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Home My WebLink AboutTimes Advocate, 1989-11-22, Page 31Times -Advocate, November 22, 1989 Page 31 Hensall Co-op has record year, now biggest in Ontario SEAFORTH - The 1989 fiscal year was a record one for the Hen- sall and District Cooperative. President Peter Boersma told the large crowd gathered at the Sea - forth Community Centre on No- vember 16 for the cooperative's annual dinner meeting that com- bined sales and service revenue reached a high of $46,400,000, de- spite severe reductions in elevator volume because of the 1988 drought. Net income was $518,984. During the year, $1,885,000 was spent on fixed asset additions. The" initial development of a new location one and one-quarter miles east of Seaforth now include a grain and bean receiving elevator, seed and chemical warehouse, 80' platform scales and a new tower blender. Major renovations at the Zurich branch upgraded the feed mill, added more lumber storage, and a petroleum depot, trucks and equip- ment. With the acquisition of T.B. Al- len and Allboro Elevators in Lon- desboro and a leased retail feed - farm supply outlet in Wingham earlier this year, the Hensall- based enterpnse became the largest independently -owned farmers co- op in Ontario. An additional 45 acres of land surrounding the elevator was in- cluded in the $3,450,000 purchase All smiles - Earl Wagner, manager of the Hensall and District Co- op, found Cousin Clem (Don Vair) very entertaining. So did the more than 200 attending the Co-op's annual dinner and meeting in the Seaforth Community Centre. Youth Leadership - Janet- McBeath told those attending the Hensall Co-op's annual dinner and meeting about what she and learned while attending the Youth Leadership Camp at Geneva Park. Young couple - Martin and Teresa Van Raay were sponsored by the Hensall Co-op to attend the Young Couples Conference last summer at Geneva Park on Lake Couchiching. CO.OP Exeter District Co- op Closed for Inventory Thursday November 30/89 We are sorry for any inconvenience this may cause our customers • 4 EXETER DISTRICT CO-OP Exeter 235-2081 Ailsa Craig 293-3282 y_.ar-As- __«____.�__ price. This undertaking, described by Hensall Co-op manager Earl Wag- ner as the largest in the company's history, is expected to increase an- nual sales value by about 40 per- cent. Wagner expects total sales volume to reach $65,000,000 in 1989. This came hard on the heels of the opening of a four -dome fertiliz- er -grain storage terminal in Hensall earlier this year. At present 600,000 bushels are housed in three domes, and the fourth holds 200,000 bushels of soybeans." Wagner said the Co-op has re- gained in 1989 the 500,000 bushel volume lost to the '88 drought, not: ing the delivery of grain and beans this year was "gratifying". Extremely high white bean shrink costs meant the elevator di- vision did not realize a profit in 1988, Wagner said. "In 1988, Hensall Co-op operated a total of 12 different profit and loss centres. We are extremely pleased that all departments, with the exception of the elevator this year, are now breaking even or earning a small profit...It appears that the large capital outlays and the diversification program devel- oped over this past number of years is starting to pay dividends for your company," Wagner told the meeting. Members at the meeting ap- proved a 1.75 patronage dividend on eligible member business, a seven percent cash bonus payment Junior Farmers competition STRATFORD - On November 25 over 300 Junior Farmer mem- bers from across the province will be travelling to Stratford to com- pete in Sing Swing '89. This com- petition is one of the highlights of the Junior Farmer year and is open to all members of the provincial Junior Farmers' Association. Sing Swing is a competition that features the various talents of the Junior Farmer members. This year competition includes modern and old time square dancing, vocal groups, choirs, solos, duets, and even a gong show. New events add- ed this year are air band and dirty dancing. Junior Farmer inembers in Perth County have been busy for the past year in organizing this year's com- petition. A record high number of entries has been received which will make for the most entertaining Sing Swing ever! The public is encouraged to attend anytime during the day between 9:00 a.m. and 5:00 p.m. at North, western High School. Proceeds from the day will be donated to the Advanced Agricultural Leadership Program, admission for adults is $3.00 and seniors $2.00, with chil- dren under 12 admitted free. A Showcase of Champions will begin at 7:00 p.m. at the Stratford Coli- seum. . Sing Swing '89 will be an event that you will not want to miss!!! Personalized plates popular WINDSOR - Ontario Transporta- tion Minister William Wrye pre- sented Mr. and Mrs. Alvin A. Smith of Windsor with the 200,000th set of own choice plates today. The plates chosen by the Smith's to honor their 41st wedding Anni- versary read HAD2BU Had To Be You. The reference, Esther Smith said, is to the tune, "It Had To Be You", which was their favor- ite song during their courtship. Personalized plates have grown in popularity since they were first issued in July 1983. Motorists who have ordered these plates have done so to express a point of view, to identify them- selves or to make a whimsical state- ment. In the first year, 17,000 orders were placed. Since then the demand has grown. So far this year, 31,000 sets of personalized plates have been issued. Delivery of personalized licence plates takes about eight weeks. They can be ordered at any licence issuing office for $100. on all Live percent mandatory member loans, and $5 increases in directors' honorariums to $65 for half-day meetings and $90 for all - day sessions. The number of board members was increased from nine to 10 to allow representation from the Lop- desboro area. Robert Anderson, who had been on the board as a non-voting director, was elected to his first term. Peter Boersma, Jim Papple and Barry Taylor were elected to further three-year terms. Henry Venderberg . failed in his first attempt to join the board. Santa Loves our Colour RED TOY SALE See our large selection of quality constructed Case IH toys PARTS VALUE Of THE MONTH TRACTORS Great fun In arabackages. Many tractors to choose from! _ 1 FP 69 .:• t $:, ,Z 5, ago IMPLEMENTS Plows, mixer mills. balers, ■mmonla links and more! .a / i• G9 9 ,v ,.t 6 s,a\0 MINIATURES Great little kid 1 ! Large selection at great values. nghI now! _ f VP 2� Check out our toy "Antique„ Models and Valued- Priced Clothing aVd MR14,1 FARM EQUIPMENT LTD. 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