DAIRYING IN THE WAIKATO

Hawera & Normanby Star, Volume XX, Issue 2488, 26 July 1893, Page 2

DAIRYING IN THE WAIKATO

We take extracts from report in Waikato Times of meeting of Messrs Reynold's and Co. and delegates from creameries and milk suppliers. Eleven creameries were represented. Mr Reynolds eaid he was glad to be able to say that the industry was a sound one, and one which there was no probability of coming to grief (applause), and the utmost price was given for the milk so aa to keep it going. So far, this had been done ai the expense of the shareholders, but this could not be expected to continue. In tbe last communication he had bad from bis brother tbe latter stated that he was convinced of tbe soundness of tbe industry, and of its ultimate success, and by this suppliers, as well as the oompany, would benefit. The company hoped never to lessen tbe price of- the milk given in any month, and they did not intend to increase tbe price of milk so as to get a big supply and then, when the suppliers bad the cows on their hands, drop the prices, but they hoped to main, tain the present pricea against all competition (applause). The prodnoe ot tbe company had now to compete against the world, and being able to do this at once ensured the standing of tbe industry. The butter was always liable to get injured by bad weather or other causes, as had been the case last year, and there was considerable loss, but this risk had to be borne by tbe shareholders and not by .the suppliers ; a lot of money had also been lost last year owing to the slack market. Again New Zealand produce was getting behind, and Victorian was taking the lead. The prices for the different months would be as follows : — Sept. ... 3£d per gallon with a bonus of id per gallon added if tbe total supply for tbe month amounts to 60,000 gallons. (Tbe supply for this month last year waß 50,000 gallons, and the extra 10,000 gallons would only mean 2 gallons extra from each supplier, reckoning tha month at 25 days.) October 7 O j » Nov. | M per gallon Dec. ■> Jan. V2ja * v Feb. J Maroh 1 0 ,, April JJ 22 * d May ... 3d. To be optional with tbe company whether tbey work this month or not.

This scale was foe nine months, May being optional, but the company were bound to work for eight monthß. These prioes are to be paid on the butter fat test, 10 par cent, of croam being equal to 3 6-10tbs per cent, of batter fat, and for every 2-lOthß of butter fat extra over the 3 per cent. £d would be added and for every 2-lOth under Jd deducted. Instead of as was done last year, the bonusss for increased percentage will be paid each month.

Mr Farley, manager for Messrs Reynolds and Co.'s, then gave the result of the year's working. Tbe total number of gallons of milk reoeived was 1,228,448$ from whioh they made 250 tons of batter (about). Ha had to say about as (hey could not quite ascertain the exact amount of present. Daring tbe year they had paid away in the Waikato, £20,955 18a which included the cost of working the factories and tbe oost of tbe milk, the latter item alone being £15,445 11s lid. The total expenditure lor the year was £3634 16s Id more than the previous year. On making up the books of tbe company he was very sorry to say there had been a lobb on the year's working. The loss waff not a very large one, but it was suffioient to do away with any dividend to the shareholders. Last year a dividend had been declared, but it was a dividend on paper only. It had never been realised. The initial expenses in establishing the industry in London had been very heavy and the company had not received any assistance from the merchants there. Tbe company had now erected a stand at their own expense at the Imperial Institute, where tbey had a small glass refrigerator, and there butter was shown made up in various forms to advertise New Zealand produce, and they would all participate in the benefits which it was hoped would aocrue from this step. They hoped that tbe expenses in London in future would be so cut down as to enable the shareholders to get a dividend. If the rail oharges, which for tbe past year had amounted to about £1000 from Waikato, could be saved or reduced by one-half, that would mean sometbiDg considerable to the shareholders.

Mr E. Henry (Hamilton) moved that the ptoposalß laid before the meeting by Messrs Reynolds and Co. be accepted. Mr Jos. Gane (Pnkerimn) seconded tbe motion.

Mr B. Comer (Pukekura) said he would prefer to see a uniform price fixed for the milk throughout the season, instead of having the prioeß altered each montb or two. He proposed as an amendment that Messrs Reynolds and Co. be asked to give a uniform price for tbe season.

Mr W. W. Higgioson (Whatawhata) seconded the amendment.

The matter was discussed at length, Mr Farley explained the prices had bean fixed in this way, as unless they could get the batter Home early they would lose the best of the English market. They would like to have 10 times the quantity of milk at the higher prices ia September, rather than later on, as by the time tbe butter would reach .England the. best of tbo season would b« ove*. At tbe close of the last season in England the; bad 70 tons of butter on band.praetjottty without a market. Tbe company Wished suppliers to get their own.cowa to oome in bo as to catch the Edgliifc market, and the extra price obtained would be to the advantage of the suppliers as wqll as the oompany. In May there might be no market, and to save working at a. loss they desired to. have the option of con* '] turning or not. Ultimately. Mr Comer obtained permission to with- j draw his amendment, and the motion was put and carried unanimously.

Mr Farley then read tbe conditions. He pointed out that tbe company would be very atringent on the question of cooling the milk. This is one of tbe moßt important points and tbe cooling should be done in such a way that seration goes on at the same time as by this process tbe strong animal flavor so distastefol to the English palate ia driven off. Even if water could not be obtained tbe milk should be run through a oooler whioh would allow of it being aerated and the strong emell would pass off.

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