end of the week. A Wellington merchant, discussing the matter with a New Zeaalnd. Times reporter, emphasised tho point that the traders were not responsible for the high price ruling. Tie read two telegrams sent to dairy factory managers in response to inquiries for quotations. One was from Kaupok'iniii offering t.l:e output of July and August, estimated at 31(5 boxes respectively, at Is 3:1 per pound wholesale. The ot'her was from the Mangorei factory quoting Is 3.1 d. "This shows. ' observed the merchant, ''that, the traders in town arc not taking any undue advantage of the public. Of course, this state of affairs cannot last long. In a. fortnight, or three weeks, wit.b decent weather, prices should show a change."