Oakura Dairy Factory.

Taranaki Daily News, Volume XLVII, Issue 7977, 14 November 1905, Page 2

Oakura Dairy Factory.

(From i\ ('oiTespo'mlciit.) r l ho sovvnUi annual i-ciKirt ami ha 1lit-'*-* shi'ot of tlit? (Vakiira ('o-oporative Ditiiy Factory Co., l.iiwUtl.. was laid bo'oiv- thr annual niri'ting' of iliurchohli-rs at. the Oakura Public Jlal! last uvrU. .Mr (!. A. Adlam took tho (.'hair ami read his report of

lie pnxt st'QKoit*K work. Ile said I Ivut there was a fall of about tons in I lie out i-ut owing -mainly lo'llie unusual Weather comfftimis prevailing hrou-hoiil Hie season. They had sold straight out, which caused a urge decrease iij shipping charges. They were now only 'indebted to Hie l-nnk to -|ls« amount' of u»*>wt jUSOIi which they 'hoped to wipe (,1V during tile coming season. Their's was as ;imnd a concern as there was in the ■olony. I.ast year's output was sold or li|d per lb., but they had much brighter prospects lor the coming season. anil had sold I'c.r IHJiI per It>. The cost of butter boxes 'had risen inun I I I'd to Js Md per box and i hey hivd joined the Kgmoul Co-oper-alivc Putt.'r I Sox Company, of Kitham. to beuelil shareholders. T'liey also hail changed their banking nc;ounl to the Hank of; New Zealand as I hex- Hu t |eel ter 1 onus." Jlc rerom"ciKlnl suppliers to assist in making the output as large as poss-ihle, ami to test tln-ir herds periodically, so as to weed out ail bad cows. The total amount ol milk received durtig I'll " season was ."i,112H,:t1.-||b conitaining I!).'{,,'io9lb of butter fal from which were ninnufacluri ;l' Vr>ll. Of butter (001 oils ilcwt. :'i|rs. ITilb) : the over-run being ll.lii per cent which means 'a gain of'about £IOO to shareholders above last vear's ov-(T-nm of !).flit per eenl. The average test whs 't.H,") and the rpiantityol milk to make alb < f hut l-er was Tin- sum ef £7IVJO 12s 8d was 'dist ri'b'Hted amongst shareholders, being ail average )>rit-t> of K.Thl per "> ol' butler fat. In addition to the imoimi paid there-had been deducted Jd (amount ilig to £11111) p, T lb of bill ler I'al 'to provide for replacing and lip-keep of the machinery and in ■educing the Company's liability at the'bank.

A discussion took place by the, diarehoidcrs (luring the evening re heavy expenditure during the season, bill alter explanations by the chairman and secretary sal is/act -inn prevailed and all seemed pleased with last season's results. The election o[ directors -then took place for two vacancies. Mr (i. Adam. Mr 1 ; \ Julian and Mr.J. l'ug:ran were nominated. The result of j I the volintf was Adlam 7.V V. , Julian .V> and J. Adlam an-d Julian -were di-clared 'ded. and ;il (he ol' directors ai'lerwards Mx Adlam was reelected clutiniian.