A PROSPEROUS CONCERN.

Dominion, Volume 7, Issue 1978, 7 February 1914, Page 8

A PROSPEROUS CONCERN.

>■■■ ' ■;■■■■,.- THE, N.Z. CO-OPERATIVE 1 ASSOCIATION OP CANTEBBUBY, . , "'. . LTD. •■ '■/•.. .: . Mutual. aid,.. as.Kropo'tkiti pointed'-out. in a memorable treatise, has coin. one of the driving forces in tide progress l of mankind/- And present-day..' tendencies'. seem to indie.ato clearly that, as. tinie. passoSi co-operative action, and. enterprises will enter mow. largely-'into our-social and industrial life.; In America, "Europej and Australasia we see combinations Of producers' and assdeitttittns of ' consumers jrCwitig up—cooperative' bodies winning for -their members greater .-rewards and benefits than, could be secured -a1k...:for an. example of what is.being done in this direction .we noed not step ■ out side the Dominion; ' Take the ;New Zea* land Farmers' Co-operative Association of .-Canterbury, ■ltd,-,.-whose impressive statement of the resources and. .tamificatitfris of its business ;is published .elsewhere in this issue,'and •'malces interesting rending. . Established .thirty-tiro- years ago, this association of. < farmers has been progressive and prosperous, am| has. a''record of service to. its ' members pf.which it,is proud. With a Head Office and '~Wate,» houses' at, Cashel Street,,. Chfistehutch'; branches- in the, leading towns of 'San-, terb-iiry; and agencies throughout N-eir, Zealand - and Australia; it has facilitated the transmission of the farmer's pio.d'ufe ip- -market, arid; supplied;-'ths hoiisehotd■-.- needs - e-f its''sharchold'ers''aitaV--others..on the -roost-advantageous -term?. ; tt- has. also; conducted with success 'thebusiness of Auctioneers;' Land and 'Estate Agents,■ up'jtoy&to/registfffs betngkopt'of properties in-all parts of the Doftj-inion, All idea. of. the; substantial natftro of the can/be gathered from, the figurtss. giren in the' statement already referred to. It will'be seen -that the, aggregate turnover to' 31-st July, 1913,'. was- no.less titan n aehieveTnent'!The'authorised Capital <vf .this Company is half of which lias been stib- -. scribed, With .£mM still, to be- called up.- The Reserve Fund -is.credited with 4f ifiilj.lnl; , ThV. speaks. Well f<ir the caution and foresight with .which this 1 content is .governed./and "gives prorated of a future.of increasing prosperity. '.