December, 1930 



THE I. A. A. RECORD 



Page Seven 



Egyptian Service Co. 



■ ' Launches Mixed Feeds 



Southern Illinois Members to Have 

 New Co-Operative Money- 

 Saving Service. 



THE Egyptian Service Company of 

 Flora, Illinois, will launch its new 

 mixed feed department on December 

 15, according to Manager E. J. Oelze, 

 who was in Chicago recently. 



The company has adopted the trade 

 name "Blue Seal" and will put out. two 

 grades of feed under this brand name, 

 adding others as the demand requires. 



"Blue Seal" Dairy Feed, following a 

 formula recommended by both the Illi- 

 nois and Iowa State Agricultural Col- 

 leges, will contain a minimum of 24 

 per cent digestible protein, 4 per cent 

 digestible fats and a maximum of 5 per 

 cent fiber. It will contain ground 

 com, gluten feed, ground oats, ground 

 barley, soybean meal, cottonseed meal, 

 bran, and salt. The Illinois Farm Sup- 

 ply Company will own the formula and 

 is taking out the necessary state licenses. 



"Blue Seal" Laying Mash will be a 

 mixture of ground alfalfa, ground corn, 

 cracked wheat, ground oats, ground 

 barley, soybean oil meal, bran, bone 

 meal, meat scraps, dry bone meal, and 

 salt with a minimum of 18 per cent 

 digestible protein, 4 per cent digestible 

 fats, and a maximum of 6^2 per cent 

 fiber. 



Modem Plant Ready 



A modern hammer mill and mixing 

 plant, capable of handling 60 tons of 

 mixed feed a day, has been installed in 

 the warehouse of the Egyptian Seed 

 Growers' Exchange at Flora. George 

 Smith, county adviser in Washington 

 county will have charge of the mixing 

 plant which will pay rental on a per ton 

 basis to the Seed Growers' Exchange for 

 space and facilities. 



Two men are already out seeing deal- 

 ers and making arrangements through- 

 out the southern Illinois territory to 

 handle the new high-quality feeds. The 

 feed mixtures will conform to the high- 

 est standards using only the best grains 

 and concentrates, without adulteration. 



Manager Oelze has been busy during 

 recent weeks making necessary pur- 

 chases of grain and concentrates for the 

 mixing plant. In addition concentrates 

 and unmixed feeds will be handled for 

 dairymen, poultrymen and live stock 

 feeders throughout the southern Illinois 

 territory. 



Sliip in Feeds 



Following the wide-spread drouth in 

 southern Illinois during the past sea- 

 son. Manager Oelze jumped into the 



NOTICE OF ANNUAL MEETING OF 

 ILLINOIS AGRICULTURAL HOLD- 

 ING COMPANY 



Take notice that the annual meeting of 

 the stockholders of Illinois Agricultural 

 Holding Company will I>c held on Wednes- 

 day, the 28th day of January, 1931, at the 

 hour of 1 1 o'clock a. m., at the Abraham 

 Lincoln Hotel, Springfield, Illinois, to elect 

 directors, receive, and, if approved, confirm 

 the report of the board of directors of the 

 company for the fiscal year ending Decem- 

 ber 31, 1930; and to consider and, if ap- 

 proved, ratify and confirm all the acts and 

 proceedings of the board of directors done 

 and taken since the last annual meeting of 

 the members of the company; and for the 

 transaction of such further and other busi- 

 ness as may properly come before the meet- 

 ing. 



Dated at Chicago, Illinois, Dec. IS, 1930. 

 Geokce F. Tin,LOCK, Secretary. 



breach and assisted in shipping in large 

 supplies of corn and other feeds. He 

 bought and distributed 10 carloads of 

 ear and shell corn, and more recently 

 has purchased several carloads of oats, 

 barley and wheat. In addition he has 

 contracted to buy 30 carloads of soy- 

 bean oil meal, three of which have been 

 sold already. 



As soon as the necessary capital can 

 be obtained through the sale of pre- 

 ferred A 7 per cent cumulative stock, 

 the Egyptian Service Company will 

 erect several bulk stations for handling 

 SERVICE BRAND petroleum prod- 

 ucts. Territory within a radius of 50 

 miles or more will be served with the 

 "SERVICE" products as soon as facili- 

 ties are provided. 



Making Progress 



Since coming to Flora, July 1, 1930, 

 Manager Oelze and the new board of 

 directors have made rapid strides, first, 

 in putting the Egyptian Seed Growers* 

 Exchange back on its feet, and second- 

 ly, in getting the much needed feed ser- 

 vice underway. Southern Illinois farm- 

 ers, particularly dairymen and poultry- 

 men, are compelled to buy part of their 

 live stock feeds. This new department 

 of the Egyptian Seed Service promises 

 to be of outstanding importance and 

 service throughout the territory. 



The Service Company is strictly a 

 co-operative like the Egyptian Seed 

 Growers' Exchange, and all profits from 

 handling jjetroleum products and mix- 

 ing feeds will be paid back to Farm 

 Bureau member patrons after setting 

 aside necessary reserves, in the form of 

 patronage refunds. The County Farm 

 Bureaus in the southern Illinois area are 

 backing the new project because of the 

 great service promised to their members. 



Consider Farm Supply 



Co. in Monroe County 



"If we were setting out to organize 

 cur local supply company again, it 

 would not be a question of where we 

 could sell the stock but of how much 

 are we going to allow each investor," 

 L. A. Landon, secretary of the Jersey 

 County Farm Supply Co., told mem- 

 bers of the Monroe County Farm Bu- 

 reau at their recent annual meeting. 



"The first year we cleared something 

 over $8,000," said Landon. "Our net 

 profit to date will run considerably over 

 $20,000. This is either added to our 

 working capital and reserves or paid 

 back to Farm Bureau members in pa- 

 tronage dividends. 



"Our company was organized for 

 three reasons as follows: 



1. "We wanted through the Illinois 

 Farm Supply Co. to secure high quality 

 oils, grease and fuel oils. 



2. "We felt our farmers were entitled 

 to the savings and profits from co- 

 operative purchasing and distribution. 



3. "The Farm Bureau wanted to 

 bring further service to its members in 

 cutting costs of production. This 

 project has brought up our Farm Bu- 

 reau membership and interested many 

 others in the organization." 



The meeting went on record in favor 

 of organizing a county company. 



The Cook County Farm Bureau holds 

 its regular monthly directors' meetings 

 in the I. A. A. offices. 



Peoria and Tazewell 



Co-Ops. Pay Dividends 



THE Peoria County Service Com- 

 pany recently declared its regular 8 

 per cent patronage dividend payable at 

 once, also a special 8 i>er cent dividend 

 payable later. Lloyd L. Woolsey is the 

 able manager of the Peoria County co- 

 operative. 



The Tazewell Service Company, ac- 

 cording to Manager Clyde Woolsey, 

 handled more than $87,000 worth of 

 petroleum products during its first six 

 months' of operation from which it 

 made a profit of $17,000 on the capi- 

 tal stock of $20,000. \i ( 



An 8 f)er cent patronage dividend 

 was declared, and an equal amount was 

 set aside for reserves and future patron- 

 age refunds. 



Mr. Woolsey stated that gasoline 

 shrinkage amounted to only about 1 

 per cent since the company started. 

 This is considered an excellent record 

 because many companies report shrink- 

 ages of 2 per cent or more. 



Lloyd and Clyde Woolsey visited the 

 Illinois Farm Supply headquarters and 

 the I. A. A. offices on Monday, De- 

 cember It -jj 



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