DAIRYING

Hawke's Bay Tribune, Volume XIX, Issue 219, 2 September 1929, Page 9

DAIRYING

HERETAUNGA COMPANY ANNUAL MEETING OF SHAREHOLDERS PAST SEASON REVIEWED The annual general meeting of the Heretaunga Co-operative Dairy Company was iield in Hastings on Saturday afternoon, when Mr G. C. Lowe presided over a large attendance of share holders. In moving the adoption of the annual report (previously published) Air Lowe stated that they had had one of the best seasons in the company’s history. The climatic conditions had been excellent and the prices realised quite good. He did not think that any other factory, acting under similar conditions, had paid so well. The Heretaunga factory had to send as far as 40 miles for its cream supply. The Heretaimga Company paid out Is 6 2-3 d, which was one of the best in the wi .le of the island. Some few factories had maintained that they paid out more, but he did not think so. Such claims appeared to be founded on fact, but were not so. It was made to appear greater because of the system of book-keeping used in such factories. CREAM GRADING. The speaker went on to rcl'oi to cream-grading. This had boon carried out on suppliers’ farms and had been very satisfactory. There had been 82 per cent of finest grade in the past season’s supply. The company was getting on well with the dairy-grader and the directors wished now to appeal to suppliers to send in the best cream carefully graded. The Dairy Division had been asked to grant the company a cream-grader for the local district. He was a' most obliging man, and was always ready to offer assistance. In the last twelve months the company had made arrangements to help any of its shareholders through the winter months. If any of the members wanted help, or knew of any mem ber that did, he had only to ask and the company would give reasonable as sistance. A, Voice: Is that cash! Air Lowe: Yes. Mr Lowe then proceeded to point out that the company had as much as £35,000 to lend to suppliers. HERD-TESTING. Referring to herd-testing Mr Lowe said that two more groups had been formed during the past season. If any supplier wished to have his herd tested at the factory by the Government tester, or on his farm by the HerdTesting Association, he had only to ask and it would bo done. There was room for another herd In the Hastings group.

Referring to the prospects for the coming season Mr Lowe stated that he had recently returned from Wellington ,where ho had met experts in the meat, wool and dairy industries. They all prophesied that prices would be lower next season. Personally he did know where they gained their information. The markets appeared to bo good and, for his own part, he failed to see what reasons there were for such a prophecy. Mt J. A. Fraser was re-elected auditor.