DAIRY FACTORIES.

Hawera Star, Volume XLVIII, 23 August 1924, Page 6

DAIRY FACTORIES.

THE T. L. JOLL CO-OP. DAIRY CO., LTD. The sixteenth annual report to be presented to the shareholders at the annual general meeting of the Joll Coop. Dairy Co. states:—Although the ury weather in the middle of t-ne season somewhat held back the milk supply, it will be seen from the statistics the season closed with an increase over the previous year of approximately 3 per cent. At the time of printing the na lance-sheet your directors still have 15,230 crates of the past season’s make of cheese to dispose of. In consequence of this the cheese unsold has been taken at a very low estimate for balancesheet purposes. The pay-out for the season will therefore have to be decided after the final sales are made. The balance standing to the credit of the following accounts—Bulk store, garage, farm, transfer fees, and inter-est-amounting to £222 9s Bd, lias been placed to reserve. Your directors reccunmencl that a dividend at the rate of 5 per cent, per annum be paid to all shareholders holding fully paidup shareS, and that the balance of appropriation account be paid to supplying shareholders, pro" rata, on all butter-fat supplied throughout the year. The retiring directors are Messrs D. P. F. Malone, J. W. Paterson and W. Slattery, all of whom are eligible, and offer themselves for re-election. You will be asked to appoint an auditor, for which Mr H. A. Lennon’s services are again available. Nominations for vacancies caused through retiring directors will be received up to 12 noon on the day of the meeting. Statistics attached to the reportshow. —Total milk received: 1924, 71',809,437 11); 1923 . 69,470,836 lb. Total butter-fat: 1924, 2,845,5751 b; 1923, 2,736,13711). Average, test: 1924, 3.962; 1923, 3.938 per cent. Total charges (including depreciation up to f.o.b. ocean steamer, woirked out at per lb of bn Iter-fat): 1924, 3.71 d ; 1923, 3.81 d. Used for cheese-making.-—Pounds of milk: 1924, 67,998,13311); 1923, 61,519.5671 b. Pounds of lmtter-fat: 1924, 2,674.8911 b; 1923, 2,403,2551 b. Average test: 1924, 3.93 per cent; 1923,. 3.90 per cent. Cheese made (nett weight) : 6.975,5001 b; 1923, 6,405,5041 b. Milk to lib cheese, 1924, 9.741 b; 1923, 9.601 b. Yield of cheese oer lb butter-fat: 1924, 2.6071 b; 1923, 2?6651b. Used for Butter-making.—Pounds of milk: 1924, 3,811,3041 b; 1923fi 7,951,269 Hi. Pounds of butter-fat: 1924, 170,684: 1923, 332,882. Average test: 1924, 4.47 per cent; 1923, 4.18 per cent. Butter made: 1924. 203,2291 b; 1923. 393,4131 b. Milk to'lib butter: 1924, 18.751 b; 1923, 20.211 b. Over-run: 1924. 19.06 per cent; 1923, 18.18 per cent. In accordance with the provisions of section 4 of the Dairy Industry Amendment. Act. 1922. ] hereby certify that for the year ended June 30, 1924 —(a) The weight of butter made from eaeli pound of butter-fat used for the manufacture of butter was'l.l9o6 lb ; (b) no unsalted butter was manufactured; (c) the weight of cheese made from each pound of butter-fat used for the manufacture of cheese was 2.681 b.