DAIRYING INTERESTS

New Zealand Herald, Volume LXXI, Issue 21885, 22 August 1934, Page 7

DAIRYING INTERESTS

VIEWS OF SUPPLIERS NEW ZEALAND COMPANY MANY REMITS DISCUSSED [from our own correspondent] HAMILTON. Tuesday Various matters affecting the interests of the New Zealand Co-operative Dairy Company, Limited, were discussed at a conference of committee convenors of tho company to-day. Mr. Dynes Fulton, chairman of directors presided. The conference considered a series of remits forwarded by meetings of suppliers' committees in various parts of the company's territory. The remits approved will be brought before tho annual meeting of suppliers to-morrow. A Kumeu remit recommending that cartage contracts be let for periods of five years instead of three years met with the approval of the directors, and was carried, with the addition, "provided that conditions were suitable." Basis 0f Shareholding When a supplier asked that the basis of shares be altered •jrom 701b. of fat per £'l share to 1201b. fat per £1 share, the general manager, Mr. C. J. Parlane, said the directors could not entertain a proposal to increase the standard on which shares were allotted just now, more particularly in view of the fact that their recent decision to resume coal and timber shares really meant that tho suppliers were receiving share capital to the value of £IOO,OOO this year. A recommendation was reccivpcffroin Whangarata that tho dairy industry should be directly represented on the Meat Producers' Board. Mr. Fulton suggested that the Government be recommended to place the export of pigs, boner beef, and bobby calves under tho control of the Dairy Board. Mr. Fulton's suggestion was adopted. The opinion that the difference of id per lb. between superfine and firstgrade butter-fat was too great a disparity was expressed by Mr. A. E. Gillingham (Walton), who suggested that the difference be reduced to id. Some speakers expressed the view that the company's system of grading was too severe, and that it was impossible for farmers to obtain superfine in the winter months. The remit was lost by 90 votes to. G5. Price of Superphosphate

Dissatisfaction with thd price of superphosphate was expressed by Mr. P. H. Saxton (Te Puninea), who suggested that unless the purchasers could secure as a rebate the profit on superphosphate sales, the preseut agreement with the .Challenge Company be terminated. Mr. Fulton said it would be disastrous for the Dairy Company to withdraw from the fertiliser company with which it was associated. The directors were considering th<? question of making new arrangements with regard to the supply of fertiliser.

An amendment was carried asking the directors to make every effort to obtain a direct rebate on fertiliser purchases.

A request that the company arrange for the sale of steam fertilisers was lost by 51 votes to 31. The conference supported the company's policy of free trade with the United Kingdom.

Support was also given to a remit that consideration should be given to reducing the penalty of id per lb. but-ter-fat for under-standard test cream. It was resolved to ask the company to request the Dairy Division to instruct its officers to place an official stamp on every supplier's docket when the supply had been check graded by a Government officer.

TAURANGA ASSOCIATION AMENDMENTS OF ARTICLES [BY TELEGRAPH OWN CORP.ESPON DENT J TAURANGA, Tuesday At an extraordinary general meeting; of shareholders of the Tnuranga Cooperative Dairy Association two resolutions dealing with amendments to the articles of association as passed at a meeting a fortnight previously were confirmed. The first resolution dealt with procedure to bo adopted in connection with the election of directors: The second resolution provides that "dry" shareholders shall not lie permitted to vote for the election of directors. THE ANNUAL SMOKE CONCERT COMPANY'S ORGANISATION [by telegraph—OWN correspondent] HAMILTON, Tuesday There was a record attendance of representatives of the New Zealand C'o-, operative Company's suppliers at the annual smoke concert this evening. Mr. Dynes Fulton, chairman of directors, who presided, extended a cordial welcome to the visitors. He particularly mentioned Mr. J. B. Wright, London manager of Amalgamated Dairies, Limited, Mr. J. R. Fow, Mayor of Hamilton, and Mr. W. M. Singleton, director of the dairy division of the Department of Agriculture, who wero present. Mr. Fulton said that when in London recently he was delighted with the company's organisation in London. Congratulations were extended by Mr. Fow to the farmers present on having survived the last year. He wished the farmers every success. Mr. W. Goodfellow, managing director of-Amalgamated Dairies, Limited, appealed to those present to support the reciprocal trade federation, the objects of which he outlined. He paid a tribute to the excellent work done by Mr. Wright in London. The opinion that the Government's change of attitude toward the quota question was due to the determined stand taken against tiio proposed quota by the suppliers of the company was expressed by the general manager, Mr. C. J. Parlane. He spoke highly of the work of the company's staff and said that the cost of manufacturing butter had been reduced to £9 5s lOd a ton, f.0.b., against £22 in 1922 and £ls six years ago. The reduced cost was equal to Id per lb. butter-fat over the last six years.