Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1938-02-10
1000 Livestock
Feeders Attend
Central Meeting
Hialmar Petersen and 9th
ers Appear on Co-op's
Annual Program.

More than 1000 livestock feeders
and breeders from all sections of the
five northwest states attended the 18th
annual Stockholders Convention of
the Central Cooperative Association
held at the Lowry hotel in st. Paul
February and 9. The Central Co.
Operative Association is a farmer
owned and controlled livestock selling
agency with headquarters at South
st. Paul, and those attending the an
nual meeting were delegates of CO.
operative shipping associations which
owned common stock in the organiza-
ton, or individual holders of pre-
ferred stock.
On Dec. 81, 1887, the Central Co.
Operative Association had as member
stockholders $40 livestock shipping
Associations and 1928 individual
farmer-members. The total value of
stock issued and outstanding on De-
cember 81 was $39,173 With this
small amount of cash invested, mem
bers of the Central have received in
cash dividends and refunds approx
imately 81 100000 since the organiza-
ton opened its doors for business in
1921.
President Welcomes Assemblage.
In his address of welcome to dele
gates, c. B. Crandall of Randolph,
president of the Central Cooperative
Association, gave credit for the sue
cess of this cooperative to the Evils
dom and determination of strong men
in the rank and file of our member
ship" He said, Integrity, sound
business principles and good fellow
ship have heightened our stride in our
progress of success and have stimu-
lated confidence and loyalty, giving
to the organization volume of patron
age so necessary to the success of a
cooperative farm organization"
Referring to the present business
recession and price slump of the past
few months, Mr.. Crandall said, "The
spread between the price received
by the farmer and the price paid by
the consumer is notorious, and the
principal difficulty is the destructive
effect of labor strikes, increased cost
of labor, and the expanding cost of
government. Quoting from the Ma
tional Labor Relations Board, There
were 4,O17 strikes in the first 10
months of 1887 involving 1,768,791
men on strike, amounting to 26, 5O9,-
205 work days, or "a 900 work years.
When this is added to the sales cost of
production it causes reduction in
sales, clogs the channels of industry
and increases our total national, state
and local taxes to $13,50O,OOO, or
one-fifth of the total national annual
income. One dollar out of every five
received goes for taxes, and this
points definitely to the major cause
of the present depression"
Manager Reports.
In his report on the 1897 business
activities of the Central, N. K Carnes,
general manager, pointed out that the
South st. Paul organization handled
rs per cent of the total livestock
sold at South ST. Paul during the past
year. Business handled by the Gen.
trail at the West Fargo market was
25.4 per cent of the entire business
handled at that market Based on
the commissions collected, the or
ganization is paying a refund of 20
per cent to members who patronized
both South st. Paul and West Fargo
markets, this being equivalent to
$73,O1115.
The two-day convention program
included addresses by Hjalmar Peter
sen, Minnesota Railroad and Ware
house Commissioner, whose subject
was problems in Livestock Trans
portation." William T. Foley, asso-
ciate editor, The Farmer, spoke on
Agriculture and Future"
Arthur Rowland Burnstan, professor
of Economics, Carlton College, North
field, talked on the Recent Economic
and Legislative Developments" F.
E. Mollin, secretary treasurer, Amer
lean National Livestock Association,
Denver, Colo, used for his subject,
what Price Trade" Shopping in
Europe's Livestock Markets. was the
subject of an address given by L. v.
Wilson, manager, Boulder Bridge
Farm, Excelsior.
During the evening program, adj
CONTINUED on Page 81