THE SHANNON CO-OPERATIVE DAIRY CO., LTD.

Manawatu Herald, Volume XLVII, Issue 2923, 15 August 1925, Page 2

THE SHANNON CO-OPERATIVE DAIRY CO., LTD.

The seventeenth annual general meeting of the Shannon Co-opera-live Dairy Company. is being held al Shannon to-day. ’the director- report that during the lin -1 season, Hie company has inn i; ■ifa et un-d 7b2f tons ot butter,

being an increase, ql -ill tons over Hie previous year and a record tor I be fact orv.

Tilt' n\'(*r;ii;j* monthly p; tv i non I l () suppliers amounted to Is :>.'2l <l, while prevision is made in Hie lmlM nec-sIICC! for the payment <>i II fin I her penny, making a total of 1 {>.2l for 1 lie si ason. The com-

pj,i!\'- oiilpiil shows an aveni.ee ,if,-ole of IK!, 17> ami an overrun of 20.1 1 per e"iil. ’i’ll'' SIMIV lillsiil.'SS slili eonlilir.es ;o prosper, says the report ami shows a decided im-iea-c in tiunThe sales for the twelve. i,lltamutinied to £30,094, being vase of £2.121, and showing * ,■ coss peoti! of C2,7H">. ami a net! profit of Tins. The amount to eredit oi Proiii and 1-oss Aeeonnt stands at -C2.-Kim of which it is proposed to pay ilie Usual 0 p-v eent. dividend to shareholders. The balance is in he eft fried forward. The '.’Hiring ,licet-lol's are Messrs. !!. 12. Tippler, and \Y. Brown, and bring Mi.gibb , olVeit-d themselves for re-election. following' motion, of whieli due ooiiee was given at lasi annua! meet ing; --•’Tiiii t the 10s premium paid by e.rittilt sh;t t elud-lers on : . : |,ai es lie refunded."