WOODVILLE & DISTRICT

Manawatu Standard, Volume LVIII, Issue 229, 26 August 1938, Page 8

WOODVILLE & DISTRICT

WOODVILLE DAIRY CO. PAST YEAR’S OPERATIONS. The ‘23rd annual report of the Woodville Dairy Co. states that the quantity of cheese manufactured shows a reduction of approximately 7 tons, which is accounted for by the unusually dry summer. Quality has been maintained, about 34 per cent, having been graded finest, the company s cheese being second on the list for the port of Wellington. Costs of manufacture show an increase of .203 d per lb butterfat, owing mainly to Government legislation. ~ “The export cheese was sold to tne Primary Products Marketing Depar - ment at various prices according to grade. The basic price fixed by tne Government at the beginning of t e season was 7.54 d per lb. cheese, later being made up to 7.70 d per lb. final season average pay-out for tne 1936-1937 season was 14.62 d, or including dividend 14.73 d per lb butterfat. The directors recommend that the balance shown in the appropriation account be disposed of as follows: Further payment for season 193/-3» or Id per lb- butterfat, £1340 14s 4d, dividend on paid-up capital at o per cent, per annum, £157 16s hd; store reserve account, £25; rebate to stoie customers on purchases, £l2l 5s “ ’ carried forward, 13s Id; total, £l6oo 9s 2d. The valuation basis for unsold produce is for export cheese Government guaranteed price according o grade, and for cheese for local sale, 74d per lb net. The estimated season average pay-out is 15.99 d, or including diivdend 16.10 d per lb butterfat, the final further payment to suppliers having already been made on the 20th instant. The retiring directors are Messrs P. Harris and 1. A. B. Sinclair, who retire by rotation, and are eligible for re-election,’ the reP °The statistics are as follow, those for the previous Reason appearing m parentheses:— . Pay-out previous year per pound butterfat (season including dividend, 14.6206 d. Pay-out current year per pound butterfat, advance (12.996 d), 14.9906 d; estimated surplus, not' including dividend (,8126d), IOOOOd. Number of suppliers 42), 41; pounds of milk received G -064,ooo\ 6 958,3*20; pounds or butterlat Horn mi1f(330;68 P 6.18), 322,972.07; average butterfat test of milk (4.680 i per cent.), 4.6415 per cent.; total charges, including repairs and depreciation up to fo.b. at per pound butterfat /9Qsnd) 3 183 - Cheesemaking: Pounds of milk (6,864,558), 6,794,606; pounds of butterfat . from milk received over stage for eheesemsmg (no deduction for loss in whey) (330,295.65), 314,486.23; average bur.:eil at test of milk (4.6656 per cent.), 1-6284 per cent.; cheese made (303 tons 2qr. 101 b.), 346 tons 3cwt. 221 b, pounds of milk to make lib cheese (8 6811), 8.7627; pounds of cheese to lib butterfat (2.4689), 2.4656; average grade of cheese (92.40), 92 468 Milk grade percentages: First (99.-8), 98.260; second (.72), 1.|j40. Mj* separated: Pounds ot milk (199.804), 103 714' pounds of butterfat (10,39053) 8485.84; average butterfat tost (5.1988 per cent.), 5.1833 percent. ; pounds butterfat in cream sold (9885.50), 8195.70; pounds of butterfat in whey cream sold (16,660), 16,514.