Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1874-03-26
THE YEOMANRY.
Now, by st. Paul, the Work
Goes Bravely On.
How the Farmers are Pra'
pairing to Paddle their
Own Canoe.
Grange News and Notes from all Points
of the Compass.
IOWA

A SUCCESSFUL COOPERATIVE ENTERPRISE.
J. Weaver writes from Durant, Iowa,
to the Industrial Age:
During the winter OF 1912, a number of
persons belonging to Oranges, in the vicinity
of Wilton, Muscatine county, Iowa, opened
cooperative store. How great q success 1t
has been you will realize on noting the follow
ing facts: The store opened March 4, 1872
The paid-upcapital in rested in goods on that
day was about 800. The sales the first day
were els: second. ga ETC., the whole aggre-
eating 1922 for the week. On the LIST of jan
uary, 1878. we had sold, for cash, little over
$4,000. The average profit was computed at
A per cent, which included freight On set
Element, at the annual meeting of the stock
holders, held the first Monday of January,
1873 there was a cash balance on hand of
500. after paying every expense. This
amount entered into the stock Of the ensuing
year. The sales from January l. 1873, to JAN
uary 1, 1874, were SIS. 5000; expenses So
33s.77; invoice, S4.S07. %; cash on hand,
81, 6S6.35- In the expense account is included
10 per cent. interest on . cash capital OF
about IS. 700. The average profit Of this year
am not now prepared to give: but may say
that it was much less than the preceding year.
1t is conceded that the goods we're turned
over during the year about eight times.
Summary of stock January !, 1874:
Goods on hand 4,SO. Y
Cash. ----.--...---..----...- i,ooo.So
Furniture ......................... 1000
Total. s,sss.57
The rent and interest were at tho same rate
as previous year, and the miscellaneous ex.
pense much greater. The managers and
as rates were too high. We now occupy
brick building, so situsted as to render insur-
ance of no great importance You thus see
how great this enterprise, based on true CO.
operative principles has become, In the short
space of nineteen months, from a small be-
ginning. The prospects for the coming year
are still greater
1st- The cash principle
I'd. The exclusion of mere selfshness, or
rings. All the world may trade alike, with
out discrimination in favor of anyone
3D. Each one finds all the profit article, ex-
cept necessary expense.
The interest-10 per cent.-allOwed stock
holders is generally acknowledged to be too
high; but we hope that will be rectiied be-
fore long.
This is one example of complete co-opera-
tive success. Why should it not be initiated
all over our country, and extended to other
branches of business, such as insurance. saw
ings banks, pork packing, manufacturing,
etc. We need one great cooperative store
at Chicago. or some other commercial center,
where subordinate or country cooperative
stores might get their supplies at first hands,
as near as possible, and to facilitate ex-
changes.
WOMEN IN THE GRANGE.
In the 1878 oranges of Iowa it is said
that there are no less than %, 900 we-
men, each of whom is intrusted with q
vote. The women arc thus rapidly pre-
pairing for the ballot BY instruction In
parliamentary prac ice. debate and gen
eral business. Tne4e are some 1000
oranges in the country, to which belong
nearly 100, 900 women.