DOMINION BUTTER

Waikato Times, Volume 122, Issue 20507, 25 May 1938, Page 8

DOMINION BUTTER

DECLINE IN PRICEB LATEST LONDON QUOTATIONS DAIRY BOARD’S REPORT WELLINGTON, Wednesday Advices from London state that store stocks of New Zealand butter have shown a slight rise over the past week. The quantity held on Saturday amounted to 5426 tons, an increase of 131 tons on the total held at the close of the previous week. This figure compares with a total of 6392 tons held on the same date a year ago. The market was slow throughout the week and a declining tendency was evident. Prices for New Zealand salted on Saturday were around 129 s to 130 s per cwt, as against the previous week's rates of 133 s to 134 s per cwt. Retail prices for New Zealand and Danish butters in London are unchanged at Is 4d per lb. By arrangement with the Primary Products Marketing Department, the New Zealand Dairy Board supplies the following information for the week ended May 21, figures for the previous week being given in parentheses: — Butter.—New Zealand: Salted, 129 s to 130 s (133 sto 134 s : unsalted, 131 s to 132 s 13 4s to 1355;. Deliveries: New Zealand, 1463 tons last year, 1778 tons) ; in store, 542 C tons last year 6392 tons). Australian: Salted, 120 s to 127 s (131 s); unsalted, 128 s (1325). Deliveries: Australian, 3066 tons last year, 1071 tons ; in store, 5182 tons (last year, 5195 tons . Danish: 108 s f.0.b., 130 s spot Ills, 1325). Dutch: Unsalted, 1235, exceptional. 127 s 126 sto 128 s . Polish: Salted and unsalted, 1225. South African: 121 sto 12 is 126 s to 129 s . Cheese.—New Zealand: White, 71s to 71s Od 70s): coloured, 71s to 71s Gd (70s to 70s 6d, . Deliveries: New Zealand. 18.816 crates last year, 17.187 crates : in store. 71,355 crates (last year, 103,706 crates . The market is quiet. New Zealand retail price, unchanged, 9d. Australian: White, 67s Od to 70s 66s to 68s Od : coloured, G7s io 69s 6d G7s Gd to 68s 6d . Canadian: White. 77s to 78s 77s to 78s : coloured, 77s to 79s

77s to 79s . Deliveries: Canadian 3666 boxes Inst year. 2901 boxes : in store 71.163 boxes 'last year, 58.280 boxes . English factory cheese, 68s to 70s. The market is steady.