Fewer Sheep Cause 

 Reduction in 



QUjuwia U)doI 

 OfptsUtationA 



A SHARP decline in sheep numbers, 

 a set-up in buying from other wool 

 dealers, and large world stock piles, 

 brought new troubles and reduced op- 

 erations for the Illinois Wool Marketing 

 Association during the past year. 



Members were told at their annual 

 meeting by President William Temple 

 of La Salle county that the wool clip 

 marketed through the association 

 dropped to 200,000 pounds from 275,- 

 000 sold in 1945. The annual meeting 

 was held in conjunction with the lAA 

 annual convention in Chicago. 



Secretary-Ti^asurer Sam F. Russell 

 said that even with reduced volume 

 members stood to gain up to a nickel 

 a pound by marketing their wool co- 

 operatively. 



Chief buyer for the association's 

 wool was the Commodity Credit Cor- 

 poration. They paid up to 57 cents 

 for top grades with overall average 

 of about 48 cents. Marketing the wool 

 cost members about six cents a pound. 



Need Storage House 



At the annual meeting the board 

 of directors presented their recommen- 

 dation that a full-time man be hired 

 to head the association's program. 



They also said that an effort was 

 made this year and in 1945 to buy or 

 rent a warehouse to grade and store 

 wool before shipping it out of state. No 

 building was found to meet their needs. 



The association handled its wool 

 through county wool pools in coopera- 

 tion with local Farm Bureaus which 

 appointed managers with approval of 

 the state organization. 



Local managers weighed, stored and 

 shipped the wool and for their services 

 were paid one cent a pound. This 

 year, however, they made no cash ad- 

 vances. 



The wool, assembled in lots, was 

 shipped direct to the Indianapolis ware- 

 house of the Indiana Wool Growers 

 Association. There it was graded by 

 the Indiana Wool Growers Ass'n. and 

 appraised by the Commodity Credit 



At the fpeakers' table during the Illinois Agricultural Auditing Aisociatien conference 



ore, left to right: Roy V. Edwards, Champaign; F. A. Easterly, Carbondale; B. W. Horan, 



Reynolds; R. H. Voorhees, Jerseyville; lAA Secretary George E. Metzger; Manager C. E. 



Strand and Verna Gridley, office secretary. 



Corporation, and sold by the National 

 Wool Marketing Corp. to the C.C.C. 



Illinois is a member of the National 

 Wool Marketing Corporation and pre- 

 viously had sent its wool to the Na- 

 tional in Boston. After the wool was 

 graded at Indianapolis the Illinois 

 Wool Growers sent their advances 

 direct to members. 



Final Settlement Soon 



These cash advances made were: 

 clear medium, 35 cents per pound; fine 

 and feed wools, 25 cents per pound; 

 rejects, 20 cents. 



Advances were made because the 

 CCC guaranteed ceiling prices. These 

 ceilings have been extended until April 

 1, 1947. 



Wool was shipped to Indianapolis 

 in two lots. Russell warned members 

 that those who shipped their wool too 

 late to have it graded and appraised in 

 the first lot will be last to receive their 

 final payments. 



Russell said counties that had their 

 wool in by Aug. 1 will soon get their 

 final settlement check on this year's 

 wool. 



Added payments to members are 

 being sent from the National Wool 

 Marketing Corporation — refunds 

 dating as far back as 1932. 



These refunds represent payments 

 from certificates of interest issued by 

 the National, payments which have 

 been held up until the organization 

 built up central stock of $1,000,000. 



This has been done and now earn- 

 ings will be paid on a more current 

 basis. : . ,. ■■ 



New crop-share and livestock-share lease 



forms, adapted to changed conditions, have 

 been prepared by the University of Illinois 

 College of Agriculture. Copies may be ex- 

 amined at the office of the county 

 adviser. 



Further Gains 



Reported By 



Illinois Agricultural 

 Auditing Association 



GAINS in cooperative auditing during 

 the 1946 fiscal year were reported by 

 C. E. Strand, manager of the Illinois 

 Agricultural Auditing Association, at the 

 organization's meeting held during the 

 annual convention of the Illinois Agri- 

 cultural Association. 



A net increase of 35 member clients 

 was reported by this lAA affiliate, a co- 

 operative offering an auditing and general 

 business service to its members consisting 

 of cooperatives and farmer-owned or- 

 ganizations. 



Its membership of 464 activities con- 

 sists of 92 Farm Bureaus, 67 Farm Bu- 

 reau subsidiaries, 32 cold storage lockers, 

 100 grain elevators, 19 livestock com- 

 panies, five insurance companies, 84 serv- 

 ice companies, three Home Bureaus, and 

 30 miscellaneous organizations. 



During the past year the association 

 had the greatest volume of business in 

 its history with a total income in excess 

 of $124,000. Operating expenses 

 amounted to about $115,000 for net in- 

 come of more than $9,000. 



In order to handle the volume of work 

 necessary to complete the number of 

 audits performed by the company, the 

 state has been divided into eight districts. 

 Offices are maintained at Chicago, Ore- 

 gon, Bloomington, Champaign, Spring- 

 field, Galesburg, Peoria and Edwards- 

 viUe. 



farm 



About 33 billion pounds of corncobs are 

 produced annually on United States farms. 

 An average bushel of ear corn contains 11 

 pounds of cobs. 



DECEMBER, 1946 



