PIG INDUSTRY.

Shannon News, 21 November 1922, Page 3

PIG INDUSTRY.

FARMERS WILL CARRY ON. TAKING OVER PACKING CO.’S BUSINESS. The efforts of the Dairy Farmers’ Union to come to the rescue of the New Zealand Meat Packing Company seem about to bear fruit. East Thursday the representatives of the D.F.C., Messrs P. J. Small, president, N. ■Campbell and W. S. Carter, conlerred' with the directors and bank managers of the' company, ana satisfactory arrangements were concluded, whereby a subsidiary company will be formeu 'to carry .on for 15 months’ at a reasonable rent, the bacon department’of the company’s business in the five centres The. Union will have an option oi purchase at the end of -the term at a figure satisfactory to the’new company. The business will be carried on by a board representing the daily- 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 baron side of the Packing Company’s business. Mr Small and his colleagues have already approached the directors oi 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 he asked to call their shareholders together to discuss the position.