Williams news., 1922-08-04
PRODUCER-OWNED AND
 CONTROLLED MARKET
Chicago Commission Association Formally Inaugurated With
 s. w. Doty as Manager.

The opening of the Chicago Pro ducerS' Commission association on | June 19 gave the largest live stock | market in the world a producer-owned l and controlled marketing organiza- tion.
 In the second week of its existence the cooperative company ranks we'll up toward the top of the POO commis- sion companies at the Union Stock Yards. One hundred and thirty-two cars were handled in the first nine days of business.
 The Chicago Producers Commission association was the third firm organ ized under the auspices of the Ma tional Live Stock Producers associa- tion, set up by the farmers live stock marketing committee of 15 appoint ed by the American Farm Bureau fed eration. The Chicago commission house will handle live stock chiefly from Illinois, Iowa, Indiana, Wiscon- sin, South Dakota and southeast Min neSOta. A large number of co-Opera- tive shipping associations in those states have sent in memberships. S. W. Doty is general manager.
 The second cooperative terminal commission house established under
 
 opened May 15 in Indianapolis. The second week after it's opening it took first place at that market.
 The producers company at Ma tional Stock Yards, Illinois est. Louis markeD, is the oldest one belonging to the National Live Stock Producers association, and has been in operation since January 2, 1922. The value of the live stock handled by these two companies every week exceeds $5OO,- GOO. Elsewhere the cooperative mar keting of live stock is rapidly winning the confidence of the producers.
 The Central Cooperative Commission association of South St. Paul, Minn., re- ceived 2S7 cars in one week. The sur plus this Minnesota company set aside in the first five months of 1922, and just reported to the local shipping as- SociatiOns throughout the state, totals | $4S, ,1S3, after paying the entire cost | of operation and handling the largest | volume of business on the market at | rates considerably below the prevail ing commission charges. The com pany already has paid back to its patrons in patronage dividends more i than $19,OOO, a sum larger than the total amount invested in its capital
  0f the Minnesota Farm Bureau fed eration has compiled figures showing hat the money invested by live stock producers to establish their own sales agency on the terminal market amounted to less than 45 cents apiece. Tn the first five months of 1922 the Central association has handled 5,S49 carloads of stock; the total volume of business on the market amounted to ,nly 23,0S7 cars. The cooperative irmS business so far this year has ,een more than four times as large IS that of it's nearest competitor
 Cooperative live stock shipping in Ohio in May broke all previous rec 'rdS, according to figures just com 'iled by F. G. Ketner, director of live tock marketing for the Ohio Farm Bureau federation. The net market alue of stock shipped by 51 county ompanies and two local units was 1,37O,31O-62 for the month. These gures represent the shipping of 2,24S hogs 2,412 cattle, 5,754 calves nd 12,727 sheep, totaling in weight 4,25S,33S pounds. The service was I sed by S,S14 shippers who sent 924 ( oors of stock to the terminal market { trough their cooperative companies , he average marketing expense, ex- I luS1ve of shrink, was 67 cents per ( undred. During the past 12 months Ohio live t tock producers have shipped S,11O | DOTS of live stock, representing in ( larket value more than $10,000,000. $ lie total expense for the past year. 1 ScluSive of shrink, was T cents per , the 67-cent figure for lay of this year showing that such f 1pense is being reduced by good busi- S ass practice.
 Say It With Cars" Is the slogan hich live stock producers seem deter ined to follow when it comes to SUD- 2 nl.t thnir. o,nr,n cnrnr,,s l,...1..