WAIRARAPA DAIRY COMCOMPIES.

Wairarapa Age, Volume XXXII, Issue 10069, 17 August 1910, Page 6

WAIRARAPA DAIRY COMCOMPIES.

ANNUAL MEETING.

BELVEDERE.

About forty-five shareholders attended the annual meeting ot the Belvedere Dairy Uompany at Carterton on Monday, Mr G. Stevens presiding. The Directors' report stated that the amount of milk received was 5.,766,4651b5, an increase on the past year of 1,856,0571b5, The butter-fat averaged 3.99 per cent and amount- j ed to 230,288.801b5, being 64,745.89 in excess of last season. The cheese made was 582,5481b5, 260 tons, an increase on last season of 84 tons, and each lb of butter-tat averaged 2.521bs of cheese, and it took 9.89!bs of milk to make lib of cheese. The whole of thejoutput was graded first grade, and top rates were obtained in the London and local markets. During the season advances up to 9d per lb of butter fat were made to suppliers for milk, amounting to £8635 15s lid. leaving for distribution £2518 15s 6d, making for the whole season 11.875 pence per lb «-f butter fat. In addition the Directors have written off 7 per cent for depreciation of plant and buildings, a-nd set aside 6 per cent as a.dividend on paid up capital. . The report at:d balance sheet were adopted. ' The Chairman stated the cost of manufactur^was k 4s per lOOlbs of cheese, as againsfc)4s 6d per lOOlbs last year. Messrs F. 85.B 5 . 0. S. Clarkson, Thos. Conwell, and'E, Mason were elected directors of tne Company., A very hearty vote of thanks was accorded MrT. Sparks, the retiring director, for his services to the Company. Mr G. H. Cormack was re-elected auditor.

TARATAHI.

The annual meeting of the Taratahi Uairy Company was held on Monday. There - were present twenty-four shareholders, and Mr W. Fisher presided. In moving the adoption of the report and balance-sheet, the chairman said' he considered they had every reason to be satisfied with the year's work. Beßides writing 12 per cent off plant and buildings, and providing for repairs and replacements at the factory, they were enabled to pay Is per pound for butter fat, which, as far as he knew, was only equalled by one other factory in the distrct. He was especially pleased that the cost of manufacture had decreased very considerably compared with last jjiar, and special praise was due to the manager for the p&ins he had taken to secure this end. As they all knew, provision was now being made to keep a number of pigs at the factory, and he hoped thafc next year they would pay out a sum equal to that paid this year The motion was seconded by Mr D. Reid and carried. The retiring directors, Messrs A. Daysh and C. Reid, were re-elected unopposed. Mr C. H. Gormack was re-elected auditor. 1 Votes of thanks to the manager, staff and secretary concluded the meeting.

DALEFIELD.

The Dalefield Dairy Company's annual report states that during the season U,148,0341bs of milk were received, yielding 432,893.731bs of butter fat, from which 1,119,8961b5, or 500 tons, of cheese were made, being an increase 'of 81 tons on last year's output. The highest test during the season was 6,0, and the lowest 3.2, the average being 3.88. The quantity of milk required to make one pound of cheese was 9.951b5, and each pound of butter fat made 2.581bs of cheese. After paying an advance amounting to £18,037 4s lOd.wnting: off £74 17s 9d for depreciation of plant and buildings, and reserving £6l 16s for 6 per cent, dividend on subscribed capital, there remains a balance of £3720 3s 7d due to suppliers, making an actual cash payment of la l-16thof a penny per lb of butter fat, equal to 4.91 d per gallon of milk of lO&lba.