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DAIRY PRODUCE SALES.

: ' "THE SOUTHERN SCHEME. . ..'■The f itU - -- details ■' of tho South Island «cheine for the holding of monthly sales '•of-dairy produce are set forth' in a circular'drawn iip'by Mr. .J. R'. Scott, secre;*ary of L Island ;Dairy ,'Associar tio'n.:.'; :This has been ' dispatched, to all /members','of the , association, with a re--quest that they mil give it their consideration before' the annual meeting on June •1:- '-.■ ■..■.■?.■'' ' -'

"1. Your committee, after duo consideration of this matter,: resolved upon a scheme as under, and if sufficient signatures it will-be put into ■operation on. our about October 20 of this year:—'.: ,-"2. . Each factory signing to advise ..the secretary approximately (says, within, 10 per. cent, more or less) the quantity of cheese or butter- available; for 'two fortnightly. shipments, commencing in November.

"3. Each factory so doing to (undertake'to: pay (for the first season anyway) 'the sum of 2s. 6d. per ton'.to -the :■ 'jciation: on each-ton of cheese offered for / St,', whether sold or not. (See clause 17.). ■ "4. Each factory :to . have the right of ■fixing its Reserve .price at any. time up to one hour before advertised time of ■ auction sale. '."5.. All sales will' be made on Govern-' I' .ment grade,, f.0.b., Bluff, Durfedin,. or ' Lyttelton—Butter, if second grade, Id. per' lb.-less; cheese,-Jd. per lb. less; 4 :; "6. Weight to. be correct. as certified by. Government .'-'/ •- ' '■ /■■/ ' But ter—-Half-pound per 561b. box to - le allowed'taTe. V '''8; Cheesie—Shrinkage allowance to- be El.per.cent., thisibeing,the London Pro-' duce Exchange rule.. "9. Insurance to be provided by buyer from .factory .-door. to -London, • thoughBale is f.o.b. - -, t "10. All.'.cheese whi(di, may be , unsold - to be consigned by the association to two,firms in London to be selected by. the, association as; its selling agents.- * , "11.: Commission • not :to exceed 2 per cent. These firms to provide bank credits and insurance, available" in . every, town: at Bank of New Zealand, iNational Bank of New Zealand, and-Bank of New South Wales. The association to draw on these -firms, for the advances made to' factories . .. -on • ■■ - • "12. Terms of all sales are cash against . . b.l.,_at bank, in- any . town: where bank' 4 account is. kept. ' .- ,' '"13: Auctioneer for the association, to '. bo-'appointed'-by. : the 4 directors. . "14. The '. secretary will make . out all . b.l. -if requested to do so,'" and-deposit, them' at sellers" bankers' in any town within ■ four days of: each'shipment.' - "15. The sales at first to take place .. monthly in' Dunedin, as . most central, end duly 'advertised and buyers notified by circular. "16. The . expenses of . carrying -out this 4 scheme, are 4 estimated approximately at— : .Auctioneer's license or salary, ,£SO; extra. clerical- labour and-'other expenses, J5200; ,' contingencies, say, ,£'so; total, JC3OO. .. "17.1f the 25., .Gd.. .per ton paid by factories- as. above proves over the ex-, penses,' any . balance ■to be returned pro ■ ratai to the factories, on the amounts they' have\SO paid. ' /'■ i ' ■ "18. From the foregoing it will be apparent that the! association Tecommends : ■•. a .trial of: this .system: for;.the ..whole.of : next season's - export, - beginning. about October 20 next. ~ 4 .v'l9; It 4 lies with the factories them#gjeS. as.-.t° the r j,SUccess of', this, -: indi pWvided'Mvfirst a,reasonable limit ■is upon offerings, ...the. undertaking '. .Is likely to be* most successful. '" ' - ■ . '20. The • committee .and secretary should be ablej.toiadvise-factories as: to; ft reasonable limit. .: ' ."21. Factories should let it be clearly" understood that they, will sell- or consign only through the: association, and that : consignments .will only, go to the finns 'r apppinted^^-by .the-association; - . '■■ ■ 22. - The 'success , of/the, /whole- scheme depends upoE' th 6 uiiiiy of -'th© factories using, this association as,--the machinery ■ to, this: end'and supporting the scheme .loyally.

v.-'f23. The agents appointed in london Till send; cables from time to time to the association as 'to the price? and prospects, and these Tvill be repeated'as con;fiden(ial. telegrams to the factories' subscribing to this scheme only."

NEWS AND NOTES.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19100321.2.90.1

Bibliographic details

Dominion, Volume 3, Issue 771, 21 March 1910, Page 10

Word Count
645

DAIRY PRODUCE SALES. Dominion, Volume 3, Issue 771, 21 March 1910, Page 10

DAIRY PRODUCE SALES. Dominion, Volume 3, Issue 771, 21 March 1910, Page 10