South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-03-11
In Eight Weeks Producers
Live Stock Commission
Gains First Place.

Gains First Place.
on its eighth week and handling
So cars a week thus ranking trst
place among So commission firms, is
the record OF the Producers Live
stock Commission association. which
opened al the National stock Yards.
East St Louis. H.. Jan. ,.
This company is one OF the chain
of farmer owned and controlled live
stock commission houses which viii
be joined together by the National
Livestock Producers association. It
is organized according 10 the plan
worked out by the Farmers Live
stock Marketing Committee OF Fiji
teen
The livestock producers in the 81
Louis territory have not only lived
up TO their determination TO make
the St Louis terminal company
success, but have attained first place
much sooner than anyone antici-
pated The first week. Jan. 2-6. "A
cars were handled, the eighth week,
Feb. 1924 Sc cars were handled
Starts Earning immediately.
Contrary 70 what usually happens
the new producers company NOT
only paid expenses the first week.
but was able 10 put a stable per
centage Of the commissions collected
into its earnings account. The sec
ond week il was able to put four
times as much into its earning ac-
count and il has increased CORES
pondingly ever since As the COM
pany operates on a cost basis, all
earnings Will be prorated back TO
the members. Prices which its mem
bers have received for their stock
are said to average higher than the
average that the packers have paid.
The fact that the livestock COM
mission houses operating according
to the plan of the National Livestock
Producers association are owned
and controlled by livestock farmers
vii insure them that their most inn
portant interests viii be handled
as they want them handled X is
a requirement that the directors Of
these commission companies ne
bOna-fde producers of livestock.
Such men know what the stockman
wants in the way OF service and
he is assured that they will see the
employees of the commission as~ooi-
ations furnish the service wanted.
The taking over by the farmer of
the activities connected with the
marketing Of his livestock does not
offer anything new or revolutionary
in the plan usually followed i'm dis
tributing products. II IS the usual
rather than the unusual for manu-
facturers or producers Of raw ma
terials TO sell the output of their
own plants or mines TIE farmer
may be classed as "a manufacturer.
and surely his being producer OF
raw products cannot be denied Let
US take a lesson from efficient bust
ness concerns and establish and sup
port our own marketing agencies
for livestock
There is no question but that co..
operative commission companies can
hire men Of as good ability as can
the old line firms.
W III OIH-ll III Nbtttff NtAta--
The plan Of the National livestock
Producers association is the only
one. either private or cooperative.
which contemplates the building of
commission companies according 10
national plan The advantages OF
this plan are strengthened with the
going into operation OF each new Of
fee The Office at the National Stock
Yards. East ST. Louis. III. market is
in operation and has already headed
the list i'm volume of business as
compared with more than so firms
doing business on that market.
Plans are made for opening Offices
in Chicago Indianapolis, Buffalo.
Pittsburg. Cleveland. Cincinnati. To-
ledo and Detroit In fact within ,
months companies Of the National
Livestock Producers association
should be operating on a. least T.
markets
Everyone connected with the mar
keting Of livestock realizes the need
for a better regulation Of the
OF cattle. hogs and sheep 70 mar
ket. Nothing short of farm ers'
marketing organization working
along national lines will ever be able
TO get results along this line There
the many other changes Just as fun
damentaI which are contemplated
in the plans Of the National Live
stock Producers association. All
these things VIII come with the in
creased support given com mission
associations Of livestock producers.