INTER-WANGANUI CO-OPERATIVE DAIRY FACTORY COY., LTD.

Hokitika Guardian, 13 September 1921, Page 3

INTER-WANGANUI CO-OP-ERATIVE DAIRY FACTORY COY., LTD.

The thirteenth annual report states We have the honor to submit for your consideration and approval our Thirteenth Annual Report and Balance Sheet. Despite the abnormally had weather (luring early Spring, and the consequent effect in reducing the butler fat yields, still it is with pleasure we report a very large increase ill the season’s output. 11l fact, it lias been a red letter year in the history of vour factory, as we established a record both in output and in price received lor the cheese and there are indications that for tile coming season the iiilpiU will exceed even that of lasi year. The total amount of milk received was 3,09.7>.(i901bs "ith ail average lest of 3.82 yielding .ili'J. 13811,s of eluvse. The amount of cheese made per |h of butter tat was 2.(53. and it took 9:]lbs of milk to make lib iif cheese. The whole of llie output was sold at the verv satisfactory figure of 1 2i;d per |b. to Me—is M right Stcphcn-on and Co.. Ltd., of Blenheim. The whey I, utter plant still goes on proving a success. 'I lie ycilrs winking shows a surplus ot £1!!8 1 Is. \ dividend of ti per edit i. recommended on all fully paid-up shares, and the haluiee to tie carried furvai'l to next year's credit. The total amount paid mil lo supplier- for the season's butter pit wa- 2(5 per lb. The refiling Directors this v'dr under the Articles of ,\‘■-ociat.ion are Messrs Win. Berry and J. Graham. The retiring Auditor i- Mr R. Wild. \ll these gentlemen are eligible for re-election.