DAIRY FACTORIES

Wanganui Chronicle, Volume 74, Issue 187, 10 August 1931, Page 9

DAIRY FACTORIES

ANNUAL MEETINGS HELD I WESTMERE. OKOIA, RAPANUI ; I During this week the \\ cstmerc, j Okoia and Rapanui dairy factories will I hold their annual meetings, 'rhe vrk j of the past year will be reviewed, and j the necessary offices appointed for the ■ coming year. In the report of the chairman of the j Westmere company, Mr J. Robb, the I following appears: “The output of cheese for the sea- • son was 402 tons, and but for the fact j ihat in April it was decided to separate i for the remainder of the season, the | output would have exceeded that of last year. Congratulations are ex tended to our factory ma ager, ... • C. S. Dickson, in obtaining 84 per cent | linest grade, and securing highest , points in grading at this port, thereby ! winning the Harbour Board’s Cup for I the season. “The low prices tn the Home mar- I ket are reflected in the proceeds from | consignments as shown in the accounts, i The sum of £904 5s 9d stands at the ' credit of appropriation account, and ; your directors recommend as follows: I That a further payment be made to j suppliers, making a total to date of | 10.\d per lb for butterfat, absorbing ; £B4O Is 94. leaving a balance undis- ■ tributed of £64 4s, making a total of ' £904 5s 9d. ‘‘.Messrs T. 11. Davison and B. Dawes are retiring directors, and being , eligible, they offer themselves for re- : election. “Mr \V. M. Falconer again offers' himself for re-election to the position i of auditor.'’ The annual general meeting of the . Westmere factory will be held to-mor- ! row at Westmere. Okoia Factory Following is the annual report of the 1 chairman of the Okoia Dairy Company, j Mr T. Alexander, and which will be ; read at the annual meeting on Wed- j nesday:— “Output for season was 653 tons, an ' increase on last season of four tuns. ' Lt was decided to consign the export- ■ able surplus : ’ rough three consigning j agents, viz.. Clements and Sou, Foley . Bros., and Wright, Stephenson an ' Co., i but certain f.o.b. sales were made, re- I ducing the amount consigned. Unsold ! butter at balance date was taken in at J 112 s. An effort was made also to in- I crease local sales, with the result that i 122 tons were sold on the local market. ; Approximately 111 tons were sold f.o.b, i and the balance, 417 tons, consigned. “Realisations averaged as follows:; Consignments 11.44 per lb. Export i sales Is per lb., and local sales Is [ 0.17 d per lb. the average realisation I over all being 11.584 per lb. “Financial Positions and Working, Expenses.—As showing the soundness [ i of the company’s position, it will bo I seen by the balance sheet that the capi- ! j tai and reserves now stand at £9003/ being only £lOOO less than the book | value of the fixed assets, despite the 1 fact that £l4OO was spent in new plant ; during the year. The plant purchased | was a new churn and refrigerator, thus I increasing the factory efficiency and ■ decreasing the expenses of working, the ' latter having reduced io 2.016 per . pound of butterfat, the lowest for j soni s years. “The amount standing in profit and' loss appropriation account; for distri- | bution is £9106 7s 3d. Advances to • suppliers have varied somewhat dur- . ing the year. Tn July Is 3d was ad- ‘ vanced. in August Is. At the end of I the year Is Old was advanced for May j and Juno. It has been decided to re | commend, to suppliers in annual meet- : ing, that a bonus of 2d per pound of ‘ butterfat be paid to all suppliers for • September to April inclusive, and that ; the balance be carried forward. “Directors. Messrs Simon and i Harkness retire from the directorate • by effluxion of time, and being eligible, i offer themselves for re-election. “It will be necessary to elect an ' auditor and fix his remuneration. Rapanui Dairy Company. The. annual report of the Rapanui 1 Dairy Company, which will bo read I I.»K the chairman, Mr G. S. Russell, at ■ the annual meeting on Thursday, states ; inter alia:— “The quantity of cheese manufac.- i lured during the past season was 123 | tons, which was shipped on consign- ' nient. As compared with previous ; years’ realisations on consignments l during the season have been on a much lower level and the pay-out is correspondingly affected. “The amount standing to the credit 1 of appropriation account is £239 l.s lid, and your directors recommend as follows: '. hat a further payment be made to suppliers, making a total to date of lOd per lb of butterfat, absorbing £2lB 19s sd, leaving a balance undistributed of £2O 2s 6d, making a total of £239 Is lid. “Messrs W. D. Low and D. Murchison uro the retiring directors, and being eligible, they offer themselves for reelection. “Mr AV. M. Falconer again offers himself for re-election to the position as auditor.” Rata Dairy Company The twenty-ninth annual meeting of the Kata Co-operative Dairy Company was held at Huntcrville on Saturday. Mr R. G. Dalziell presiding over a large attendance of shareholders. The annual report was adopted as follows: “Output.—The amount uf butter manufactured was 848 tons, 13cwt, an increase of 71 tons 4 cwt on the previous year. With the exception of local sales, the output was sent Home on consignment. The quality has been well up to our usual standard, and very favourable reports have been received from time to time from our London agents. “Herd Testing.—Fewer cows were put under test during the season; two ' groups being worked, as compared with i three groups the previous season. It is I to be regretted that more suppliers have j not availed themselves of this impoi i tant service. The work has been carj ried out satisfactorily. “Directorate.—Six nominations were I received to fill the three vacancies | caused by retirement in accordance with the articles of association. It is with regret that we have to announce that Air W. Hart is not seeking reelection for a further term of office. Mr Hart has completed 21 years’ service as a director of this company, and his knowledge of, and keen interest in the dairying industry in general, and of the working of this company in particular, will be greatly missed. Your directors desire to place on record their' appreciation of his invaluable services during his long term of office, and to

