Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1933-01-12
CENTRAL COOP
PAYS REFUNDS
Farmer.Owned Livestock ellfng
Agency at South st. Paul Will
Rebate SI39, 4O2.O5.

According to an announcement is.
sued from the Central Cooperative
Association in South st. Paul, farm
ers of the northwest who belong tC
that farmer-owned and farmer-cOn-
trolled organization. will reap good
benefits CT cooperative marketing, for
the board. of directors have declared
a 35 per cent patronage refund on
commissions charged in 1882. in adj
dition to an per cent dividend on
capital stock outstanding, that being
the maximum permitted to be paid by
the cooperative laws of the state OF
Minnesota.
In dollars and cents, this refund
totals $139,402.05, the largest to be
paid by the Central during it's exist
ence of II years, and exceeding the
1881 refund by $19,136.26. Through
reduced marketing costs and annual
refunds, this organization has saved
its stakeholder patrons approximately
two and one-half million dollars dur
ing the II years that it has been oper-
taing on the market, and checks COW
ering the 1882 refund will be ready
for mailing on or about February /.
Lead All Livestock CO.OpS.
Handling a total of 20,57O carloads
of cattle, calves, hogs, and sheep dur
ing 1882, which amounted to 3O.63 per
cent of the total volume received at
the market, the Central maintained
it's position as the largest livestock
sales agency at st. Paul or at any
other market in the country, either
privately or comparatively owned.
OF the combined total, the Central
sold 22.35 per cent of all trucked-in
shipments, and 1878 per cent of all
rail shipments during 1882, compared
with 1929 per cent of truck receipts
and 34.2S per cent of rail receipts
during 1881.
The board of directors, who are all
farmers, consists of &. B. Crandall,
Randolph. Mimi, president; r. G. Won
Tobel. list vice president, Verdon- S.
D.; C. B. Goodrich, End vice president,
Greenbush, Mimi: H. l. Halverson.
secretary, Litchfield, Mimi; r. w.
Keller, treasurer, Chnkio, Mimi: S. S.
Beach, Hutchinson, Mimi; N. j. Mel
son, Cakes, n. D.; J. E Bowen, Bar
ron, Wis, and j. B. Jones, Lake Crys-
tai, Mimi.
Gives Credit to Patrons.
N. X. Carnes, general manager of
the Central Cooperative Association,
stated that it was most gratifying to
him to be able to report one of the
most successful years in the history
of his organization. The loyal sup
port of our patrons, coupled with eff
ficiency in operations at the market,
has made this fine showing possible
said Mr.. Carnes. I'm spite of the
economies put into effect, improved
service has been rendered by the Or
ganizatiOn."
Crandall Makes Statement.
The outstanding feature of the Cen
trail, according to c. B. Crandall, it's
president, is the steady growth of the
association membership. This is
due" he stated, Ito the unrelenting
efforts put forth by every one con-
nected with the organization, from the
operating forces at the market to the
last stakeholder patron in the coun-
try who has his shoulder behind the
great movement.
1T has always been the aim of the
directors of Central to perfect a per-
sonnet that would be able to render
the very best service humanity pos
sible in the marketing of livestock.
Men who are skilled in their various
tasks and who are strictly honest
have been selected from all parts of
the country to do the job
The splendid achievements that
have been made by the association,
which was created by farmers II
years ago, is the endorsement of an
organization built upon honor, that is
truly cooperative, and is outstand-
ingly giving the highest type of serv-
ice of its kind"