WANT
ADS
FARM CO-OPERATIVE DIVISION |
A
PAGE FIVE
THE HERMISTON HERALD, HERMISTON, OREGON.
THURSDAY, JUNE 27, 1935.
MESSAGE
NEW LOW RATE ANNOUNCED
BY FEDERAL LAND BANK
By using the cooperative financ
ing facilities which are available
through the Federal Land Bank, lo-
cal farmers may now obtain first
mortgage lean' at the lowest rate
in agricultur il history—4 per
Passing along full benefits from
the present cheaper money market,
the Land Bank put this record low
interest rate into effect on Monday
pt i his wees tone 24), according
to word received from President E.
M. Ehrhardt.
This is the third successive reduc
tion by this cooperative mortgage
institution in three months. On
April 1 a reduction was made from
5 per cent to 41, then 4‘ on April
10 and now 4 per cent on new loans
closed through and indorsed by lo
cal
borrower-owned
associations
which hold an investment in the
bank's capital stock.
These reductions were automati
cally brought about by the market
ing of new bond issues to the invest
ing public. The rate of interest
charged on new loans made through
and guaranteed by local farm loan
associations may not exceed by more
than 1 per cent the rate of interest
borne by bonds last issued by the
bank. The recent offering and
oversubscription of 3 per cent bonds
thereby established the new base
lending rate of 4 per cent, allowing
1 per cent for operating expenses.
Loans made directly by the bank
without local association indorse
ment bear one-half of one per cent
higher rate, or 4 % per cent through
the new reduction.
“While the new reduction applies
only to new loans closed after June
24, all Land Bank borrowers have
been given a temporary reduction
until 1938, under special provision
by congress”, President Ehrhardt
explains. “Emergency Land Bank
‘commissioner’ loans, however, made
out of a special fund, are not affec
ted and will continue to bear 5 per
cent interest.
“The Land Bank was organized in
1917 to give farmers a dependable
source of first mortgage funds at
lowest cost, and it has steadfastly
fulfilled this mission, operating on
the cooperative principle for con
structive service to agriculture.”
Simultaneous with the reduction
of interest on new Land Bank loans,
A. C. Adams, president of the 12th
district Bank for Cooperatives, an
nounced a corresponding reduction
of interest to 4 per cent on facility
loans closed after June 24 to coop
erative marketing and purchasing
associations.
Soy Beans for Paint
The soy bean growers have a new
outlet for their product, for It has
been found that the bean Is valuable
in the mixture of paint. Manufac-
turers of paint have found that a cer-
tain amount of soy bean oll can he
blended with linseed oil in the prepar-
ation of paint and excellent results ob
tained. It has been found that soy
bean oil makes the paint film glossier,
tougher and more durable. The bean
oil is semi-drying.
Horse Has 40 Teeth
In order to help the purchaser of
horses to determine to some extent the
age-of the animals being bought, the
‘ “
has issued
Department of ■ Agriculture
a bulletin which illustrates the shape
and condition of the teeth of the an
Imai from the milk teeth on to the
age of twenty. The male horse has
40 teeth If equipped with his full com-
plement, while mares for some reason
have four less.
Agricultural Matters
Co-operatives are being organized
among cotton growers In China.
Horses that sweat freely, authorities
say, seldom suffer from sunstroke.
Farmers own and operate 26 per
cent of all the motor trucks.
Of every steer weighing 1,000
pounds, 875 pounds Is used commer-
daily.
Erosion Given Attention.
HEPPNER—Morrow county farm
ers are being increasingly conscious
of the desirability of controlling both
wind and water erosion in the coun
ty, reports Joe Belanger, county
agent. Most of the work that has
been done along this line in the
county so far has been for the pur
pose of controlling water erosion,
but, as was emphasized In a recent
tour of the erosion district at Ath-
ena, basic control is the same for
wind as for water eroeion.
EUGENE—A venture in vegetable
seed production is being started this
year by several farmers on the north
fork of the Siuslaw river near Flor
ence. Hana Peterson and Ralph
Johnson will each have one acre of
beets for seed and Elmer Johnson
an acre of cabbage, and another
The plantings this year are ’■ the
nature of an experiment and if sue-
TO
EVERY MEMBER.
Canning Schedule
JULY 1 to 6.
From 8:00 A. M. to 3:30 P. M.
1:00 to 3:30 P. M.
8:00 to 11:00 A. M.
