American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1921-07-29
QUESTIONS AUDIT
WHEATGROWERS
Chester Greene, District Manager Of
Oneida Elevator Company says
His Elevator Paid a5 Cents a Bnshel
More Than Association.

uneulA EtcNhtOT tVmpnHys N"1S
His Elevator Paid sa Cents Bushel
More Than Association.
Denial of the statement published in
the audit OF the Wheat Growers Asso-
citation that the farmer members had
received rs cents a hushel more for
their wheat than non-members is ex-
pressed In a letter received today from
Chester Greene, district manager OF
the Oneida Mil and Elevator Com~
pany at Gooding. Mr.. Greene further
states In his letter for publication that
his company actually paid Sbia cents
a bushel more for wheat than the
Wheatgrowers Association and that
difference was spread over eight sta
stions In the Snake River Valley. Mr..
Greene's letter follows;
"Gooding, idaho, July 20, 1921.
"Mr. X. IL. Torrance, Manager,
American Falls Press,
American Falls, Idaho.
II have before me a summary reporf
of the Idaho Wheat Growers Associa-
ton dated June 30, 1921. This report
has the statement In IT, that the aver
age price paid by local dealers dur
ing the season was $1,37 per bushel
or s Is less than the net amount real
ized by members of the Association
and produce the following exhibit:
BASE: No. / Red Wheat
Average price received, per
hu.
Less deductions for expenses,
etc. per bu......,.....,.,,,,y...,,,,. ,ihS4o
Net amount realized by mem
bers, per bu. ,.,....,,.-.,..,.,...,.. i'obloo
Average price paid by local
dealers, per bu.,.......,...... ..,....., l.Sff
Net gain to members, per bu, .l77sS
Questions Figures.
81 do not know Just how our friends
figured the average price paid
L by local dealers" unless they
added the price paid each day for the
entire year and divided by 3Sb days
which would give the average price
offered but not paid. Had the dealers
bought each day during the entire year
the same amount OF wheat, then that
price might be correct, but that IN not
| the case. Most of the wheat was MAJ
lketd lnat Fall when prices were much
higher than they were this Spring.
lare not correct and are misleacinH
In order 30 put the true facts as they
nro before Association members ana
any one not n member that might have
read the report, we wish 10 make the
following comparisons.
Base: All Grades OF Wheat Purchased
Average price paid for wheat
June 3. 1920 TO May II, 1s2ib
bus. ....,...,...,...........,-.--. sl.oOo
Expense already deducted -.-....,.,..
: Net amount realized by our
customers, bus ..........,,........ l.yot
. Average price realized by Asso-
4 citation Members, bu ..h.......,... l.bbl
0 Net gain To our customers, bus. ,3bl
Eight stations Included =
"The above average price paid IN
, cludes all wheat purchased betweei
y June g. 1920 and May IL. 1921, whlel
time we closed our books for the year
= THE figures include American Fdlls
- Gooding, Hichficld, 0annett and fou
side tracks and shows that We palt
/" considerable more for wheat than the,
!, did, and that their report aa to th
!, price paid by local dealers In a falls
- statement
i 1--WE wish to go on further with ou
" comparisons:
;, Average Selling Price.
!, Our average selling price for
y 1920-ig2t, bus. ..a................ s1.757
- Association average selling
y price 1D20-l921, bus. ...,........ 1.705
= LOSS 10 Association Members .05.
- Comparison OF Amount Deducted f.
. Expense.
Less deductions for expense by
the Association .a............ 1884
% Our deductions at time Of pur-
d chase for handling, bus. .0700
ie Loss to Association Members .0s34
u Comparison OF Amount Ut Money
Paid
ie By ourselves - 100 per cen
Is the Association ,.. -. rs per ecn
T Net gain 10 farmers not
70 members ........ 25 per cen
D. Farmers Should Receive Money.
p Il take II that Association Member
=, have not received this Is per cent a
y the BALANCE SHEET shows there
! due members g57,207,9l The sam
sr DdihHCo nn'tL bHpWb buHg Ihft N9o
81 S22.G8 In the bank. DO the officer
n OF the Association figure on buyin
!, elevators and warehouses with thI
~ money I understand some are bein
figured on. Surely the farmers hay
q had q hard enough time getting alon
n without money and they should receiy
"a Immediately what II due them.
in THE report and balance sheet sho
a they have Oyerpaid some farmers SIS
20 02454 The Association has acceptt
interest bearing notes from member
whom they over paid 10 rtheir graf
ID and that this amount Will be deductt
m out Of their first sales OF wheat. "
ID too, paid good many farmers u
C. much money for their wheat but we al
A. not asking them TO return II. The farm
"a er sold II to ug because he thou ght IL