B.—l [PT. IV], SUP. TO 1940.

Purchase and Sale and Revenue Accounts: 1939-40 Season's Dairy-produce purchased up to 31st July, 1940.

MARKETING DEPARTMENT— continued. EXPORT DIVISION— continued. DAIRY-PRODUCE— continued. Administration and General Expenses Account: 1939-40 Season's Dairy-produce purchased up to 31st July, 1940.

53

Ktagdom. New Zeaiand. Total. „ , . Dr ~ £ £ £ Or. £ salaries .. .. .. .. .. __ # 5,324 5,050 10,374 Miscellaneous recoveries .. .. .. .. .. .. 7x9 Legal expenses .. .. .. .. .. .. _ 85 gg Allocation of net expenses to Purchase and Sale Account — £ Office rent, maintenance, cleaning, telephone, and sundry expenses .. .. 1,418 961 2,379 Creamery butter .J .. .. .. .. 38,966 Postages, cables, and printing and stationery .. .. .. 52 534 '586 Whey butter .. .. .. .. .. '621 Travelling-expenses .. .. .. .. .. .. .. 27 20 47 Cheese .. .. .. .. .. .. 15,472 Subscriptions, donations, and entertainment .. .. .. .. 81 81 55 059 Shipping inspection .. .. .. .. .. .. '' 723 '256 979 Agency expenses: Lyttelton .. .. .. .. .. .. _ 225 225 Audit fees .. .. .. .. .. .. ., _ _ 298 298 Depreciation .. .. .. .. .. .. .. 290 ; 216 506 8,000 I 7,560 15,560 Advertising in United Kingdom .. .. . . .. .. _ 5 Q49 Miscellaneous expenses .. .. .. . . .. gj £ Cost of remittances to dairy companies .. .. .. .. .. 9 280 Interest on overdraft at Reserve Bank .. .. .. .. .. 25 312 0 T1 . 0 . n — 34,592 subsidy, .Public bervice Superannuation Fund .. . . .. .. 486 £55,778 £55,778

C BntTer ry Whey Butter. | Cheese. Tocal. j j Whey Butt er. j Cheese. Total. r • £ £ £ £ Cr. £ £ I £ £ Purchases net f.o.b. .. .. 16,095,886 249,266 6,629,958 22,975,110 Sales net f.o.b. to United Kingdom .. 15,813,837 249,535 ! 6,718,033 22,781,405 Gross surpluses earned down .. .. 8,319 269 96,408 104,996 To other destinations .. .. .. 290,368 .. i 8,333 298,701 16,104,205 249,535 6,726,366 23,080,106 16,104,205 j 249,535 j 6,726,366 23,080,106 Administration and general expenses .. 38,965 j 621 15,472 j 55,058 Gross surpluses brought down .. .. 8,319 269 96 408 104 996 burpius on cheese .. .. ,. .. j .. 80,936 80,936 Deficits on creamery and whey butter .. 30,646 352 ..' 30,998 38 ' 965 ; 621 96,408 | 135,994 38,965 621 96,408 135,994 Estimated payments to manufacturers of special milk products... j 150 i Surpluses and deficits brought down — £ rSalance, being surplus on 1939—40 season's dairy-produce purchased up to 31st July, 49,788 j Surplus on cheese .. .. .. .. .. .. 80,936 Less deficit on whey butter .. .. .. .. .. 352 80,584 Less deficit on creamery butter .. .. .. .. .. 30,646 —- j 49,938 — — — ' 49,938 ; 49,938