HomeMy WebLinkAboutThe Exeter Times-Advocate, 1976-11-25, Page 9 •11•0111.
IN 1977
The Tuckersmith Township Council will transact
business involving more than ONE MILLION dollars
of YOUR moneyffilli So . . .
WILF
SCHNEIDER ,
for TUCKERSMITH TOWNSHIP COUNCIL
and put twenty years of business experience to
work on your council.
VOTE
Times-Advocate, November 25, 1974 Page 9
EXETER CO-OP ANNUAL — The annual meeting of the Exeter District Co-Operative was held Tuesday
night at the Kirkton-Woodham Community Centre, From the left are UCO Zone 7 director Bob Down, retir-
ing president Jock. Stewart and vice-president Howard Hendrick, UCO southern regional manager Bill Deyell
and Exeter branch manager=Jack Schell. I -A photo
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23 WINNERS IN ALL
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WRINVIVOIMORIIIMMISNIIINVIMISMIN4
Winners In
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Elgin Rader, Dashwood 10 Wintario tickets
m of Mush roolto
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TOMATO PASTE
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COMET CLEANSER
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BLEACH 44 oz. $1.72
24 oz. 1.13
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19 oz, 534
22 oz. 44'
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Toms avg. of 22 lbs. 89
Hens 15 lbs. avg. 93;
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BOLOGNA
SALAMI
I HAMBURGER
LARD
Profits down slightly Higher costs blamed
Exeter Co-Op enjoys successful year
•
The net profit for the Eeter
District Co-Operative for the
year ending August 31, 1976 was
$103,906.
President Jack Stewart told more than 200 in attendance at
Tuesday's annual banquet and
meeting at the Kirkton-Woodham
Community Centre that profits
were down about $30,000 from the
previous yearend,
Stewart continued, "as usual In future more money must be
costs =plague your Co-Operative spent on grain storage and, some
and are slightly higher this part-time help hired during peak
year." periods,
During the year just ended Earlier this year UCO in-
little money has been spent on timated they would sell the
capital expenditures, some Brockville plant south of Exeter.
painting has been completed and Your board hoped to be the
plans made for pnrchase of a new purchaser and this might be a
liquid fertilizer applicator for future site for a new elevator,
delivery in early January, 1977, Howeveri.in August UCO decided
not to sell at this time."
During the fiscal year just
ended there was a considerable
drop in value of some goods
particularly feed and fertilizer,
In spite of an increase in tonnage
handled of some of these products
total sales were down a few
thousand dollars from a year ago.
Accounts receivable continue
at an all time high particularly up
to one year. These must be
watched closely in the months to
come. During the corning year
many member loans expire and
we hope these can be renewed
satisfactorily,"
Accounts reveivable currently
stand at $394,633.
Total sales for the year were
$2,729,135. This is a drop of over
$73,000 from 1975, In 1974 sales
were $1,965,564 and in 1973 they
were $1,264,183.
Net income has risen from
$18,313 in 1972 to the all-time high
of $133,269 in 1975 and $103,906
this year,
UCO director for Zone 7, Bob
Down told the gathering the same
pattern for sales and profits took
place this year for the provincial
organization.
Down said UCO had an in-
crease in sales in 1975-76 of 34
million dollars to 292 million, but
the net income dropped from
$7,100,000 to $6,400,000,
He said although the net in-
come figure was down it was the
second highest in history and
enabled UCO to expand greatly
throughout Ontario,
He said a new seed corn plant
was added at Chatham and hoped
announcement of a new two and a
half million bushel grain storage
facility at Windsor would be
made shortly.
In his annual report, Exeter
manager Jack Schell said all
materials for fertilizer were in
good supply and prices would at
least be the same or possibly a
little lower.
He said phosphates would be
down in price but SaSkatchewan
potash would be up considerably
and prices on nitrogerywere not
set as yet,
New plants in Lousiana and
Alberta should make fertilizer
materials more readily
available.
The local manager expects
grass seeds to be in short supply
because of poor harvesting of
these crops in the southern
United States and fairly ex-'
pensive.
During the regular meeting;
Co-Op members approved a
patronage dividend of three,
percent and three cents per
bushel on grain purchases,
A number of new bylaws were
approved to conform with the
recently enacted Co-Op Act of
Ontario.
