DAIRY FREIGHT DOWN

Sun (Auckland), Volume III, Issue 750, 24 August 1929, Page 12

DAIRY FREIGHT DOWN

INSURANCE RATES ALSO REDUCED CONSIDERABLE REDUCTIONS Press Association WELLINGTON, Today. Reductions in shipping freight and insurance rates on butter and cheese are announced by the Dairy Produce Board. The freight rate on all dairy produce shipped on and after September 1, irrespective of the date of the final departure of the loading vessel, will be: Butter, 4s a box, less 12J per cent. (old rate 4s, less 7 h per cent); cheese, 7-8 d a lb, less 12J per cent, (old rate 7-8 d a lb, less 7J per cent). The reduction in insurance premiums that comes into force in respect of all dairy produce shipped in vessels sailing finally from the Dominion on and after September 1 is as follows: To United Kingdom: Butter reduced from 7s 3d per cent, to 7s per cent, and cheese from 9s per cent, to 8s 2d per cent. To New York and Halifax: Butter reduced from 6s 7d per cent, to 6s 4d per cent, and cheese from 8s 4d per cent, to 7s Sd per cent. To Montreal and inland towns, via Halifax: Butter reduced from 7s 3d per cent, to 7s per cent, and cheese from 8s 9d per cent, to 7s lid per cent. To Panama, Vancouver and Victoria, 8.C.: Butter, as before, 6s per cent., and cheese reduced from 8s Id per cent, to 7s 3d per cent. To Canadian inland towns, via Vancouver: Butter reduced from 6s 7d per cent, to 6s 4d per cent, and cheese from 8s 4d per cent, to 7s 6d per cent.