BONUS ON BUTTERFAT
MANAWATU PAYMENTS '£250,000 IMSTR.tBUTED (Per Press Association.) PALMERSTON N., litis day. Dairy supply bon uses for lasi season totalling £250*,000 are being circulated in Palmerston North and the ,surrounding district bv eight butter companies to-day. The distribution is expected to give a. marked stimulus to business. This figure excludes payments by numerous cheese companies. There is a possibility of still further payments when tin 1 proceeds of “be final realisation come to hand, as the London bailer market has now reached 121 s per owl. anil cheese is 70s. As most butter companies took into their balance sheets unsold stocks on the basis of 116 s per cwt. and cheese companies accepted 60s as (lie basis, they have been left with a generous margin.
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Bibliographic details
Poverty Bay Herald, Volume LXIII, Issue 19098, 20 August 1936, Page 6
Word Count
127BONUS ON BUTTERFAT Poverty Bay Herald, Volume LXIII, Issue 19098, 20 August 1936, Page 6
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