BUTTER AND CHEESE

Sun (Auckland), Volume IV, Issue 1035, 28 July 1930, Page 11

BUTTER AND CHEESE

DAIRY BOARD’S REVIEW Tho Nw Zealand Dairy, Produce Boaul has received the following market report from its London office dated Juiy 25, prices for the previous week being in parentheses: Butter New Zealand.—Salted, 735 s to 13Ssexceptional, 140 s (134 s to 1365) (last to 1725 : unsalted, 146 sto a46s to 148 s) (last year, 168 s to 1 , 2S): , fl N st whe - v . 132 s (1265); second whey, 130 s (1245). Deliveries New Zealand this week, 1,176 tons; in store. 10,445 tons. Salted. 133 s to 136 s to 3345); unsaltcd, 134 s to 138 s (131 s to 1345). Argentine.—Unsalted, 126 s to 130sexceptional, 134 s (124 s to 130 s) Irish.—Cream, salted, 138 s (1365); unsalted, 142 s (I40s), Danish— F.0.b., 3 50s (1435); spot, 155 s to 156 s (148 s to 150 s). Dutch.—Unsalted, 148 s to 150 s (150 s to 1525). Siberian.—l32s (130 s). Polish— UOs to 128 s (112 s to 1265). h rench.—Baskets, salted, 138 s to 140 s (138 s to 140 s). Market firm. Retail prices unchanged. Cheese New Zealand-White, 78s to 795, up to 80s (76s to 775) (last year, 88s to 89s); coloured, 83s to 84s (81s to 82sl (last year, 92s to 935). Deliveries New Zealand this week. 24,581 crates; in store, 124,665 crates. Australian.—White. 76s to 77s (755) ; coloured, 81s (80s to 81s). Canadian.—" White and coloured, S2s to 84s (white 80s to 83s, coloured 82s to 84s); c.i.f., 82s (80s). Deliveries Canadian, 6,435 boxes; in store, 116.623 boxes. English.—Finest farmers, 92s to 98s. Market steady. Retail prices unchanged. MERCHANTS’ REPORTS Merchants report receipt of overseas cables as follow: A. H. Turnbull and Co., from W. Weddell and Co., Ltd., dated July 25: Butter: New Zealand, salted, 135 s to 138 s; unsalted, 146 s to 150 s; Danish. 155 ato 1565. The market is firm. Cheese: White, 78s to 80s; coloured, 83s to 84s. The market is steady. Canadian, white and coloured, 82s to 84s. Amalgamated Dairies, from its London house:—‘‘Butter: Our prices unchanged: Anchor, 140 s; other finest, generally, 138 s; market quiet but firm at advance; Danish closed 1525, f.0.b., retails unchanged. Cheese: White, 795; coloured, 83s; market steady but quiet; Canadian, after asking up to 84s, now easier at 81s, c.i.f.; retail unchanged.” Leonard and Son, Ltd., from A. C. Rowson, Ltd., London, under date July 25:—"Cheese: New Zealand, white 795, coloured 83s. The demand and the market is steady; there is not much change in the outlook. Butter; New Zealand, first grade 1365, finest 138 s. The demand and- the market is steady, with an upward tendency." RAGLAN DAIRY COMPANY An increase of 61 tons of butter to 386 tons for the season, is shown in the annual report of the Raglan Co-opera tive Dairy Company for the season just closed. The average payment for butter-fat on superfine cream was, 16.078 d. In addition, .242 d had been placed to reserve, increasing the total to 16.320 d. As a small portion of the output was unsold this was not necessarily the final payment. The company’s table of averages shows the following figures: Suppliers. 166; cream received, 1.816,3371 b; average test, 39.18 per cent.; butter-fat received, 711,7211 b; butter made, 864,9981 b; overrun. 21.536 per cent.; average cost of manufacture, 1.07 d a lb. At the annual meeting on August 4 a motion will be considered to increase the nominal capital of the companv from £13,000 to £IB,OOO. N.Z. GUARANTEE CORF. At. a meting of the board of directors of the New Zealand Guarantee Corporation, Ltd., held last week, to fill the vacancy caused by the death of the Rt. Hon. Sir Joseph Ward, Mr. Sidney Kirkfcaldie was elected chairman, and Mr. Will Appleton was re-elected vice-chairman. RUBBER INDUSTRY British Official Wireless RUGBY, Saturday. The recommendations of the AngloDutch Liaison Committee have been adopted by the Council of the Rubber Growers' Association and by a majority of the representatives of Dutch, and other Continental producers,