RECORD YEAR FOR P.P.C.S.
(New Zealand Press Association) DUNEDIN. November 4.
The chairman of the Primary Producers’ Co-operative Society, Ltd., Mr J. E. Downes Roberts, announced today that the society had experienced a record year both for throughput and surplus available for distribution.
Throughput had risen to 1,100.060 carcases, which represented an increase of 89.257 carcases, or 8.83 per cent. The surplus available for distribution was £218,155, a record, and was sufficient to permit the declaration of a bonus of 4s 5d for each lamb in excess of every ruling official schedule, to all suppliers in the South Island who had disposed of their fat stock through the P.P.C.S. Shareholders will decide on the distribution of this surplus at the annual general meeting to be Dunedin on Wednesday, November 30.
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Press, Volume XCIX, Issue 29354, 5 November 1960, Page 7
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130RECORD YEAR FOR P.P.C.S. Press, Volume XCIX, Issue 29354, 5 November 1960, Page 7
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