PROFITS OF CO-OPERATION.
[BY TELEGRAPH.—PRESS ASSOCIATION.] , Christchurch, Saturday. The seventh annual meeting of the Farmers' Co-operative Association was held to-day. The directors' report stated that the netb balance for the year was £4546. A dividend of 7 per cent, was declared, with a bonus of 3 per cent, on the called-up capital ; 20 per cent, was written off machinery and office furniture, £1000 added to the reserve fund, and the balance carried forward. ■ .
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New Zealand Herald, Volume XXV, Issue 9095, 2 July 1888, Page 5
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73PROFITS OF CO-OPERATION. New Zealand Herald, Volume XXV, Issue 9095, 2 July 1888, Page 5
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