he company, will give an annual
income of a little more than $900. If we include an added pro rata for
the children, each one will spend annually at least $450 with the store
for goods; and $350 with the restaurant for food. Our statistics show
much larger sums; but these will do for an estimate. Taking these
figures for a basis, we find that the annual sales made to our own
people by the store and restaurant combined, reach the startling sum of
$400,000. A net profit of five per cent on this amount, gives $20,000
each year to the insurance fund. At this rate, the profits for thirty
months, reach the goodly sum of $50,000. To which we may add $2,500
more, as profits on sales to the amount of $50,000, made during that
period by the store and restaurant, to people from surrounding
communities. Altogether, we have a grand up-to-date total for the
insurance fund of $52,500. These profits will continue to increase with
larger sales to outside people; also with the increased wages or incomes
of the co-operators, as the products and profits of the farm continue to
grow.
"Such favorable statistics are very encouraging. They demonstrate that
only a five per cent profit will be needed, to meet all future demands
against the insurance fund, even when the colony has its maximum number
of children and superannuated co-operators. The remaining profits, which
in some departments of the store are large, may wisely be devoted to
educational and missionary work.
"From another point of view, this eloquent array of figures, has an
additional value. They show conclusively, that the restaurant alone
furnishes a home market annually for $175,000 worth of farm produce:
beef, mutton, pork, lard, honey, syrup, milk, butter, cheese, eggs,
poultry, vegetables, fruits and grains.
"If we consider the sales made by the store, we find after deducting the
cost of raw material, that at least fifty per cent of the goods
purchased by our people, are really the products of the skilled labor of
the farm: such as crockery, furniture, willow ware, picture frames,
brushes, clothing, underwear, bed furnishings, and goods from the
tailoring, dress-making and millinery departments. From this showing it
will appear, that the store becomes a home market each year, for farm
products to the amount of $112,500. To this, let us add the sums of
sales through the restaurant, and those made through the markets of the
outside world. Altogether, we have a grand total
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