WAIKATO BUTTER-FAT

Sun (Auckland), Volume II, Issue 616, 19 March 1929, Page 12

WAIKATO BUTTER-FAT

PAYMENTS FOR FEBRUARY Further announcements by Waikato i dairy companies regarding payments to suppliers for the February output are as j follow: — . . ; The New Zealand Co-operative Dairy Company. Ltd., is paying out Is 5d a ib for butter-fat supplied for butter-making i and Is std a lb for butter-fat supplied ; for cheese-making. For the corresponding period last year Is 4d a lb was advanced for butter-making and Is 5d for cheese. An advance of Is 5d a lb for cheesemaking and Is 4!Jd for butter-making will be made by the Sunny Park Co-operative Dairy Company, Ltd., compared with Is 5d and Is 3d for the same month last season. A total distribution for the month of £4,527 will be made, as against £3,11S for February last year. Suppliers to the Tatua Co-operative Dairy Company, Ltd., will receive an advance payment of Is 6d aJb tor cheesemaking, compared with Is 5d tor the corresponding month of last year. 1S “ tribution for the month, £o,b os, sno w s marked increase on February. 192 b, wnen £4,022 was paid out. # A distribution of £2,655, the rate of Is 5d a lb, will be made to supplieis of the Norfolk Co-operatne Bany Company, Ltd., for cheese manufacturing. In February, 1928, the advance was made at the rate of Is ad a lb, repiesentin B a distribution of £ 1,952. A considerable increase is shown in the figures of the Te Aroha Dairy Company, Ltd., for the season, compared with last vear The pay-out for the month is at the 'rate of Is 5d a lb, representing a distribution of £lS,o<9. Last on the mv-out was at the rate of Is 4cl a lb, the total distribution being. £l°, 138- For the season to the end of Frf>ruary, total distribution has been ,5;” increase ot 55.4 per cent, on the same period last year.

APPLES FOR OVERSEAS INTERESTING FORECAST (From Our Own Correspondent) DUNEDIN, Monday. Mr. H. Turner, secretary’ of the Otago Provincial Fruitgrowers’ Council, has sent out a circular embodying important information which is extracted from the fruit intelligence notes of the Empire Marketing Board. It is of interest to fruitgrowers generally and apple exporters in particular. The total exports from Australia, Tasmania and New Zealand to Europe in 192 Sin round figures were:—Australia and Tasmania, 4,250,000 cases; New Zealand, 1,000,000 cases; total, 5,230,000 The provincial estimates for 1929 are:— Australia and Tasmania, 1,640,000 cases; New Zealand, 700,000 cases; total, 2,340,000 cases. This reveals a reduction in 1929 of 2,910,000 cases. The figures for New Zealand’s overseas shipment will probably be SOO,OOO cases, but it is expected that at least 3 00,000 cases will go to South American markets. Out of the total of 700,000 cases given for Europe, it is likely that a larger proportion than last year will go to the Continent, and as the grand total for all markets seems likely to be over 50 per cent, down, the prospects are for a satisfactory range of prices for the British markets.

FREEZING CO. AMALGAMATION (From Our Own Correspondent) CHRISTCHURCH, Monday. Directors of the North Canterbury Coop. Freezing Company' are unable to agree in a proposal that the companyshould amalgamate with the Canterbury Frozen Meat Company, Ltd. The suggestion of amalgamation is made by the chairman and two other directors, but the remaining four members of the directorate are strenuously' opposing this rnoye. The question will be put to a meeting of shareholders on April 3.

N.Z. MEAT IN BRITAIN (Australian and N.Z. Press Association) SYDNEY, Monday. Mr. T. F. -Gibson, president of the Levin Chamber of Commerce, arrived at Sydney to-day by the Moreton Bay. Tie said that although he had travelled fairly extensively' in England he had noticed very little Australian frozen meat. But New Zealand meat was there in abundance and plainly labelled.