24 
BULLETIN 394, U. S. DEPARTMENT OF AGRICULTURE. 
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 hi 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. 
Sales. 
Ex- 
pense. 
Per 
cent. 
Salary 
and 
labor. 
Per 
cent. 
Net 
profit. 
Per 
cent. 
Per 
cent 
gross 
profit. 
Inven- 
tory. 
Stock 
turns 
per 
year. 
1 
S623.703 
232! 0C0 
200,000 
177'. 546 
174; 997 
16S, 546 
143,000 
129,395 
96,000 
95,916 
87,009 
63.000 
6s;ooo 
67, 074 
65.768 
65; 152 
63,978 
60.000 
60,000 
55.000 
44,000- 
44.000 
42.000 
41,000 
40.000 
40.000 
40.000 
3s;ooo 
36,413 
34! 804 
22,000 
20,000 
20,000 
19,000 
7,500 
S86,554 
16.221 
24,915 
24, 904 
23,037 
16,115 
11.522 
14,941 
12,558 
13.325 
7,2S5 
6,840 
10, 114 
8,164 
6.445 
6,719 
6,938 
5.404 
5.037 
5.512 
5. 332 
4,964 
6.097 
4,167 
4.620 
5', 169 
4; 000 
5,949 
13.8 
7.0 
12.4 
14.9 
13. 1 
9.6 
S.O 
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 
14.5 
10.1 
11.5 
12.9 
10.0 
15.5 
866,282 
10,050 
6.375 
S.712 
4; 377 
17, 192 
9,927 
9.313 
5, 170 
10.6 
4.3 
3.1 
4.9 
2.5 
10.2 
6.9 
7.2 
5.4 
24.4 
11.3 
15.5 
18.9 
15.6 
19.6 
14.9 
18.7 
18.4 
S9S.460 
30,477 
5i; 952 
67,588 
24,104 
42'. 660 
40,007 
30,781 
11.169 
6.3 
2 
3 
$11,261 
5.0 
7.3 
3 8 
4 
— 
2.5 
12,022 
10, 193 
9,000 
7,801 
6,472 
6,440 
7.0 
5. 5 
6.3 
6.0 
6.8 
6.7 
7.3 
6 
3.8 
3.5 
9 
4.2 
8.6 
10 
11 
9,763 
648 
x 753 
2,696 
4, 424 
3, 775 
1,453 
928 
2.774 
4.032 
3.279 
536 
1,310 
1,245 
783 
400 
1,701 
11.2 
.9 
ill 
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 
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 
13.5 
13.9 
14.2 
9.924 
31,071 
11,850 
19. 075 
4,066 
15,413 
19, 141 
14, 593 
15.161 
16. 122 
15.5S7 
8.799 
18,278 
11.004 
7.249 
9; 300 
9,15S 
12.816 
9.171 
7,495 
6.733 
8.341 
8,813 
8,999 
1,731 
8.8 
12 
13 
14 
15 
4,950 
6,075 
4,909 
7.2 
9.0 
7.3 
2.2 
5.7 
3.5 
16.1 
16 
17 
3,982 
4,359 
2,685 
3,800 
3,563 
2.858 
3.0S0 
3,900 
3,015 
3,300 
3,246 
6.1 
6.9 
4.5 
6.3 
6.4 
6.3 
7.0 
9.4 
7.4 
8.2 
8.0 
3.5 
3.3 
18 
4.1 
19 
3.3 
20 
3.4 
21 
2.8 
22 
5.0 
23 
2.3 
24 
3.7 
25... 
5.5 
26 
43 
27 
4.3 
28 
3.357 
2,752 
1,772 
1,900 
8.8 
7.7 
5.2 
8.6 
2.9 
29 
I 
3.9 
30 
3,086 
3,730 
8.8 
17.0 
1,027 
460 
3.0 
2.1 
11.8 
19.1 
4.7 
31 
3.3 
32 
2.4 
33 
3,249 
2,957 
946 
16.2 
15. 5 
12.6 
1,976 
1,620 
720 
9.8 
8.5 
9.5 
138 
0.7 
16.9 
2.3 
34 
2.1 
35 
362 
4.8 
17.4 
4.4 
Average. 
11.7 
6.4 
6.0 
17.7 
4.4 
' "1 
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 pa} 7 ment and amount of which is left to the discre- 
tion of the board of directors. 
