Carrol Daily Times Herald from Carroll, Iowa on July 5, 1974 · Page 10
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Carrol Daily Times Herald from Carroll, Iowa · Page 10

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Carroll, Iowa
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Friday, July 5, 1974
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Page 10
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Lower Meat Prices Now., But Bargains Are Not Likely to Continue By LOUISE COOK Associated Press Writer Consumers plotting their shopping strategy will find lower meat prices for the next few weeks, but the bargains aren't likely to last unless the government can find a way of stopping inflation. Anyone tempted to stock up now should remember that hoarding will eventually cut supply and simply drive the price right back up again. Cattlemen recently withheld their beef from market because they weren't getting high enough prices for their livestock. They convinced the federal government to help with a $100-million purchase of beef and pork designed to give livestock producers a short-term shot in the arm and to convince consumers that meat was a good buy right now. Agriculture Secretary Earl L. Butz keeps saying that meat is a good buy. He says Americans can't expect 55-cent-a-pound hamburger anymore. With a prod from the government, the National Association of Food Chains recently urged its members — retail stores — to feature beef and other meats. Advertisements indicate the price is coming down. Administration officials hope that lower prices will encourage consumers to buy. That would bring to market the oversupply of meat that is on ranches and feedlots. Once that meat has been sold, however, prices probably will rise again. The solution is to make it cheaper to produce the cow. That would mean the farmer could charge the packer less; the packer could charge the supermarket less; and the supermarket could charge you less — providing that inflation doesn't boost the cost of things like labor, rent and electricity. In May, inflation was preceding at an annual rate of 13.2 per cent. At the same time, the government marketbasket — the amount it costs a hypothetical family of 3.2 persons for farm-produced food _ W as 19 per cent higher than a year ago. Food prices were up 1.1 per cent in May, although there was a slight decline for meat. Even the government doesn't know for sure what will happen next. Administration experts and private economists agree, however, that it's going to take some time before the up and down pattern of meat prices evens out. The Agriculture Department purchase of meat for school lunches won't have much real effect on the market. Officials say it represents the amount of meat produced in only two or three days. But they hope it will have a psychological effect on the consumer. What does all this mean? Should you go out and fill the freezer full of beef? The best advice seems to be: Buy what you need. But don't stock up with the idea of hoarding a year's supply. That's what happened last year during the freeze on beef prices. Americans, hearing warnings of withholding by cattlemen, bought heavily and the buying created a shortage. The same thing could happen again. , Lower meat prices over the long run — and that means up to two years — depend on lower feed pices. And lower feed prices depend on more grain. The Agriculture Department said last Monday MILE AWHILE ^CASE POWER&EQUIP. YOOlL BE SORRY IF YOU OONV MVESTMATE TME RtPUWTION FOR FlMi SERVICE AT CASE POWER 8. EQUIPMENT FOLLOW; THE CROWD .1 POWER £. EQUIPMENT I #^792-9294 • CARUOLL,9ft<^. Its time to save at Commercial FREE! Federal A sturdy, attractive lighted-dial alarm clock (A) when you deposit S200 or more in a new or existing account OR open a new Transmatic* Automatic Savings account and save just $15 a month! FREE! Choose from three handsome clocks when you deposit $1,000 or more in a new or existing account OR open a new Transmatic Automatic Savings account and save just $50 a month! (B) Sunbeam consolette alarm clock with lighted dial (C) Sunbeam electric pendulum clock (D) Sunbeam "swinging time" lighted dial alarm clock FREE! Choose one of four beautiful clocks when you deposit $5,000 or more in a new or existing account! (E) Sunbeam Cordless decorator clock—the "Vineyard" (F) The "Malibu"—a Sunbeam occasional clock with pendulum (G) The Sunbeam "Legend" cordless "Colonial" wall clock (H) Digital alarm with illuminated face Come in soon! Earn the top rates paid on insured savings and choose a lovely timepiece. (Only one free gift per family Mailed only outside of Douglas and Sarpy Counties. Nebraska, and Pottawattamie County. Iowa ) We pay higher interest on insured savings than any bank. ANY bank! Federal Savings and Loan Association Assets over $500,000,000 HOME OFFICE, 45th AND DODGE, OMAHA 68132 • PHONE [402! 