CAMBRIDGE DAIRY COMPANY.

Dominion, Volume 1, Issue 262, 29 July 1908, Page 3

CAMBRIDGE DAIRY COMPANY.

"., Tho seventh annual report , arid -.balancesheot" of tho Cambridge' 00-operdtivo Dairy Company, Limited, for the year, ended May 31;-1908, • states' that, owing to: the prolonged dry weather during 'the months of January to March,: tho loiitput decreased .41 tons. The milk received during tho past season, was 17,491;5101b., and: advances were made on 649,'2941b.- of ' buttpr-fat; Butter sold 'and'iii stock-amounted to .746;4331b.,' equal to, 332 tons, It took an avofage of 23.451b. of 'milk to make lib. of butter.' From cach 'pou'nd of -butter-fat.: 1.141b. -of butter i Sy'as made." "Out of.'the : surplus of £2945 7's. Bd. "the diroctors proposed to pay a' further sum of Id. per lb. on butter-fat Supplied'.during the soason, which-would absorb. £2691 13s. '6d., arid to 'pay ff-per' cent', oil the paid-up capital to May 1908, ainouriting to '£246 25., leaving a balance to be ca'rrie'd'forward of £7 12s. 2d.' The payment's to .suppliers'.during' ,the were ;>is follow:—Juno and July,"9'Jd. per. lb."foi buttor'-fat; August arid February, 10d. ;ifrom Sbptdrrib'er -to January (inclusivo), • 9d.; 'March, April, and May, lid. payments, with the additional Id. per .would make"the average'' price of butter-fat for the whole season, 10Jd. per',lb. The quality of the butter was woll maintained, and'the prospects for the coming season wore "very encouraging: