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Kaipara and Waitemata Echo, 16 July 1913, Page 2

The annual report of the Kaipara Co-op. Dairy Company to be presented to the annual meeting of shareholders to-day at the Foresters' Hall, shows a profit for the year of £4069 16s lOd. After allowing for depreciation a sum of £3871 is left. The directors reoorumend the payment of lfd per lh of butterfat snpplied for the period September 1912 to Mar oh 31st 1913, which would absorb £3633 i9s, also the payment of five per cent interest on paid-up capital, and that the bal~ ance of £167 be carried forward. The butter made totalled 278 tons, being an increase of 148 tons on the previous year. The bonus of i^d brings the amount paid for butterfat to is o^-d per lb.