DAIRYING IN AUCKLAND.

Dominion, Volume 2, Issue 547, 30 June 1909, Page 10

DAIRYING IN AUCKLAND.

BONUSES AtfD PROFITS.

;:®»«_Paymonts, shortly to;:.ho mad by, the New Zealand Dairy Association (Auckland) ori account of "quantity bonus" for the season will- amount to no smaller sum than £9043. This is an advance;,of £2493; . or, 36J per cent., over last season's similar pay? ment, which indicates tho\ 'satisfactory growth of tlio company's business.', ..This' "quantity .-bonus,','" which" for the largest creamery.will' amount to.l;l-8d; per lb.;on all butter-fat .supplied, is. one *of a number of clearin'g-up payments for the season. It is an adjustment* between largo 'supplies and smaller ones, which are. proportionately morecostly to'fiandkv'aiid'is part of.tho schedule payments which,added-.to the advances, .made, ' aggregate for - .tlib. • season £153,593. Tile iurther iinal payment* for tho season, in > addition' to interest on the share capital, will' bo tho division ,of "profits," which in a co-operative company! is the, whole of the difference'between the'several' amounts, previously.- advanced and tlio n<H sum-which is realised for. the company's output, distributed , among, tlio mil li-supp lying •shareholders only, on a butter-fat' basis. .The actual amount cannot be ascertained .uiitil after tie annual balance, now pending. It is, however," understood that.it will:bo of a very substantial character. Tho total dis-~ bursements of .thVcomparijy including "profits" yet to be.- divided, wages, -.expenses, cartage contract paymoiit-s, railages, ..and all outgoings are estimated at about £225,000 for the year.