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Page Four 



Milk Producers at 



Peoria Close Second 



Successful Period 



Pool More Than 27,000,000 Pounds Milk 

 Which Brought $636,123.28 



THE Illinois Milk Producers' Asso 

 ciation, the farmers' collective 

 bargaining organization at Peoria, 

 pooled 27,178,608 pounds of milk 

 valued at $636,123.28 in the year end- 

 ing September 30, 1928. It brought 

 an average price of $2.34 per 100 

 pounds. The net worth of the com- 

 pany after two years of operation is 

 $13,157.24 as compared with a net 

 worth of $6,276.18 a year ago. 



The association was organized with- 

 out any capital stock or investment. 

 The milk pooled by some 1,200 mem- 

 bers was sold by the association to 

 dealers operating on the Peoria mar- 

 ket at a cost of a fraction over one 

 . cent per 100 pounds. Commenting 

 upon the financial standing of the 

 company, the auditor said: 



Lauds Management 



"We wish to compliment the man- 

 agement upon the splendid showing 

 during the two years which this pool 

 has operated. With no initial invest- 

 ment of capital, the net worth of $13,- 

 157.24 has been accumulated out of 

 earnings and at the same time returns 

 to members for their product have 

 been increased." 



The outstanding accomplishment of 

 the company is not the earnings over 

 the two-year period. The improve- 

 ment in quality of milk, marketing 

 conditions, price to the producer, and 

 elimination of waste brought about 

 are far greater accomplishments. The 

 producers about Peoria received an 

 average of 25 cents per 100 pounds 

 more for their milk during the year 

 than they did prior to the organization 

 of the pool. The consumers received 

 better milk. Based on the volume sold 

 co-operatively during the year, it is 

 conservatively estimated that the mem- 

 bers of the association received $67,- 

 946.52 more for their product than 

 they would have received otherwise. 



Dealers Profit 



The dealers were enabled to secure 

 reasonable compensation for their 

 services because waste due to poor 

 milk, cut-throat competition, and price- 

 wars was reduced to a minimum. 



Wilfred Shaw, Peoria, is resident 

 manager of the Association. A. D. 

 Lynch, dairy marketing director of the 

 I. A. A., who assisted in its organiza- 

 tion is retained as marketing counsel. 



Help prevent colds this year by eat- 

 ing plenty of bulky foods and those 

 rich in vitamins, such as milk, eggs, 

 spinach, carrots, oranges, and cod liver 



THE 1. A. A. RECORD 



MITCHELL KNOWS 

 INSURANCE 



Roy Mitchell of Champaign, county director 

 >f insurance sales for the 1. A. A. auto insur- 

 ince company, sent in 66 applications in the 

 lix weeks ending Oct. 1, placing first in the 

 itate-wide contest. 



European Farmers Suffer 



'"P'UROPEAN farmers are suffering 

 -L-^ from hard times just as Amer- 

 can farmers are suffering," says Dr. 

 P. A. Pearson, who recently returned 

 "rom a study of agricultural conditions 

 n Germany and other European coun- 

 ties. "European farmers,'' he says, 

 are troubled with high retail prices 

 ind low prices in farm products just 

 as much as American farmers. Taxes 

 hat farmers have to pay are as high 

 :n Germany, Scotland, and England as 

 :n America. Farmers in Germany com- 

 ; )lain of the high interest rates on mortr 

 1 rages and short term credit. 



"Farmers in the United States," he 

 1 ays, "raise more bushels of grain and 

 1 ons of hay per day than European 

 : armers. Farm wages are lower on 

 ihe continent than in the United States, 

 1 lut farmers do less work in the old 

 (ountry than in America," says Pear- 

 son. 



Within 10 Per Cent 



T^HE purchasing power of 

 ■*• farm products in terms of 

 other commodities continues 

 within 10 per cent of the 1909-14 

 pre-war parity, says the Bureau 

 of Agricultural Economics. 



"The chief sustaining influence 

 in agricultural prices," says the 

 Bureau, "is the favorable posi- 

 tion of the livestock industries." 



Life Insurance Co. 



Applies For Charter 



Sell Special Policies 



Members Who Sign Now Will Have the 

 Best of It 



APPLICATION has been made for 

 L the charter for the proposed life 

 insurance company being organized 

 by the Illinois Agricultural Associa- 

 tion and the Illinois Farm Bureaus. 

 The name of the company as selected 

 by the Executive Committee of the I. 

 A. A., after getting suggestions from 

 the County Farm Bureaus, is the 

 "Country Life Insurance Company." 

 Charter membership pledges for the 

 first special participating policy are 

 now being received. The maximum 

 amount of pledges for the first special 

 participating policies will be limited. 

 The quota for each County Farm Bu- 

 reau has been fixed upon a basis of 

 membership within the county. The 

 first special participating policy will 

 not only participate in the mortuary 

 savings and excess interest savings, 

 but will also participate in the profits 

 of the company the same as a share 

 of stock in the life insurance com- 

 pany. The first special policy is of- 

 fered to Farm Bureau members and 

 members of their immediate families. 



More Hog Cholera 



"SEPTEMBER, October, and Novem- 

 '^ ber are the worst months for hog 

 cholera,", says the U. S. Department of 

 Agriculture. "More hog cholera this 

 fall than a year ago was reported from 

 Iowa, Illinois, Ohio, Missouri, Nebras- 

 ka, Oklahoma, Maryland, Georgia, 

 North Carolina, South Carolina, and 

 Florida. 



"The disease is readily controlled by 

 the preventive-serum treatment without 

 which cholera would cause vastly great- 

 er losses than the swine industry now 

 sustains." 



The County Farm Bureaus and the 

 Illinois Farm Bureau Serum Associa- 

 tion are reducing hog cholera losses 

 in Illinois to a minimum. 



Shelby Is Clean 

 Shelby County Farm Bureau an- 

 nounces that Shelby county is now on 

 the tuberculosis free list as a modified, 

 accredited area, effective October 1. 



Hogs from this county when properly 

 tattooed are eligible to a premium of 

 10 cents per hundred at the central 

 markets. 



Managers of the county's shipping 

 associations were recently provided 

 with tattoo irons fbr marking the hogs. 



Illinois farmers are buying their rock 

 phosphate from $1.50 to $2 less than 

 the same companies are selling the 

 same grade of phosphate in other 

 states. Collective bargaining through 

 organization is responsible for this 

 saving. 



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