No. 21 can Peas
MONDAY—No. 2 12 can Beans
No. 2 can Peas
TUESDAY—No. 2 can Beans
No. 2 1 can Beans
WEDNESDAY—No. 212 can Beets
No Canning.
THURSDAY—No Canning
No. 2 can Peas
FRIDAY—No. 2 can Beans
No Canning
SATURDAY—No. 2 12 can Beans
Laundry and Cannery will be
INSURANCE RATE LOWERED ON
CLASS ‘A’-‘A-B’ SCHOOL BLDGS.
SALEM, Ore., June 26 (Special)—
School districts having buildings of
Class “A” and Class “A-B” construc
tion have been resurveyed at the
request of Hugh H. Earle, Insur
ance Commissioner, with the result
that the Oregon Insurance Rating
Bureau has tiled a new schedule
making a substantial reduction in
the rate on school buildings of the
above classifications.
Commissioner Earle feels that due
to the better construction of school
buildings in the past few years loss
es have been lower to the extent that
the reduction is merited.
Earle states that re-surveys of
other classes of risks will be made
during the year.
Westland Dance Saturday.
The regular Saturday night dance
will be held at Westland June 20.
Music by the Merry Makers, The
usual good time is anticipated.
THE COOPERATIVE MOVEMENT
BY E. F. DUMMEIER,
Professor of Economics and Agri
cultural Economist, State College
of Washington, Pullman.
(From the Grange Bulletin)
UPSTAIRS APARTMENT FURN-
ished with ice box. Carter Apart-
44-ltp
ments.
DAVENPORT; PLATFORM SCALES,
saddle. Hermiston New & Second
44-tfc
Hand Store.
SADDLE HORSES OR WORK
horses for sale. See Marian Hen
derson, Hermiston. Phone 561. 40-tfc
APRICOTS—BIG CROP, RIPENING
To Try New Spud Varieties.
July 1 to 20. Orders for reserva
tions acceptable. Ten pounds peach
PRINEVILLE
—Three new varie
es free with 100 pound apricot order
Bring boxes. Edmonds Orchard, 2 ties of potatoes recently received fog
miles West of Umatilla.
42-3tp trial at the Oregon experiment sta
tions and in a limited way in demon
BABY CHICKS—TWO HATCHES strations in the counties, are being
each week. Large or small orders. tried out this year by George C.
Started chicks. Come, see what you Truesdale, certified seed
potato
buy. “Vigorbilt” Hatchery, Hermis-
31-tfc grower of Powell Butte, in coopera-
ton. Ore.
tion with W. B. Tucker, county ag-
ent. These are Chippewa. Golden
Find New Way of Fooling Ewes.
and Warba. Warba is an extremely
LAKEVIEW — Two Lake county early variety, resistant to mild mos-
woolgrowers, Ed Bosbyshell, Dry ale. Chippewa is somewhat earlier
Creek and S. R. Hanson, West Side, than Katahdin and in some tests
have found that bummer lambs can has been found to produce better,
be grafted on ewes by rubbing kero is resistant to mild mosaie and
sene on the lips and under jaw of yields a high proportion of number
the ewe and on the lamb to be adopt ones. Golden is a yellow-fleshed
ed. They recently reported to Coun variety about which there is little
ty Agent V. W. Johnson that this information to date, but it is also
method is just as successful as the said to give a high yield of first
common one of fastening fresh pelts grade potatoes.
THREE 20-ACRE
FOR TRADE
tracts, improved and good build
ings, and three houses in small
closed July 4.
town, buildings and stock of goods
for wheat ranch. Forty acre dairy
ranch for stock ranch. Three good
Made Striking Savings.
20-acre tracts here for sale cheap.
The Rochdale pioneers made strik Fine ten acres easy money cheap.
ing savings, and many other stores Lot of other deals. E. P. Dodd, Her-
44-ltc
were organized under the same gen miston.
eral plan. A wholesale division to
supply the retail stores was organi
zed, and the whole movement en
joyed a steady growth.
In the United States, the coopera
tive movement as an organized
movement in buying and selling
dates from the period following the
Civil War. An important part in
promoting the early stages of the
movement was taken by the Grang-
es, which grew rapidly in numbers
from 1868 to 1875. Other farm or-
ganizatlons later also encouraged
the movement.
From these early days to the pres
ent time the cooperative movement
has had a number of ups and downs,
but it is now in a stronger position
than it has ever been.
