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BUTTER FACTORY PAYMENTS.

Sir,—A number of dairy companies are in the habit of stating (hat they have paid so much per pound of butter-fat supplied, but there is a great variation in •he figure.? according (o whether the gross or net pay-out is meant. The only fair statement is to publish the net price paid to the supplier after cream carting, etc., has been deducted. One factory in North Auckland has stated that it lias made an average advance of Is per lb. of butter-fat this season, but on analysing the balance-sheet one finds that the Is was the gross price, and there was a, sum fif ,55d per lb. deducted for cream carting. In fairness to other competing companies the net. pay-out to the supplier should lie slated. Soldier Settler.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19300714.2.134.1

Bibliographic details

New Zealand Herald, Volume LXVII, Issue 20615, 14 July 1930, Page 12

Word Count
131

BUTTER FACTORY PAYMENTS. New Zealand Herald, Volume LXVII, Issue 20615, 14 July 1930, Page 12

BUTTER FACTORY PAYMENTS. New Zealand Herald, Volume LXVII, Issue 20615, 14 July 1930, Page 12