PIG INDUSTRY.
farmers' will carry ox. TAKING OVER PACKING CO.'S BUSINESS. The efforts of the Dairy Farmers' Union to come to the rescue uf the ytew Zealand Meat Packing Company seem about to bear fruit. Last Thursday the representatives of the D.F.U., Messrs P. J. Small, president, N. Campbell and W. S. Carter, conferred with the directors and bank managers of the company, aniT satisfactory arrangements were concluded, whereby a subsidiary company will be formed to carry on for 15 months.’ at a reasonable rent the bacon department of the company’s business in the five cen-
tres The Union will have an option of purchase at the end of the term at a figure satisfactory to the new company.
Tlie business will he carried on by a board representing ihe dairy companies, which will, with Government backing, purchase from the farmers the large number of pigs now ready for market. In the course of a few months the board will decide whether or not it is advisable to buy out the bacon side ol the Packing Company's business. Mr Small and liis colleagues have already approached the directors of several important dairy companies on the coast and found them, without exception, ready to recommend the scheme to the suppliers. In a few days' time the directors of the dairy companies will be asked to call their shareholders together to discuss the position.
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Bibliographic details
Otaki Mail, 22 November 1922, Page 3
Word Count
232PIG INDUSTRY. Otaki Mail, 22 November 1922, Page 3
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