Cheese Factories.
It may prove some little encouragement at the present time when it is being attempted to float a cheese factory company m Cambridge that elsewhere these enterprises ai'e made to become a source o! profit as an in^ vestment to the non-milk-supplying .shareholders. Mr Thos. Morrin, during his recent visit to Waikato, stated that m the case of the first factory company started m Canada, the shares have risen m value from 5 dollars per share, as originally floated; to 50 dollars. It does indeed soem strange that Cambridge, which not wit hout reason assumes the commercial leadership of the. Waikato settlement, and to ba thei centre of th^e first farming district in' Waikato, should be unable to float more than 600 £1 shares m a company the success of which would be so great and. general a benefit, and the more especially a<» only one-half the value of the shares is intended to bewailed up
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Bibliographic details
Manawatu Standard, Volume IV, Issue 245, 12 September 1884, Page 2
Word Count
158Cheese Factories. Manawatu Standard, Volume IV, Issue 245, 12 September 1884, Page 2
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