The Cooperative Elevator Movement a Study in Grain Marketing At Country Points
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In our eReader you can find the full English version of the book. Read The Cooperative Elevator Movement a Study in Grain Marketing At Country Points Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Cooperative Elevator Movement a Study in Grain Marketing At Country Points
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P. 51.
50 THE COOPERATIVE ELEVATOR MOVEMENT the 4, 442 companies of the North Central States in market- inging the 1919-20 crop, borrowed a sum of approximately $80, 000, 000. 44 This represents a conservative estimate in view of the fact that the prices prevailing for grain and farm supplies during 1920 were considerably higher than during 1914.
The three main sources from which loans may be se- cured are, commission firms, local banks, and individual members of the company. Security for these... loans is based upon agreements to ship certain amounts of grain to the loaning commission firm, upon mortgages on the elevator and equipment, endorsed company notes, warehouse re- ceipts of grain in storage, and upon personal security notes of individual members of the company. 45 The manner of distributing profits or earnings in a co- operative elevator company depends upon its plan of or- ganization. Attention should be called to a difference of opinion that exists among some grain growers as to what should constitute the proper basis for the distribution of the patronage dividend.
What to read after The Cooperative Elevator Movement a Study in Grain Marketing At Country Points?
You can find similar books in the "Read Also" column, or choose other free books by Joseph Bernard Kenkel to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
P. 51.
50 THE COOPERATIVE ELEVATOR MOVEMENT the 4, 442 companies of the North Central States in market- inging the 1919-20 crop, borrowed a sum of approximately $80, 000, 000. 44 This represents a conservative estimate in view of the fact that the prices prevailing for grain and farm supplies during 1920 were considerably higher than during 1914.
The three main sources from which loans may be se- cured are, commission firms, local banks, and individual members of the company. Security for these... loans is based upon agreements to ship certain amounts of grain to the loaning commission firm, upon mortgages on the elevator and equipment, endorsed company notes, warehouse re- ceipts of grain in storage, and upon personal security notes of individual members of the company. 45 The manner of distributing profits or earnings in a co- operative elevator company depends upon its plan of or- ganization. Attention should be called to a difference of opinion that exists among some grain growers as to what should constitute the proper basis for the distribution of the patronage dividend.
What to read after The Cooperative Elevator Movement a Study in Grain Marketing At Country Points?
You can find similar books in the "Read Also" column, or choose other free books by Joseph Bernard Kenkel to read onlineMoreLess
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