Eltham Co-opetative Dairy * Factory Company, Ltd. A^generaVmeeting of^abareholderß and others interested in the. above -company was" held in Mr Moir'Stdining room on Friday evening, 23rd met. Between twenty and thirty persona were present. Mr Fenny occupied the chair and called upon the secretary to state the business of the meeting. The secretary, Mr Murray, stated that account Bales for oheese had come to hand, and were very satisfactory. He had compared notes with the secretary of the Cardiff factory, and had also conversed with Mr Bobbins, of Stratford, and he - found that all three factories had dono equally well. Id the case of the Cardiff factory at any rate and themselves there was exact equality, 54s being in each case the highest price the cheese had brought in the London market. So they could join their friends there in crowing about having "topped the market." There were qgctain circamstaooes that had been exceptionally favorable to their success financially apart from the cheese tnrned ■ * opt being a good article. Through an Occident to Mr Chong's dam they bad his milk suppliers bringing their milk in the autumn when the milk was at its best for cheese-making. They were near the railway station and had no carting to pay for as in the case of the Cardiff factory. Thoy began with an overdraft of about £1162, and bad now reduced this by £277. If the. cheese on its way to the London market brought the same price as that already sold they ought yet to reoeive £122 in supplementary cheques. The oheese still in the factory for local sale should bring £240. All milk had been paid for at the rate of 3d per gallon of lOlbs, and all working expenses fully paid up to date, and the only liabilities of the company properly due on account of this year's operations were salaries and bank interest to end of oar financial year (31st August) about £82. Deducting these from £639 leaves a net profit of £557. Thiß is only about £3 Bbort of allowing the milk suppliers to •' receive a penny per gal. more for their milk or a total of 4d per gallon. But besides that there would have to be a reserve fnnd. There was a separator to pay for, additions to the factory in view of increased milk supply next year, and other items which were, however, it was to be noted, chargeable to capital acoount,
and which it was bardly fair to themselves
that they should pay for out of this year's profits; and it was proposed to borrow more mouey to pay in part at least *for these additions to tbe buildings and plant of the iaotory. He wished thim farther to "note that at Cardiff aod some other factories 111b of milk was reckoned » gallon, and throughout the season 3d had been paid'for this gallon of 111b. But as lib of milk was worth fully £d, tbe Eltham factory, whilst paying 3d per gallon 1 of 101b wqre really paying at tbe rate of 3£d per gallon of 111b, and this they had dove throughout tbe season. Similarly, if at tbe end of the year the Cardiff factory paid 4d per gallon of lllb and tbe Eltbaui factory 3J d per gallon of 10ib then the aniouut paid per galion by the two factories would be about exactly equal. To make up this amouDt of 3|d per gallon would take £420, and, as shown, they were likely to have £557 of a balance from the year's profits, so that they could pay 3|d per gallon and ourry forward £187 to the reserve fund, provided they had not to pay for separator and additions to bnildings out of their profits. The secretary's statement was thought by the meeting to be very satisfactory. Several shareholders at once gave in their names, "as willing to become security to raise tponey for the building, etc., required;^ Two settlers preseut applied to become- shareholders, and also expressed their willingneFS to stand tbeir share of reß|jonßibiiity" : ';n borrowing the capital required. Tije chairmaH said that the success of tbe company was due to their being united, and that there wan no fear of their . nltimate prosperity if they all helped forwnrd tbe progress of tbe company and Stuck together. The secretary paid that praise was due to tbe chairman for the time aud paiue be hid given to the interests of the company ; and indeed also to tho executive commated; und he lflt sure that not a shilling of tbe (Joaipuny's money had beeu wasted. Along wjilV the acoount sales he bad received fr letter from Mr Kowin (leitf-r rend), which, he thought, showed that at the present .time there was not much temptation to forsake a cheese factory for • butier factory. He uiighc mention in regard to the Glangow market) that it cost more to send cheese there, 56s in Glasgow Whs only t-qnal to 54s in London, After various mailers of business connected with the factory had been talked overdue meeting broke up ; it bt-ing agreed t'iac the eeoretary should cocamuinctte With the Bank, and then call another meeting of shareholders.
"WAIT A WEE!"
A fact, well known to physicians and all who havo studied muses of disrase, is that inaction of the liver and kidneys giveß rise to more constitutional dis-
turbance than all • (her causss put together. Inaction of these organs results in retenf on of fche waste products ar>d effete matter in the ve*ti/us valves, ducts, and glands of the .digeitive apparatus and exeietjry chantxls,- whK-ie it become impacked. Ti e Jiver i an organ destined ti secrete at-rtiural cqtl artic fluid, oiled 1 bile, intended to carry off fioin the By <• tern all waste, poisonous, and wort hi. ss material by its n&tuiui ex retive action, Headachis, Constipation, Aching t.imbs lanouoil, tired fkf.ling', backache. CubTivKNKSa, Painful, MiOTt'BATiON, Gii dinebs. Indigestion, et«., are all eipna of a tor id Jiver, and serious nisea-e will set i if the digestive and ejiminntive organi; do not prperlv pprform their several functions. Dr. Fletcher's Pills are prepared on a scientific principle to prevent impaetion of the happatic glands, &c. They acton tho only ration 1 principle of curing ant ureventing di ease, do not griue or purge, but stimulate the otgans to perf rm their allotted duties, .ncre.ißing , the secretion of bile," .which evacuates and invigor«teß the clogged paßsages, restoring a healthy action nnd- condition without
the annoyance, disconifoit, "nd pain ot gripng and purging!' Patients ore requested to get the genuine Dr. Fletcher's SJilla and refuse all substitutes. All ealers stock them j or post ' free for thirteen penny stamps from F. M. Clements, Netttown, Stdnet.
<«rtutory Declaration.-- 1. Fran* Rn/.i*. nronbarlr Sandhurst, in the cclonrjuo* rictoria, * 'Australia, do solemn' v " and liocrely declare that on the 25th >',i Jiir,., 1877. my son Alfred, six years of iwy. waa fcecidontally hurt with an axe on the Knuu. I at once took all pains to secure medi-al weistanefe. However, in apite of all effort %, an the 27fti of August, 1877, the opinion was given •bj D r> Macgillivray that an imputation of»the inj ureff limb had becomo imperative, in or.der to save life. At thia Juncture I called on Metfcrs Sander and Sons, procuring some of their Extract ot Eucalyptus Olobulus, and by the applies. \iOHfii the same '-I had the natisfao hon of seeing my se & within a fortnight out of all danger, and to-day he is re« covered. I may jusfc add that it was when the" crisis had been reached that tho Extract referred to was first applied. An* I make this solemn declaration, eet.,— franz Itaabei* Declared at Sandhurst, in (lie colony of Victoria, Australia, this seventeenth day October, one thousand eight hwidred and seventy-seven before raff Mmrits Colro. J.P.— (l4?*.! ■ '
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Bibliographic details
Hawera & Normanby Star, Volume XX, Issue 2468, 29 June 1893, Page 4
Word Count
1,305Page 4 Advertisements Column 1 Hawera & Normanby Star, Volume XX, Issue 2468, 29 June 1893, Page 4
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