ADVANCES TO FARMERS.
SEPTEMBER SHIPMENTS. TOTAL AMOUNT OF £1,378,611. LARGER SUM ON CHEESE WANTED [BY TELEGRAPH.—OWN CORRESPONDENT.] WELLINGTON, Wednesday. It was reported at a meeting of the Dairy Produce Board to-day that the dairy produce actually shipped between September 1 and October 3 totalled 291,386 boxes of butter and 62,942 crates of cheese, in respect of which advances totalling £1,378,611 had bc-en made. It was explained that in point of actual fact the money to be distributed to the dairy community for this period would be greater than the figures stated, because they do not cover the produce in cool store in New Zealand, against which advances may have been made on store warrant. In spite of the lower initial advance made this season the earnings of farmers in many districts are greater than last season because of the greater production. Advice was received from the London agency that merchants would not increase the advance on cheese from the of 6d per lb. for finest. As the board felt that the market price warranted a larger advance it was decided to strongly renew representations.
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Bibliographic details
New Zealand Herald, Volume LXIII, Issue 19488, 18 November 1926, Page 14
Word Count
184ADVANCES TO FARMERS. New Zealand Herald, Volume LXIII, Issue 19488, 18 November 1926, Page 14
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