DAIRYMEN'S LOSSES
FAILURES IN SOUTH CANTERBURY. By Telegraph.—Special to News. Timaru, Last Night. The Timaru Dairy Co., a small proprietary, which some time ago took over the factory but not the, creameries of the South Canterbury Co-operative Co. that failed, has als® failed, entailing a loss to suppliers, whose milk and cream are unpaid for. There have been several'; lively meetings to consider what is ti. be done. The Canterbury Co., of Christchurch, offers to buy cream, and the Taieri and Peninsula Co., of Dunedin, arc offering to take over the business if the suppliers agree to-day at 1 p.m. A meeting of suppliers asked for dohu in winding up the Timaru Co. with a view of resuscitating it. At anothoi meeting, the Taieri and Peninsula Co.'s representatives made proposals, and a committee was set up to consider these and Teport to a future meeting. Strong opposition came from North Otago, the objection being that the Taieri and Peninsula Co. should not be given a monopoly. The Timaru Co. had been drawing cream from that district.
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Taranaki Daily News, Volume LIII, Issue 274, 10 April 1911, Page 5
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176DAIRYMEN'S LOSSES Taranaki Daily News, Volume LIII, Issue 274, 10 April 1911, Page 5
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