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CHELTENHAM CO-OPERATIVE CO.

■.;:;;:■ •annual., eepoet. ; . '■•:-. (By-Telegraph.—Special Correspondent.) V ,'"., vi>; : -;k; ',;.;'. -V Feilding, August 18.. H.-tneb 1 seventeenth annunllreport the • directors of the Cheltenham' Co-opera-- ':'■:, tive • Dairy Company .congratulate the ... Bbarehblders on a very .satisfactory year's .: .working. The season ■-, started . with a ; debit .balance of £163, and,, after <allow- , ing for-this, and .£IBO for .depreciation,. .the general profit andloss account sliows ;■■ a credit of <£219, the profit'for the year .;■■'■■ bein'g :<£7lß. The additions .to build-. ■;■-: ings -..and plant mentionetl, as .necessary in last year's report amounted to illOl .'. Is. 7d..' The new creamery at Kiwitea had' maintained a good supply, and a - . !mncl. larger increase was expected dur- ;; ing : tbe incoming, season! The com- ••:! -pany's produce was sold at a satisfactory ...figure; and the average price paid to the ;,.;Bupplers was 10.03 d. "During the year ■'•■".'9,635,1551b'.' of milk were received, ami .'1; 178,1671b. of cream/yielding 420,3841b. of ■".■;" butter-fat.' ■'.'-'.Tho. average milk test was V3.B,'and the average.cream test was 3G.1. The'•'■ total'- butter manufactured was : 3q2,3141b.y;..\v ;. ! Speaking at'.the annual meeting of tho .'■' 'Egmont-. Box' Company .held at El-. : tham'this week, Mr. Marx said that diiring the-year..-just ended 211.-54-8 butter ■ boxes,.consuming. 1,337,532.feet of timber <which worked out at. 6 322 vi'eet, per!;box ■•' aad 150,678 cheese cases/consuming 1;450-, .418 feet of timber (9.625 feet, per case) had V, ."been made by.the company. The cost of "' '.timber for the-butter boxes was .£10,577, y. ; and, the cost of, cheese cases .£9117. The net return, on the prices charged, was . ■■: ~1.13.'-per 100,'fect of timber, for, ther,tim-.' .bor;' uscd'-jh the' ; manufacture .of. .cheese ,' ...-.Bratcs and 15s, Sd.-per-lOO'foet for, butter ■••■'.•■ ptxes. ■•■'.■'.■ J

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19100819.2.75.4

Bibliographic details

Dominion, Volume 3, Issue 899, 19 August 1910, Page 8

Word Count
264

CHELTENHAM CO-OPERATIVE CO. Dominion, Volume 3, Issue 899, 19 August 1910, Page 8

CHELTENHAM CO-OPERATIVE CO. Dominion, Volume 3, Issue 899, 19 August 1910, Page 8

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