Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1921-11-04

; growers, giving the farmer the CnOlce
of three methods of selling his grain
through the central marketing agency
direct sale, consignment and pool
ing"
Stock Firm Saves Shippers $4,000
st. Paul, Nov. 3.-The cooperative
livestock sales agency established by
Minnesota producers on the South St..
Paul market a few weeks ago has
saved the farmers, in actual cash, more
than the total amount of money they
invested in its capital stock.
That is the report issued today by
the investigation department of the
Minnesota Farm Bureau federation.
Since the Central Cooperative Commits
sion association opened for business
on Aug. 8, it has saved it's patrons
5000 by handling their livestock at re-
duced commission rates, the farm
bureau report said.
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 re-
ceived. The farm bureau statement
estimates this surplus at $500.
The Central Cooperative Commits
sion association has handled the larg-
est business done by any firm on the
market, at an operating cost at least
| $4,000 less than the farmers of the
northwest would have had to pay for
| an equally large volume Of business
without cooperative sales company"
the statement said.
! 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-
ule Of rates. The charges put into ef-
feet by the farmer-controlled company
| are estimated to be 20 to IS per cent
less than the prevailing rates.
The farm bureau report summarized
the work Of the central livestock SELL
ing agency as follows:
t'Farmers have invested $4,000 in
the capital stock Of the association,
already the savings to the livestock
producers, in reduced handling charges,
are greater than the capital stock in
vestment. Savings to the farmers from
lower commission rates and the surplus
accumulated by. the cooperative com.
pany are within $4,000 Of being equal
to the total amount invested in CAPT
tai stock and membership fees.
sit is estimated that 10000 farmers
are members of the cooperative ship
ping associations which have joined
the central sales agency. The total in
vestment of these farmers in the cen
trail company is less than IS cents
apiece
The farmer-controlled firm, although
less than three months old, is handling
nearly three times as much business as
any other firm on the market.
From August to Oct. 10, it handled
117,904 head of livestock; it's nearest
competitor handled 43,784.
In the same period, it handled 1865
cattle, 1886 calves, 65, 1865 hogs, and
q, 548 sheep. The next largest volume
of business handled by any other firm
was 1856 cattle, 4,039 calves, 22,665
hogs and 1850 sheep. 5:s.
4 On one day this month, the cooper
alive concern received 81 Of the 242
cars arriving on the market. It has
handled as high as SO cars in single
day. .s u. II. Isl.
It handled ], ia cars from August 8
to September 80: there are 20 firms on
the South st. Paul market which
handled less than that number in the
whole nine months ending September
30! Nj.
Morrison Joins Creamery Association
Officers of the z eos operative cream.
seriessin Morrison county which have
joined the Minnesota operative
sCreameries \: associa ion, are beingEl
notified by q their state. narlketinp and
service g! ton that the first dist
Iitriet unit of associa ton ii ready