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Show 1 FAMM BaaEAU IMPROVE MARKETING OF ALL LIVE STOCK Farmer-Owned and Controlled Companies Gradually Taking Lead Over Competitors. The live stock producers in the Midwest Mid-west are marketing their stock through their own co-operative commission companies in Indianapolis and East St Louis and have watched their farmer-owned and controlled companies com-panies gradually take the lead over all other competing commission firms la their respective markets. The Producers' Commission association, associa-tion, which opened for business at tbe Indianapolis stock yards on May 15, In the second week of its existence handled 64 straight carloads of live stock and approximately '25 carloads of trucked-ln hogs. This put the cooperative co-operative in the lead of all the 19 lirms doing business at that point. The other co-operative commission house established by the National Live Stock Producers' association, the Producers' Pro-ducers' Live Stock Commission association asso-ciation at East St. Louis, went into first place among the 55 companies at that point, during Its eighth week. The St. Louis company Is rapidly approaching a volume of business enabling It to set aside in its surplus fund half of the regular commission charge, which is saved to the produce patrons over and above actual cost of operation. In Its second week, the Indianapolis co-operative set aside a surplus total- tisiiisiiiif tiiiBiililili F. M. Simpson, General Manager of National Live Stock Producer' Association. As-sociation. lag 33 1-3 per cent more than the cost of operation. The Producers' companies do not charge any commission for buying live stock. They are owned and controlled by the farmers' themselves and work solely In their interests. The farmers' companies will buy stockers or feeders for their customers or fat stock for killers, and there is no change for the service. The co-operatives have provided another large saving for the live stock shipping associations which so largely patronize them. This is In the matter or pro-rating the commission charge which varies from $2 to $3.50 per car, according to the number of owners Involved In-volved In a collective shipment. The producers will weigh the carload according ac-cording to the owners Involved without with-out charge. This saving alone would have totaled $2,000 for Adams County, HL, last year, which shipped about L000 carloads of live stock co-opera-lively. With a portion df this $2,000 in savings the county can hire its own wokkeeper and render superior iervice locally. F. M. Simpson, whose career as University Uni-versity of Illinois student, cow puncher on the Texas plains, whose years as an instructor at the University of Illinois Illi-nois in live stock marketing and whose experience in the live stock and meat division of the United States bureau of markets has given him a thorough knowledge of live stock marketing, has been appointed general manager of the National Live Stock Producers' association asso-ciation and will start by organizing commission companies at Chicago and Peoria. Mr. Simpson has a hand in the establishment of the companies at East St- Louis and Indianapolis which have had such a phenomenal growth. The Producers' companies are organized according to the plan of the Farmers' live stock marketing committee com-mittee of fifteen, appointed by the American Farm Bureau federation. The producers do not have any capital stock. Funds for operation are pro-Tided pro-Tided through the membership fees. It la not necessary for interest to he paid oa capital stock before pro-rating earnings earn-ings to 'shippers. For an individual live stock producer, a partnership, or corporation producing live stock, the membership fee is $10. The saving in commission charges is not tbo most Important feature of the lan. The big idea is to establish armer-owned and farmer-controlled to-operative live stock commission )ompnles at all the Important markets, mar-kets, o that the flow may be regulated and the price stabilized. When this Is achieved the farm bureau will have realized Its Ideal for Improving the marketing of th llv stock of the A-mericaa fanner |