FARM AND DAIRY.

Taranaki Daily News, Volume LVI, Issue 94, 16 September 1914, Page 3

FARM AND DAIRY.

riTTAMA 'UAir.j: W. At the annual meeting of the shareholders of thi? I'jhama Dairy Co. at Opuabout 30 shareholders were present, _Mr. K. I.ambie, junr. (chairman of directors) presided. The bal-ance-sheet showed that for the year 1,2G5,0401bs of milk were received at the butter factory, ami produced 51,5721 ha of butter-fat; average test, 4.0(i, with 21.4!bs it)ilk to lib of butter, and an over-run Of 14.6. The milk received at the cheese factories amounted to 12,082,2!Mbs, including 461,2U1bs buiter-fat,ttie average test being 3.81; 1.110,5121bs of cheese (less 2'/* P f, r cent, shrinkage) were manufactured; lO.olbs of milk produced Jib of cheese; ill) of butter-fat produced 2.4Slbs cheese. Daring the season 11.04 d was advanced to suppliers. The sum of £1)20 was written off for depreciation. I'epairs and improvements were effected during the jear for £448, this being charged to tin- working account. Out of a balance of £I4OO, it was proposed to pay per cent, on paid-up capital, and a further payment of %d on butter-fat for the whole season, making the average for the year 12.50(1. The average l">t.s and also the lbs of cheese manufactured per lb were lower at the two creameries than the main factorv.

The matter of paying hut V2 per cent, was raised by Mr. Tos'and, and to test the feeling of the meeting 011 the matter, he moved that it be a recommendation to pay -5 per cent, on paid-up capital. —The motion was declared lost, on the easting vote of tin* chairman, the voting being I(! for and 10 against. After further discussion, the balancesheet was adopteil as read. All the direelors retired, and the election resulted as follows: —\\ aiteiku reamer;.-, Mr. O. Malcolm; Patiki road, Mr. .1. (,'onaglen: main factory, Mr. 11. Lambie. junr.; for the remaining four seats Mesrs .T. I'ettigivw, (I. I.ooney, T. Corkill and !•'. Julian were elec ted.

Mr. Oonaglen brought up the matter of the system (if payment for milk for cheese-making. Alter some discussion. on the motion of Mr. A. IVtligrew, it was resolvod: ''That for cheese the fi ture payment he on the solid content of the milk." This motion appeared to .meet with mmersal approval. The chairman brought nj) the matter of a defence levy, lie moved: ''That this company fall in line with other companies and vote per cent, on the season's output to eg to tie 1 Defence Fund/' Mr. 0. l.oone, seconded.-Mr. Froi? [minted out Hie hardship the small leaseholder experienced, whilst the landlord escaped. AYcrc a war t.i.v levied all would have to contribute.— The motion was carried, subject to I he proviso tliat should a war-tax lie declared the butterfat lew immediately ens', Mr. V:. W. Rogers was elected auditor. On the motion of Mr. Tosland, a vote of thanks was carried by acclamation to the chairman and Minn;; directors. Mr. Conag'en a.-ked that the secretary (Mr. M. .f. llreiinauj be included in the vote, and this was agreed to. lie said that in Mr. I'.reniuui the company had a man who took an interest in its affairs, and his business acumen bad been a decided pain to the ".ban-holders. At a subsequent meeting, Mr. 1!. I.ambie, junr., was re-elected chairman of directors for the ciiMiitig year.—ilawera Star.

The annual report of (lie Kairan.'a Dairy Co.. Ltd.. stated that the supply of milk showed a large increase in comparison with last year, the total amount of butter-fat supplied for the twelve months being 477,415.551b, as against 408.00 ft., r >4lb in the previous year—an increase of Git,3.12.311b.