DAIRY INDUSTRY.

Auckland Star, Volume LXVII, Issue 236, 5 October 1936, Page 4

DAIRY INDUSTRY.

TESTING THE HERDS. BULLER DISTRICT PROGRESS. (By Telegraph.—l'ress Association.) WESTPORT, Sunday. The Buller Herd-testing Association held celebrations last night to mark the occasion of reaching a 3001b average of butterfat for the season. This covers 40 per cent of the cows in the district. Complimentary references were made to the rapid development of dairying in the Buller district. The Karamea Company also celebrated the opening of its new butter factory on Friday.

»| AMERICA ON MARKET. 1 BUYING CONTINENTAL BUTTER. According to "latest information from 1 London, Amdlica is again on the market for butter, and 17,000 casks of Continental butter were dispatched to New York last ; week. By arrangement with the .Primary Products Marketing-Department the following information is supplied by the New Zealand Dairy Board: — New Zealand Butler. 2/10/30. Last week. I-ast year. Salted ... 103/-104/» ÜB/-100/ 227/-11S/ •Equals 12.20 d per lb, f.o.b. Unsalted . 100/-104/ 9S/-100/ 11G/-11S/ Tons. Tons, j Tons. Deliveries 2070 1983 I 19U4 In store 5274 5093 4502 Australia: Salted and unsalted, 104/ to 105/. Deliveries, Australian, 785 tons; in store, Australian, 795 tons. Argentine, unsalted, 92/ to 96/, ex. 98/; Danish. 105/ f.0.b., 125/ spot"; Dutch, unsalted, 96/ to 98/, ex. 99/; Siberian, salted, 86/ to OS/; Ukrainian, salted, 96/ to 98/. Market quiet after active demand earlier in week. Retail prices unchanged, New Zealand, 1/2; Danish, 1/3. Reported 17,000 casks of Continental butter bought for New York this week, basis Dutch butter, 80/, f.o.b. Imperial Economic Committee's estimated stocks of all butters, 1,011,455 boxes (last year 831,116 boxes). New Zealand Cheese. 2/10/36. Last week. I<ast year. White 70/71/*, 07/-07/0 -59/-59/0 •Equals 7.!>2il per Ih. 1'.0.b. Coloured .. 67/G 64/0-03/ 59/-59/0 Crates. Crates. Crates. Deliveries .... 22.122 17,230 15,735 In store 47,108 49,087 82,710 Market quiet at the advance. New Zealand retail price unchanged, 8d (includes 2272 crates Rangitata). Canadian: White and coloured, 69/ to 70/ (quiet); r.i.f.. 70/; old season's white, 82/. Deliveries, Canadian, 10.139 boxes; in store, Canadian, 78,236 boxes. English: Finest farmers', 75/ to 79/. English: Factory cheese, 64/ to 65/ (firm).

IMPORTS TO FRANCE. An official decree cancelling from October 10 compensatory exchange on Australian and New Zealand products'is announced in a Press Association cablegram from Paris. The cancellation, a further message states, is accompanied by decrees limiting the Chinese and Japanese exchange tax to 10 per cent, reducing the duties on goods not subject to quotas by 20 per cent in the ease of raw materials, 17 per cent in the case of semi-manufac-tured goods and 15 per cent in the case of manufactures. The duties on quota goods are reduced by 20 per cent. The decrees are aimed at checking excessive prices. Shortly after New Zealand depreciated her currency by raising the exchange rate on London in January 1933, France introduced a retaliatory measure by placing a compensatory duty on New Zealand butter and cheese imported into France. Action was also taken against Australia. Canada adopted a similar course, these being the only two countries to impose penalties on account of the increase in the rate of exchange.