Galesburg Register-Mail from Galesburg, Illinois on June 16, 1973 · Page 20
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Galesburg Register-Mail from Galesburg, Illinois · Page 20

Galesburg, Illinois
Issue Date:
Saturday, June 16, 1973
Page 20
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10 jSojesburflJfte&istefrMqf l ; Gdiesburg^ 111, Saturday, June 16, 1973 Congress in Favor of Limiting Subsidies to Farmers By GEM SftRNHAJiDT WASHINGTON (UPI) - Both houses of Congress are now on ffeeofd in favor of limiting farm Subsidies paid to cotton, wheat and feed grain growers to $20,000 per person rather than the present $55,000 ceiling per crop. House action Friday on the anti-subsidy provision all but made certain the lower and more restrictive ceiling would finally pass Congress in the wake of similar action by the Senate a week ago. The House voted 195-157 in favor of the lower ceiling as proposed by Rep. Paul Findley, R-Ill. His proposal went a step farther than the Senate action by including leased cotton acreage in the ceiling. Tht House provision would last only through June 30, 1974, the life of the $9.4 billion appropriations' bill to which the subsidy ceiling was added. The money measure, carrying funds for the 1974 fiscal year that starts July 1 for farm, environmental and consumer protection programs, passed the House on a final 304-3 roll call vote and was sent to the Senate. The Senate approved a week ago, as part of a five-year farm program bill, a $20,000 per person .ceiling but it failed to win, approval of 'the leasing provision, which Findley described" as a major "loophole" in present law since large farm owners lease out acreage to family members, relatives and friends in order to collect the $55,000 subsidy in several areas. In a second anti-subsidy vote, ,the House deleted $10 million for Cotton, Inc., a quasi-public corporation which promotes the sale of cotton goods. The firm is basically financed by assessing growers $1 per bale of cotton they sell but in 1970 Congress authorized subsidies of up to $10 million a year. Other major changes made in the over-all bid by the House included: —•Deletion of funds for the Office of Consumer Affairs and for the National Industrial Pollution Control Council. —Deleted $200,000 for a study of a provision in present law that prevents continued use of pesticides and insecticides where it is shown they may be harmful to humans, —Increased the $20 million proposed in the bill for rura industrial development loans to $100 million and the $10 million for rural community facilities loans to $50 million. Market Reports Today Chicago Grain Rang* ' CHICAGO (UPI) -Wheat was substantially Ihigiher, corn and oats substantiallly lower and soybeans mixed this week on the Board of Trade. Wheat was up %Vz to 7 cents; corn off 6 to 10; oats off l l k to 11; and soybeans off 34 to up 31. Daw JdHii Av«ragts Open High Low Close 30Ind 020.00 935.68 882.60 888.55 20 Tran 182.2ft 170.03 160.40 162.88 15 Ufcil 107.49108.90 105.48 106.12 65 StkS 281.13 287.33 272.85 274,78 Net changes: Industrials off 31.45; transportations up 0.47; utilities off 1.21; stocks off 6.31. Stock Market Issues Drop In Phase 3V2 By LEE MITGANG UPI Business Writer NEW YORK (UPI) — A half- point, one way or the other, usually doesn't mean much on Wall Street. But this week investors looking for Phase IV from President Nixon Wednesday night had to settle for Phase IUV2, and stocks tumbled in light trading on the New York Stock Exchange. Week on Wall Street Local Youth Elected FFA Section Head The Dow Jones industrial average fell 31.45 points, more than wiping out the previous week's 26.04 advance which had fceen fueled largely by antic! pation of a return to tough wage - price controls. Standard & Poor's 50O stock index dropped 1.93. The NYSE index declined 0.93 to 55.36. Declines led advances this week, 992 to 704, among 1,945 issues traded. On Sidelines Investors stayed on the sidelines, and volume dropped to 64,666,515 shares compared with 66,615,440 shares the week before, and 77,379,070 shares the previous year. High hopes for strong, long term, wage - price controls, which had boosted stocks the week