Special Collections Department
403 Parks Library
Iowa State University
Ames, IA 50011-2140
MS 120
Elmer L. Kreger (1886-1972)
Papers, 1906-1970, undated
creator: | Kreger, Elmer L. (1886-1972) |
title: | Papers |
dates: | 1906-1970, undated |
extent: | 0.42 linear feet (1 document box) |
collection number: | MS 120 |
repository: | Special Collections Department, Iowa State University. |
access: | Open for research |
publication rights: | Consult Head, Special Collections Department |
preferred citation: | Elmer L. Kreger Papers, MS 120, Special Collections Department, Iowa State University Library. |
Cooperative manager Elmer L. Kreger started the Farmers Elevator Service Company (FELCO ) in 1926, with the idea that if elevator companies would cooperate in purchasing farm supplies in large units, substantial savings could be gained for their customers. Eventually the cooperative handled a full line of farm supplies. FELCO later merged with the Nebraska Farmers Union State Exchange, becoming the Farmers Regional Cooperative. In 1970, the Farmers Regional Cooperative merged with Land O' Lakes, a Minnesota-based cooperative, becoming one of the largest agricultural supply and food marketing cooperatives in the United States. The collection includes annual reports, correspondence, meeting minutes, news clippings, and a record of Kreger's business expenses during the first two years of FELCO's operation, 1926-1927. Correspondents include Paul H. Appleby, Mary H. Rumsey, and Henry A. Wallace. Included are materials pertaining to a trip Kreger made to Washington, D.C. in 1933 in a successful effort to reverse a National Recovery Administration decision which had declared cooperatives illegal. |
E. L. Kreger was born in 1886 in Jefferson, Iowa. He was married to Grace Wilcox in November 1904. After graduation from high school he started work in Grimes, Iowa at the grain elevator and in 1908 he became manager of the Farmers Elevator Company there. In 1912 he went to Ralston, Iowa as manager of the Farmers Elevator Company where he stayed for fourteen years. Kreger started the Farmers Elevator Service Company in 1926, with the idea that if elevator companies would cooperate in purchasing farm supplies in large units, substantial savings could be gained for their customers. Ninety-six elevator operators of the Iowa Farmers Grain Managers Association paid $5.00 each toward the company's operating capital, and Kreger was guaranteed $100.00 per month plus expenses. Kreger managed the company, known by the acronym FELCO, until his retirement in 1954. The original products available to FELCO members were coal, cedar posts, linseed oil meal, and office supplies. Eventually the cooperative handled a full line of farm supplies, including livestock feed, fertilizer, and petroleum. FELCO later merged with the Nebraska Farmers Union State Exchange, becoming the Farmers Regional Cooperative. In 1970, the Farmers Regional Cooperative merged with Land O' Lakes, a Minnesota-based cooperative, becoming one of the largest agricultural supply and food marketing cooperatives in the United States. Early in the 1930s the National Recovery Act ruled out cooperatives and declared them illegal because they "prorated" the profits back to the businesses." Kreger went to Washington, D.C. on a Monday and working with Henry A. Wallace, Kreger left Washington Friday morning with a confidential order that said President Roosevelt would sign an executive order declaring coops legal on Monday. |
The collection (1906-1970, n.d.) includes annual reports, correspondence, meeting minutes, news clippings, and a record of Kreger's business expenses during the first two years of FELCO's operation, 1926-1927. Correspondents include Paul H. Appleby, Mary H. Rumsey, and Henry A. Wallace. Included are materials pertaining to a trip Kreger made to Washington, D.C. in 1933 in a successful effort to reverse a National Recovery Administration decision which had declared cooperatives illegal. The collection contains a variety of records regarding FELCO including newspaper clippings, newsletters, member roster, and several reports. The reports are about FELCO, the Manager's Association, inventory, consumer's Advisory Board, Cabinet meetings, earnings, maps, by-laws, commissions, comparison earnings, and office expenses. A transcription of the tape for History of FELCO and the transcription of the discussion "Managers Sessions" are included as well. |
This collection is arranged by subject. |
Box |
Folder |
Title |
Dates |
1 |
1 |
Codes of Fair Competition Upon Cooperative Organizations |
1933-1934 |
1 |
2 |
Correspondence: Henry A. Wallace, Paul H. Appleby, Mary H. Rumsey, information regarding National Recovery Administration |
1906-1970 |
1 |
3 |
Newspaper Clippings regarding Kreger |
1934-1969 |
1 |
4 |
Newsletters: FELCO News |
1933-1954, |
1 |
5 |
Reports: Annual Farmers Elevator Service Company, The Manager's Association |
1926-1945 |
1 |
6 |
Reports: Business inventory, FELCO Mixers and Dealers, consumer's Advisory Board, National Recovery Administration, Cabinet meeting schedule |
1909-1965 |
1 |
7 |
Reports: District Meetings of Managers |
1928 |
1 |
8 |
Reports: Expense Account |
1926-1927 |
1 |
9 |
Reports: Members of Iowa Farmers Grain Managers Association and 1923 Minutes of Association |
1923-1926 |
1 |
10 |
Reports: annual, earnings, shipments, comparison and commissions |
1931-1947 |
1 |
10 |
Reports: F. W. Stover on Farm Bureau relationships to cooperatives |
1938 |
1 |
10 |
Reports: savings on coal, district maps, list of directors, articles of incorporation and by-laws of FELCO |
1930 |
1 |
10 |
Reports: company memos, annual meeting notice, booklet The Hormel Farmer |
1951-1952 |
1 |
10 |
Reports: notes, feed formulas, annual report, brokerage report, earnings and financial statements |
1950-1953 |
1 |
10 |
Reports: annual report, vitamins in mix, L. C. L. Commissions, comparison earnings, ledger balances, office expenses |
1931-1954, |
1 |
11 |
Papers filed at Washington, D.C. (see correspondence 1/2) |
1933 |
1 |
12 |
Transcription of tape for history of FELCO for John Byrnes |
1970 |
1 |
13 |
Transcript of Discussions: "Managers Sessions" |
1925 |
1 |
14 |
Scrapbook of photographs of grain elevators and office of FELCO |
1937, undated |
2 |
|
Film 8mm: "1943 News" |
1943 |
3 |
|
Roster of members in a Day Book ledger |
1921-1924 |