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The IllinoU Agricultural A«»ociation RECORD 



February 1, 1928 



1' 



t92t 



Annual Report 

 Of Association Now 

 Printed In Booklet 



ttt-PtLke Illustrated Review of 

 Year's Work Ready for Dis- 

 tribition to Bureaus and 

 Mei ibers 



"What 



Organi^ti 



might 



the am ual 



recentlj 



hensive 



ready 



Bureau: i 



This 

 the 

 activities, 



many 



illustrai ions 

 cleame is 

 in a c mc 

 <f 



rector 



Fron 

 has rec 

 formatibn 

 I. A. ^ 

 In this 

 answer; 

 licitor 

 graphs 

 he 



of faml 

 tive ni< mber. 



nee< s 



Happened in Illinois Farm 



ion Circles in 1925" 



'rell have been the title of 



report of the I. A. A. 



printed in a most compre- 



80-page booklet and now 



for distribution to Farm 



and members, 

 publication, which reviews 



fields of the association's 



i, includes 38 pictures and 



placed to add color and 



to the facts as reported 

 ise manner by each di- 



the 15 departments, 

 time to time the association 

 ived many requests for in- 

 concerning *'What is the 



and What has it Done?" 

 booklet may be found the 



and the member or so- 

 by gleaning certain para- 

 finds the information that 



in explaining the benefits 



organization to a prospec- 



pige 



recjnt 

 amps ign- 



Spscial Features Included 



Opening with a drawing on the 



e depicting the growth of 



A. from the first meeting 



to the tenth anniversary 



annual meeting held at 



■Urbana, there may be 



)ictures of the officers and 



'e committee; the depart- 



directors; the office staff; 



county farm bureau president's 



Chicago, Dec. 8; the 



i ind girls' club breakfast, 



, Dec. 2; the I. A. A. fair 



the picnic issue of The Rec- 



d maps of Illinois showing 



location of farmers' elevators. 



Farm Bureaus, livestt 



front 

 the I. 



in 1910 



tha 



Chfc . 



found 



executi 



mental 



the 



breakfast 



boys' 



Chicag< 



exhibit 



ord; 



the 



county 



licitors going over the territory, 

 following the local men. 



Reterre.Fund Over $273,000 



The financial r«port shows the 

 association's general reserve fund 

 totaling over $273,000, an accom- 

 plishment that has gained for the 

 organization the reputation of be- 

 ing the most strongly founded farm 

 association in this country. It is 

 also shown that the expenses of the 

 organization for 1925 were $21,- 

 545.97 less that the income for the 

 same, period, thus giving an addi- 

 tion to the reserve of that amount. 



During the 12 months of 1925, 

 12,982 clippings hearing the name 

 "Illinois AgriculturalVAssociation" 

 were returned by a^-«<uamercial 

 clipping bureau which clips news 

 articles in a large portion of the 

 newspapers of the United States, 

 according to the report of the in- 

 formation department. This gives 

 a general idea of the news of the-- 

 association's activities distributed 

 through the press. The amount of 

 clippings returned last year was 50 

 per cent more than 1924, 400 per 

 cent more than 1923 and 300 per 

 cent greater than the clipping re- 

 turned in 1922. 



Report of the legislative com- 

 mittee for 19ft5 includes work of 

 state legislation including the pro- 

 posed amendment to the state con- 

 stitution con«erning taxation, a 

 state gasoline tax law and a bill to 

 facilitate the er-adication of bovine 

 tuberculosis as well as analyzing 

 all bills that were introduced in the 

 legislature to protect Illinois farm- 

 ery against detrimental law-making. 



Tifx Department Savei $2,000,000 



The legal department functioned 

 chiefly as a legal counsel for the 

 various departments and activities 

 of the association with special work 

 being done on tax hearings, grain 

 problems and legislative matters. 



Accomplishments of the taxation 

 and statistics department have sav- 

 ed for Illinois farmers approximate- 

 ly $2,000,000 annually. This was 

 gained through securing reductions 

 in the tax assessments on farm 



i . .■ .'It; • 



OTiei Aiscory ua mc uiiu»u: -^^^ 

 cultura Association" by C. V. 

 Greg — ■ Bditor of Prairie Farmer; 

 C' < - " m Bureau is 



Firr •. ^ ^^^ b.\ rthur 0. Page, 



edit . * '-..'sfr Judd Illinois 

 Far ■{■ ■: inual crop re- 



vie* » .1 nitted through 



the cc - operation of the United 

 States and Illinois departments of 

 agricul ure. 



