ill suffice:

An ideal cooeperative association is one in which there are no profits
nor dividends. Every member of the whole organized association is a
producer. All of the product grown by a member is sold through the
association. The association is democratic, all members having an
equal voice in its management and all sharing alike in its successes
and failures. When profits arise of necessity, they are distributed to
the members of the association in proportion to the amount of business
each has done. The work of the organization is conducted at as near
cost as possible and profits are declared only after expenses,
depreciation, interest on capital for future operations are deducted.
Thus it is seen that the plan of the organization is to give each
member as nearly as possible the exact price his fruit has brought in
the markets.

VINEYARD RETURNS

Grape-growing as a business is a comparatively new industry in
America. It is true that the first attempts at growing this fruit were
made to found an industry, but these were complete and dismal
failures, and the start in growing grapes in America eventually came
as a pleasing hobby. In evolving from a hobby into vineyard culture on
a large scale, the business side of the industry long lagged. At
present, with increasing competition, manifold uncertainties in
vineyard conditions, and much unbusinesslike administration, interest
in cultural operations, with which pioneers in the industry were
chiefly concerned, is eclipsed by the conception that grape-growing is
a highly developed commercial enterprise requiring for success careful
business management.

Unfortunately there is nowhere a substantial body of figures from
which growers can obtain a fair conception of what the outgo and
income of average vineyards in grape regions are. The value of such
data to investors or to those making an effort to keep track of the
finances of their business is obvious, and an attempt is made here to
put the reader in possession of figures that ought to be helpful. The
data given, although scant and fragmentary, show fairly accurately the
cost of producing grapes, selling prices and profits in the culture
of this fruit in one of the great grape regions.

The New York Agricultural Experiment Station is carrying on
experiments to determine the outgo and income from vineyards in the
Chautauqua grape-belt. The work is not yet finished, nor could the
findings be published in detail b