BONUS DISTRIBUTION.
SHANNON DAIRY COY. At a meeting of directors of the Shannon Co-operative Dairy Coy., yesterday, it was decided to make u bonus payment of 277 d. This, together with the average payment for the season of 10.23 d, will bring the final payment to Is Id for the year lor all grades of butter.The amount required for this distribution will he £30,000. The average grade for tlie season is 94 J. The store turnover for the year is £34,000, an increase of £IO.OOO in the last two years. A 2) per cent, rebate on all purchases has been made to shareholders.
The butter output for flic year was 1421 tons, being a record to date. The retiring directors, Messrs G. H. Stiles and W. E. Barber, offer themselves for rc-elcctiou.
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Manawatu Standard, Volume LVI, Issue 202, 16 July 1936, Page 6
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132BONUS DISTRIBUTION. Manawatu Standard, Volume LVI, Issue 202, 16 July 1936, Page 6
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