—Lancaster Farming, Saturday, December 15, 1962 12 Producers Co-op Finances Improve During Past Year For the first time in three year Pioduceis Cooperative Exchange m Coatesville oper ated on the profit side, it was leveaied at the 30th annual x meeting of the egg co-op Tuesday night at Pequea Valley High School. Treasmer Melvin Stoltzfus stated there was considerable nnpro\ement in the financial stiucture during the past year. Earnings for the year ueie $28,929,60, Taxes, in stil ante and depieciation on idle plant amounted to $22,- 422 35, leating a net savings ot $6 487 25 Stoltzfus point ed out that the sale of poul ti\ equipment and a better earnings position made possi ble the reduction of debt and an mciease in Woilung Capi tal of $105,797 95 K M. Soudeis, General Managei lepoited dollar vol ume foi the tear nas $3,704 - OS4 Dozens ot eggs maiketed totaled 8 824 151. down 7% fiom last veais yolume of 9 511 413 Aieiage puce to pioduceis including all glad es liom Jumbo to Giade C •was 32 pel dozen Dollar sales of Retail Stoie weie C 91.000 00. up 10 5% fiom last year Soudeis lepoited that all opeiatmg derailments have shown savings in the fiist two months of the new fiscal vfar due to lowei * unit expenses Vice Piesident Mark Hess spoke about the new PM C. egg'washer soon to be install ed Hess explained that in the beginning, for opeiational leasons, first consideration ■will be given to pioducersi •with a minimum of 13 eases per shipment, which is the «ame minimum lequirement for piodncers on Cooperative Egg Maiketing Agreements. He fuither stated that pro duce! s will sa\e a great deal ot time bv having their eggs plant washed Piesident William G Car lin leported on the actions of the Board ol Duectois Hr stated that all poultiy pio cessing equipment had been disposed of dining the past fiscal jeai and that one poi tion of the former poultry building had been leased ’n Juli 19 G 2 and the balance of the building is being piepared toi occupancy on Januaij 10 03. He fuither reported that the Boaid of Dnectois auth orized discontinuance of fin ancial suppoit to Pennsjh an ia Egg and Poultry Pioduceis, Inc m Maich 19G2 However, •we are continuing to work closely with the other three Co-ops. in Southeastern Penn sylvania on egg marketing He exipiessed belief that due to our improved financial condition over the past year, our relations with the local bank and Baltimore Bank foi Co-ops have been helpful and meaningful. Stockholder also voted an addition to the bv-laws to complv yy ith the new federal tax law. . The new law requires a co operative to pay a ‘minimum of 20 per cent cash on patron age refunds The balance may be allocated to leseiyes The new statute yy ill be come effective for the ex change in Septem'bei 19 63 Stockholder also appioved an amendment calling for the exchange’s fiscal year to md the last Satmday of Septem hei Members also leelected Piesident William G Cailm, Coatesiille El and Tieasuiei Mehin R Stoltzfus Honks Rl, to tlnee-yeai terms on the boaid of dnectois Also elected to the board was Lestei D Hershe\ Paik esburg R 2 for a tlnee-veai teiin Heishey, whose fathei was an exchange foundei, succeeded John H Hen, Lan castei R 7, who did not seek leelection He is piesentlv secretaij FFA Awards To Go To Local Packing Firm A Lancaster film is among 16 organizations slated to le ceive citations for outstand ing coopeiation in suppoiting the Future Farmeis of Amei ica dunng the Penusjlvama Farm Show in Januan. Kunzlei and Company, the Lancaster meat packing firm, will iecei\e the citation foi well oiganized toms of their plant. >pi Gliding facilities, matena.ls and judges for meats nidging contests and annualU pioiiding a two jeai scholarship in agricul tuie at Penn State foi an FFA boj Piesentation mil be made at the annual convention of the state FFA Association in Hatnsburg on Januan 9 dur ing the annual Farm Show. The 'first rural mail routes began in West Vngmia about IT miles long service bulletin AMW * * Which is the better cow? YOU BE THE JUDGE! These two cows are from the Purina Dairy Center herd. They’re about the same age. Each has calves regularly. Each has produced 15,000 lbs. of milk in her 10 months lactation. THE COW ON THE LEFT should be the heavier producer, based on her bred-in ability. But she’s too thin (be cause of the experiment she’s been on). She’s been producing at the ex pense of her own body. Rabbits Go Commercial American housewives love variety in the meat counter at their supermarket and they’ll pay for it, too! The growing demand for delicious farm-raised, all-white rabbit meat creates a new commercial farm opportunity. Rabbit production, “The Purina Way” may be a sound, profitable (but not get rich-quick) business, either part-time in the back yard or full-time on the farm. Talk with your Purina salesman about this op portunity. If you raise rabbits now . . . feed Purina Rabbit Chow, developed at the modern 84-doe rabbitry on the Purina Research Farm, Gray Summit, Missouri. Do You Know . . . Sows Produce 100 Gallons Of Milk Each Year A brood sow is a factory a “pig factory” and she needs help to produce to capacity. At the Purina Research Farm on the Purina Hog Program, sows each year produce more than 100 gallons of milk; wean 18 pigs; and maintain their own bodies. These are mighty big jobs. Purina Sow Chow fed with your grain is designed and researched especially for these big jobs. Get Sow Chow at our store with the Checkerboard Sign, John B. Kurtz Cedar Lane John J. Hess, II Intercourse - New Providence Ira B. Landis Valley Road, Lancaster Warren Sickman Pequea 8 3 PI B IB ■ BP a a ma mm mm ■b b■ m ■ a a a ■* ~ S. H. Hiestand & Co Whiteside & Weicksel Salunga Kirkwood John B. Kurtz Ephrata Body condition is most important in keeping a herd milking at their peak year after year. Body condition de pends on proper feeding during the dry period . . . and is maintained by feeding a good milking ration. : Ask us about Purina’s Dairy Feeding Program . . . built by 34 years of re search with thousands of cows. It’s sure to help your cows give all the mlllf they’re bred to give ... to help you make top* profits from your herd, t James High Gordonville John J. Hess Kinzers - Vintage #4l > cJ§JT 7 r* r^jr "i ■ .i & ' V Wenger’s Feed Mill, Inc. Rheems J. H. Reitz & Son, Inc. Lititz
Significant historical Pennsylvania newspapers