H.—3o.

Purchase and Sale of Cheese, 1936-37 Season.

Purchase and Sale of Whey Butter, 1936-37 Season.

5

(Quantity : 1,213,914 crates. Sale Weight: 85,979 tons 6 cwt. 1 qr. 27 lb.) Amount. Per Hundredweight. Per Pound. d. s. d. d. d. Realization on sales, United Kingdom 5,551,701 64 7-918 6-928 (sterling gross) Less trade discount* .. .. 46,224 6-460 0-058 Less selling charges, United Kingdom— 5,505,4-77 64 1-458 6-870 Port dues and consolidated rate .. 71,516 9-995 0-089 Storage, cartage and delivery, ave- 15,288 2-137 0-019 raging, and other charges Commission .. .. .. 111,321 15-559 0-139 198,125 2 3-691 0-247 Realization on sales, United Kingdom 5,307,352 61 9-767 6-623 (sterling net) Plus exchange on remittances to New 1,273,763 ] 4 10- 024 I • 589 Zealand Realization on sales, United Kingdom 6,581,115 76 7-791 8-212 (New Zealand currency) Less freight and insurance .. 671,101 7 9-794 0-837 Net realization on sales, United Kingdom, 5,910,014 68 9-997 7-375 f.o.b. New Zealand Plus realization on sales to destina- 7,466 62 7-203 6-707 tions other than United Kingdom Total net realization sales cheese f.o.b. 5,917,480 68 9-893 7-374 New Zealand Less administration, interest, adver- 46,818 6-534 0-058 tising, cost of remittances, and general expenses Pinal net realization sales cheese .. 5,870,662 68 3-359 7-316 Purchase cost based on sale weights 5,744,293 66 9-722 7-158 under 1936-37 guaranteed price Surplus on cheese, 1936-37 season .. | 126,369 1 5-637 0-158 * Allowed in terms of rules of London Provision Exchange.

(Quantity : 57,422 boxes. Weight: 1,435 tons 7 cwt. 2 qr. 26 lb.) Amount. Per Hundredweight. Per Pound. £ £ d. s. d. d. d. Realization on sale, United Kingdom 134,691 93 10-032 10-054 (sterling gross) Less trade discount* .. 1,123 9-388 0-084 133,568 93 0-644 9-970 Less selling charges, United Kingdom— Port dues and consolidated rate .. 1,479 12-365 0-109 Storage, cartage and delivery, 91 0-761 0-008 averaging, and other charges Commission .. .. .. 2,694 22-522 0-201 4,264 2 11-648 0-318 Realization on sales, United Kingdom 129,304 90 0-996 9-652 (sterling net) Plus exchange on remittances to New 31,032 21 7 • 430 2 • SI fi Zealand 1__ Realization on sales, United Kingdom 160,336 111 8-426 11-968 (New Zealand currency) Less freight and insurance .. 10,749 7 5-862 0-802 Net realization on sales, United Kingdom, 149,587 104 2-564 11-lfifi f.o.b. New Zealand Less administration, interest, adver- 1,247 10-425 0-093 tising, cost of remittances, and — general expenses Final net realization sales whey butter 148,340 103 4-139 11-073 Purchase cost under 1936-37 guaranteed 154,296 107 5-932 11-517 price Deficit on whey butter, 1936-37 season ' 5,956 4 1-793 0-444 * Allowed in terms of rules of London Provision Exchange.