HEAVY BUTTER SUPPLIES

Sun (Auckland), Volume III, Issue 621, 25 March 1929, Page 10

HEAVY BUTTER SUPPLIES

EFFECT ON LONDON MARKET (Australian and N.Z. Press Association) LONDON, Saturday. The position of the butter market continues to be unsatisfactory, chiefly on ac* count of the countiued heavy shipments from Australia and New Zealand. The quantities afloat to the United Kingdom from Australia, New Zealand and the Argentine on March 21 were 699,000 boxes, which is 177,000 boxes more than at the corresponding period of 1928. Another depressing factor is the weakness of the Danish market, owing to the lack of demand from Germany. The consequence is that Danish supplies to England have heavily increased, and the official quotation was lowered this week by 25 kroner (about 275) a 100 kilograms (about 2241 b), and the present value, in London is about 30s a cwt. lower than a year ago. FEILDSNG STOCK SALE Press Association FEILDING, Saturday. There was a keen demand for breeding ewes at the Feilding stock sale yesterday, prices ranging up to 42s 6d for a specially good line of two-tooth ewes. Other prices were:—Two-tooth ewes, from 28s 7d; four and six-tooth ewes, 25s Sd; four-year ewes, 27s 9d to 2Ss 8d: fiveyear ewes, 27s 6d; four and five-year ewes, 23s 2d; two-tooth wethers, 2Ss 3d; older wethers, 28s; black face lambs, medium, 17s; wether lambs, 19s 4d; ewe lambs, 24s to 24s 6d: Lincoln lambs, 15s Id; fat black face lambs, 19s lOd; white face lambs, 21s to 22s 9d; wethers, 29s 3d to 30s. Dairy cows realised £6 10s to £l3; heifers, £6 ss; weaner heifers, £2 to £4 19s. In store cattle, weaner bulls made 27s to £3 10s; steers, £8 11s; cows running with Polled Angus bull, £5 17s 6d; bulls, £3 7s 6d to £5 17s 6d; fat heifers, £8 IQs to £10; cows, £4 10s to £9 ISs; bullocks, £lO ss.