JANUARY ADVANCES

Shannon News, 21 January 1929, Page 3

JANUARY ADVANCES

Dairy Factory Pay-Outs

Very satisfactory advances by the various dairy companies operating around Palmerston North are again to bo made on January 20. The butter market at Home continues firm with a rising tendency—-a very cheerful outlook for the dairy farmer. The forward position is described as very sound and exporters may expect a firm market until the European production commences. Forward offers in the region of lsl 6d have been received but very little butter is being sold at that figure as the majority of factories have already disposed of their available surplus.

As regards cheese, the position n not so bright The market remains firm at about 95c but no great increase is io be expected in the future. Production continues to be wonderful and a continuance of humid conditions will see a record established. There appears to be a super-abundance of feed everywhere.

Another relatively large shipment of Auckland butter for Canada, Honolulu and the East was taken by the Aorangi which sailed for Vancouver yesterday. The total shipment is 26,3*i8 : boxes. The Aorangi’s last cargo comprised 29,305 boxes, while in December the Niagara took 27,711 boxes for similar destinations. Of the Aorangi's present shipment 21,744 boxes are for Vancouver; 1450 for Victoria, Gritish Columbia; 750 for Calgary; 1872 for Honolulu; 500 for Shanghai; and 12 for Los Angeles. On the Aorangi also eic 642 crates of cheese, 540 being for Vancouver.

Disbursements by Manawatu companies on the 20th will be as follow: Total Butter Cheese

£40,000 Payout by Cheltenham Co-op. for December

RECORD MAKE OF BUTTER. The Cheltenham Co-op Ditiry Co. Ltd. will pay out £40,000 for Deeem ber butter fat, being at the rate of Is 5Ad per lb. This brings the total for three months up to the splendid sum of £IIO,OOO for this ably-managed concern. The factory’s output for December is the highest on record, being 17 tons greater than for December, 1927, and two and a half tons more than for December, 1922, the previous best in the company’s history.

Awahuri .. £ .. 16,580 s 1 d 6 s tl Kairanga ,. .. 12,000 1 5$ 1 7 Reliance ... . 2,129 .1 6 Tiakitahuna .. 1,346 * — 3 6* Tui 2,708 1 8 JVIangavdiata .. 3,888 1 9 M/akoAvai .. .. 2.144 1 1. Rangiotu .. .. 1,345 1 7 Tolcoinaru .. . 2,140 1 7 Shannon .. .. 16,820 1 5§ Levin .... . . — ' 1 5