CANTERBURY FARMERS CO-OP. ASSOCIATION OF N.Z. LTD.
(PBES3 ASSOCIATION T___o_JlK.) ; **v^ .. TIMARU. Septembor, itiss The annual meeting ot tho' Caatcr*sJ bury Farmers' Co-op. Association; 'of4 1 ! New Zealand was held at Timaru it«ii|<i day. The chairman of directors (Mr jjfl Talbot) congratulated the slMreholdfclisiVj on the results of the year's! which wore particularly satisfactoqciitsS view of tho completo firo of the Timaru premises, price of wool, the- tightness of -_ thejfj money market, and other adverse >.ti|J|l cumstances. Tho total salesv we|»t£l £1,094,000, being an increase £200,000. Between £14 000 and £15,0@0S was expended on now buildings: _I_eM chairman said future prospects -ppcairf|| od fairly favourable, though not. sucaM as to excite much enthusiasm.; report, proposed to allocate the ■ : :hei#s| profits of £24.267 as : follows 8 per cent., bonus on purchases a; •jjjjejtpgs cent., rebate on commissions cent., bonus to staff, on salaries G"per,S| cent., £3954 added to reserve,; a total of £50,000, .and tho balM%f| carried forward. The freport was: cd. A motion rejecting it until,a-'-Mo|i§| 'equal division, of profits was .negatived. Tho retiring re-electod. .- ."':.'.• g.'V .'•''>;•••'''■ "-W^lfil
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Bibliographic details
Press, Volume LXIV, Issue 13226, 21 September 1908, Page 8
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177CANTERBURY FARMERS CO-OP. ASSOCIATION OF N.Z. LTD. Press, Volume LXIV, Issue 13226, 21 September 1908, Page 8
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