AWAHURI DAIRY COMPANY.

Dominion, Volume 3, Issue 676, 29 November 1909, Page 10

AWAHURI DAIRY COMPANY.

THE ANNUAL REPORT. '* >. ! The following is . the' directors' report for., the past 'yenr,:—"As the dato for. another an--nual : meeting comes round we ha.vo the pleasure to lay before you a. b&la-hce-shefet and. a state- a jiient. showing, the. result ot'.tho .',year's work,! whicn w«- think ".will bo. gratifyingto cvory shareholder/' - This rrault, 1 . of course, ;is mamly duo ';to" a•' fine: dairying l seaso'ij '.and •: the good .jSmces obfeined for our excellent butter. Milk 'Worn 'several new, : suppliers. ha| a}sQ .helped by Enabling-,-the-factory/.to b'o runvmoronearlj;. up, "to'itsrtepaoity; -'Besides the information: given in - the-statement of- accounts,v.the' following itbm'sEwill :be 'of' general interest:—Pounds- of: ' milk --'received, 6,777,425; - average '-.test,' 3.934 pounds 'of butter-fat produced, - 266,663;. pounds of butter made, 306,546; average' price paid .forbutter-fat,-10.82d.; cost\of manufacture pet' pound of butter : made, ,841<lTho improvements to tho' property completed during the yedr,- ' and 1 the: further improvements in pro-, press ,:as; the year' closed, coupled with the ad•ditions- 'made' to tho ' plant, " .'leave ~ the com.piny'.in'ppfficssion of .a.'butter.' factory much iu"p'eHbr.-'Hd' -; .what . .has'.ihitherto existed, ; and which 'with occasional-renewals of • machinery should' meet all' 'requirements for soveral years ■to.come. • A, sum of X149~105.' 4d: has ."been ..-iyjitton"'off!Machinery: for .depreciation, leav-'. ing JSl6t '3s. 7d. to.':be ■ otherwise ' disposed of. It.is - recommended ..that the-usual dividend :..qf 6- per. cent, per annum, b'e paid to shareholders on .all. paid-up capital, .after' which' -there will' remain a euni of-**.£76 18s. 3d.-, .which may:'bo' 'placed;.toj the reserve account to meet., future contingencies,' or'"be dealt' with in. such other manner as' the meeting may . deoide. • Prices ••paid to suppliers per ; month were as f olioii';—J'' J% K- ii ]j jj/•>"' ■,'','. .i Vi ISO 3-9. .' . d. ,- s. d. ■ ■ ■.:: July 9i , 1 0 August ............... . 91 ,1-0 ; : September :-10t , 011 y - October ■ 0 114- ■ ..- November. ......... 10V 0 10^ : December, ......... 10i ■: 0 11 < >:r ; .i:'W.'' o 11 V- ; '.. ; ■ 'February'.. '...lU l("i : ■: March ' V... - ■ ■■ : 0 ' April 1H j 0 101 May 1U : . 0.11 ' Juno . - . Hi 011