NORSEWOOD DAIRY FACTORY.

Dominion, Volume 2, Issue 564, 20 July 1909, Page 8

NORSEWOOD DAIRY FACTORY.

~ : •'■. ANNTJAL REPORT.''. :;, {[:■[ The annual report,,of tie Norsewood: Cooperative Dairy; Company, to be presented to shareholders . on.; Tuesday■< of next week, states that curd agitators were "installed m the cheese factories in the beginning of the season, and the result has been very satisfactory.- Thevmilk supply has-'yielded 230,003!b. butttsr-fat,. from which/has., been' made , of , commercial butter, aiid 233,6411b; cheese, f After. , writing off £500 for depreciation, on plant- and , machinery, the:working account shows a credit balance of £856 7s. 2d.\ The 'directors recommend the 'usual dividend of 6 per cent, per annum, 'absorbingv £161/ 3s. Bd.; and: jlso a bonus of id. per lb. on butter-fat supplied in December and January, l and'ld. per lb. on that supplied in February: and March—thus bringing tho. price paid during tho four months in which cheese' was made to lid. per lb. for butterrfat ; for . butter making, and Is. per lb.' for cheese making—£3B9 175., 3d. -\ They recommend that £300 be placed to the reserve fund, and the small balance' >carried forward. Messrs. C. C. Hansen,Alfred Olseu, and. Jas. Hutchinsqn,'the retiring : directors, offer ' themselTes".' for 'reflection. -'.:■;.]'. -V % ' .i -■',■'■ ■■',;'•/; ''.'■,.-■■,.