Farmers' Co-operation.
in Object Lesson in Profits. (Per Press Association.) CUIUSTCIiURCIJ, Sept. 3. The annual report of the New Zealand Farmers' Co-operative Association .shows net profits of £22,538, besides £19.')4 balanco from last yean. It way recommended that 0- Vlividond of (> per cent- )>o paid and a bonus of four per cent, on paid capital, with a bonus of fouj per cent, on shareholders' purchases, a bonus to the staff at the same rajjo, a re-fund of 2o per cent, on al} net commissions earned, and to carry £2CHIO to reserve, £IOOO to spe--1 cial fund, and fop contingencies ana doubtful accounts "to 1 write off 10 [>cr ceut. for depreciation..
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https://paperspast.natlib.govt.nz/newspapers/TDN19050902.2.15
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Taranaki Daily News, Volume XLVII, Issue 7915, 2 September 1905, Page 2
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111Farmers' Co-operation. Taranaki Daily News, Volume XLVII, Issue 7915, 2 September 1905, Page 2
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