BUTTER AND CHEESE

Wairarapa Times-Age, 21 June 1938, Page 3

BUTTER AND CHEESE

LONDON MARKET STEADIER The London butter market was steadier at the end of last week, according to the report received by the Primary Products Marketing Department. Friday’s closing quotations, with those of the previous week in parentheses, were as follows: — New Zealand: Salted, 119 s to 120 s (120 s to 121 s; a year ago, 110 s to Ills); unsalted, 120 s to 122 s (123 s to 1245; a year ago, Ills to 112 s). Australian: Salted, 116 s to 118 s (117 s to 118 s); unsalted, 118 s to 120 s (121 s Danish, 102 s f.0.b.; 122 s to 123 s spot (102 s to 103 s; 123 s to 1245). Dutch: Unsalted, 110 s; ex 112 s (Ills to 112 s). Lithuanian: Salted and unsalted, 114 s (115 s New Zealand butter in store on Friday totalled 5260 tons, as against 6454 tons a year ago. Australian butter in store was 4852 tons, compared with 5654 tons a year ago. The cheese market was steadier at the end of the week. Closing quotations, with those of the previous week in parentheses, were as follows: — New Zealand: White, 67s to 67s 6d (68s 6d; a year ago, 74s fid); coloured, 65s to 66s (68s 6d; a year ago, 73s 6d to 745). Australian: White, 64s fid to 665. Canadian: White and coloured, 78s to 80s (78s to 80s); c.i.f., 675. English factory cheese, 66s (68s to 695).