Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1920-03-23

business. 1t tells US that the storage
season for butter may be said to be-
gin in May and end in April Storage
holdings are increased during May,
June. July and August, and hence
these months are known as storing
months" Storage holdings are de.
creased during the months from Sep
TENDER to April, inclusive. These
months are known as distributing
months" September is sometimes a
storing month if the season is late.
The largest amount held in storage on
the first of any month during a season
is known as the peak load'' for the
season. About three-fourths of the
peak load is stored during June and
July; most of the distribution is with
in the months of October to March,
inclusive About one-fourth of the
peak load is usually withdrawn during
December.
On May /. 1917, at the beginning of
the 191T-1S season, there were little
over 100000 pounds of butter in stor-
age. During the months of May TO 0c-
tober storage holdings showed net
increase of a little over 103,500,000
pounds. The average wholesale price
for these months was 1915 cents. Dur
ing June and July the net amount
stored was almost 77,500,000 pounds.
The average wholesale price for these
two months was 37,9 cents.
Withdrawal Boosted Prices.
From October to May /, 1918, there
was a net withdrawal from storage of
96,000,000 pounds The average whole
sale price during these months was
40 cents. In December there was a
net decrease in storage holdings of
30,000,000 pounds. The average whole
sale price in December was 4S.1 cents
During the storing months of this sea-
son, exports of butter totaled a little
over 100000 pounds and imports
about $4,000 pounds. During the dis
tributing months exports totaled over
14,5O0000 pounds and imports almost
100000.
BY proclamation of July 9, 1917, the
export of butter was prohibited except
by virtue of a special license. Butter
was included in the presidential
license prOclamations of October s.
1917, and January 10, 1918. 1t was in
the list of restricted imports April
%, 1918. During the period from May
1917, to April, 1913, the average differ
entail between wholesale and retail
prices was cents.
On May l, 1918, ut the beginning of
the 191S-19~ season, there were little
over 100000 pounds in storage. Dur
ing the months from May until Sep
TENDER storage holdings showed a net
increase of slightly over $1,000 900
pounds. The total production from
May until September was SO, 500 900
pounds. The average wholesale price
for these months was 429 cents. Dur
ing June and July the net increase in
storage holdings was 76,000,000
pounds. The total production for these
two months was approximately 202,-
000,000 pounds The average whole
sale price for these two months was
1915 cents The movement into stors
age of such large proportion of the
amount produced prevented a gIutted
market and Il consequent decline in
price. From September until May,
1919, there was net withdrawal from
storage of 100000 pounds. The
average Wholesale price for these
months was 5S.7 cents. During Deem
Der there was net withdrawal of a
little more than 20,500,00o pounds.
The average wholesale price in De-
cember was 81 cents.
Fluctuations During WiAter.
In December the wholesale price adj
vanced another 8 cents and the retail
price cents, although production was
practically the same as In November,
and there was a net decrease of 20,-
100000 pounds in the amount in stor-
age. During December, however, 3,000,-
600 pounds We're exported.
The wholesale price for January,
1919, was G. cents; for February, 40
cents, and for March 60 cents. The
amount produced in February was
almost 100000 pounds less than in
January. During February, however.
there was net decrease in cold stor-
age holdings of 12,500000 pounds,
which was greater by 100000 than
the net decrease during January. The
wholesale price in April was 62 cents.
During this month storage holdings
showed net decrease of 100000
pounds. but over S,000S00O pounds
were exported. During the season
191S-19 the average differential be
tween the wholesale and retail price
was . cents, approximately the same
as for the 1917-1S season.
The 1920 season will not be com
pleted until MAY /. On May !, 1919,
at the beginning of the season. there
were Approximately 100000 pounds
in storage. During May, June and
July, 1919, production increased From
May until August there was great
decrease in the amount exported