> ELTHAM BUTTER FACTORY.'

Dominion, Volume 2, Issue 582, 10 August 1909, Page 8

ELTHAM BUTTER FACTORY.

ANNUAL REPORT. V The':seventh.annual' report of the Eltbam Co-operative Dairy (Company (of which Mr: T. 0. Hodgson is chairmanj'Mr. R. H. Boyle manager,- and Mr. H. J, Barnard' secretary) will, be presented to shareholders next Saturday. 'It states- that during tho year .the company received ,41,620,9871b.! of milk, producing. 1,500,490,411b. . of., butter-fat, and 1,766,8351b. (or 788 tons locVt. lqr. ,71b.) of butter. The increase in the output, of butter over that of tho previous year was 77 .tons Ocwt, 2qr,. 01b:, :The' average test was- 3.74 per cent:, ..andi 22.991b.- I .of -milk made one pound of butter. -'The.overrun of the butter, over the te3t '.was 13.22 per cont.. . The -total ;cost of manufacture,,' including oharges f.o.b. ocean steamer, but not including .depreciation,..;,-was-. £10 Gs. t 6d. per ton "or 1 ; 10. pence per* pound.-,Tho average price paid :to , suppliers lor' butter-fat was 11.23 pence per pound, ' and ~tlio balance in hand; on .'realisation will make, a 'further payment ]K)ssiblo of 0.30 pence per pound: The total: payment for - butterrfsit for the season .will be 11.59 pence per pound.V / . Messrs... Corbett,;Cleaver,-'arid Murray are the' retiring:directors,' and there is a fourth vacancy in place of. tho .late Mr. John Carter. . The meeting will ho asked to. pass the following special resolution '••—'•That; the capital of - tho .company.' be .'increased to £20,000 .by, the issuo of '5000 additional, shares." ; = i