BUTTER AND CHEESE

Sun (Auckland), Volume IV, Issue 935, 31 March 1930, Page 13

BUTTER AND CHEESE

DAIRY BOARD’S REVIEW The New Zealand Dairy Produce Board has received the following market report from its London office, dated March 28, prices for the previous week being- given in parentheses: Butter New* Zealand. —Salted. 126 s to 130 s (133 a to 1365); unsalted. 13Ss to 144 s (146 s to 150 s) ; first whey, 120 s (1265); second whey. 118 s (1245). Deliveries New Zealand this week, 1,400 tons; in store, 8,050 tons. Australian.—Salted, 124 s to 127 s (130 s to 1345); unsalted, 124 s to 128 s (134 s to 1365). Argentine.—Unsalted, 124 s to 128 s !<l2Bs to 130 s). Danish.—l4os, f.o.b. (150 s). Dutch.—Unsalted, 146 s to 14Ss (154 s to 1565). Polish.—ll6s to 3 20s (120 s to 3 30s). Market is steadier. New Zealand retail price reduced to Is sd: Danish retail price reduced to Is 6d. Cheese New Zealand.—White, 78s to 70s (Sis to 82s); coloured, 70s to Sis (82s to 84s). Deliveries New Zealand this week. 26,247 crates; in store, 113,974 era tes. Canadian.— White, 96s to 100 s (96s to 100 s); coloured, S6s to 98s (96s to 88s i. Deliveries of Canadian. 3.200 boxes; in st:>re, 119,354 boxes. The market is Quiet. New Zealand retail price unchanged. MERCHANTS’ REPORTS Merchants report receipt of overseas cables as follow: Tho Bank of New Zealand lias received the following advice from its London office as at the close of business last week: “Butter: Market flrnur at 129 sto 130 s a cwt. Cheese: Market quiet; white, 78s a cwt; coloured, 80s a cwt.” Amalgamated Dairies, from its London office: —“Butter: Market closed steady. Anchor 1325, other finest 130 s; Danish 148 s spot, 140 s f.0.b.; deliveries New Zealand 1,406 tons; stock 8,045 tons; retails generally Danish Is 6d, New Zealand Is sd; some selling Empire butter Is 4d. occasionally cheaper grades Is 3d. Cheese: Prices now—)vhite 795, coloured 80s after heavy selllns; some quarters 3s less: retails rnostly unchanged, occasionally New •Zealand lOd.” HUGE TRUST COMBINE Heed. 9.5 a.m. NEW YORK, Sunday. is understood that an amalgamation is pending of the Guaranty Trust, the Bankers’ Trust, and the New York "rust Companies, with total resources exceeding € 600.000.000. No other re•ent combination is so large as this.