Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1935-02-14
CENTRAL COOP
HAS GROW TIL
Livestock Selling Agency
Has Been in Business
Since 1921.
1905 Carloads and 1881
Truck Loads of Stock
Handled in 1894.

The 14th annual convention OF the
Central Cooperative Association, farm
err owned livestock selling agency,
which has been in business In South
St. Paul since 1921, was held Tues
day and Wednesday, February II and
10, in the Lowry hotel in st. Paul.
Fully a thousand StOckholder dele
gates attended the two-day meeting
where the 1884 business activities OF
the association were reviewed and
the program and policies of the com
ing year were discussed.
Under the leadership of c. H. Gram
dali, president, stockholders OF the
Central Cooperative Association have
been convinced of the merits OF
sound cooperative marketing program.
which has saved them nearly one and
one-haf million dollars in actual cash
dividends and refunds since the Cen
trail started at South st. Paul.
In his opening address, Mr.. Gran
dali pointed out that "cooperatives
are frequently confronted with obsta-
cles and disbursements, but no OBJ
stacle is too great to overcome II
farmers continue to put forth their
undivided cooperative effort"
True Cooperation Does Not Fail.
Cooperation does not fail" Mr..
Crandall declared. 1T is the lack OF
cooperation that fails. If the farmers
Of the Northwest want to make the
farming business a big, unified, per-
manent and dependably profitable
business cooperation will do it if ap-
piled in the right way
Speakers on the program included
". K. Carnes, general manager OF
the Central, who reviewed the live
stock marketing situation as 1t eX-
lists today; DR.. Paul r. FOssum, De-
partment of Economics, Carleton Col
lege, who addressed the gathering on
bureaucracy of Democracy; F. w.
Peck, Cooperative bank commissioner,
Farm Credit Administration, Wash
ington, d. c., whose address was IAN
Appraisal of the Cooperative Move
ment"; J. o. Christensen, Supt. of the
School of Agriculture, University Of
ing in Futures; Prof. Howard ].
Ramlich, chairman, department OF
Animal Husbandry, University of Ne
braska, who talked on Fats and Oils
and the Part Which They Play in
American Agriculture; J. P. Riordan,
general agent, Farm Credit Admin
istration; and Lloyd Crandall, Mime
- IL
while heading the swine production
program in Russia.
Manager Speaks.
Reviewing the business Of the Cen
trail Cooperative Association for the
year 1884, N. X. Carnes, general man
ager. pointed out that the Central
handled 1906 carloads of livestock
during 1884, or $40 of the total car
load business at South St. Paul. 1t
handled 1881 carloads arriving by
truck and computed to a rail basis
or nearly $50 OF the total truck bus
mess at South St Paul.
ION December 81. 1884, the Central
Cooperative Association had as men,
Der stockholders SAT livestock ship
ping associations in Minnesota, Wis
consin, North Dakota, South Dakota.
and Montana, which owned the COM
mon stock costing s25 per share. and
1929 individual farmer members
who are owners of preferred stock
costing 81 per share" reported
Carnes. Total value of stock issued
and outstanding ON Dec. 81. 1884 was
S30,479. 1t is interesting to note that
with this small amount of stock, the
Central handled business Of S13,-
275.225.7S with a net savings of $780,
12S.25. This fact should prove to
anyone reading Centrals financial
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