CONGESTION OF CHEESE.

Taranaki Daily News, 6 January 1917, Page 5

CONGESTION OF CHEESE.

KFFECT ON FACTORIES The Executive of the South Auckland Dairy Association, at a meeting at Hamilton, received a communication from the National Dairy Association, stating, that arrangements had been made for a steamei to load butter and cheese for England about the middle January. The chairman, Mr. H. E, Pncey. in commenting upon Mr. Massey"9 cabled assurance that cheese would ba shipped, said that at present the con* gestion was a very serious one, and the disappointing feature at present was ' that, even the Prime Minister's messago did not give any indication as to when the cheese would be shipped, and ths congestion relieved On December 23, there were in the freezing works at Auckland alone 102,113 boxes of butte? and 18,7!)fl crates of cheese. Every weelc these quantities were increased enor* mously A report had also been received that the Imperial Insurance Fund had increased its war risk premium front £1 Is per cent, to £2 2s pel cent., this being in some respects the mo&t ominous communciation received foij some time. It war also reported that the Tftra* naki companies had advanced from lOd to Is per lib for milk supplied to cheese factories during November, while even smaller advances were being eontemplated for the December supply, un J less tnc congestion due to inadequate shipping facilities was greatly reduced in the interval The East Coast dairy factories were reported as having ad' vaneed lOd for November supplies. In view of increased insurance finann . cial difficulties due to the congestion, the uncertainty as to the rate which! would be paid foi cheese by the Im* peria! C.ovennnent, avid.to the increaw in rate of freight, it was decided to recommend the associated dairy companies to advance not more than la per lb for Mitter-fat supplied during the month of Decembei, such advance in respect of butter to be subject to certain premium' and reductions a» i usual. It was emphasised bj members that the prospect was a good one, and that tbe payments realised would likely be satisfactory, and when sales were reported from time to time it was proliable that further substantial progress payments would be made. i