wish him every happiness in his retirement. “Surplus.—The sum’ of £9676 19s is available for distribution, and it is proposed to deal with this a> follows: A. further payment on butter-fat for: —October and November of 2|d per lb; December and January for lid per lb; March, April and May of lid per lb’ September and February of Li per lb; 6 per cent, dividend on paid-up capital A considerable quantity of butter was unsold at date of bala”eing. and this was taken into account at a very con servativo value—we expect to make 3 final payment on butter-fat when thi* is realised.” The balance-sheet was also read and adopted. Election of Officers The election for three directors re ‘lislted as follows: Messrs L. llninniond A. H. Marshall ami A. McDonald, who lake their places on the directorate with Messrs R. G. Dalziell. 11. MuManaway, J. Ross. T. J. Jamieson, IL G. Lewes and A. Henwood. Mr A. J. B. Sicely was elected audiA vote of thanks was accorded Mr W. Hart for his past services as a lirector. Whenuakura Company There' was an attendance uf thirl} to forty supp.iers at tnc annual meeting of the nenuaicura Uuiry r actun ■ Jumpany lic.d lust Saturday at !..e 1 »\ iicnuuKura Hud. Mr E. I’ursuiis presided. ihu report stated that, the average pay-out lor tnc season was tu. ■ m.k and 12d for cream. i'Uc aver j age advance lia 1 been lu.’J4d fur mi k and luid tor cream. louuwing arc Hie statistics fur the season: rounds of milk received, 1u,8(3,9-19; lbs ol uuttcr-iat, muk, 068,ubJ; lbs. uf cream. .>16,507; Jus. of butter-fat, cream, 121,87/; average test, milk, 4.21 b; average test, cream, 38.5; number uf suppliers, 95; total cua»ges up tu f.o.b. ucean steamer, 3.32 d. Cheesemaking: l.’uunds uf milk, 11,295,234; lbs. ol butter-fat, 456,100; lbs. cheese made. 1,217,687 (5-13 tuns llcwt. Oqr. 231 b); lbs uf milk to Jbs ol cheese I 9.27; ibs of cheese to >b. buttcr-lat. 2.67; average test. 4.03. Buttermaking.—founds of mi.k, 4,578.715; lbs ol but ter-fat, milK, 211,982; Jbs. of cream received, 316,507; lbs. of butter-fat, cream, 121,87/; ibs of butter, 181 tons 7cwt. Oqr. 131 b; overrun, 21.86; average cream test. 38.5; average milk test, i.fi; whev butter, 11 tons 3cwt. The chairman, in moving the adop tion of the report and baiunce sheet, stated that the season had been a diffi- ! cult one. for the directors, who had not been sure at times that they hud been in the right. He was glad to say that most times they had been in lac right. Owing to tin* large advancements made during I lie beginning of the seasun, the directors nad found that tnese had tu be vut down as the season went on. Ou the next pay-out on the twentieth of the month, tnerc i would be lAd paid on butter up to October 1. This will make the season’s results comjiarc. satislactordy with most other factories. Ou the question of interest and depreciation, the chairman stated that these for '.his year were as high as they would ever b<‘. Production costs had been cut right down, —it would not be possible to cut them down any more. During the season, the matter of the drainage '•l' the factory waste was brought to the directors’ notice by the owner- of the Jami through which the stream ram The matter had been settled, at a cost of £4OO, which secured the right of drainage for all time. The only con dition attached to this ri.hgt was that the drains from the three properties i through which the factory dram ran would have to be kept open. On th' 1 standard of the. company’s butl'T and cheese, it could take its place with the . best of them. Whenuakura was 6th on the grading list of cheese of tiiosr , 34 factories who sent through Palea. To show how close the grading was ! carried, there wa only _•? differenei’ j between the first six factories, stated Air Parsons. Whenuakura held tin 1 highest grade for butter sent through Patea, and third in grade for whey butter. Mr Parsons made an appeal to all suppliers to send in their best milk. People at Home were not satis lied, with the cheese that was being sent Home, ami it was up to the sup pliers tu see that this was improved, through sending better milk to the factory. No staff could make good cheese with inferior milk. Tin- ma jority were sending in their best re suits, but there were a few who sent in a very poor quality of milk, and these spoilt the effect of the good milk. He thanked the directors for their assistance throughout the year, ami also the secretary and his staff. At one time the secretary did not know whether he was on his Lead or his heels as to where the money was com ing from for a certain pay-out. For one month the directors paid out the lowest bonus for the season in Taranaki. Mr N. Mitchell seconded the adoption of the report and balance-sheet, and it was carried. Ln place of Mr Fhatterton. who was resigning an election took place for a director, Mr J. Hotter being the successful nominee. Messrs C. R. Honeyfield .ijul AV. Back- were re-elected as directors, for a further term of office. Alessrs A’eitch am' Clarke were reelected auditors, at the same remuneration. Directors’ fees for their attendance at meetings was fixed at. the same rate, 10s a meeting. The chairman wa.-' voted an honorar iutn of £s(l, which he accepted on con dition it suffered the 10 per cent. cut. The meeting concluded with votes of thanks to the directors, and to the manager ami his staff.