DAIRY PRODUCE

Wairarapa Times-Age, 5 September 1939, Page 3

DAIRY PRODUCE

LONDON QUOTATIONS PRESENT PRICES TO BE HELD. LONDON REQUEST TO TRADE.

The Primary Products Marketing Department has received a cable message from London stating that after consultation with the Food Defence J Plan Department, the London Provi,sion Exchange has requested the trade to hold prices of butter and cheese at theii- present level until further notice. The price of New Zealand salted butter in London on Friday was quoted at 124 s to 125 s a cwt, compared with 121 s to 122 s on August 25, an advance of 3s a cwt. The latest quotation is 2s a cwt above that ruling a year ago. The sterling equivalent of the New Zealand guaranteed price is 124 s 3d. The following table compares last Friday’s quotations with those of August 25:— x Sept. 1. Aug. 25. New Zealand —

Salted and unsalted 112/-114/<-Irish— Cream, salted 125/- 121/Lithuanian — Salted and unsalted 112/-114/- 107/-110/-Polish — Salted and unsalted 111/- 105/The price of New Zealand cheese in London on Friday was'6ls a cwt, compared with 59s to 60s on August 25 and 73s a year ago. The following table gives a comparison of the latest quotations with those of the preceding week: — New Zealand— Sept. 1 Aug. 25 Australian—

Cheese gradings in New Zealand for the week ended August 26 were 810 crates of white and 355 crates of coloured, a total of 1165 crates.

Salted . 124/-125/- 121/-122/-Unsalted .... . 123/-125/-Australian — Salted . 116/-117/- 114/-115/-Unsalted .... 114/-117/- 113/-114/-Argentine— Unsalted .... . 108/-112/-Danish — F.o.b . 114/- 104/-105/-Spot 135/-136/- 126/-127/-Dutch — Salted 111/-113/- 110/-111/-Unsalted 111/-113/- 108/-111/-Ex 116/Estonian —

White and cold. 61/- 59/-60/-White and cold. 58/-59/- 56/-57/-Canadian — White and cold. 62/-63/- 62/-63/-Old season’s white 74/-75/- 74/-75/-Old season cold. 75/- 74/- 75/English— ' Finest farmers’ 82/-88/- 82/-88/-Factory cheese 56/-58/- 58/-