ALTON DAIRY COMPANY.

Taranaki Daily News, 18 August 1916, Page 6

ALTON DAIRY COMPANY.

' ANNUAL .MEETING,

The annual meeting of shareholders in ic above company was held on Tuesday,

Mr. Gibbs wrote urging shareholders to do their share in the matter of the collection of veils.

The annual report stated that pay

liients had been made for the past season at Is od per lb for buter-fat. A third of the season's output was commandeered at 7'/id per lb for first grade, the balance being sent Home on open consignment. Whey butter output was sold at Is Id per lb.'f.o.b. Patea. Owing to ii regular shipping, 130S cases of cheese had yet to bo placed upon the English market, and this had been valued at S'/.d per lb. The directors recommended* that £lO be placed to reserve for repainting, and that 5 per cent, be paid on fully paid-up capital, amounting to £O7 Ss* and that the balance be paid out on butter-fat. as available.

The following statistics were attached to the report (the figures for 1914-1015 bein« in parentheses): Lbs milk, 8,072,3,")0 "(8,'2.)J,303); lbs cheese, 849,7!>C (7i)8,!)S7); milk to cheese, 10.201b (10.171b); cheese to butter-fat, 2,0071b (2.5571b5); test, 3.075 (3.810); weight of cheese, 370 tons 18cwt. (3")0 tons 14cwt lib); butter, 7flS3lbs (ll,1371bs); whey butter, lOjOuGlbs (14,9281b5). The report and balance-sheet were adopted without discussion. The two retiring directors, .Messrs A. J. Gibbs, and T. Foreman, were re-elect-ed, and Mr. W. E. Taylor was also prevailed upon io ac-t. Mr. E. C. Horner wa3 re-elected audi-

tor at a remuneration of 8 guineas. The chairman, in reply to a complaint, said it would not be for the directois

and manager to use every effort to give suppliers their fair share of good whey, and they would piobably nave to put in a weighing machine. Mr. P. Mills, president of the Egmont A. and P. Association, briefly addressed the meeting, asking those present to nive mere support to the Association. Mr. Washer said they all realised that the A and P. Association was a good thing for the district, and should meet with*hearty support—Star.