H.- 30

PRIMARY PRODUCTS MARKETING DEPARTMENT— continued. CREAMERY BUTTER— continued. Purchase and Sale Account, 1936-37 Season— continued. Stocks in Store in New Zealand awaiting Shipment at 31st July, 1937. X) r . f s. d. | Cr. £ s. d. £ s. d. £ s. dBalance brought forward (estimated deficit on 5,504,248 boxes .. .. 481,150 1 0 Estimated sale value of 488,134 boxes (basis of Purchase value of .. .. .. 488,134 boxes .. .. 1,502,470 1 2 valuation 116s. per hundredweight sterling, less United Kingdon selling-charges) .. .. 1,686,807 14 6 Less— 5,992,382 boxes Freight .. .. .. .. 88,318 9 10 — ■ — Insurance .. .. .. .. 3,197 6 0 (149,809 tons 11 cwt.) 91,515 15 10 1,595,291 18 8 Balance carried forward (estimated deficit on 5,992,382 boxes), (149,809 tons 11 cwt.) .. .. .. .. . - .. •. • • 388,328 3 6 £1,983,620 22 £1,983,620 22 £s. d. _■£s. d. Balance brought forward .. .. .. .. •• •• 388,328 3 6 Balance to Dairy Industry Account (being estimated deficit on sale of creamery Estimated amount due to butter-manufacturing companies to preserve equity in butter) .. .. .. .. .. .. .. .. 561,397 1 6 respect of grading-dates of produce payable at the 1936-37 and the 1937-38 guaranteed prices .. .. -• •• •• 16,000 0 0 Amount due to Butter Box Pool Account (being refund Saranac Box deduction) .. 30,866 17 0 Proportion of administration and general expenses .. .. .. • • 126,202 1 0 £561,397 1 6 £561,397 1 6 (Note.—The produce unsold at balance date has since been realized at prices in excess of 116s. per hundredweight.)

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