FARM AND DAIRY.

Taranaki Daily News, Volume XLVII, Issue 81837, 1 September 1906, Page 4

FARM AND DAIRY.

WAITAIiA FA<_To!!V. The annual met'lni!; of share!.nhhrs in the above company tske. pl.-.ce in Wednesday next The directors' rv;. r shows that 2,5ti5,()1',l lbs of nidk u.iv received, producing J1 S,m;JS lbs of bitter fat, from which I:U7'.S7 lbs of CJiumereial bitter wire made. The stm of Bjd was piid for butter fit during the sea>on. and after p lyii.ent of the surplus of £11)3 8s lull, wiil equal a shade over 9jd, a recorj for the cooipany. The supply of milk was lower Uian the previous year. List season's output was sold for 10 3-16J, and the eoming year's product has been disposed of for 10 |d to the same purchaser, who has been exceedingly pleased at the high standard of quality. During the year a nttv eettnee h-is been erected, n Cooper's weighing machine installed, and a large amount of repairs and improvements effected at the creamery. The nett realised for butter wn> 1'577-l Os od. an averjge of ldjd per lb. Advances on milltotalled t1,1:>2 Hs Bd. The assets of the company, after writing off £'lC7 •Is od from property account, stands al £3,3(HS 9s 2d, of which £3Bl Os 3d is made up of stock, accounts receivable etc , the balance of accounted for in property, buildings, and machinery, etc. The liabilities stand at £2,872 10s 'ld, of which £953 5s lid represents share capital, £1,815 2s is due to the bank, and £lO3 12s 5d to suppliers and others, to which is added £193 18s lOd bonus to be paid to suppliers. Lasi yecr £451 15s odwas distributed as a bonus, thus showing an improvement of £l2 3s b'd for the season just ended. The increase means an additional '77 pence on butter fat supplied. Each pound of butter fat made 1-0!) lb butler. Messrs Purdie and A. liowc are the retiring directors.

BITTER AND CHEESE THICKS. According to Mr S. Turner, the well known butter agent, there will he quite a butter famine iu the Old Conn rv. this year, due to a rre:il i.. the Argentine s :■■■] ly, and o the faej that Home people are not eating anything in ilie tinned goo.ls line since 11.met scandal. Some jeirs a.;o v \'r Turner told a repreiemntiv.' ol this paper), Danish Ltitilt r brc>ii< lit up U, 1-lns cwt, and it w.- s (!.i <i;;iiii<>ii of the iii'in he reprcsenl-d that ]!..ni-h would tins yi'ir realise His. On this bysis New Zealand shoull command l:]i)s to 1355, which would allow of 11J i per lb to be paid Suppliers of factories tor butter fat. That there would k a scarcity was known t> the English produce houses whose rcpresentat vee were in the colony, attending to biy si* weeks curlier than usual, and thereby bought, outputs at i rices, though seemingly big, which would prove highly remiliieraiivito the firms concerned. During i incoming season it was estimated that 8.000 to tt.'tOO tons more butter would be produced in New Zealand th.in hist year This amount had been sold, some buyers takit.g two to three limes more than heretofore. Mr Turin r thinks cheese also will fetch au unusually good price this sea.-on. For September supplies, English companies were giving Canadian factories up to OSs cwt. His own impression was that N.Z cheese would command the unprecedented price of li'd per lb , which, by the way, would return suppliers cbout Is sd.