NEW ZEALAND BUTTER
IMPROVEMENT IN PRICES MARKET FIRM AND ACTIVE AUCKLAND, Saturday Advices from 'London state that prices for New Zealand butter continue to improve, and there lias been a further advance of 5s during the past week. Choicest salted is now quoted at 114 s per cwt., a rise of 9s In the past fortnight. The market is firm and active. Cheese values have risen in sympathy on a firmer market. New Zealand white and coloured are both 3s 6d higher at 53s to 54s per cwt. Recent quotations and those of a year ago compare as follows: June 2 May 2 6 June 3
The present price of 114 s is equal to approximately 13.58 d per lb., f.0.b., New Zealand ports, compared with the guaranteed price of 14.89 d per lb., f.o.b. The London equivalent of the guaranteed price is 124 s 3d per cwt. The equivalent price of cheese is about 5.85 d per lb., f.0.b., compared with the guaranteed price of 8.42 d.
1039 1939 1938 New Zealand. 114/- 109/- 122/Australi&n .. 112/- 107/- 119/6 Danish .. 119/6 118/- 124/Cheese N.Z.: White .. t>3/6 50/- 70/Coloured .. 53/0 50/- 70/Austrdli&n: White .. 50/6 48/- 67/Coloured 50/6 48/- 67/G
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Waikato Times, Volume 124, Issue 20821, 3 June 1939, Page 9
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198NEW ZEALAND BUTTER Waikato Times, Volume 124, Issue 20821, 3 June 1939, Page 9
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