DAIRYING OUTLOOK.

New Zealand Herald, Volume LIX, Issue 18051, 28 March 1922, Page 6

DAIRYING OUTLOOK.

LONDON BUTTER MARKET.

PRICES STILL ADVANCING.

1823 PER OWL SECURED,

[BX IBIiBQBAPH—OWN CO&BESPONDBNT.J HAMILTON, Monday. In the course of an interview to-day,, Mn W. Goodfellow, managing director o:( the New Zealand Co-operative Dairy Co., Ltd., stated that the latest London quotation for New Zealand butter was 180s per cwt., while 22,000 boxes of Anchor brand butter, now being unloaded, were selling at 182s. The indications were that the market was firm, and judging by recent cablegrams from his London office, prices were more likely to advance than to recede. First grade Danish butter was being quoted at 1945.

DRIED MILS: HANOTAOTtrRE. TEMPORARY CESSATION. [BX TBLBOBAPH—OWN COBBESPONDE!*!.] HAMILTON. Monday. The New Zealand Co-operative Dairy Co., Ltd., has decided to close its dried milk factories at Waitoa, Waharoa, and Te Awamutu, from April 7 until September 1. In a circular addressed to suppliers, Mr. W. Goodfellow, managing director of the company, said this decision has been arrived at after oonfernng with the local committees. The company S London manager had advised that sufficient powder had now boon monnfactured to meet trade requirements until the new season's make is available. Wages, coal, and freights were all excessive at present, but it was anticipated that there would be a substantia reduction in these items within the six months, and it was, therefore, considered inadvisable to mannfactnra under such adverse conditions »nd to accumulate high-priced stocks. Very complete arrangements had been made to market the powder in Europe under the direction of tne company's London manager, Mr. J. B. Wright. The marketing is now in safe hands, and sales would gradually develop in spite of the adverse trade conditions. • The first shipment arrived in London in January and was inspected by Mr. Goodfellow. He found the quality eioeUent and equal to the best on the market. Ho was agreeably surprised to find such large quantities of the powder being used in Great Britain and he had, in no way, altered his opinion as to ite great future. Mr. Goodfellow considered that the margarine trade alone would absorb the total output. Owing to the closing of the milk powder factories arran'gemente were being made for skimming in the districts ooncemed. In the Waitoa district skimming stations would be arranged for at the central factory. Ngarua, Lower Waitoa, and Eastport Road suppliers viould be expected to deliver their milk to these points and remove the skim milk, although any supplier wishing to home separate might do so. In the Waharoa district skimming would be carried out at the Waharoa factory and Gordon creamery. At Te Awamutu all suppliere would revert to homo separation.