INGLEWOOD BACON CO.

Stratford Evening Post, Volume XXXXI, Issue 70, 11 October 1920, Page 7

INGLEWOOD BACON CO.

T n the course of lii s address at the annual meeting of the company at Tuple wood on Saturday, the Chairman (Mr A. Morton) gav e some interesting particulars concerning the business for the past year. Last, year, h© they paid out £17,097 for pigs, and their sales .realised £22,623, whereas this year they paid out £25,287, and their sales realised £29,120, there not only being an increase in the quantity handled, but also a higher price paid out. The insurance fund showed a loss, but this was not surprising when they considered that they only deducted Is per pig now where they were paying 9d and lOd, as they did when they paid 4d, sd, aticT6d per lb., whilst the Government compensation remained the same, 2d per lb. Th© directors would take steps to remedy the matter. They had handled 4779 pigs last season, 1.47 per cent, being wholly condemned, and a greater proportion partially condemned, in which they received no compensation. The average weight of baconers wa s 143,33 lbs, as compared with 142,21 lbs, the prev.ous year, there having been a steady increase in the average weight for some years past due to the fact that pigs were exceedingly scarce and dear to buy, causing shareholders to feed th© pigs to top-weight rather than hurry tlum off and purchase others. They had paid out an average pr.ee (including the bonus) exceeding lOd on the whole of the bacon pigs. The average weight of porkers was 92,7 1 Ids, as compared with 91.36 lbs, for the previou s year. During the year they had purchased 476 pigs from non-shareholders. Pigs wore purchased at the various receiving stations as follows: Inglewood 1702 (increas© 453), Toko 754 (increase 215), Smart Road 418 (increase i 5), Stratford 346 (increase 21.1), Douglas 326 (increase 15), Urenui 370 (decrease 90), Waitara 274 (decrease 131), Midhirst 246 (increase 70), Tariki ’ 110 (decrease 70), Okato 116, H i uroa 81, Uruti 46, Eltham 27 (all new stations). The average cost of collection including railage, etc., at all outstations was Is 8.53 d per pig. The three retiring directors, Messrs A. Morton, (1. N. Skelton, and W. H. Were were re-elected unopposed. Mr T. C. H. Nicholls was re-elected auditor.