before, carried over, although trading was restrained. After the close Friday, June 8 the Federal Reserve had announced an unusually large %point increase in its discount rate, the interest it charges on loans to member banks. Some analysts said the rise was a calculated move by Chairman Arthur Burns to spur President Nixon into taking an active role against inflation. Strong Rally On Tuesday, stocks staged a strong rally, although on light volume, after White House sources hinted President Nixon soon would address the nation on television to unveil a new economic game plan. At that time, observers predicted mandatory, selective controls, some of which probably would be aimed at cooling the sharp price rises in heavy industry. Word came during Wednesday's session the President would present that night his new strategy to beat inflation and many traders sold to nail down their profits. The two sessions following President Nixon's television address—in which he ordered a price freeze of up to 60 days on all consumer products and services, to be followed by an as yet unspecified Phase IV system of economic controls- were filled with disappointment, question marks, and stock declines. A Galesburg High School student, Dan Hennenifent, was elected' president June 13 ofl Section 4 Future Farmers ol America at the state FFA convention in Champaign. Henroentferit will take over the office, formerly occupied! by ^another Gaitesburg FFA student, Dave Steck. Other Section 4 officers elected at the convention include Bruce Litchfieild, Knoxville Chapter, vice-president; Jim Oahifl, ROVA Chapter, secretary; Marty O'Connor, Galesburg Chapter, treasurer; Dave Rylander, ROVA Chap-* ter, reporter, and Bob Allen, Union Chapter, sentinel. Section 4 includies FFA chapters from Knox, Warren, Henderson and Mercer counties and involves about 600 FFA members. Advisor for the section officers is John Connor, agricultural instructor at Galesburg High School -and ifaoulty advisor for this FFA chapter there. ALSO DURING the convention, Mike Larson, Monmouth, a member of the Warren FFA Chapter, was awarded the Star Agribusinessman Award, one of the two highest in the state. Larson, 18, is the son of Mr. and Mrs. Wendell Larson, of near Monmouth. He is participating in a management training program at a retail grocery firm where he began several years-ago as a carryout boy. He later advanced ta head grocery clerk. During his tenure with the FFA, Larson served as chapter reporter and public relations chairman. Both the Galesburg and Warren chapters received the Gold Emblem award. Only 13 of 420 FFA chapters in the state received the award, which is based on each chapter's program of activities during the past year. Agriculture Trade Attaches Must Boost Language Skill WASHINGTON (UPI) - The the language Officials told the Agriculture Department's trade attaches at U.S. embassies around the world are "greatly lacking" in ability to speak the languages of the countries they're stationed in, a H6use report complains. On The Farm Front Senate - (Continued From Page 11) we're going to be seeing you again before too long." The committee also tacked on a $30 million amendment to a $9 million budget bill for the state division of waterways despite a charge by division chief John Guilliu the increase "goes beyond the point of credibility." Guillou said his agency could not do enough work to spend the entire $39 million — most of which is funding for "pork barrel" projects passed by the Senate earlier this session. The panel also passed a $78.6 million budget for the Department of Children and Family Services, but delayed action on several controversial amendments to the measure. Gold Emblem Aivard Bob Nelson, center, vice president of the Galesburg Future Farmers of America, receives a plaque representing the Gold Emblem Award presented to the Galesburg Chapter this week in Springfield. At right is Jim Winningham of the Illinois Bankers Assn. At left is John Connor, advisor to the Galesburg Chapter. The Galesburg FFA group was one of 13 chapters across the state, including the Warren County Chapter, to receive the award. Breunan Predicts Labor Support ST. LOUIS (UPI) -Labor