BUTTER AND CHEESE

Sun (Auckland), Volume II, Issue 556, 8 January 1929, Page 12

BUTTER AND CHEESE

MARKETS VERY FIRM The Rondon office of the New Zealand Dairy Produce Board cabled the following market resume at the end of last week: Butter Ze «-la.nd: Salted. 182 s to lS4s, up to iSbs per cwt. (184 sto 186 s): unsalted. 194 s to 19Ss (194 s to 198 s): first whey, 178 s (1745); second whey, 176 s (1665). Deliveries New Zealand this week. 1.350 tons; in store, 2,530 tons. Australian: Finest salted, ISOs to 182 s (180 s to 184 s); unsalted. 182 s to lS6s (184 s to 188 s): exceptional, 188 s. Argentine: Finest unsalted, 176 s to 182 s (178 sto 182 s). Market improved after a quiet opening. Danish: F. 0.8.. 185 s (1935); spot. 195 s (200 s). Dutch: Unsalted, 20Ss (2125). Siberian: 134 s (1345). Ukranian: 1345. New Zealand retail price unchanged, at Is lOd. Danish retail price reduced to 2s. Estimated stocks of all butters in principal cold stores at December 31 was 3,451 tons, compared with 6,500 tons last year. Cheese. New Zealand: While, 95s to 96s (96s to 975): coloured. 98s to 99s (99s to 100 s). Deliveries New Zealand this week, 16,000 crates. In store, 21,000 crates. Canadian: White. 108 s to 112 s (110 s to 112 s); coloured, 106 s to 110 s, up to 112 s (108 s to 112 s). Australia: White and coloured, 96s (95s to 98s). English: Finest farmers’, 142 s to 144 s (140 s to 1445). Market quiet, retail prices unchanged. Estimated stocks of cheese at Dondon, Liverpool and Bristol at January 1 were: —Canadian, 150.600 boxes (last year 111.500 boxes); New Zealand and Australian, 29.200 crates (54,300). SHIPPING MOVEMENTS The Ruahine finished her discharge of butter on January 2. The Devon commenced to discharge butter on December 31 and finished on January 2. The Devon commenced to discharge cheese on December 31 and finished on January 3. North American Prices The board has also received advice from its agents in Canada as follows: Butter: New York, 49 cents (2s 0-_.d); Montreal, 41 cents (Is B£d). MERCHANTS* REPORTS Joseph Nathan and Co., report receipt of the following cable from their London principals. Trengrouse and Nathan, Ltd.: "Butter. 1 S4s to ISGs; more doing. Cheese, white, 945; coloured, S6s: nothing doing."