DAIRY PRICES WILL END DEPRESSION

Sun (Auckland), Volume I, Issue 150, 15 September 1927, Page 15

DAIRY PRICES WILL END DEPRESSION

UNMISTAKABLE SIGNS “CHEERING,” SAYS MINISTER (THE SUN'S Parliamentary Reporter.) WELLINGTON. To-day. Optimism regarding the outlook for the dairy industry was expressed today by the Minister of Agriculture, the Hon. O. J. Hawkon, who said that the dairy cattle of the Dominion are coming into profit in a beter condition this spring than usual, and are in a condition to produce well from the beginning of this milking season. The advantage of improved feed for dairy cows, through increased use of fertilisers, is made manifest by the increase in the grading figures for last month,, which show that 2,246 tons of butter were graded, an increase of 599 tons over the corresponding months in 1926. Grading figures for cheese show an increase of 135 tons, or 64 per cent., and the total increase in both butter and cheese would represent an increased credit in London of over £ 121,000. “These figures are very cheering,” said Mr. Hawken, “and are., I am convinced, one of the indications that New Zealand is recovering from the period of depression. Given average climatic and marketing conditions, the dairy industry will this season do much toward rectifying the general financial position which is already showing unmistakable signs of improvement.”