DAIRY COMPANIES.

Taranaki Daily News, Volume LV, Issue 118, 4 October 1912, Page 7

DAIRY COMPANIES.

ANNUAL REPORTS. •. , MA\'(jOREI. The report to be submitted at the annual meeting of the Mangorei Dairy Cpmpany, to be held in the Egmont Village Hall on Monday next, states ttyit owing to the unseasonable weather conditions experienced during the spring months the supply of milk showed a still further decrease. T.he comparison with the two previous years is shown -hereunder.: —Milk .received, 1912, 15,01!),514 lbs;,'l9ll, 10,373,73511)*; 11)1(1.. 18,210.092* His: -butter-fat received, 1912, 599,5101b.5; 1911. Ul9.0711I).s; 1910, H).'!.5911b5; butter made, 1912, 1i91.1271b5; 1911. 721.1491b5: -1910, 810,79.">1b5; over-run, 1912 15.2S per cent., 1911' 10:37 percent:, 1910, 15.26 per -cent.: lbs of milk to eaeli lb butter. ]!M2 22.001b5, Jflll 22.7011)8, 1910 22.4511m5; average test, 1912 3.53, 1911 "3.78, 1910 3.B<J; amount paid to suppliers, 1912 £28.890 Ox 7d, 1911 £27,299 17s 4d, 1910 •£33.031' 'lss lid; rate per 11) butter-fat. 1912 11.507 d'/ 1911. 10.573 d, 1910, 11.2(i7d. In addition to the amount p:yd out as above for butter-fat, the sum of £293 17s liad heeu paid as a -dividend on share capital, £309 3s 9d had been written oil' for depreciation, and the balance of £9 7s 3d had been carried forward. It would be necessary to elect two directors in the place of Messrs .Marsh and Rowlands, who retire in rotation, and were eligible for rp-eleetion, and one in place of Mr. M.uridt, who had resigned, owing to removal from the district; also an auditor in place of Mr. Ogier, who again offered hi* services.

OAKURA. The fourteenth annual mooting of tlift Oaktira Dairy Co.. will be held at Onkura on Monday. October 21. The annual report to l)o siihmittcd states that the quantity of milk received was 4.5)03,714 lbs (an increase of 44,0301bs as compared with last year), and contained 194,25511)9 of butter-fat, from which were manufactured 225.1171i)s o£ butter (100 tons A cwt 3qr. 251b), the over-run being 15.88 per cent. The average teat was 3.88, and the quantity of milk required to make 111) of 'butter was 22.181b. Had it not been for the long continuous spell of bad weather during the spring and summer the company's output would probably have exceeded that of any previous year. The sum of £OOOS 12s lid had been distributed amongst the shareholders, being at an average price of 11.12 d per lb of butter-fat. The sum of £204 (is lid had been written ofT for depreciation, and a balance of £7 15s 3d brought forward. The prospects for next season were very satisfactory. The directors had departed somewhat from the old custom of selling the whole of the Sep-tember-March output, and this year had sold only half the output, the price received being 12y t d per lb, and the other half would be sent Home on open eo»signment. They felt sure the results of this arrangement would prove satisfactory to suppliers. The retiring directors were Messrs A. McHardie and J. J. fiydc, who were eligible for re-election. Mr. 0. T. Mills again offered his services as iiuditor. i The annual statement shows tlwt the

number of suppliers was 51; quantity of | milk received, Oakura factory 2,035,212 lbs, Timaru creamery 1,23,1,5961b5, Pitone creamery 1,706,!)061b5, total 4,993,7141b5; average of butter-fat, 3.88; quantity of butter-fat received, 1f14,2551b5; quantity of butter made, 225,1171b5; quantity of Ibutter made per lb of butter-fat, 1.151b; average price received per lb of butter, 11.5Gd; cost of manufacturing lib of butter (including depreciation and working expenses), 1.99 d; average price per lb of butter-fat paid to suppliers, 11.12 d; over-run, 15.88 per cent.; pounds of milk required to make lib of butter, 22.181b. '