DAIRY PRODUCE.

Manawatu Standard, Volume LVI, Issue 140, 15 May 1936, Page 6

DAIRY PRODUCE.

BUTTER ADVANCES TO 925. MARKET FIRM ON SHORT SUPPLIES. Joseph Natlim and Co., Ltd., have received from London the following cabled advice, dated May 13:—Now Zealand butter, 925; market (inn. The New Zealand Loan and Mercantile Agency Co., Ltd., ha vo received the following advice from their London house, dated May 13: —Dairy produce (last week’s quotations in parentheses) : Butter, Now Zealand choicest salted, 91s to 92s per cwt (87s 6d to 88s); small supplies available; market firm. Cheese: White, 57s 6d per cwt (55s 6d); coloured, 55s to 55s 6d per cwt (54s 6d); murkot steady. COASTAL SHIPPING OF DAIRY PRODUCE. Per Pross Association. NEW PLYMOUTH, May 14. A revolution in the coastal shipping of dairy produce might take place as a result of tho appointment of a Minister of Marketing, said Mr C. E. Bellringer, when he received the position of the port of New Plymouth upon his re-appointment for the fifteenth year to the chairmanship of the harbour board. Presumably all shipping contracts would bo made through the Minister, and the question would arise whether the payment of freight for the coastal shipping of produce would continue. About 50,(XX) tons of produce was conveyed annually by coastal shipping, said Mr Bellringer. Tho amount from Patea was 28,994 tons in 1934. Tho rate paid by overseas shipping companies was about £1 4s a ton or a totnl of about £60,000 annually. In making new contracts the shipping companies would take that sum into account. The dairy industry was indirectly paying for coastal transport. With 253,183 tons of butter and cheese shipped from New Zealand in 1934-35, the cost amounted to about 4s a ton on the whole output.