NGAERE DAIRY CO.

Hawera Star, Volume XLV, 14 September 1925, Page 10

NGAERE DAIRY CO.

ANNUAL MEETING. Tlie thirty-second annual meeting was held to-day at the Public Hall, the chairman (Mr. H. C. Ta\ lor) presiding o.er a good attendance. The annual report was as follows: Shareholders are to be congratulated on a most successful season. Owing to the autumn being Jess favourable the output was a. little below the previous season. Suppliers to date of balance had received Is 7d per ii> butter-fat over the whole season. An additional Id was paid on August 20, and it is estimated that, when the final returns come to hand, a further Id will he available, making a total pay-out of Is 9d over the whole season. Your directors adhered to their policy of open consignment, and t e result is cone usive proof that this policy has been in the best into ests of suppliers. STATISTICS. . Milk le eive.l 12,073,3191b5: butterfat, 488,772 lbs; average test. 4.05; cost of manufacture per lb butterfat, 2.78 d; cream received, 461 lbs; bMter-i'at, 194 lbs; test, 42.; other expenses per lb butter-fat, 1.50 d; total expen es to f.0.b., including Lon. do n exchange, ner lb of butter-fat, 4 33d. I sed for clieese-making.—Milk, 11,8.11,095 lbs; butter-fat, 475,109 lbs; cheese ("actory weights), 1,321,702 lbs; ibs cheese to 1 lb butter-fat, 2.78; lbs milk to 1 lb cheese, 8.94. Used for butter-making. —Milk, 261,624 lbs; cream, 461 lbs; butterfat, 13,875 lbs; creamery butter, 16,538 lbs; whey butter, 33,235 lbs; lbs creamery butter to 1 lb butter-fat, 1.1935. '