FARMERS BENEFIT.

Auckland Star, Volume LXIX, Issue 177, 29 July 1938, Page 4

FARMERS BENEFIT.

BUTTERFAT PAYMENTS. PAY-OUT OVER £1,000,000. MANY COMPANIES CONCERNED. (From Our Correspondent.) T . ~ „ HAMILTON, Thursday. The New Zealand Co-operative Dairv Company has announced that it «-m ° out over £999,000 SatlwEr thi. hemic the whole of the deferred pa£ men ; due for the past season, lesVfVoOO £S 1 o7)O i »« rr i n !J' i i le c J om P a ny distributed ±40,000 as a deferred payment of l Ju per pound butterfat yefterdav, this being nearly equal to the total turnor™ of the company for the 1922-23 season when ,t commenced operations! ' Jn P rel7, S p °J. 20% f Cambrid * e company ft,i. i V j* 29 ' oß * to-morrow, and a further deferred payment of £10,158 will be S?9OSn n J he M 3 P lutuI utu r e - A Payment of g 9 *EmS madC t(> th f su of the le Awamutu company last week and a further payment of an equal amount will be made shortly. The Hinuera company Paul out £23,551 on Monday, while the Bruntwood company distributed a supplementary of £5217 to-day. »uppie Ji?s*? c VPe"tive dairy concerns in the district making payment* include the Ragman, Te Aroha-Thames Valley, Norfolk Sunny Park, Tatua and KaWhia cot