Oakura Co-operative Society.

Taranaki Daily News, Volume XLVII, Issue 7967, 2 November 1905, Page 2

Oakura Co-operative Society.

The seventh annual meeting of the ' Oakura Co-operative Dairy Factory Company, I Ail., will lie held at the Oakura Hall on Monday evening next. The directors rinr.uk in their report :—"The quantity of milk received shows a decrease from the previous year, due largely to the. weather conditions which prevailed throughout the season. The total amount of mill; received was 5,0211,-3-lfjlli, containing l!i3,:jii!llli „i butter fat, li'iiin which were manufacture.! 215,i7"i11) of butler (ihi tons 3cwt 3qr 15Hi),' the overrun I'leing 11.Hi per cent. The average (est was'3.Bs ami, the quantity i,f mill; requited to make aHi of bulti'.r was 23..1 The sum of .17(12(1 12s Bil lias been distributed I amongst shareholders ; leing at an average prjee of 8.71 pence per lb of hiitter fat. In aiklilion to the amount paid there lias been deducted one-eighth () [ a penny (amounting to fcllHI) per lb of butter fat, to provide for replacing and upkeep of the machinery, and in mincing the company's liability t„ tin- bank. After willing oil the sum of £11(1 ltis lid for depreciation there remaii.s the sum of £5 18s ad to carry forward 'I he prospects for the coming season are exceptionally bright, and it. behoves the shareholders to take every advantage of, the promising condition's by assisting | 0 make the output a s large as possible."