BUTTER AND CHEESE

Sun (Auckland), Volume IV, Issue 957, 28 April 1930, Page 11

BUTTER AND CHEESE

DAIRY BOARD’S REVIEW

The New Zealand Dairy Produce Board has received the following market report from its London office dated April 25, prices for the previous week being in parentheses: Butter New Zealand: Salted, 128 s to 1345, up to 136 s (123 s to 1265), (last year, 162 s to 1645); unsalted, 136 s to 144 s (132 s to 140 s), (last year, 166 s to 168 s); first whey, 122 s (116 s); second whey, 120 s (114 s). Deliveries New Zealand this week, 950 tons; in store, 9,050 tons. Australian: Salted, 126 s to 132 s (120 s to 1235); unsalted, 128 s to 130 s (120 s to 1245). Argentine: Unsalted, 118 sto 124 s (114 s to 120 s). Irish: Salted, 128 s to 132 s (120 s); unsalted, 130 s to 134 s (1245). Market firm, on greatly improved demand. Danish: F.ob., 130 s (1335); spot, 13Ss to 140 s (138 s to 140 s). Dutch: Unsalted, 138 sto 140 s. Market steady: Siberian: 122 s (116 s to 118 s). Polish: 118 s (112 s to 118 s). Retail prices unchanged. The Empire Marketing Board’s estimate of stocks of all butters at April 19 is 727,510 boxes. Cheese New Zealand: White, 78s to 81s (75s to 765), (last year, 87s to 88s); coloured, 80s to S4s (88s to 89s), (last year, SSs to S9s). Deliveries New Zealand this week, 19,750 crates; in store, 117.771 crates. Canadian: White. 104 s to 106 s (96s to 100 s); coloured, 104 s to 107 s (96s to 9Ss). Deliveries of Canadian, 2,017 boxes: in store. 102,95 S boxes. Australian: White, 70s to 735; coloured, 70s to 71s. Market steady. Improved demand, with retail prices unchanged. North American Market The board has also received the following advice from it-s agents in Canada: Butter: New York, 385 cents (Is 71d); Montreal, 31£ cents (Is 3fd>. Merchants* Reports Merchants report receipt of overseas cables as follow: Amalgamated Dairies, from its London house: —Butter: Have succeeded raising the market for “Anchor” butter to 140 s. Rapid movement against bears proved entirely successful. Danish, 140 son the spot. 132 s f.o.b. Retails still generally. Danish Is sd, New Zealand Is 4d; although Multiples discussing advancing. Deliveries: New Zealand. 948 tons: stock, 9,060 tons. . The cheese market continues strong on good demand, with spot stocks available for sale very short. More than anticipated being withheld by speculators and factories. Closing price, white 84s. coloured SSs: retails still generally lOd, although advance being considered. Newton King, Ltd., from R. and W. Davidson, dated April 25:—Butter: The market is firm: salted, 128 s to 1345; unsalted, 136 s to 1445: wheys, firsts, 1225, seconds 120 s. Cheese: There is an improved demand. Coloured, 80s to 84s; white, 78s to Sis.