Garden City Telegram from Garden City, Kansas on November 10, 1977 · Page 9
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Garden City Telegram from Garden City, Kansas · Page 9

Garden City, Kansas
Issue Date:
Thursday, November 10, 1977
Page 9
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Garden City Telegram TliurNclay. November 10, 1977 Page 9 Sugar Prices to Climb About 3 Cents Per Pound WASHINGTON (AP) — Sugar nrices are expected to rise ,by pore than 3 cents a pound by the end of the year because^ of government moves to give producers higher prices for their product. The ' current national average of 21.68 cents a pound for refined sugar in grocery stores probably will reach 25 cents, government economists said. But the price to consumers still will be less than half the 1974 level. President Carter was expected to sign today the papers imposing a fee of 3.3 cents a pound on foreign sugar* and increasing the import duty by nine-tenths of a cent, to 2.81 cents a pound. Sugar importers who anticipated the actions and bought early could get extra profits of up to a nickel a pound. The Agriculture Department pegged the total extra importers' profits at as much as $84 million, but industry sources say it will be closer to $100 million. Americans consume about 11 million tons of sugar a year, about half of it from the sugar cane and sugar beet fields of this country. Consumers turned away from sugar to some degree in 1974 when a shortage escalated foreign prices to 57.3 cents a pound, the domestic price to growers to 65 cents and the retail price to almost 60 cents, or $2.99 for a 5-pound bag of refined sugar. With prices at that high level, Congress ended its 40- year-old price support program for sugar. But in 1975 and 1976, sugar producers around the world accumulated surpluses from good crops. With demand dropping and a surplus available, prices dropped. Foreign sugar could be bought Tuesday for about 7.1 cents a pound. Shipping costs and the current duties bring the price close to the domestic price of not quite 11 cents on Tuesday. President Gerald R. Ford tripled import duties in 1976 in response to producers' pleas of hardship, but their financial situation continued to decline. Moves began in Congress in February to shore up the price by renewing the support pro- gram. Farm legislation Carter signed in late September required a program to assure a return of 14.24 cents a pound for refined beet sugar and 13.5 cents for raw cane sugar. Since the market price could not otherwise be held at those levels without the government buying up sugar supplies, the decision was made to raise the price of the imports, officials said. If the fees don't keep domestic prices high enough, said Deputy Agriculture Secretary Brazil, Australia and the leading exporters to tne John White, "that's when we'll _Dominican Republic are the United States. have to think about quotas." Carter has said he opposes export restrictions on other countries because of the damage they do to developing economies. The Philippines, LIVE EVERY NITE GRAIN BIN "TALISMEN" 9:00 to 1:00 We are a Professional Company looking for a Professional Person to offer an excellent insurance bales and service career oppor- tunity For more information please call 316-275-7328, Garden City Office. Dole Urges Funds For GC School Sen. Bob Dole (R-Kan.) Tuesday urged Secretary of Health, Education and Welfare Joseph Califano to approve an application of Unified School District 457 for federal funds to cover the coslfe of constructing the new Garfield Elementary School. The school was destroyed by fire set by three juveniles Feb. 24, 1975. It was rebuilt at the same location in 1976, financed through a capital outlay levy. ''The cost of replacing Garfield School was a sizeable financial burden to the taxpayers in the Garden City arjja," Dole said in a letter to Califano. 'tit is a tribute to the School District's dedication to its pupils that a new school was constructed quickly so that the educational process for elementary school students in the; Garfield area would not be disrupted," he said. "I hope that you will do everything possible to expedite consideration of the school district's application for federal funds. I'm sure that the people of Finney Covinty within USD 457 will appreciate your assistance in this matter," the letter read. Dole said he is hopeful that the district's application for federal funds will be granted under the so-called "Pinpoint Disaster" assistance program. Garden City is seeking $197,574 in federal funding. Monday, the board of education approved applying for the funds. District administrators said the application was a long shot, however. The first hurdle to approval, they said, was to prove that the fire was not set maliciously. Abandon Plans For Hutch Center HUTCHINSON, Kan. (AP) — State officials have abandoned plans to locate a communitybased corrections center in Hutchinson, a spokesman said Wednesday. Leo Taylor, assistant secretary of the Kansas Department of Corrections, revealed the decision but said formal announcment and explanation of the move would come today in Topeka. Officials last month disclosed plans to place the center, to house about 100 inmates from Reno and surrounding counties, at the former Grace Hospital School of Nursing in downtown Hutchinson. TIME TO HARVEST THESE GREAT VALUES! GIANT CARP CLOSEOUT ON IN-STOCK CARPETS ONLY! Save 30% to 50% GARDEN CITY AREA PRIVATE CLUBS Entertainment Schedule Saturday, November 12 For Members .. Guests Only AMERICAN LEGION Fri... Sat. MUSIC MACHINE EAGLES LODGE Sat.—THE FUGITIVES Grain Bin Supper dub LIVE ENTERTAINMENT 6 NIGHTS A WEEK! TALISMEN" Credit Cards Accepted No Cover Charge CORRAL CLUB Every Wed. — CONTINENTALS ] Fri. & Sat.—GEORGE KENT & JENA ST. JON !i Kitchen Now Open THE ELKS Dining Room Open Thurs.—Mexican Food Fri.—Sea-food Specials Sat.—JS& THE BACKS MINI CLUB 'Hours: Thurs. & Sat. 5-3; Tues. Wed. Fri & Sun. 5-12 Thurs-Long Tall Texan's MUSIC MACHINE I; Thiirs.—Tricycle Race Juke Box Dancing Kitchen Open 6:00-1:OOW. Highway 50 Sat.—LOLA & THE COUNTRY 5 WITCHES ft BREW Every Wed., Fri., Sat. Nile DISCO No Cover Charge. MOOSE Sat.—JACK PEPPER Sun.—Work Day Happy Hour Daily 5:30 -6:30 7/16" Carpet Pad $|25 Sq. Yd.. 9/16" Carpet Pad $^45 Sq.Yd. Carpets By Namebrand Carpet Mills Sq.Yd. q.Yd. 1 Sq.Yd. Sq.Yd. Northridge —6.66^ Shooting Star—6.66 Misty Night—7.77 *. Time-Out—7.77^ Custom Aire—7.77 *. Tampa-Bay—6.66 sq Pebble Creek—4.88 Lifestyles—4.88 Granda—4.88^ Granda—4.88^ Regency—7.77 sq Intaglio—5.55^ American Graphics—6.66 *. Deep Springs—5.55 Aquaduct—4.88 Aquaduct —4.8 GARDEN BELLE LUMBER INC 2 Blocks South of 4th & Fulton 102 S. 4th Street 276-7616 Store Houn: 7:30 -530 Mm - Fri 7:30 - 12:00 Sat Sq.Yd. Sq.Yd. 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