Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1917-06-27

Written, we feel sure that this busi.
ness will grow into very large deai
and 1 am very glad to state that MI.
Written is becoming a thorough un-
ion man.
The r. c. williams Wholesale Gro
Gerry Concern Of New York. with whom
we have very recently closed con-
tract, is one of the largest and most
reliable in the country. It is with this
company that we expect to do an i'm
mense business and 1 believe that
when MIR. Juhring returns to New
York after visiting our annual meet
ing, he will report to his house that
We offer one Of the grandest opportu-
mites through whom they may dis
tribute their goods. that any large
wholesale house could ask for and we
hope that his visit here will hasten
the erection Of large building here in
Waterville in order to bring about the
best possible service.
One OF the most important things l
wish to bring to your attention is the
wonderful prosperity of the Farmers
Union Grain 6. Supply Co. under the
able management OF its manager. Mr..
z. +. Austin 1t has been with great
piNoSuiC lIdt 1 nave uOlcu tIlc pIo
cress Of this branch of our organiZa-
ton. You are all aware that at the
present time nearly half of this stock
is already owned Ivy our local unions,
with the generous offer Of Messrs.
Austin & Haines, that when our 10
| cal unions so desire. they may pur-
chase the balance Of the stock and
own the business. Your executive
board feels that the time has arriv-
ed when our local unions are financial
ly able to own this business. We there
fore urge you one and all to take this
message hack to your local members
and take steps Immediately to pur-
chase q block of this stock, of at least
$500.
| wish at this time to give you the
total business Of our local unions
combined, which shows that they are
adopting good business methods and
have greatly increased their business
over last year. This we cannot give
accurately rs some of our unions have
not yet reported: however assure you
that these figures are very conserva-
tive. From the number already report
ed with conservative estimate on the
rest the business runs in excess of So,
100000. I will also state that the bus
mess Of the individual unions runs
from a few thousand to as high as
$500 900.
During the year we have organized
Is new unions and in nearly every in
stance they have started into active
business and at this time we have
calls from a number of places that
wish to be organized as soon as we
can get to them and we are In hopes
that the next season will show an in
crease of at least 30 more.
AT the last meeting of the execu-
tive board it being the opinion Of ALL
that the treasury of the Farmers I'm
ion was NO longer financially embar-
raised: it was therefore deemed ad-
| visable to declare a dividend of s per
cent on all stock issued and same was
accordingly done.
In conclusion. / wish again to ex-
tend to you all my. sincere apprecia-
ton for the kindness and courtesy
shown me by all the managers and
members with whom I have come in
contact during the past year and sin
cerely hope that what we have accom-
nlished through our united efforts will
continue to grow and make our organ
izatfon New England-wide and the
strongest in the country.
Respectfully submitted.
F. A. BULGE,
General Manage