Shannon

Manawatu Times, Volume 60, Issue 196, 21 August 1935, Page 2

Shannon

From Our Own Correspondent. The Mlranul Ping Pong- Club held &'■ combined pihg pong and dance evening on Friday night and. in spito of the stormy weather there was k good attend-' . anco. Ping pong topic the form of a van- ■ kee tournament for men and ladles respectively. The men's matches resulted as follows: — Morgan beat Gillespie, E. Judd, A. Judd, Gong, Charter, Boote. Gillespie beat .1. Anderson, lost to Morgan, V. Judd, Gong and Charter. E. Judd beat Porter and \V. Guerin, J. Anderson. v". Judd beat Gillespie, AV. Guerin. .). Anderson beat Porter and A. Judd. Gong beat Gillespie, A. Judd. Boote. Charter beat Gillespie, Boote. Guy beat AV. Guar.n. Boote beat AV; Guerin, A. Judd. Morgan won with the largest number of games. In the Jadies’ section Mrs Gillespie secured the largest numDer of wins. Both winners were later presented with trophies jby. the president, Mr Gong. - After the tournament supper was dispensed by the lady members. During the interval the president took the opportuni ity of presenting, on behalf of the club, a crystal vase to Mrs Guerin, as a mark oc i appreciation for the great work site had rendered the club. Ke stated that Mr 3 Guerin had given her time unselfishly ' night after night in assisting, and with-, I out taking part in the same itself had thus rendered invaluable Three ! hearty, cheers were then called lor Mr* j Guerin and these were given enthusias--1 tically. Dancing continued until the eariy I hours and was enjoyed by all. Next | Thursday the club will bold a progressive I pais evening, worked on a card system ! and should prove interesting and exciting. , Weather Conditions. Bad weather has been tlie order of ! tilings during the last week. All sou j matches were postponed as well as the ; many proposed trips to the beaches. Du,-- ! ing the week Ml points of rain fell, being the heaviest in one week lor Shannon I for a considerable time. A great deal of I the low-lying country is under water, but none of the roads in the near vicinity of the town are blocked. | Dairy Contpany Year. | Over CO suppliers attended the annual meeting on Saturday of the Shannon ' Dairy Coy., Gtd., at which Mr It. W. Taylor presided. Comment on several aspects of tli* year’s working was made by Mr Stiles, one of the directors, who considered that tile shareholders could well he very satisfied with last season’s results. In its early portion it did not appear very promising, ', put later prices lor butter had risen, en- ' abiing an average pay-out of about led ■■ as against 9.25 d in the previous season. | Also, the weather conditions had improved toward the end of the season. The factory’s manufacture had dropped omy I about three per", cent, when compared i with that of-the previous year. A num- ! her of suppliers, however, had suffered a greater diminution than that. At the previous annual meeting it had been agieed .! that- a bonus be paid, but butter that, had . i been taken info the balance-sheet of that ■1 year did not realise the price estimated * and the total realised was -'IOO short o: what had been expected. A sum of GC.ib i had been carried forward this year. - Quite a number'of suppliers had seen, no , lloubt, that other factories had paid out I about lUd for the season. The Shannon e| company's payment, on the face of tae I I balance-sheet only, was 9.94 d. However - j when the position wus examined luillut, i it would be found that the true pavou; . • was lod. Store rebates for the year had a! amounted to JL”JC:I, and the iree cartage r on stores and farm materials accounted c for another T 300; VIOU had oeen used to g pay off the new factory and a further .1 had been allotted to interest in the - factory building account. These figures u I made a total of £1363, which was the f value of the advantages received, or in - other -words, .125 d per lb. of butteriai. Further, there was an extra bonus pa> - .J ment to be made on September 20 of .OUd per lb. over the season’s supply, making a total of lOd. If the benefits of the traoi ing were taken into account they would j make tho- total 30.125 d. per lb. of butcer- „ fat. However, the actual payment would l be 10d, the other .123 d being received in - service. The balance-sheet showed inter- .. est on an investment of 113025 as V3O. 3 That appeared a small amount until it a was considered that the New Zealand c Producers’ Co-operative Freezing -ComB puny, instead of paying out money, in the 1 last three years had made the payments e in shares, and the factory had received t 247 £5 shares, representing about VI2OO. -j An investment in the Associated Motor- - ists’ Petrol Coy. had brought a dividend e of 10 per cent., and other money returned - about S per cent. Those investments were i. quite sound. The speaker expressed the ;l view tiiat all funds earned in tile years 1 operations should be paid out to the shpe pliers, unless they were required for a . special purpose. One dairy company, as oan instance of that policy, had carrion forward only about £2. There was .strong j competition for supply, said Mr Sums;, i and he urged any of those who lnignt t consider sending their supply elsewhere u to think over carefully all the benefits s they received from the Shannon company and then further review any ucsire to s Messrs R. G. Tippler, A\. H. Smith (rc- * tiring directors), C. H. Spiers and \V. 6. Carter sought election to the boaid of dirt lectors, and Messrs Carter and Smith - tvee elected. , t A vote of tiianks to Mr Tippler was s- passed on the motion of Mr W. E Barb- - er, both he and the chairman speaking in p appi eoiation of Mr Tippler’s work, and all “ the other directors praised Mr Tipplers activities as a local director. Mr Tippler returned thanks fo the support given him in his 15 years of office. On the motion of Mr AA. E. Barber, Messrs Henry Kember and Sons (Wellington) were re-appointed auditors at the same remuneration as previously. Congratulations to the secretary on the control of the store were expressed by Mr G. H. Best and endorsed with accla--3 mation. ~ , Mr AV. James made complimentary ref--1 erence to the gradual increase in the ’’ grading of the butter over the past four ! years. It was now at a very satisfactory ; figure—94.s9l. - 'on the motion of the chairman a vote ‘ of thanks'was paid to the manager and e the factoiy staff. Speaking in support of ’ tiie motion, Mr J. Chrystaji said that tlio ' manager and the staff were largely ros--1 ponsibie for the good state of affairs * shown. The prospects for the coming sea* 1 son were brighter than at the same Bind 1 last year. , . .. • Endorsement was also forlhooimn., from Mr R. J. I,aw. ” in returning thanks, the manager (•> ! ,T. Aim) appealed for the continued ‘ operation of the suppliers. .Speaking tor f the store staff, the secretary snnl that ’ the remarks were greatly appreciated. Ac ;l subsequent meeting of directois -ir Taylor was re-elected chairman.