H.—3o.

DAIRY-PRODUCE— continued. Purchase and Sale and Revenue Accounts : 1941-42 Season's Dairy-produce purchased up to 31st July, 1942. Creamery Butter, Cheese, and Processed Milk. Dr . C -F C T T T Cr C=y ChCeSe ' ~ d TOtal " down U '183'272 ® ales^ et f ' o ; b " \°. United Kin g dom ■ ■ •• 12,305,634 10,247,000 22,908,471 1 ' ,000 IH6,ZU 1,651 237,215 To other destinations .. .. .. 290,638 46,799 12,303 349,740 Stocks in store awaiting shipment .. .. 1,109,638 1,201,150 .. 2,310,788 £13,i00,910 £11,494,949 £368,140 £25,568,999 £13,705,910 £11,494,949 £368,140 £25,568,999 £ £ £ £ = ===== ===== Administration and General Expenses .. 27,898 21,967 504 50,369 Gross surpluses brought down 51 fgfi 18V 272 2 -57 Net surplus earned to Dairy-produce Account 23,688 161,305 1,853 186,846 '* *>1,080 Lti3,ZlZ 2,00t Z37,215 £ol ' ot>6 £183 ' 272 £2 ' 357 £237,215 £51,586 £183,272 £2,357 £237,215 Whey Butter. £ S'f whey butter 363,835 Sales of butterfat, net f.o.b. to United Kingdom 115^65 Administration and general expenses 779 stocks in store .. .. g " " ;; Gross deficit carried to Cheese Change-over Account .. .. .. .. 73' 264 £364 ' 614 £364,614 Cheese Change-over Account. Deficit on whey butter brought down .. .. ? f c ° sts ° f " change-over" of supply from £ Payments to dairy companies and suppliers in connection with th# " change- " ' butter to cheese manufacture (ss. 9d. per hundredweight sterling) .. .. 1,028,006 over " of supply from butter to cheese manufacture— £ Suppliers' capital costs .. .. .. .. .. .. 80 650 Suppliers'recurring costs .. .. .. .. .. .. 61 748 Dairy-factory recurring costs .. .. .. .. .. 50'663 Government recurring costs— Cheese-crate stabilization .. .. .. .. .. .. 46 370 Storage, interest, and insurance .. .. .. .. .. 88 354 Subsidy on bobby calves .. .. .. .. .. . 87 060 w. * , • —' 414,845 iNet surplus earned to Dairy Produce Account .. .. .. .. .. 539,897* £1,028,006 £1,028,006 Dairy-produce Account. Deficit on 1936—37 season's produce .. .. .. 276 850 1 aaQa ~ n i a , £ £ Less payment from Consolidated Fund .. 276-850 1939-40 season's produce !! .'! ! Deficit on 1938-39 season's produce ~ 2,514,880 season's produce purchased up to 31st Ju1y,"1942 186! 846 1941-42 surplus on Cheese "Change-over" Account .. .. 539,897* t> 1 . . . . 1,517,819 .Balance, being net deficit from commencement of purchase up to 31st July, 1942 .. 997, 070 £2,514,889 £2,514,889 ♦Subject to contingent liabilities as under— £ Suppliers' recurring costs .. .. .. 13 qqq Dairy company capital costs .. .. *. "" 80 000 Dairy company recurring costs .. .. *' s'ooo Government capital costs .. .. .* " 150' 000 Whey butter .. .. .. .. " 25'000 Storage, interest, and insurance .. .. 11' 000 £284,000 ——

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