The Courier News from Blytheville, Arkansas on December 23, 1955 · Page 15
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The Courier News from Blytheville, Arkansas · Page 15

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Blytheville, Arkansas
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Friday, December 23, 1955
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Page 15
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.) COURIER PAGl F1VTEKM RE 1/1EW *"• FORECAST Maloch Says By D. V. MALOCB County Ajenl General Outlook ', Large supplies of farm products, slightly lower average prices, and • some further drop in net income to '• the farm sector of the economy in 1956 is expected. It is believed business conditions : will remain good again in 1956 but at a lower rate than during the past year. Prices of farm products fell 5 per cent from 1954 to 1955. Realized •' net farm income fell 10 per cent. ' The change in net income from '• 1955 to 1956 is expected to be some: what less than the 10 per cent drop this year. • Income declines per farm aver; aged less than aggregate income drops because of the long-contin- . ued decline in the number of • farms. • Also, farm people of the United • States get about one-third of their : income from non-farm sources. ; For this reason total income has . not varied as much as the income , for sale of farm commodities ; alone. : Export demand has not been as • stable as the domestic demand lor • farm products. Exports are ex' pected to be maintained at about : present levels, but of more impor- ; tance to Arkansas is the gloomy outlook for cotton exports, which ; may drop one million bales from ; last year to about 2'/2 million. i In summary, total demands in : the economy from consumer, business, and government, are expected to increase moderately over the • year ahead, but not as much as in 1 the past year. ; The productivity of the economy shoul enable these demands to be satisfied at fairly stable prices. Some price increases in the industrial segment may be expected. A demand increase as large as during the past year would exert strong inflationary pressures. Cotton The outlook for cotton during the year ahead is for every large supply in relation to market outlets. The record supply of nearly 26 million bales and an estimated disappearance of less than 12 million bales, will leave a record high carry-over of about 14 million bales at the beginning of the marketing season next August — more than a year's needs for domestic mills and . exports. With the exception of 1950, production has exceeded disappearance each season since 1947. For 1955 the cotton acreage in cultivation was 14 per cent smaller than a year ago but production increased about 1 per cent. Obviously little more can be expected than the price support level on cotton, and possibly another acreage cut in 1957. Soybeans The 1055 soybean crop is estimated at 372 million bushels. Domestic crushings, exports, and carry-over stocks will all rise to new highs. As the size of the United States soybean' crop has increased, exports have become a major outlet. Last year 17 per cent of the total supply was shipped abroad, compared with 14 per cent for 1953, 11 per cent for 1952, and 6 per cent in 1951, There may be some increase in ^oybean production outside the United States but the export outlook is favorable for the record TJnited States crop. , In mid-November soybean prices were 20 per cent less than a year ago and remained competitive with Manchurian beans. Although we do not anticipate any significant price increases for soybeans during 1956, present competitive pricing should enable the movement erf a larger quantity of soybeans at current price levels. Soybean exporte are expected to increase from 60 million bushels in ;fl54-55 to 65 million bushel during the current marketing season. It le important to recognize that reductions in production of cotton (which did not occur in 1955) would lend strength to the soybean market. Price support for soybeans is discretionary, but mandatory and it is doubtful whether an announcement can be expetced until near planting time. RICE Carryover jumped from 7.6 million on August 1, 1954 to 36.7 million owl. (rough) last August. This Is about a full year's domestic disappearance, which amounted to 37.7 million in 195*45 and is »sti- mated at 27.3 this marketing year. Rice supplies are estimated at 79.5 million cwt. and 25.5 million in •xjjorts would be required to prevent further .increase in carryover August 1, 1956. Exports totaled 14.4 million last year and 25.2 million to peak season of 1952-53. Over half of available world exportable rice is In the United States. Exports may rise a little and the United States will play a major role in determining world price tevel of rice during 195$. Beef Cattle Chances in average cattle prices are expected to be small in 1956. Ted cattle prices may average lower this Winter and early spring than a year ago. Consumer demand for meat,. Increasing supplies of feed at lower prices, and emphasis on livestock as a source of income, lifted production of meat animals to record volume in 1955. These same factors will keep production nearly as large in 1956. Hogs Pork production decreased for