

35 FEET HIGH 

 And only 10 feet stuck out at the crest of 

 the flood. Wabash Valley Service Company's 

 300,000 gallon storage tanic at Shawneetown. 



Patronage dividends of $50,000 were dis- 

 tributed to Farm Bureau members of the 

 Lake-Cook Supply Company during the an- 

 nual meeting, held January 21st at Des- 

 plaines. Farm Bureau members in Lake and 

 Cook counties received a 14% patronage 

 dividend on petroleum products and 4% on 

 Soyoil paint and miscellaneous products. 

 W. B. Peterson was the principal speaker. 



Bond County Service Company held its 



first annual meeting December 19th at 

 Greenville, after a few months of operation 

 plans were made to rapidly expand the 

 business in another year. President Fred 

 E. Herndon of State Company spoke. 



Fifteen hundred farmers attended the An- 

 nual meeting of the LaSalle County Farm 

 Supply Company held December 17th, Ot- 

 tawa, at which time a 30% sales increase 

 and 27% net income increase was reported 

 by Manager M. H. Comisky. The patron- 

 age dividends disclosed were 15% on rural 

 sales and 10% on station and dealer sales. 

 Patronage dividends of $36,140.79 were dis- 

 tributed to 1,325 farm bureau members an 

 average of $24.35 each. Eighty-five per- 

 cent of the farm bureau members patronized 

 their company. 



Some 450 members of Christian County 



Farm Bureau weathered the ice and sleet 

 Saturday, January 9. to attend the tenth an- 

 nual meeting of the Supply Company at 

 Taylorville. L. R. Marchant, manager of 

 Illinois Farm Supply Company, was the 

 speaker. 



"With a 22 percent increase in sales and 

 31 percent increase in net income the com- 

 pany is in a position to pay the largest 

 patronage dividend in its history," J. B. 

 Hunter, manager of the company, stated. 

 The preferred stock and patronage divi- 

 dends totaled $16,315.47. 



The average patronage dividend check 

 was $23.94 per member. The rates of div- 

 idends were 20 percent on lubricating oil, 

 14 on kerosene, grease, paint, and miscel- 

 laneous products; 12 on rural sales of gas- 

 oline, and 10 percent on station and dealer 

 sales. 



"Our business has been constantly on the 

 up grade ever since our company became 

 affiliated with Illinois Farm Supply Com- 

 pany," D. A. Mason, president declared. 



Lee County Service Company held its An- 

 nual meeting December 19th, Amboy, at- 

 tended by 600 members. Patronage divi- 

 dends of $8,150.00 were distributed to 764 



Farm Bureau members, an average of $21.82. 

 Eighty-nine percent of the members patron- 

 ized their company. C. H. Becker, of the 

 Illinois Farm Supply Company, was the 

 principal speaker. 



Some 275 members of the Twin County 

 Service Company attended the annual meet- 

 ing held in Marion, January 7th. C. H. 

 Becker was the principal speaker. Patron- 

 age dividends amounting to $5,342.41 were 

 distributed to 483 members. J. F. Becker, 

 Johnson City, was elected to the board of 

 directors. . 



Fourteen hundred Farm Bureau members 

 received $30,030.00 in patronage dividends 

 from St. Clair Service Company, an average 

 of $21.41 per member during their annual 

 meeting held December 18th, Nashville. 

 Ninety percent of the Farm Bureau members 

 patronized the company and 84% of the 

 company's business was with Farm Bureau 

 members. Dividends of 20% on lubricating 

 oil and grease, 18% on Soyoil paint, 15% 

 on rural sales of refined oils except 10% 

 on distillate. Fred E. Herndon was the 

 principal speaker. Peter J. Schneider and 

 John Voss, were elected to the board of 

 directors. 



A 38% gain in net sales and 32% in net 



income enabled Morgan-Scott Service Com- 

 pany to return $24,773.14 in patronage div- 



credits on preferred stock issued to member 

 patrons totaled $12,364.37. Farm bureau 

 members furnished 89.7% of the entire busi- 

 ness and 88% of the 1907 members received 

 dividend checks. A total of $404,000 in cash 

 patronage dividends has been distributed a- 

 mong members during the ten years of opera- 

 tion. Burdett A. Kraft, Towanda, replaced 

 J. H. Nafziger as a director of the company. 

 More than 2200 people attended the annual 

 meeting held on January 21. C. H. Becker 

 represented Illinois Farm Supply Company. 



Patronage dividends touting $17,647.23 

 were distributed to 680 McDonough County 

 Farm Bureau members at the annual meet- 

 ing of County Service Company January 

 21st held at Macomb. The distribution of 

 patronage dividends were 15% on rural 

 sales of all products, 10% on station and 

 dealer sales. Fred E. Herndon and George 

 Metzger spoke. The purchases of the farm 

 bureau members represented 78% of the 

 business. Zwingle Horrell, Colchester and 

 Ralph Leighty, Vermont were elected to the 

 board of directors. 



More than one thousand Farm Bureau 



members received $23,636.45 in dividends 

 from Knox County Oil Company patronage 

 this past year, an average of $23.28 per 

 member. Eighty-two percent of the Farm 

 Bureau members in the county patronized 



WATER IN THE GAS 

 At Shawneetown station of Wabash Valley Service Co. 



WHAT A PLACE TO PARK 

 This house was left stranded on 

 another when water receded. 



idends to Farm Bureau members during 

 the past year, C. H. Jewsbury, manager re- 

 ported at the annual meeting December 

 15th at Jacksonville. Seventy percent of 

 total sales were made to Farm Bureau mem- 

 bers whose dividend checks averaged $24.- 

 74. Dividends of 14% on rural sales, petro- 

 leum products, paint, tires and tubes, 10% 

 on station sales and 5% on feed and seed 

 were paid. 



Sales of McLean County Service Com- 

 pany exceeded the half million dollar mark 

 during 1936. The sum of $61,821.87 was 

 paid in cash patronage dividends. Additional 



the company and 80% of the business repre- 

 sented purchases by Farm Bureau members, 

 Harold Jewsbury, Manager reported at the 

 annual meeting held January 6th. Galesburg. 

 Number received patronage dividends at the 

 following rates: 15% on rural sales of 

 petroleum products except 10% on U. S. 

 Motor and distillate and 121/2% on station 

 and dealer sales. 



Patronage dividends of $22,620.92 were 

 distributed to Farm Bureau members of 

 Edgar County Supply Company an average 

 of $29.50, during the annual meeting held 

 January 19th, Paris. 15'/2% dividend was 



MARCH, 1937 



