NEW ZEALAND DAIRY ASSOCIATION.

Taranaki Herald, Volume LV, Issue 13992, 25 August 1909, Page 2

NEW ZEALAND DAIRY ASSOCIATION.

AUCKLAND. August Sfc _ ™ ninth annual meeting ofthe NewZealand Dairy AsMciatioiTwM held thU •{"•raoon, the chairman of directors, Mr.. Weale? Spragg, presiding. The chairman said the outpuUforthe year had been the largest in the history of v the Association, 4,371,955 lbs of butter * f^fS^i" 11 * 111111 "* 11 "* 1 ' an increase, of 7»*,097 lbs over the previous year. The prices paid to shareholder! had also been record ones. Briefly, thaw had been (all payments included) one ahilhng.and three-eighths of a penny p^jr lb. for alt butter-fat received frok all sourcea for August, and lljd per H». - for the oatutl creamery season far th» largest creamery supply, and 10|d for the smallest creamery supply. The 1 average price Mid all told over all creameries had been 12.12 d for the wintar Bu PPly. and ILOOBd for the spring and autumn. The company's property waa now of a' book value of £49,899. An insurance fund of £1800 had been accumulated, and a reserve fund provided of £3213.