MANAGER DAVE SWANSON. STANDING AND 

 HENRY PARKE, PRESIDENT 



"That will be good for the man with livestock 

 to sell." 



elv 



C. B. "CY • DENMAN 

 'Lets Make Every Effort to Help Our- 



AH! ZE SPANISH DANCE 



Who Doesn't Enjoy A Good 

 Show? 



Chicago Producers 



Annual Meeting 



V ^^ARl-NTS an jud^'cd not only 

 AJ on their own rctortlN but .ilso 



J . on the char.uter and aeliieve- 

 ments ot their otTsprin^v 



When a child fails, no one is hurt 

 more than the parent. When a son 

 or daughter succeeds Dad and Mother 

 ^'lory the achievement. 



The I-arm 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 Cihicago Producers Com- 

 mission Association, serving ^0,000 

 livestock growers, and the Pure Milk 

 Association with approximately 18.000 



PROF. R. C. ASHBY 

 "Many Englishmen Are Advocating Govern- 

 ment Ownership of Land." 



ihcir .innu.ii nicclinu 



members — I 

 in Chicago. 



The story ot Pure Milk s progress 

 as salesman and champion for the larg- 

 est group of dairy farmers west of the 

 .Alleghciiies, 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 I8,Hn cars of livestock 

 valued at S.31,398,228.62. Kvery 

 shipper got his money. 



2. Went from 8. -15 per cent of 

 market receipts in 1931 to 1-i.O-t 

 per cent in 1936, topping all 

 previous records. 



3. Turned a loss of 522.000 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, 193 l) giv- 

 ing patrons benefit of S135,- 

 000 to Si iO.OOO. 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 1V36, $9.27 in V)\^ . lamb prices 

 S>>.8'S in 1V36, S8.87 m 1935; bc-ef 

 prices averaged S8.H2 in 1936, $1026 

 in l';3'>. Mr. Swanson predicted light 

 receipts this spring, summer and fall, 

 and rekitively high livestock prices. 

 'That will be gtxjd for the man who 

 has livestock to sell but not so g(X)d for 

 the man vcho 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 ( hicago last year would have 

 amounted to I ' 4 million dollars, it seems 

 there is surely enough at stake so that 

 \ce can atTord to pay more attention to 

 marketing." 



In his annual aiKlress. 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 nc-eds is stability in 

 commodity price levels," lie added. \X'e 

 must have a sound monetary program, 

 divorced from politics and other pres- 

 sures. We must hold the advances we 

 have made in a man.iqcd currency during 

 the last five years and get these advances 

 recognized in federal statutes as perma- 

 nent monetary policies of the natiofi. 



i Continued on Hc-\' pJiiff 



APRIL, 1937 



