DAIRYING INDUSTRY.

Waikato Times, Volume 110, Issue 18393, 29 July 1931, Page 2

DAIRYING INDUSTRY.

THE CAMBRIDGE COMPANY INCREASE IN PRODUCTION. Despite a dry summer and autumn an increase in production over that of the previous season is disclosed in the annual report of the Cambridge Co-operative Dairy Company. The output for the season just closed was 3260 tons of cheese, 694 tons of butter and 82£ tons'of whey butter. The uncertainty of the trend of prices on the London market for butler and cheese influenced the directors lo adopt a consignment policy throughout the season. After allowing for depreciation on buildings and plant the profit and loss account for the year shows an estimated surplus in the butter account of £7827 and in the cheese account £1276. These will allow, the following final payments to be made:— .Butter suppliers, 1.463 d per lb butter-fat, which, with the average advance payments of 10.375 d per lb., will make the average payment 11.838 d per lb. Cheese suppliers, final payment, .207 d per lb., which with the average advance payments of 10.867 d per lb., will make the average payment for the season 1i.074d. THE BRUNTWOOD COMPANY. A RECORD PRODUCTION. The annual report of the Bruntwood Dairy Company shows the season just closed to be a record one for production and despite a general tightening up In the grading the company had more than held its place in respect of quality. The output of the company was G 49 tons 7 owt. of cheese, advances being made at. the rate of 10.94 d per lb butlerfat. 'l’he directors congratulate the suppliers and manager on winning the grading championship for the province. The unstable world conditions still existing make the strictest economy imperative. The directors recommend a further payment of ,33d per lb butter-fat, brin,gingt the total pay-out for the season to date to ii.27d per lb butterfat. MORRINSVILLE COMPANY. i ANNUAL REPORT. The ninth annual report of the Morrinsville Co-operative Dairy Company records a further large increase in output and number of suppliers. During the season the company manulured 1857 tons of butter, compared with 1577 ions for the previous season, an increase of 280 tons, or 17 per cent. The company’s suppliers increased from 315 to 3GO. The average payment for the season will be J2.252d per pound of butter fat, which the directors consider will compare more than favourably with other companies. ■The final position in payments for the season will be as follows: Average advance, 10.7G2d, cost of collection, .362 d; bonus of 4d paid hi July 15, .300 d bonus of nine-six-teenths of a penny due, ,562 d; dividend on share capital of six per cent., .OGGd; total, 12.252 d per pound. Although the Increase in output was not as large as that recorded in the previous season, it was to be remembered that weather 'conditions were not so good and militated against the full benefit of the large increase of suppliers. Approximately 90 per cent of the butter made was graded finest.