The Raymer enterprise., 1911-02-16
WORK OF FARMERS EXCHANGE
Organization In Monmouth County,
New Jersey, Made 20 Per Cent.
Profit Last Year.

That cooperation OF husbandmen
is Of inestimable 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. H. Ingling Of Freehold.
The conditions will interest farmers
and truck growers. The report COW
ers the year ending November 30. 1t
shows that the members made net
profit of 20 per cent. on the capital
stock. the years business totaling
nearly a million dollars. writes John
E. 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.
mittedly 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 AL.
1873 barrels.
Other produce sold through the
exchange during the year includes
1929 barrels and 16,9S7 baskets Of ap.
Piles, 1883 barrels and $500 baskets Of
pears. 1886 barrels and SO baskets of
cucumber pickles. 500 crates of to.
matoes, sol crates Of berries, 120
barrels and 210 baskets of melons,
1917 packages Of miscellaneous prod.
ucts, S,57S crates or 205,SS8 lunches
of asparagus, $50 crates OF celery,
2l1 crates Of cranberries. and 1000
bales Of hay and straw. These goods
were placed in 1856 cities In 22 states
and in one foreign country. In addi.
tion 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
tember there were several weeks
when shipments from the exchange
averaged so to go carloads Of pota.
toes alone day. On August 12 IS
carloads were 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 we're 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. $1.35. paid
them. Membership In the exchange
has increased during the year from
$50 to 800. and the capital stock has
gone up from s3l.274 to $4o.37o at
the time Manager lngling made his
report the othet day. Since then 7
understand there has been further
increase In the capital to nearly s55..
900. It Is the purpose Of the direc.
tors to Increase the stock to $50 ooo
or $65.000. after which not more than
one share will be sold at a 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.
bers have been warned against die.
ging potatoes faster than they can
gather up, to avoid having them sun
pricked. and they were advised fur.
ther that 1t would be to their advan.
tage to grade their tubers.
SO far as this exchange IL con.
cerned ! can say It 10 q success with
a capital 8. But for It many farmers
and growers would be founderins
around alone. pursuing q 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 msrkst
offered through the exchange.