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Thursday, 14 June 1928

Mr PATERSON - The answers to the honorable member's questions are as follow : - 1., The bounty is provided from a levy voluntarily subscribed by manufacturers, who deduct the equivalent from their payments made to cream suppliers. In this way the producer provides his own export bounty.

2.   According to the last weekly cable advice received by the Dairy Produce Control Board from its London agency on the 8th June, the average prices realized for the week ended 5th June were- 159s. per cwt. for salted choicest butter and 162s. 6d. per cwt. for unsalted choicest. The current prices on the 8th June were: Salted, choicest 160s. to 162s. per cwt.

3.   Approximately 20s. per cwt.

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