.;??.ri: 



Illinois Grain Had 



rest Year in '36 



y^LLINOIS GRAIN CORPORA- 

 l/l TION handled more grain in 

 \^ 1936 than in any year since it 

 was organized. 



This interesting fact was disclosed by 

 Manager Harrison Fahrnkopf at the an- 

 nual meeting in the 

 Jefferson Hotel, Pe- 

 oria, Feb. 12. Ap- 

 proximately 350 del- 

 egates and grain 

 producers attended 

 the meeting. Total 

 volume for the year 

 was 10,264 carloads 

 or 16,097,918 bush- 

 els of grain as fol- 

 G«o. L. Potter lows: wheat 1,827,- 

 522 bu., corn 10,798,993, oats 2,076,282, 

 soybeans 1,377,279, and other grain 17,- 

 842 bushels. The next high year in 

 volume was 1933 with 15,040,135 bush- 

 els. 



The ten high elevators in volume 

 marketed through Illinois Grain Corpora- 

 tion follow: Graymont 418,104 bu., 

 Beason 381,524 bu., Colfax 369,519 bu., 

 Mazon 368,672 bu., Tuscola 343,528 

 bu., Ottawa 342,908 bu., Lee Co. 307,- 

 689 bu., Earlville 287,625 bu., Serena 

 280,500 bu., and Cissna Park 269,728 

 bu. 



The 11 high counties in volume of 

 grain marketed co-operatively through 

 Illinois Grain and Farmers National 

 follow: Livingston 1,249, LaSalle 966, 

 Grundy 880, McLean 719, Lee 562, 

 Champaign 555, Logan 387, Peoria and 

 Marshall-Putnam 316, Douglas 311 and 

 Iroquois 310 bushels. 



E. D. Lawrence of Bloomington was 

 elected to the board of directors to suc- 

 ceed G. C. Johnstone of the same coun- 

 ty, who has served as director and presi- 

 dent during the past seven years. George 

 L. Potter of Graymont, Livingston coun- 

 ty, later was chosen president of the 

 board for the coming year. Other newly 

 elected directors are George Thier, West 

 Brooklyn, Lee county; Charles Haller, 

 Edwards, Peoria county; O. G. Ander- 

 son, Gibson City, Ford county. J. Fred 

 Romine, Tuscola, and Fred Zimmerman, 

 San Jose, were re-elected. Directors at 

 large selected by the lAA are A. O. 

 Eckert, Belleville; Eugene Curtis, Cham- 

 paign; and A. R. Wright, Varna. Di- 

 rectors whose terms did not expire this 

 year are A. E. Burwash, Champaign; 



ALL READY TO START 

 Charles Schmitt, v!ce 

 president, G. C. John- 

 stone, president, Harrison 

 Fahrnkopf, manager. 



RED ROOM CROWDED 

 Delegates attentive as 

 Earl C. Smith addresses 

 audience at Jefferson Ho- 



Charles Schmitt, Beason ; Harold Joy, 

 Chapin; G. L. Potter, Graymont; Ralph 

 Allen, Delavan ; E. E. Stevenson, Streator. 

 Mr. Stevenson was elected vice-president, 

 Mr. Schmitt, secretary, and R. A. Cowles, 

 treasurer. 



At a night session of the board of di- 

 rectors preceding the annual meeting, 

 Eugene Curtis reported in detail on rec- 

 ommendations of the Special Committee 

 selected by stockholders of the Farmers 

 National Grain Corporation to study and 

 report on ways and means of improving 

 efficiency in operations of the national 



ERNEST D. LAWRENCE 

 "Looks over the resolutions." 



co-operative. Mr. Curtis and A. E. Bur- 

 wash represented the Illinois Grain Cor- 

 poration on this Special Committee. 



A number of changes were recom- 

 mended in the corporate structure of 

 Farmers National, including the manner 

 of selecting directors, of electing execu- 

 tive officers, selecting executive commit- 

 teemen, and the manner in which articles 

 of incorporation and by-laws may be 

 amended. 



The sub-committee's report showed 

 that since the organization of Farmers 

 National, total losses covering the entire 

 period have occurred in certain areas, 

 while other areas have shown profits. A 

 complete analysis was made of business 

 operations in each state or grain area 

 with the idea of putting all areas on a 

 profitable basis, including the Chicago 

 oflFice, at the earliest possible date. 



The sub-committee's report was a- 

 dopted by the stockholders at a meeting 

 in Chicago early in February. It provides 

 for election of directors for a period of 

 three years subject, however, to recall 

 and replacement if the regional co-op>era- 

 tive which such director represents deems 

 advisable. The board has authority to 

 select a chairman and vice-chairman and 

 an executive committee of five from their 

 own members. 



The officers of the corporation shall 

 consist of a president-general manager, 

 vice-president, secretary, comptroller, 

 (Continued on next page) 



MARCH, 1937 



13 



