STRATFORD FARMERS’ CO.OP.

Stratford Evening Post, Volume XXVII, Issue 62, 13 July 1915, Page 4

STRATFORD FARMERS’ CO.OP.

ANNUAL REPORT. The following annual report will bo presented at the General Meeting of Shareholders to be held in His Majesty’s Picture Theatre, Broadway North; Stratford, on Monday, 26th July, 1915, at 11 a.m. The following will be found interesting;—Season 1913-14,- no. of suppliers 240, milk received 34,331,167, lbs in cream 898, average test 3.81, producing 1,319,172 lbs fat, lbs butter 1,531,139, overrun 16.0, cost of manufacture 1.1 Id. Season 1914.15, No. suppliers 240, milk received 33,662,963, lbs cream 9089. average test 3.91, producing 1,331,396 lbs fat, lbs butter 1,556,748. overrun 16.9, cost of manufacture 1.09 d. The Working Account shows a balance of £15,074 2s sd. Ibis will bring the average paid for butter-fat for the year to 14.21 d per lb. Very satisfactory reports have been received from the London Agents regading the quality of the butter. Taking into consideration the far reaching effects of the present war in w hich our Empire is engaged, we have been very fortunate in getting all our butter shipped by the end ol the sea-

Notwithstancling the extra charge for war risks and other export charges being higher than formerly, the net price f.o.h. for the season is the highest that has ever been received by the,

Company. The retiring Directors are Messrs W. H. Were, Jno. Milne, and Hy. Bowling, who are eligible for re-elec-tion.

Mr T. Hi. Penn again oilers his ser-

vices as auditor.. The Working Account showed payment to suppliers £63,967 13s 6d; wages. £2035 2s 6d: manufacture, £4443 4s 2d; depreciation, £607 11s 3d; written off water bore £100; selling and management, £1899 7s 6d; sundry charges were made up of honarium £SO, independent tester £75 16s Id, vote Empire Defence Fund £3OO, balance £15,074 2s sd; total £88,552 17s Bd. The butter sales realised £88,377 8s sd.