DAIRY FACTORY MEETINGS.

Stratford Evening Post, Volume XXIX, Issue 123, 17 July 1911, Page 8

DAIRY FACTORY MEETINGS.

■ ANNUAL REPORTS. The annual reports to be submitted to the annual meetings of shareholders in the Stratford and Midhirst dairy factories aro now in circulation. STRATFORD. The report states; —Your directors have pleasure in presenting to shareholders a satisfactory statement of the year’s operations. The following table will be found interesting:— 1909-10 1910-11

The working account shows a balance of £3791 15s 6d. This will bring the average paid for butter-fat for the year to 10.89 d per lb. The retiring directors are Messrs. J. F. Body, M. Gernhpefer, and E. Marfell, who are eligible for re-election. Messrs. Body and Gernhoefer do not seek re-election. You will also bo asked to elect two directors to fill the vacancies caused by the resignations of Messrs. J. H. Corbett and A. Fanil.' Mr Batey, who has been manager for the past fifteen years, has resigned, and Mr. Wm. Y. Kirknian. of Franktoh' Junction, was appointed to fill the position. In accordance with the refcoinmeindation of the shareholders at last annual meeting, an up-to-dath cream pasteurising plant has been installed at the factory,, at a cost of £550. Mr. T. H. Penn again offers his services as auditor. i; The meet rug will bo held at the Town’ 1 Hall at 11 a.m. on July 31st. MMhirst. The report is as follows:— Your directors have pleasure in presenting their sixteenth annual report and balance-sheet, showing the operations of the company for the past year. Our butter arrived on the Home market in good sound condition, and first quality.* j The manager (Mr. Fritz Kleemann) has, the factory and all creameries in good working order, and up to date. The following figures show the working results :

The, balancoshoct shows a surplus of £4.132 18s lid, which will suffice to make a further payment of 3132nds of aupenny per ]h. on butterfat for the month of September to May, inclusive. The suppliers will then have, boon paid at the following rates:I—June 1 —June 10;,kl, July ll'jd, August 11 dSeptember to March 10 3132nds, April and May 11 15-32nds. Average for season 11.03; cost manufacture 88.58. The following directors retire by rotation ; —Messrs. Alexander Brown, Win. Rogers, and A. J. Perrott. Messrs. Brown and Rogers are eligible for re-election. Mr. Perrott does not seek re-election. You will lie required to appoint an auditor in place of Mr. T. Harry Penn, who again offers his services. The meeting will bo hold in the Mid hirst Public Hall on July 24th, at 12.30 o’clock. Tho following notices of motion ,hnv3 boon given:—By Mv. Win. Hathaway: That for the future shares he allotted on the basis of the average of highest supply during tho

Suppliers' 224 217 Lbs. Milk ... 30,556,322 29,393,560’ Av. Tost ... 3.83 3.81 Lbsi fat 1,170,904 1,122.580 Tibs. Butter 1,343.222 1,304,346 Over -run 14.7 16.1 Milk to But’r 22.74 22.53 Cost 1.003 1.09

1909-10. 1910-11. Milk .1. ■ 25,706,843 27,586,952 Av. test :4.06 4.0 Lbs. fafc 1,042,802 1,120,165 Butter . i..: 1,190,336 1,271,417 Milk to butter. 21.59 21.69 'Over-run ■ 14.15 13.50