DAIRY INDUSTRY.

Auckland Star, Volume LXVII, Issue 181, 1 August 1936, Page 4

DAIRY INDUSTRY.

TE AWAMUTU COMPANY.

INCREASED PRODUCTION. LOW OPERATING COSTS. (From Our Own Correspondent.) TE AWAMUTU, this day. At the annual meeting of the To Awamutu Co-op. Dairy Co., Ltd., on Monday, a bonus totalling in the neighbourhood of £25,000 is to be distributed. The company has experienced a very successful year, with increased production, lower costs of .manufacture (the lowest on record), and prospects are considered bright. Ili addition to a good payout, comparing very favourably with the best in ciie province, shareholders have been paid a. 5 per cent dividend on all paid-up capital. The result of the postal ballot for the election of two directors (there are five candidates) is expected to be announced during the meeting. BUTTER AND" CHEESE. MARKETS QUIET. LATEST FROM TOOLEY STREET. The following cables have been received this morning by local produce dealers from their principals' in Tooley Street, London:—• Messrs. Allen and Findlay (Messrs. Armour and Co.). —Butter: Market quiet. Xew Zealand salted, 115/ to 116/ per cwt; unsalted, 116/ to 117/; Australian, 115/; Danish. 126/. Cheese: Market quiet. Xew Zealand white, 62/ to 63/ per cwt; coloured, 61/ to (>—/'. Messrs. A. 11. Turnbull and Co. (Messrs. W. Weddel and Co.). — Butter: Danish, 125/ per cwt; Xew Zealand salted, 116/j Australian, 115/. Market quiet. Cheese; Xew Zealand white, 62/ per cwt; coloured, 61/. Market quiet. Mr. 11. S. Withers (Rowson and Co.). — Cheese; W.hite, 62/ per cwt; coloured, 61/. Market quiet. Butter: Finest grade, 116/ per cwt. Market quiet.