1909.] The Provision Trade in October. 



693 



turned from cheese to butter making, also in some sections the 

 United States has contracted for daily supplies of cream, at prices 

 which prove more remunerative than the making of either cheese or 

 butter. 



Up to October 16th the receipts of cheese into Montreal show an 

 increase of only about 17,000 cheese over 1908, and shipments about 

 21,000 in excess. At the end of the month the estimated stocks at the 

 three principal distributing centres (London, Liverpool, and Bristol) 

 were 377,530, against 372,769 last year, and 377,133 two years ago. 



In New York, best cheese are making about 785. c.i.f. 



Cables continue to advise a large make of cheese in New Zealand. 

 Some reliable authorities suggest that there will be an increase over 

 last season of at least 2,000 tons, but it is purely guess-work, as so 

 much depends on the weather conditions. There are several additional 

 new factories running this season. Output contracts for the season 

 have been effected at about 575. c.i.f. 



The make of English cheese has continued good, especially in the 

 West of England, and the prices of some dairies being near to those 

 for Canadian, many grocers are confining their trade to the former. 



Butter. — The demand throughout the month has been steady, but at 

 no time has any keenness been shown by buyers, although most descrip- 

 tions show advances on the month. The demand has been almost 

 entirely for the best fresh goods, and buyers await arrivals of the new 

 Colonial, which will now steadily increase in quantity. 



A largely increased make is anticipated both in Australia and New 

 Zealand. Some further contracting has been done, at about 1085. c.i.f., 

 but it is anticipated that the larger proportion will be shipped on con- 

 signment and sold at market price on arrival. 



In Canada the demand has not been brisk, but prices have been 

 above an export basis. With butter so high in price in the United 

 States (1505., 1555.), there is a prospect of some of the stored Canadian 

 being shipped across the border, although the duty is a heavy one. The 

 receipts into Montreal since May 1st show a falling off from last year 

 of 32,824 packages to the middle of October, and the reduced shipments 

 for the same period 49,829 packages. 



Trade in Irish butter has been good, and prices show advances on 

 the month. 



Eggs. — The demand has been good throughout the month, and, as 

 is usual at this time of year, prices gradually hardened. With a 

 scarcity of fresh English eggs, there has been a good demand for 

 pickled. 



Recent advices from Canada report : — •" The receipts of eggs during 

 the last few weeks have been exceeding light, as they are very scarce 

 in the country. There is not sufficient coming in to supply the local 

 demand, and the trade have been compelled to break into their storage 

 stock. This has caused an advance in prices of fully one cent, per 

 dozen, as dealers have to pay this advance in the country. Straight 

 gathered stock is selling at 23 cents f.o.b. country points. Selects are 

 now being offered at 26^ cents to 27 cents in round lots, and No. 1 stock 

 at 23^ cents to 24 cents." No eggs have been exported so far this 

 season to England through the port of Montreal. 



