Consumers' Cooperation Volume 6

Consumers' Cooperation Volume 6

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1920 edition. Excerpt: ...of sixteen stores, four restaurants, four milk distributang organizations and three bakeries. It owns several buildings. Two of the stores are clothing stores. The milk distributing branches are at Fitchburg, Maynard, Norwood and Worcester, in Massachusetts. These are all large and growing enterprises. The Workers' Co-operative Union is the other constituent member of the wholesale. It consists of three stores and one bakery at Lawrence, Mass.; four stores at Boston, and several buying clubs. The organization buys as a wholesale or as a distributive business, which ever is best for the circumstances. It is doing a business of $2,000,000 a year ($1,680,000, to be exact). It the last five months it bought twenty-one carloads of flour. Its overhead expense is 2-5 per cent on the business done. This expense includes everything--management, office, directors and auditing of the branch stores of the entire society. The United Co-operative Society has taken over one society which was $3,000 in debt, allowing par for its stock. Many advantages accrue simply from the increase in volume of business. Thus the National Biscuit Company gives 15 per cent discount to stores which buy over $300 of goods a month. No single co-operative store uses that amount of crackers, but the United Society, buying for its twenty-seven branches, gets the extra 15 per cent off. To testify to its interest in the fundamentals of Co-operation, this society votes an appropriation for education which is actually and effectively used for that purpose. The work of Waltemar Niemela and Adolph Wirkkula is proving most effective in building up this organization. The fact that most of the societies are Finnish is one of the strong reasons for success. The societies of New England more

Product details

  • Paperback | 122 pages
  • 189 x 246 x 7mm | 231g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236650263
  • 9781236650269