GOOD YEAR FOR CO-OPERATIVE.

The report of the Co-operative Society published on another page shows an admirable balance for the past year. An increase in total sales of $23,500 over the figures of the preceding year, which amounts to a gain of slightly more than 11 per cent., is a remarkable showing in consideration of the general dullness which prevailed in business circles during the greater part of the fiscal year. The society's prosperity has made possible the declaration of an 8 per cent. dividend in which almost $15,000 will be distributed to the members, a considerably larger amount than has ever been returned before. Such a balance denotes careful management and credit is due the directors of the society for bringing the business through a hard year in such splendid shape.