TARIKI DAIRY COMPANY

Taranaki Daily News, Volume LVII, Issue 68, 10 August 1914, Page 3

TARIKI DAIRY COMPANY

i ANNUAL MEETING. At the annual meeting of the Tariki Go-operative Dairy Co., Ltd., on Friday night Mr. J. Knowles presided over a good attendance of shareholders. liEPOKT. , The report. stated that cheese was made from September 1, 101.1, to May 30th, 1014, amounting to 150 tons 18cwt. 3 (jrs. Olbs. Butter \v#s made during the remainder of the year amounting to 4 tons 10 cwt. 0 <jrs. 3 lb. Advances had been made for the cheese-making period at C'/ijd per lb. on the combined but-ter-fat and casein tests, and out of the surplus of £1774 Is Id, the directors proposed to pay another 2d per lb. over that period, leaving £37 0s lid to be carried forward. Suppliers would then have received what was equivalent to 13.Sd per lb of butter-iat for the whole twelve months.

(Particulars of cheese making from September 1, 1013, to May 30th, 1011, as follows; Lb. of milk, 3,250.010; lb. of butterfat, 12(5,075; lb. of Casein, 81,406; 11). of butter-fat and casein, 208,441 j average test, butter-fat, 3.H; average test casein, i!.o; average test butter-fat and casein, 0.4; lb. of cheese made, 338,100; lb. of milk to one lb. of cheese, 9.81; lb. of cheese to one lb of butter, 2.00 ;lb of milk to one lb of - casein, 4.15 ;Ib. of cheese to one lb of butter-fat and easein, 1.02; payments including bonus: per lb, of butter-fat, 13.053; per lb. of but-ter-fat and casein, 8.5. Particulars of butter-making for July and August, 1013, and June, 1014: Lb. of milk, 108,170; lb. of butter-fat, • 79(11; average test, 4.02; lb. of butter made, 10.083; lb. of milk to one lb. of butter, 10.7; lb. of butter to 1 lb. of fat, 1.30; payments per lb. of butterfat, tl.4Sd

In moving the adoption of the report and balance-sheet, the Chairman said that considering the poor cheese market last season the position was very satisfactory. At the beginning of the season a good market had been expected, but industrial troubles and ol'.ier matters had intervened to its do!: luient. The cost of manufacture had slightly increased, but so 'had the output. He urged the necessity of increased supplies, without which tHic company could not liopo to do as well as others. It was disheartening, but- appeared to be unavoidable. The cost of manufacture was reasonable considering the material handled. The wlicy cream had practically saved the company. , The report and balance-sheet' were adopted without discussion. ELECTJOX OF DIRECTOBS. For the two vacancies on the, directorate there were nominated Messrs J. .Mucker, J. Knowles, and D. Swanson. Messrs Swanson (44) and Knowles (52) were duly elected. Mr L. M. 'Monteatli was appointed auditor at a remuneration of £4 4s. At a subsequent meeting of directors Mr Knowles was reappointed chairman. PORTIONING OCT THE WHEY. dn reply to a question, the Chairman said that the only way to improve the system of apportioning out the whey would be to measure it out, and if eom" plaints continued this would be resorted to despite the expense. Mr iiucker agreed, saying that the manager should keep a sharp watch on the whey and see that no one got more than his share. Mr Bowling said the manager was busy and did his best. Mr liucker moved that the manager be instructed to deal with those who took more than their share, and report tliom to the directors. Mr Stevenson moved as an amendment that the company should guarantee that each supplier would got (ho proper quantity of w'hey. The secretary pointed out. that the by-laws provided for a line against anvono taking more than his share of wheV. 'Eventually it was decide,l that the by-law lie strictly enforced.