24 



BULLETIN 394, U. S. DEPARTMENT OF AGKICULTUEE. 



of about $2 per day. The proportion which these items bear to the 

 total wages paid is not very significant and has been included in the 

 labor percentage column in Table X. 



In addition to their regular wages, the cooperative laws of some 

 States stipulate that employees shall receive dividends on the amount 

 they receive as wages, just as members receive dividends on purchases. 

 As a matter of fact, however, this principle of dividends and bonuses 

 to employees is generally ignored, and some stores even go so far 

 as to stipulate in their by-laws that no employee shall receive any 

 reduction on purchases. Employees in such stores must become mem- 

 bers in order to participate in dividends. Among the stores visited 

 during the survey only 2 were found which actually had distributed 

 dividends on wages. 



Table X. — Important percentages based on sales. 



store No. 



1 



S623,703 



2 



232,000 



3 



200, 000 



4 



177, 546 



5 . .. 



174, 997 



6 



168, 546 



7 



143, 000 



8 



129, 395 



9 



98,000 



10 



96,916 



11 



87,009 

 69,000 



12 



13 



68, 000 



14 



67, 074 



15 



65,768 



16 



65, 152 



17 



63,978 

 60,000 

 60, 000 



18 



19 



20 



56.000 



21 



44,000 



22 



44,000 

 42 000 



23 



24 



41^000 

 40, 000 



25 



26... 



40,000 

 40,000 

 38, 000 



27 



28 



29 



36,413 



30 



34,804 

 22,000 



31 



32 



20,000 

 20, 000 



33 



34 



19, 000 



35 



7,500 



Ex- 

 pense. 



$86,554 

 16.221 

 24,915 

 24,904 

 23,037 

 16, 115 

 11, 522 

 14,941 

 12,558 

 13,325 

 7,285 

 6,840 

 10,114 

 8,164 

 6,445 

 6,719 

 6,938 

 5,404 

 5,037 

 6,512 

 5,332 

 4,964 

 6,097 

 4,167 

 4,620 

 I, 5,169 

 4,000 

 5,949 



3,086 

 3,730 



3,249 



2,957 

 946 



Per 



cent. 



13.8 

 7.0 

 12.4 

 14.9 

 13.1 

 '9.6 

 8.0 

 11.5 

 13.0 

 13.9 

 8.3 

 9.9 

 14.9 

 12.2 

 9.7 

 10.2 

 10.8 

 9.0 

 8.3 

 9.8 

 12.1 

 11.3 

 14.6 

 10.1 

 11.5 

 12.9 

 10.0 

 16.5 



17.0 



16.2 

 15.5 

 12.6 



11.7 



and 

 labor. 



$11,261 



12,022 

 10, 193 

 9,000 

 7,801 

 6,472 

 6,440 



4,980 

 6,075 

 4,909 



3,982 

 4,359 

 2,685 

 3,800 

 3,563 

 2,858 

 3,080 

 3,9C0 

 3,016 

 3,300 

 3,246 



3,357 



2,752 

 1,772 

 1,900 



1,976 



1,620 



720 



Per 

 cent. 



7.0 

 5.6 

 6.3 

 6.0 

 6.8 

 6.7 



7.2 

 9.0 

 7.3 



6.1 

 6.9 

 4.5 

 6.3 

 6.4 

 6.3 

 7.0 

 9.4 

 7.4 

 8.2 

 8.0 



8.8 

 7.7 

 5.2 

 8.6 



9.8 

 8.5 

 9.5 



6.4 



Net 

 profit. 



$66,282 

 10, 050 

 6,375 

 8,712 

 4,377 

 17, 1S2 

 9,927 

 9,313 

 6,170 



9,763 



648 



1753 



2,6C6 



4, 424 



3,776 



1,453 



928 



2,774 



4,032 



3,279 



536 



1,310 



1,245 



783 



400 



1,701 



1,027 

 460 



138 

 '362 



Per 

 cent. 



10.6 

 4.3 

 3.1 

 4.9 

 2.5 



10.2 

 6.9 

 7.2 

 5.4 



11.2 

 .9 



11.1 

 4.0, 

 6.7 

 5.8 

 2.2 

 1.5 

 4.6 

 7.2 

 7.4 

 1.2 

 3.1 

 3.0 

 2.0 

 1.0 

 4.2 



3.0 

 2.1 



0.7 



"4.8 



Per 



cent 



gross 



profit. 



24.4 

 11.3 

 15.6 

 18.9 

 16.6 

 19.6 

 14.9 

 18.7 

 18.4 



18.4 

 10.8 

 13.8 

 16.2 

 14.9 

 16.0 

 13.0 

 10.5 

 12.9 

 17.0 

 19.5 

 12.5 

 17.6 

 13.1 

 13.6 

 13.9 

 14.2 



11.8 

 19.1 



16.9 

 'i7.'4' 



17.7 



Inven- 

 tory. 



Stock 



turns 



per 



J'ear. 



6.3 

 7.3 

 3 8 

 2.5 

 7.3 

 3.8 

 3.5 

 4.2 

 8.6 



2.2 

 6.7 

 3.5 

 16.1 

 3.5 

 3.3 

 4.1 

 3.3 

 3.4 

 2.8 

 5.0 

 2.3 

 3.7 

 6.5 

 4.3 

 4.3 

 2.9 

 3.9 

 4.7 

 3.3 

 2.4 

 2.3 

 2.1 

 4.4 



4.4 



1 Loss. 



The directors of one of the most progressive of the stores have 

 made the provision that when profits reach a certain figure em- 

 ployees are made participants in the increase. This is in the form 

 of a bonus, the payment and amount of which is left to the discre- 

 tion of the board of directors. 



