DAIRYING INDUSTRY

Manawatu Standard, Volume XLVI, Issue 176, 26 June 1926, Page 10

DAIRYING INDUSTRY

THE NATIONAL ASSOCIATION. . ANTICIPATION OF CONTROL. ARRANGEMENTS FOR SHIPPING. The thirty-second annual report of the National Dairy Association to bo presented to the general meeting of members in Wellington on July 13 states the profit and loss account shows a credit balance for the" year; of £266 2s Bd, after making every reasonable allowance for any decrease in vahie of the assets of tho association. Reforring to the export of butter and cheese to Britain the report states that for the year ended December 31, 1925, out of a total of 5,854,501 cwt of butter imported into Britain New Zealand contributed 1,255,544 cwt. or 21] per cent., compared with 20 per cent, for 1924 and 22 per cent", for 1923. In cheese, out of a total of 3)102,153cwt imported by Britain during 1925 New Zealand contributed 1,392,871 cwt, 0r ; 45 per cent., compared with 51 per cent, for 1924 and 48 per cent, for 1923. Clieeso pi-ices had been well maintained throughout the year, the minimum price recorded being 92s in May, 1925, rising to the maximum of 118 s in October. In regard to the disorganisation caused by the strike cf British seamen the report emphasises tho value of having in existence at all times an organisation which can at the shortest notice take action to protect the interests of the producers and of the general community. An extension of the activities of the association is indicated by the fact that arrangements have been made with the Control Board for the association to undertake the whole of the work in connection with the shipping of produce from the port of Auckland and New Plymouth when absolute control is assumed. The necessity for tho adoption of the system of compulsory grading of cream and the stringent culling of dairy herds to improve quality and increase "production is also strongly urged. Reference is made to the resignation, after 16] years’ excellent service, of Mr J. Lockheed, Auckland branch manager, ’ and the appointment to the position of Mr V. E. Master.

The retiring directors nre the Hon. J. B. Gow, Auckland, Mr J. B. Murdoch, Taranaki and Mr J. D. Brown, Wellington. The two first-mentioned were elected unopposed, hilt for tho Wellington seat, in addition to Mr Brown Messrs H. Bond and F. Haul had been nominated. The balance-sheet shows assets totalling £61,374 18s 7d, the chief items beiug:—Sundry debtors on open account, £13,126 11s 6d,; goods in stock, £36 ; 474 15s 8d; Hawera land and premises, £3614 and cash in bank, £6780 11s sd. Liabilities include capital account, including subscriptions for the year and balance of profit for the previous year, £29,116 12s 6d, and sundry creditors, £30.992 3s sd.

' The accumulation of capital totalling £29,116 is referred to ate a unique performance. Because of it the association has reduced its annual subscription to a nominal figure and relies for the income necessary to maintain its mission of service to the industry upon trading profits and commissions earned in the purchase of factory supplies.