The herald., 1894-07-29
A BIG SUCCESS.

tion's Recent Record.
Secretary Y. M. Douglas has furnished
the following report to the stockholders
OF the Duarte-Monrovia Citrus associa-
tion:
herewith submit to you the follow
ing report Of business done BY this asso-
citation during the season just closed.
We shipped during the season l4,l65
boxes Washington navels, bringing
average price +. o. b. OF $l79; 1922
boxes seedlings, bringing average
price I. o. b. of $l.3S; 44l9 boxes
Mediterranean sweets, bringing average
price +. o. b. of $l.77; 7l8 boxes Aus
tralisn navels, bringing Averages price
+. o. b. OF $1.93; 1926 boxes St. Michaels.
bringing average price t. 0. b. OF 81 81;
729 boxes Malta bloods. bringing aver
age price +. o. b. OF sl.93
Conforming to the plan Of the Con-
eral association OF Southern California,
we graded our fruit as fancy. choice aud
seconds. Tho average I. 0. b. price OBJ
tained for fancy, choice and eeconds
together, is as follows Washington
navels, fancy, $1.8l; choice and eec-
onds. $1.57; seedlings, fancy, SLIGO;
choice and seconds, rs Cts Medlterra-
mean sweets, fancy, 81 ST. cnolce and
seconds, $l.35; Australian navels. fancy.
81 94; choice and seconds. 81 81; st.
Michaels, fancy, $2.32 choice ard sec
onds, 81. SO; Malta bloods, fancy, Sl.94;
choice and seconds, $l.43
| While contrary to the general plan, to
make consignments of fruits, we found
it necessary, to limited extent, To do
SO. In order to give perfect satisls elton
to the trade, 1t was doomed advisable
early in the season to snip nothing to
the eastern markets but the strictly
fancy brand. The choice grade that was
that was thus LETT on our hands, toge her
with the fruit, either too large or too
email, must be disposed OF through the
San Francisco auction or Dy regular
consignment.
Below ia shown the average prics rcal-
lied +. o. b. Duarte for tho regularly cold
fruit and the price realized on what was
consigned: Washington navels cold
+. o. b. per box. sl.9O; consigned, 81 6S-
Seedlings cold +. o. b. per box. sl.G0;
consigned, 80 cents. Mediterranean
sweets sold f. 0. b. per box, 81 90; con-
signed, $l.0S. Australian navels sold
f. o. b. per box. $l.98; consigned, $1.57.
st. Michaels sold (. o. b. per box. s2.35;
consigned, $1.90. Malta Bloods sold
I. o. D. per box, $3.50; consigned, 80
cents.
The receipts of the association during
the season are: For IA, l65 boxes Wash
ington navels, s25, 1864 So; 44l9 boxes
Mediterranean sweets, 1882. 10,9l2
boxes seedlings. $l5,122.47; 7lS boxes
Australian navels. $1381.80; 1886 boxes
st. Michaels. $30SS.03; 729 boxes Malta
Bloods, sl409 so. Total. $54. 1881.
The disbursements are: Paid for
shocks. s403S. .4S: payer, $l029.S5; nails,
$22O.06; expenses, $29l7.94; paid to
growars, $44 622 90; cash and materials
on hand, $40 50. Total. $54, 1881.
In order TO create fund with which
TO pay running expenses, commission
of 10 cents box was charged on every
box packed, either by or for mem bers OF
the association. This was the only in.
come OF the association. No profit was
charged on any material furnished the
growers. A statement, as given below,
shows receipts and disbursements OF the
fund:
Commission received on 33073 boxes
oranges, $3307. so; commission received
on lemons packed, $500; packing S53
boxes oranges for non-inem bers, S6S. "a;
total, $3462l9. Miscellaneous expense
account to date, s2917.94; shortage on
materials, $7366; cash on hand, $l33. 80;
boxes, paper, etc., on hand, $l608l;
bills receivable, $17S 46; total, $3462 10.
Showing net profit of $470.59 above
running expenses. or an actual expense
8 cents per box to the grower for mar
keting bis crop.
To avoid the necessity OF assessing
the stock of each shareholder, and to
provide working capital with which
to start business, money WAS borrowed
OF the First National bank OF Monrovia
for short time. This, however, was q
source of profit, for while we paid out
but $74 65 interest on the money, We
obtained in discounts for paying cash
for materials, $125.45.
The items in expense account sum-
married. are as follows: kilograms.
$1,000; telephones, s10.55; stationery
and printing, sl0S.42; postage. 800 40;
rent of packing house. $780, Insurance.
on packing house, $26; organizing ex-
pense, Sl7.25; general association ex.
pense. S4s7.S2; brokerage paid. $50;
Office OK xpensee, $299. 40; packing houss
expenses, 1881 90; loading cars, $l5S As;
bank for collections, $26.40; interest on
notes. S74.65; travelling saleamen, si34.-
80; Wn. Chippendale. secretary, $83. 81;
+. M. Douglass, Ill daya' work, So,
1919. Total, $29l7.94.
The charge to the growers for packing
| the fruit and loading on car was but "a
cents per box. Though the price was
small, it proved sufficient to cover the
expense.