HIGHER ADVANCES.

Auckland Star, Volume LXVII, Issue 91, 17 April 1936, Page 4

HIGHER ADVANCES.

BUTTERFAT RATES. PAYMENTS IN WAIKATO. (From Our Own Correspondent.) HAMILTON, this day. Advance payments made by dairy companies in the Waikato for butterfat supplied during March in many cases are from 2%d to 3d higher than the same month last season. A payment of lOd per lb butterfat for butter manufactured will be made by the Morrinsville Co-operative Dairy Company, Ltd., this figure being Id in advance of that for the corresponding month last year. For the February supply the company made an advance payment of 9%d per lb butterfat. The Te Awamutu Co-operative Dairy Company, Ltd., is advancing 9%d per lb for finest grade cream supplied during March, shareholders being credited with an additional 'Ad per lb. The company's output for March was 26 per cent greater than for the corresponding month last J An advance payment of lOd per lb butterfat supplied for the manufacture of butter will be made by the Te ArohaThames Valley Co-operative Dairy Company, Ltd. The company also paid lOd for February supplies. For butterfat supplied for cheesemaking the Tokoroa Co-operative Dairy Company, Ltd., will make a payment of lid per lb. For February supplies the advance was also lid, while for March last season a pay-out of 8d was made. Advance payment at the rate of lOd per lb for finest grade butterfat supplied for the manufacture of butter will be i made by the Hinuera Co-operative Dairy | Company, Ltd., this figure representing an advance of %d on that paid out for the February supply■ For t£e corresponding month last season the pay-°u tw as 7% d. The Norfolk Co-operative Dairy Com pany, Ltd., is making an advance payment of 10% d per lb for butterfat supplied to the factory for chcese-making thw figure being the same as ? a For the corresponding period last year payment of 9d was made. ; For butterfat supplied for the ma p facture of butter the Sunny Park operative Dairy Company, Ltd., will maW a payment of o%d, while for butterfat for cheese-making the company will pay out lid per lb. For the corresponding month last season payment of 8d and Ja was made for butter and cheese respectively.