The Daily News. WEDNESDAY, APRIL 22, 1903. THE BUTTER MARKET.

Taranaki Daily News, Volume XXXXV, Issue 97, 22 April 1903, Page 2

The Daily News. WEDNESDAY, APRIL 22, 1903. THE BUTTER MARKET.

Br the miil which arrived from Lon-1 don ) Mtiirday an ioter.Hticg report from the Cc!oni.-)l Consignment and Dis'rir.utitg Company is to hand. This report is dated as late as the 20tb March, ar.d it states that thore had b;en a J.-harp advance in the price of bu''er during tho peviotif fortnight, but during tbe last few days thtie had been a ptuse and a s'ight reatfion of prices was an tic i paied. The Australian arrivals during the month had been 10,700 box s, bu> it had ill been cleared off the market and no more was expected for thseasou. The market was well cleared of New Zealand butter when the Papanui arrived with 44,500 boxes and although tha quantity was large tbe demand exceedingly brisk and prices advanced to 100s, 108s and, for small lo's even, 110s was mada. An attempt to put the price at 112s did not succeed. Ooly small lo's were left unsold at the time the mail left and the report »ays it looked as if the shipment by the Maori would go imm diat>*ly into consumption at probably 105s to 107s. In fact sties bad already been made at those figures to arriver. Dtnish butter had further advanced since the previous report to 118 a acrt 120 i, O -uattian was stat«d to be benefitting by the rise in Danish and New Zealand bu'ter and cold store lots were' srliiog at prices ranging fr m 903 to 98s The btrst Russian, of which tbere weie only suvill quantities available, was 96s to 100.4, seconds 88s to 925. As compared with March, 1902, there was to difference in the price of choicest New Zealand, but finest had dropped f»om 106* and 108s to 90s and 925. Canadian bad also sustained a similar drop. Cheese on the other hand had risen from 53s and 54i to 68s an 3 695. Duricg February, 1903, the q lantity of butter arriving in London from New Ze,lar;d was 43,797cwt as against 4i,0480wt and from Australia 14,656 cwt as Bgi.inst 20,441 cwt in the Siiae. mouth the previous year,