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Co-operative Dividend Announced

NO WRITER ATTRIBUTED

The annual dividend of the Harvard Co-operative Society will be paid at the Co-operative office in the main store in Harvard square beginning next Wednesday morning at 9 o'clock. Last year's membership cards must be presented in order to obtain payment.

The dividend rate this year will be 9 per cent., the largest rate that the Co-operative Society has ever paid. This will involve a disbursement of $18,500, over $3,000 more than last year and three times the amount paid five years ago. This large dividend is made possible only through the fact that no less than 44 per cent. of the total business of the Co-operative was transacted with non-members who do not share in the profits. During the past year the sales to members amounted to only $205,840.50 or 56 per cent. of the total business.

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