KAUPOKONUI DAIRY COMPANY

Taranaki Daily News, 2 September 1929, Page 6

KAUPOKONUI DAIRY COMPANY

SEASON’S PAYMENTS Is 7 7-Sd. The Kaupokonui Dairy Company will held its 32nd annual meeting this morning. The directors, in their report, state that butter-fat received during the year shows a small increase over the total of the previous year. The further payment on August 20 brought the payment to Is 7d per lb. butter-fat. Stocks have been *aken into account at a conservative value, allowance being made for shrinkage. The balance in appropriation account will permit a further payment of 7-Sd to be made, but it is hoped this figure will be exceeded. Provision had been made for a dividend of 5 per cent, on paid-up shares. The store department shows ft profit of £3342. The retiring directors are Messrs. S. J. Bennett and J. J. Landers. Mr. Bennett is not seeking re-election. An extraordinary vacancy due to the retirement of Mr. E. R. Putt will also require to be filled. In the manufacturing and marketing account the total receipts are £306,848 6s Id. Milk and cream payments absorb £201,539 Ils 3d, charges to f.o.b. £41,362 18s lOd, and charges after f.o.b. £39,998 6s 2d. A balance of £23,647 9s 10d is carried forward to appropriation account.

The store profit and loss account shows a trading profit of £2049 0s 3d, and bad debts recovered £1293 o<s Bd, a total of £3342 0s lid. This has been appropriated as follows: Bad debts current account, £4O 4s 3d; old accounts written off, £2117 3s 7d; to reserve for doubtful accounts, £650; balance forward, £534 13s Id. The total assets of the store department are assessed at £36,936 3s lOd. The amount of milk received was 64,162,7551 b., this amount having been exceeded on only two occasions in the history of the company —in 1922 and 1923. From this 3108 tons of cheese was made (compared with 3069 tons last year), 126 tons of butter (94 tons last year), and 65 tons of whey butter (73 tons last year). • The complete factory statistics are as follows, the previous year’s figures being in parentheses: Lb. of milk received, 64,162,755 (63,520,559); lb. butter-fat, 2,691,854 (2,647,373); average test, 4.195 (4.167); factory pay-out per lb. butterfat, Is 7 7-Sd (Is 9 3-8 d); number of suppliers. 239 (233); charges to f.0.b., 3.687 d (3.687 d

Used for cheese-making: Lb. milk, 62,915.575 (62,621,795); lb. butter-fat, 2,633,033 (2,602.094); lb. cheese (factory weights), 6,962,215 (6,876,792); lb. of milk to lib. of cheese, 9.03 (9.10); lb. of cheese to Jib. butter-fat, net, 2.578, gratis 2.644 (2.643); average test, 4.185 (4.153); lb. of cheese from 1001 b. of milk, 11.06 (10.98); lb. of butter made, 283,586 (210,833); lb. of butter from 11b. butter-fat, 1.2109 (1.2009).

Whey butter. —Lb. of whey butter, 147,168 (165,536); lb. of whey butter made per ton of cheese, 47.3 (54.2). SUCCESS OF THE FESTIVAL. PUBLIC’S SPLENDID SUPPORT. “The most successful festival since its inauguration eight years ago,” was how Mr. F. W. Horner, chairman of the committee, described the annual Hawera competitions festival, which concluded on Friday night. He stated that the attendances throughout the festival had exceeded expectations and the committee was grateful to the public for its splendid support. Without that support the committee would not have been able to continue.

Competitors, too, had responded magnificently, as the record entries of 725 signified. As many of the entries were those of choirs with up to 25 voices it would be realised what interest the competitions had created in Taranaki. The competitors had practised assiduously for many weeks in an endeavour to attain competition standard, and that the majority had done so and excelled that standard was evidenced from the judges’ remarks and the public’s appreciation.

The committee, he considered, had been, fortunate in its selection of adjudicators. They had worked exceptionally hard and had given up much of their spare time in advising and encouraging performers. They had also remarked on the' splendid spirit displayed by competitors, losers as well as winners. There was no doubt that in the short time the adjudicators had been in Hawera they had done much to elevate and improve the standard of work. The committee, Mr. Horner continued, was very grateful to the official accompaniste, Mrs. McQuin, who not only had accompanied performers on the stage but had done yeoman service behind, encouraging and stimulating the less confident competitors. • The hon. secretary, Mr. T. F. McKenzie, had given splendid service and it was mainly owing to his organising ability that the competitors had run so smoothly. A debt of gratitude was also owing to Messrs. J. C. Findlater and J. W. Velvin, stage manager, who had devoted a week of his annual holidays, to Mrs. Velvin and to the many other voluntary helpers.

In congratulating the committee on the results attained, the musical judge, Mr. Erie R. Moss, had no hesitation in saying that he had never seen competitions conducted in a more efficient manner. His work and that' of the other judges had been greatly expedited and lightened by the thoroughness of the organisation and by attention to detail on the part of the secretary and his staff. Professor Maxwell Walker and Miss Gwen Gibbs also expressed their appreciation of the assistance given them by the committee. The judges were entertained at the conclusion of the festival by members of the committee and the . president of the Male Choir. In proposing the toast of the judges, Mr. A. E. Morris complimented them on their work and said one of essentials of success was the securing of competent judges. That was the only way to raise the standard of performances.