PAHIATUA NEWS.

Wairarapa Age, Volume XXXII, Issue 9582, 31 August 1909, Page 6

PAHIATUA NEWS.

(From Our Resident Reporter). Monday. BALLANCE DAIRY COMPANY. The annual meeting of the Ballance Dairy Company was held in the Olympic Theatre to-day. Mr McFarlane presiding. The report and balance-sheet, which haa already appeared in these columns, was adopted. Mr McFarlane then gave a brief outline of the work done during the past year, and stated that the nbareholders had every reason to congratulate themselves on the splendid season just experienced, which on account of selling the output instead of consigning, had been a record one foi the Company. The increase on the output last season was 71 tons. Ballance and Makomako showing a slight decrease in butter-fat supplied, while the increase at Konini was 60.772 pounds of butter-fat, 9,4891ba at Scarborough, 48,31 libs at Hukanui, and 48 ? 2951bs at Hamua. At the Konini butter factory, 94 tons more butter was manufactured than in the previous season, while the Ballance factory showed a decrease of 23 tons. The directors decided to pay out on the butter-fat supplied, and not pay any dividend on the paidup capital, but place the balance in the reserve fund. The butter manufactured had been first grade, averaging over 91, and the overrun had been larger than in any previous year, through using the combined churns. Another of these churns was to be put in the Konini factory. It was also proposed to put in a pasteurising plant at Konini as a trial. The speaker contended that the Forty-mile Bush was an admirable district for growing root crops, and it has been stated that cows would be able to be fed on turnips, etc., and with the aid of ihe pasteurising process there would be no taint in the butter. The company were in the splendid position of having the plant paid for, and between £7OO and £BOO to work on. Seventy tons of basic slag had been indented, and this would save the suppliers 15s to 20s per ton. < Several questions were asked concerning basic slag as a manure, and several present who had used it last year, stated that they were well satisfied with the results. Questions were also asked about the pasteurising plant, and Mr McFarlane read a very satisfactory report as the result of using the pasteuriser at Mangorei. Messrs M. Galvm (Hamua), and H. Hirst (Konini) were elected director for the ensuing term, and Mr , G. Moore was re-elected auditor. The Chairman then read the following by-law passed by resolution of the directors :—"Should any shareholder in the Ballance Co-operative Dairy Co., Ltd., at any time during a season (from July Ist to June 30th) sell any of his milk otherwise than to the Ballance Dairy Co., Ltd., then the price, which such shareholder shall receive for ' the milk supplied to the company during such season, shall be the same price, as the company shall pay for for milk supplied by no-shareholders during such season. If any shall be paid a higher price than he is entitled to under this regulation, ne ; shall refund the excess upon demand. This regulation- shall take effect as 1 from September Ist, 1909." The Chairman stated that this 1 Was to protect the shareholders who supplied milk right through the season, and he considered it was not fair to those to receive the same price, who supplied a cheese factory part of the season and the butter factory part of the season. A hearty vote ot thanks was passed to the directors, and also to the staff who had all worked efficiently for the benefit of the shareholders.