two years, starting in 1952. Then In 1954 pig crop jumped 13 per cent, and th* 1955 crop increased by 0 or 10 per cent. MOT* *H pit* ta ttU wW mean more hogs for slaughter in the first half of 1956. Total slaughter for 1956 will probably be 4 or 5 per cent larger than this year. Increased slaughter in recent weeks has brought low prices. October slaughter of hogs was 20 per cent above October 1954, and a record for the month. Ordinarily such low prices would discourage producers and result in a smaller pig crop. But the price of corn is also down and the hog- corn ratio is only a little below average. Unless there is considerable reduction in farrowing only seasonal improvement in price can be expected. Although pork consumption is about 6 pounds more per person than last year, demand for pork, relative to beef, has been slipping for many years. Poultry . Eggs; Production is likely to exceed the record high of 1955, therefore, somewhat lower prices may be in prospect. In spite of record high per capita supplies in 1955 farmers' egg prices, will average about 5 per cent above 1954 prices. After remaining about the same in the first half of 1956, egg production will probably rise above the last half of this year. Broilers: The 1955 production will probably exceed past records by 2 per cent; 1956 production likely to climb more. Prices may average lower in 1956, but averaged 11 per cent higher this year than first 9 months of 1954. The above summary was prepared by T. E. Atkinson. Agricultural Extension Economist, Little Rock. WARNING ORDER IN THE CHANCERY COURT, CHICKASAWBA DISTRICT, MISSISSIPPI COUNTY, ARKANSAS Annie Lucille Floyd, Pltf. vs. No. 13,193 Minar K. C. Floyd, Dft. The defendant, Minar K. C. Floyd, is hereby warned to appear within thirty days In the court named in the caption hereof and answer the complaint of the plaintiff. Annie Lucille Floyd. Dated this 20th day of December, 1955. SEAL GERALDINE LISTON. Clerk. By DONNA SIMMONS. D- C; Claude F. Cooper, Atty. for Pltf. Ed B. Cook, Atty. Ad. LUem. 12/23-30-1/6-13 Williamsburg, ' Virginia, was named in honor of King William in, of England. Treating Cotton Seed Is Problem University Man Discusses Experts' Task FAYETTEVILLB — Cotton, as a. semi-tropical plant, presents special problems in seedling disease control. So Dr. N. D. Pulton of the University of Arkansas' Agricultural Experiment Station told the First Annual Beltwide Cotton Producion Conference in Memphis. Dr. Fulton told the group that any chemical seed treatment is dependent for its effectiveness on proper distribution on the seed. Present methods of application result in a relatively small area around the seed being permeated with the chemical. Therefore the cotton seedling is protected from soilborne disease only so long as it is within this area, or until rain, chemical action in the soil, or other factors neutralize the treatment material. The need for continued research into present methods of applying seed-treating materials was discussed by Dr. Fulton. An approach which shows promise is the application of a fungicide in an aqueous solution or as a dust to the soil around the seed as part of the planting operation. This is aimed at enlarging the protective zone around the young cotton plant. Some work has been done with "pelleting", or applying relatively large amounts of fungicide to cottonseed with a binder to hold the material on the seed. This, too, has as its purpose enlarging the zone of protection around the seed. The possibility of controlling plant diseases by systemic fungicides is receiving more and more attention. Many problems would be solved if the cotton fanner could plant seed covered with a chemical that would protect the seed and also be taken up into the seedling, rendering it resistant to attacK by disease organisms. What is needed is a material relatively harmless to the plant and yet specific in its toxicity to the disease organism. That's Hay DBS MOINES (/Pi—So many visitors to the Veterans. Auditorium, which can seat 15,000 spectators for high school basketball championships finals, say: "I'll bet this building would sure hold a lot of hay" that Manager Horace Strong decided to do something about it. He figured the hay-holding capacity two ways: The answers: Loose hay, 17,440 tons; baled hay, 58.480 tons. Social Security Information Is Available Here Farmers Who may be confronted with problems growing out of the new social security phases of their Federal income tax returns, as well as with other points.in their tax determinations, will get a big assist from the new Farmers' Tax Guide now available at the county agent's office here, it was announced today by Cecil L. Kelly, administrative officer in charge ot the Blytheville office, Internal j Revenue Service. The 64-page booklet was prepared by the national office of the j tax collection agency with the aid of revenue agents in farm areas, the federal extension service of the Department of Agriculture, and the state extension services of the federal land grant colleges. A million copies of the booklet have been published for nationwide I distribution. Advance copies sent j to large national farm organiza- j tions have been highly commended by such groups as the National | Grange, the