Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1922-06-28
GRAIN GROWERS SALES
BRANCH IN NORTHWEST
Capital and Credit Available for Open
ing Offices at Minneapolis, Sayse
III. G. Lau

rar s.
st. Paul, Mimi, June 22-Tentatiye
arrangements for the establishment at
minneapolis of branch Office Of the
u. 5. Grain Growers Sales Company
were outlined here today by H. c.
Iau, of Tracy, who last week attend
ed the regular quarterly meeting of
the board OF directors at Chicago. Mr.
ship on the board -
The y. s. Grain Growers Sales
Company is a subsidiary of the U. s.
Grain Growers, Inc. The grain con-
tracted by the organizations 10000
members in the Northwest will be
marketed through the Minneapolis
Office. H.
During the meeting, G. H. Gustaf-
son, president, placed before the di-
rectors a complete report of what
the administrative officers have been
doing since the corporations annual
meeting in March along the line OF
establishing sales agencies in ample
time to handle grain this year.
Organization work in this section
will continue to be directed froms the
branch Office at 504 Commerce Build
ing, st. Paul, Minnesota, in charge OF
S. E. Elliott.
Negotiations for $4,000 needed to
meet capital stock requirements of
the Chicago and Minneapolis grain
exchanges and for credit of $1,000
900 or more to finance grain move
ments are practically complete, Mr..
Lau said.
Direct Sales Are Possible
1.-The sales offices will handle grain
through the grain exchanges only as a
part of our selling and grain handling
arrangements, Mr.. Gustafson told the
board. "We have examples of farm
ers' firms who attempted to handle
grain without membership in the es-
tablished exchanges. with the result
that gOOdly proportion of their re-
ceipts had to be resold to commission
men holding memberships or to Seal
pers.' We are going to profit by this
mistake"
Burton F.. Hales, of Chicago, farmer
business man and formerly active in
the grain markets in the barley and
feed business, is the man who stands
ready to give this financial assistance
TO the Grain Growers selling opera
tons. He is now devoting practically
all his time to his 500 acre farm out
side Of Chicago, where he has herd
of more than 200 registered Short
horns.
Says Producers Need Help
IF l can help grain growers in this
Way-and they need it and can do
it with financial safety, that is all I
SEEK" is Mr.. Hales comment on the
financial arrangement.
G. w. Hales, a nephew of Burton
Hales, successful feed manufacturer,
has been in active charge of negotia
tons with the U. S. Grain Growers.
The interest of the younger Mr.. Hales
in cooperative grain marketing dates
back to the time when the Committee
of II conducted it's Investigation. At
that time, Mr.. Hales placed his ser
vices at the disposal of the commit
tee. Mr. Hales originally was farm
er and started in the grain business
as labOrer in one Of his uncle's
terminal elevators at Chicago. He
advanced rapidly until he became man.
ager of the elevator and then started
his own feed and grain company, with
his uncle's assistance.
" We LII OVnlAUA
Control of the sales Offices will re-
main in the hands of representatives
of members of .. S. Grain Growers
under the financing arrangement with
Messrs Hales. There is no chance
whatever for any form Of outside con-
troll, according to Mr.. Lau. -
Whenever it is possible to obtain
finances from farmers or from farm
ers' elevators, loans made by the
Hales can be paid off at once. The
loans were considered advisable at
this time, because the financial con-
dition of farmers generally and OF
farmers elevators in particular does
not make it probable that enough ca
pital stock in the Sales Company
could be sold in time to handle the
1922 crop. 49, =. -.
Direct Sales Sought g.
Advices from millers, Atlantic Coast
farmers organizations and importers
asking for an opportunity for enter
ing into contracts for direct ship
ments Of grain Of standard grade
and quality are constantly coming to
the national headquarters of the COM
pany, according to- Secretary Frank
M. Myers.
Arrangements for the use of ter
minal elevator facilities and especial
" for the use of conditioning equip
ment are now being negotiated with
Messrs. Hales as an additional under
standing. The Hales' RivervleW ele-
vator and conditioning plant is one
Of the most modern and best equipped
in the Chicago terminal.
g. E. GUNNELS CHOSEN
GROWERS TREASURER
Charles p. Gunnels, treasurer of the
American Farm Bureau federation,
has been elected treasurer of the U.
S. Grain Growers, inc. He will serve
the Grain Growers without salary,
and accepted the responsibility as a
means of extending the service Of the