MANAGER DAVE SWANSON, STANDING AND 

 HENRY PARKE. PRESIDENT 



"That will be good for the man with llvastock 

 to tall." 



C. B. "CY" DENMAN 



"Left Male Every Effort to Help Our- 

 ielvet." 



AH! ZE SPANISH DANCE 

 Who Doetn't Enjoy A Good 

 Show? 









^^^^ ARENTS are judged not only 

 ^^*J on their own records but also 



J . on the character and achieve- 

 ments of their offspring. 



When a child fails, no one is hurt 

 more than the parent. When a son 

 or daughter succeeds Dad and Mother 

 glory the achievement. 



The Farm Bureau as a sensitive parent 

 watches with great interest the fortunes 

 of its growing family. On March 9 it had 

 cause to feel proud as two of its sturdy 

 offspring — the Chicago Producers Com- 

 mission Association, serving 50,000 

 livestock growers, and the Pure Milk 

 Association with approximately 18,000 



PROF. R. C. ASHBY 

 "Many Englishmen Are Advocating Govern- 

 ment Ownership of Land.'* 



Annual Meeting 



members ■ — held their annual meeting 

 in Chicago. 



The story of Pure Milk's progress 

 as salesman and champion for the larg- 

 est group of dairy farmers west of the 

 AUeghenies, is told elsewhere in this 

 issue. A record of continued growth 

 to a foremost position in sales and ser- 

 vice to livestock farmers was revealed 

 at the Chicago Producers' meeting in 

 the Sherman Hotel. 



Briefly, here are a few of the high 

 lights: 



1. In 1936 Chicago Producers 

 handled 18,815 cars of livestock 

 valued at $31,398,228.62. Every 

 shipper got his money. 



2. Went from 8.45 per cent of 

 market receipts in 1931 to 14.04 

 per cent in 1936, topping all 

 previous records. 



3. Turned a loss of $22,000 in 

 1935 into a gain of $30,281.30 

 which was added to the com- 

 pany's reserve fund. 



4. Operated on a lower commis- 

 sion basis immediately follow- 

 ing Secretary Wallace's order 

 (beginning April 20, 1934) giv- 

 ing patrons benefit of $135,- 

 000 to $140,000. Old-line firms 

 fought the Secretary's order in 

 the courts and only after their 

 defeat disgorged nearly a mil- 

 lion dollars of commission 

 charges. 



Higher prices for hogs and sheep in 

 1936, but lower prices for beef were 



reported by Manager Dave Swanson. 

 Hog prices at Chicago averaged $9-89 

 in 1936, $9.27 in 1935; lamb prices 

 $9.85 in 1936, $8.87 in 1935; beef 

 prices averaged $8.82 in 1936, $10.26 

 in 1935. Mr. Swanson predicted light 

 receipts this spring, summer and fall, 

 and relatively high livestock prices. 

 "That will be good for the man who 

 has livestock to sell but not so good for 

 the man who has none, nor for the com- 

 mission business," he said. "Therefore 

 it behooves all of us to try and increase 

 our percentage in order to have enough 

 revenue to do an efficient job of market- 

 ing. When you consider that a nickel 

 a hundredweight more on livestock mar- 

 keted at Chicago last year would have 

 amounted to 1 1^ million dollars, it seems 

 there is surely enough at stake so that 

 we can afford to pay more attention to 

 marketing." 



In his annual address, President Henry 

 H. Parke of DeKalb county, asserted 

 that "the most urgent task before us 

 today is to remove the impediments that 

 bar the way to a resumption of foreign 

 trade. 



"What the nation needs is stability in 

 commodity price levels," he added. "We 

 must have a sound monetary program, 

 divorced from fwlitics and other pres- 

 sures. We must hold the advances we 

 have made in a managed currency during 

 the last five years and get these advances 

 recognized in federal statutes as perma- 

 nent monetary jx)licies of the nation. 



(Continued on next page) 



APRIL 1937 



