A Prosperous Association

Hastings Standard, Volume X, Issue 5304, 17 September 1906, Page 3

A Prosperous Association

Ji*er T>ress Association). Oamaru, Fep'emeer 15 At the annua' meeting of the North OcagoTitrmeTs' Co-operative Assockthe annual report was adopt-..!. T - shewed tfcnt the paid-up capital bad increased from £1H,377 to £17,-I*7. A dividend of 7 per cent, wan declared. a bonus of 3i per cent, is to be paid to purchasers of drapery, ironmongery and groceries, 'll per cent, to salaries, a refund ■> per cent, commission on tales of grain, and 90 per cent, on horses and iSIVd 10s 0,1 is to be placed to reserve. After apportioning other sums, tha balance w;:- carried forward. The total sum available for dispesal was i 1002 10s lOd.