DAIRY ASSOCIATION.

Rangitikei Advocate and Manawatu Argus, Volume XXXII, Issue 8894, 14 August 1907, Page 2

DAIRY ASSOCIATION.

Per Press Association. Auckland, August 13. The directors of the New Zealand itairy Association, in their annual report, congratulate shareholders on the completion of another successful season. The striking feature of tlio season, the report states, has been the largo prices paid for buttor at the beginning of the season by sanguine speculators in the colony and the "comparatively popr sale results of the same butter in England, and the heavy losses miulo by these speculators. Tho auantity of milk received during the season has been 9G/118,i501bs and the total butter made has been 4,029,1391b5. This latter is an increase of 835,0Slibs over tho preceding season. Payments to uulk-supplving shareliolders, including interest and profit, bonus calculated on a butter fat basis, are:—For winter butter fat, including profits (uniform price at all creameries) almost exactly lOjd por lb; lor spring, summer, and autumn on quantity supplied to the smaller creameries Did per lb : for sprinsr, summer, and autumn on quantity supplied to tho larger creameries lOJcl per lb, tho average for the ■sea=on over all creameries was 0 9-10 d per lb. Tho butter tat quality of milk roceived (average of all creameries) has been 3-740 per cent; the overrun has been 11-41 per cant; it has taken 23-9.5/ lb? of milk to each 1 lb of butter, the skim milk tost (average over all crcamnvibz) has been 0-064 per cent.