NORMANBY DAIRY COMPANY

Taranaki Daily News, 15 July 1929, Page 6

NORMANBY DAIRY COMPANY

THE SEASON’S RESULTS. LONDON MARKET CONDITIONS. In a circular, dated July 13, which the secretary of tho Normanby Co-operative Dairy Factory Company, Limited (Mr. E. K. Cameron) has issued to shareholders, interesting comment is made on the present state of the London market for cheese. The prices ruling on the London market have been low, the circular states, and any companies that were fortunate enough to sell the season's output will hold an advantage over the consigning companies. The position is just the reverse of that ruling at the end of last season, when tho market was running at peak prices, which gave a high average pay-out to companies that had consigned their output. The highest London quotation last week for New Zealand coloured cheese was 925. Twelve months ago cheese sold at Ills, which was the highest price for three years. The Normanby Company sold its season’s make up till December 31 last at 9£d per lb, f.0.b., with 1J per cent, shrinkage, and this has given the company a great advantage. The difference between the price received, and the average price for the shipments during the period covered by tho sale is equal to 2d per lb of butter-fat to suppliers for the whole season.

The pay-out has been brought up to Is 9d per ]b for the whole season, which gives a gross total of £64.644 10s 9d distributed for the season to date as against £50,596 last season and £46.853 in 1926-27 ' The annual meeting of the company i will be held on August 5. The retiring . directors are Mr. F. JV. Atkins and Mr. 1 T. J. Huney. PRODUCTION STATISTICS. The season’s production record is as follows, the figures in parentheses showing the 1927-28 figures:—Total milk received (15,583,4831 b 17,777,5011 b, total butter-fat received (646,8211 b 738,7951 b, milk increase over previous season 14.08 per cent.; butter-fat increase over pre--1 vious season (5.67 per cent.) 14.21 per 1 cent.; average test over cheese period . (4.15) 4.14, yield (2.68) 2.65, grading average (90.62) 90.63, total cheese output (766 tons lOcwt) 864 tons 13cwt, number of suppliers (63) 71, number of cows (2662) 2797, average butter-fat per cow (2431 b 2641 b. CORRESPONDENCE. THE ELECTRIC LIGHT PROBLEM. (To the Editor.) Sir,—l have read with much interest the address given by Mr, L. A. Taylor at a meeting of ratepayers held on Thursday evening last at Hawera, and, being one who is keenly of the opinion that South Taranaki should buy out tho Electric Light Company and thus pave the way for cheaper electricity, I should be grateful for a little of your valuable space to air my views. First, your readers must be convinced that •the speech put forward by Mr. Taylor is his own genuine belief, or is he acting for interested parties? Mr. Taylor is one who convened a meeting of ratepayers to seek information, but instead of being a pupil willing to learn, turns a somersault and becomes a poor’ teacher, trying to get a school together, and after reading his speech through I am satisfied that only those who are unable to think for themselves can digest it. Any ordinary intelligent, man can see for himself that it must pay, and pay handsomely, to take over the company’s undertaking. Mr. Dixon, another speaker, says: —• “Gentlemen, what ever we do must be in the interest of Hawera.” Now can you imagine any public man centring a whole farming district scheme on Hawera only? Does it not appear a dog in the manger attitude to consider only Hawera? Sir, Hawera would be a bigger and better town to-day if it were not for some of her citizens putting Hawera first, second and third into their community interests when they should include and study the whole of South Taranaki, of which Hawera is undoubtedly the centre, Mr. Cameron, another speaker, said: “Why should Hawera pay for a reticulating scheme in districts that are not payable?” Answer, why should people of those district patronise Hawera who live in comfort, even luxury? Community interests lost again—self first, self second, self third, and, if there is anything over,- Hawera self again. For instance, are the Hawera people trying to hold their showgrounds, or are they getting assistance from unreticulated areas of South Taranaki. The question at issue is, should South Taranaki ratepayers buy out the company, and thus pave the way for cheaper electricity, or let the company remain active and reap large dividends for another 25 years, in which time tho ratepayers could have it free The issue is a clearcut business proposition between South Taranaki and the Electric Light Company, not Hawera alone, and every individual should think it out for himself, and not follow a parochial lot of ratepayers in any one town.—l am, etc., ONE OF THE COMMUNITY. Manaia, July 13. BURGLARY AT HAWERA. " | RESTAURANT ENTERED. Burglars were again active in Hawera on Friday night, when the premises of S. Price, restaurant-keeper, High Street, was entered. The attention of the thief or thieves was apparently directed only io the till, from which & turn of oyer £8 was taken. The proprietor left the premises late on Friday night after looking both front and rear doors, but no trace of the method of entry could b® found on Saturday morning, when the theft was discovered,