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Rossburn Review Newspaper Archives Dec 18 1999, Page 1

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Rossburn Review (Newspaper) - December 18, 1999, Rossburn, Manitoba Sunday Snow and blowing Snow. Low -15 High-10 monday a mix of Sun and Cloud. Low-23 High-18 tuesday Cloudy periods occasional flurries. Low-21 High-14 wednesday a mix of Sun and Cloud. It re it i 8 in o co it in the Rossburn re volume 56 no. 49 saturday december 18, 1999 Rossburn. Manitoba 60c per copy record year for Fol Federated co operatives limited Fol achieved record sales and earnings for the year ended oct. 31. This was the eighth consecutive year that Fol has achieved record earnings. Sales increased by $206 million to $2,531 billion in 1999 from 2.325 billion in 1998. Although All of the commodities handled by Fol contributed to the Strong sales performance food and Petroleum sales experienced the largest increases. Wayne Thompson chief executive officer attributed the sales increases to the strength of the retail co operatives marketing programs and excellent service being provided to their customers. Earnings increased by $9.2 million to $171.4 million in 1999 from $162.2 million in 1998. The major Factor in the increased earnings was the increased sales and strengthening of lumber and plywood Selling prices in the Forest products division. From the earnings of $171.4 million Fol returned $146.9 see �?o$19.9�?� on pm. 2any sir subscription renewal contest still open renew your 2000 subscription to your Community newspaper before january to 2000 and have your name entered to win our grand prize of a deluxe two night package at the Russell inn look for the details and a renewal form in this week s Issue of your paper

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