TOTTNO MEN'S AGRICTJXTiniAL ASSOCIATION OSGANIZES BY LIVnlOSTON COUNTY FABK BVBEAU. THE FARM YOUTH MOVEMENT IS OOIHe 



Forwaiid Eapidly in lUinoU Under tire Ldadenhip of the Farm Bureau. 



m 



Dividends Declared , 



(Continued from page 27)' 

 per cent on gasoline sold through filling 

 stations and cvab pumps. 



Edgar County Supply Company, or- 

 ganized in 1927, made the greatest im- 

 provement in its operations of any of the 

 older companies. Sales show an increase 

 of 109 per cent in gasoline, 75.2 per cent 

 in kerosene, 96 per cent in motor oil, 

 85.5 per cent in grease, and 94 per cent 

 in paint, tires, and other items. Member 

 patrons numbering 635 participated in 

 the distribution of |10,000. A patronage 

 of 15 per cent on rural sales and 12 per 

 cent on station sales was declared pay- 

 able by its board of directors. 



Greene County Service Company's 293 

 farm bureau member patrons shared in 

 the $7,400 distributed by this company, 

 representing a 25 per cent patronage on 

 oil and grrease, 16 per cent on gasoline 

 and kerosene, and 12 ^ per cent on other 

 merchandise. 



$74,0M in Greene 



After a siege of gasoline price wars 

 for many months, Knox County Oil Com- 

 pany closed its fiscal year with sufficient 

 earnings on a $184,000 business to de- 

 clare a patronage dividend of 15 per cent 

 on rural sales of gasoline, kerosene, lu- 

 bricating oil, grrease, Soyoil paint, tires, 

 and tubes, with the exception of third 

 grade gasoline and distillate. A patron- 

 age of 12% per cent was paid on station 

 sales. The total patronage and preferred 

 stock dividends paid by this company 



Auditing Association 



(Continued from page 29) 

 ago forward looking leaders in the agri- 

 cultural group had predicted the depres- 

 sion because of the fact that the United 

 States had become a creditor nation. Until 

 an export outlet for farm products can be 

 secured a program of reduced production 

 is essential if the farmer is to obtain 

 equality with other industries, he said. 



Following Mr. Thompson's address the 

 annual election of directors was held, 

 G. C. Williams of Dewey, Champaign 

 County, was elected to succeed C. R. 

 Hays of Normal. Albert E. Heckle of 

 Quincy and Jesse L. Beery of Cemo 

 Gordo were re-elected for a period of 

 two years. The board of directors held an 

 Organization Meeting after the adjourn- 

 ment of the Annual Meeting at which time 

 the following officers were elected: Albert 

 E. Heckle, President; Jesse L. Beery, 

 Vice-President; Geo. E. Metzger, Secre- 

 tary; R. A. Cowles, Treasurer. Approxi- 

 mately 250 attended the meeting. 



since it was organized approximates five 

 times its paid-in capital stock. 



Henry-Stark Service Company closed 

 its fiscal year with patronage dividends 

 totaling $18,652.37, representing a rate 

 of 16 per cent on gasoline, kerosene, lu- 

 bricating oil, and grease, 7% per cent on 

 distillate, and 10 per cent on other items. 

 This company has paid back $74,197.28 

 in patronage dividends and $7,637.72 in 

 preferred stock dividends since it was 

 organized in 1929. 



Helping Dait7nnen 



(Continued from page 33) 

 Mrs. Marie CJonnelly Harrington, 

 working under the auspices of the Dairy 

 Council, also sponsored by Sanitary Milk 

 Producers, has taken the story of milk 

 into practically every school in St. Louis, 

 appearing before women's clubs, indus- 

 trial organizations and other consumer 

 groups. This work will be continued 

 under the milk commission and should 

 bring about a continued increase in the 

 use of milk and dairy rroducts as time 

 goes on. 



One of the early moves of Sanitary 

 Milk Producers was to sponsor a con- 

 sumer group in St Louis who made a 

 thorough study of the milk situation and 

 who are today in position to exercise a 

 great deal of influence. They will un- 

 doubtedly be the balance wheel between 

 producer and distributor organizations. 



In the early organization of Sanitary 

 Milk Producers, material assistance was 

 given by the Farm Bureau and the 

 L A. A., without whose help 'the present 

 results could not have been achieved. 

 The Association at the present time has 

 a membership of 11,300 an^ is steadily 

 growing. Real progress in reaching the 

 objectives outlined six. years ago has been 

 made, and unquestionably the operation 

 of the Federal milk license under the 

 AAA has been a real assistance in main- 

 taining the present degree of success. It 

 is hoped that the license and the system 

 can be maintained. 



I. A. A. RECORD 



