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SATURDAY, JULY 1, 1989
THEIR LANDINGS IN 1988 IN FISH MARKETS OF THE ORGANISATION AMOUNTED TO 76,000 TONNES AND THEIR VALUE MILLION, REPRESENTING INCREASES OF 10 PER CENT AND 19 THOSE OF 1987.
FISH MARKETING TOTALLED $589 PER CENT OVER
HE SAID: "FISHERMEN'S CO-OPERATIVE SOCIETIES CONTINUED ΤΟ DO WELL. TO DATE, THERE ARE 67 SOCIETIES WITH 2,041 MEMBERS.
"A TOTAL SURPLUS OF SOME $140,000 WAS REGISTERED
IN 1988 AND THE CUMULATIVE REVOLVING LOAN FUND CAPITAL BUILT UP FROM MEMBERS' SAVINGS STOOD AT $6.42 MILLION.
"MEMBERS OBTAINED LOANS AMOUNTING TO SOME $16 MILLION FROM THEIR OWN LOAN FUNDS AND FROM THE LOAN FUNDS ADMINISTERED BY THIS DEPARTMENT TO BUILD NEW FISHING VESSELS, PURCHASE FISHING GEAR AND EQUIPMENT AND TO REPAIR HULLS AND ENGINES."
TURNING TO AGRICULTURAL CO-OPERATIVES, HE SAID THAT OF THE 63,000 TONNES OF LOCAL VEGETABLES MARKETED THROUGH THE VEGETABLE MARKETING ORGANISATION IN 1988-89, ABOUT 46 PER CENT CAME FROM 27 VEGETABLE MARKETING CO-OPERATIVE SOCIETIES.
"THROUGH THE FEDERATION OF VEGETABLE MARKETING CO-OPERATIVE SOCIETIES, CLOSE CONSULTATION AND CO-OPERATION HAVE CONTINUED TO BE MAINTAINED AMONG THE SOCIETIES, THE DEPARTMENT AND THE MARKET MANAGEMENT TO SOLVE PROBLEMS OF MUTUAL CONCERN.
"IN THIS CONNECTION, I WISH TO PAY TRIBUTE TO THE FEDERATION AND ITS MEMBER SOCIETIES FOR THEIR ADVICE AND SUPPORT OF THE NEW MARKET SERVICE TO MONITOR PESTICIDE RESIDUE ON VEGETABLES MARKETED THROUGH THE VEGETABLE MARKETING ORGANISATION, DR LEE SAID, ADDING THAT THE SERVICE WAS WELCOMED BY MARKET USERS.
"
DR LEE SAID THE 26 PIG RAISING AND AGRICULTURAL CREDIT CO-OPERATIVE SOCIETIES HAD CONTINUED TO PLAY AN ACTIVE PART IN PROMOTING LOCAL PIG PRODUCTION BY HELPING THEIR MEMBERS TO UPGRADE BREEDING STOCK AND TO OBTAIN THE LATEST TECHNICAL INFORMATION ON MODERN PIG PRODUCTION.
HE SAID THE FEDERATION OF PIG RAISING CO-OPERATIVE SOCIETIES WAS ACTIVE IN SOLICITING AND REFLECTING MEMBERS' VIEWS ΤΟ THE GOVERNMENT ON PROBLEMS OF KEEPING LIVESTOCK. IT CONTINUED THE BULK PURCHASE OF PIG FEED AND THE JOINT PIG MARKETING SCHEME AT THE CHEUNG SHA WAN ABATTOIR FOR THE BENEFIT OF MEMBERS.
THE DIRECTOR ALSO SPOKE ON THE IMPORTANT ROLE OF FARMERS' CO-OPERATIVES IN THE DISTRIBUTION OF AGRICULTURAL CREDIT.
LOANED WAS
"DURING 1988-89, 38 PER CENT OF THE TOTAL $11.9 MILLION TO FARMERS FROM VARIOUS LOAN FUNDS ADMINISTERED BY THE DEPARTMENT CHANNELLED THROUGH THEIR SOCIETIES.
"AT THE SAME TIME, A TOTAL OF $249,000 FROM THE SOCIETIES OWN REVOLVING LOẠN FUNDS WAS ALSO ISSUED TO MEMBERS TO MEET A WIDE RANGE OF FARM CREDIT NEEDS, HE SAID.
"I
/TURNING TO