DAIRY COMPANIES.

Taranaki Daily News, 17 August 1920, Page 3

DAIRY COMPANIES.

WAI-TOI-TOI. The fifth ,1111111.11 meeting of shareholders of the above company was held at the factory on Wednesday last, Mr. .1. P. Phillips presiding The annual report referred to . the decrease in .milk supplied (124,673 lbs) owing to soma farms not being used for dairying. The rebuilding of Ui? freezing room had mado the repairs and renewals account very heavy After writing off £32.1 for depredation '(here was a credit bailing of £21104, out of which n. uirt her payment of nd p or », Kils renom . mended, malting the total pay-out for butterfat Is Id ■ The following statistics were •?„,»-'^",'," ,I<,r of "'l'Pller*, l«: milk received, ■I.OIMnib lbs; butter-fat, 124,455 lbs; butterrVk , rnni ,™ am - -'' S6 »>3; cheese made, 3315.J«0 lbs; lbs mill; per 11, of cheese, fi.l9 lbs; lbs cheese to I lb butter-fat, 2.70 lbs; average test, 4.02; average price per lb butter-fat Aid: avorago grade cheese. 90.18; average grade whey butler, SO OS "

The balance sheet showed assets at ZVM* and liabilities £273(1. The profit and loss nccount shows that cheese sales realised 81468a; butter, £(192; and equalisation fund, £23 ine working expenses amounted to £2835 ami payments io suppliers £9.147 ' In moving its adom ion, the chairman congratulated he shareholders on the successful jear s working, and whilst regretting that, owng to the high cost or production and the muted supply of milk, a higher bonus could not be paid out. mentioned that there was every prospect of an increased supply during he present season. He regretted that they vero losing the services of Mr. Wm. Tavlft manufacture was 5.95 d -per lb, whereas In pre-war years it was a usual matte to est" t h ° C ° 3t , a ' I%d » cr lb b >' 'he time he. cheese was placed in the freezing works He SfVft* 1 tUa J. U,e «""«* of the company. a.f„er this erection of the factory Ave witrt pla°nt Wa £-? ° f 'T 1 ' £S 'V "»"*«" £3W; ft^t^^rs^s^ of to date £3356. and the overdraft had been f™ £735 £s "° t0 £IC24 ' Wlth » "2S"e Mr W. Taylor, In tendering his resignation. j hanked the suppliers for tho manner «F»h ? £ h e^ ha( ' p ™iwt«l »im during™" £ rt *B* >e.irs. He pointed out that the whoo -sVcl? of success was in the condition in whrch tho extract mice of Jerseys, as the fit glob!)„pre|>on<ierclassof milk were lue,liV»e.?»ni a ° D this separated than "en k"? Lost „?„£ f sUy suits of (bo vt.d each ve r STi*"' 0 r °- "re?°-Mo'h,™A. W 'T e "> «••" «- £.rromp.i,!y. s m ot mnam or ,he «<:» Mevsrs ( ' l T li F' "rifi'i'r ""V 1 "™!™ resulted in Will ism, t.Z'r T "?• A Sw em,™ and p., B kern 7,'? "' C<,ted ' wllllst Messrs. Ceo, ?"Vre^ d V n a„^VT i^ ,n, ' taCo Mr o "™',', 6 OorcoTii!' f i ? ,r ' "'' '"""' ™ mM '»' to J n„ ? ■'' was """iilmously agreed munera^d'for A 'Sr t s 'cr^er ~rSShm' , <,Bere- ' for T 'lbe",v!i! t l " mU ' S WI,S nm ™ tn «>« *>« for the past, season, and a vote of thanks to the chairman terminated tho proceeding nin ' I ll '?'''"''*, held after the'anSirman. ' rWm " s wns -^'"ted .J!! e 1 iw ' tinn nf " ,0 '"'liM In dispensing after- i noon lea was mud, appreciated by tho'so prl'