BULLETIN 394, U. S. DEPARTMENT OF AGRICULTURE. 
II. External or corporate organization: 
14. Organized under cooperative law: (32) Yes.; 15. Corporation law: 
(10) Yes; 16. Number of members (43) 228; 17. Condition of mem- 
bership: ; Vote: (40) One per member; 19. Principal nationality 
of members (49) American born; 20. President: (46) Yes; 21. Vice 
president: (35) Yes; 22. Secretary: (38) Yes; 23. Treasurer: (34) 
Yes; 24. Auditors (24) Yes; 25. Other officers: ; 26. Directors: 
(43) 5 ; 27. Term of office : (34) One year ; 28. Committees and duties : 
____; 29. Branches: (5) Yes; 30. Controlled by grange: (2) Yes; 31. 
Controlled by farmers' union : ( 1 ) Yes. 
III. Internal or operating organization: 
32. General manager: (47) Yes; 33. Sales manager: (7) Yes; 34. 
Buyer: (4) Yes; 35. Cashier: (10) Yes; 36. Bookkeepers: (31) Yes; 
37. Salesmen: (44) 5; 38. Saleswomen: (28) 3; 39. Stenographers: 
(3) Yes; 40. Departments: (49) 2; 41. Is responsibility definite: 
(27) No. 
IV. Finance: 
42. Capital authorized: (32) $45,437; 43. Subscribed: (41) $20,143; 
44. Paid in: (50) $16,627; 45. Par value of shares: (44) $53; 46. 
How transferable: ; 47. Amount may be held by member: (31) 
High $8,000, low $10, average $1,200; 48. Interest paid on stock: (37) 
Yes; 49. Paid annually: (34) Yes; 50. Semiannually: (40) No; 51. 
Dividends to members: (35) Yes; 52. Dividends to nonmembers : 
(18) Yes; 53. Dividends paid annually: (30) Yes; 54. Semiannually: 
(39) No; 55. Dividends paid in cash: (27) Yes; 56. Dividends in mer- 
chandise: (29) No; 57. Dividends in stock: (35) No. 
V. Credit: 
58. Do you borrow money: (40) Yes; 59. Rate of interest: (37) 7 per 
cent; 60. Are bills discounted regularly: (18) Yes; 61. Estimated 
saving: (24) $997; 62. Is credit difficult to obtain: (33) No; 63. 
Security offered: (26) None; 64. Credit extended to customers: (45) 
Yes; 65. For how long: (27) Two months; 66. Losses due to credit: 
(15) $664; 67. Are accounts paid promptly: (25) Yes; 68. Advan- 
tages of credit: ; 69= Disadvantages: (For per cent credit 
sales, see question 86.) 
VI. Purchasing: 
70. Principal market: ; 71. From salesmen: (43) Yes; 72. From 
catalogue houses: (21) No; 73. From manufacturers: (24) Yes; 
74. Are lowest prices obtained: (27) Yes; 75. Estimated produce 
bought from farmers: (22) $12,126; 76. Are all orders reduced to 
writing: (30) No; 77. Invoices checked systematically: (39) Yes; 
78. Difficulties: 
VII. Belling: 
79. Per cent country trade: (43) 63; 80. Per cent town trade: (43) 
37; 81. Per cent membership trade (42) 60; 82. Nonmembership 
trade: (42) 40; 83. Per cent active members (37) 80; 84. Nonac- 
tive: (37) 20: 85. Per cent cash sales: (36) 50; 86. Per cent credit 
sales: (36) 50; 87. Advertising methods: (23) None; SS. Delivery 
system: (32) Yes; 89. Total annual sales by departments: (45) 
$87,781; 90. Rate of profit on sales by departments: (36) 20 per 
cent; 1 91. Store opens: (37) 7 a. m. ; 92. Closes: (37) 7 p. m. ; 
Saturdays 9 to 10. 
1 This is the estimate made by managers (see also Table 10). 
