THE DAIRYING INDUSTRY

Sun (Auckland), Volume II, Issue 569, 23 January 1929, Page 10

THE DAIRYING INDUSTRY

\_ COMPANY PAYMENTS The output of butter from the East Tamaki Co-operative Dairy Co.. Ltd., last month was 92 tons IS cwt, as against 59. J tons for the corresponding month last year. The pay-out for December was £13.289, at the rate of Is 6£d, plus Id for shares, as against £8,055, at Is sid a lb. The butter made for the seven months of the season was 391 i tons, as against 377 tons for the whole of last season. The supply is holding well. The returns for the Ruawai Co-opera-tive Dairy Company are as follow: —Output: December, 1925, 113 tons; December, 1927, 77* tons; season to December 31, 407 tons; same period, 1927, 276 tons; increase, 131 tons. Pay-out: December, 1925, at Is 4d a lb. £13.932; December, 3927. at Is 4d. £9.539; increase, £4,373; •season. 1928, £50,533; same period 1927, £33.998: increase. £16,535. The average grade for the season was 93.95. * * « For the month of December the Fiopio Co-operative Dairy Company is making advances at the rate of Is 5d net cash for finest butter-fat, which will absorb £9. '63 14s 4d, as against £7.547 14s for the same month last year. The increase in output for December was SJ tons, and the increase for the season to December SI amounts to 22j tons. CHICAGO WHEAT CAustralian and N.Z. Press Association) Reed. 9.40 a m. CHICAGO. Tuesday. Wheat—March, 1 dollar 251 cents a bushel; May, 1 dollar 2S 3-S cents; July, 4 dollar 30 3-8 cents. PRICE OF GOLD f Australian and N.Z. Press Association) feeed. 9.15 a.m. LONDON, Tuesday. Cold is quoted at S4s 11 3-Sd an ounce.