BUTTER AND CHEESE

Sun (Auckland), Volume I, Issue 176, 15 October 1927, Page 12

BUTTER AND CHEESE

SPECULATIVE WAVE GONE POSITION SOUND As previously indicated in U4*OS would “seen aTaUinf off In consumptloThis has apparently been reall»«<_' a general slackening of Mjj l * ported, with an easier tone in the London cables all indicatefinest top price for New Zealand fineiit butter over the week, and eve figure the demand is dun. ... at u nCheese, though quiet, is selling changed values. h,* m*rDespite the temporary lull in b ket, however, the forward position contributions to market this season have been eg « while Argentine’s output is c llm*tic stricted owing to unfavourable conditions. oaS aei anj “The speculative \*a\e has j ßm we are now experiencing icb » in the market,” was the gunna*! leading Auckland butteup the position to-day. ”« erf reason for alarm at the values as there was nothing to in that the forward position was> , n pr j C e Butter could only go i-O a c j,« before consumption , wa * m arl: to** stated, and apparently that man. been reached. „ 4 . P and Co - Under date October 14 Ltd., London, cabled th ei^_^ Ltdagents, A. H. Turnbull and teas follows: Ne* “Butter.—Darish. 192 s to ZeaZealand, unsalted, 184 s to alc w. land, salted. 174 s to 1755. n »* et an ,| col“Cheese.—New Zealand. cnadoured, 103 sto 105 s: market quiet. „ ian, white and coloured. 104 s to