295] 



THE PRODUCTION OF BUTTER 



71 



13. Appointing committees. 



14. Unfinished business. 



15. New business. 



16. Good of the company. 



17. Signing of minutes. 



18. Adjournments. 



Attention is especially invited to article 4, sections 2 and 

 3, which aim to keep the character of the association truly 

 cooperative; to article 7, section 1, which aims to educate 

 the patrons and keep the cooperative interest alive; and to 

 article n, which precludes the tendency to declare high 

 dividends, provides for the distribution of the profits among 

 the producers, and keeps the finances sound by the estab- 

 lishment of a reserve fund. 



TABLE IV 



The Character of Ownership and the Value of Products of the 



Total Number of Butter, Cheese, and Condensed-Milk 



Establishments in the United States 



Character 



of 

 Ownership 



Total 



Individual t 3370 



Firm | 1021 



Corporation 



Cooperative 



Per cent of total. 



Individual 



Firm 



Corporation 



CoSperative 



Value of Products 



1909 



#274,557.718 

 61,432,341 



26,997,945 



"3,493-555 



72,633,877 



1 00.0 



224 



9.8 



41.3 

 26.5 



1904 



5168,182,789 



43-919,439 

 22,653,536 



6i,309,538 

 40,300,276 



100.0 

 26.1 



'3-5 



36.5 

 24.0 



(From U. S. Census). 



1 Listed as miscellaneous in table, but characterized as cooperative in 

 descriptive part. Vide, Census, 1900, vol. ix, p. 439. 