Secretary Peter J. Brennan said Friday that the latest economic action taken by President Richard M. Nixon to stop inflation will have the support of labor because there is no freeze on wages. Speaking at a news conference, Brennan said all wage and price controls could be dropped after the current 60- day freeze on prices announced Wednesday night by Nixon has expired. Brennan said he had recommended to the President that wages not be frozen in the current controls because higher wages had not contributed to current inflation. "As the President acknowledged," Brennan said, "labor's wages have not been responsible for the infla- HUCE CLUB BACKYARD SALE 696 Arnold Street FRIDAY—5 Jo 9 SATURDAY—9 to ? LOTS OF EVERYTHING tionary spiral, and labor has been cooperating in Phase III very well." Brennan said the new price freeze could help stop the onslaught overseas on the American dollar. "Games are being played with the dollar by some of our so-called friends, abroad," he said. "I think the freeze will solidify the dollar's position." Emission Control Clinics Are Set Carl Sandburg College will J conduct an auto emission con-; trol clinic for mechanics and service managers Monday and Tuesday. Both clinic meetings, offered at no charge, will be held at Sandburg's automotive department, 1611 Grand Ave., from 6:30-9:30 p.m. Each participant will receive an emission control manual free. Registration will limited to 24. Persons may reserve space by calling 343-6101, a spokesman said. PATIO SALE — Mon.. Juno 18, 9-?. Shady Oak*. Lake Bracken (7 mi. South on Farnham). Childrens & men's clothing, ladies clothing sz. 7-9, 35mm camera and light meter, steam hair setter, wigs, 15 horse Gale outboard motor, racing wheel & automatic control unit, purses, jewelry, antiques. Not responsible for accidents. DOUBLE BACKYARD SALE 534-540 Lombard St. FRIDAY - SATURDAY SUNDAY - MONDAY 1 Family Moving Out of State so Have Loads at Goodies Air conditioner, refrigerator like new $65.00, stove, fan, plants, pictures, loads of good clean children and adults clothing and lots of misc. items. WANTED TO RENT TWO BEDROOM APARTMENT By Retired Couple NO PETS . Best of References Possession by July 15 Write Box No. 892 GALESBURG REGISTER-MAIL As a result, the agency has been instructed bluntly to begin immediately to train its overseas agents in a better command of the languages spoken by potential foreign customers for U.S. farm products, including Russian and Japanese. The orders were included in a report by the House Appropriations Committee accompanying the annual agriculture appropriations bill. Such reports, though they technically do not have the force of law, are usually accepted and complied with by government officials. The Appropriations Committee said a summary furnished by the Agriculture Department's Foreign Agricultural Service showed, that of two attaches in Russia, one spoke no Russian at all and the second had only a slight command of committee that until recently, the time and cost required to train attaches in "hard languages" like Russian and Jap anese had not appeared justified. A breakdown furnished by the FAS showed that of 56 attaches in foreign-language posts, only a handful spoke the language well enough to meet all normal business needs. For Sale Acreage BEST BUY On Black Top just South from Altona • 8 Acre tract has utilities at S12.000 • 3 Bedroom Ranch —Carpeted, 2 car garage & basement, (2 baths, many extras on 2 acres landscaped and fenced. $30,000 • 3 Bedroom Tri-Level — Carpeted • lg. beautiful family room, central air, garage & basement, patio, will sell for S32.500. Contract available. Call 484-5993 for Appt. Leo Hager Broker, Auctioneer, Appraiser LANDSCAPE GRAVEL STEEL LANDSCAPE EDGING GALESBURG Builders Supply Co 600 E. MAIN STREET Phone 342-4155 Galesburg Livestock Sales Inc. East Fremont Road — 34M416 Bonded For Your Protection Sale Every Tuesday, TUESDAY, JUNE 19, 1973 10 Hereford cows and Charolais calves 10 Angus cows with black calves 22 Holstein steers, av. 350 20 Angus heifers, av. 450 35 White faced steers, av. 675 54 Angus steers, av. 750 1 Poled Hereford bull 2 Registered Angus bulls 2 Registered Charolais bulls , 150 Mixed cattle 'to be sold in small lots ' 200 Mixed pigs Last Tuesday Fat Steer top $47.80 Heifer Top $47.10 ... Butcher Cows $30-$35 Cows and Calves $450-$480 per pair Steer Calves $60-$69 Heifer Calves $55-$60 Yearling Steers $50-$55 Yearling Heifers $43-$50 WESTERN CATTLE ON HAND 175 Hereford Steers, av. 600-650 150 Angus and Bl W/Faced steers, av. 600-650 25 Angus cows and calves 45 Hereford cows and calves Reg. Sole 7:00 P.M. Fat Cattle 9:00 A.M. MORE CATTLE & HOGS BY SALE TIME Feeder Cattle for Private Sale Daily Up Until Sale Time REPRESENTATIVES: John Walters Martin M. Swanson Richard Anderson William Reynolds Robert Lindsey, Tom Kilcoin and Carl Steck — Auctioneers PRODUCTION FOREMAN • Direct the Work of Production Employees. • Responsible for Production, Quality, Safety, Training, Record Keeping, Plant Keeping and Employee Relations In the Department. • Excellent Starting Salary and Fringe Benefits. • Permanent Position With Expanding Company. • Opportunity for Advancement. • Night Shift Assignment. THE GATES RUBBER CO. "AN EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER," HOT SHOT SPECIALS SAT. NIGHT & TILL NOON SUN. CLOSE OUT PRICES ON ROSE BUSHES FLOWER PLANTS THIS PORT/ON TO BE RETURNED TO DEPARTMENT OP THE TREASURY OFFICE OF REVENUE SHARING 1900 PENNSYLVANIA AVE. N.W. WASHINGTON. D.C. 20225 IK) (—] EXECUTIVE-PROPOSAL. Check this block if this plan is based on I—I an executive proposal (L) DEBT How will tha availability of revenue sharing funds affect the borrowing requirements of your jurisdiction? FOR SALE JUST NORTH OF ALTONA ON RT, 3* 2 ACRES with modern .') bednn. 2 story frame home. Has basement, garage & workshop. Will sell at $20,000, Will Show By Appointment LEO F. HAGER ALTONA 484-5993 FRESH CRISP HEAD LETTUCE Lynburd Heating Service 342-4443 Furnace Cleaning Truck Power Vacuum Formerly Gulfway FRONT ROOM AND HALL SALE 140 Blaine Ave. SAT.—4 p.m. - 8 p.m. SUN.—I p.m. - 5 p.m. Lots of extra nice ladies clothes, pair of end tables, Miiull soi"a. No dishes or Jjict naw. OLD CUSHMAN GOLF CART New engine, new battery, runs perfect. $400.00 or best offer HARRY A. NELSON Rio — Ph. 872-2286 Moving to Arizona ROTO-RQOTIR FOR CJOGOfO Don't Dig Up Your Sewer No Charge If We Fail Call 343-6913 — or Phone 342-6430 GUARANTEED WORK 29c Ea. JIMMY DEAN SAUSAGE Lb. 89c R. C. Cola 8 St. 59c plus Dep. WILSON THRIFT BACON 69c Lb. TRADING POST Super Mkt. 1515 E, MAIN ST. FOR SALE '68 Dodge Charger 343 - 7461 WANTED l'.i acres of plowed ground to plant 2000 sweet potato plants, 500 California Wonder Sweet Mango Peppers, 750 Banana Semi Hot Peppers, 750 Big Boy Tomatoes. These plants are all transplanted and have very good roots. Will start off good in this liot weather, will help plant uid cultivate on ,i 50-50 share lia.-is. All plants furnished "Call 342-6322 Before 7:30 a.m. or Alter 9:30 In Evening BACKYARD SALES Garage, Patio, Driveway, Basement, Front Room, Private Household Sales and all other sales of this type must be in our office by noon the day before ad is to be published. GALESBURG REGISTER-MAIL DISPLAY ADV. — Phone 343-7181 AVOID DEBTINCREASE L-ESSEN DEBT INCREASE X NO EFFECT TOO SOON TO PREDICT EFFECT THEsGOVEHNMENTOl* GALESBURG CITY TOWNSHIP PLANS TO>EXPEND, rrS *REVENOE «HAWMGUUOCATlOII FORTHE ENTITLEMENT PERIOD BEGINNING JAN. 1, 1973 and ending JUNE 30, 1973 IN THE FOLLOWING MANNER '8ASE04JP0N<AN ESTIMATED TOTAL OF $31,389 (M) TAXES In which of the following manners is it expected that the availability of Revenue Sharing Funds will affect the tax levels of your jurisdiction? Check as many as apply. WILL*ENA8LE REDUCING RATE OF A MAJOR TAX. • | J WILL PREVENT INCREASE IN WILL REDUCE AMOUNT OF RATE INCREASE OFA MAJOR TAX. I RATE OF A MAJOR TAX • WILL A NE' PREVENT ENACTING EW MAJOR TAX • |~X] NO EFFECT ON TAX LEVELS | | TOO SOON TO PREDICT EFFECT OPERATING/MAINTENANCE EXPENDITURES 14 3 048 891 Galesburg City Township Supervisor Knox County 63 Simmons Galesburg,III. 61401 SIGNAIUfl£Of CrtlEF EXECUTIVE Off iCEfl Richard M. Burgland, Supervisor NAME U Tint - fUASs PHINT June 19, 1973 DATTFIJTU5M£0 Galesburg Register-Mail NAM £ Of r<c/>'S?A< > iA

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