DAIRY INDUSTRY

Manawatu Standard, Volume LVIII, Issue 230, 27 August 1938, Page 10

DAIRY INDUSTRY

PAPATAWA CO.S REPORT. In presenting the 26th annual report of the Papatawa Co-op. Dairy Co., Ltd., the directors thank suppliers for their assistance in various directions. The report proceeds:—“During the year the Government contract was continued to a certain extent, the remainder of the output being made into cheese or for export or local use. The financial position has been the care of the board, and it is with satisfaction that the directors report that it is excellent. As is customary, the machinery and plant have been kept in an efficient state, and besides this the directors have purchased and installed a Diesel engine. The company have not yet received the full benefit of this, but a certain saving will be made in fuel costs during the season just entered. The price of coal has increased and firewood is most difficult to obtain, so that the justification for jnstalling the new engine will be evident. The manager’s house has been greatly improved, and the surroundings of the factory are also much imnroved. These costs have been borne by the repairs and renewals account and are not recurring. At the end of the season Mr R. Thorne (factory manager) resigned and Mr B. J. Bailey was appointed manager. The company commend the new manager and express the hope that he will remain for many years “Cheese unsold has been valued at the price fixed by the Government, and that for local requirements on the same basis. For the previous year the averago price paid for butterfat was 14.49 d per pound, the estimate being 14.24 d. For the past year the average advance was 13.99 d per pound of butterfat, and there is in the appropriation account 2.16 d per pound. On August 20 a final twopence per pound of butterfat was paid out, so that the average advance received is Is 4d per pound (approximately). Should the undertaking of the Minister of Marketing, to the effect that the cheese factories must receive twopence per pound in advance of butter factories, be given effect to. suppliers will receive a supplementary payment if this monev is available. The retiring directors ‘are Messrs Morgan and Nixon, both of whom are eligible for re-elec-tion and have been nominated.” The 'statistics are as follow, figures for the previous year being given in parentheses: "Payment previous year per pound butterfat, 14.49 d; payment current year per pound butterfat: Advance, 13.97 d ; estimated surplus. 2.16 d; total, 16.13 d; number of suppliers (21). 20; pounds milk received (5,598.822) 5.345,013; pounds of butterfat (250,482) 239,704; average butterfat test (4.47 per cent.) 4.48 per cent.; total charges, including repairs and depreciation up to f.o.b. at per pound butterfat (3.418 d) 3.654 d; pounds of cheese (factory packing weight) (600,092) 568,694; pounds milk to.make lib. cheese (8.99) 9057; pounds cheese to lib. butterfat (2.49} 2.46; average grade of cheese (91.958) 91 663; pounds of butterfat recovered from whey (13,204) 13.502; expressed as percentage of total butterfat received for cheesemaking (5.48) 5.63: milk grade percentages, first (99.846 per cent.) 95.821 per cent.; second (.154 per cent.) 4.179 per cent.