TAIERI MILK SUPPLY CO.

Stratford Evening Post, Volume XXXI, Issue 62, 27 October 1911, Page 5

TAIERI MILK SUPPLY CO.

BIG DROP IN BUTTES EXPORT. (Per Press Association.) Dunedin, October 26. The twenty-seventh annual meeting of the Taieri and Peninsula Milk Supply Co. was held to-day. About 100 shareholders were present, Mr W. Nicholson presiding. The chairman, in moving the adoption of the report and balance-sheet, said:—“Results ■ for the year show a very marked falling off in the milk supply, owing to continual dryness, and the export of both butter and cheese shows a shrinkage of nearly one-half for the season 1909-10. Wo exported 6948 crates of cheese and 29,600 boxes of butter, and for 1910 to 1911 we exported 4506 crates of cheese and 14,990 boxes of butter. During the past season only 800 boxes of butter and 500 crates of cheese were exported to South Africa, and about ICO boxes of butter to British Columbia. In 1907-8 we exported to South Africa 6025 boxes of butter, but the dry season experienced and the general drawbacks in the way of production have materially altered the conditions. Indications from British Columbia are good for the coming season, but everything in the way of trade will depend upon the climatic conditions. Tho prices realised for the butter exported just covered the advances. The directors are making inquiries with tho object of inaugurating an egg industry as part of the company’s business. Tho outlook for the present season is exceptionally good. Prices for both butter and cheese are high and will enable the company to pay suppliers a good price. The loss to the dairy farmers of tho Dominion owing to the shortage of grass and subsequent decrease of butter, amounted last year to the enormous sum of £360,000.” The chairman intimated that the company intended to avail itself of tho services of the lady chsesemaker engaged by the Government. Tii report and balance-sheet were adopted. Messrs Boldt and Nicholson were reelected directors.