DAIRY COMPANIES.
15IVERDALE. The eighteenth annual meeting of sharelfoldcrs of the Riverdale Co-oper-ative Dairy Company, Limited, was held at hiaha on Monday afternoon. Ilie directors, in their annual report, stated: ''After writing ofl' an all-round depreciation of 5 per cent, on property, buildings, plant and machinery, the pro • ftt 111(1 loss account shows a credit balance of £5208 15s. From this your di- ' rotors recommend the payment of 0 per cent, interest on all fully paid upshares, absorbing the sum of £2OO 10s lOd; also of further payments to sup- - P hcrs amounting to £4!), So 10s 8(1, and to carry forward the balance of £54 4s Od to the credit of next season's account. lhe general store has again had a succesful year Suppliers and their sharennlkers .have been allowed a rebate of 10 per cent, on their purchases. The sum of £11) 4s Dd has been placed to the credit of the store building account, and the balance of £S 8s lOd placed to the credit of next year's account. The statistics for the past two seasons were: For 1011 Lbs of milk, 17,804,323; total (lbs of butter-fat, 078,208; lbs of cheese ?S ll n I ' 21 ( 1, ' 21i; lbs of -butter made, 245,- > '. bs °f cheese per lb butter-fat 2.031: lbs mi Ik per lib cheese, 9.07; lbs of milk pur lilt butter, 23.58; over-run, 12.0average payment for season 11.95 d; • average test for season, 3.80; for 1012 the returns were—Lbs of milk, 10.530, ~ 300; total lbs of butter-fat, 747 005'. n, s of cheese made, 1,700,757; lbs of butter made, 85,140; lb 6 of cheese per lb of butter fat, 2.057; lbs milk per lib of cheese, 080; lbs of milk per lib of butter, 21.32; over-run, 10.0; average test or season, 3.824; average payments for the season, including further' payment® were: August, 14d; .September ' Ist to Mav 01. 14 2-3 d; June and July. is.
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Taranaki Daily News, Volume LV, Issue 95, 7 September 1912, Page 8
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320DAIRY COMPANIES. Taranaki Daily News, Volume LV, Issue 95, 7 September 1912, Page 8
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