11 



send it out under their own name. This of course will lead 

 to cold storage houses. In the near future we expect to 

 own and operate our own fertilizer plant and do all the mix- 

 ing for our members. 



Then, to dream further, we would like to establish and 

 operate our own commission house in New York, having all 

 Exchange goods sold from that one stand. 



Before closing, the question has probably come to your 

 minds, "How much actual money does the individual grower 

 save in a year?" I can only answer that one of our largest 

 growers who kept accurate accounts of his sales and pur- 

 chases, and knowing general prices of the same goods, fig- 

 ures that he saved $1500 in 1913 by being a member of the 

 Hudson River Fruit Exchange. 



THE PRESIDENT : Now, friends, we are going to 

 have just a few minutes discussion, and if you have any 

 (juestions you want to ask, let's have them and get all we 

 can out of Mr. Clarke. 



^IR. HITTINGER : I would like to ask Mr. Clarke 

 Avhat they do wth the number 2 grade? 



MR. CLARKE . All of that grade, practically, is shipped 

 to New York to a commission house. We have one house 

 especially in New York that has a trade among the pie peo- 

 ple, and they take a lot of that stuff. Right here, however, 

 in connection with that, I want to say that we sell a good 

 many of the cider apples, and this year the Exchange sold 

 the apples at contract with a firm for 22yo cents a himdred, 

 and that firm was paying, outside of the Exchange, only 15 

 cents. But the Exchange try to take care of their seconds 

 mostly by consignment, and not by selling. 



DR. WHITTIER: I would like to ask the gentleman 

 what experience he has had in the export trade in selling by 

 auction, that is, the whole bulk of any one shipment direct to 

 one party. In other words, I mean a contract of the whole 

 of it to one party by auction. 



MR. CLARKE: If I understand the question, you 



