The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1911-02-25
WORK or FARMERS EXCHANGE
Organization In Monmouth County,
New Jersey, Made % Per Cent.
Profit Last Year.

That cooperation of husbandmen
is of inestima BILE benefit is we'll illus
trated in the annual report of the
Monmouth county IN j. farmers
exchange, just made public by the
manager, W. II. Ingling of Freehold
The conditions will interest farmers
and truck growers. The report COW
ers the year ending November 80. It
shows that the members made a net
profit of 70 per cent. on the capital
stock, the years business totaling
nearly million dollars, writes John
b. Quinn IN the Orange Judd Farmer
This great volume Of business was
due in large part to the bumper crop
Of potatoes In Monmouth county, ad-
mftted1y the largest Yield this section
has ever had.
The managers report shows that a
total Of #2,575 cars OF farm products
were shipped by the exchange dur
Ing the year. OF this number over
1000 cars were potatoes, an increase
of 1888 cars over 1909, or an increase
of 1853 cars over the combined ship
ments of 1908 and 1909. This large
shipment of potatoes represents 441,-
1873 barrels
Other produce sold through the
exchange during the year includes
4,029 barrels and 16,987 baskets of ap-
pies, 1889 barrels and 1 500 baskets Of
pears, 1886 barrels and SO baskets OF
cucumber pickles, 500 crates of to-
matoes, 591 crates Of berries, 120
barrels and 21O baskets Of melons,
1,617 packages of miscellaneous prod
ucts, S,578 crates or 2e5, 1888 punches
of asparagus, $50 crates Of celery,
211 crates Of cranberries, and 1000
bales of hay and straw. These goods
were placed in 1876 cities in % states
and IN one foreign country. In addi-
ton the exchange sold direct to its
members 10000 barrels of seed pota-
toes and handled $4,000 bags Of fer
tilizer.
During part Of August and Sep
TENDER there We're several weeks
when shipments from the exchange
averaged SO to so carloads Of pota-
toes alone day. On August II. IS
carloads We're shipped, representing
$4,000 as the days business. The
exchange manager could have used
100 cars with ease that day could he
have procured them from the rail-
road authorities, who were not pre-
pared to meet the rush
1t is freely admitted by members
that without the exchange they could
not have received for this immense
crop the average price, S1.35, paid
them. Membership in the exchange
has increased during the year from
$50 to 800, and the capital stock has
gene up from s31,27 to $40,370 at
the time Manager Ingling made his
report the other day. Since then I
understand there has been further
increase in the capital to nearly s55,-
0o0. 1t is the purpose of the direc-
tors to increase the stock to $50. 0G0
Or $65, 600, after which not more than
one share will be sold at time and
then only to new members. An in
novation is to be made by the ex-
change next year when all potatoes
will be purchased by weight. Mem
tiers have been warned against dig
glng potatoes faster than they can
gather up, to avoid having them sun
Dricked, and they were advised fur
Their that it would be to their advan-
tage to grade their tubers.
So far as this exchange is CON
cerned ] can say 1t is a success with
capital S.. But for it many farmers
and growers would be laundering
around alone, pursuing a go-as-you-
please policy and selling their prod
uce FOR whatever they could get,
without possessing any knowledge of
the bigger and vastly better market
offered through the exchange.