READINGS IN RURAL ECONOMICS 



committee in accordance with the distinct desires of the Butter Exporter's 

 Union, as also with the wishes of the Committee always to meet to the utmost 

 the dairy-farmers in this question of great national importance, makes free 

 to invite the Statistics Committee, as soon as possible, to enter into negotia- 

 tions about continued cooperation for the fixing of the Copenhagen quotation. 

 In this connection the committee at the same time admits that the alteration 

 of the communications about the results of the statistics, which has been passed 

 by the agricultural organizations, points in a direction which may facilitate 

 negotiations. In the hope that such cooperation can be arranged to mutual 

 satisfaction at forthcoming negotiations, it is, in conclusion, submitted that the 

 present quotation be continued as heretofore until the result of such negotia- 

 tions be known, so that the continuity of such importance in this matter as 

 regards the English market may be maintained." 



As will be seen by this clipping, the quotations are not satis- 

 factory to everyone. The Danish dairy farmers' organization has 

 started rival quotations, but as yet they are very little used. They 

 make no allowance for overprice to the creameries. To show the 

 comparison between the two quotations a sample quotation for 



August id, 1913, is given. , , , 



o t> y u> Copenhagen, Thursday 



Butter. Two kroner higher. The top official quotation is now 102 kroner 

 per 50 kilos, and equal to about 114s. per hundredweight. English money at 

 the exchange of 18.19 kroner. The price last year at this time was 118s. 5d. 



The Copenhagen butter quotation issued by the Committee of Statistics, 

 1.03 kroner per 50 kilos. 



(Before the f.o.b. prices can be obtained the current overprice to the dairies, 

 cost of freight to the port of shipment, working expenses, and profit to the 

 shipper must be added. This applies to both quotations, but the Committee 

 for Statistics does not recognize overprice in its quotations.) 



There are three ways of selling butter that is to be sent to 

 England. 



1. By selling to an English company through one of its 

 Denmark agencies. 



2. By selling directly to an agent or wholesale house in London 

 or other large city. 



3. By selling to the Danish Cooperative Selling Society, which 

 sells to agents or wholesalers in England. 



There are two large English houses that buy through their 

 men in Denmark, namely, the Cooperative Wholesale Society 

 and the Maypole Dairy Company. 



