PARKVALE DAIRY COMPANY.

Wairarapa Age, Volume XXX, Issue 8510, 13 August 1907, Page 6

PARKVALE DAIRY COMPANY.

The following report is to be presented at the annual the Parkvale Dairy Company: —"Herewith your Directors have very much pleasure in submitting the seventh annual report. The factory was opened on September 3rd, 1906, and closed on May 31st, 1907, during which time 5,248,2441bs of milk were received, being an increase of 1,445,2111bs on last year's supply. The yield of butter-fat was 201,834,3811bs, from which 518,0061bs of cheese were made. Each pound of butter-fat yielded 2.5611bs of cheese, and each pound of cheese required lO.lolbs of milk. The tests ranged from 3 to 6.2, the average being 3.87. Two hundred and twenty-one tons of cheese were shipped to London, the balance being available for the colonial trade. After setting aside the sum of £6O 3s 9d as a 6 per cent, dividend on the subscribed capital, and writing £273 4s lOd off the depreciation of plant and buildings, there remains a balance of £2,522 18s 9d due to suppliers, making the actual price paid per pound for butter-fat Is Id, equal to 5.25 d per gallon of lOilbs of milk. You will be asked to "elect three Directors to succeed Messrs VV. J. Denbee, J. Eaton, and H. Rayner, junr., who retire by effluxion of time, but being eligible offer themselves for re-election."