Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1919-11-28
BETTER STOCK;
BETTER MARKET
Purpose of Newly Formed Bank
er-Farmer Exchange is to
Help the Farmers
From Last Weeks City Edition

From Last Weeks City Edition
Both Of the banks Of this city. have
subscribed to the success OF the Bank
er-Farmer Exchange proposition to the
/ time of 500 each to guarantee the sal
airy of Dean Otis, who has charge OF
the exchange for three years
/ EXeland State Bank subscribed $50
and we understand that the rest of the
/ banks of the county have subscribed
in proportion to their capital stock and
ability.
The purpose of the Banker Farmer
Exchange is TO encourage better crops
and live stock and secure a broader
market for buyer and seller
| The Wisconsin Bankers Association
| is back OF. this movement and is ready
! to do its part toward making it sue
cess. In supporting the movement the
banks OF the state hope to render an
additional service to the farmer that
will result in increasing farm profits
! and in aiding agricultural develop
ment.
, The farmer who has one or more
horses. bulls, cows, sheep. hogs, etc.
ports what he has for sale. The items
are noted ON blanks available at the
bank. This list is forwarded by the
! bank to the Banker-Farmer Exchange,
1922 Chadbourne Ave-, Madison Wis,
the same day it is received. This CEN
cir, lbs Iicfe,f
other banks over the state. These will
be classified according to the type of
animal or product offered for sale, and
according to the county where they are
located This central Office will be con-
stantly on the lookout for buyers and
when located will refer them to the
banks where the animals have been
listed. When the buyers report to the
banks the latter will see that they get
in touch with the farmers who have
the livestock for sale. The sale of inn
proved or pure-bred seeds are handled
through the banks in the same manner.
The farmer who wishes to buy a
team of horses. a few cows or heifers
sheep or hogs, can make known his
wants to the local bank. The bank in
his community will report these wants
to the Office of the Banker-F Farmer Ex-
the bank of the nearest place or places
where the livestock can be obtained
and at what price. The farmer desir
ing to make the purchase will be direct
ed to the banks through which live
stock has been listed That bank will
and if found satisfactory can buy at
the price agreed upon with the farmer
who wants to sell. BY handling large
number of animals an excellent OppOr
tunity will be given for the selection
of the type and breeding desired. The
farmer will lose no time in locating
them and as near home as possible and
thus save expense and reduce the dan
ger of accident or delay III shipping.
This plan Of the Wisconsin Bankers
makes it possible for the farmer who
wishes to start raising better livestock
or better seeds TO purchase his fOunda-
ton stock without even writing a let
"A
known to his banker. Again, when he
has breeding livestock or improved
seeds for sale the bank furnishes a
channel through which he can dispose
of his surplus without the trouble and
expense of first working up a reputa-
ton or unduly fitting or fattending his
stock for sale. operations with which
he is. not likely to be familiar and
which are more or less of burden to
him.
When conditions justify. the Bank
er- Farmer Exchange expects to adver-
tise the seeds and livestock offered for
sale. also those wanted This can be
done much more effectively and
economically than would be possible
for the individual farmer who has but
small quantity to sell.
The exchange is supported by five
per cent commission on sales made. and
to be paid by the seller. This commits
sion is for the maintenance of the cen
trail Office, including postage, advertis-
ing. etc. Not cent goes to the local
banker nor is it intended that the
| Bankers Association shall make any
profit from the enterprise. The banks
have put up a guarantee fund to insure
the success of the movement. They
also will give of their time to the hand
| ling of the business that flows through
the banks. The banks are glad to do
| this as a service TO the farmers who
are patrons of their banks, and thus
laid in developing the live stock and
dairy interests of their community
/ - 4----
| KEEPING POSTED
T. r. Farley, of Rippey. Iowa. ar
rived in Ladysmith Saturday for a
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