Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1921-11-02
STOCK FIRM SAVES
SHIPPERS $4,000
Cooperative Selling Agency Pays For
Capital Stock Investment 5.J5
#55. sss$ i5Et IL Weeks NJ, n n

~ lie c0-OIeiallN e 1lNCSlOCA TSsAlcS 9iSell-
ICY established by Minnesota producers
on the South st. Paul marketa few
weeks ago has saved the farmers. in
actual cash, more than the total amount
Of money they invested in it's capital
stock. |"& S=& .tEN; Il I. Il @}@ GI
That is the report issued today by the
investigation department Of the Min
neSOta Farm Bureau federation. Since
the Central Cooperative Commission
association opened for business on Aug.
s, it has saved it's patrons $500 by
handling their livestock at 4 reduced
commission rates, the farm bureau. re
port said. LIZ r.
Besides reductions in commission
charges amounting to more than $4,000
in II weeks, the central agency has been
able to set aside approximately 20 per
cent of all commissions. received. The
farm bureau statement estimates this
surplus at $1,000. Id.
'"The Central Cooperative Commits
sion association has handled the largest
business done by any firm on the mar
ket, at an operating cost at least 3D.
600 less than the farmers OF the north
west would have had to pay for an
equally large volume OF business with
out cooperative sales company" the
statement said. .4> n J.. t.. ..r7,! II
The cooperative agency is charging
the commission rates fixed by the state
railroad and warehouse commission, al
though an appeal to the courts on be
half of private dealers has prevented
general enforcement of the new sched-
ules of rates. The charges put into ef-
feet by the farmer-controlled company
are estimated to be 20 to 80 per cent
less than the prevailing rates. ~. -
The farm bureau report summarized
the work of the central livestock sell
ing agency as follows: J.. q, s.s~< -.
Farmers have invested IS, 400 in the
capital stock of the association; already
the savings to the livestock Producers,
in reduced handling charges. :are great
er than the capital stock investment.
Savings to the farmers from lower
commission rates and the surplus ae-
cumulated by the cooperative company
are within $4,000 of being equal to the
total amount invested in capital stock
and membership fees. ,.,
1T is estimated that 10000 farmers
are members Of the cooperative, ship
ping associations which have joined the
central sales agency. The total invest
ment of these farmers III the central
company is less than 43 cents apiece.
The farmer controlled firm, although
less than three months old. is handling
nearly three time$taS much business as
amy other firm on the market. 1850 -
From Aug S to Oct. - it handled
117.3O+ head Of livestock: its nearest
competitor handled 1854. $}@
In the same period. it handled 1869
cattle, 1886 calves. 65.165 hogs. and
II ,54S sheep. The next largest volume
of business handled by any other firm
was 1876 cattle. 4.O39 calves. 22.66:
hogs and 1900 sheep. ."f.s =.
On one day this month, the co-opera
tive concern received 81 of the PAP cars
arriving on the market. 1t has handled
las high as IS cars in single day.
1t handled 1,144 cars from Aug. s tt
Sept. 80; there are 20 firms on the
South ST. Paul market which handled
less than that. number in the whole
nine months ending Sept. 80. .,&