Woodville Dairy Company

Manawatu Times, Volume 60, Issue 200, 26 August 1935, Page 5

Woodville Dairy Company

ANNUAL REPORT The following report is to be submitted by the directors to tlie annual meeting of tho Woodville Dairy pany:--“Owing to the very dry season our output of cheese shows a decrease, but tho quality is a marked improvement on recent years. It is imperative, with an over-r plied market, that quality should be our aim. The repairs and maintenance account is a good deal higher than usual, but the buildings and plant are now in first-class order, and the money spent will show many savings. The committee of the Woodvilio District Co-operative Society have mado a proposal that we dispose of the company’s store and amalgamate with them. Tho matter will bo open for consideration at the annual meeting. We have sold a much increased quantity of cheese on the ' maraet w.tli satisfactory results, and this can bo still turthcr increased if good qualify is maintained, in the face of an extensive change over from cheese to butte: throughout the country wo must congratulate our suppliers on their continued royalty to their company. We recommend at the balance for disposal as shown by the profit and loss account be appropriated as follows: Further payment of Id per lb outteiTa. for Marc , April and May, 1935, £297 is; further payment of 1-Sd per lb butterfat for season 1934-35, £147 0s lOd; dividend on paid-up capital at 5 per cent, per .amum, £157 6s Gd; store reserve fund, £25; rebate to store customers ou purchases, £4O 5s od; balance to be carried forward, £lB 38s sd. Total, £GSS 12s 23. Tho above two further pay me: .aivo already been made to suppliers ou tho 20th instant. If the unsold cheese realises more than the valuation placed ou it, an additional final payment may be made later. The total average payment for tho season, including tho further payments and dividend, will bo 9.257 d per lb butterfat. The retiring directors are Messrs McGregor and Sinclair, who rotire by rotation, and arc eligible for re-clec-tion. ’ ’

Statistics (It)3IBM figures given in parentheses):—Total pounds of milk received for the season, 6,312,073 (7,110,261); pounds of butterfat content, 282,321.02 (322,866.65); average test, 4.4727 (4.5408); pounds of milk received for cheese manufacture, 6,074,471 (6,928,034); pounds of butterfat content, 270,125.47 (313,700.90); average test, 4.4408 (4.5275); pounds of cheese made, 675,315 (798,266); (301 tons 9e\vt. 2qrs. lllbs) (356 tous 7ewt. lqr. lllbs); pounds of milk to one pound of cheese, 8.9950 (8.6796); pounds of cheese to one pound of butterfat, 2.5000 (2.5446); cost of manufacture f.o.r. Woodville per pound cheese, .725 d (.690d); cost of manufacture f.o.b. Wellington per pound cheese, 1.006<i (.973d); average grade, 92.582 (92.308); pounds of milk received for separation, 237,602 (181,577); pounds of butterfat content, 12,195.55 (9,165.75); average test, 5.1327 (5.0478); cost of handling at per pound butterfat, 1.05 d (1.3 d); cheese equivalent (if all the milk had been manufactured into cheese), 315 tons 1 cwt. Sqrs. Slbs, (366 tc-s 11cwt. 3qrs. 241bs); milk has been received from approximately 931 cows (1016 cows); average butterfat per cow, 3031bs (317 lbs).