THE U.F. CO-OPERATIVE CO. 87 



Mr. Burnaby, took place at the meeting. Mr. 

 Burnaby was elected a Director at the same 

 meeting, and immediately afterwards President 

 of the Company. 



As has been already mentioned the turn- 

 over for 1915 was approximately $226,000 with 

 a net profit of some $1,800. The turnover for 1 

 1916 was somewhat over $400,000, with profits 

 of about $4,000. Owing to the change of date 

 of the annual meeting, the statement for 1917 

 covers only the ten months ending October 

 31st, 1917, during which the turnover had grown 

 to over $900,000 with profits of some $3,600. 



Early in 1918 reports from a cheese committee 

 and from a live stock committee are to be noted. 

 The latter of these received then, and continued 

 to receive, much attention, until finally, during 

 the next winter, a live stock branch was opened 

 at the Union Stock Yards, Toronto. 



Attention was now directed towards securing > 

 a "big man" for Manager, and in June Mr. 

 Blatchford resigned and Mr. L. M. Powell was 

 engaged. The selling of stock was proceeding 

 apace and the business growing fast. Early in 

 the following year Mr. Powell left the Com- 

 pany's employ and about a month later Mr. T. 

 P. Loblaw was engaged as Manager. 



The year 1919 was marked by very rapid 

 expansion in many lines, and by a great increase 



