Galesburg Register-Mail from Galesburg, Illinois on July 26, 1973 · Page 18
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Galesburg Register-Mail from Galesburg, Illinois · Page 18

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Galesburg, Illinois
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Thursday, July 26, 1973
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Page 18
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18 Galesburfl rUai§tar*Mail t GolesbufQ, Thursday, July 26, 1973 , By tJfiileif Pms International Representatives of the beef intftntty predict a serious, nationwide shortage of beef by ne*t week, white the Agriculture Department says beef prices will surge up seven weeks (rem now. In Texas, in addition to predicting a shortage, beef Food Prices Around U. S. StillOimbing %y.United Press International it was a day of fluctuation in food prices, but the trend in eggs, pork and poultry was clear. A spokesman for the Utah agriculture department put it this way: "Now you can stop eating the eggs you used to eat with the bacon you stopped eating last week." Cattle industry leaders! ; Wednesday warned of a short, age if the freeze on the price of | . - beef is not lifted before the scheduled date of Sept. 12. " Agriculture Secretary Earl Butz, however, said he is more concerned about "panicky buying" due to Phase IV controls. Less Pressure Speaking with reporters in | Dallas, Butz said beef was i singled out to remain under I : price controls because "it was felt (there was much less : pressure under beef prices than under pork prices or chicken ^ prices." _ Asked whether meat produc- ' r ers would hold animals from •the market to wait for higher prices, he said, "The thing I - fear more than holding back ; animals is panicky buying on | Z ithe part of housewives." * Butz said a run on meat by 40 1 ~ million housewives would re~ quire the slaughter of a million ; steers, and "they can dry up • counters fast if you do •" something like that." '.: He said the Phase IV controls ~ were designed to gradually ease an "inflation bubble" * caused by the tight controls j| under Phase niT Explosion Coming : At the cattlemen's meeting in - Chicago, Lamar Hottley, execu- - tive director of the Texas .and ; Southwestern Meat Packers Association, said, "If beef - ceilings had been removed last - week there would have been a ; slight increase. A large increase could have been expected after two weeks, but there | - will be an explosion after Sept , 12." The cattlemen formed a committee to cadi on Butz to seek an immediate end to the 1 freeze. In Washington, a spokesman for the Safeway supermarket chain said the impact of Phase IV may not be seen fully for some time. "If there's a long and involved pipeline—in other words, many middlemen—and if each person gets increases, . then the impact in the grocery ; store takes longer," he said. Impact Immediate The immediate impact was easy to see, with pork chops ranging between $1.89 and $1.95 a pound in some cities, including Boston, where Harold Slaiwsby of Capitol Markets said, "Pork sticks out like a sore ifchumto." Slawsby was selling bacon for $1.75 a pound. The same brand went for $1.45 to $1.49 last week. The Safeway spokesman said | *he cost of produce is dropping. "Almost half of our produce prices went down this week, 16 or 18 items, and some substantially." College To Hold Nurse Ceremony CANTON — Graduation exercises for 37 persons who have completed practical nurses training at Spoon River College, Canton, will be held Aug. 2 at the Wesley United Methodist Church. Harold Huber, dean of the school's vocational * technical education department, will be the main speaker. Awards will be presented to the person with the highest scholastic standing, ideal nurse and outstanding graduate. All of the candidates for graduation have applied to the Illinois Department of Registration and Education for the state j board examination in order to? become licensed practical! nurses. They will take the exam- e Next producers are cutting back their production. All those beef problems stem from Phase IV, said those predicting the problems. Baxter' Freese, president of the Iowa Cattlemen's Association and one of 100 industry leaders attending an emergency meeting of farmers, cattle feeders, meat packers, purveyors and restaurateurs in Chicago, said Wednesday a beef shortage already has hit the Midwest. It will extend to the rest of the nation within a week, he said. Freese blamed the shortage on President Nixon's Phase IV freeze on beef prices. In Washington, the Agrlcul hire Department Wednesday warned consumers to expect an upward surge in beef prices when the ceiling on prices expires Sept. 12. Beef packing plants and slaughterhouses within a 200- mile radius of Afnarillo, Tex., where nearly one-quarter of the nation's beef is slaughtered, according to the Texas and Southwestern Meat Packers Association (TSMA), curtailed production. Some said they may have to close. A UPt survey showed packing plants, both big and small, shut down and cut back by as much as 90 per cent in Dallas, Houston, Brownwood, Amarillo, Alice, Hereford and San Ante* nid. Those who remained open said they were doing so only daily, or weekly, "If beef ceilings had (been removed last week there would have been a slight increase (in prices)," said Lamar Helley, executive director of TSMA. "A by Industry Sources large increase could have been expected after two weeks, but there will be aft explosion after Sept. 12." At the Chicago meeting, the participants formed a committee, headed by AMI President Herrell De Graff, whose object is to seek a meeting with White House representatives and the Treasury to request an to the ceilings [secretary of George Shultz immediate end on beef prices. There has been a 17 per cent 6top in cattle marketed at major livestock markets' the first three days of this week, compared with offerings the first three days of last week. MAIN at SEMINARY CLEARANCE OF MEN'S SUITS AND SPORT COATS OPEN FRIDAY 9:30 A.M. to 9:00 P.M. Save handsomely during this clearance of fine suits from Carsons regular stock. Theso suits are all knits of 100% polyester end suitable for year- round wear, Fashionable patterns and textures as well as solid tones are included at this special clearance price. Regularly t $80 to $110 * Menswear - Main Floor Here Are The Sixes 37 38 39 40 41 42 43 44 46 48 50 Short 1 3 2 1 3 Reg. 2 7 8 9 7 15 6 12 9 3 1 long 3 4 1 10 "6 9 6 3

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