Page Eighteen 



THE I. A. A. RECORD 



April, 1931 



Soybean Growers in 



Stock Sales Drive 



Pass Oleo Bill in Wisconsin McDonough County 



Several Counties Oversubscribe 



Quotas. All Make Progress 

 . . in Placing Association , 

 on New Basis 



PROGRESS of Illinois soybean grow- 

 ers in placing their co-operative sales 

 agency, the Soybean Marketing Associa- 

 tion, on a capital stock basis is indi- 

 cated by accomplishments in recent 

 weeks in the central Illinois soybean 

 area. 



The association proposes to sell $50,- 

 000 worth of capital stock to provide 

 working capital and to give every 

 member grower a direct financial inter- 

 est in his own marketing machinery. 



The 26 counties in which nearly 

 3,000 members of the organization re- 

 side, have been placed on a quota basis 

 in the stock subscription campaign. In 

 the first week of the drive McLean and 

 DeWitt counties both over-subscribed 

 their allotments. 



Scott Leads 



A checkup of results just before go- 

 ing to press reveals that little Scott 

 county leads the state with stock sub- 

 scriptions in the Soybean Ass'n. office 

 totaling 105 per cent of its quota. De- 

 Witt is second with 104 per cent, Mc- 

 Lean third with 102 per cent, and 

 Peoria fourth with 90 per cent. 



Manager J. H. Lloyd of the Soybean 

 Marketing Association and V. Vaniman 

 of the Illinois Agricultural Association 

 were scheduled to complete a series of 

 meetings through the soybean territory 

 on April 11. At these meetings the 

 speakers explained the capital set-up, 

 and the problems facing the Soybean 

 Association in the coming year. 



While farm income in 1930 declined 

 appreciably from that of the preceding 

 years, soybean growers are making a 

 valiant attempt to operate their mar- 

 keting machinery with as little outside 

 financial help as possible. They have 

 been reluctant to borrow money from 

 the government and the modest loans 

 which have been made the growers pro- 

 pose to pay back as soon as conditions 

 warrant. 



DeBord Is V.-P. 



Through error the name of Jesse L. 

 ^eery was published as vice-president 

 of the Illinois Agricultural Co-oper- 

 atives' Assn. in the March RECORD. 

 Byron W. DeBord of Princeville, 111., 

 was elected vice-president at the an- 

 nual meeting of the Board of Directors 

 held at Springfield on January 28. 



The Wisconsin state legislature re- 

 cently passed a bill providing for li- 

 cense fees ranging from $1,000 to $50 

 annually from persons making, selling 

 or publicly serving oleomargarine in 

 Wisconsin. A $1,000 fee is required of 

 the manufacturer or wholesaler dealer, 

 $300 from a retail dealer, $100 hotel 

 or restaurant, $ 5 boarding house.. 



Makes Good Record 



Illinois Vote on - ? 



Oleomargine Bill 



The vote of Illinois members of 

 Congress on the Brigham-Townsend bill 

 restoring the 10 cents per pound tax 

 on yellow oleomargarine was as follows: 

 U. S. Senate — 



For the bill: Chas. S. Deneen. \ 



Not voting: Otis F. Glenn. 

 House of Representatives — 



For the bill: Chas. Adkins, John C. 

 Allen, Wm. W. Arnold, John T. Buck- 

 bee, Carl R. Chindblom, Burnett M. 

 Chipperfield, Ed. E. Dennison, Homer 

 W. Hall, Wm. P. Holaday, Wm. E. 

 Hull, James F. Igoe, Ed. M. Irwin, Wm, 

 R. Johnson, Ruth H. McCoi-mick, M. 

 Alfred Michaelson, Claud V. Parsons, 

 Henry T. Rainey, Frank M. Ramey, 

 Frank R. Reid, Richard Yates. 



Against the bill: Fred A. Britten, 

 Oscar DePriest, Morton D. Hull, Adolph 

 J. Sabath, Elliott W. Sproul. 



Not voting: Thomas A. Doyle, Stan- 

 ley H. Kunz. 



A 7 per cent dividend on preferred 

 stock and an 8 per cent patronage divi- 

 dend on common stock was recently de- 

 clared by the McDonough Service Com- 

 pany. More than $2,400 was added to 

 the surplus. The total volume of busi- 

 ness handled by the company amounted 

 to $25,103.18. V . . 



At the annual meeting of the Mc- 

 Donough Farm Bureau in March it 

 was reported that during the year 98 

 new members came into the organiza- 

 tion, that 90 per cent of the members 

 used some form of Farm Bureau service, 

 and that the Farm Bureau closed the 

 year with a net worth of $23,426.65. 



Lard Substitute Tax 



Before Iowa Assembly 



A 3 cent lard substitute tax is pro- 

 posed in a measure before the Iowa 

 legislature. Southern states have pro- 

 tested in the interest of cottonseed oil. 

 "It is solely a revenue measure, al- 

 though of doubtful value," said Secre- 

 tary Mark Thornburg In reply to pro- 

 tests. The Iowa Senate also passed a 

 5 cent tax on butter substitutes. 



Cook County Forms — 



New Buying Service 



Limestone Day, Tonti, 

 August 16, 1918 



W. L. Cope of Marion county writes: 

 "On page nine of the March issue of 

 the I. Ai A. RECORD is a picture of 

 Dr. C. G. Hopkins preaching the gos- 

 pel of permanent soil fertility. This 

 picture was taken at Tonti, 111., on 

 August 16, 1918. The occasion — 

 Limestone Day. 



"Dinner was served by the ladies of 

 the community. There was also talk 

 on conservation of food by some lady — 

 have forgotten her name. Am enclos- 

 ing a statement of the number of cars 

 unloaded." 



The statement enclosed is that of L. 

 H. Brasel, I. C. R. R. agent, who says: 

 "Our records show that on August 16 

 and 17, 1918, there were 18 cars of 

 limestone uiilpaded at this station, the 

 majority of which cars were released on 

 August 17." . . 



Gardners Supply, Inc., is the name of 

 a new co-operative organized by the 

 Cook County Farm Bureau to handle 

 truck gardeners' supplies, seeds, insecti- 

 cides, feeds, etc. 



Organized with an authorized capi- 

 tal of $2 5,000 the company began 

 operating the last day of February with 

 $7,500 paid in for working capital. 

 During the month of March the com- 

 pany did a business of over $8,000. It 

 expects to handle upwards of $30,000 

 in sales during the year. ;• . ' - ;' 



The co-operative will meet local 

 prices and all savings will go back to 

 Farm Bureau member patrons on a 

 patronage basis. Control stock in the 

 co-operative is owned by the Cook 

 County Farm Bureau. 



Insecticides handled will be in line 

 with recommendations of the Univer- 

 sity of Illinois. Fertilizers and chicken 

 feeds from the Indiana Farm Bureau 

 have been put iri stock. Joe Zickmurid" 

 is manager. 



Saline, Johnson, Massac, Hardin and Pope 

 counties are considering the organization of a 

 five-county service company to handle petro- 

 leum products. 



The Illinois Senate, March 31, defeated a 

 measure to provide that owners and operators 

 of motor vehicles shall not be liable for in- 

 juries to guest— passengers except for willful 

 and wanton misconduct. 



