H—3o

Payments by Dairy Companies for Butterfat-supplies (In pence perjpound of butterfat) New Zealand average— Butter. Cheese. 1945-46 season .. .. ..16-664 18-980 +3-904* +3-904* 2O-568 22-884 1944-45 season .. .. .. 16-903 19-168 +2-887* +2-887* l9-790 22-055 1943-44 season .. .. ..16-830 18-888 +O-767* +O-767* l7-597 19-655 1942-43 season .. .. .. 16-569 18-577 1941-42 season .. .. .. 16-017 18-025 1940-41 season .. .. .. 16-106 18-043 1939-40 season .. .. .. 16-179 18-091 1938-39 season .. .. .. 16-087 18-060 1937-38 season .. .. .. 14-812 16-389 1936-37 season .. .. .. 13-558 15-176 * Farm-costs allowances (see annual report 31st July, 1945, page 9).

COSTS OF BUTTER AND CHEESE MANUFACTURING COMPANIES The following tabulation stows the average costs of butter- and cheese-manufacturing companies for the 1945-46 season. The averages for the nine previous seasons are also shown

Costs in Manufacture and Delivery of Butter to f.o.b. Overseas Steamers

Factory-costs allowances of (1) 0-269 d. per pound butterfat (from Ist August, 1943) in the two seasons 1943-44 and 1944-45 ; (2) 0-312 d. per pound butterfat. f Butter-manufacturing costs for the 1941-42 season were increased owing to diversion of milk-supply from butter-manufacture to cheese-manufacture. Compensation payments were made to dairy companies on this account.

17

(In pence per pound of butterfat) _L collection. Manufacturing Charges. Depreciation. Repairs and Maintenance. Charges: Factory to f.o.b. Overhead Charges. Total Charges. New Zealand average — 1945-46 season .. 1944-45 season 1943-44 season 1942-43 season 1941-42 season 1940-41 season 1939-40 season 1938-39 season 1937-38 season 1936-37 season 0-504 0-460 0-472 0-440 0-438 0-405 0-398 0-402 0-381 0-352 1-163 1-042 1-109 1-100 1-091 1-023 0-977 1-019 0-953 0-927 0-095 0-090 0-093 0-089 0-091 0-077 0-084 0-085 0-075 0-072 0-097 0-079 0-078 0-068 0-064 0-063 0-063 0-098 0-076 0-088 0-409 0-397 0-391 0-398 0-409 0-437 0-418 0-394 0-384 0-398 0-235 0-188 0-210 0-206 0-213 0-192 0-187 0-208 0-178 0-147 2-503 -0-312* — 2-191 2-256 -0-269* 1-987 2-353 —0-269* 2-084 2-301 2•306f 2-197 2-127 2-206 2-047 1-984