CANADA. 



RECENT SUCCESSES OF AGRICUI.TURAL CO-OPERATION 



IN CANADA. 



SOURCES : 



Alberta Co-operators' Annual {Report of the Alberta Farmers' Co-operative Elevator Com- 

 pany) in The Grain Growers' Guide, Winnipeg, 22 November 19 16. 



Saskatchewan Co-opeRj\tive Annual {Report of the Saskatchewan Co-operative Elevator Com- 

 pany) in The Grain Growers' Guide, Winnipeg, 29 November 1916. 



The Grain Growers' Annual {Report of the Grain Growers' Grain Company) in The Grain 

 Growers' Guide 6 Decembei 19 16. 



§ I. Introduction. 



The agricultural year 1915-1916 was exceptional in Canada in the 

 three respects of the high yield, the quality of the crops and the high sell- 

 ing price of grain. These favourable conditions have allowed the three great 

 co-operative organizations of the western provinces to develop ther inter- 

 ior activity, to realize enormous profits, and consequently to gain an enor- 

 mous amount of support in agricidtural circles. 



In the whole world there is nothing comparable to these three organi- 

 zations — the Saskatchewan Co-operative Elevator Compan^^ the Grain 

 Growers' Grain Company in Manitoba and the Alberta Farmers' Co-opera- 

 tive Elevator Company. They include at the present moment more than 

 48,000 shareholders ; the total sum of their assets exceeds $8,000,000 (i) 

 and their paid-up capital in shares is about $2,000,000. 



Last year 90,000,000 bushels of grain, or about a third of the total 

 quantity produced in Canada for the market, passed through their hands. 

 Their profits are represented by hundreds of thousands of pounds. The 

 Manitoba Company realized last year a profit of $775,000, the Saskatche- 

 wan Company one of $757,000 the Alberta Company one of $282,000. 

 Their combined profits amounted therefore to $1,814,000. 



(i) $ I = about 4s I y.td at par ; 



