ORGANIZATION OF CHEESE Factory ASSOCIATION. 133 
265. Rates for Making. 
In some Canadian stock companies there are two rates 
charged for making the cheese, a stockholders’ rate and a pa- 
trons’ rate, which is higher than the former. The patron is not 
entitled to whey. It belongs to the corporation, to be fed to 
hogs owned by the association, or disposed of as the stockholders 
see fit. Each share of stock entitles the owner to have fifteen 
thousand pounds of milk made up at stockholders’ rates, and 
after that he must either get another share of the stock or pay 
patrons’ rate for all milk made up above that amount. The ob- 
ject of this rule is to make each patron take a financial interest 
in the factory. 
266. Figuring Dividends. 
As is indicated in one of the by-laws the price per pound 
of butter fat should be found, and each patron paid for the 
pounds of fat delivered by him. 
Cheese may be sold each week, but the dividends are made 
for the month. 
The composite samples of milk are saved as described un- 
der the head of milk testing; these are tested once a week. The 
pounds of milk delivered by the patron multiplied by the per 
eent of fat, gives the pounds of fat delivered by him. The 
amount of money left after paying all expenses is then divided 
by the total pounds of fat for the month to get the price per 
pound of fat. The number of pounds of fat delivered 
by each patron, multiplied by the price per pound, gives the 
amount due him. Theoretically, the pounds of milk delivered 
each week should be multiplied by the weekly test, but if the 
tests from week to week are averaged for the month, and 
the average test multiplied by the amount of milk for the 
month, the result will come very close to the amount obtained if 
each week’s fat is found and added together for the month, and 
a large amount of labor will be saved in the calculations. 
If there is a small surplus or shortage of money in figuring, 
it can be added to or subtracted from the next month’s money 
before determining the price per pound. 
