RKCHiVT SUCCKSSKS OK ACiKICULTURAL CO-OPERATION 



The live stock department which began its activity on i April 1914 

 has since accomplished the business shown by the following table : 



No. of Cars 

 cousigned 



No. of Hogs 



No. of Head 



No. of Slie<:p 



The figures for all the branches of the company's work are equalty 

 interesting. In the first three years 59,222 and 160 carloads of flour and 

 fodder for. live stock and 33,150 and 372 carloads of coal were respectively 

 provided ; and in the first three months of 1916-1917 796 carloads. The 

 quantity of posts provided passed from 75 carloads to 204 in 1915-1916 ; 

 that of twine from 55 carloads in 1914-1915 to 78 in the next 3^ear ; that of 

 lumber and building material from 19 to 42 carloads ; that of wire from 

 13 to 23 carloads. In the first three months of the present season the com- 

 pany received for sale 40 carloads of fruit produced by members. Finally 

 in these three months the co-operative department has delivered 1,003 

 carloads of hay, salt, firewood and other necessaries, as against 96 in the 

 farming season of.1913-1914. 



The co-operative department, of which the principal business has 

 been noted, handled altogether 1,002 cars in the thirteen months ending 31 

 August 1916 and its total turnover was $749,668. 



In order to meet the greatly increased demand for coal in the best 

 possible conditions the company has begun to build coal-sheds at points 

 where there are elevators and a demand among local shareholders. This 

 has enabled an accumulation of large quantities of coal and the regulation 

 of its price. The tentative enterprise has met with complete success, 

 orders for 658 carloads to be delivered to farmers having been received 

 on 15 November 1916, the date of the company's last general meeting. 



The total amount of tlie company's assets on 31 August 1916 was 

 $1,509,496. 



The profits for the year ending at that date were $282,484. to which 

 mxist be added a balance of $36,229 from the previous year. Out of the 

 total sum $175,000 was paid into the general reserve; a dividend of 8 per 

 cent, was paid to the shareholders; $15,000 provided bonuses for the com- 

 pany's agents ; and the Dominion war tax absorbed $60,000. A balance of 

 more than $23,000 remained to carry over to the next year. 



