FACTORY FINANCE AND PAYMENTS.

Dominion, Volume 3, Issue 875, 22 July 1910, Page 8

FACTORY FINANCE AND PAYMENTS.

' SOME TARANAKI FIGUBES. On Tuesday tlics Mangorei Co-operativo Uairv Company paid uut to suppliers JC2OU 7s. representing a bouua of a penny per lb." on (i'2G,72Slb. butter-fafc supplied between September 1, 1909,- and April 30, 1910. Besides this, the company made an advance of IOJd. for last month's millc, and pays a dividend oi' 5 per cent. (,£230 Bs.) on share capital. Provision was made for depreciation. Last year the bonus payment made by the company amounted to <£536 12s. 2d., being Jd. per lb. On butter-fat received during the same period, and the 5 per cent, dividend amounted to -£260 15s. Mangorei is one of the few companies which is bound by its articles of association to pay a dividend each year on share capital before a bonus is declared. —"Taranaki Herald." Tho Oakura Co-operative Dairy Company's bonus payments to suppliers, made last month, amounted to <£389 12s. 4d., being Jd. per lb. on 187,0161b. butter : fat supplied between September 1, 1909, and April 30, 1910, as against £177 2s„ or Is. id. nor lb. on butter-fat received during the same period last year. Although the company obtained a better prico for its output last season, the expenditure on buildings and plant was particularly heavy.—"Taranaki Herald." Hi, Tuesday <h<> Moa Dairy Company paid out £599 lis. Sid. for butter-fat. The amount for July .of last year was £412 14s. Id. (says a New Plymouth exchange). A Hawera dairy farmer obtained a return of £18P0 from his 200-acre farm last ■vear (says a Taranaki . exchange). His cows are not exceptional 'milkers, but he manages all his stock well. The gate takings at the Hawera Winter Show amounted to .£614. In the prospectus issued, upon which shares -were first taken up (says the "Hawera Star ), the estimated receipts from this source were £350, so that the original expectations in this respect -were greatly receded. At its last show, Waikato a "gate" was £570.