DENMARK - CO-OPERATION AND ASSOCIATION 



Commercial Activity. 



Industrial Activity. 



Coffee Roasting 



Chocolate Making 



Sugar Refining 



Tobacco and Cigar Factory .... 



Rope Making 



Soap Making 



Technical Chemical P'actory 



Knitted Goods Factory 



Spice Milling 



Tea Department 



Total 



Total Operations in Millions of Crowns 



2.49 



0-53 

 0.27 

 0.70 

 0-43 

 0-93 

 0.24 

 0.13 

 0.28 

 0.15 



6.15 



1911 



2.14 

 0.47 

 0.23 

 0.64 

 0.36 

 0.90 

 0.22 

 0.13 

 0.25 

 0.14 



5.48 



1.76 

 0.44 

 0.22 

 0-57 

 0.34 

 0.81 

 0.20 

 0.09 

 0.23 

 0.14 



4.80 



1-57 

 0-39 

 0.19 

 0.52 

 0-34 

 0-73 

 0.17 

 0.08 

 0.19 

 0.13 



4.31 



As we see, there was an increase in the amount of business in every de- 

 partment in 1912, and the profits, which in 1911 were 2,706,000, crs. , amounted 

 in 1912 to 2,846,000 crs., or 140,000 crs. more. But, in comparison with the 

 total business done, the profits were less in 1912 than in 1911, owing to the 

 prices being less favourable. And in 191 2 the associations belonging to 



