MEREMIKH DAIRY CO.

Hawera & Normanby Star, Volume XLII, Issue XLII, 6 August 1923, Page 4

MEREMIKH DAIRY CO.

ANNUAL jIEETKn'G;. The 28th uiuin;! meeting. of'sHare^holders of tins ijeremeie Co-operative^ Dairy Factoiy Coiuyanyj Liimted, was. held in the now h-dd at Ohaugai oifc, Saturday, when Mr j. "E. O'Shea, chairman oi dire. ;>rs, |>resid£d orer sv. smail attendant*. In moving tae adaption of the annuaL report aiiu bn:..:;.'• Ui-e chairman:, said-thai Lie I'-t^i y-:ar had be^n a mostt^ difficult one -jv .v,r as marketing wasconcerned. Ai. :!.£<j commencement^ butter looked ..■- '■■■- the. better preposition,, and as :h-• -, wer >. some good, price's oeii^ oil- ;•<■..-.:. they ouici tlie nrs^. two months' i-.aki;. "Uiifortunately,, owing to tiio aJ ■•.•!•.;-'■■> received, the coin-^----pany coutiiii-.ed to make batter almosb< up to the end -■_;: iXovomber. Then th©' reports receivid ' roui Huni^ vver© to then eftect that bw.^^ ;<^ going; to bring aj., very higii price ai the end of the season, and that •.-h-x^j was going to.> slump. The inu■■ fina-tion was only hal^f correct, as batter slumped as well ascneese, anu piiee-, tumbled from aa-. high as 144s to.bus, However, <aking into considers Lic-f. the fact that the*:* company had be-ii laanuntciruring butter practically aJ! the- tiiiio, their pay--out was not .-,(> M. Tn.king the bal— ance-sheet the- chairman .sa:u fchatthere^ had been a suving ia the coal bill, although wa^es had inoreased slightly,. An engineer ha.d b*x-11 put on in January,- but any insrv--i.se hi \Vay;«s had probably been ■siiv-iyi- in 'tite decreased coal . • consumptioii. £>:■_• iutnires had worried, the company a good doai, but tlier^j was_ no .l.eed to- into that position*, -\ asit had oeen iui.y in tne newspapers. At tno t-iiiixi of balance th«h " butteiv unsold had Lkxui taken into account at 140s. Since then 560 boxes-. had been sold, wiping out the deficiency^ all but £16. Touching again on market--mg, the chaiTman guv®, it as bis opinion that there was a #ood deal of luckin the business. The directors hack done their best, a,nd lib wislied to thanlc. them for thiiir a^-.iykiuce during tha-" past year. Re s.!r>> wished to -thank.■ the secretary, Mrs A. W. Page. Theywould travel a-long v:ay and. would not. get a better secret^a ry. The secretary iu&ndoiied that the* company's position, with, the bank tadx improved during tlie.' past twelver, .months as much as £525. " Last yea*tne amount owing to the bank waii. £2300; this year-it was £17.75. Mr G. . W.;Wiliiams seconded they [ adoption of the annual report andi i balance-shest, and the. motion" was put*> , and carried without further discuslon. | GENERAX.. i Mr G. W. Williams urgpd the appointment of a. dairy inspector. IH. threw too much on the, manager to^ have go around .inspecting, plants^ ' and the company would "sa>V money i^" they joined m with neighbouring com-' pames in appointing such a. man. iS^ ract they haa lost on. second grade--cheese more money than would pay "tJierwhole of the salary of an- inspector. v Mr A. Dunlop, leoresenting Thomas-. Element and Sons,- who.! was--: asked to— give his opinion, said.it seemed to hink that a dairy inspector would be able todo good work in'thedistciet; Pastenris— ling was a good thing, Ent. it was a loop- . hole\for the man who was-twinging bad*;?: The chairman seconded MrrWilliams*"• motion, but on being Jiutlittwasf los£ _ The retiring direetorSj Messrs J. H, Uishea and J. Kerrisk, wore>r«^lectedS~unopposed. . ■ .Mr H. A. Lerinon was re-elected audi-U tor. The chairman's honorarium^ and th»^ directors' fees were fixed at* the gam*--as last year. | .Votes of thnuks. were- accorded the«:I manager and staff, the secertary, andfe the ch,airmanv .•