INFORMATION RELATING TO CO-OPERATION AND ASSOCIATION 



.29 



As regards the section for export this could not discharge its function 

 owing to the embargo on foreign export. The cauliflowers produced were 

 however sold at home in the markets of Upper Italy, to which 715,790 of 

 them or 85 car-loads, having a total value of 60,534 liras, were sent. In 

 the same year a new dryer for cocoons was installed by the societ}^, so that 

 the two driers wliich now exist fully satisfy the demands of members. The 

 society's sales have increased steadily, having realized in 1910-1911 a va- 

 lue of 148,369 liras, in 1911-1912 one of 850,976 liras, in 1912-13 one of 

 1,112,959 liras, in 1913-1914 one of 1,295,731 liras, and in 1914-15 one of 

 1,234,136 liras. 



The society's capital reached at the and of the year in question 

 159,218.82 liras, made up as follows : capital in shares 84,250 liras; ordi- 

 nary reserve fund 55,540.49 liras ; extraordinary reserve fund 19,428.33 

 Hras. The net profits — 55,468.80 hras — were distributed as follows : 

 a) to the shares 5 per cent, of the paid-up capital, 4,205.90 liras ; b) to the 

 orfUnary reserve 70 per cent, of the residue, 35,884.66 liras ; c) to the 

 purchasers 20 per cent., 10,252.76 Hras ; and finally d) 10 per cent, was set 

 aside to provide for new initiative, 5,126.38 Hras. 



The society was able to reach such results thanks to the help obtained 

 from local credit agencies, particularly the Banca Popolare Cooperativa 

 (Popular Co-operative Bank). 



4. THE ACTIVITY OF THE OFFICE OF I^EGAI, ADVICE OF THE " I.EGA NAZIONAI^E 

 DEI/I^E COOPERATIVE ". — La Cooperazione Italiana, organ of tliis league, Milan, 

 no. 1225, 5 Jauuarj' 1917. 



Among the multiple services rendered by this Milanese National League 

 of Co-operative Societies to its federated societies one of the best organ- 

 ized and certainl}^ the most useful is that of affording legal advice. Tliis 

 service is entrusted to an expert who has summarized the activity of his 

 office in the following table : ■ ^ 



