Te Aroha District Co.-Op. Dairy Company, Ltd.

Te Aroha News, Volume XXII, Issue 42992, 7 August 1906, Page 3

Te Aroha District Co.-Op. Dairy Company, Ltd.

lie third annual meeting of shareholders &e Te Aroha District Co-operative Dairy ipany, Ltd., was held in the Town Hall, Aroha, on Monday. There were between and shareholders present, and the Chair1, Mr T. Gavin, presided, be Chairman, in moving the adoption of (report and balance-sheet, congratulated (shareholders on the sound financial posi* pf the Company, while at the same time as regrettable that there had been a hg off in the quantity of milk supplied, Imparod with last year. The Cambridge Thames Valley Companies were able to an increase, aud therefore the cost of being the butter was proportionately a less. It rested with the suppliers to do hey could to increase the supply. The Ixirs had, in accordance with a resolution p at the last annual meeting, ensured to obtain the co-operation of adit factories, but so far -without result, piata was lost by only three votes, and p possibly be secured by and by. The lors had worked together without fricland personally he should like to see the Ig directors re-elected. Should any *nen aspire to the office they must be red to take up the responsibility that bated on the Board. He was pleased to ■ large a muster of shareholders present, ling so 'many ladies. He moved the lon of the report and balance-sheet.

T. Stanley, senr., seconded, and asked (uestions with reference to sums written ad with regard to the balance carried |d from last year. These matters were Led satisfactorily, and the motion w; s [ unanimously. [balance-sheet showed that the turnover p year had been £12,619 9s 7d, the profits being £2907 11s 2d and nett |£l46 8s 7d, .£4O 18s 6d of this having laced to the reserve fund, £729 12s 8d |i salaries and wages. Land buildings lachinery and plant less depreciation lalued at J 61698 17s lOd and £3299 Os Ipectively. For thepurchase of buttering the season £9579 18s 5d had been md interest a( the rate of five per cent. Ires had absorbed £lO5 10s Id. The I of suppliers during the past season len 84, 6,862,6261bs of milk having leeived, yielding an average per cent, erfat of 3*71, or 254,7171bs of butter- |> which 284,0701bs of butter had been I One pound of butterfat had yielded ft of butter, the average price received llafer being 10'55d per lb at a cost Inufacturing of l’32d per lb. The I price per lb of fat paid to suppliers Ed. luiuual report was read as follows: — fc-enting the third annual report and 1.-heet for the year ending 3lst May, ■ie directors trust that the shareBwill be pleaded with the result of the ■iperations. The total quantity of ■.tanufactured was 284,0701b5, a de■re regret to see of 14,1151bs on the ■ year This should not be ; and the ■ of opinion that the time has ■ suppliers should make ■ -ve their dairy herds pro- ■ _ >-->n a view to culling out all H >.'limai-, replacing them by ■ e.- and so raise the butter-fat yield Ito sometliing like the standard that Him Denmark, viz., 2001bs per cow per I t'hxi fitdingly favourable reports have Hived from our Home agents as to the H>f our butter. It has always opened Hits keeeping qualities are excellent, Hry shipment has realised the top ■rice. Our indebtedness to the Bank HSouth Wales (after deducting the H^2,110 Is 9d to credit of capital ac How stands at £3,417 12s 4d, a reduc6s 2d on last year. The sum of Hd has been written off for deprecia- ■ < leaving a surplus of £ 146 8s 7d : ■ amount the directors have decided ■percent, interest on share money paid ■ay, 1906, this will absorb £lO5 10? ■ng a balance of £4O 18s 6d to be ■d to the Reserve Fund. Messrs P. W. Mace and M, O’Donoghue directors who retire by rotation, and H” 6 f° r re-election, and offer them■cordingly. Mr Chas. Wallnutt is H r reappointment as auditor.” ■hairman, explaining the policy of H regard to disposal of butter,. BK •‘ a ef year an offer had been made sell straight out at a fixed price of f.o.b. The Board had, however, advice of Mr Kmsella.and others, ■their product in the same channel, it to their London Agent The result was that the ,r >ee obtained was slightly more °® erec h This year °ut they did not see any jfason their previous practice. MJ32cf& however ■be Company’s output has c ||nsistop price on arrival in Ilfndon and for the whole OEpvery of Mr Bellamy, secomled by ■ n lay, the three retiring directors, ■- Hogan, a. W. Mace fpd M. ■> ue > were re-elected. The auditor, was also re-appointed, ]t to the meeting that the prepared to start operjrtions at and factory on Thursday ,- On a show of hands being how many suppliers would was decided to start atltbe main and Waihou on 'Bhureday, opening at Te Arfba West ft was also announedtt that in the factory would bj ready to as moved that it be a ftcoinmendirectors to take steps for the yH testing of dairy herdsfsupplying ■Hny’s factory. An interesting disThe motion wps finally

of thanks to the manager, Mr nd his assistants was tarried by 1, I omas suggested ttfat there 1 a hotter system of Suspect ion and of instruction tcj suppliers, areholders considered that the : inspection as carried out at >3 not beneficial either to the liers or to the coma inity. ’tanley strongly ur ;ei greater to cleanliness in t' e milking likely to be of niuc i mon serhe inspection of thi cattle by a specfors. airman thought tl it the ap* - of i «tructors, as d stiuctfrom would be a great a< vantr ge to but- that proper a tention to * in the details of |ie milking nit m a purer and bolter supply, should be ainn d at h the good the product was tc| be main-* of thanks to the Chairman ter* 5 proceedings. ;; forests of oiir

an’s devastating hand icve vanished, leaving there >ry lying, gaunt and bare, i clothing, now she’s old, r from her death of cold, lew Woods arise with healing Bhen—Woods’ Great Peppermin