Plains Dairying.

Thames Star, Volume LXIV, Issue 18873, 7 August 1933, Page 2

Plains Dairying.

THE TURUA FACTORY.

THE ANNUAL REPORT. The following is a summary of the report of' the Hauraki Plains Cooperative Dairy Co., Ltd., Turua, which is to be presented at the'annual meeting of shareholders to be held at Turua b'ri'''Thursday:— Dairy produce manufactured by the company for'tlie year ended June 30 comprised 732 tons of cheese, tons of creamery butter and 16 tons of. whey butter, an increase of 59 tons of cheese and a decrease of nine tons of creamery butter iii comparison with the previous season. The directors state in their report that the supply of milk for cheese-making began to fall rather rapidly in the early autumn months, which caused a considerable curtailment in the total output at a time when prices on the London market showed some! improvement. The average grade for cheese for the whole season was 91.57 and for creamery butter, 93118.' The directors sold 850 crates of cheese at a price which, they state, has not up to the time of their report been quite equalled" on the London parity. • The average payment, to both cheese and bUfter r suppEerg for the year to-date, has been 9d'.'per lb/butterfat. A dividend pf' sirpers ir per cent, is recommended on paidcapital. The directors recommend "that at the annual meeting the average payment for the season to cheese suppliers be brought up to lOd. per lb. butterfat and for butter suppliers to 9Jd. per lb. ; In each case, balances;will be available when final surpluses are received on butter and cheese unsold, which : should bring the payments up to 10|d i and lOd per lbi respectively, inclu- ; sive of the dividend on share capital. The retiring: directors are Messrs. H. H. Hicks, C. Dale and C. K; Fox, who retire by rotation and are i eligible for; re-eieeiSom- ' j