ENGLISH MARKETS

Manawatu Standard, Volume XLVII, Issue 8, 7 December 1926, Page 5

ENGLISH MARKETS

BUTTER AND CHEESE FIRM

High COMMISSIONER’S REPORT.

The Department of Agriculture has rectuved the following cablegram Uated December 4, from the High Y<>mmissioner for New Zealand, LonBUTTER. aro^ ar^ rm - Official quotations Now Zealand.—Finest salted: December 4,100 sto 165 s per cwt (Is 5d i P er R>)> November 27, 146 s n \ P er cw l i V s 3id to Is 4Jd per *“)• Other qualities: December 4,150 s , to 156 s per cwt (Is 4d to Is 4fd per . Zealand Control Board !?® cla l minimum prices are: Finest, 166 s per cwt (Is s£d per lb); first grade, 160 s per cwt (Is s£d per lb). Australian.—Salted: December 4, 100 s to 162 s per cwt (Is 5d to Is Sjd per lb); exceptional, 164 s per cwt (Is old per lb); November 27, 144 s to 150 s Per cwt (Is 3Jd to Is 4d per lb). Unsalted : December 4,162 sto 164 s per cwt (Is 5Jd» to Is 51d per lb); exceptional, 166 s per cwt (Is 5Jd per lb); November 27, 155 s to 160 s per cwt (Is 4ldtols 5d per lb). Other qualities:December 4,130 sto 156 s per cwt (Is IJd to Is 41d per lb). —December 4,156 s to 158 s per owt (Is 4Jd to Is 4jd perlb). ! Other qualities, 146 s per cwt (Is 31 d per lb). Siberian.—December 4,146 s to 150 s per cwt (Is 3ld to Is 4d per lb. November 27, 132 s to 136 s per cwt (Is 2d to Is 2jd per lb). Other qualities, 140 s to 142 s per cwt (Is 3d per lb). Argentine.—Unsalted : December 4, 144 s to 150 s per cwt (Is 3)d to Is 4d per lb); November 27 138 sto 144 s per cwt (Is 2£d to Is 3)d per lb).’ Other qualities, 130 s to 142 s per cwt (Is ljd to Is 3d per lb). Danish.—December 4,182 s per cwt (Is 71d per lb); November 27, 170 s to 172 s per cwt (Is 6jd to Is 61d per lb). CHEESE. The market is firm. Official quotations are:— English: Finest farmers’, December 4 106 s to 110 s per cwt (llid to 112 d per lb), November 27 102 sto 108 s per cwt (10|d to llid per lb). Canadian: Finest coloured and white, December 4 92s to 96s per cwt (95d to 10id per lb), November 27 86s to 88s per cwt (9id per lb) : December 4, ' exceptional 98s per cwt (10id per lb) in accordance with make. I,

New Zealand: Coloured and white, December 4 93s to 94s per cwt (9Jd to 10d per lb), November 27 84s to 85s per cwt (9d to 9id per lb). Control Board minimum prices, finest 94s per owt (l(kl per lb), first grado 93s per cwt (9£d per lb). Australian: December 4 90s to 92s per cwt (9sd to per lb). Estimated stocks of cheese at Deceml>er 1 in London, Liverpool and Bristol : Canadian and American 213,400 boxes, New Zealand and Australian 13,650 crates, against 209,700 and 950 at the same time last year. TALLOW. There was no tallow auction this week, and the market is very quiet. Prices are practically unchanged. HEMP. The Manila market was quiet and easier during this week, but firmer at the close. “J” grade, October-Decem-ber shipments, sold at £47 10s, and November-January shipments up to £4B. The sisal market is dull but steady at last quotation. The New! Zealand market is steady for lower qualities. Fair, November-January shipments, sold at £36, with further sellers at £36 10s. Common is quoted by buyers at £35. Highpoints are not

in demand and are quoted by sellers at £3B 10s. WOOL. The wool sales continue with an active demand and an upward tendency for crossbreds. BEANS. The market for beans is quiet at about last quotations. English aro pressed for sale at £lO 10s down to £lO 2s 6d per ton. COCKSFOOT. The Danish market is firm for cocksfoot and December-January shipments are quoted at 735. A smaller crop and yield is reported, and it is expected that prices will advance. OATS. English oats are in plentiful supply and are offered more freely. Choice white are quoted at 28s 6d to 295, ordinary down to 245. Plate Decem-ber-January shipments sold at 20s 6d, and January-February shipments are offered at 20s (nominal value). New Zealand A grade Gartons, DecemberJanuary shipments, are quoted at 28s.

A WAIKATO MOVEMENT. , ON CO-OPERATIVE LINES. HAMILTON, Dec. 4. A meeting under the auspices of the Waikato sub-provincial executive of the New Zealand Farmers’ Union was held in Hamilton yesterday to discuss the establishment of a co-operative scheme for pig marketing. Mr Dynes Fulton, chairman of directors of the New Zealand Co-operative Dairy Company, and representatives from the feouth Auckland district were present. Mr J. E. Makgill, of Auckland, said that his company, which represented interests _ identical with those of the co-operative dairy companies, was pre- , pared to assist in every way with a j sound scheme for the co-operative | marketing of pigs. He considered that • conditions in the United Kingdom were now favourable for making a definite move. The freezing company had every facility at Horotiu for killing, freezing and storing pigs, while the organisation which already existed for the collection of calves could be utilised. With these facilities, baconers could be exported regularly as required and little difficulty would be experienced in marketing them. Mr Dynes Fulton said he considered the time was entirely opportune for the establishment of the scheme.’ If producers would combine and take advantage of the facilities available ho had no doubt that the position could be greatly improved. He contended that a move for the establishment of a permanently and properly-organised scheme must come primarily from the suppliers to the co-operative dairy companies, who would have to guarantee a supply of pigs in the same way that they supplied milk or cream to the dairy factories. Mr Judd moved that Mr Fulton seconded a motion that a committee should be set up consisting of representatives of the dairy companies in the So.uth Auckland district, with the object of formulating a definite scheme. The resolution was carried unanimously.

In reply to a question, Mr Makgill intimated that his freezing company would be prepared to undertake the erection of suitable plant to deal -with the curing of the unexportable pigs, at a charge per head to bo fixed later, if the committee decided to make use of the company’s facilities at Horotiu. | The following were elected members of the committee: —Messrs H. H. Sterling, New Zealand Dairy Company ; F. W. Baker, Horotiu; J. E. Leeson, Morrins/ille; J. E. West, Hinuera; and M. Wells, Cambridge.