The Guardian And Evening Star, with which is incorporated the West Coast Times. FRIDAY, SEPTEMBER 5th, 1924. DAIRY PRODUCE.

Hokitika Guardian, 5 September 1924, Page 2

The Guardian And Evening Star, with which is incorporated the West Coast Times. FRIDAY, SEPTEMBER sth, 1924. DAIRY PRODUCE.

Kefkrking to the liutter market an Auckland report <>i' last week, says: "Although there has not keen any actual decline in the price of liutter on the I .ondon market, the position at the moment can he described as quiet. It is. however, considered by some closely in touch with the l-ondou market that this slackness is of a temporary character, and in view of the fact that prices wore ruling so high at this period of the season, when the decline in the production in the Northern Hemisphere has not really reached a serious proportion, the outlook for the earliest arrivals of the new output from Australia this season may l>c much larger. Recent visitors to Australia state that indications are that the export of butter front the Commonwealth this season will be considerably in excess of that for the last two years. Meantime, however, offers for Aiifrust-Septemher make of Xew Zealand butter reached Is 7fd per ]l> f.o.b. Although that figure is not actually available to-day, it is thought that even higher prices will bo offering in the near future. The highest price for Ney.'

Zealand butter in London during the past, week was 210 s per ewt. which is equivalent to Is Sd per lb l.n.h. at Auckland. On the local market, however. lirst-grade butter in pats is still quoted at Is 7d ])Or lb wholesale, which only represents a return to the producer of Is Aid per lb. The new season for butter in the Auckland district o]cned well, but recent frosts in some districts bad the effect, of checking the growth of pasture. 'I lie result lias been that the quantity of butter coming torward so far was not so large as bad been expected." At the present time cheese is in short supply and is likely to remain so until the new season's make is ready. Consequently, prices have a rising tendency, but they are likely to fall again as soon as the Hush of the season comes on.