UNITED FARMERS' CO-OPERATIVE ASSOCIATION, LTD.

Dominion, Volume 7, Issue 1917, 27 November 1913, Page 10

UNITED FARMERS' CO-OPERATIVE ASSOCIATION, LTD.

At the annual general Hireling hold in I'alriii'i'stiin North on Monday, November J7, the following amendment was moved by Mr. J. Martin (a former Chairman of Directors) to'tlio motion ■from tlio chair, for tho adoption of the report and balance-sheet: "That tho rcjiort bo referred - back to the directors for a full statement of tho realisation iccoiintahd tho policy' said to he outiined by tlio Jatif chairman, also siviuc; the following particulars: (1) Amount of money received to date from sale of mouei ties and stock oy way of realisawhat 'amount is invested and .it what rate'of interest, to whom is it lent,"'and what is tlu> security? (:i) at what (late ia it intended to wind up the association, and what is the director:;' estimate of the amount per share which they anticipate will be paid?" In moving I his amendment Mr. Martin referred to the .Hoard ol..Directors as more liko a family council than anything else, lii, expressed the opinion •that in the best interests of shareholders the association should ho wound up at'the earliest .possible moment. . In reply the chairman stated that tho £o share should be worth £4, imd that tho.y expected to wind up the association; some.'time next year.. There was a .yuall attendance o! shareholders and tho amendment was negatived.

LIVE STOCK SALES. Messrs. DfllßGty and Company, Limited, report having held their monthly sale at their Otaki yards ou Tuesday. There ivas a heavy yarding of both sheep and cattle. At th» end ot tho day practically every line subiffrtted was disposed of under the hammer. Tho bidding all through was good, and specially keen competition tool; place for any decent lines of 'two-tooUi wethers offered. The tone of the cattle market, was also very sound, cLore cows, yearling heifers, and etecrs allbeiug weir competed for. Some- of the dlw effected are aa under:—Good shorn and fat ewes, 175.; fat woolly ewes, £1 65.: medium twotooth wethers, lie. lOd. to Us. lid.; woollv agedcwcj, with lambs, 19s. 6d.; ismall twotooth wethers, 12s. 7d. Cattle: TUree-vcftV-old sleerp, £5 2-2J-year steers, J34;' 2Uyears, £5 10s.: 15-month empty Heifers, *£S M. fid. lo £.1 IDs.: wealicr heifers, £1 is. to ~1 10s.; well-grown yearling steers, £2 165.good storo cows. £3 lOe. to £<l 65.; medium store cows, £r, 15a. to -£3 -Vs.: good spriii"nig heifers, £4 15s. to £5 IPs.; 2-vear-old dairy heifors, £4 Is. Mossrd. Abraham and Williams, Ltd., import on their Johnnouvillc sale as -foiloivs:—iV. fair yarding of prime biillocka and sheep came forward and sold well at ]a '« ''a-tcs. Prime heavy bullocks. £11 Us. to £12 55.; p-imc bullocks. £10 15s. t<. £11 55.; lighter, £10 7s. 6d. to £10' J2s. 6d.; vealcrs, £1 to £1 4s. to £1 95.; prime heavy wethers, £1 "•?. 3d.; prime wethers, £1 Id.; prime heavy owes, £1 tW lid.; prime cures. 18s. Bd.; rrime heavy woolly ev.es. £1 3s. 9d.; plain shorn ewes. 15s. 4d. to 15s. 3*.; prime lambs, 15s. to 15a. 3d.; medium lambs, lJs. 6d. to 14g. 3d. Messrs. Abraham and William;,' Ltd.. report:-.*!. Otaki, on Tuesday, we hart ;., lair yarding of sheep and a, heavy yardiug of cattle. Late prices were well maintained, and wo lia.vo to report a most successful talc. We o.uotC!-Shorn twotooth owes. 14e. 3d.; shoru two-tooth welhoria, 14s. 6d.; woolly two-tooths (mixed),. 15s. lid.; aged ewes .and lambs, £1 2s. 2d.; fat cows, £.1 195.; forward heifors. £3 18=.; store cows, £2 19?.; cows mid calves, £4 lid., £5. £5 65.; eow-a in call', £5 12a. Gd.; yearling steers. £2 7s. 6d.; ycm-linc heifers, £2 4s. to £2 125.; two-year empty heifers, £3 7.j.,'£3 as. 6d„ £3 125.; -verniers. 17s. 6(1., 2I«. 6d. to, 255.; hulls, £3 7s. 6d., £4 3s. 6d; Jfossi-s. Abraham and Williams. Lid., report on their I'aliiu-tua, stock sale, held on Thursday, as follows:—We had a, small yarding of liheep and a large one of cattle. We havo to report ft- -good sale at price,? ruling, in other centres. Quotations:— Sheep: Two, four, tdx-taoth and f.f.ra. ewes in lamb, £1 Is.; f.f.m. ewes in lamb 'all counted), 10s. 4d.; dry 'ewes. 12s .3d.; fat civcs, £1 2.*.; two-yoar steers. £5; yearling etcers, £3 55.; «rapty cows, £4 65.; fat cows (light!). £4 11s.: dairy Oows. springing. £5 15s. to £6 10s.: others, £4 to £5: 18-montlui Jtcr«fnnl heifers, £3: 15raonths Shorthorn steers, £3 2s. fid.; Yearling heifers, £3 lis. to £3 £<->.; Shorthorn bulls, £2, £2 12s. 6d. to £3 12s. 6d.; Jersey bulls, £2 2s. 6d. to £3 155.; wcaners, 15s. to £1 ss. ,-