RISE IN THE VALUE OF MILK.
TO THE EDITOB.
Siu,—ln Monday's issue of the Herald Mr I Reynolds is reported to have stated at the meeting of milk-snppliers, held at Hamilton, that the rise iu the prico of milk would amount to £1 8s per cow, takinp the average of 450 gallons per cow. Surely Mr Reynolds must have been incorrectly reported, as it would require a rise of at least ifd per gallon to amount to that. A little comparison of this year's prices with last year's will show that tho present rise does not amount to }d per gallon. Lu.st year's price was 2§d per gallon of lOJlbs ior the whole nine months; this year's price is : For the first four months, 2|d ; next threa month-, 2Jd.; and the last two months, 3d; weight of gallon, lO.ybs. Now, if you take the average of the seven months, it is 2gd arid 1-ltith d. per gallon, which is the same price as last year after deducting tha weight of the gallon for this year. Perhaps it may be said that the first four months will produce more milk than the next three, but Mr Farley stated atone of then- meetings that unfortunately the bulk of their butter was made in those months, and so was too late for the London market. Now we come to the last two months, at 3d per gallon—a rise of gd on last year's price, less extra weight on gallon of Jib. If you divide the 450 gallons per month per cow, and as they are the two last months of the cow's milking, you will certainly not get more than the 100 gallons for the two months, and jjd on 100 gallons is something like 2s tsd (ugain deducting extra weight ion gallon), and that is all the rise, without the bonus, that I can make of it—2s (id per cow. If you add the bonus of £d on the 450 gallons, or say something like 4s 9d to the 2s Gd, you eet 7s (id per cow as the rise in your cow's milk of 450 gallons for the year. Now, Mr Editor, I am no arithmetician, find perhaps in the Jd and 1-lo'thd I may have made a mistake ; if so, perhaps Sir Reynolds or some of your readers may correct me. I mny say, in conclusion, that this dissatisfaction among Wnikato inilk-suppliei" , '' es ln the (act that they do not get for their milk the prices that are being given in other parts of New Zoaland : for example, the price 3 that Mr Wilson has offered (as per last week's Weekly News), 3d per gallon of 101b weight, o: equal to 3gd of Mr Reynold's gallon of 1011b weight.—l inn, &c, MILK-SUri'LIEK.
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Waikato Times, Volume XXXIX, Issue 3119, 12 July 1892, Page 3
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462RISE IN THE VALUE OF MILK. Waikato Times, Volume XXXIX, Issue 3119, 12 July 1892, Page 3
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