Dairying In the Argentine.

Taranaki Herald, Volume L, Issue 12179, 31 January 1903, Page 3

Dairying In the Argentine.

Ij• 1 . \ Th» growth of tha Ar#entin# dairy industry (says an exchainge) needs to be watched. So far' what baa been done has " been principally' owing-^ to the energy of two companies, Lavteiic lia ( 3lf artona and'ljaiteric 'Gringa Blanca, which established creameries . mid butter factories and pushed the industry among farmers, with the result that the export of bijtter in 1901 amounted to over 3,250;00!e>1b5. ]Now several of the provincial (ioveinments are taking steps to encourage the indtkstryV"' sln5 In Entre Rios a. guarantee of 5 per cent interest, per annum is( given for' five years^upon all capital 'invested ,witMn the province in the installation of factories for the manu-; facture by steam power of butter for export. This guarantee is paid upon the «rotifo capital, provided' it is not less than £2000 nor more than £4000 fora creamery or £10,000 for a butter factory, without taking into account the profits which may accrue to those who ayail themselves of the provisions of this Act. This guarantee comes into force upon the completion of the factory,- which shall be exempt of the first year of regular operation from the payment of provincial and municipal taxes, during the. said term [of five years. Tie., .general agent of [Victoria, -Mr J. M. y Sinclair, 'writes on a ; cognate subject from London under date December 12 last as follows :— Unlortunately vfor Victoria, throughshortage in Shipments, provision merchants in , financial : centres who had taken up the- sftle of Victorian butter have* to transfer their trade to New Zealand, Canadian; Danish, and Argentina products. A number of mer,-, chants interviewed during my visits to the provinces who wera desirous qf taking up the sale of Victorian this season will not have an opportunity tb do so. A eeasbn'g . break in supplies, during which merchants form new trade ( connections 1 and consumers become used to the butter] supplied from Other countries, means that in many directions a reintroduction of Victorian will have, to, take place when normal exports- are resumed a y4ar hence. Argentina butter has been in considerably increased supply in British markets this .season. During tHis year 'up to Kovember 30th 71,gsa boxes arrived In Liverpool, d4,m m London, 16;28B at Southampton, and 4449 at HulJ— a total of 127,SSI boxes. In 1901 .the total Argentina shipments were only 48,215 boxes, and the previous year . 46,.733 boxes. The butter generally i\ -of excellent qualify; and is realising up to 112 b . per cwt. Danish butter is selling at from 118s to 120s m- London, and up ; tp 121s and 122s in Liverpool and . Manchester. ' ' , ...T*T" TSSTL ]