Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1922-01-27
Losses On Feed BY Farmers
Company Stops Creamery
Gain
VOTE AGAINST TRUCKS
FOR HAULING CREAM
Officers Are EiGcted.--Dairymen
Picnic Proposed For Next
Summer

The farmers who are members OF the
Ladysmith Cooperative Creamery Co.
held their annual meeting at the court
house Wednesday.
Secretary Hadden read the tinan-
cial statement of the concern. The bus
mess has about held its own the past
year and would have made a substan-
tial gain on the old debt but for GER
tain large losses in feed. owing to the
big drop in prices that every business
man and farmer experienced during
the past year.
The butter made was 244032 lbs,
average test 80, and receipts for same
and buttermilk, 500. 5.053.36; $60,647.16
worth of feed and merchandise was
sold
The business has grown steadily for
the past three years under the pres
ent management with e. c. Steubs as
manager and Hilbert Emerson as but
termaker.
There appears TO be Il bright future
for this creamery, and all farmers are
urged to patroniZe their own creamery
in order to make a bigger volume of
business which will effect saving
that means more money for the com
munity
Bought On Falling Market
Manager. Steubs stated that he
bought several cars of oats for the
creamery at time when he considered
them to be good buy. The mar
ket went down and the creamery suf-
fered q loss of $2,490.04 on this deal
This with the other drops were about
4 overcome on the years business, as it
was brought out that the deficit on
feed was made in preceding years
The creamery department was
marked down for a profit of $2,739.90
ON the report.
Raised the Ante
1t was brought out at the meeting
that the cream stations over the coun-
ty near Ladysmfth were paying more
for butterfat because Of the Ladysmith
creamery. At one time evidence was
brought out on this subject, and case
started A ruling was made that the
Sfeam buyers were allowed to pay
what was necessary to meet cOmpetl-
tion.
In holding the price of feed down
and the price of butter up, the Lady
smith creamery has made the farmers
around Ladysmith probably $4,000 to
100000 during it's short existence or
seven years so that while it has made
no success for ITSELF financially, 1t has
added to the wealth of the county by
approximately the figures just quoted
4 concentrated effort will he made to
bring the cream and feed departments
onto it's feet this next year First, by
shorter accounts in the feed business
second, by trife better profit that can
be made on what now looks like rls-
ing market. Third by better grading
of cream, or rather by bringing bet
ter grade of cream to the creamery
fourth. by selling buttermilk, instead
of giving it away.
Not to Collect Cream
Isaac Perry spoke i'll favor OF the
creamery sending out trucks or hlrlns
men to haul cream, stating that it cost
the Barron creamery three cents pei
NNAANN
were now getting five cents premium
\ over New York markets for their but
fer.
B1lttermaker Emerson spoke agalns
the trucks as it added to the cost o.
making butter and necessitated an out
lay of capital for trucks cans, ant
teams, for the purpose. When put e
a vote the members turned the prop
Osition down.
John Schmidt proposed a dairymen'
picnic for the coming summer, whlcl
met with ready response. Mr.. Schoep
offered to get speaker for the occa
sion.
The old officers were reelected an
it was announced that they would NEE
business men of the city at the Cham
Der of Commerce rooms Thursday.