16— Lancaster Farming. Saturday, October 7,1967
Cooperatives Generate Volume
In Supporting Businesses
The American co-op story to- major segment of the Nation’s
day is one of success despite a economy. Urban and rural peo
century of struggle and opposi- pie have over $lO billion of sav
tion. It is one of people in ad- ings and $9 billion of outstand
versity, with foresight and a ing loans at their 22,700 credit
will to fight economic abuses, unions Farmers and their co-
The same principles of co- operatives borrow some $8 bil
operation of yesteryear apply lon aiinualy through then co
now for more than 20 million operative farm credit system.
American families who push The 8,500 farm marketing and
aside political, organizational, purchasing co-ops do a daily
religious and other differences business of over $5O million
to work in harmony for common for a membership of 5 out of
purposes. every 6 farmers in the United
For many co-op members it States,
is a story of their influence Over 6 million rural consum
over management of multi-mil- ers provide their own electric
lion dollar investments. A services through 1,200 coopera
school teacher on an electric tives. About 600,000 farm fami
co-op board casts the deciding i|pc crpf telenhone service
vote on the new construction of through these same co-ops.
a $l5 million power facility. A The 560 cooperative housing
farmer m a similar position projects in the United States in
votes to build a $l5 million fer- elude 80,000 units valued at
tihzer plant or a $l2 million more than $1 billion. Some 10,-
export grain elevator. 000 fishermen operate 7,514
Co-ops are anchored in every fishing boats and vessels
John Deere
237 Corn Picker
raises the speed limit
in high-yield com
Shift up! Pick at speeds up to 5 mph, even when yields
run well over 100 bushels. Long, tapered gatherers and
high inside shield, funnel stalks right in. Even tangle*,
stalks seldom escape three roller-type gathering chains.
There’s new gathering and snapping speed. And the
237's spiral snapping rolls cut shelling loss in half.
Faster elevators with higher flights move corn up fast.
Trash goes too, aided by new rotating trash paddles.
New husking rolls cast-iron spirals against serrated
rubber—peel husks, pull trash through. You pick clean.
See the new 237 soon Ask about the Credit Plan.
M. S. Yeorsley & Sons
West Chester 609-2990
Landis Bros. Inc. A. B. C. Groff, Inc.
Lancaster 393-3908 New Holland 354-8001
SHotzberger's Wenger Implement Co.
Ba 685-2141 Back 284-4467
through their 100 fishery co-ops.
About 4.5 million people are en
rolled in 180 cooperative health
plans.
Over 150.000 farmers in 7,000
areas irrigate 9 million acres
through their mutual irrigation
associations. Farmers pay out
an estimated $5O million a year
to members in settlement of
fire loss claims in 1,400 areas.
Today much of the cooperative
story centers around the co-op
cash register. People form co
ops to bring prices down for
products or services they buy
and so they can get more for
the products they sell.
The rest of the story is cen
tered around service. Before
people formed their co-ops the
services did not exist or were
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MOUNT JOY, PENNA.
inadequate or too costly.
From all the co-op activities
a social benefit evolves. People
accept greater responsibility for
solving their own social and
economic ills. They call on the
leaders of their groups and
boost them to prominence in
the business world.
Higher net incomes trom co
operative activities bring higher
standards of living to members,
and as a result bring social
benefits to entire communities.
Cooperative activities in the
United States generate billions
of dollars in supporting busi
nesses for machinery, packag
ing supplies, transportation,
electrical appliances, construc
tion and a wide range of ser
vices.
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