The producers news., 1918-07-12

'iiCin WItHIn one hour"
nave not calculated to the exact
hgure just how much / lost on This
transaction, but approximately 81 o0o
on the bunch.
then discovered that the specn-
iatofs make regular business of
making the rounds of the stockyards
carly on market days and buving m
I'll the cattle they can buv. takino
mem over to their pens and resell
ng them on the same day. I pre-
sumo, while [ don't know. that T am
not the only victim Of the SPECTATORS
VINO operate on the South st. Paul
stock market.
Yours truly,
(Sgd.) U. L. BURDICK.
Such was the condition at the
Stockyards and such was the cond5-
ton that the Equity Exchange true
20 It's fighting history, went into the
geld to combat and which it has con-
I0oACd W q great extent.
That the quity has been success
-ul IN its fight is shown best in fig
ures that reveal that over $4,000 900
worth of cattle, sheep and hogs have
oeen handled there. There is not a
iecord on the boo.ss Of dollar lost
through a bad account and a weekly
increase is shown with the ratio as
llgh some weeks as 100 per cent.
More than $4,000 pigs have been
trough the Equity department. and
hipped to Iowa, and the Corn Belt
farmers who have done business
through the office are testifying to
their faith by continuing to have the
Equity handle their cattle.
These are some of the facts con-
nerning the South ST. Paul office, al
so some of the facts that will develop
from the Chicago agency to accrue
to the benefit of farmers:
"Iowa, Illinois, Minnesota, Wiscon-
sin and Montana farmers will buy
and sell their cattle at Chicago
through a farmers organization in
stead of buying and selling them
through the old established dealers
and paying the spectators profit on
the same.
pigs will be fed and shipped from
the South ST. Paul Exchange to the
Chicago Exchange with no profit ex-
cept to the farmers themselves, as
they will own both commission houses
and divide their profits above the ac-
tual expense Of operation, with their
customers.
iowa farmers, especially, will be
benefited for they @wilfT be given
stocker and feeder cattle direct
through the Equity Exchange.
North Dakota, not being a dairy
state and producing cGttle Of a beef
type and not producing corn to feed
them, markets the best class of feed
ers on the South st. Paul market
that are marketed in the United
States and these will be handled
through the Chicago department.
The Chicago office will be managed
by A. E. Damn, we'll known stock
raiser and grain grower, Centerville,
S. D.
The Chicago Equity Office will be
operated on exactly the same lines as
all other features instituted by the
Equity COOPERATIVE Exchange which
mas become known to farmers of the
North and Middle West as the great
EST boon they have ever known to get
he most out of the hard labor at
which they are toiling daily.
The Equity COOPERATIVE Exchange
was founded in 1911, with a small
frame structure at Moorhead, Mime
sofa, for headquarters. From the
lay it started, it has grown and de
1eloped, until today it can announce
hat more than $45,000,000 worth Of
farm products was handled on its
ooc'.s last year.
Every farmer working through thf
Equity Cooperative Exchange is
profit sharer in the business and
therefore every profit sharer is
'eal booster.
It is this boosting spirit that the.
Equity is going to instill into is Chi
ago department, August 1st, when
or the first time in the history of
hose enormous stockyards, farmers
Will come into their own full rights
md buy and sell cattle without being
7ictims of the spectators.
i /