DAIRYING INDUSTRY

Hokitika Guardian, 1 August 1929, Page 2

DAIRYING INDUSTRY

MARKETING SCHEME. MR GOODFELLOW’S STATEMENT. AUCKLAND, July 30. Mr William . Goodfellow, managing director of Amalgamated Dairies, Ltd. ■when interviewed by a “Star” reporter this morning, stated that, despite adverse criticism among local agents, the company’s new scheme for the' development of Empire trade had been very well received by the dairy industry throughout New Zealand. s Dairy directors, he said, • realised the necessity for some improvement in the existing haphazard method o*f marketing, and welcomed the Amalgamated Dairies’ proposal as a soynd and constructive scheme for the elimination of competition and the gradual linking up of the co-operative dairies of the Empire. „ -

Referring to a statement recently made in the House of Representatives by Mr S. G. Smith (New Plymouth), Mr Goodfellow remarked that Mr Smith represented one particular part of New Zealand that had unitedly opposed the Control Board’s marketing policy, and that his remarks regarding marketing did not therefore occasion much surprise. Mr Smith’s statement might best be answered by what Mr W. D. Xysnar, who had just returned from London, told the House on July 17.

Mr Goodfellow said that Mr Smith's statement regarding payments for butterfat was not correct. The Taranaki dairy" factories manufactured mostly cheese, and during the previous year practically all their, output was sold to London merchants, while the Waikato factories maintained their policy of consigning with, very gratifying results. This season a very (few cheese factories Had sold their output and they had done exceedingly well, but probably 90 per cent of . the Taranaki cheese this season was shipped on consignment.

The butter position was somewhat different and f.o.b. sellers over the past two years had had a decided advantage. It was reported that one London merchant had made £70,000 to £BO,OOO net profit on New Zealand cheese last season and that a grqup of buyers of butter this season had lost upwards of £200,000.