558-5400 that there will be record corn ' ' rising demand around the and wheat harvests this year, I'™ es H * r f lc *' Carroll, la. . — world has meant a better but they said the crops won't ,."*"*' July 5> 1974 ' w market for U.S. farm exports 13 Hospital Nursing Home Projects Ok'd By Harrison Weber (Iowa Daily Press Association) DES MOINES — The state health facilities construction review committee has approved 13 hospital and nursing home building projects and has rejected two. Approval means the projects are eligible for federal reimbursement under the Social Security Act on the portion of the daily patient cost attributable to capital investment. The committee, in action taken last week, turned down proposed additions to nursing homes at Kanawha and Mount Pleasant. Frank Fair, director of comprehensive health planning for the state office of planning and programming, said the projects were rejected because construction already has been approved for more nursing home beds in the two areas, 100 at Kanawha and 150 beds at Mount Pleasant. The construction review committee wants to see what impact these new beds will have on conditions before approving any more construction in the two areas, Fair said. The Kanawha Community Home had proposed a 20-bed addition to its existing 44-bed home with the estimated cost of the addition pegged at $176,000. Pleasant Manor Care Center in Mount Pleasant had sought approval to spend $355,000 on a 50-bed addition to its existing 50-bed home. Projects approved included: Fifty-bed addition to the Good Samaritan Nursing Center at Waukon to replace 16 beds for a total of 110 beds; estimated cost, $485,000. A one story addition to house laboratory, physical therapy and patient examination rooms at the Hancock County Memorial Hospital at Britt; estimated cost, $114,224. Fifty-bed addition to Crestr idge, Inc., at Maquoketa, to existing 50 bed home; estimated cost, $450,000. Twenty-four bed addition to Anamosa Care Center at Anamosa, which presently has 50 beds; estimated cost, $166,000. Replacing 68-bed Delaware County Memorial Hospital with 58 bed facility; estimated cost, $2,375,000. Approval granted on condition hospital can obtain necessary Hill-Burton funds. Twenty-one bed addition to English Valley Nursing Care Center at North English which has 45 beds at present; estimated cost, $148,600. Comprehensive alcoholism treatment program at Broadlawns Polk County Hospital at Des Moines; estimated cost, $220,000. A new 62 bed Polk City Manor Care Center at Polk City; estimated cost, $560,000. A 41-bed addition to the Friendship Home at Audubon which presently has 41 beds; estimated cost, $420,000. A 32-bed addition to existing 117 bed West Heights Manor at Clarinda; estimated cost, $207,700. A 37,400 square feet medical office building to Mercy Hospital at Council Bluffs; estimated cost, $1,457,000. A 42-bed addition to existing 52 bed Glen Haven Home at Glenwood; estimated cost, $305,000. A new 62-bed nursing home at New Sharon, the New Sharon Manor Care Center; estimated cost, $560,000. Ramsey Family Holds Picnic MANNING - Mr. and Mrs. Arlo Hodne and Mr. and Mrs. John Ramsey were in charge of arrangements for the Ramsey cousins picnic June 30 at the Arlo Hodne Cottage at Lake View. Relatives attending were: Mr. and Mrs. Dennis Ramsey and family; Mr. and Mrs.' Leonard Ramsey and family of Coon Rapids; Mr. and Mrs. Jim Drees, Mr. and Mrs. Jack Ramsey Jr., LaRue Hodne and Charles Ramsey of Omaha; Mr. and Mrs. Bob Laverty of Fort Dodge, Mr. and Mrs. Ronald Hodne and family, Mr. and Mrs. Gene McCollum; Mr. and Mrs. Jack Laker and Mr. and Mrs. Steve McCollum of Harlan, and Mrs. Bruce Phiffer of Pennsylvania. Members of the Terrace Apartment Club held a cookout on June 24. Mrs. Cook, Amanda Pfoltner and Nell Keat were guests. Following the cookout, the group played cards. Members of the Friendly Hour Club hosted a birthday party at the Manning City Park for Lucille Campbell and Gladys Ramsey. There were 20 members and five guests present. Norma Taggart and Mary Ann Renze were in charge of this event for Side No. 2. Mary Ann Renze and Rose Ann Nulle were in charge of entertainment, with the group playing bunco. Winners were Mercedes Bowers, high; Gladys Ramsey, low; and Mary Souter, the most threes. Lunch was served featuring a birthday cake at the close of the