DAIRY INDUSTRY

Manawatu Standard, Volume XLV, Issue 140, 18 May 1925, Page 5

DAIRY INDUSTRY

ADVANCES FOR APRIL

PRESENT MARKET PROSPECTS. _ A review of the advances announced by local dairy factories for last month’s supplies reveals that thoy are, generally speaking, almost on an exant parity with the rates ruling for tho corresponding month of last year.

The following advances are listed, those of the Kairanga Dairy Co., having been already published: Awahuri Dairy Co. Ltd. (buttor ls 4d; Newbury Dairy Co., Ltd. (butter), Is 6d and lid payiqent additional for supplies of last November; Wliakarongo Co-op. Dairy Coy. (butter), Is 3d and Is 4<l; Palmerston North Dairy Coy., Ltd., cheese Is sd, butter Is 4d; N.Z. Farmers’ Dairy Union (butter) Is 3d; Rongotea Coop. Dairy Co. (butter), Is 3d. LARGE STOCKS AT HOME. In conversation with a “Standard” reporter this morning, tho secretary of a. large local dairy company said that prices in England for butter at tho present time were just about on a par with those ruling for the corresponding period of last year. In was his opinion, however, that from now on tho market would not bo so firm on account o{ tho very largo stocks o{ dairy produce in store at Homo. Thero was a greater surplus of butter awaiting release on to tho market than there was at this time in 1924, he stated. The past season locally had been, just an average one so far as dairy farmers were concerned and the present wintor seemed to be coming down a little early though feed was beginning to show up in promising fashion. CHEESE GIVING GOOD RETURN. The chairman of directors of the Bainesse Co-op. Dairy Company, Mr H. Bond, informed the “Standard” that the decision of that concern to continue the manulacture of cheese had proved a wise one. The payments for April would be Is 6d, and in addition there would bo a payment of Hd for July, November, January and February’s supply and Id for December s, making the averago advance for the ten months approximately Is sld. Tho supply of milk, lie states, is keeping up well and the factory is running daily. Cheese graded at tho port of Wanganui had averaged 92.37 —second on tho list —to the end of the grading season. The company had received very favourable reports from its London agents and sales were so good that the directors would bo enabled to pay a further substantial bonus at the end of the year. The assistant district manager of tho Railway Department and its commercial agent had met the directors of the company on Wednesday and general satisfaction was expressed at the manner in which tile department was catering for transport business in produce from factory to port.