News and citizen. [volume] (Morrisville, Vt. ;) 1881-current, 1922-11-29
MAPLE SUGAR MARKETING

Success has marked the work of
the Vermont Maple Products Cooper
ative Exchange to greater degree
than had been even anticipated,
according to a statement recently
issued by Amos j. Eaton, manager
Of the exchange, with headquarters in
Essex Junction, in conference with
E. B. Cornwall, president of the Yer
mont Farm Bureau Federation, which
has been cooperating with Mr.. Eaton
in carrying out the program of the
exchange.
This maple products marketing
association, though organized only
last spring, has already disposed of
$500 gallons of syrup and 7,485
pounds of sugar up to October l..
1t has approximately $500 gallons
in bulk in stock at the present time,
also 1000 gallons in tin and glass
and 1000 pounds Of sugar Alto
gether, 1857 gallons of syrup have
been received from the members and
consignees. Of this amount 8,425
gallons have been number one quail
ity; 1889 gallons have been number
two, and 1852 gallons number three
quality.
In grading sugar, the exchange
has graded fifty percent more in the
number one class than did the dealers
previously. Advance prices paid by
the exchange were ninety cents for
number one; seventy-fve cents for
number two and sixty cents for num-
Der three. All of the number two and
number three grades have been sold.
Final payments to producers will be
made in December, sometime before
Christmas.
1t is figured that the exchange has
paid higher prices to producers than
they could get from any other source,
except through private trade. Where
a producer has had a good private
trade, the exchange has not attempted
to get him to market his sugar
through them, but rather has advised
that he keep his private trade and get
all that he could for the sugar.
Consignees, who are not members
of the exchange, but who desire to
market all or some part of their
product through the exchange, are
allowed to do so on a basis of final
settlement ten percent off the regular |
price, or an advance price of seventy
five cents for number one and fifty |
cents for number two, they to pay
their own transportation charges.
The total receipts of the exchange |
up to October 1, amounted to
s25, 204.71, while the total disburse-
nents were $25,O74.O5, leaving cash
balance of $13O.66. In addition to
his the exchange has in accounts re-
,eivable, material in stock, packing
,ases and tins and material in bond,
assets amounting to a total of
s15,321.55. There are liabilities to
,ffset this which amount to $S,707O7,
eaving a balance on the right side
# the ledger of $6,614.4S.
AS the fall market is now opening
lp for grade one sugar and is likely
o continue throughout the fall and
arly winter, the prospects are good
or disposing of all of the maple
PRODUCTS which the exchange now has
n hand before the new crop begins
o come in. Those who have watched
he growth of the exchange during
he first season feel very well salts
ed with the progress which has
cen made and anticipate an even
etter season in 1928. The exchange
id not plan to handle large amount
f sugar the first season as the
rganization was really an expert
ient- But even with the small
mount handled, the price was in