RECORD PRODUCTION.

Manawatu Standard, Volume LX, Issue 215, 9 August 1940, Page 2

RECORD PRODUCTION.

AWAIIURI COMPANY'S REPORT. Record. production for the Awahuri Dairy . Company was reached last season according to the report of the chairman of the directors (Mr N. Campbell) to be presented to the annual meeting of shareholders. The report states: “The amount of butter made during the year was 105 tons more than last year, being over 1425 tons as compared with 1320 tons for the previous year. This, although due in tho main to the favourable season, especially the latter part of it, can be considered a cause for congratulation as it represents a record for tho company, being £2 tons more than 1934, the previous record year.” Continuing, tho report states:-—“lt i« pleasing to be able to report once again that the grade of our butter is still high, the average grade for the year being 94.460, and it is gratifying to be able to record once again that Reel Rose is still one of the highest graded butters in tho Dominion. The amount of butter manuj factured during the year was 1425 tons ■ 3 cwt. Iqr 19 lb. The average advance ! paid to all suppliers on all grades of cream . during the season was 13.9514 H per lb. | butterfat. A further pay-out of 2.7 d per | lb. butterfat is being made on August 20, | making a total net average of 16.6814 d per lb. A dividend on the paid-up capital is provided for in the appropriation account,. There will bo three vacancies' to be filled on the board of directors at the annual meeting; one owing to the resignation nf Mr Lyons, ' and the other two owing to the retirement in ordinary course of Mr E. (J. Bond, and -Mr J. A. Russell, who arc both eligible for reelection. The retiring auditors, Messrs Dempsy and Litchfield, again offer their services. During the year the company suffered a severe loss in the death of our i late secretary, Mi C. D Frasei. He had | been secretary of the company for 15 years, I years, and had . always proved most cfhI and had ahvays proved most efficient, reliable and capable, the steady progress j made by llie company during that time ; being due in some degree, at least, to in'* I efficient and tactful handling of his important post. The company pays tribute j to his memory and extends its sympathy Ito his relatives The directors appointed j the late Mr C. D. Fraser’s son, Mr T. I K. 1' laser, to succeed him as secretary of 1 the company. The directors wish, un be- | half of the shareholders,. to convey their I best thanks to the secretary, tho manager j and the other members of the staff for the very efficient maimer in which they I have carried out their duties.”

The statistics are as follotv (with the figures for the previous year given in parentheses:—Pay-out previous year per lb hutterfat (season average), 16.7364 d; pay-out. current year per lb.. advance, 13.9814 d, _ hutterfat, surplus, 2.7 d; number of suppliers, 338 (330) ; pounds of cream received, 6,754,6501 b (6,313,8741 b); pounds of hutterfat from cream, 2.629,0781 b (2,433,1701 b.); average hutterfat test of cream, 38.9225 (38.5368); cream graded finest grade, 96.6260 per cent. (96.6249 per cent.) ; cream graded first grade, 3.1339 per cent. (3.2074 per cent.); cream graded second grade, .2401 per cent. (.1677 per cent.); quantity huttcr made. 3,192,5831 b. (2,957,5331 b.); overrun, 21.4260 (21.5630;; average grade butter. 94.460'. (94.684); total charges, including repairs 'and eleprecia-' tion, up to f.o.b. at per pound hutterfat, 1.781 d (1.716)