INFORMATION RELATING TO CO-Ol'KRATION AND ASSOCIATION 25 



UNITED STATES. 



THE CALIFORNIA PEACH GROWERS' ASSOCIATION IN 1916-1917. — From Califorma 

 Fruit Xeivs, VoL 53, No. 1511, San Francisco, 23 June 1917. 



' The business of this important organization brought excellent results 

 in the year which ended on 31 May 1917. The association was able to pay 

 to peach growers an average price of about 6 cents a pound for the fruit they 

 delivered, individual prices varying with size and quality. In addition a 

 dividend of 7 per cent, was paid to shareholders. 



The association's balance-sheet shows that on 31 May 1917 assets 

 amounted to S 1,381,676.74. They included fixed assets representing 

 8x49,533.66 (land, buildings, plant and office equipment), balances in banks 

 amounting to § 299,405.44, peaches in stock representing S 231,793,23, 

 and packing material representing § 25,093.92. Total current liabilities 

 amounted to $421,992.94; and comprised 8334,612.77 due to growers in 

 final settlement, 8 112,518.80 being the balance of ^/g cent paid for each 

 peach delivered, and total issued stock amounting to 8 847,165. The 

 authorized stock amounts to 8 1,000,000. 



