Dairy Industry

Manawatu Times, Volume 66, Issue 192, 14 August 1941, Page 7

Dairy Industry

KAIRANGA COMPANY'S SEASON ‘‘The season was particularly favourable as far as the production of butter and cheese is concerned/' states the report of the chairman of directors of the Kairanga Dairy Company (Mr. J. Devine), to be presented to the annual meeting of shareholders. The report, the company's 34th, proceeds: ‘‘The total quantity of butterfat received shows a decrease of 31,2791 b on the preceding season, and this has been Drought aoout through the Government's request for the manufacture of an additional 15,U00 tons of cheese to meet the United Kingdom’s requirements. It is pleasing to report that our butter suppliers have made a large contribution towards the production of the extra cheese, and they have to bo congratulated for their co-operation in this matter. During the season 652,65610 of butterfat were transierred by our butter suppliers to cheese manufacture; -95,5481 b coming into our own cheese factories and 3b/,loßi>b going to other cheese companies within our cream collection area. This huge loss is partly offset by the quantity of 45,6451'd butterfat received from the suppliers transferred from other butter companies to our Longourn. and Fitzherbert cheese factories. Nevertheless, the production was equal to a decrease of 31.8 per cent, for creamery butter, and increases of 41.07 per cent, for whey butter aud 113.5 per cent, for cheese. The average grades of exported produce compare ravourably with those of last season, and oqco again we appeal to all suppliers to endeavour to improve the quality of their milk and cream so as to enaolo us to manufacture higher grading butter and cheese. The company's financial position continues to be very sound indeed, and another successful season has been completed. A further increase is shown in the sales through the store trading department, and we desire to thank all suppliers for their continued support, which shows they are realising more fully the advantages of supporting this department of the company. Large quantities of produce remain unsold. The stocks of export whey butter have been valued ou the basis of the Government's guaranteed price, according to grade, ana stocks of butter aud cheese held for local sales have been valued ou a parity with the Government's internal marketing prices. The final payments made per pound butterfat supplied during the 1939-40 season amount to: Longourn butter suppliers, 16.3484 d; whey butter suppliers, 14.67f)5d; Longourn cheese suppliers, 18.7425 d; Fitzheroert cheese suppliers, 17.883 d. The average of advances over all grades made for the year aro: Longburn butter suppliers, 13.9937 d; whey butter suppliers, 11.9934 d; Longburn cheese suppliers, 14.9837 d; Fitzherbert cheese suppliers, 15.1035 d. The balances balances lor appropriation are as follow: Factories accounts, £21,723 10s lOd; store trading department, £I6S7 11s Bd. The directors recommend that the balances be disposed of as follow: In making a further payment of 2.3333 d pel lb fat on all supply received during the year for buttenaaking; a further payment of 2.5625 d per lb fat on all supply received during the year for whey buttermaking; a further payment of 2.8 d per lb fat on ail supply received during the cheesemaking season at the Longourn factory; a further payment of 1.8125 d per lb fat on all supply received during the cheesemaking period from July 1, 1940, to October 31, 1940, and 2.3124 d per lb fat on all supply received during the cheosemaking period from November 1, 1940, to June 30, 1941; at the Fitzherbert cheese factory; a 5 per cent, dividend on paid-up capital amounting to £387 Is lOd; a 4 per cent, rebate on store purchases amounting to approximately £1350; in transferring the balance of the storo appropriation account to the store building reserve alter allowing for the payment of income and social security taxes; to pay income and social security taxes accruing from the factory manufacturing accounts. The payments above mentioned (ou butterfat only) will bring the xactories' averages over all grades to: Longourn butter suppliers, 10.3270 d; whey butter suppliers, 14.5559 d; Longburn cheese suppliers, 17.783 7d; Fitznerbert cheese suppliers, 17.7837; Fitzherbert cheese suppliers, 17.3094 d. The thanks of the shareholders are duo to the management and staff for the efficient manner in which they have carried out their respective duties in the interests of the company. The directors retiring by rotation are Messrs F. J. Judd, D. Howland and B. B. lurcher. Messrs Judd and .Rowland are eligible and offer themselves for reelection, but Mr. Zurchcr has announced that he will be permanently retiring from the directorate. An extraordinary vacancy has been caused by the resignation of Mr. A. Syverseu, who sold his farm during the season and was no longer a supplier. It is with regret that we accept the resignations of Messrs Syversen and Zurciier, and the directors wish to place on record their appreciation of the valuable Services they have rendered while they have been members of the board. There are therefore four vacancies to be filled. The auditor (Mr. H. J. lioes) retires and offers himself for re-election." Statistics, those for tho 1939-40 season being shown in parentheses:—Total quantity butterfat received, 2,062,9411 b (2,094,2191 b); total quantity butterfat, cream suppliers, 1,063,7981 b (1,549,6081ib); total quantity butterfat, whey cream suppliers, 318,7761 b (226,4911 b); total quantity butterfat, Longburn, 466,9751 b (205,1261 b); total quantity, Fitzherbert, 213,3921 b (122,9941 b); average test, cream suppliers, 39.103 per cent. (38.744 per cent); Longburn, 4.717 per cent. (4.552 per cent); Fitzherbert, 4.714 per cent. (4.631 per cent.). Average cheese yields: Longburn, 2.409 (2.462); Fitzherbert, 2.343 (2.384). Overrun: Creamery butter, 21.6791 per cent (21.5602 per cent.); whey butter, 22.406 per ceut. (22.1011 per cent.). Produce manufacturing: Creamery butter, 569 tons 2 cwt (834 tons 9 cwt); whey butter, 174 tons 3 cwt (123 tons 9 cwt); Longburn cheese, 497 tons 18 cwt (217 tons 14 cwt); Fitzherbert cheese, 223 tons 6 cwt (120 tons 5 cwt). Average produce grades: Creamery butter, 93.837 (94.063); whey butter, 88.825 (88.685); Longburn cheese, 91.435 (91.066); Fitzherbert cheese, 91.737 (91.609).

