THE BUTTER MARKET.

Taranaki Daily News, Volume LIV, Issue 170, 17 January 1912, Page 4

THE BUTTER MARKET.

RECORD PRICES.

Bj Telegraph —-Press Association. Dunedin, Last Night,

The Taieri and Peninsula Milk Supply Company has received advice from London that the shipment of butter by the Turakina realised l'37s per cwt, a record price for butter from here. The Danish butter sold at the same time realised Is more, whereas previously it had fetched 5s or 6s more than the local butter. NEW ZEAiLAND CHEESE. CAPTURING HOME MARKETS. INCREASE OF 16,800 TONS IN FIVE YEARS. Under the heading of "The Coming Cheese Country of the Empire," the Derbyshire Advertiser makes the following reference to the future of New Zealand:— The astounding development that has taken place in the New Zealand cheese industry during the last few years is but as the early dawn of the wonderful day that is opening before New Zealand dairy farmers. During the latter half of- the past decade the Dominion of Canada has been steadily reducing her cheese- shipments to this country, while the Dominion of New Zealand has been equally and steadily increasing hers. Since 100(3 our supplies from across the Atlantic have fallen off by 16,0,00 tons, those from the Southern Pacific have grown by 16,800 tons. This friendly rivalry between two daughter nations to supply the wants of the mother country is most gratifying to every inhabitant of the British Isles. The quality of New Zealand cheese has continuously improved, and those who have not kept in touch with it will be surprised at the advance made in the last five years. A considerable quantity of it already equals, for make and flavor, the .best of the Canadian production. While Canada is bound in the icy grip of winter, New Zealand pastures are ful of browsing cows in the flush of summer, and so the two Dominions can together All up our yearly supply without any interregnum.