N.Z. DAIRY PRODUCE

Hokitika Guardian, 20 July 1927, Page 1

N.Z. DAIRY PRODUCE

IXC’KEASING AMERICAN DEMAND. AUCKLAND, July 18. The prospects of developing markets in the United States and Canada for New Zealand dairy produce impressed Mr E. J. Leonard, of Leonard and Sm. Ltd... Auckland, who returned by the Alatinganui to-day.

-‘1 was particularly impressed with the possibility of effecting large sales of our blitter and cheese to the United States and of butter to Canada,” said Mr Leonard. “In America there is an excellent business system for the purchase and marketing of primary produce, and my investigations led me to believe that there is no reason why New Zealand should not become a regular supplier to American markets in the season when our production is at its maximum and that of the northern hemisphere at the minimum.

“The many conversations I had with dairy produce merchants in Canada revealed that Canadian interests share the view that Canada would have nothing to lose ml much to gain, by selling its ‘flush’ season production to the United States and Great Britain, and replacing its stocks of importations from N.Z. That would obviate the present necessity for Canada to carry its own butter in store for long periods to tide over the winter, when Nov Zealand can ship ample Tre.sli supplies. “American merchants said they had no objection to New Zealand butter entering the market. They would welcome it. they said, and admitted they would have to buy it. in spite of the 12 cents per lb. duly. There is every reason to assume that an increased quantity of New Zealand dairy produce will be required in the United States.”

11 KMI COMMISSIONER’S REPORT. WELLINGTON. July 18. The Department of Agriculture has received the following cablegram dated July Kith., froiii the High Cnminiss,inner for New Zealand. London;T V FLOW. There is practically no demand- and no auction this week. Quotations aro nominally unchanged. apples. The market is quiet. Port Denison shipments arrived in good condition. Prices are as follows: —Sturmcr 10s to 20s per case; Dougherty. Ballarat. Seedling, Rome Beauty, Dunn’s Favourite and Cleopatra, 18s to 20s per case; Jonathan, 20s to 22s per case; Statesman. 20s to 23s per ease. HONEY. The market is quiet. Present quotations are: New Zealand, white, 75s to 80s, light amber G7s Gil to 80s. medium amber prime 60s to 08s Gd, dark 55s to GOs; Jamaican, 30s to 50s; Haitian, 30s to J2s Gd ; Californian, 12s Gd to 50 s; Cuban, 10s to 17,s Gd. HEMP. The Manila market is quiet but steady. “J” grade July-Septemiber shipments are quoted at £-13. The value of sisal is better and sales reported are: Afloat No. 1 £3B to £.38 10s, Tanganyika, and Kenya July-Scp-teinlMM- shipments No. 1, £3B and No. 2 £.37 (sellers). The New Zealand market continues quiet and values aro nominally unchanged. Shippers are asking £3G for liighpoints, but no business is reported at this price. AVOOL. The sales continue to he well attended with competition brisk. Opening rates gre being fully maintained for all descriptions, but holders are imposing firm limits, causing somewhat largo withdrawals.