Sam H. Thompson, president of 

 the A. F. B. F. and former presi- 

 dent of the I. A. A., has included a 

 messag : to the 63,000 Illinois farm- 

 ers and extends admonition for fu- 

 ture pr)gress. In the introduction, 

 Secretaf-y Fox points out: 



Di 



lanHn to Rn amoii"* "- 



! UUttiO!!.- 



■he 

 n ■- 



pi blit 



iifided Into Five Sections 



material for this, the Elev- 

 Ahnual Report, has been as- 

 under five main divisions 

 dic^te the general character of 

 which is attempted by the 

 members of the staff of 

 The field of service is 

 a general farm organization 

 its usefulness into the 

 )t covered by other agencies 

 ic, semi-public or private 

 irhese five divisions char- 

 this service are adminis- 

 organization, public rela- 

 ancial business service and 

 The accomplishments 

 fields of service outlined 

 fy the costs involved and 

 amount of personal effort 

 i^any over the state have so 

 given to bring about 

 tolerable conditions for the 

 today and to lay the foun- 

 for a prosperous and con- 

 agrarian population in the 



"The 

 enth 

 semblec 

 to ini 

 service 

 various 

 worker^, 

 that of 

 extendi 

 fields n 

 of a 

 nature, 

 acterizi^g 

 traton, 

 tions, 



fin; 

 marketi Dg. 



jv stii 



in the 



fully . 



the vast 



^hich 



generously 



more 



farmers 



dation 



tented 



future. 



Turn ng over the pages from de- 

 partmei it to department certain 

 facts nay be found as follows: 



More than 600,000 pieces of mail 



were hi indled by the general office 



issQciation during 1925, not 



; the general routine of of- 



of the 

 including 1 

 fice woi'k. 



In 

 ment silp 

 in 50 1 1 



li25 



the organization depart- 

 pervised membership drives 

 linois counties. Under the 

 associat ion's campaign plan this 

 work w Ls so arranged that the local 

 men si( ned, on an average, 75 per 

 cent oi the membership, the re- 

 naindeij being signed by state so- 



•■re icc_c^«i iu - 



vciox uuuitbies. 



The transportation department 

 collected 594 claims totaling over 

 $16,000 for Illinois farmers during 

 the last year. Other work of the 

 department included investigations 

 in freight rate structure, reduction 

 in limestone rates, represented the 

 farmers in hearings regarding the 

 installation of light and power lines 

 as well as telephone rates and serv- 

 ice. 



Reduces Auditing Costs 



During the last year 73 farmers 

 organizations joined the Illinois 

 Agricultural Co-operation Associa- 

 tion, the auditing and business ad- 

 visory service of the association. 

 This brings the total membership up 

 to 185. One hundred eighty-nine 

 examinations were made at a reduc- 

 tion of 20 per cent in costs as com- 

 pared to the previous year and de- 

 cidedly lower than the general 

 commercial costs of equal ability. 



Through the limestone-phosphate 

 department, farm bureau members 

 in Illinois during 1925 were able to 

 secure approximately 750,000 tons 

 of linaestone at a contract price. 



iBy co-operation of the associa- 

 tion, the county Farm Bureaus and 

 the Illinois Association of Mutual 

 Insurance Companies, th« Farmers 

 Mutual Reinsurance Company was 

 organized with over $700,000 di- 

 rect insurance in force. In a few 

 years it is estimated that this or- 

 ganization will save the farmers of 

 this state two million dollars an- 

 nual in insurance costs. 



Dairy Marketing Service Rendered 



The fruit and vegetable-depart- 

 ment which functions aS the Illinois 

 Fruit Growers Exchange, Centra- 

 lia, handled approximately $300,- 

 000 in fruits and vegetables for 

 southern Illinois Farmers in 1925. 

 This volume was distributed in 105 

 different cities in 25 states includ- 

 ing points as far south as Jackson- 

 ville, Fla., and north to Portland, 

 Me. 



Last year the dairy marketing 

 department assisted in organizing 

 five co-operative associations. Field 

 service was rendered in eight coun- 

 ties. Seventy-one organization 

 problems were handled in 18 coun- 

 ties. In 32 counties merchandis- 

 ing service was rendered. 



You Can Get Full Text 

 of Important Speeches 

 if You Write For Them 



Space does not permit print- 

 ing more than excerpts from the 

 addresses made at the annual 

 meeting, but anyone who wants 

 a copy of any of the principal 

 ones can get one as long as the 

 supply lasts by writing the in- 

 formation department of the I. 

