TUNA DAIRY COMPANY.

Hawera Star, Volume XLV, 19 August 1925, Page 10

TUNA DAIRY COMPANY.

ANNUAL REPORT. The annual report of the Tuna Cooperative Dairy Conn)any, Ltd., to be presented to the shareholders at the annual meeting yesterday, i s as follows: “Your directors have pleasure in piesenting the annual bai unc-e-sheet, which discloses a- satisfactory position and year’s working. • Tuna, cheese still maintains *its high grading quality, in spite of the minimum for hist grade being advanced two points. Of the total make 2336 cases were sold f.0.b., and the remainder consigned. Suppliers had, to date of balance, -received advances averaging 16d per lb of butter-fat, with a subsequent bonus of 2d, and the balance will give approximately lfd more, totalling 19jjd for the whole season. “Mr. J. C. Latham is the director who retires by rotation, and he is eligible for re-election. Air. Thomas offers his services again as auditor.” The statistics of the year’s work are as follow: Milk received, 4,338,649 lb; average test, 4.22; butter-fat, 183,1451 b; cheese (factory weight), 490,8531 b; whey butter, 14,8391 b; creamery butter, 19211 b; milk to lib cheese, 8.7711>; cheese to lib butter-fat, 2.701 b; creamery butter to Tib-butter-fat-, 1.19021 b; manufacture per lb but-ter-fat, 3.04 c!; other expenses per lb butter-fat, Id; total expenses to f.o.b. lib butter-fat, 4.04 d.