450 



BUTTER STORAGE 



Amount of Butter Held in Cold Storage. The amount of 

 butter held in cold storage varies largely with the supply and 

 demand jf fresh butter, length of storage season, market prices 

 of fresh butter, etc. It is naturally greatest during the storage 

 season proper, and lowest just before the storage season opens 

 up again. The peak of storage holdings is generally reached 



Cold storage: 



Meat packers 



Tig. 77. Stocks of Butter Reported for July 1, 1918, and July 1, 1917, by 

 Important Classes of Business 



Millions 

 6 8 



15,194,481 

 11,045,055 

 9.1E4.034 

 4,291,022 

 3,832,338 

 3,204,877 

 3,065,224 

 2,826,693 



111. 



Pa. 



Calif 



Minn. 



Nebr. 



N.J. 



Conn. 



Wls. 



Ohio 



Mich. 



Kan. 



Iowa 



Colo. 



2,038,497 

 1,961,845 

 1,896,340 

 1,495,380 

 1,493,472 

 1,374,719 

 1,352,727 

 1,208,665 

 1.153,202 



Fig*. 78. Stocks of Butter Reported for tlie Eighteen Most Important States. 



by September and the bottom early in May. During the years 

 from 1907 to 1916 the percentage of storage holdings of butter 

 reported by the Associated Warehouses averaged six and nine- 

 tenths on May 1, and 100 on September 1, as shown in graphic 

 illustration, Fig. 80. 



The average holdings on the first of September, for the 

 entire period of 10 years amounted to 64,378,898 pounds. This 

 diagram further shows that more than three-quarters ot the 



