Agriculture -- Canada; Agriculture -- Canada -- Societies, etc.
Thus the Trading Department of the Saskatchewan Grain Growers'
Association takes the form of a Central Office, or wholesale body,
through which all the Locals can act collectively in dealing with
miners, millers, manufacturers, etc. The Central sells to organized
Locals only, they in turn selling to their members. The surplus
earnings of the Central are distributed to the Locals which have
invested capital in their Central, such distribution being made in
proportion to the amount of business done with the Central by the
respective Locals.
During its first season of co-operative purchasing the Association
handled 25,000 tons of coal and in a year or two there was turned over
in a season enough binder twine to bind fifty million bushels of
grain--about 4,500,000 pounds of twine. When the Western potato crop
failed in 1915 the Association imported four and one-half million
bushels of potatoes for its members, cutting the market price in some
cases a dollar per bushel. Flour, apples, cord-wood, building
supplies, vegetables and groceries likewise were purchased and
distributed co-operatively. The savings effected by the farmers cannot
be tallied alone from actual quantities of goods thus purchased through
their own organization but must include a large aggregate saving due to
reduction of prices by outside dealers.
Such commodities as coal and flour being best distributed through local
warehouses, it is likely that eventually the Saskatchewan Co-Operative
Elevator Company will take a hand in helping the Association and the
Locals with the handling of co-operative supplies by furnishing the
large capital investment needed to establish these warehouses.
The necessary financial strength to accomplish this is readily
conceived to be available after a glance at later developments in
Saskatchewan. The co-operative elevators now exceed 300. The figures
for the season of 1915-16 show a total of more than 39,000,000 bushels
of grain handled with an additional 4,109,000 bushels shipped over the
loading platforms. Without deducting war-tax the total profit earned
by the Saskatchewan company within the year was in the neighborhood of
three-quarters of a million dollars. The Saskatchewan Co-Operative
Elevator Company in 1916 began building its own terminal elevator at
Port Arthur with a capacity of 2,500,000 bushels. By this time there
were 18,000 shareholders with a subscribed capital of $3,358,900, of
which $876,000 was paid up.
In these later years a remarkable development is recorded also by the
Saskatchewan Grain Growers' Association until it is by far the largest
and best organized secular body in the province with over 1,300 Locals
and a membership exceeding 28,000.
Public-domain text, read in full here on John Shaqi.
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