CO-OPERATIVE ASSOCIATIONS.
Per Press Association. Timaru, Saturday. At the annual meeting of the Farmers' Co-operative Association, the chairman said .the year's business constituted a fresh record. The turn-over was £900,000, and the profit £22,000. Oamaru, Saturday. The annual meeting of the Farmers' Co-operative Association was held today. The directors' report proposed to write oil' 5 per cent form 'office furniture and warehouse fittings, 10 per cent from plant account, to pay a dividend of 7 per cent, pay a bonus of 2>/ 2 per cent on purchase of drapery, ironmongery and groceries, pay a dividend of 5 per eeat on salaries, a refund of 5 per cent of commissions on grain and stock, 25 per cent on horses, place £772 to reserve, which stands at £3300, and carry forward the balance. The net profits for the year were £4013 15s sd. The :e----port was adopted.
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Taranaki Daily News, Volume L, Issue 60, 23 September 1907, Page 2
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145CO-OPERATIVE ASSOCIATIONS. Taranaki Daily News, Volume L, Issue 60, 23 September 1907, Page 2
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