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Home My WebLink AboutClinton News-Record, 1986-03-19, Page 22UCO .financial. outlook see s bright United Co-operatives of Ontario (UCO) had a net savings of $2,007.000 in fiscal 1985, with sales of $482,694,000, and a gross Margin improvement of 3.2 per cent or $2.3 million states UCO's fiscal 1985 annual report. The report states further that working capital has improved to a positive position of $66,898,000 and that the financial restruc- turing undertaken during fiscal 1985 has resulted in a better opportunity for UCO to continue to make earnings and build finan- cial reserves. t "Our positive position," reports George S. May, chief executive officer, "is a reflection of a number of events". May lists these as the `thard)work and dedication of numerous ® stakeho1Z ers, improved operations and the loyalty and commitment of members and customers". May also credits the turnaround to the restructuring of UCO's financial base, 1983 and 1984 business decisions to sell some assets, and an exceptionally good spring. The $2 million earnings was the first earn- ings for UCO since 1980. Bob Down, UCO president, described the turnaround as "modest and successful. We made a profit and we maintained or increas- pa mgrlrnt chore in mast nnmmnrlitipq despite a generally declining market place. At the same time," he states in the report, "we must be realistic. The turnaround has only begun - there is a long road yet to travel before we have a sound financial base." "However," he adds, "the Board is cer- tain UCO is well positioned to meet member needs." UCO is the largest farm supply and marketing co-operative in Ontario, pro- viding a complete line of farm inputs, in- cluding feed, seed, fertilizer, petroleum and - hardware, through about 100 retail outlets across the province. It also markets livestock and grain. UCO is owned by 48,600 individual members and 45 member co-ops representing another 39,000 members. In discussing future directions, May in- dicated that the improvement was good, but "there is no permanent improvement without significantly better sales trends. In effect we must gain market share from our competitors. This means that if we are to compete effectively, we must build on our strengths. To be competitive, we must take a new look at opportunities in the market place and the competitors we face: We must establish a new leadership in service, pro- ducts, and processing technologies." Come out and be a. wart of a 441 Club Are you interested in cattle psychology, cattle housing systems or handling facilities? If so, then the 4-H Beef Club or 4- H Dairy Club may be just what you are look- ing for. Anyone who is 12 to 21 years of age before Jan. 1, 1986 can become a 4-H member. You don't necessarily have to live on a farm, but you will need access to a beef or dairy animal to join a 4=H calf club. You will learn how to care for and prepare a calf for show. At monthly meetings, you will cover a variety of topics. Beef clubs will discuss handling cattle safely, working chutes, head gates and weigh scales, dehorning and tagg- ing cattle. Dairy clubs will discuss free stalls, tie stalls, heifer and calf housing, milking systems. feed handling and manure XELLA GROTO N.O.V.P.E.R. will be holding a social evening for Master Masons and their Ladies at the Masonic Temple Exeter, Ont. 7:30 pm Saturday March 22, 1986 THE HAVEN Hwy. 8 Clinton 482-3489 Ladies Night THURSDAY, MARCH 20 '86 Exotic Male Dancer FRIDAY and SATURDAY MARCH 21, 22nd Exciting sound and lighting show for your listening and dancing pleasures. NEW MODERATE PRICES! handling. You will also talk about conformation and learn how to judge and give reasons on a class of beef or dairy animals. Senior members are encouraged to develop leadership skills and speaking abilities by assisting with meeting plans and giving presentations. Becoming a 4-H Beef or Dairy Club member will mean you are eligible to take part in a variety of calf shows, judging com- petitions, leadership workshops and other 4- H events. If you or a friend would like to get more details on the 4-H Beef and Dairy Clubs or other 4-H Clubs in you area, contact Richard Hamilton at 482-3428 or 1-800-265-5170. r$ CLIP AND $AVE $1 FREE OUTER LIMITS DOUBLE YOUR MONEY! 