The Chronicle LEVIN. TUESDAY, AUGUST 22, 1916. PROFITABLE DAIRY FARMING.

Horowhenua Chronicle, 22 August 1916, Page 2

The Chronicle LEVIN. TUESDAY, AUGUST 22, 1916. PROFITABLE DAIRY FARMING.

I j liven in good business times, it i | v.i-li .for people to study the doing j and also the disabilities of foils in ,* ! similar line of business to themselves ! tl is i» recognition of this fact tha | Ihe Chronicle occasionally reprints to ; benefit of its fanner readers some par j ticulars of the doings of farmers' co ! operative companies in localities afa j fitwn Levin. Lately wo have notec I the substantial profits made by one o I two .bacon factories in New Zealand i and ha;vo pondered awhile on the lacl | of local enterprise that keeps this dis | triet, so favorably situated and circumstanced |stanced in rogard to markets and stocl j and climate from venturing into thi ; avenue of helpfulness for the farminj i community and the investors alike I Doubtless the deterrent is a menior; of moneys lost in other Levin venture I from seven +o ten years ago; hut th. J lack of luck or business stability o | continuity of endeavour that market | Levin's speculative business venture in .those days happily h:i,s been sup planted by better metheds and aehiov j m nts both. The opening for now in : dustry to which we ivfcr i« a matte j t'uit should be kept :n mind by sonn of the existing co-r>pcr'i t ive farmers : c r.-p \nieß of this <li«t>' : et whi -h r.ov i are mnki'g profits s'ib<:lnnt : ::l• cuou-jri ; to enable them to launch out in a w:v I tint will build up extra business i.ha ■ uay nrove ve;y u-efu! tlio not iin j po.sible day when the bu tor r.n ' cheej market* will lose the tone cf oy.lremi liMi ynnry that has ch.:r.>otorsed then | tor the Ist two years. Another w.v j in which the dairy companies might ! help their suppliers and {no daily com pan:cs in the one .process would he :c j adopt the practice of the directors o i th.' Tatua Co-operative "Dairy Co., ];<!. :of the Auckland district. This com | pany advances money at a low raf. jof interest to suppliers who des : re t< j increase their herds. The diffcrenct I between s.iccess and failure of such ; ' scb"ine undoubtedly would lie in theniannor of its administration : but ir | the direction of practical farmers win

i had shown by their genera] conduct o I a company's affairs that they followei ' sound methods of administration ther ! should he little or no risk of loss. ! reference to the venture of the Tatiti | Coiapun.v's experiment .was made Ir j the chaii man of director,s at the -ui | nual mooting of the company hold las : Wednesday, and although the profi j direct was shown to lie small (C-l 8s 9d | the extra quantity of milk direct!' secured by the company as the resu! j <>f iU financial backing of shareholder j must hare been appreciable. A fo\ obvious drawbacks to the inaugunitioi of such a system will suggest them selves to practical men. but we doub whether they would be sufficient t K'>ri<iU u ly affect the intrinsic merits o such a system if sound business prin ciplcs were applied in a hard-find-l'.:* manner to the making and the liquid ation of all advances. «t?*^&?us«rM;e-~££9saa*sc*c»ss3Zk