Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1916-01-27
.|DAHO-OREGON
FRUIT GROWERS
ELECT OFFICERS AND HEAR
COMPREHENSIVE REPORT OF
GENERAL MANAGER
N. ]. HIGLEY.

Rooms Tuesday, January 1s, 1915.
with the following delegates in at
tendance.
D. L. Ingard and A. A. stettler,
Fruitland.
Martin Mayer and E. E. Trayer,
New Plymouth.
N. B. Barnes, B. B. Davis. En-
nett.
T. ]. Beckwith and A. ]. shearer.
Payette.
F. B. suplee, Geo. Lattig. woods
Spur.
]. H. Lowell. Chas. Paine, Parma.
W. l. Parsons. e. S. Moss, Cald-
well.
A. J. Krum, G. L. Calkins, Nampa
J. M. Addington, Brogan, Oregon.
H. e. McElroy, Boise.
A. B. Cain, Ontario, Oregon.
Reports from the several districts
Indicate a very good feeling on the
part of the growers and earnest de-
sire for the continuance of the Co
Operative movement and good deal
of enthusiasm manifested as re-
suit of our past years experience. A
good many districts show sub
stantial increase In membership.
The Annual Report of the Gener-
al Manager was read and approved
The financial status of the Associa-
tton as shown in his statement, Is
In most healthy condition and re-
veals some startling facts as to
the efficiency and economy of H.
nancing the past season. The AS
sociation borrowed on the budget
plan $5S, 265.S1, which covered a per-
iod from June 18th to November 20,
1915. The greatest amount borrow
ed. at any time was $22.563.90. this
was on September IA, 1915. The
average time the total amount
was borrowed was 29.5 days which
showed a remarkable rapidity OF
their obligations, not
single note of the Association reach
ing maturity and all were paid in
a record breaking time. The fol-
lowing is taken from the General
report:
FINANCES.
1.-THE financial position Of your AS
ISOLATION was never so good since
its Organization. At the present
time we do not owe single dollar
of money borrowed from the banks
although we borrowed nearly sixty
thousand dollars for this season.
by our methods the term the money
was used was unusually short and
shows very light interest charge
as result. Arrangements We're
made with two large banking insti-
tutions of Spokane whereby the en-
tho needs of this office have been
supplied at a considerable saving
In interest. We are now able to
procure all our requirements at 8
per cent where we have formerly
paid 10 per cent. That financial
system has been worked out whereby
the growers in Southern Idaho can
secure such favorable and ample ac-
from banking institu-
tions five hundred miles away, and
whose officers have no personal &C
quaintance with the growers them
selves, is one of the most remarkable
achievements of our cooperative
and has been spoken OF
by the Government Employees in the
of Farm Markets as the
accomplishment in these
lines by any known undertaking IN
financing in the world;
an achievement that should be al
matter of pride to every grower IN
,hs Organization"
Just before the close OF tae
meeting the following resolution was
adopted:
Be It Resolved, that the Idaho
Oregon Fruit Growers Association IN
It's Annual Meeting at the close OF
he third season OF its existence,
it's Central Marketing
on the good returns
and increased efficiency during the
past season and pledges to the
North Pacific Fruit Distributors, OF
which this Association is an intre-
gal part, its unqualified support,
IN the knowledge that the Dtstrib- I
ltors. have accomplished more than
Ill the other marketing agencies
combined toward the solving of the
marketing problems Of the Fruit
Growers Of the Northwest, and IN
hui confidence that profiting by the
past experience and the undoubted
OF the Distributors in the
the organization is IN posi-