LONDON BUTTER VALUES

Sun (Auckland), Volume II, Issue 489, 19 October 1928, Page 12

LONDON BUTTER VALUES

MARKET QUIET, PRICES FIRM i ('Australian and N.Z. Prc»m Association) i Reed. 9.5 a.m. LONDON. Thursday. The butter market is quiet. with J prices firm. Danish. lS6s. j Choicest salted New Zealand. ITSs to j ls2s; exceptionally fine quality, lS4s. Australian. 3t>6s to 170 s. i Unsalteds are very scarce, about 10s } to 12s premium i Th© market for cheese is quiet. New Zealand coloured IOSs to 109 s, white 110 sto Ills. Australian has temporarily been cleared. Merchants’ Reports Merchants report receipt of overseas ; cables as follow: ; Norden and Co., from their London ! principals, Andrew Clement and Sons, j under data October IS: "New Zealand butter, salted, 176 sto lS2s (equivalent to Is s.lid to Is 5.73 d, f.0.b.); unsalted, 190 s; market quiet. Cheese, white. 110 s (equivalent to lO.Ood); coloured, lOSs; market steady." Amalgamated Dairies, Ltd., from their London manager, under date October IS: Butter, Anchor 184 s; marker still inactive: Danish lSls f.o.b. Cheese, 110 s; market inactive. WAIRAKEI, LTD. DIVIDEND OF 7* PER CENT. A net profit of £2,540 is shown in the report and balance sheet of Wairakei Ltd., for the year ended June 30, 1925. The directors recommend the payment of a dividend at the rate of 7i per cent. The directors’ report states that receipts for the year show an increase of £441 to £20,227. Forward bookings for the present season indicate an increased turnover. CHICAGO WHEAT MARKET (Australian and A .Z. Press Association) Reed. 10.16 a.m. CHICAGO, Thursday. Wheat.—December,, 1 dollar 151 cents a bushel; March, 3 dollar 201 cents; May, 1 dollar 225 cents.