In 193 2 the total sales by farm
ers’ cooperative associations in this
country which reported to the fed
eral government amounted in dol
lars to more than 30 per cent of the
total gross cash income from farm
production for the country. This in
cluded cooperation in both buying
and selling, and involves some doub
Not unknown tires
Not just
le counting because of products pass
ordinary tires. But genuine notionally-
ing through the hands of more than
•
advertised U S. Tires! They give you all
one cooperative. It also includes the
costs of some services of a manufac
turing nature performed by coopera
tives. Nevertheless, at the present
time close to one-fourth of all farm
products are marketed through co-
operative associations and purchas
ing by farmers through cooperative
associations is of large importace.
Cooperation is a method of eslf
help by working with other people.
Nearly everything we do in a civi
Washington In Front Rank.
lized country involves some coopera
Washington is one of the leading
tion. Broadly speaking, in a demo
cracy all government activity and states of the union in the percentage
of
its total farm products which are
most business are cooperative. The
farmer and transportation company, marketed through cooperative asso
for example in the production and ciations, and it is also one of the
marketing of grain. The private cor leading states in cooperative buy
poration, as another example, Is a ing. Not all cooperative endeavors
particular form of business organi in this state have succeeded, but
zation in which different owners of many of the successes have been
capital unite their resources and outstanding and have afforded the
work together with the hope that farmers large benefits. The coopera
they may profit by doing this. “Co tive purchasing of gasoline and eth
operation” and “the cooperative er products through the Grange Sup
movement,” however, are usually ply companies, fostered by the Wash
used with a more narrowly restrict ington State Grange, is one of the
ed technical meaning They refer to most recent of these outstanding
people working together in an orga successes.
Cooperation offers to farmers
nization for the purpose of making
savings in performing a service for large possibilities of benefits. but
the members themselves of that or It is not a magic word or a substi
ganization. In contrast to this, oth tute for good business methods.
er business activity is conducted us
Among its possibilities of high
ually with the hope of a profit from importance is that of reducing costs.
performing services for other peo This however, must come to a great
ple. some times with the hope of < xre i from the reduction of compe-
exploiting other people without per- | titito wastes, and foregoing of non-
forming genuine services.
essential services. To be cure, In
The idea that cooperative associa many cases, cooperation is the means
tions are for the purpose of perform of breaking monopolies or price
ing services for the members of agreements by those with whom the
these associations is Included in the cooperators would otherwise * deal.
Capper-Volstead Act of 1922. This But even in these cases the appear
act was originally passed by cong ance of the cooperative often results
ress to free cooperative associations in the previous monopolists cutting
of farmers from undeserved prose their prices, and unless the coop
cution under anti trust laws. More erative Is economically conducted, it
recently this act has furnished the fails to survive in the following
legal definition of an agricultural price battle.
cooperative association which is en
Reduces Waste.
titled to be so considered in its deal
ings with certain federal credit
____
-
have but
Selling cooperatives
agencies. To be regarded as a coop little power of arbitrarily fixing
erative association under the Cap- prices, but in many cases they have
per-Volstead Act, an organization large possibilities of reducing waste
must have the following features:
and improving the general condi
tions under which the product is
Essential Features.
marketed. These possibilities are not
( 1 ) No member may be permitted the same in all cases. In some cases
to have more than one vote regard the greatest possibility is in redu
less of the amount of stock which cing costs through the handling of
he owns or capital he supplies to a large volume. In some cases it is
in improving the grading and stan
the organization, or •
dardization or other services involv
(2) The association may not pay ed in handling the product. In some
dividends on stock or membership cases it is in extending markets by
capital at a rate exceeding 8 per advertising, or improved methods of
cent per annum, and In either of selling. Nearly always when the co-
the above cases,
operative method of selling has suc
(3) The association may not deal ceeded and benefited those who par
in the products of non-members to ticipated, it has resulted from one
a greater extent in value than such or more of the following: (1) bet
ter products; (2) reduction of mar
as are handled by it for members.
keting costs; (3) better selling.
The cooperative movement in
Essentials for success In coopera
some form is older than civilization tive marketing include the follow-
itself, because there has always Ing: (1) members cooperatively in-
been much cooperation, even among clined and willing to do without
primitive savages.
In the more
non-essential services (In buy-,
limited and techncal sense, however, costly
one of the most costly of these
cooperation on an extended scale is Ing,
is
often
credit); (2) an assured vol
of more recent origin. A noted his- ume of business
sufficiently large to
* lis history of
torian in an * industrial
economic operation possible;
England says, “The cooperative make
(3) skillful and economic manage-
movement as a definite continuous ment.
