Dear Friends: 
Another year has rolled around. We look BACKWARD with much satisfaction— 
FORWARD into 1948 with complete confidence. 
You have contributed materially to the success which we have enjoyed. Your loyalty 
and friendship is one of our most valued assets. We thank you for the fine business 
you have given us, and for the many nice letters about your success with our stocks. 
We will also appreciate your telling your friends about our seeds and services. 
We realize that, while prices have been high for most vegetable crops, many of you 
have been badly handicapped by adverse weather and labor conditions. Altogether 
though, most of you will have come through 1947 in good financial condition. 
Our own season started off late. However, the year has ended with good yields on most 
seed crops, but with no large surpluses. Considerable hand labor is necessary in the 
proper production of our seeds. The cost of this labor has, as you know in your own 
work, been increasing right along; adding much to the cost of our seed production. In 
spite of these increases we are holding our prices as ‘low as possible and still maintain 
the high quality of our seeds. Today the cost of quality seed is the smallest part of your 
Operations. It pays to use the very best seed obtainable—Garwood’s Quality Seeds. 
We feel completely confident about the future of your business and ours, and pledge 
ourselves to do everything in our power to maintain the high standard of QUALITY 
that has always been associated with GARWOOD SEEDS. 
During 1948 we will all be called upon to help 
feed the entire world. This will call for tons of 
seeds and food stuffs. It is up to all of us to do 
our part to prevent world starvation and world 
chaos. 
Once more, we want to say thanks, and extend our 
most sincere best wishes for your success and 
prosperity. 
Sincerely, 
Ae, 
Please Read ORDERING SUGGESTIONS on Page 30. 

Owner. 
