1GG BUSINESS OPERATIONS AND ORGANIZATIONS. 



borrowing money 011 call of men who were most likely to call 

 just when wheat was on the rise. 



Grand Island Grange, which had but thirteen members, in 

 corporated, bought out their only merchant, and established a 

 cooperative store. 



Waterford Grange incorporated May 23d, 1873. A few days 

 later, articles of incorporation were filed at the office of the 

 Secretary of State, for Grangers warehouses at Antelope Sta 

 tion, and at Antioch. Up to the present time, cooperative 

 companies have been formed for storing grain, and warehouses 

 established as follows : 



At Modesto, Stanislaus county; at Merced City, Merced 

 county; at Yuba City, Sutter county; at &quot;Woodland, Yolo 

 county; at Colusa, Colusa county; at Dixon, Solano county; at 

 Antioch, Contra Costa county. In other places warehouses 

 have been leased, and in others they are projected to be built. 

 Before the close of another season, we shall probably see 

 Granger warehouses at Yallejo, Collinsville, Monterey, and 

 other points convenient and accessible to large ships, and also 

 at sundry stations along the lines of railroad in the interior. 

 Thus it will be seen that when the Grangers talk of handling 

 their own products,&quot; they do not mean merely hauling them to 

 town in their own wagons and selling them to the first bidder. 

 &quot; &quot;&quot;They mean a vast system that will secure to the producer a fair 

 price for his crops, and to the consumer the crop at a fair price 

 mutual protection against the impositions and extortions of 

 middle-men. 



There is another class of incorporations, all of which have 

 grown into existence within the past year. First among them 

 in point of time, and we believe also in magnitude, is the Farm 

 ers Cooperative Union of San Jose. The capital stock is one 

 hundred thousand dollars, of which the entire amount is sub 

 scribed. This Association set out by purchasing the stock and 

 good will of Pfister & Co. for thirty thousand dollars. They 

 have since increased the stock to perhaps eighty thousand dol 

 lars, have spread out so as to occupy several large store-rooms, 

 and are in a most flourishing condition. They include in- their 

 invoices hardware, agricultural implements, and a general line 

 of groceries. 



The Grangers Union of Stockton started a little more than a 

 year ago, with two hundred and fifty thousand dollars capital, 



