H.—3o.

SUMMARY OF RESULTS OF PURCHASE AND SALE OF BUTTER AND CHEESE FOR 1939-40 SEASON. The following tabulation shows the summarized details of the purchase and sale operations for the 1939-40 season in respect of creamery butter, cheese, and whey butter

Summary of Purchase and Sale of Dairy-produce, 1939-40 Season.

5

Creamery Butter. Whey Butter. Cheese. Total. Boxes Tona (Purchase Boxes Tons (Purchase rmtm Tons ( Sale Trnia 0 Weight). ±ioxes - Weight). Crate3 - Weight). lons - Quantity to United Kingdom .. .. .. .. .. 5,044,694 126,106 83,814 2,095 1,293,522 91,610 219,811 Quantity to other destinations .. .. .. .. .. 86,242 2,157 .. .. 1,588 109 2,266 5,130,936 128,263 83,814 2,095 1,295,110 91,719 222,077 Amount. HundrSweight. Pet Pound - Amount - Hundredweight. Per Pound - Amount - Hundredweight. Per Pound ' Total - £ s. d. d. £ s. d. d. £ s. d. d. £ Sales to United Kingdom Ministry of Food: Sterling.. .. .. 14,156,670 112 3-128 12-028 218,809 104 5-321 11-190 5,878,950 64 2-684 6-881 20,254,430 Plus exchange on remittances to New Zealand .. .. .. 3,450,689 27 4-360 2-931 53,335 25 5-499 2-728 1,432,994 15 7-132 1-671 4,937,017 Realized New Zealand currency .. .. .. .. .. 17,607,359 I 139 7-488 14-959 272,144 129 10-820 13-918 7,311,944 79 9-816 j 8-552 25,191,447 Sales to other destinations: New Zealand currency .. .. .. 314,957 146 0-194 15-645 .. .. .. 8,412 77 2-760 I 8-275 323,375 Total realized all sales: Net f.o.b., New Zealand .. .. .. 17,922,316 j 139 8-772 14-971 272,144 129 10-820 13-918 7,320,362 79 9-755 8-551 25,514,822 Less administration, interest, &c. .. .. .. .. 43,359 4-056 0-036 677 3-878 0-035 17,196 2-250 \ 0-020 61,232 Final net realizations, all sales .. .. .. .. .. 17,878,957 139 4-716 14-935 271,467 129 6-942 13-883 7,303,166 79 7-505 8-531 25,453,590 Purchase-cost at 1939-40 guaranteed prices .. .. .. .. 17,904,840 139 7-136 14-956 271,867 129 9-233 13-903 7,214,679 78 7-928 8-428 25,391,386 Surplus, 1939-40 season .. .. .. .. .. .. .. .. .. .. .. 88,487 11-577 0-103 62,204 Deficit, 1939-40 season .. .. .. .. /. 25,883 2-420 0-021 400 2-291 0-020 Recoveries from manufacturers of special milk products ., .. .. .. .. .. .. .. 159 Final surplus, Dairy Industry Account, 1939-40 season .. .. .. .. .. .. .. .. .. .. 62,363