BUTTER AND CHEESE

Sun (Auckland), Volume I, Issue 227, 14 December 1927, Page 12

BUTTER AND CHEESE

OFFICIAL QUOTATIONS Under date December 9 the London office of the Xew Zealand Dairy Produce Board cabled as follows: Butter Xew Zealand, salted 164 sto 170 s (170 s to 1725), unsalted 180 sto ,188 s (ISSs to 1925); market slow; better demand anticipated next week; week's deliveries, New Zealand, 2,000 tons, in store 2,900 tons. Australian, finest salted 3 61s to I6Ss (166 sto 170 s), unsalted 170 sto ISOs (180 s to 186 s). Argentine, finest unsalted 16('s to 170 s (166 sto 170s>. Polish, salted 160 sto 1625, unsalted 164 sto 1 665. Siberian, salted 154 sto 158 s (156 sto 158 s). Danish, 195 sto 196 s spot, lS6s f.o.b. (192 sto 196 s and 190 s). Retail prices: Xew Zealand, Is Sd; Danish, Is lid. Cheese Xew Zealand, white 93s to 95s (9Ss to 100 s), coloured 92s to 94s (96s to I/Ss); market quiet. Canadian, finest white 102 sto 101 s. September make 104 sto 106 s (104 sto 106 s), coloured 100 sto 104 s, September make 102 sto 104 s (104 sto 106 s). English, finest farmers’, 126 sto 130 s (126 sto 130 s). Australian, finest white and coloured, 90s to 925. Retail price. Is Id. The estimated stocks in public stores at December 1 at London, Liverpool, and Bristol are: Xew Zealand and Australian, 25,250 prates of cheese (last year 13,650 crates): Canada and United States, 178,200 boxes of cheese (213,000 boxes). American Markets The Canadian agents of the board cabled as follows: Butter.—Xew York, fresh extras 52 cents (2s 2d), fancy held 49 cents (2s Old); Montreal, 37£ cents (Is 6ijd); San Francisco, extras 49 cents <2s OJd); expect no activity until after the holidays. LONDON BUTTER MARKET Mr. G. Paviour-Smith has received the following cable market report from his London principals, the Anglo-Continental Produce Company. Ltd., dated December 13:—Butter, 2585. 2645. Cheese, 90s, 93e. British and Continental market demoralised. CHICAGO WHEAT By Cable. — Press Association. — Copyright. Reed. 9.36 a.m. CHICAGO, Tuesday. Wheat.—December, 1 dollar 26£ cents a bushel: March, 1 dollar 29 3-S cents; May, 1 dollar 31 1-8 cents.—A. and X.Z. STERLING TRANSFERS By Cable. — Press Association. — Copyright. XEW YORK, Monday. The price of pound sterling cable transfers to London reached 4 dollars cents, and late" fell back by 1-16th to 4 dollars 88 7-16 cents.—A. and X.Z.