In the future only five percent
of the membership will be
necessary to requisition a
meeting, In the past it was 10
percent.
The length of time any director
will be allowed in office has been
extended to three-three year
terms and purchases by mem-
bers during the year must reach
a minimum of $200 to be eligible
for patronage dividends.
An election of officers con-
ducted by Bill Deyell, district
supervisor for UCO named John
Oke and Jim Morlock as new
directors for a three year term.
Also re-elected for the same term
was Jack Blair.
The two new directors replace
retiring president Jack Stewart
and vice-president Howard
Hendrick.
Jack Stewart was chairman for
the evening's program. Bill
Deyell presented an award to
manager Jack Schell for 30 years
of service with Co-Op's. He
started in Paisley in 1946.
Other members of the board in
addition to president Jack
Stewart are vice-presidents
Howard Hendrick and Lorne
Ballantyne, secretary Jim
Dougall, Stan Francis, Gerald
McBride, Eric Kints, Elson Lynn
and Jack Blair,
Local NFU group
holds meetings
A meeting of Local 317,
National Farmers' Union was
held Tuesday evening in the
Dashwood Community Centre.
Notices had also been mailed on
two upcoming meetings held
November 17. A day meeting of
Region 3, N.F.U. at the Avion
Motel, Malton from 10:30 a.m. to
5
Its in response to the one held
a few weeks ago when Property
Tax Reform was discussed.
Someone from the Ontario
Government will attend to ex-
plain the proposals in more
detail, the need for property tax
reform based on market values,
It will also include a review of
Ontario's Farm Stabilization Bill
introduced to the Legislative.
A district meeting of the N.F.U.
was also held Wednesday at the
Mitchell Municipal Hall,
Lloyd Willert was nominated to
attend the National Convention in
Edmonton on December 6-10,
Wins reserve
at Royal Winter
Brian McCOnib, RR 3 Ludan,
won the reserve grand cham-
pionship Queen's Guineas with
isCharolaissteer at the recent
Royal Winter Fair in Toronto,
Darrell McComb and Mark
Parnell and David Filson, all of
the IIderton. 4-H Beef Club placed
in the first prize group at the
Royal Winter Fair.
Group of three steers in the
Queen's Otlitleas class Brian and
Darrell McComb of Merton and
Don Stoma of Melbourne won
second,
EXETER 235-1661 433 MAIN ST.
WOMP.OPACCOVUMCC.Ct.C#MgCC#3.(gyr,ccow.crivg.ccfri, Incolcc • 3 Linyd Willert and Gerald
Regier attended a meeting on
October 25 in Woodstock, where
Dr. Murray Miller spoke on land
erosion.
He recommends Soil Savors
and the chisel-plough, but not
used when land is wet. He also
recommends shallow tillage, if
using the mould-board plough.
Local 317 will also send at-
tendants to a six week workshop
in Mitchell by the Hydro Com-
mission. Several meetings have
been attended concerning the
nuclear plants.
Calves bought
by local dealer
Mr. & Mrs. Fred Darling of
Darling's Food Market attended
the Royal Winter Fair Friday,
November 19 and purchased five
of the local 4-H club members
calves sold by auction following
the showing of the Queens
Guineas. There were 441 entries
from 28 counties in this year's
competition. This was 100 more
than had ever shown in the
Queen's Guinea class previously,
Huron County had a total of 20
4-H Club members, eight of these
being from the Exeter calf club
and three from the Kippfield calf
club.
Those from the Exeter club
were Brian Pym, Elaine Pym,
Fred Hern, Murray Stewart,
Dwight Kinsniart, David Kin-
sman, Lyle Kinsman, David
Kinsman and David Rundle and
from the Kippfield Club Les
Coleman, John Coleman and Les
Consitt,
Nine of the local entries ended
up with red ribbons in the first
prize grouping with Les Coleman
finishing in the top eight in the
strong Charolais-Cross class.
Brian Pyra, Fred Bern and Les
Consitt ended up in the top 12 of
the Crossbred class whichhad
over 200 entries with Brian Pym
competing very strongly for the
reserve champion of this class.
Grand Champion of the
Queen's Guineas show was a
black steer shown by Robert
Hasson of Guelph.
The boys and girls from this
area are to be congratulated for
the fine showing they made.