 A. A., 608 S. Dearborn Street, 

 Chicago. 



You can also get a copy of the 

 annual report for 1925 and the 

 report of the Illinois Farm Re- 

 lief Committee. 



Convention Elects 

 Three New Members 



(Continued from ■page 1, col. J) ' 

 Many farmers of this state need 

 little or no introduction to Frank 

 Oexner, newly elect committeeman 

 from the 24th congressional dis- 

 trict. For the last three years Mr. 

 Oexner has worked with the organ- 

 ization department of tlfe I. A. A. 

 in the solicitation of membership in 

 more than half of the counties of 

 Illinois. He lives near Waterloo 

 and has served as secretary of the 

 Monroe County Farm Bureau. 



Mr. Oexner owns and operates 

 an,80-acre farm and has developed 

 its fertility to more than four times 

 its original produciveness. Several 

 years ago the land, of which Mr. 

 Borgelt's farm is a part, produced 

 about seven or eight bushels of 

 wheat to the acre. During the last 

 season Mr. Borgelt'p wheat yielded 

 an average of 32 bushels. He cred- 

 its this increase due to the use of 

 limestone and sweet clover. 



Earl Smith is New 



I. A. A. President 



(Continued from page 1, col. 5) 

 Outstanding among the official 

 :tions taken by the delegates was 

 "e endorsement of the general 

 inciples set forth in the Dickinson 

 K,.ll, now pending in Congress, 

 which was mentioned by Secretary 

 of Agriculture Jardine in hjp speech 

 at the Thursday luncheon as the 

 one measure offering substantial 

 ground for agreement. It is also 

 the bill which contains the federal 

 farm board idea suggested by for- 

 mer Governor Lowden in the past 

 and reiterated by him amid hearty 

 applause by 2,300 people at the 

 Friday luncheon. 



A summary of all the resolutions 

 will be found on the editorial page. 



Conference at Car mi 

 Feb. 12 Will Discuss 

 Future of Wheat Pool 



Whether or not the Indiana Soft 

 Wheat pool shall be extended fur- 

 ther into White, Gallatin, Edwards 

 and Wabash counties and other 

 parts of southeastern Illinois will be 

 decided in a conference of all in- 

 terested parties at Carmi, Feb. 12, 

 according to Chester C. Davis, di- 

 rector of grain marketing of the 

 Illinois Agricultural Association. 

 Reports from the first year's opera- 

 tions of the pool in the four coun- 

 ties named are generally satisfac- 

 tory. 



The grrain marketing department 

 completed arrangements with the 

 Indiana Wheat Growers Associa- 

 tion, so that the soft wheat of Il- 

 linois farmers could be marketed 

 co-operatively. It was largely 

 through this department that the 

 formation of the National Farm- 

 ers' Elevators Grain Company has 

 been made possible. 

 Poultry Marketing to Start Next 



More than $104,000,000 in live- 

 stock was marketed co-operatively 

 in Illinois in 1925 by the Produc- 

 ers Associations, livestock commis- 

 sion companies formed and foster- 

 ed by the I. A. A. livestock mar- 

 keting department. This depart- 

 ment also handled 82,909 pounds 

 of wool and assisted in the Illinois 

 Farm Bureau Serum Association. 



Educational work preparatory to 

 the organization of poultry and egg 

 marketing associations in many Il- 

 linois counties was carried on by 

 the poultry and egg marketing de- 

 partment of the association. 



/* A. A. Increased Its Financial Reserve in 

 1925, Auditor's Certified Report Shows 



THE most outstanding point of 

 interest about the Ilinois Agri- 

 cultural Association as seen by oth- 

 er organizations and business inter- 

 ests is its extraordinary financial 

 stability. 



During 1926 the association lived 

 within its income and saved the ex- 

 cess of income over expense, which 



ILLINOIS AGRICULTURAL ASSOCIATION EXHIBIT A 



BALANCE SHEET 

 As at DcMKbcr 31, 192S 



ASSETS ' ; 1 - i . 



CURKENT ASSETS: 



Cash on hand and in Banks. $11^77.21 



Illinois Farm Belief Fund 12,292.08 $ 24^69,29 



was $21,545.97. This sum was in- 

 vested in safe securities by the 

 treasurer, R. A. Cowles. The total 

 of the general reserve fund is now 

 $273,606.85 and it is invested in 

 Liberty and other safe bonds. 



