Dairymen’s League Co-operative Association Report 
Following is detailed information with 
regard to November and December opera¬ 
tions : 
SALES FOR NOVEMBER. 1921 
Fluid milk sold to dealers. . $4,505,278.00 
Sales from plants operated 
^ by the Association : 
Fluid and skim- 
milk .$383,103.00 
Cream. 04.341.01 
Homo . 1.110 87 
Buttermilk . . . 775.48 
Plain condensed 2.004 87 
Sweetened cond.: 
Cases dom... 5.802.72 
Cases export. 7.103.50 
Evaporated: 
Cases dom... 01.204.06 
Cases export. 28.0S5.90 
Sweetened whole 
cond. (bulk). 1.570.73 
Sweetened skim- 
eond. (bulk). 0,187.10 
Skim-milk p'der 0.242.68 
Putter . 135.330.80 
Cheese . 124.020 53 
Pot Cheese. . .. 104.57 
Miscellaneous. . 3.770 53 
The disposition of .the milk handled by 
i he association in its own plants was as 
follows: 
Pounds Per Cent 
Class 3 . 7.407.002 31 
Class 2 . 4.333.408 IS 
Class 3 . 3.320.042 22 
('lass 4 Butter. 3.3X0.054 14 
Class 4 Cheese...... 3.027.015 15 
24.186.1t5l 
The average price that will be received 
for all Grade I*, milk at the 201-210-mile 
zone testing 3 per cent .if fat. including 
both that sold d'rect to dealers and chat 
handled in the plants operated by the as¬ 
sociation. will amount to approximately 
$2,455. 
( Note.— Any variation from the above 
-fated price is due to grade, butterfat, 
freight, hauling and other established dif¬ 
ferentials. ) 
The total administrative expense 
amounts, per 100 lbs., to.. .05 
Deduction is being made to be dis¬ 
tributed to local Leagues to cover 
local expenses, per 100 lbs.002 
Deduction is being made and i- be¬ 
ing credited to our advertising 
fund to the amount, per 100 lbs , 
Of .00S 
J (eduction is being made to create 
insurance fund to cover losses 
created by uncollectible accounts 
and other losses. 005 
H'tnti r-Jturtb, near* n tm dlcrandfr Orahmn Brit, tne ni¬ 
x' centar Of lhr trlephonr. a-rnir (hie inspired farrmut: "It ip 
COHCcieahle thnt cablet at trhphom t icire, could be laid under- 
gravntl m uUhP'nded overhead. cimmuriicatiiui bp branch v\m 
with private dtctlltngt, countrp hdtwer. ihope. mnnvfoctmrr*. 
etc,, and n mun in one part nj the country may communicate 
op iCOfd uj rnOulh with another in a distant place. ,y 
At the right, an old print of Bell lecturing on telephony , 1877. 
More than forty years ago, when the telephone was still in 
its experimental stage, with but a few wires strung around 
Boston, the men back of the undertaking foresaw a universal 
system of communication that would have its influence upon all 
phases of our social and commercial life. 
They had a plan of organization capable of expansion to 
meet the growth they foresaw; and their wisdom is borne out 
by the fact that that plan which they established when tele¬ 
phones were numbered by dozens is efficient now when 
telephones are numbered by millions. 
This foresight has advanced the scientific development of the 
art of telephony to meet the multiplied public requirements. It 
has provided for funds essential to the construction of plant; for 
the purchase of the best materials on the most advantageous 
terms; for the training of employees to insure skilled operators; 
for the extension of service in anticipation of growth, with the 
purpose that no need which can be foreseen and met will find 
the Bell System unprepared. 
The foresight of the early pioneers has been developed into 
a science during the years which have elapsed, so that the plan¬ 
ning of future operations has become a function of the Bell 
System. This is why the people of the Ignited States have the 
most efficient and most economical telephone service in the world. 
