N. Z. FARMERS' DAIRY UNION.
A PROSPEROUS YEAR, (l-KFSS ASSOCIATION T»LEOBAM.')
PALMERSTON NORTH, July 26. The New Zealand Farmers' Dairy union balance-sheet, just published in Palmerston North, shows that the union had a prosperous year. During the past year 221 new shares wore issued, and £4637 distributed amongst the shareholders, in addition to the usual monthly payments. During the season 867 tons of butter were manufactured, being 16 tons in excess of last year. After careful consideration the directors decided not to erect cheese plants, but to continue butter-making, during the year the Union advancod £65.770 against butter fat, and received as the gross proceeds of sales £93,768. There is still in hand £3158 for distribution amongst suppliers- a-nd -shareholders. The quantity of milk received -wa5""45,761,093 pounds. It took an average of 23.351b of milk to ft pound of butter. Tlio tests ranged from 3.38 to 5.03, the average being 3.8. Tho number of pounds of butter made was 1,943,258.
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Bibliographic details
Press, Volume LXIII, Issue 12867, 27 July 1907, Page 5
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160N. Z. FARMERS' DAIRY UNION. Press, Volume LXIII, Issue 12867, 27 July 1907, Page 5
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