SHANNO CO-OPERATIVE DAIRY CO.

Otaki Mail, 16 August 1922, Page 3

SHANNO CO-OPERATIVE DAIRY CO.

■■: :.i \L MliliTlNli OF silAIiEUuLDEttS. j i>Lu.>;;.D MAKE AJSD Bit. PAY-OU'l. j v., ; !ouneeiiW] Hiinual general. 1 :.•.• v , Hie shannon Dairy CoiuI ,:.'...- uel-i Ui the Druids' Hall, j »; .. : i, ■ u Saturday, when thero •a- , ~,'rgo attendance of sharehold- j I •■:- >ir a. W I'aylor presided. | I ! director* in their report stated j 1 V ■ though Hi" price per pound | - ! - • .u-.trfat to suppli ;rs U considerably I -'• ■an paid >a-t year, rtie j :-.. .eless, has been very stn;o--; ■i. ;* h- shown' in the iollowvna j I '.: Jiie quantity oi butter proia,:-! s « the year was 570 tons 16cwt, 1 -V:- -71 b, being an increase of ll» | '.:.- ,rv! iqrs 31b on the previous i •-■-- - manufacture, and easily con-1 '•-•uii-i a record. The average grade ■ ' •.• - Aa - 93.49. Provision has bean I .:■ in tilt balance-sheet for a fur--1 •-■ payment or rid per pound on q ;•• - •:..soi:. making a total payment I • season lor suppliers' butteri t; in per pound butterfat. [he isi-.-iji,! -o credit to profit and iO -- a ''" . ..:. 84116 15 • Out ol 'his amount t ,o«d to pa\ the 6 per cent I ,:t,O on paid-up Capital and carry I ' : !,aiance forward. | ~-.y- hairman said the result ot the f '-ar'? -.vorking must be very gratifyI ■•: Ml concerned. In the early \ -■'■.<■■■ ui thP pas: season, things did I • >k too good, but he thought the ■•■- •■•■- -avments made by the coin- . ;i.- favourably with other 1 •.-■■.. ,nd the final payment was I 16,,, b butterfat; he doubted it any f -'•'.■ ompantes T'ould beat ""■■