FOURTH ANNUAL YEAR BOOK — PART IV. 



191 



butter manufacturers that the word "process" might be substituted for 

 the word "renovated'' in branding the product when it is put upon the 

 maricet. Further experience has shown that the Secretary of Agriculture 

 is right at least when he says "Evidence is constantly accumulating that 

 full and cordial compliance with the existing regulations is no real im- 

 pediment to the business Those who keep the name 'reno- 

 vated butter' most prominent in all their transactions and especially in 

 the retail trade, are now doing the best business." 



The prices of renovated butter for the year ending November 1, 1903, 

 are shown in the table below and compared with- the prices of creamery 

 butter. 



SHOWING AVERAGE MONTHLY PRICE OF FANCY WESTERN CREAMERY 

 BUTTER IN NEW YORK MARKET. 



Month. 



II 

 is. 



Sg2 



^•7 



^ 





November . 

 December., 

 January . . . 

 February . 



March 



April 



May 



June 



July 



August 



September 

 October 



.2510 

 .2440 

 .2519 

 . 2394 

 .2670 

 .2000 

 .1785 

 .1794 

 .1770 

 .1980 

 .2125 

 .2294 



.2330 

 .2500 

 .2266 

 .20; 

 .2185 

 .1650 

 .1572 

 .1550 

 .1505 

 .1571 

 .1600 

 .1850 



Average value per 

 lb. for each year $ .2190 $ .1882 $ .1885 $ .1971 



? .2112 

 .2250 

 .1900 

 .2050 

 .1900 

 .18S0 

 .1530 

 .1500 

 .1500 

 .1675 

 .1930 

 .2290 



$ .2325 

 .2290 

 .2040 

 .2042 

 .1937 

 .1980 

 .1580 

 .1687 

 .1687 

 .1860 

 .2025 

 .2235 



$ . 2487 

 .2540 

 .2262 

 .2250 

 .2212 

 .2099 

 .1900 

 .1925 

 .1960 

 .2050 

 .2110 

 .2200 



.2412 

 .2510 

 .2425 

 .2862 

 .2840 

 . 2825 

 ,2275 

 .2195 

 .2131 

 ,1990 

 .2170 

 ,2362 



.2165 



$ .2416 $ .2417 



$ . 2650 

 .2920 

 .2762 

 .2600 

 .2860 

 .2725 

 .2200 

 .2160 

 .2012 

 .1940 

 . 2075 

 .2100 



