CHEESE OUTPUT

Waikato Times, Volume 125, Issue 20887, 19 August 1939, Page 8

CHEESE OUTPUT

TOKOROA DECREASE The Tokoroa Co-operative Dairy Company, Limited, experienced a .i'*op in cheese output of 21 tons, the season’s output falling to 489 *ons because of difficult weather conditions. The unshipped export cheese at balance date was valued on the basis of the guaranteed price for the various grades less charges to f.o.b. a fid I cheese for local sales at 83d, states I ihe committee's annual report. Ad- | vance payments to June 3U 1939, on the total of the season’s butterfat averaged 15.926 d a lb. butterfat; and the accounts showed a further balance available for distribution of £1976 2s lid, making the total estimated average return 17.012 d a lb. of bulterfat irrespective of grade. Charges Higher Charges to 1'.0.b. at 3.87 id were higher than last year's figure by .45Gd a lb. butterfat. This was due to higher charges on reduced output, interest and depreciation, to greater expenditure on repairs than usual, and lu wages being higher than for Hie previous year when the tonnage was greater. Extensive factory alterations were completed early in the season, the expenditure, including architect's fees, amounting to £3899. Nearly £BOO was spent on new plant.