The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1877-06-08
Late Dairy Markets
CHEESE.

Although the Utica market, Monday, was
\ shade lower, there was an improved feel
ing in favor of sellers. The large exports
from New York last week cleared up the
market pretty thoroughly ard increased
the prospective demand. Again, though
abe offerings were larger than last week,
there has been falling off in production
during the past ten days, making a COM
parative decrease of offerings probable
within week or two, and giving check
to the recent downward tendency of prices.
The regular offerings were fully 5000 box
es Monday, while there were : 'ngh occa-
sional sellers feeling the M Increase
this amount at leas ne 8 600
boxes regularly offerec q Al. were sold,
the majority going on commission. For
those sold directly lie, lie, III 11sc.,
112c., 12c., 123c., 1870, and 1916, we're
received, many Of those going on commits
sion being guaranteed 113c. One feature
of the market thus far has been the close
ness with which the stock on hand has been
closed out, the earliest make in the factor
speed with which cheese have been hurried
from the factories, together with the uncer-
tain condition incident upon the change
from hay to grass. has caused some COM
plant in New York as to the quality, and
has had more or less to do with the decline
in price. The hay cheese will soon be
closed out entirely, however, and the quail
ity will then become more uniform. Mon
days price we quote 12@l2sc., extreme,
114c. average, 12c., majority factories,
1870, leaaing factories
The delivery of cheese in the Little Falls
market Monday was large. The only fea-
ture of note in the market was further de-
cline of half a cent from last weeks prices.
One of the largest buyers predicts a still
further decline next week, and believes
cheese will touch ten cents before there can
be any hope of a reaction. The season is
much further advanced than at the same
date last year, and production is larger.
All the factories are sold up pretty close,
on an average to within twenty days from
the date of production. Some have sold to
within twelve and fifteen days. Factory
men are anxious to take advantage of prices
before they decline still further. The bulk
of cheese Monday went at 12c. One fac
tory brought 1870, and one 1910. Several
| are known to have sold at 12c., with a
promise of more if three or four factories
received higher figure. This shows the
great disadvantage OF selling conditionally.
1t is more than probable that two or three
other factories, whose goods stand as high
as any in the market, sold at 124c. But
statesmen are weak enough to give pledge
of secrecy on receiving figure fraction
above the ruling price, and it is not to be
expected that buyers would prejudice their
own interests by giving away" any inform
alton of such purchases. Therefore sales
men suffer. 1t is not to be believed that of
the 70 lots sold at 12c. Monday, all we're
alike in quality. This shows either that
some factorymen have received more than
their goods were worth on the market, or
that others have not received as much
and this is more probable of the two. Fol-
lowing is summary of the days transac-
tions in factory cheese