198 RURAL DENMARK 



These factories vary very much in the number 

 of pigs with which they deal. Thus ten of them 

 kill from 10,000 to 20,000 a year, while only two 

 kill more than 100,000. Most of the pigs are sent 

 to them by members, only seven of the factories 

 buying animals from outsiders. 



In 1906, 92,000,000 kroner (,5,098,333) were paid 

 by the co-operative bacon factories to the pig growers, 

 of which sum a little under 10 per cent, was received 

 by the growers in the form of dividend earned by the 

 factories. Including this dividend, the average price 

 per head paid for the pigs was 65 kroner (3, 12s.). 

 Thus the actual value of a slaughter pig in Denmark, 

 of which, if I remember right, the average weight 

 is about 135 lbs., would appear to be about ^^de- 

 ducting the amount paid as dividend. 



The thirty-four factories were valued, I think in 

 1909, at a little over 12,000,000 kroner, including 

 everything, namely, fabric, machinery, stocked goods, 

 &c. The charges on them, per contra, for mortgages 

 and loans amounted to a little over 6,000,000 kroner, 

 so that in this department of Danish co-operative 

 effort the financial position is also sound, the liabilities 

 being only half the sum of the assets. Some of the 

 factories have very small debts and one has none at 

 all. In the case of twenty-six factories the co-operating 

 members are jointly and severally liable for the debts, 

 and in most of the remainder a member is liable in 

 proportion to the number of pigs which he supplies. 



