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THE J.C . WARD FARMERS' ASSOCIATION.

* 1--IBy Tblboß-lth.) INVEBOABGILL, B_.bxbmbkb 21. The report to be submitted at the annual meeting of the J. G. Ward Farmers' Association, to be held on Ootober 20th, shows that for the twelve months, after providing for all expenses and bad debts, the amount available for distribution is £7728. The shareholders receive a dividend of 10 per oent., a rebate of 25 per cent, off selling oharges, and 2J- per oent. bonus on goods purchased, and 6 per oent. on salaries is to be paid as a bonus to the otaff. It also pays out of the profits £1278 for tho purohase of tbe United Farmers' Agenoy Company's business, and carries £1000 to the reserve fund, and a balance forward to next year's acoount. Over 7000 new shares were subscribed for during the year-

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD18940922.2.20

Bibliographic details

Timaru Herald, Volume LVII, Issue 6062, 22 September 1894, Page 3

Word Count
138

THE J.C. WARD FARMERS' ASSOCIATION. Timaru Herald, Volume LVII, Issue 6062, 22 September 1894, Page 3

THE J.C. WARD FARMERS' ASSOCIATION. Timaru Herald, Volume LVII, Issue 6062, 22 September 1894, Page 3