PRODUCE PRICES

Hokitika Guardian, 10 June 1926, Page 3

PRODUCE PRICES

Messrs \V. Weddel and Co. I del advise as follows on dune sth: Danish Imtter 178 s; New Z.'a ant unsalted 1765; New Zealand sated 1745. Cheese, white 935; coloured . 3s. Quotations show a considerable improvement. There has been a hotter all round demand *did a tei tUU amount of speculative buying is being indulged in, in consequence ot dmnaraoing reports regarding Continental mu, plies. At the present time, owing to the fact that so much butter is being bold off the nm.kct by instructions of the shippers in Nc Zealand, there is only a limited quantity of New Zealand butter available. It \ anticipated, however, that should leased to meet the demand and steal. the market. . v ew Stocks of butter in stoic 1 Zealand are considerably the quantities in store at ' last vear, and consequently there September and tins also will be mel ed to have a steadying affect ""production —From grading . which are just available it is in ere - ing to note that New Zealand butter production will be close on 8,000 tons short of last season. Cheese.—The market is. steady at round about 93s but Canadian new season’s fodder cheese is being quoted at very much lower figures and with these lower quotations for Canadian new season’s cheese, the market is somewhat depressed. There are close on 11,000 tons of cheese in store in New Zealand at the end of May, as compared with approximately 3,000 last season, so that the arrivals in the next few months in the United King- - dom will certainly be considerably in excess of the arrivals in previous years.