FARM AND DAIRY.

Taranaki Daily News, Volume LI, Issue 193, 5 August 1908, Page 4

FARM AND DAIRY.

A correspondent writes:—"There w.',;s a good attendance of shareholders of the Hurleyville Dairy Company at the. fifteenth annual meeting held in tin Hurleyville Public Hall. The report and balance-sheet*, which were adopted as read, showed that though the season was considered a bad one and the sup-pl\'-of milk smaller than last year, suppliers had received 11'/.d for their butter-fat, and after paying a dividend of 0 per cent, on paid-up capital and allowing for depreciation, there would be a surplus available to pay another Id per lb. The auditor in his report stated: '1 have to report the satisfactory completion of another year's audit of your accounts, and to report evidence of another successful year. All possible visible, liabilities have been provided for, and a. handsome balance remains in profit and loss account for distribution, and as you only brought forward something under £ll, and there is no possibility of stock not realising the estimate, as all was realised, I see no reason why you should not similarly distribute the availabl • balance this year.' This will bring the total payments paid to suppliers fo Is o'/.d per "lb. Mr. D. Hurley was reelected chairman.—Star.