OCR Text |
Show jPouitrymen Of Utah Get Checks Farmers and poultrymen of Utah and Southern Idaho will receive checks amounting to ' more than $170,000 to help with the spring expenses, according accord-ing to C. K. Ferre, auditor and assistant secretary of the Utah Poultry and Farmers Cooper-j ative. I The board of directors of the Utah Poultry voted Monday to j redeem certificates of interest which wre issued in 1945, j amounting to more than $170,000. These certificates represent investments made by members at the rate of lc per dpzen for eggs marketed through the association as-sociation in 1945. Interest has been paid on the certificates regularly since that time. The money so invested provides the working capital for the organ- . ization which is owned and controlled by its members. In addition, a patronage payment pay-ment of $76,000 was paid recently re-cently on feed purchases through the cooperative in 1944 and another patronage payment of $135,000 was paid for eggs i marketed through the organization organi-zation in 1943. This new payment brings the total payments to Utah Poultry members in the last six weeks to $21,000, according to Leon Forsgren of Preston, Idaho, newly elected president of th? Utah Poultry and Farmers Cooperative. Co-operative. He adds: "These payments pay-ments will be most welcome right now when farmers and poultrymen have heavy expenses expens-es in planting the brooding." |