CHRISTMAS MARKET

Evening Post, Volume CVIII, Issue 151, 23 December 1929, Page 14

CHRISTMAS MARKET

BUTTER AND CHEESE

The, New Zealand Dairy Produce Boaia has received the following market report from its London office, dated 20th December, 1929, with prices for the week before shown in parentheses:—

Butter—New Zealand: Salted, loSs--162s (160s-1665); unsalted, lS2s-184s (180s--186s); 15Ss-162s equals approximately Is 3%d f.0.b.; first whey, 152s (1525); second whey, 148s (150s). Deliveries New Zealand this week, 2074 tons; in store, 3724 tons. Australian: Salted, 15i-1565-158s

(158s-lG0s); unsalted, 15Ss-l(i4s (IGGs-170s) Argentine: Unsalted, 1525-156s (15Ss-1625), Danish: 165s f.0.b.; 170s-172s spot (108s. 1765-Sos). Siberian: 15(is-158s (IGOs-1625) Polish: 1445-152s (150s-15Gs). Market low. Retail prices unchanged.

Prices of New Zealand butter at 20th December last year were 182s to 186s for

salted and 19Gs_ to 198s for unsalted. The drop this year is 24s per cwt. It will be noted that although the wholesale price is falling, the prices are maintained.

Cheese.—New Zealand: "White, Sos-90s (BSs-90s); coloured, S7s-SSs (S7s-S8s); 87s-90s equals approximately SVid f.0.1j. Deliveries New Zealand this week, 19,331 crates; in store 29,000 crates. Canadian: White, 975-100s (9Gs-9Ss); coloured, Ob's-OSs up to 100s. Deliveries Canadian, 15,970 boxes. In store, 187,291 boxes, compared last year, 4894 boxes; in store, - 107,V21 boxes. English, finest farmers, 110s-116? (110s-116s). The prices of New Zealand white aud coloured cheese this time last year -were 97s to 98s and 99s to 110s respectively, a decline on this year's prices of 9s and 12s respectively. There were 19,500 crates in store this time last year, against 29,500 this year.

The New Zealand Producers' Co-opera-tive Marketing Association's weekly cabled market report from London, dated 20th December, is as follows: Butter: Market slow. New Zealand, 15Ss to 1625; unsalted, 182s to 184s; Australian, 154s to 1565; Argentine, 152s to 1565; Danish, 170s to 1725; Siberian, 156s to 15Ss. Cheese: Market steadier. New Zealand white, 89s to 90s'; coloured 87s to 88s. Canadian white, 97s to 100s; coloured, 36s to 98s.

The Bank of New Zealand Produce Department has received the following advice from its London office, as at close of business last week:—Butter: Quiet, 160s per cwt. Cheese: Steady; white 90s, coloured 88s.