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Show PRODUCER-OWNED AND CONTROLLED MARKET Chicago Commission Association Formally Inaugurated With S. W. Doty as Manager. The opening of the Chicago Producers' Pro-ducers' Commission association on June 19 gave the largest live stock market In the world a producer-owned and controlled marketing organization. organiza-tion. In the second week of its existence the co operative company ranks well up toward the top of the 200 commission commis-sion companies at the Union Stock Sards. One hundred and thirty-two cars were handled in the first nine days of business. The Chicago Producers' Commission association was the third firm organized organ-ized under the auspices of the National Na-tional Live Stock Producers' association, associa-tion, set t?p by the farmers live stock marketing committee of 15 appointed appoint-ed by the American Farm Bureau federation. fed-eration. The Chicago commission house will handle live stock chiefly from Illinois, Iowa, Indiana, Wiscon-( sin, South Dakota and southeast Minnesota. Min-nesota. A large number of co-operative shipping associations in those states have sent in memberships. S. W. Doty is general manager. The second co-operative terminal commission house established under the plan Of the committee of 15 was opened May 15 in Indianapolis. The second week after Its opening it took first place at that market The producers' company at National Na-tional Stock Yards, Illinois (St. Louis market), is the oldest one belonging to the National Live Stock Producers' association, and has been in operation since January 2, 1922. The value of the live stock handled by these two companies every week exceeds $500,-000. $500,-000. Elsewhere the co-operative marketing mar-keting of live stock Is rapidly winning the confidence of the producers. The Central Co-operative Commission association of South St. Paul, Minn., received re-ceived 287 cars in one week. The surplus sur-plus this Minnesota company set aside In the first five months of 1922, and just reported to the local shipping associations as-sociations throughout the state, totals $4S,1S3, after paying the entire cost of operation and handling the largest volume of business on the market at ' rates considerably below the prevailing prevail-ing commission charges. The company com-pany already has paid back to its patrons in patronage dividends more than $19,000, a sum larger than the total amount invested in its capital stock. The investigation department of the Minnesota Farm Bureau federation fed-eration has compiled figures showing that the money invested by live stock producers to establish their own sales agency on the terminal market amounted to less than 45 cents apiece. In the first five months of 1922 the Central association has handled 5,849 carloads of stock; the total volume of business on the market amounted to only i3,0S7 cars. The co-operative firm's business so far this year has been more than four times as large as that of its nearest competitor. Co-operatW live stock shipping in Ohio in May broke all previous records, rec-ords, according to figures just compiled com-piled by F. G. Ketner, director of live stock marketing for the Ohio Farm Bureau federation. The net market value of stock shipped by .51 county companies and two local units was $1 ,o70,310.C2 for the month. These figures represent the shipping of 52.24S hogs 2.412 cattle. 5.754 calves and 12.727 sheep, totaling in weight 14,258.338 pounds. The service was used by S.S14 shippers who sent 924 lli.i.rs 'if stock to Ihe terminal market tlnough their co-operative companies The average marketing expense, ex- |