American Farm Bureau Federation, the Farmers' Union and the National Livestock Tax Committee. In addition to describing in detail the steps to be taken by farm- i ers in all categories in preparing ! their 1955 returns, .the booklet also | provides numerous examples on ] how to do it. ! A "rapid-finder index" is includ-1 ed along with a check list of farm income and expenses. Particular [ problems encountered by many j farmers are clarified under a ser-! ies of spot headings. | The booklet also deals with such | subjects as farm inventories, depreciation, capital gains and losses, casualty losses and thefts, trades, condemnations and diseased livestock, soil and water conservation, and other matters of farm interest. The publication comains considerably more material than is in- { eluded in the information booklet which will accompany 1955 farmers' tax forms, scheduled to go into the mails late in December or early in January. Farmers who have had special problems during! 1955 will be able to plan much of : the calculation required by their returns by using the new guide, revenue officials said. It will enable those who file Jan-! uary 15 estimates to do much of I their computation in advance of actual form preparation. i Farmers desiring the guide: should visit either of the available distribution points or write at once j requesting copies. Supplies of the booklet are available at the District Director's Office, P. O. Box No. 71, Little Rock, Arkansas, to which address mail requests also should be sent. WARNING ORDER IN THE CHANCERY COURT, CIIICKASAWIIA DISTRICT, MISSISSIPPI COUNTY, ARKANSAS John C. Ragsdale, Pltf. vs. No. 13,194 Billie Jo Bean Ragsdale, Dft. The defendant, Billie Jo Bean Ragsdale, is hereby warned to appear within thirty days in the court named in the caption hereof and answer the complaint of the plain- tiff, John C. Ragsdale. Dated this 20th day of December, 1955. SEAL GERALDINE LISTON, Clerk. By DONNA SIMMONS. D. C. Ward & Ward, Attys. for Pltf. Claude F. Cooper, Alty. Ad. Litein. 12 23-30-1/C-13 Good Workman OMAHA Wi—Debbie, daughter ot Mrs. Don Taylor, asked her mother "God made me, didn't He, Mother?" "That's right," said Mrs. Taylor. "Gee, I think He did a nice Job on me," said the three-year-old. Japanese Buffalo TOKYO OT—Buffalo DOOM, n«»- er before found in Japan, have been unearthed at Kansicuml, in northern Honshu, Japan's main iiland. Japanese scientist* estimated tiw bones wore from 10,000 to 50,000 years old. Mount Rainier is the third highest peak in continental United ^ States. Cfofctows Blessings Christmas gives us an opportunity to express our appreciation of your kind friendship and loyal patronage; we extend our thanks to our many friends and patrons and hope that the Christmas Season will be memorable. MERRY CHRISTMAS! From Every One of Us At MISSCO IMPLEMENT CO Blythevillt FARM LOANS Six Star Feature 1. No brokerake fees to pay 2. No stock to purchase 3. An opportunity to establish credit with a large insurance Co. that is and has been for many years a permanent lender in this territory. 4. Long time low interest rate. 5. We pay the appraisal and attorney fees. 8. Quick service, fast closing We close loans before rnos' companies make their im- spections. For Information, See, Call or Write LOGAN FINANCE CO. Lynch Building Blytheville, Ark. Phone 2-203* Exclusive Agent for American United Life Insurance Co. "Alright, so you bought a Caloric Gas Range 'Sooo Reasonable' from BLYTHEVILLE PROPANE CO. Does that prove that you always know a good buy?" fam M Hem Heee/f H'tuay 61 N, ', ^Blutheville.Ark. fKCf GOME IN! SH US FRY ICE CUBES GB THIS AMAZING RAHCE. THEfS SIGH A REGISTRATION CARD . . .. THAT'S All YOU DC! FLORENCE "GOVERNESS" GAS RANGE TO THE LUCKY PERSON ... NO OBLIGATIOH! , v"' ...,:. ' f f „ #~Ai-, ^i*4-*~*<&.-.k~ _- —-a- Amazing Hew On Range Invention * BETTER MEALS GUARANTEED! EVERY MiAL THE WAY YOU WANT IT! eoM7»ouw: TOP BURNEtt OR GRIDMX confrof* fomp«rofur* ,~f infidf-lhe-pan AutomatisaHrl ^> .'''/>/,/"p It III? HI l'^ SPECIAL!! For 'your old range on fjie 'purchase of a New Florence "Governess". Offer good un)il drawing. Trade now. If you win tha free Range we will refund money you tiDVC paid. MAKES EVERYDAY Governess" SO SPECTACULAR IT WAS WRITTEN UP 8Y NATION'S LEADiHG MAGAZINES » totter Homes and * Wamen's Hone * Popular Mechanics > * AjRterkM Home »l«4iK Home Journal * Time • Hying : V**m < • H*n« Beautiful ••'I AMD SCORES OF OTHERS! PLUS THESE fXClUSIVf FLORENCE FEATURES ^/ FLORENCE "Eir-CLEAN" STOSOr ALUMINUM GRIDDLE. *s EASIEST TO KEEP CLEAN . . . PARTS SIMPLY REMOVED FOR DISHPAH SUOStNO. u' FULl TITANIUM PORCELAIN FINISH . . . ACID AND STAIN RESISTANT. V* FLORENCE "MULTMIEAT" BURNERS. .^ ONE-PIECE PORCEIAINEO EIGHT FINGERED DOUBLE CRATES. DOUBLE OVEN CONVENIENCE. HI-SWING OUT SMOKELESS BROILtK. TRIVET AND ROASTING PAH. BOTO SRO1LER-CUE (Oplionoll. BANOUET-SIZE OVEN FOR ALL BAKING NEEDS. HOLDS 30 L«. TURKEY. FLORENCE LARGE ELKTBIC CLOCK ANO TIME REMINDER. • T w - • Easy Terms Avail- 4 able Come in! See us Fry ke Cubes on this Amazing Range. LltEML TCMU. H« KKHWf BOWK. IK AUOWAKCIS 9* OlD MUCK. t*K MWfM. WEIS BUTANE GAS Co. Hiway 61 North Blytheville, Arkansas Phone 3-3301 i

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