Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1937-02-04
CENTRALCO-OPT TO
PAY Is PER CENT
Annual Meeting of Farmer.Owned
Livestock Organization to be
Held February 8 and 10.

Patronage refunds and dividends,
amounting to 25 per cent of commits
sions collected in 1886, and aggregat-
ing total of $1O7 1896, will be paid
to members of the Central Co-Opera-
tive Association. This was declared
by the board of directors of this farm
crowned livestock selling agency,
whose headquarters are at South st.
Paul This will make a total of ST.
SOC, SO3.1O, which has been paid in
cash dividends to member patrons
since the Central was organized in
1921.
The Central Cooperative Associa-
ton is a cooperative organization,
owned and controlled by livestock pro-
ducers, to assist farmers and stock
men of the Northwest to market their
livestock more economically, and to
place them in position where they can
have bargaining power through con-
troll of the sale of large volume. For
years this organization has handled
more business than any other live
stock sales agency, either cooperative
ly or privately owned, on any market
of the world.
In 1886 total of 1880 carloads of
stock, or an increase of 46 per cent
over 1885, was handled by the Central.
This was equivalent to approximately
% per cent of the total livestock mar
keted at South St. Paul. Including
the business handled by the Central
at West Fargo, the 1896 total was
20,139 carloads.
Meeting Date Set.
Details of the past years business
will be brought out at the 10th an
nual meeting of the stockholders of
the Central to be held at the Hotel
Lowry on February 9 and 10. Repre-
sentatives of member shipping associ
ations in the five Northwest states,
and many individual members who
are holders of preferred stock in the
Central, will attend this two-day
event. Total membership of this Or
ganization embraces SOS shipping
associations with an average of around
175 to 200 members each, as well as
$3.50 individual stockholders. This
makes approximately $4,000 indi-
viduals who marketed their livestock
comparatively through the Central dur
ing the year.
Following the opening address to
stockholders made by C. B. CrandaH
president, the annual meeting pro-
gram for February 9 includes speeches
by Arnold S. Jensen, supervisor of the
South st. Paul Public Stock Yards,
John ID. Jones, Jr., general agent,
Farm Credit Administration; Profess
sor r. c. Ashby, associate chief, live
stock marketing, University of Illinois,
and John B. Gage, United States Live
stock Association of Kansas City,
Mo. At the banquet on the evening
of February 9 speakers will be Ger
hard Bundle, st. Paul, and w. C. COT
fey, dean and director, Department of
Agriculture. University of Minnesota.
The entire day of February 10 will
be devoted to the business of the Cen
trail, and election of officers. On that
day N. K. Carnes, general manager of
the Central, will make a detailed bust
ness report to stockholders.
Present directors are c. B. Gran
dali, president, Randolph, Mimi; J. E..
Bowen, First vice president, Barron,
Wis; N. j. Nelson. Second vice presi-
dent, Oaks, N. D.; r. w. Keller, secre-
tary, ChOkio, Mimi; S. S. Beach.
Won Tobel, Verdon, S. D.; j. B. Jones,
Lake Crystal, Mimi; w. A. Johnson,
Wadena, Mimi, and Hans Schemel,
Renville, MINI.