DAIRY PRODUCE LEVIES

Sun (Auckland), Volume 1, Issue 108, 28 July 1927, Page 2

DAIRY PRODUCE LEVIES

REDUCTION IN AUSTRALIA By Cable. —Press Association.—Copyright SYDNEY, Wednesday. The Dairy Produce Control Board has decided to reduce by 25 per cent the levy which is paid by exporters on the export of butter. A recommendation will be made to the Minister of Markets. Mr. T. Paterson, to amend the regulations so as * lo reduce the levy under the Dairy Control Act on butter from l-16d per pound to l-20d, and on cheese from l-52d to l-40d per pound.—A. and N.Z. NEW ZEALAND ON LONDON ALTERED EXCHANGE RATES The Bank of New Zealand advise the following alteration in the London exchange rates which came into operation yesterday:

EXPORT OF PORK GOVERNMENT HELP SOUGHT FEDERATION TO BE FORMED Press Association. PALMERSTON NORTH. WedThe most important meeting that has yet been held to discuss the pork industry of the Dominion took place at Palmerston North to-day, when far-reaching decisions were arrived at. Delegates from all over the North Island were present. Consideration was given to the questions of a Government subsidy to set the industry on -a proper footing, the formation of a scheme similar to the Paterson scheme operating in Australia, the formation of a federation to encourage the production and export of pork and bacon by dairy farmers, and an endeavour to stabilise prices. It was decided to wait upon the Government as a deputation in an endeavour to secure a subsidy of £ 40,000 on nigs exported through cooperative channels that do not realise at least 5Jd a lb., and that the Paterson scheme be proceeded with. Some speakers severely criticised the inaction of the Meat Board in not looking after the pork interests. The meeting decided to form the New Zealand Dairy Farmers’ Pig Federation, with the objects of encouraging production and stabilising prices. CALF BUYERS BUSY KILLING AT THE WORKS KEEN COMPETITION Three-day-old calf-buying is now in full swing in the Waikato. A large fleet of lorries is engaged in collecting, and to-day the Auckland Farmers’ works handled approximately 300 intended for the Home market. Keen competitors to the calf buyers are the skin dealers. Firms are fighting one another for business in all parts of the country, and prices have hardened during the last few days. The country is well canvassed. On present markets there is little margin between the price of the live | calf and the price of the skin. At the works the calves are subjected ! to a rigid inspection according to tne requirements of the department, *■« no carcase is dressed ana passed tna does not come up to standard.

Buying, s. d. Sellinr s. <L On demand .. .. 6 d's. 3 days 9 6 dis. 30 days 17 6 dis. par. 60 days 27 6 dis. 7 6 dis. 90 days 37 6 dis. 15 0 dis. 120 days Telegraphic exchange .. . . 47 6 dis. 17 6 preir.