DAIRY BOARD’S REPORT
expenditure for year. SMALL CREDIT BALANCE. [ Per Press Association. J WELLINGTON, Aug. 30. The Dairy Board’s report for the year ended July 31 states that as was to be expected the total levy collected on the butter and cheese exported shows a decline, due to the shrinkage : .n production. There was collect ea £77,148 8s 9d. Interest from investment yielded £490 3s 9d, making the total income £77,638 12s 6d. The expenses showed: Cost of management, head office, Wellington, £5972 16s 2d; London office, £7026 12s 3d. Exchange on remittances to London for advertising and office expenses was £ y 11,141 12s Id. Expenditure on shipping, super- ’ vision of shipping work at branches, “Dairy Exporter,” board meeting expenses, etc., absorbed £11,805 13s 9d. Dairy research at Massey College cost £4900; subsidy t.Q the Cawthron Institute, £210; advertising in Britain, £36,417 4s 2d. The total expenditure 1 was £77,473 18s sd.
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Bibliographic details
Wanganui Chronicle, Volume 79, Issue 204, 31 August 1935, Page 5
Word Count
152DAIRY BOARD’S REPORT Wanganui Chronicle, Volume 79, Issue 204, 31 August 1935, Page 5
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