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THE DAIRY.

THE EXPORTATION OF BUTTER IN N.S.W.

The export trade in butter during the past year has given far more satisfactory results than has been obtained previously (says the S. M. Herald). The profit and loss statement of the South Coast and West Camden Company of the shipments of surplus butter on account of consignors present some interesting particulars. It appears that the shipments to London compiises 4598 packages of first class and 514 packageg of second-class butter, of a net weight of 278,7741 b. The invoice cost of this, including al Sydney charges, was L 11,005, or equal to 9.47 d per lb. The butler sold at prices ranging from 12Gs 5d to 80s per cwt for first-clas, and from 100 s 9d to 82s and 2d per cwt for second-class. The butter shipped in October and November brought the highest prices, and the figures gladuall dropped until the January shipment only reali ed 108 s per cwt for first-cfass butter, and 100 s9l for second class. Tais shipment lefc a profit of LIBB 13s lOd. Bat the next shipment, in February, only returned 89a per cwt, and most singularly the second class returned 82 ■ 2d ; but the left a loss of L 209 13s 9d. A shipment later in February on English account was only sent as far as Melbourne and Adelaide, and there returned a profit of E 265 6s 3, the aggregate net profit for the year being L 1862. During the currency of these shipments the local market was sustained at from 9d to la per pound, by which the company claimed that the consignors hal gained L 25,000. The actuual net proceeds amounted to 10.8Ld per lb, leaving a net profit of 1.3 M per lb. The Sydney charges amounted to 3 701 d per lb, including pocking salt, preservitas cloth stencilling, &», 0.187 d ; packaceg and vegetable pa[e\ 0.75; freezing (gross weight), 0 25; insurance, wharfage, Cus'oms, exchanges and stamp duties, 0.264 d ; freight (gross weight), 1.25 d. Deducting the Sydney charges from the invoice cost of 9.47 d, we get as the price paid to the producer 6.77 d, added to the net profit on shipment of 1.31 d, or an aggregate of B.lid per lb. According to the company’s report, however, the chief advantage to the producers was iu the higher prices paid for the butter sold in the local market, averaging 9d to Is per lb.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZMAIL18920721.2.15

Bibliographic details

New Zealand Mail, 21 July 1892, Page 7

Word Count
406

THE DAIRY. New Zealand Mail, 21 July 1892, Page 7

THE DAIRY. New Zealand Mail, 21 July 1892, Page 7