FARM AND DAIRY.

Taranaki Daily News, Volume L, Issue 61, 1 November 1907, Page 2

FARM AND DAIRY.

Hie directors' report to the shareholders in the Cape Egmuut (Pungarehu) Dairy Company is a s follows :-The ""louut of mill; received was 5,915,010 Ihs, or 085,1731bs in excess of the ,revious year. Shareholders received an average of !).<J7d per lb, being over a ,' 1 . rtu ">g more than the previous season, ihc following quantities and averts will show the results of lie year; Milk received, 5,015,010 lb; average test, 3.80; butter-fat received, 228,2821b; butter made, 245,1381b--over-run, 7.35; milk to make lib butter, lor fob *]»?¥? ) "' iCe rCCCived for . me .Old; average cost of placing UUuuiig and placing t.0.b., 1.34 per lbaverage price netted, !).2Ud per lb; average pr,e, ~<>,• lb or bllttel .. rat j([ shareholders, O.<J/d per lb. After paynig advances on milk received, there r«. mamed a gross balance to credit of £723 4s lid, which, after deducting £92 7b Id for depreciation, £535 0s Bd, al. ready paid to shareholders as final advance, and 5 per cent interest on paid shares, £73 Is Od, there remains a credit balance of £23 6s 2d to be carried forward. During the past season 114 now •-u.-wes were allotted. The company has <<»«■ securedl interest in the Taranaki roducers' Freezing Works Company, Ltd., i\ew Plymouth, and the ISgrnont Box Company, Ltd., Eltham, the memorandum of association having been altered to enable, the company to do so Some months ago the directors obtained the unanimous consent of the shareholders to erect a cheese factory. An up. o-date factory has been built, and the an,_facture ol cheese commenced on the 2,th September last, under the capable management of Mr W. T. Guild.

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