DAIRY INDUSTRY.
BAY OF PLENTY.
INCREASED OUTPUT.
The 30th annual report of the Buy of Plenty Co-opeative Dairying Association, to be presented to shareholders at Te Puke on August 8, states that there was an increase of 326 tons of butter in the output for the year ended June 30. The production for the season amounted to 2065 tone, representing 3,799,7631b of butterfat. The average grading for the season was 93.03.
Commenting upon the low values reached during the season the report states that tlve highest price was touched during the first week of October, 1931, when the market reached 124/ a. cwt, receding to 95/ in January and May, 1932. During the season the directors sold 350 tans, f.0.b., which proved of material benefit to the suppliers. With the advances already made and the further payment proposed by the directors on August 20, the price for the ecason would be brought up to ll%d a lb superfine at farm gate, with the exception of July, for which 1/ was advanced. Under the group herd-testing system 3051 cowe were tested, an increase of 20S compared with last year. In <the trading department sales totalled £25,290, as against £20,624 in the previous year. The total payment for butterfat purchased up to June 30 was £157,390. The company has 389 suppliers.
HAURAKI PLAINS.
LESS CHEESE MADE. The report pi the Hauraki Plains Co-operative Dairy Co., Ltd., states that the output of cheese for the year was 673 tons, creamery Tnitter 85 tons, and whey butter 15 tons, showing a decline in cheese of 51 totas, but an increase of 9 tone in creamery butter. Owing to the somewhat dry season experienced it was regrettable that the output of cheese had fallen slightly below that of the previous year, but it wae to a certain extent accounted for by some suppliers changing over from butter to cheese at the beginning of the season. The average grade for cheese for the whole season was 92.03. The estimated balance of £4676 for distribution to suppliers would give a further payment to cheese suppliers of 1.664, and to butter suppliers 1.12 d, making the total payment for the season to cheese suppliers l/OVi. and butter suppliers ll%d. which, in the latter case, included the %d a lb for direot delivery. The directors recommended that the payment to cheese suppliers be brought up to ll%d,.leaving a balance of %d to be paid when final realisations were received, and that a final payment of 1.12 d bo made to butter suppliers, making the final payment for the season to them of ll%d, the whole of the butter having been sold. A dividend of 5 per cent on paid capital is recommended, absorbing £582, representing l-5d a lb on the total butterfat received.
NEW ZEALAND "CO-OP." NOMINATIONS FOR BOARD. Nominations closed ' last evening for vacancies on the board of directors of the New Zealand Co-operative Dairy Co., caused by the retirement by rotation of ■Messrs. R. J. Glasgow, F. O. R. Phillips, W. H. Allen and G. Buchanan. The following are the nominations received for the various districts:— Northern Electoral District.—Mr. R J. Glasgow (sitting member), Mr. R. P Dane, Haiipai. Sou'tli-eastern District.—Mr. W. II Allen (sitting member), Mr. E. D. White Putaruru.
South-wesbern District.—Mr. F. O. R. Phillips (sitting mcin b cr returned unopposed). Paeroa Ward of the Thames Valley Electoral District.—Mr. G. Buchanan (sitting member returned unopposed). The poll will close on Saturday, August
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Bibliographic details
Auckland Star, Volume LXIII, Issue 182, 3 August 1932, Page 4
Word Count
577DAIRY INDUSTRY. Auckland Star, Volume LXIII, Issue 182, 3 August 1932, Page 4
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