COLD STORAGE REPORTS, 1917-1918. 
13 
the costs of storage, leaving little or no balance to pay interest 
on the investment or to provide for any profit on the trans- 
action. 
Figure 4 shows the weekly average prices of creamery but- 
ter on the New York market during some of the months of 
accumulation and distribution for the past three seasons. The 
prices are obtained from the quotations in The Producers' 
Price-Current. 
t 
June 
July 
October 
November 
December 
January 
February 
50 
1 2 | 3 
4 
1 
2 
3 
4 
2 
1 
4 
1 
2 
7 > 
A 
1 
2 
T > 
4 
'-; 
1 
2 
v . 
4 
4 
1 
2 
=5 
4 
I 
CREAMERY FIRSTS 
CREA1.ERY !ELD FIRSTS 
\ 
45 
\ 
V 
/ 
\ 
/ 
*^s 
V 
^ 
m 
\ 
o 
c 
o 
-p 
I 
o 
a 
V 
A 
35 
30 i 
X 
"^ 
r+ 
►— < 
> «, 
/ 
>™ < 
Y' 
25 
Season 1917-1918 
, Season 1916-1917 
?n 
J - 
45 
4C 
55 
30 
25 
Fig. 4. — Weekly average prices of cold storage creamery butter on the New York market. 
Compiled from the Producers' Price-Current. (Weeks are numbered from 1 to 5.) 
REVIEW OF THE 1917-1918 SEASON FOR COLD STORAGE OF 
PACKING STOCK BUTTER. 
The term "packing stock butter" used in the reports of the 
Bureau of Markets is intended to include all dairy and farm 
made butter which is to be used as bakers' stocks or for mak- 
ing renovated or process butter. 
The first month's report issued on September 1, 1917, 
showed the holdings of 89 cold storage warehouses to be 
2,531,215 pounds. This was approximately 60 per cent more 
than was stored on the same date the previous season. As 
many cold storage warehouses did not report for the month 
of September this did not include all holdings. The compari- 
sons of this month's holdings with later and more complete 
monthly reports would seem to indicate that there were ap- 
proximately three and one-half million pounds stored on Sep- 
tember 1, 1917. 
