N.Z.D.C., LIMITED

Waikato Times, Volume 98, Issue 15315, 16 August 1923, Page 5

N.Z.D.C., LIMITED

CHEESE GROUP MEETINGS.

PAYMENTS FOR SEASON,

The annual meetjng of the suppliers to the New Zealand Dairy. Company's cheese; factory at Kiwitahi was held yesterday. Mr A. J. Sinclair, assistantmanager, said that during the season just closed 1281 crates had been manufactured. The average test was 3.85, the yieid 2.55, whey cream recovery 5.46. The payments for the season totalled i/7.85d. The suppliers decided to commence the manufacture of cheese from .August 21. A meeting of suppliers to the Rukuhia factory was also held yesterday, and was addressed by Mr A. J. Sinclair, who gave the following particulars: 1882 crates of cheese were manufactured; the average test was 3.71; the yield 2.68; whey gream recovery 4.83. The payments "for the , season totalled l/8.77d A start on v the manufacture of cheese will be made In a few days. .

ELECTION OF DIRECTORS.

MB BLACKETT AT, RUKUHIA,

Mr T. C. Blackett, retiring Director

>ior the South-western Ward of the /■New Zealand ■Go-operative Dairy Com- ■ pany, addressed a meeting of suppliers at Rukuhia last night. Mr Pennikelt presided over a good attendance. Mr Blackett stated he had been a Director since the formation of the Dairy Association over twenty years ago, and during that time he had not missed more than six meetings of the Board. He spoke in high terms of the Directors with whom he had been associated. Dealing with finance,- Mr Blackett said he had always favoured. a conservative policy with regard to capital expenditure, but the increase in the Company's output had been phenomenal and had entailed a considerable amount of expenditure during the past few years. He said lie had not favoured the paying of interest on share capital in a co-operative company, as lie believed that all moneys should be paid to suppliers on a butter-fat basis, provided the Company made arrangements to buy back share capital from "dry" shareholders, lie said the great problem of the .dairyfarmer to-day was the finding of fresh markets for his produce,, and his policy was to see that the New Zealand Dairy Company standardised on

the highest quality of product, manufactured it as efficiently as possible and sold it in the best of the world's

markets. (Applause.) Air Steele referred to the valuable services rendered to the industry in the Waikato by Mr Blackett who, he said, was a Iried and proven man and had always been a consistent friend to the small dairyfarmer. A resolution of thanks and confidence in Mr Blackett was moved by, Mr Steele, seconded by Mr W. It. Roberts, and carried by acclamation.