Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1914-09-24
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s.. PAUL WANTS
FARMERS GRAIN
Equity Cooperative Exchange
Nay Move From Minneapolis.
ORGANIZATION GROWING FAST
Expects 70 Handle Large Percentage
Of Northwestern Crops Within
. Few Years.
! ORGANIZATION GROWING FAST

-
minal grain marketing agency, will
NOV from Minneapolis to st. Paul.
Business organizations OF st. Paul
are negotiating with the farmers and
II present plans are carried out the
headquarters Of the farmers co-opera-
tive grain marketing movement will
locate In the SANITY City. This means
also that st. Paul will be headquar-
ters for the cooperative marketing
movement in various other products
Ia which farmers are interested.
The many Northwestern farmers
who are back Of the farmers cooper
atiye marketing movement feel that
their terminal grain marketing agency
has never received q fair deal from
business men OF Minneapolis. The
Equity Cooperative Exchange has
made steady progress since it was or
ganized In August, 1912. but 1t has
had the fierce opposition Of the COM
bined grain interests in the Mime
apolis Chamber OF Commerce right
from the start. The Chamber OF
Commerce interests are closely afil-
lated with. banks and other business
institutions OF Minneapolis.
At the big cooperative marketing
convention held In Minneapolis a few
\ weeks ago, st. Paul business men in
vited the farmers TIC locate their co.
operative exchange in that city. The
fact that the large volume Of grain
handled BY the Equity Cooperative
Exchange Is sold almost entirely to
mills and buyers outside of Mime
apolis, which would make 1t possible
for the farmers exchange to establish
It's headquarters in either city, gave
ST. Paul Its opportunity. St. Paul
business men see In the Farmers
Equity Cooperative Exchange an op-
portunity to get for st. Paul q good
share Of the grain trade.
Movement Grows Rapidly.
II Is predicted by men who have
given the matter careful study that
the Cooperative Exchange will be
handling 9 large percentage Of the
Northwestern grain crop in a com
x64hkAVGAy Wv yCoA6s AA0 A1CA6 vi
Western Canada entered the terminal
grain markets with their own agency
only q few years ago and are now
handling almost one-half Of Canada's
annual grain crop. The Equity Co
operative Exchange has shown that 1t
can build up a market for grain out
side the Minneapolis Chamber of Com.
merce and Duluth Board Of Trade,
and With adequate terminal elevator
facilities and fair treatment in bank
ing accommodations the volume OF
grain handled by the Farmers Co
operative Exchange Is expected to in.
crease rapidly. This business cleared
through st. Paul would add nightly
10 the SANITY City's trade totals and
subtract just that much from the bust
ness Of Minneapolis.
Farmers Want Open Market.
The farmers interested In the CO.
operative marketing movement are de-
terxnined to cur better terminal
marketing conditions. The recent co.
operative marketing convention in
Minneapolis took steps to carry on the
hight for m open public grain market
aud to reform abuses which they say
have grown up In the grain trade.
Some OF these abuses they propose to
reform ~ legislation, others by Gre
Ating m open board Of trade, which
Will DO established In st. Paul In case
the Equity Cooperative Exchange
#naoves 10 that city.
NM SAf%A 4.. NS Eg%@