THE DAIRY INDUSTRY.

Auckland Star, Volume LIX, Issue 163, 12 July 1928, Page 4

THE DAIRY INDUSTRY.

BETTER PRICES. «r BUTTER UP TO 183/. The favourable and improving position occupied by New Zealand dairy produce ou the British markets during the past couple of months still continues, and a cable received from Amalgamated Dairies' London manager, dated July 11, quotes: — Anchor butter up to 183/, a rise of 5/ per cwt during the last week and the highest figure rec-ort&d for a considerable period. It wa« at this time last year that a slump in Danish butter was reported and New Zealand was selling down to 162/, so that the difference of 21/ a cwt means a lot to the New Zealand dairy farmer. New Zealand cheese was selling on July 11, 1927, at 88/, with a quiet market, so that there is practically a 25 per cent rise in this commodity. Forward buyers of cheese will have cleared a handsome profit this year, which should encourage them to bid freely for the coming seasons output. . EXPORT CONDITION. (By Telegraph—Own Correspondent.) WELLINGTON, Wednesday. The question of export license conditions which has been the subject of serious dispute during the past nine months was amongst the matters dealt with at to-day's meeting of the New Zealand Dairy Produce Board. At it« March meeting the board decided that all companies must conform to clauses 6 and 8 of the license regulations requiring the supplying of certain returns, including particulars of f.o.b. sales. Several companies refused to supply the information and the question of revoking their export licenses was raised by certain members of the board, which at the May meeting decided, by seven votes to five, that the whole matter should remain in abeyance and come up for review next season. At to-day's meeting the board decided to ask the Minister of Agriculture to eliminate clauses 6 and 8 oi" the export license regulations. was agreed to ask the dairy companies to give voluntarily the returns set out in the clauses, members generally being of the opinion that the companies would do this. In regard to the regulation of shipments it was agreed that all butter and rheesc graded up to the end of November should be shipped as promptly as possible. The marine insurance contract was also dealt with. A reduction of 3d per cent in the premium for cheese has been arranged, representing a saving of £800. BAY OF ISLANDS. STARTS NEW SEASON WELL. On July 20 the Bay of Islands Co-opera-tive Dairy Company. Limited, is paying out the sum of £2016 for butterfat received during the mouth of June, the rate of advance being 17d per lb for firstgrade and an extra halfpenny for finest. In addition to the above a progress payment of lVid per lb is being paid over the whole of last season, absorbing the sum of £4600. A further payment will be made at a later date, when final account sales come to hand. The butterfat received for June, which is the first month of the new season, shows an increase of 22 per cent over the same month last year. THE "CO-OP.'S" PAYOUT, The New Zealand Co-operative Dairy Company, Ltd., has decided to make the following advances on July 20 for superfine butterfat supplied during June:—For butter, 1/5 per lb butterfat; for cheese, 1/7 per lb butterfat. LONDON TALLOW SALES. At the tallow sales 837 casks were offered, and 300 sold- Prices were uu--1 changed.