referred to the forms distributed by the Kairanga County Council in order to have knowledge of certain matters for the benefit of the E.P.S. He hoped suppliers would soon be forthcoming with their replies, as the situation at the present time warranted the support of the emergency scheme. In reviewing the balance-sheet and report, the chairman stated that shareholders and suppliers were to oc congratulated ou the successful state of the affairs of the company over the past year. He congratulated the suppliers on the manner in which they had co-operated with the company in the change-over from butter to cheese-making at the request of the Home Government. “Many of the outside public are not acquainted with tho difficulties imposed upon the suppliers and company as a result of this changeover," he Baid. “I think it is a very fine effort on the part of the new suppliers as they have to arrange for their own cartage. It is pleasing to note, also, that the grade of cheese has improved over the past twelve months. Costs have been considerably reduced, but unfortunately this advantage has been offset by a serious drop in returns from suppliers owing to the unfavourable conditions." Mr. Hansen made mention of the company’s scheme for the washing of cans at the factory with hot water, thus ensuring that the milk would be fresher and more likely to keep. The company realised that it was difficult for farmers to have enough hot water in their sheds for this purpose. In referring to the large payouts on the part of some companies, the chairman stated that in a number of cases such companies did not allow for depreciation or interest on the dividend. Considering that this company made such allowances, the payout to shareholders was very good. Mr. Linklater (a director) commented that the past twelve months were among the best the company had experienced in its. thirty years of existence. The company had experienced hardships, but to-day it was occupying a very important part in the cheese industry of the country. Three directors were elected,, those selected being Messrs. E. Collins, J. Linklater (re-elected) and L. G. D. Holland. The company thanked Mr. S. Knight, who retired, for his long and faithful service. Mr. J. H. Rees was re-elected auditor. The chairman thanked the company 's manager, Mr. W. L. Krivan, for the splendid work he had done for the company, especially during tho changeover. Thanks were also extended to the secretary, Mr. E. B. Jennings. After brief discussion, it was decided that the directors be requested to consider an extra payment to suppliers who have to supply twice daily and that the Minister of Marketing be asked to arrange for a grant to dairy companies to cover the extra cost.

DAIRYING AT APITI The forty-sixth annual report of the Apiti Dairy Company states: —“The output for the season was 284 tons 1 cwt. 961b5., being a decrease of ,3 tons oewt. 691bs. The estimated season average payout quoted in last year’s report was 16.1095 d per lb. butterfat, and this amount has been paid to suppliers. All unsold butter on hand at balance-date has been valued at the Government guaranteed price (allowing for charges). The estimated average payout per lb. butterfat to be made this season is 15.651 d. The directors recommend that the surplus available in the appropriation - account be distributed as follows:—To make a deferred payment of 2.23 d per lb. butterfat supplied for season, £4843 18s 9d; to pay a dividend of per cent, on paid-up share capital, £59 15s 6d; to carry forward a balance, £2O 7s 2d; total, £4924 Is sd. The directors retiring by rotation are Messrs. A. W. Viles end H. C. Mclntyre. Mr. W. J. Osborne, having left the district, has resigned from the board. The nominations received as at July 20 were Messrs. A. W. Viles, H. C. Mclntyre and A. G. Mangham. Mr. Mangham having agreed to continue the term of office held by Mr. W. J. Osborne, it will not now be necessary to bold an election. Mr. A. H. Maguire, auditor, retires and offers himself for re-election. Statistics for 1941 are as follows, with those for 1940 in parentheses:— Payout 1940 per lb. butterfat, 16.1095 d; payout 1941 per lb. butterfat, advance 13.421 d (13.4395 d), estimated surplus, 2.23 d (2.67 d); number of suppliers, 103 (98); pounds of cream, 1,348,678 (1,359,1G9); pounds of butterfat, 521,321 (525,996); average test of butterfat, 38.64 (38.69); total charges including repairs and depreciation up to per lb. butterfat, 2.787 d (2.5518 d); total pounds creamery butter made, 636,368 (643,717); over-run butter made, 22.07 (22.38); average grade of butter, 93.64 (93.50); cream grade percentages, finest 87.75 (91.03), first 11.63 (8.46), second .62 (.51).