MILK DEALERS 



The following is a breakdown of the bond account by the 

 different types of securities and compared with June 30, 1971. 



July 1, 1971 July 1. 1972 



Bonds $ 103,300. $102,000. 



Bank Books 119,305. 159,005. 



Stock 47,400. 47,400. 



Miscellaneous 0. 0. 



Surety Bonds 741,449.01 637,400. 



Real Estate Mortgaf^es 30,300. 30,300. 



Life Insurance Policies 1,400. 1,400. 



Total $1,043,154.01 $977,505. 



FORECLOSURES 



Durins: the fiscal year there were no coreclosures on milk 

 dealer surety bonds althousih several foreclosures were averted 

 bv means other than the legal foreclosure process and two bonds 

 are in the process of foreclosure and will be completed during 

 the next fiscal year. 



G ENERAL : 



Several of the large producer co-operative associations 

 merged during the license fiscal year and, will contract with 

 the majority of the Massachusetts milk dealers for full supply 

 contracts . 



