CO-OPERATIVE MARKETING

Evening Post, Volume CXV, Issue 148, 26 June 1933, Page 12

CO-OPERATIVE MARKETING

Mr. E. Harding presided over the thirteenth annual meeting of the New Zealand Producers' Co-op. Marketing Association held* at'Hamilton'oh Thursday. In presenting the directors' report (which had already been published in "The Tost"), Mr. Harding said a record quantity of dairy produce was handled during the 1931-32 Reason, now under review. A total of 160,948 boxes of butter and 110,535 crates of cheese was dealt with, an increase of 48,017 boxes of butter aiyl 30,252 crates of cheese over the total for the previous season.' Unfortunately the ruling market prices during the season were very disappointing, and although a greatly increased quantity of produce was* handled the turnover amounted to only £908,401, an increase of £171,i17 on the ■ previous year. However, quite good results had been achieved; and.in view of the present difficult position in which dairy company suppliers were placed it ha<l been decided to make a cash rebate to consigning-fac-tories on the basis of 2s 4d in the pound of commission paid by shareholders and Is 2d in the pound to non-shareholders. The retiring directors, Messrs. H. D. Forsyth (Taranaki), T. Moss (Wellington), W. Bryant (Otago), and J. Smith (Southland), were declared re-elected, and Mr. Harding was reappointed chairman,