DAIRY COMPANIES.

Pahiatua Herald, Volume XLI, Issue 12439, 4 September 1933, Page 7

DAIRY COMPANIES.

WOODVILLE. The eighteenth annual report of the YVoodville Co-operative Dairy Company if as held recently, the chairman of directors, Mr S. Mclntosh presiding. He stated that the output had been increased by 23 tons. Prices averaged 48s per cwt, and production costs had been reduced as much as possible. The company averaged 4.5 as a milk test for the season, the figure being higher than that of 25 other companies whose reports were to hand. The cost per Jb of butter-fat in getting the company’s cheese to liondon was 0.785 d. Further payments, involving a total of £1321 4s Kid, are to be made as followPayments of 2d per lb on buttertat for March, April and May (£593), Id per lb for February (£125 /s 3a), pi per lb from December, 1932, to July, 1933 (£387 Os 6d), a. dividend of 5 per cent, on paidup capital (£156 13s 3d), stores reserve fund (£4B 11s 2d), leaving a balance of £lO 12s 8d to bo carried forward. The retiring directors, Messrs S. cfiitosh and C. W. Squires, were

R I VER BANK. An increase of 39 tons on the previous year’s output was recorded in the report of the Riverbank Cooperative Dairy Company, Ltd. The season’s output was 409£ tons of cheese, and the average grade per crate was 91.48 points, the com* the extent of t-'ZooU from the exchange, while manufacturing costs had been decreased.

The retiring directors, Messrs J. hi ana ray and H. D. Lovell, were returned unopposed.

MAXJR.ICEVILLE.

The output for the season reached the high level of 1012 tons of butter—an increase of 14 tons as compared with the previous season,” stated the report adopted at the annual meeting of the Mauriceville Dairy Company. “For the third vear in succession, a dry spell has curtailed production in the Lower Wairarapa. The season has been an extremely difficult one. Not for 20 yt?ars have such prices ruledfor dairy produce. The average price on London market fell from 114 s to OfS. During the past few weeks prices have appreciated until to-day 90s per cwt is ruling. It,, is hoped

that these prices will continue and tlms assist to put the industry and the country m a sounder financial position."

Referring to the fact that a Britisli dairy farmers’ representative is at present on his way to New Zealand to discuss the question of butter' and cheese quotas, the report stated that it looked as if the Dominion might have to adopt the quota, system. 1 ‘To-day, therefore,” added the report, is more necessary than ever before to buy British goods—we must support the country 'that buys our butter and cheese.”

The retiring directors, Messrs Donald and Rogers, were re-elected, ana Mr A. Keith was re-appointed auditor. Mr V. K. Lemberg was reelected chairman of directors for a further term.