There has been a rumour to effect that Peninsula factories would not be able to pay out to suppliers on November 20 their usual cheques, as arrangements could not be made with the J3ank. This is quite incorrect, as the directors have been able to arrange tbe matter without any difficulty, and farmers will be paid if the strike continues to hold up the output The German Bay Direc tora on Monday night made arrange meats to increase their guarantee at the Bank from J6500 to £1400 to meet the situation. Considering the financial position of tbe directors of the factories, the arrangement was bound to be made, as the stopping of the usual payments to suppliers would be a V9ry unfortunate state of affairs,
THE CASING TROUBLE.
Tbe want of casing is becoming acute, and the Le Bon's factory has almost run out, while none of the fac tories bWe a large supply on band. It is hoped that the shipment which is at present in Wellington will soon be be brought down to the Peninsula.
OK AIM'S BAY FACTORY,
The Okain's Bay Factory is at present receiving 2900 gallons ot milk daily. Forty-one cheese are being turned out. About 210 oases of cheese have already been shipped, and are on their way to the London market, and.there are about 850 cases waiting for shipment and held up by tbe strike. Beaides this there are over 22 tons of cheese loose on the shelves.
BARRY'S BAY FACTORY.
Tbe Barry's Bay Factory has about 35 tons of cheese at the factory. Twenty tons have been sent over the bill to Little River for storage in the cool efcoreg in Lyttelton Thers are already 500 lons in tbe cool stores at Lytteiton and Tiinaru. The factory is receiviDg 8200 gallons of milk daily, and 46 cheese are being turned out.
Permanent link to this item
PENINSULA FACTORIES., Akaroa Mail and Banks Peninsula Advertiser, Volume LXXI, Issue 4349, 14 November 1913
PENINSULA FACTORIES. Akaroa Mail and Banks Peninsula Advertiser, Volume LXXI, Issue 4349, 14 November 1913
Using This Item
Akaroa Mail Co is the copyright owner for the Akaroa Mail. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of Akaroa Mail Co. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.