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PRIMARY PRODUCTS MARKETING DEPARTMENT— continued. WHEY BUTTER. Purchase and Sale Account, 1936-37 Season. Shipments for which Complete Sale Proceeds have been received at 31st July, 193 <. Dr £ B. d. Or. £ a. d. £ s. d. £ s. d. Purchase 0f'42,041 boxes 112,596 7 9 Sale of 42,041 boxes ((less United Kingdom sellingcharges, including landing-charges, agents commission, trade discount, and storage) .. .. 111,969 19 o Less— Freight .. .. •• •• 7 > 662 13 5 Insurance . . • • 193 9 7,85 6 8 2 104,113 11 4 Balance carried forward (deficit on 42,041 boxes) .. .. •• 8,482 16 5 £112,596 7 9 £113 ' 596 7 9 Shipments for which only Partial Sale Proceeds have been received at 31st July, 1937. Dr £ s. d. Or. £ s. d. £ s. d. £ s. d. Balance brought forward (deficit on 42,041 boxes) 8,482 16 5 Sale of 10,242 boxes (less United Kingdom seUmgPurchaseof .. .. 15,181 boxes 40,694 17 8 charges, including landing-charges, agents „7*7 12 10 commission, trade discount, and storage) .. .. «>1, 101 la iu 57 222 boxes Estimated sale value of 4,939 boxes in store United ' . Kingdom or afloat at 31st July, 1937 (basis of valuation 107s. per hundredweight sterling, less United Kingdom selling-charges) .. .. 15,770 0 0 Total boxes, 15,181 .. •• •• •• 47,527 12 10 Less— Freight 2,767 12 4 IllSUranCe 2,854 3 9 44,673 9 1 Balance carried forward (estimated deficit on 57,222 boxes) .. .. •• 4,504 5 0 £49,177 14 1 £49,177 14 1 Stocks in Store in New Zealand awaiting Shipment at 31st July, 1937. Dr £ s - Or. , Balance brought forward (estimated deficit on 57,222 boxes) 4,504 5 0 Estimated sale value of 200 boxes (basis of valuation 108s. per £ s. d. £ s d £ s. a. Purchase value of .. .. 200 boxes .. .. .. 562 4 11 hundredweight sterling, less United Kmgdom selling-charges) .. 644 0 0 Less— 57,422 boxes Freight .. .. .. •• •• 'tin Insurance .. .. .. •• * 0 u (1,435 tons 11 cwt.) 60 g g g Balance carried forward (estimated deficit on 57,422 boxes), (1,435 tons 11 cwt.) .. 4,460 4 2 £5,066 9 11 £5,066 9 11 £ s. d. £ s ' Balance brought forward .. .. .. .. •• •• •• 4,460 4 2 Balance to Dairy Industry Account (being estimated deficit on sale of whey butter).. 5,707 5 9 Proportion of administration and general expenses .. .. .. •. 1,247 1 7 £5,707 5 9 . £5 > 707 5 9 (Note.— IThe1The produce unsold at balance date has since been realized at prices in excess of 108s. per hundredweight.)

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