CAPE EGMONT DAIRY FACTORY COMPANY, LIMITED.

Taranaki Daily News, Volume XXIII, Issue 270, 15 November 1901, Page 2

CAPE EGMONT DAIRY FACTORY COMPANY, LIMITED.

The following annual report was placed before the shareholders of the above company on the sth iost:

The amount of milk received from all sources was 4,431,6261b5, beiDg 350,1401bs in excels of the previous season's supply. The butter fat was 170,507,702 lbs. The quantity of butter manufactured was 186,71 libs. It took an average of 23'731bs of milk to make lib of butter. After paying advances for all milk received, there remained a gr.s} balance to credit of £-975 58 Id. which, after deducting £l5O 16s 9i for depreciation and £602 lis 2d already paid to shareholders as an additional advance, there remains a balance of £221 17s 2d, which your directors recommend to be divided SB follows:—Id per lb on butter fat received from shareholders from Ist April to 31st Augus f , 1901, which will absorb tbe the sum of £174 2s 9d; 5 per cent interest on paid up shares,£44 lis 7d, leaving a credit balance of £3 2s lOd to be carried forward. This will make the average price pud shareholders 9'221d per lb. butter fat. During the year a new wacer-whetl his been erected. During the past season 50 ne .v shares have been alio'.tad.