FARM AND DAIRY.

Taranaki Daily News, Volume LVII, Issue 51, 21 July 1914, Page 8

FARM AND DAIRY.

J'AIIOTU milU' COMPANY. SEVKNTH ANNUAL KEPOKT. flu- following report will be submitted to Hi., iiiu.ua: meeting of shareholders ot the llahotu Dairy Company, which IS to be held at llahotu on Friday afternoon: The (lirector.il considered it in the inttrest ox ta? company to ilia books on May 31st and hold the annual meeting about a- month earlier than hereto• fc.re, ami the 'accounts conscqucntlv only cover a period of eleven months, V" V"* I,uok:i Wie amount v> tic'dit oi the "profit and account wa« £1943 lC ;i 3d, out ot which £2!!3 His 7J, bad been writbllunec <:/ £1,040 IDs <Sd, which the directors proposed -should he applied to paying interest at 5 pe,- cent per milium on fully paid shares, £102; and a further payment of V/,,1 pur lb 0 n but-ter-fat supplied during th<; period, which absorb £1407 ?.s 4d. ami te:ive £BO 17s 4d to lie carried to next year's accounts, or otherwise dealt with. 4 special committee of the d'r. ;nrs conning of Messrs Green, n | ami VVidcox was appointed to into Hie question of tii'e desirability of es tablishing a co-operative store in con nection with the company, and reported that after «oing carefully into the mat ter they could not under existing eir ciiiii.stance.i recommend the sbaTohold--01 s to enter upon. this undertaking, from various quarters' the directors j uad '!uid to thorn- schemes foi I co-operative distribution, and from these they were of opinion that it illicit be possible to evolve a <;atisfactory arrangement. A question of "vest importance to the eompanv was tip scarcity ami.'high price -of fuel, and the matter oi installation of water power at the iiictorv would require serious eoii:ideratii»n in the near future. The directors l.itd decided to adopt the pasteurising of the whole milk for cheese and butter-making, and had placed an order for a plant to be in-tailed before the opening of next season. Tt would ho iH'i-e?sn.i'y to elect two directors m pliice. of Messrs Cibson and Willcox who retired by rotation, and were eligible and olTcrod thems'eives for re-elec-tion. It hud 'been decided that nominations for election for office of direetot imtst be left with Ife chairman at leas', t'» - ec dear days before the dav of the meeting. It would he necessary to elect' ail auditor, ami fix Jiis remuneration Mi. McKellur again oilered his services, The following statistics for the eleven months ended May 31st, 1!)14. are interesting.—Milk received, 7,551) 01 °llh • cream received, 20531b5; buiter-fat (cheese i.'ili.TOolbs, tatter 25,2911b5), 281,0X1)11*; ave.ra.jre test, 3.72; cheese nnde —factory weights (less 2'/. per cent.). ti:it)t)s7lhs; butter made'from M.irter. _w:hcy.. iand cream, IS,-24Kb!-'<; weight of cheese per lh butter-fat- factory weight (less 2'/, per cent,), 2.57; average price received per lb cheese-' factory weight (less 2'/ s .per cent.), li.2d; butter-ma king—butter made, 32,3S(ilbs: over-run. IS.O per cent.; average price received per ib butter, ll.!)3d; average price advanced per lb butter-fat. 12.2(id: average .grade—butter, creamery Ml.ll. whey, Ffi.Sl; average grade rfu'es? NS., !.