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EXCHANGE ON LONDON

DAIRY FARMERS BENEFIT. FEILDING, Friday. Referring to the question of exchange at the annual meeting of shareholders of the Cheltenham Co-op. Dairy Co. yesterday, the chairman (Mr C. G. C. Dormer) mentioned that there had been considerable .criticism, very largely from the towns. However,.he thought that the country had received a tremen-. dous benefit from the raising of the exchange. The position was that something had to be done to help primary producer, and the raising of the exchange was the easiest, fairest and most equitable method. In the case of the Cheltenham Company, the premium was £20,744 16s lid, which represented more than Id per lb. on butter-fat foi the season. Undoubtedly it had occn a considerable benefit in helping suppliers to carry on. —(P.A.)

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https://paperspast.natlib.govt.nz/newspapers/WDT19330819.2.33

Bibliographic details

Wairarapa Daily Times, 19 August 1933, Page 5

Word Count
129

EXCHANGE ON LONDON Wairarapa Daily Times, 19 August 1933, Page 5

EXCHANGE ON LONDON Wairarapa Daily Times, 19 August 1933, Page 5