Including adequate financing
development dates from the organi- and
Failures where they
zatton of the Rochdale ‘Equitable have accounting.
have usually been
Pioneers’ in 1844. This society was due to occurred
not observing these essen-
composed of twenty-eight working
weavers of that town, who saved one tials.
A true cooperative spirit, one of
pound each, and thus created a capi
tal of twenty-eight pounds, which the essentials for a successful co-
they Invented tn flour, oatmeal, but operative movement, not only af-
ter, sugar, and some other groceries. fords possibilities for financial gain
They opened a store In the house of to thoee who possess it. but also is
one of their members In Rochdale, the mark of a good citizen. In this
for the sale of these articles to their world we must work with our fel
own members under a plan previ low man, and must control some of I
ously agreed upon. The principal our immediate selfish impulses and
points of the scheme, afterward desires if both we and our neigh-
known an the ’Rochdale Plan', were bora are finally to profit to the great
as follows: sale of goods at regular
prices division of profits to nem-
bers at quarterly intervals in pro-
portion to purchases, subscription
to capital In instalments by mem-
HEAVY BREED PULLETS FOR
sale.
21 months old. 40 cents
each. V. Waid, 2 ml. east of Stan-
field.
4 4-ltp
FLATFORM SCALES; 2 DAVEN- from dead lambs on bummers, and
ports, good condition. Hermiston saves a great deal of time and en-
New & Second Hand Store.
42-tfc ergy.
BUY
Genuine
1935
TIRE®
AgOTTOM
PRICES
June
28
U.S.TIRES
“af’S.U
M+I
(PEERLESS TYPE)
4.75x19
4.75x19
5.00x19
$4:68
• v
U. S. ROYALS
U. S. TIRES
(GUARD TYPE)
4.40 X 21
/
/ ) • ad’s
5.25x18
$7.58
5.00x19
$6.54
$7.29
5.25x18
$9.04
FARM BUREAU CO-OPERATIVE OF HERMISTON
CO-OPERATIVE SERVICE STATION
States
Rubber
A Classified Directory of
Reliable Business and Pro
fessional People This News
paper Recommends to You—
WHO is WHO
in PENDLETON
HYATT and BRAWN
—Quality Men’s Wear—
FLORSHEIM SHOES
718 Main Street
PENNEY'S
J
€
PINNIY COMPANY
Incorporated
Pendleton, Oregon.
SHOP & SAVE
LOCALLY OWNED
NATIONALLY KNOWN
“Shoes for the Entire Family"
Buster Brown Shoe Store
725 Main Street
Company
Pendleton
OREGON CAFE
MEALS AT ALL HOURS
Steaks - Chop Suey - Noodles
Bring your friends here and show
them what you consider the
best cafe in the city.
Phone 605
632 Main Street
BEST SERVICE AND BODY
DEPT. IN EASTERN OREGON
A Good Place to Buy
Used Cars and Trucks.
SERVICE
SALES
DENNIS MOTOR
PENDLETON
PHONE 526
BANISH PILES FOREVER
THE H & H SHOP
Pendleton Iron Works
Guaranteed or Your Money Back
Latest Scientific Proven Method
MINNIE M. HENDERSON. Prop.
Dr. R. B. Brundage
Bond Bldg.-Room 14 Phone 148
Hemstitching - Baby Articles
Children’s Wearing Apparel
740 Main St.
-
- Phone «01
General Repair * Foundry Work
Electric and Acetylene Welding
Hydrogen Irrigation Pumps
East Alta Street
SERVICE CLEANERS
BREIER 1935
L. E. Thorne, Proprietor
Cleaning - Pressing * Alterations
Have Your Cleaning Done
“The KAR-TET Way"
519 Main 8t. -We Deliver- Tel. 76
Hawkinson Tread Service TROY
505 East Court St.
Phone 170
Cyril J. Kruger, Manager
NEW MILES FOR OLD!
Why retire your tires while they
are still young?
Twator" LAUNDRY
BONDED
-
-
INSURED
Portland « Pendleton
Motor Freight, Inc.
Personal Service
Pendleton
Hermiston
Phone 369
Phone 852
JAMES R. FERGUSON
and
DRY
CLEANERS
WE CALL—
MON. — WED. _ FRI.
"Sailing Associated Service"
East Court â MIU
Phone 1933