BUTTER AND CHEESE

Wairarapa Times-Age, 18 October 1938, Page 3

BUTTER AND CHEESE

LONDON QUOTATIONS HIGHER PRICES FOR BUTTER According to the report supplied by the Primary Products Marketing Department to the Dairy Board, the London butter market was '‘firm at higher prices at the end of the week.” New Zealand finest salted butter was quoted on Friday at 114 s. The retail price of New Zealand butter was becoming general at Is 2d a lb, and that of Danish was Is 3d. Friday’s closing quotations, with those of the previous week in parentheses, were as follow; — New Zealand: Salted, 114 s (116 s a year ago, 1355); unsalted, 115 s to 116 s (118 s a year ago, 135 s to 1365). Australian: Salted, 108 s to 110 s (114 s unsalted, 110 s to 112 s (116 s Danish, 105 f.0.b.; 126 s to. 127 s spot (108 s 129 s to 130 s). Dutch: Unsalted, 107 s to 108 s ex 109 s (112 s Lithuanian: Salted and unsalted 108 s to 109 s (112 s . Deliveries of New Zealand butter last week were 787 tons, the quantity remaining in store being 5110 tons, as against 4821 tons a year ago. Deliveries of Australian butter were 940 tons, the quantity in sjore being 3760 tons, as against 814 tons a year ago. The Imperial Economic Committee estimates the stocks of all butters in store at 1,121,820 boxes, as against 478,204 boxes a year ago. The cheese market was quiet last week and prices were unchanged. Friday’s closing quotations, with those of the previous week in parentheses, were as follow:— New Zealand: White and coloured, 72s (725; a year ago, white, 70s 6d; coloured, 69s 6d). Australian: White and coloured, 68s to 70s (69s to 70s). Canadian: White and coloured, 72s to 73s (725); old season’s white and coloured, 80s (80s). English finest farmers’, 86s to 92s (88s to 90s). Deliveries of New Zealand cheese from store last week were 7392 crates. The quantity in store on Friday was 41,455 crates, as against 42,524 a year ago. Deliveries of Canadian cheese were 8555 boxes, the quantity in store being 107,521 boxes, as against 143,743 boxes a year ago. ,