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Newspaper
Russell Banner
Location
Russell, Manitoba, Canada
Date
Sep 22, 1938
Page
3
The district holds a well attended pop corn social in Valley hall as neighbors update farm changes. Chas Melynk rents the Merritt farm while Harry Smtynski takes over S H Pugda’s former farm as he heads to Ontario. Pete Sion of Selsgirth renews acquaintances in town.
A contractor from Clear Lake plans a road to Baldy Hill for a new station. Mike Holub returns to Winnipeg after harvest work at Nicy Werbowski's. Threshing outfits stay busy as trucks haul grain. Glen Kimo school opens with 32 pupils. Tom Obedniak works harvest at Mat Sabaski's Angusville, Mike Werbowski has a near-miss with a threshing feeder. Peter Hyska attends Rossburn high school this year.
Dry weather leaves pastures bare and feed scarce across districts. To protect winter milk, milking cows should be housed at night with extra feed, especially freshly calved cows. Daytime outside grazing may continue if weather allows. records from Brandon show August to December freshenings yield lowest average production.
A Canadian economist urges International Agricultural Economists to recognize farmers cooperatives as pivotal in agrarian markets. He notes co-ops rank highly in number and capital against other industries, with hundreds of associations operating quietly across provinces and beyond, shaping insurance banking and services.
A Canada wide survey reports 1,024 cooperative bodies in 1987 with 3,987 business sites for farm product marketing and supplier purchases. Members total 396,918 shareholders and 451,231 patrons, assets near 87.94 million dollars, and members equity of 51.25 million. Current assets 29.99 million against current liabilities 10.30 million, indicating 2.91 dollars in assets per current dollar of debt. Net worth to assets stands at 58 percent, reflecting sound structure.
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