ANNUAL MEETINGS.

Taranaki Daily News, Volume LVII, Issue 58, 29 July 1914, Page 3

ANNUAL MEETINGS.

KAIIOTU. The. annual general meeting of the Hsihotu Co-operative Dairy Co., Ltd., was held on Thursday, Mr. W. C. Green, chairman of directors, presiding. There was a good muster oC shareholders, about forty attending. The report and balance-sheet as published was read and adopted. The committee of directors, Messrs. flrccn, Gibson and Willcox, appointed to investigate and report on the advisability of starting a co-operative store, addressed the meeting, and pointed out their reasons for not recommending the establishment of a store in connection with the factory. No action was taken, consideration being deferred to the next ordinary general meeting. The election of directors was then proceeded with, one nomination other than the retiring directors, Messrs. Gibson and Wil'cox, being received, the new aspirant for directorial honors being Mr. D. R. Wright, of Ngariki road. I Keen interest was taken in the voting, j which resulted in the retiring directors being returned by substantial majorities. ! In reply to a question as to why the total payment per lb. of butterfat was omitted from the report, the chairman stated that it was a printer's error, the total payment being a trifle over thirteen pence halfpenny for the season's 'butter-fat, as shareholders could verify by adding the amount of further payment of l'/id per lb. to the amount advanced as shown by the statistics. The surplus as shown 011 the balance-sheet was dealt with. The secretary, Mr. Hugh Baily, was voted a bonus of £,lO 10a, and the directors each £8 3s. A contribution of £ls was voted to the Railway League towards the expenses of delegates, in connection with the Bill to come before Parliament this session.

MANGOEEI. The annual meeting of shareholders in the Mangorei Co-operative Dairy Co. will be held at Eginont Village, on Thursday, August 6, at 12.30 p.m. The annual report of the directorate congratulated the shareholders upon the highly satisfactory results of the year's work. The quantity of milk received wax l".Sflo.7fi3lbs. containing ' 081,58210*.. of Imttc.r-fat, from which were manufactured 790,3071b5. of commercial butter (352 tons 10cwt Iqr 71bs). The overrun was IS.iIS per cent., tlie average test '3.82, and 22.521b5. of milk were required to make 111), of butter. During the yew £32,137 14s 10d has been paid to suppliers, being equal to 11.31 pence per lb. of butter-fat. After providing £452 Is 4d for depreciation, there remains in hand a balance of £2,120 lis bid, which will allow of a further payment to suppliers, bringing the total' payment for thf_yenr equal to 12,0(1 pence per lb. Xotice has been given by a supplier of his intention to move at the anmial meeting that all milk received should be graded and' payment for milk should be made according to the grade. Two directors are required in place of Messrs. Hall and Morton, who retire in rotation and are eligible for re-election. The balance-sheet shows that butter sales realised £3!1,218 7s 4d, wages and salawos absorbed £1258 8s 4d, and working expenses £WK) 8s Bd.

ELTIIAM' NOTES. The Eithaan Dairy Go's 'balance-sheet is ready for presentation to the directors, who will determine the ' exact bonus to be paid out for the season. I understand that the surplus aim wed or. tlie balance-se.eet will admit of a total payment for the year for over 13d per lb. of butter-fat for cheese-mak-ing, against 12.68 d paid the previous year. The dry season has made th ■ season iu other respects soimewluat disappointing; still, if the bonus is ■jmrnv tlikin last year, the shareholders 'will smile.

Hood dainmien in . this district arc carrying out a carefully thou-ilit out system of extra fodder for the cows aii tlie year round. At pro-"!it, the cows get swedes and htiy; :m mt'.Uie ibeginning of .Sep!ember man;-.ids; in December tin* first lot of kale, alternated In a- second lot, whilst the first grows again. Thm, lute in. the; Autumn, during April -and May, when the. kale is finished, they j?et soft turnips till it is time again to use swedes. When .1 system such «s this is in vogue, the yield from the cows' is wonderfully in creased. This is the underlying a'cciv' of the rise in tlio price of land. The putting in of cheese plants in tlie factories has also helped a good deal, and the skilful utilisation of the whey for calves l and pigs; some funnels have not learned this part- of their business in this district yet. They even do not trouble to take home the'whe . One farmer where this is done, quick! v took extra cans and brought home all tlie whey he could get. f hu ve anysel!' seen his returns for calves and pigs, and they netted him a good deal over fl per acre of his farm, lie spout a lot in pollard, hut his net returns w-en as stated. The old fallacy that unless you have skim mi'.k y<vu could make nothing out of calves and pigs, is exploded.- -1 law'.Ta Star correspondent.