PRICES IN LONDON
REVIEW OF THE MARKET N.Z. PRODUCE FIRM Exceptionally fine quality Siberian butter is at present meeting with a good demand on the London market. Production generally on the Continent registers a large increase with the passing of winter and the market is weak. The drop in Danish butter on the English market is due largely, according to a recent London cable, to a change in seasonal feeding, resulting in irregular quality. The demand for New Zealand produce is steady and cheese is firmer. Last week’s allocation of 90,000 boxes is reported cleared. Under date May 7 the Department of Agriculture advises the following official range of prices: BUTTER New Zealand.—Salted, May 7. 152 s to 154 s per cwt.; April 30, 1545. Unsalted: May 7,164 s to 1665; April 30, 16 4s to 1665. Other qualities: May 7,142 s to 150 s. Australian.—Salted: May 7,150 s to 1525, up to 153 s per cwt.; April 30, 150 s to 1525. Unsalted: May 7, 15Ss to 1625; April 30, 158 s to 1595. Other qualities: May 7, 13Ss to 1525. Argentine.—Unsalted: May 7,150 s to 154 s per cwt.; exceptional, 1565; April 30, 152 s to 1565. Other qualities: May 7, 140 s to 148 s. Danish (maket steadier).—May 7, 160 s to 162 s per cwt.; April 30, 164 s to 1665. CHEESE Canadian (steady).—Finest coloured and white: May 7,92 s per cwt.; April 30, 90s to 945. Other qualities: May 7, 88s to 90s. New Zealand.—Fipest coloured: May* 7,82 s per cwt.; exceptional, 83s. White: May 7,82 s; April 30, 75s to 765. Other qualities: May 7,80 sto 81s. Australian.—-Coloured: May 7,77 s per cwt.; April 30, 73s to 755. White: May 7, 78s. Other qualities: May 7., 74s to 765. Estimated cheese stocks on May 2 at London, Liverpool and Bristol.—Canadian and American, 22,800 boxes; New Zealand and Australian, 119,850 crates, against 29,600 and 72,750 for the corresponding time last year. CASEIN Present quotations are: French rennet, £SO to £55; South American, £69. Shipments of New Zealand produce arrived this week per Tasmania and Pakeha.
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Bibliographic details
Sun (Auckland), Volume 1, Issue 40, 10 May 1927, Page 2
Word Count
350PRICES IN LONDON Sun (Auckland), Volume 1, Issue 40, 10 May 1927, Page 2
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