4,4e1„,, . $1.00 Plus This Coupon, `%. worth $2.00 in video games 1 Coupon par day per person OUTER LIMITS ARCADE 24 Princess St., Clinton J the Blyth inn SUNDAY DINING Starts MARCH 22. '86 BRUNCH 11:00 am - 2:00 pm ROAST BEEF BUFFET 4 PM - 7 PM REOPENING SUNDAY SPECIAL.., every tenth person will receive their meal free... • e i,. r_.: Licensed under L.L.B.O. Hay Township Recreation Committee MYSTERY BINGO Easter Special Thursday, March 20 Zurich Community Centre Jackpot - $750 must go Bonanza game over $500 Extra Bonus Olde fashioned hams to be won 4 flash games • 1 early bird • 10 regular games • 1 mystery prize Over 82000 1n cash prizes Doors open at 6:30 - Starts at 1:30 sharp Next Bingo April 3 ALL PROCEEDS FOR "NEW" BALL ofAMOND Bring your dabbers No one under 16 allowed to play i'�i:Gitl'&wrbei CLINTON NEWS -RECORD, WEDNESDAY, MARCH 19,1986—Page 21 !N.,i UEi.SI a REAL ESTATE INC. III 1 SUNCOAST MALL 1 397 Baya•1d Road a 00 524.266%ARID ....,• COUNTRY SQUIRE This Is It. The best of all worlds! Serene= country setting, very picturesque, 100 11 acres cash crop land - very prime, Security • on village edge, paved road, 10■ minutes or less to Goderlch, PRI D■ RIGHT • But you'll have to hurry! 1 • ■ • • fa.lj;il.Li ■ Now's The Time - 1 PRICE REDUCED! ■ Near the entrance to park camping ground. Crossroads of the tourist routes in high profile Benmiller! Unlimited"! Commercial potential. Good living ac-■ ■commodations. Additional building site that's worth the asking price alone. Call. ■for full particulars. The office of the Blyth Festival has, re -located in the former Walden's Photography building, next to the Blyth Memorial Hall. Paul Dunlop, husband of artistic director Katherine Kaszas, was recruited to help with the move on March 15. (Mute Narejko photo) SURPRISE BIRTHDAY for ANNIE MacINTYRE Saturday, March 22 2 p.m. p.m. South "Kinloss Church oci Art, m 10 Vele Wide 0-4 Bed'n Breakfast HOSTS WANTED in Clinton Area for KLOMPEN FEEST VISITORS May 16th 8, 17 th suggested charge by hosts:•17. - single '30 - double/per night Also needed: Parking for mobilo homes. suggested` charge '5/night To apply call: Cory Hoak 482-7190 Joan Schoonderwoerd 482-3469. Join us for a special EASTER SMORGASBORD SUNDAY, MARCH 30, 1986 at the WHITE CARNATION Holmesville Serving: 12 noon -2:30 p.m. and 4:30 p.m. -7:30 p.rn. ROAST BEEF and ROAST TURKEY 89 • per person CHILDREN 12 AND UNDER 1/2 PRiCE CATERING TO: WEDDINGS, BANQUETS & PRIVATE PARTIES See us for OUTSIDE CATERING 482-9228 or 524-4133 (after Hours) Buffet Sundays after Easter 4:30.7:00 p.m. Sugaring -Off Benmiller Inn With Robinson's Maple Products Sunday, March 23 11:30am to 2:30pm •buffet pancake breakfast with our own veal sausages •hayrides - •sugaring -off- •tour of Benmiller Inn 9• for adults 9 5 5 00 • for children under 12 ■ l ■ ■ LETT SNE IN UNROOF mit has extras galore! Sunroof in library, cathedral ceiling in living room, 4: ■bedrooms, air conditioning. Call Gori ■ 482-3307. ■ 1 • ■ ■ ■ ■ MULTIPLE LISTING SERVICE • • • dr, •• =�xDr_ess�P- -87-firs Friends [CASEY & FINNEGAN appearing at: --'-- GODERICH DISTRICT COLLEGIATE INSTITUTE 260 South St., Godorich Thursday, March 20., 1986 Tickets may be purchased at: Mary's Sowing Contro, Wuorth Shoos. Vonastra Community Contro, as well as at tho door. Or CaII 524-6421 EIISIER SERL The Lions Club of Clinton's Easter Seal chairman, Steve Fraser advises that once again this year the club will be participating in the Easter Seql Telethon known as Superthon, and will be televised over CKNX. Wingham, Channel 8, on Sunday, March 23rd from 8:00 am to 6:00 pm. The pledge centre once again will be The Royal Bank of Canada, and you may phone in your pledges during that time at 482-3926, and if you wish to phone in with a Pre -Telethon Pledge you may do so on Wednesday, Thursday or Friday 9:00 am to 5:00 pm at 482-3926. There are over 7,000 physically handicapped children in Ontario who are counting on you! They need your help now! For this reason the Easter Seal Society and our Club are (Vain ask- ing for your support. Mr. Fraser stated that in the past the people of Clinton and area have always. given generously, and it is his hope that over $5,000 can be raised jointly between the Faster Seal mailing and this weekend's telethon.