The financial standing as found 

 by the independent auditors, Fra- 

 zer and Torbet, is as follows: 



ACCOUNTS RECEIVABLE: 



County Farm Bureaus for dues $13,599.fi4 



County Farm Bureaus — Miscellaneous 484.02 



Phosphate Account _ 254.70 



Co-operative Accounting Accounts 4,600.68 



Producer Comn. Co.'s for field service.. .;.... 1,169.42 



Others - i... 3,37g.90 



Inventory of Signs 



Advances to Employees — Bonded ; ', \ - 



Accrued Interest Receivable .- ' '*' 



Illinois-Missouri Co-op., Inc. (secored)i._ 



U. S. Liberty Bonds -.-.;._ 



Federal Land Bank Bonds... — 



Total Current Assets _ — 



LONG TERM LOANS: 



Due from Agricultural Organizations $19,781.56 



Less: Reserve for doubtful items 6,500i)0 



23,487.26 



5.06 



2,125.00 



1,651.56 



16,000.00 



131,808.45 



15,131.25 



„.$214,477M 



FIXED ASSETS: 



Furniture and Equipment — ~ — * 



Less: Reserve for Depreciation 



..$29,349.53 

 _ 13,677.86 



Automobiles _ 



- Less: Reserve for Depreciation.. 



$ 2,053.64 



701.16 



$ 16,671.67 

 1,352.38 



V 13^1.66 



Total Fixed Assets $ 17,024^5 



. 42,091.64 



ORGANIZATION EXPENSES (chargeable to 1926 and 1927) 



DEFERRED CHARGES: . 



Prepaid Rent -. $4,033.32 : 



Prepaid Insurance »__ 323.01 i 



Inventory of Supplies i 1,029.75 



LIABILITIES 

 CURRENT LIABILITIES: ^i ■ 



Accounts Payable _ % 2,951.24 



Accounts — Credit Balances 

 Baseball Fund — Farm Bureaus- 

 Illinois Farm Relief Fund 



Total Current Liabilities 



Unearned Membership Income... 



110.00 

 .. 220.33 

 12,292.08 





Illinois Agricultural Co-op. Assn. Reserve.. 



6,386.08 

 $292,216.18 



-$ 16,673.66 



360.00 



2,720.69 



GENERAL FUND RESERVE 



273,606.83 



$292,261.19 



ILLINOIS AGRICULTURAL ASSOCIATION EXHIBIT B 



STATEMENT OF INCOME AND EXPENDITURES 



For tile year ended December 31, 1925 



INCOME: 



Dues— Current $228,030.37 



Dues— Past Due - - : 47,330,42 



Total 



Interest on Bank Balances $2,517.26 



Interest on Note 966.23 



Interest on Bonds 6,634.96 



Discount earned 2,163.96 



-$276^60.79 



12,281.41 



Total Income 

 EXPENDITURES: 



Administration; 



General Office 



Executive 



Secretarial — 

 Finance 



..■JK.. 



$23,828.89 



22,817.61 



11,289.37 



..- 21,367.72 



..$287,642 JiO 



Service Bureaus: 



Legal 



Statistical ^ 



Transportation-Claims 

 Special Projects 



Phosphate-Limestone 



Organization Expense .... 



Speakers Bureau 



Information 



Legislation 



Co-operative Accounting 



Co-operative Marketing; 



Poultry 



..$ 7,072.36 



.. 9,348.99 



.. 11,376.68 



.. 20,061.96 



.. 9,443.25 



.. 21,045.82 



.. 1,469.30 



.. 24,658.49 



.. 5,671.08 



.. 11,915UI9 



- $ 4,898U)1 



Livestock 9,754.67 



Dairy -■>.- - 10,916.23 



Grain .._ " 7,287.60 



Fruit and Vegetable _.. 5,761.91 



$ 79;293.40 

 % 



$122,061.92 



38,608^2 





Total Departmental Expense 



Add: Membership Dues remitted to American Farm Bureau 

 Federation . 



.$239,963.78 

 . 26432.60 



Total Expenditures 



Excess of Income over Expense- 



..$266,096.23 

 - 21,646.97 



CERTIFICATE OF AUDITORS 



We certify that the Balance Sheet, Exhibit A, correctly states the 

 financial position of your association, ou December 31, 1925, and that 

 the Income and Expense of the year 1925 are correctly shown in Exhibit 

 B. 



(Signed) FRAZER £ TORBET, 



Certified Public AecountMitSi 

 Chicago, Jan. 11, 1926. 