afternoon. ON DEAN'S LIST Maria Mueller, daughter of Mr. and Mrs. G. W. Mueller of Carroll, has been named to the dean's list at Centenary College, Shreveport, La. To be eligible for the honor, a student must achieve a 3.5 semester grade point average out of a possible 4.0. Miss Mueller is a member of the Chi Omega sorority. be as big as had been predicted. There were record corn and grain harvests last year, too. Why, then, is the price of feed grains soaring? Exports are one reason. In the wake of the Russian wheat deal in the summer of California Pair Entertained By Mrs. Nutzman WALL LAKE - Monday guests of Mrs. Otto Nutzman were Mrs. Otto Wagner and Mr. and Mrs. William Harkenbush of Riverside, Calif. Mrs. Pat Shields, Mrs. Paul Vogel and Mrs. Elmer Ogren hosted a miscellaneous shower Friday evening in the Ogren home in honor of Verna Rosner. Guests present were neighbors of the honoree. Miss Rosner and her mother, Mrs. •Ed Baumhover, were presented with corsages. .Games were played and lunch was served with the colors of the bride-to-be, yellow, green and white, carried out in decorations. Mrs. Otto Nutzman returned home last Wednesday after visiting in the Maurice Johnson home at Okoboji in company with the Rev. and Mrs. LaVern Nutzman and James of Michigan. The Nutzmans picked up Mrs. Nutzman's father, Charles Mullin in Pawnee, 111. and took him back to Michigan where he will make his home with them. 1972, the price of grain doubled in a year. Farmers who had sold their wheat for about $1.50 a bushel before the Russian deal was announced were angry. They felt they had been cheated. Last year and this year, they are holding on to the grain until they are sure they can get the highest possible price. Grain dealers in Texas, Oklahoma and Kansas say that farmers have sold only 10 to 20 per cent of the harvest so far this year, compared to 50 or 60 per cent in a normal year. On June 18, the wheat was selling for $3.99 a bushel and it has been going up fairly steadily since then. American cattlemen aren't the only ones competing for the wheat and corn. Steadily and higher prices at home. The Nixon administration wants to continue exporting farm p roducts. The government sees exports as a way to freer world trade and reduced tariffs. It also sees the exports as a way to create a favorable balance of trade — getting more money for U.S. products than Americans spend for foreign goods. North American eating habits account for the consumption of about a ton of grain a year per capita. One hundred fifty pounds of that is eaten as grain products; the rest is fed to cattle and indirectly consumed in meat. In the poorer countries, each person consumes about 400 pounds of grain a year — most of it directly. As the poorer countries get richer, however, their people want better food — more meat, less rice. The demand increases again. Experts who study worldwide trends in food and population say Americans are simply going to have to change their way of living and get used to eating less beef if the world is to have enough food. They noted that Americans have doubled their beef consumption in 20 years. What's ahead? A lot of "ifs." If the record U.S. grain harvests materialize, and if crops in the rest of the world are good, cutting the demand for U.S. foodstuffs, and if we don't have another fuel crisis and if inflation slows down, retail prices could come down again around the end of the year. But it adds up to keeping a careful eye on the budget, looking for specials and developing a taste for casseroles. You Don't Have To Fight The Crowd Or Stand In Line Just come in, sit down, and you'll be waited on. We have lots of room and no long waits. Big family portions at reasonable prices are waiting for you. PARTY RESERVATIONS — DIAL 792-9123 Jet. Hwy. 71 &30 Carroll ....<*_ "A SIMPLE PICTURE!" "But it clearly illustrates an easy way for you cow- calf men to make EXTRA PROFITS! --All you need to add to this creep-feeding picture is PURINA CREEP CHOW! Creep-feeding pays BIG returns! Creep Chow makes the job easy. — And our Purina WE HAVE "PAX" CALF CREEP FEEDERS IN STOCK! Let us show you how to DOUBLE your calf returns by creep-feeding! Stop in and ask for all the facts on Purina Creep Program, NOW! our LET US HELP YOU WHIP THOSE FLIES! We have a great selection of BAITS, SPRAYS & DUSTS THAT KILL FLIES EFFECTIVELY anywhere you have a problem! STOP IN AND STOCK UP! SAVE by* your pet You can buying foods from us! YOU NAME IT- WE HAVE A FEED FOR IT. JUERGENS PRODUCE & FEED CO. Your COMPLETE Farm Service Center - Ph. 792-3506

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