FARM AND DAIRY.

Taranaki Daily News, Volume LVI, Issue 75, 18 August 1914, Page 6

FARM AND DAIRY.

M-iiv. .iO\il COMPANY. ' The annu.-: .meeting of shareholders j\>f I lie .toga ■ ..i Jo-op. Dairy Co., Ltd., is (to be belli i:i She Mangatoki Public \llall on Au...i*i, 20th. The report to be presenter reads as follows:—"Alto'gofcher 25,liliu,'M2i'hs. of milk, yielding Uoo,lß3lbs-. oi butter-fal, were received, 'of which q.ianti-y 103,4421b5. were manufacture: in-.o butter, yielding 1.25,7151b.-*. of i iijiirercial-butter, aind I'liu 'balance of ii..: milk, representing 8515,7411b5. of biiuorfat, was manufactured iw.'O cheese, .yielding "2,229,278ib5. of commercial cheese, and 44,(v21b5. 01 factory butter, or U!>s 'tons -tewt. Iqr. 31bs. of co.iui.eivial cheese, and 7(i tons Ocwt. 3qrs.. 23ibs. of butter. After .writing oil' £1,(155 18s 4d for depreeiaVi'Cn there remain.i a surplus of £3470 Os [3d to be dealt with. Your directors recommend that p. dividend at the irate of 5 per cent, per annum be paid on all paid-up Si'.ar- capital, absorbing £450 % 4d, lcav-r,g £9013. 10s lid to 1)3 'further dealt'with. Your directors -re-'commc-nd that fclrs amount be. paid out 'pro rata to supplying shareholders,.allowing one. -half-penny more por l:b. of butterfa;; on milk supplied for cheese 'manufacture than for milk used for the 'manufacture of butter." Mr. J. Marx will move in pursuance of notice: 'That the basis o ; allotment of stares be altered from one share for every 801bs. l of butte-rfat supplied,' to one share for every COlbs. of but'terfat supplied."