The weekly times-record. (Valley City, N.D.) 1912-1922, 1916-08-10
News Notes Of Equity Exchange

ing from $4,000 to 100000 worth of
stock per month in the exchange.
This means that the exchange will
soon be in position to handle the grain
business that is coming it's way very
easily. 1t also shows the right kind
of spirit on the part of the farmers
that are being benefited by the fight
that the exchange is putting up in the
terminal market. Most farmers un
derstand that the exchange is doing
for the terminal market just what
farmers elevator will do for the local
market in a country town. 1t compels
the others to pay up for grain.
During the past month the receipts
of grain by the exchange have been
from 40 to 100 cars per day, which is
a great showing over last years re-
ceipts.
President J. M. Anderson has return
ed from Winnipeg, where he had been
in conference with the Grain Growers
company, and they are considering
the advisability of placing on the St.
Paul market a buyer who will bid for
all our export grain. This will be
great help for the St. Paul market,
and along with number of new buy
ers that have recently come to our
market, it will help materially in get
ting rid of the large volume of grain
that is going to be consigned to st.
Paul this year.
During the past week the suit
q painCt tho Etr1lifxy
change, brought by the state of North
Dakota, has been dismissed but have
you noticed that the dismissal of the
suit did not get anything like the line
of publicity from the gang papers that
the bringing of the suit did at the
time it was started.
During the past week one Minneapo-
lis chamber of commerce firm has
been sending letters out over the coun-
try to grain buyers, who are out of po-
sltlOns, telling them of ten or II ele-
vator companies that need managers,
and asking them to apply for the same
and cautioning them not to tell the
farmers elevator board of directors
who had asked them to apply, as they
ou1u OOA1C VI LuCoC ldl elevator
boards have queer notions" They
are up to the same old game of try
ing to get managers into farmers ele-
vator companies who are favorable to
them, but they are finding trouble
these days in pulling these deals
across, hence they are telling the man
ayers where the positions exist and
letting them find their own positions,
and are even cautioning them not to
tell that they have been asked to ap-
ply for the position by chamber of
commerce firms.
M. P. Johnson, of Tolley, N D.,
member of the national board of d.
rectors of the American Society of
Equity, passed through St. Paul this
week on his road to greensboro, KY,
to address the tobacco growers of that
state on the subject of real co-opera-
ton among producers:
Last Saturday the stockholders of
the new Marion Equity Elevator COM
pany at Marion, N. D., held their first
stockholders meeting. A permanent
board of directors was elected and i'm
mediately after the election the board
elected John Nelson, brother of Au-
gust Nelson, the Equity standby, as
manager of their company during the
coming year.
On Monday evening, July 81, Fred e.
Osborne journeyed to Madison Lake,
Mimi, and assisted the farmers of that
p1oao M
elevator company. There was a good
crowd present at the meeting and the
farmers were very enthusiastic in
their efforts to start real co.opera-
tive company. All legal papers for
the organization of the company were
drawn up and completed before the
meeting adjourned. D. E. Johnson, of
Madison Lake, is a good strong Equity
man who is actively interested in the
promotion of the new company.
A. e. Cooper, manager of the Far
mers' Elevator company at Lisbon, N.
D., was a very pleasant caller at the
Exchange last Tuesday. Mr.. Cooper,
being personally acquainted with
many of the officials of the exchange,
was especially welcome and his visit
was very much enjoyed.
President J. M. Anderson made
trip to Superior Tuesday in the inter-
est of the exchange.
Roy A. Corbett, assistant instructor
of physics at the North Dakota Agri-
cultural college, was pleasant caller
at the St. Paul Office this week. Mr..
Corbett was much surprised to find
that the headquarters Of the Equity
cooperative exchange had grown to
the proportions that they have.
D. E. Blake, who recently accepted
the position of cashier and head &C.
countant for the Equity cooperative
exchange, made a flying trip to Pee
yer, S. D., in the interest of the ex-
change. He found the farmers in that
locality very enthusiastic over their
terminal selling agency for grain, and
he had little difficulty to get vote of
shipping the grain to the Equity ex-
change. Mr.. Blake, however, reports
that the crops near Peever are not the
best.
DAILY FARMERS CLUB
AIDS LOTUS FUND