DAIRY FACTORY MEETINGS

Southland Times, Issue 23921, 13 September 1939, Page 3

DAIRY FACTORY MEETINGS

OWARE At the annual meeting of the Oware Dairy Factory. Company, the chairman, Mr J. N. McMillan, presided over a small attendance of shareholders. The annual report stated: — “The payment to suppliers for the season 1937-38 was estimated at 15.75 d pet lb for first grade and 15.25 d per lb for second grade. The actual payment was 16d per lb for first grade and 15.5 d per lb for second grade, making a season average of 15.75 d per lb. Advance payments to suppliers for this season have amounted to 15d per lb for first grade and 14.5 d per lb for second grade, and the estimated season average payout per lb for butterfat (all grades), which should result from the disposal of unsold cheese, is 17.5 d per lb. The valuation of cheese unsold and awaiting shipment is estimated at £5/9/- a crate, while that held in stock at the factory for local sales is estir rated at 7d per lb. “(The season’s output amounted to 120 tons, being a drop of two tons on last year’s figures, due mainly to the loss of a supplier. The directors are ve-y concerned at the continual rise in costs. This year costs per lb of butterfat to f.o.b. have risen from last year’s costs of 3.9940 d to 4.3893 d. “Messrs J. Millar and A. Thomson retire from the directorate by rotation, and being eligible, offer themselves for re-election. The retiring auditors are Messrs Cuthbertson and Osborne and they again offer their services. “Mr A. Grant retains the position of manager and to him and his staff our thanks are due for their efficiency.” The report was adopted.

Messrs J. Millar and A. Thomson were re-elected to the directorate, and Messrs Cuthl -rtson and Osborne were reelected auditors.

FAT CATTLE IN DEMAND AT GORE SALE

The fortnightly Gore stock sale was held yesterday in unpleasant weather, heavy rain falling throughout the auction. There was a good inquiry for prime cattle and values in this section showed an improvement. Prices for fat sheep were about on a par with those ruling at recent sales. There were about half a dozen pens of fat wethers forward and these found a ready market, prices ranging from 30/9 to 35/-. Store sheep were few in number and were not sought after

The feature of the fat cattle entry was the inclusion of another consignment from Mr C. H. Tripp, of Otaraia. Keen interest was shown in this section and good quality prime bullocks sold up to £l9/5/-, this price being secured by Dalgety and Company. Medium to heavy bullocks realized from £l3 to £l6 and lighter sorts sold up to £l4/5/-. Prime well-finished heifers made from £lO/12/6 to £l2/5/- and extra prime cows realized up to £ll/5/-. Sales were:—

Dalgety and Company Limited.—Fat bullocks at £l9/5/-, £l7/5/-, £l6/17/6, £l5/2/6, £l3/7/6, 2 at £l5/7/6, 4 at £l6, 2 at £l4/5/-. 2 fat heifers at £l2/5/-, 4 at £ll/5/-. 1 at £lO/17/6, 2 fat bullocks at £l5, 2 at £l4/2/6, 2 at £l2/12/6, 1 fat cow at £4.

Wright, Stephenson and Company Limited.—One dairy cow at £9/5/-, 1 at £B/10/-, 11 fat wethers at 35/-, 1 at 34/-, 1 fat cow at £9/12/6, 1 fat steer at £5.

National Mortgage and Agency Company, Limited.—One fat cow at £ll, 1 at £lO/10/-, 11 fat wethers at 35/-. Southland Farmers’ Co-operative Association Limited.—Eleven fat wethers at 35/-. J. E. Watson and Company, Limited. —One fat cow at £ll/5/-, 2 fat heifers at £lO/12/6. New Zealand Loan® and Mercantile Company, Limited.—Nine fat wethers at 30/9.