EXPORT BUTTER STOCKS

Southland Times, Issue 23740, 11 February 1939, Page 6

EXPORT BUTTER STOCKS

ACCUMULATIONS AT AUCKLAND COMPANIES FACE HEAVY STORE CHARGES (Special to The Times) AUCKLAND, February 10. Accumulating stocks of butter awaiting export under the marketing scheme of regulated shipments are expected to cost the dairy companies in Auckland province some thousands of pounds in interest and storage charges. The. produce is not taken over by the Primary Products Marketing Department until it reaches the ship and although the Government has sole control over its despatch from the stores, added costs incurred by delays have to.be borne by the companies operating in the Waik&to district. It was reported today that stocks of produce held at the present time were considerably in excess of the quantities awaiting shipment at the. corresponding period last year. It was officially reported on January 1 that export ’ stocks in New Zealand then amounted to 23,600 tons as against 24,300 tons at the beginning of 1938,. and it is apparent that the present • position has developed only in recent weeks. Although official confirmation is lacking it is stated by dairying officials that the accommodation of the cool stores is heavily taxed by the steadily mounting quantities of produce, and more butter than usual has been diverted to Horotiu works instead of being despatched to the King’s wharf and Southdown.