TARANAKI FREEZING WORKS.

Dominion, Volume 3, Issue 911, 2 September 1910, Page 8

TARANAKI FREEZING WORKS.

,:^v: -;Shb' SEASON'S BUSINESS;;^',''•;'; Th6!;report preseuted. at ,the v annual meeting' of -the .Taranaki Freezing Works Co;,: Ltd., .dotttained: the following infor-. matioffi:— : > '■■'■>'-'■■;■':■■ \ •■■[■'} J.-. : : ■■■:■■. ■'...'..••'■.■; The .company! commenced the year with a balance ,in store of 7868 .boxes;of but-.

Tie.company/commenced the year with a balance ,in store of 7868 .boxes;'of but-, ter arid 109.cases of cheesed ■;■"There .-were ' received during : the year .184,530 boxes of butter (being ail increase) on the previous year..of 9968. boxes),. and/52,535 cases, of cheese V. (an-increase of 15,285 cases); 164,554 boxes of : '.';butter were .sent to the; Home market : via London'and '599 via 1 West, Coast ports,' 20,653 ivero shipped to local; and :other ports; .45,310 cases.of cheese were shipped to London, 6760 to 'West Coast poTts, and 217 to.local markets, ileaving a balance 1 in store of 248 '' cases.: The balance to CTedit of the profit, and loss account, is; ,£2053 2s. lid., and the'directors recommend that there be allocated. to shareholders on the amount of produce put through' by them for. the year ending June. 30, .1909, the sum of 4s. per ' tori on■' butter and Is. per. ton on cheese, and that the' balance remaining after such allocation .be carried forward. After:mature consideration the directors have'decided that for the future it •is advisable'to : carry on tho.work of the company at a much, less rate, of profit, and for ■ that: purpose they have reduced '.' the freezing charge .on butter by one. penny per box and charges on cheese by ninepence per ton. 'As frdm September . 1 next, shareholders' rates will, there-fore,-.be 4d. per box of;.butter>nd 3s. 3d. per. ton of cheese.. , ; .

. It is reported that the Cardiff Co-opera-tive Dairy Company have'decided to consign the season's output through tho _NationalT)nu7 Association on, open consign-