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PLANT FREE OF DEBT

SOUTHLAND DAIRY COMPANY. I POLICY ALWAYS TO CONSIGN. I -i By Telegraph—Press Association. Invercargill, Last The Farmers’ Dairy Federation announced to-day that it was distributing among its suppliers £16,000 as a final bonus payment for the season. The com-' pany states that for seven years ■it has not sold any butter intended for export to England. It has adhered strictly to consigning through one agent. It was also announced that the company’s cash reserve now equalled its capital indebtedness to the bank. and that, after the balance-sheet had been approved, a cheque could be issued to clear the debt and the company would'then have the whole of its property and plant free.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19350904.2.39

Bibliographic details

Taranaki Daily News, 4 September 1935, Page 4

Word Count
116

PLANT FREE OF DEBT Taranaki Daily News, 4 September 1935, Page 4

PLANT FREE OF DEBT Taranaki Daily News, 4 September 1935, Page 4