LONDON BUTTER MARKET.

Taranaki Daily News, Volume XXIV, Issue 34, 10 February 1902, Page 2

LONDON BUTTER MARKET.

Thk N.Z. Times Londou correspondent, under date 3rd January, writes:— During the earlier part of the three weeks which I have to review, namely, from December 12th, the Austia'asiau butter market had not recovered from ire disorganisation produced by pressed sale*, and indeed tb>re was a further reoedence of 2'. Then a much better tone supervened, and the only obstacles to an appreciable rise in values was the pressing ot sales by some of the agents. A* the end of the week chojeea*: was making 104s to 10(js, but the value of ordinary good parcels was only about ' 9§s to 102.9. During the Christmas week the market for Australian and New 2i«aland butter was nominal flftly. The (Juzoo did not arrive \n time for the butter to reaoji the market before Christmas, and as the Gothic's and India's cargoes had gone in'o consumption, there was nothing much on the spat to sell. Just bafore the holidays there had been a very gopd demand for" New Zetland butter, in the North of England^and sales were freely made at IQSfj on the I4verpoo) market. !Jkia .week, notwithstanding wat and ' stormy weather, "a tiroier tone has been ' evinced, and prices, while not quotably higher, have been steady. The supply ' of unsalted continues to be in excess of the limited outlets for this description with the result tbat it realises leas ' money than silted There has been ' an improved demand for butter to ' retail at Is per lb. and supplies of Russian, Irish and other butters in cold stores hive in consequence been ' materially reduced, and are now ir> comparatively small compass. To-day ' oboicsst is'making up to 106s, mr. ' ordinary goods are selling at 98a to il 102s. ' !l