79 
American Agriculturist, January 26, 
Co-operative 
Grange League Federation Exchange, Inc. 
To the Stockholders of the Co-operative 
Grange League Federation Exchange, Inc.: 
The annual meeting of the stockholders of the Co-operative Grange 
League Federation Exchange, Inc., will be held at The Statler Hotel, 
Buffalo, New York, on the 4th day of February, 1924, at 11:00 A. M. 
■s Secretary. ✓ 
Dated, Syracuse, N. Y., January 21, 1924 
Statement of Nominations 
I certify that nominations for Directors have duly been made as follows: 
Raymond C. Hitchings, Syracuse, N. Y., a member of the New York 
State Grange order of Patrons of Husbandry, to succeed himself, 
Harry Bull, Campbell Hall, N. Y., a member of the Dairymen’s League 
Co-operative Association, Inc., to succeed himself. 
Fred Porter, Crown Point, N. Y., a member of the New York State Farm 
Bureau Federation, to succeed himself, and M. C. Burritt, Hilton, N. Y., 
a member of the New York State Farm Bureau Federation to succeed 
Harry L. Brown, resigned. 
January 21,1924. 
✓ Secretary. 
Instructions Regarding Proxy 
A Stockholder unable to attend the annual meeting may cut out the fol¬ 
lowing proxy, sign his name in Hie lower right hand comer and have a 
witness sign in the lower left corner. Any person may act as a witness; a 
notary is not necessary. Mail the proxy so signed to the G. L. F., Ithaca, N.Y. 
The proxy directs a vote for Directors nominated pursuant to the By- 
Laws of the G. L. F. Exchange, by the three organizations which founded it. 
Stockholders who desire to be represented as proxy by any person other than 
those whose names are printed may cross out the printed names and write in 
any name desired. 
Stockholders who wish to vote for Directors other than those nominated 
may cross out the printed names and write in their choice. 
A ten cent (10c) Revenue Stamp is needed and will be affixed by the 
G. L. F. prior to use of the proxy. 
---CUT HERE-*- 
PROXY 
/, the undersigned, do hereby make , constitute and 
appoint Henry Burden and George Kirkland and . 
. or any of them as my proxy to 
attend the annual meeting of stockholders of the Co-opera¬ 
tive Grange League Federation Exchange, Inc., to be held 
in Buffalo, N. Y., on February 4th, 1924, to vote and act 
for me thereat as fully as I might do if personally present. 
PROVIDED, that in the election of Directors 'at said 
meeting, the said proxy is hereby authorized and in¬ 
structed to vote for each of the following for such Directors, 
and for no others: 
R. C. Hitchings, Harry Bull, Fred Porter and M. C. 
Burritt. 
IN WITNESS WHEREOF, I have hereunto set my 
hand and seal this .*.. .dent of . 
. 1924. 
In the presence of 
Witness 
. IL.S.] 
CAN THE FARMER 
SUCCEED IN BUSINESS? 
I N June, 1920, some 45,000 farmers invested approxi¬ 
mately 3^00,000 in a cooperative stock corporation 
to save money and assure quality in the purchase of 
feed and grain, seed, fertilizer, and other farm supplies. 
In the three and a half years which have elapsed since 
that investment was made, the directors elected by these 
farmers from among their own number have established 
a great business enterprise. 
Today the books of the G. L. F. show a surplus as 
against the 347,000 deficit of a -year ago. Out of this 
surplus a dividend can be paid during the spring of 1924. 
The present sound financial condition of the G. L. F. 
is the result of the application during the past year of 
well tried business principles. Upon the continued and 
wider application of these principles by the shareholders 
of the G. L. F. depends their permanent success in earn¬ 
ing dividends on their stock and saving money on their 
purchases. To this end, 
Orders must be given voluntarily in order to lower 
the cost of sales solicitation; 
Advance orders without price must be assembled 
in volume in order to buy economically; 
Your G. L. F. manufacturing plants must have 
sufficient business to run continuously night and 
day to cut manufacturing costs; 
Ten million instead of six million dollars worth of 
goods should be purchased in 1924 to turn the cap¬ 
ital more often and cut down fixed overhead costs. 
% 
As it stands today farmers have succeeded with the 
G. L. F. The continuation and expansion of this success 
is the responsibility of every G. L. F. shareholder. 
Christine is a trade Holstein cow, owned and 
■ bred by Cornell University. She calved Novem¬ 
ber 27,1022, and in the lactation following made 
15,178 lbs. of milk and 531.87 lbs. ofjat. She 
was dry about ten weeks and calved again October 
2Q, 1923. Thus she produced over 15,000 lbs. 
of milk and two calves in eleven months. During 
this lactation she was fedU. L. F. Milk Maker, 
hay, and silage. 
Following the calving of October 29, 1923, 
Christine made a seven-day record of 644.2 lbs . 
of milk containing 24.133 tbs. of butterfat. 
CHRISTINE WAS FED MILK MAKER 
The Cards Are On The Table 
This spring farmers can know exactly how their fertilizers are made. 
The name and amount of each ingredient used in every ton of G. L. F. 
Mixed Fertilizer will be shown on a tag attached to every bag. 
Mixed fertilizers are made by combining various materials con¬ 
taining ammonia (nitrogen), phosphoric acid, and potash. These ma¬ 
terials may be such high grade carriers of plant food as nitrate of soda, 
sulphate of ammonia, animal tankage, fish scrap, acid phosphate and 
imported potash salts or they may be inferior materials containing 
plant food which is very slowly, if ever, available to the growing plant. 
Because it is a service organization entrusted by its shareholders 
with the task of purchasing for them the highest quality fertilizers 
obtainable, the G. L. F. has developed high analysis , no-filler formulas 
approved by the Colleges of Agriculture for its mixed goods. 
These formulas are now made public so that every farmer may 
know exactly what he is buying. 
See your G. L. F. agent for full particulars, formulas, and prices or 
write 
CO-OPERATIVE G. L. F. EXCHANGE, INC., FERTILIZER DEPT. 
2 Rector Street, New York City Phone Whitehall 7988 
Through the G. L. F. Grain and Feed Department farmers buy 
straight ingredients at the day’s wholesale market for home mixing 
or supervise mixing into balanced rations. 
The formulas for the mixed rations are supplied by the colleges of 
agriculture. They are public. They are based on experience. They 
give results. 
The cost of the rations is made up of the cost of the ingredients, 
the cost of manufacture, the cost of getting the orders, and the 
general overhead. 
If G. L. F. shareholders will insist on using the feeds manufac¬ 
tured by their own organization and will voluntarily give their orders, 
they can save on sales cost, on manufacturing cost, on overhead 
charges per ton, and buy their feed to better advantage. 
As a matter of fact, through the G. L. F. today farmers are buy¬ 
ing 100 lbs. of digestible feed, the only part of the ration that 
counts, in a well balanced ration for less money than they can buy 
it in any other ration. 
CO-OPERATIVE G. L. F. EXCHANGE GRAIN AND FEED DEPT. 
Chamber of Commerce Bldg., Buffalo, N. Y. Phone Seneca 5696 
CO-OPERATIVE GRANGE LEAGUE FEDERATION EXCHANGE. INC. 
ITHACA, NEW YORK 
