FARM AND DAIRY.

Taranaki Daily News, 2 August 1919, Page 3

FARM AND DAIRY.

KAIMATA DAIRY COMPANY, ' ANNUAL REPORT. The annual report of the Kaimata Dairy Company states:— , The amount of cheese made during tho twelve months amounted to 285 ions li cwt, lqr. 21b. At the date of balancing there were 1890 crates of cheese in the freezing works and 8S crates in the factory. These have been taken at the price fixed by the Imperial Government, with allowance made for shrinkage and charges. Out of the surplus for the year of £4753 4s 4d payments have already been made totalling £1973 Is Gd, bringing the total payments on butter-fat so far up to Is Bd per lb, and leaving a balance of: £2780 2s lOd, which will allow of another 2gd being paid out as the cheese gets, away and the money comes to hand. This is subject to the estimates proving approximately correct. The sum of £520 has been set aside to pay for 52 more shares in the Taranaki Producers' Freezing Works Compfny. This was, made up of £IBO 19s sd, being rebates ' received ' from the Taranaki Producers' Freezing Works Company for 1917-18, and also £339 Os 7d, which is charged against the past year's working account in accordance with a resolution passed at the last annual meeting. Your directors recommend that the sum of £240 13s, being %i per lb of butter-fat, bo also set aside out of the surplus account and placed to the credit of Sinking Fund No. 1. , Owing to the quantity of the 1917-18 make having to be stored in the hall near the factory, there was a considerable losb in weight upon shipment, as compared with factory weights. The remaining surplus for that season now stands at £7GS 2s (3-5 d per lb), and this will'.be paid out to suppliers for that season as soon as certain repayments of storage charges are received from the Imperial Supplies Department. The services of Mr. Gunderson as manager and Mr. Percival 89 secretary have been retained for the current year. Under article 9a all the directors retire from office and all are eligible for reelection, except Mr. Jones, who has left the district. You will be called upon to appoint an auditor and to fix his remuneration. The following is the result of the 1 year's working? Cheese 639,7741b, wheybutter 10,1281b, butter 7381b, milk ' 5,869,1991b, butter-fat 236,7821b, average ; test 403, lbs of milk to lib cheese 9.2, lbs of cheese to lib butter-fat 2.7.