^ “ Bell System " 
American Telephone and Telegraph Company 
^ n And Associated Companies 
One Policy, One System, Universal Service, and all directed 
toward Better Service 
Total sales. Nov., 1921.. $5,431,092.04 
At the close of business on November 
30 tbe financial condition of your Asso¬ 
ciation was as follows: 
ASSETS 
Oasli in hanks. 
Cask in banks to ret 
tifieates and morlj 
Aeets. rVhle. .$5,221 
Less reserve 81 
Total, including administrative, 
locals, advertising and re¬ 
serve, amounts, per 100 lbs.. 
to .. 
< ’redited to certificate of indebted¬ 
ness acconnl and for which, on 
April 25. 1922. a certificate of in¬ 
debtedness bearing fi per cent in¬ 
terest. and maturing in five 
years, will be delivered to the 
member, per 100 lbs. 
Fash payment on account on Jan¬ 
uary 25. 1922, to cover deliver¬ 
ies during (he month of Decem¬ 
ber. 1921, per 100 lb«. 
Tabert.v bonds . 
Subscribers to certificate 
unpaid . 
Plants and equipment.... 
Cans . 
Patents and trade marks. 
Notes receivable. 
Inventories . 
Liabilities 
Due members for milk. 
Reserve for interest on cer¬ 
tificates of indebtedness. 
mortgages . 
Reserve to relive certificates 
of indebtedness. mort¬ 
gages. provide working 
capital and other neces¬ 
sary reserves and to pro¬ 
mote interests of tbe As¬ 
sociation . 
Reserve for sales losses. . . . 
Reserve for advertising.... 
Reserve for local associa¬ 
tions . 
Certificates (full paid).... 
Accounts payable . 
Mortgages payable . 
Bonds payable . 
Contracts payable . 
Subscriptions .. 
$2,455 
Respect fully submitted. 
dairymen’s leagve co-operative 
ASSOCIATION. INC. 
w. w. hovey. General Manager. 
$10,209,200.00 
OPERATION S FOR DECEMBER. 1921 
During the month of December 42.515 
members participated in the pooling of 
proceeds. Of this number 35.430 deliv¬ 
ered milk To S99 plants operated In deal¬ 
ers. and 7.085 delivered to 73 plants op¬ 
erated by your association. 
Deports from dealers operating $99 
plants, buying front and 73 plants oper¬ 
ated by the association, show that the 
total amount of milk handled during the 
month of December ai all plants report¬ 
ing was 272.190.382 lbs. This amount, 
as you will understand, is tbe total 
amount that was delivered to all plants 
operated by pooled and noil-pooled League 
members and by non-League members. 
Of this amount (here was delivered to 
plants operated_hy rhe dealers from pooled 
members 154.2.1.895 lbs. ,.f milk, which, 
added to 24.180.101 lbs. of milk handled 
in tbe plants operated h\ the association, 
makes the total quanritj of pooled milk 
for the month of December 178.457,990 
lbs., or 65 ij, por cent of tbe total amount 
of milk delivered to plants purchasing 
from or operated by the association. 
of all milk handled in the plants 
operated by the dealers who are report¬ 
ing, amt ip the plants owned by the a-so- 
ciation. the percentages of tbe whole util¬ 
ized under our different classifications 
were as follows: 
Pounds Per Cen t 
Class 1 . 140.879.954 52 
Class 2 . 49.424.074 18 
Class 3 . 37.170.375 13K, 
Class 4 Butter.... 34.504.040 1 °L 
Class 4 Cheese.... 10.150,739 4 * 
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So easy to handle, 
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mulch 
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' 272.190.382 
Of all pooled milk bundled in the 
plants operated by the dealers who are 
reporting, and in the plants owned by 
the association, the* percentages of the 
whole utilized under our different classi¬ 
fications were as follows: 
Pounds PerCent 
Class 1 . 89.515.980 50 
Class 2 . 33,702.081 19 
Class 3 . 22.900,349 12K. 
Class 4 Butter.... 24.003,548 13 14 
Class 4 Cheese.... 8,120,038 5 
For sale by 
Rural 
New-Yorker 
333 W. 30th Street 
NEW YORK CITY 
