FARMER'S UNION

Dominion, Volume 8, Issue 2334, 16 December 1914, Page 8

FARMER'S UNION

THE- INDENTING DEPARTMENT.' In May, last an important-agreement was entered : into between tHe Wellington Provincial Branoli of the New Zealand Farmers'; Union, and the New Zealand Cooperative ' Distributing Co./ Ltd., whereby .the .company was appointed ;tbe r cdmmercial branch of the Union ;for. AYellington' province. 'is an ■extract 'from the 'Indent ' Department—No • custompr/of,;tlio company 'who is not a financial; member,of the union will be permitted- to- participate in the advantages, of this department which iire-^ "(l),"Thp .company ;will' indent farmers''supplies,'such; as woolpacksl cori-sacks,-'twine, basic slag, • superphosphate,'chemical manures, and other retirements.,, "(2)' ! lndent supplies will, be purchased in the. best-markets of the world, ■ and the. actual. landed cost price charged to the members, plus a minimum commission. • i ''(8)- Branohes will, fromtime to time, bo notified of season's indents. "(4);.-A registration fee of 10s. (not recurring) is to be paid to the company by members, and the full - benefits of this department thereby secured. • ''(5) -At least 250 mombers of the union are required to join this department before it comes into force." Yesterday, at'the annual meeting of the Distributing Co., the following report on the'position was made'l'h'e first indent {basic slag and superphosphate) is now being arranged between the company and the various farmers' union branches. Early in the spring, it was decided, by your directors to mako' a .special issue of shares at p:.r, with'the object of increasing 'the capital of . the company to £15,000, and enable it to extend its wool, hide, and ■skin trade. ; The company's manager had arranged meetings of all the branches of- tlio union throughout the province 4cir the purpose of giving effect to the above. The sudden declaration of Avar, however, completely upset all arrangements, but even with the small amount:of canvassing undertaken, 2000 shares, were subscribed for. 'Early in the New Year a .further canvass for this work will bo resumed. During the year your company was represented at <in important conference of fanners' cooperative companies held in Christchrcli for the purpose of forming a ; fannors! wholesale co-operative Association.. ■; The company's .manager ' was appointed- as one of three delegates to draw up r a draft constitution for the new organisation',' which would doubtless have now been in operation but for .the disturbing influences of warfare. A our.' directors are fully convinced-of-the; immense advantages' of this collective movement, _ which will ..'liable the op-operative institutions throughout New jealand to secure great economics' in i,? Urol l asm ?> as well * s reduced freights, etc;, % -the charter cf resEvery .effort will, be made to achieve this; object at .an early date."