Galesburg Register-Mail from Galesburg, Illinois on July 28, 1973 · Page 7
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Galesburg Register-Mail from Galesburg, Illinois · Page 7

Galesburg, Illinois
Issue Date:
Saturday, July 28, 1973
Page 7
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Markets SQfyfdQy.t_J.M.!y J ,28 # ,. 1973 7 By MATH» CHA2AN0V Unfed fta International Grocers, meat induttry spokeemen , and Agriculture Secretary Earl But* agreed Friday that many item will probably itajait of beef at some data before 9apt« IS, ndtn the price iretie la lifted. At Jaek't Matt Market in New York CKy, owner David Kalter said, "There* Jutt no beef at all. It's rfctailou* 1 can't afford beef anymore and 1 will not pay over the ceiling prices just to keep It in stock. And on top of that, chicken went up another 7 cents today." The Department of Agriculture Friday said ita checks at Chicago and Omaha, Neb., Be Without Beef snowed no sales at all of "earlota" of steers or teitat*. The Agriculture Deptrttnent reported that meat production figures in June, when red meats were covered by price ceilings, were I per cent below a year earlier. A Cincinnati meat retailer, who normally sella 25 sides of beef a week, said he has back orders for ttft sides. "Customers are no longer worried about the price,'' said Ray fteuss of Greenhilis Storage Locker. "They just want a side of beef for their freezer. They're running scared." Ed Killer, manager of i Thorofare supermarket in Pitts burgh, said people were buying meat "like cmy" and the demand was up more than So percent nut acvjiowssqajea tnai some areas may be without beef nett week, and warned that cattle* men sno suppueis may oe making a mistake by withholding animals from sale, eapeciel- if there turns out to be a glut of meat on die rnarket after Sept, H In that case, he eeM in a television interview on the NBC network, suppliers "might end up selling for lower prices." Tlew tip Pence Rows* Over-all prices may rise too, Butz said, "a bit more" in the months ahead, but "1 think farmers will respond and turn on the production. We're urging our ftrmera to futt speed. I want them to produce. I'm urging them to plow up the fence rowe. We're going to have the food next year." David H. Stroud, president of the National Livestock and Asset Mssra, sen inm prices may rise at hajh as If per cent when the freeae la lifted. He predicted beat stiortasjes in the next weea ana auggsaseii mat me reason IM ueer inaustry was singled for « continued price freeae was political. "Beef Is a very popular food," he said, citing the housewives' meat boycott of April. "It occurs, to me the administration may be fearful of something similar happening again, ana Hwretore nas sua, don't worry gang, we're not going to take your beef away from you at these prices.'" Caat Stack Ceattrietarlet The Pentagoli, meanwhile said it Is having trouble buying enough beef to stock Its military cornmJssaries for ear vice famibea, although there ere no nonages in voop mess halls. According to a Minneapolis meat supplier, "We could salt all the meat we wanted to if we had it" Twin Cities hospitals were reported changing menus to reflect the beef shortage. House, Senate Agree on Price Support Plan By BERNARD BRENNER WASHINGTON (UP I) House and Senate negotiators, working on a four-year farm bill, have reached tentative agreement to allow price supports to escalate as farm costs rise. The legislation is built around a new support system in which fanners would get crop subsidies on grains and cotton only if market prices fall below proposed new "target" levels. The administration had threatened to veto the escalation provision. But a Republican member of the House- Senate conference told news­ men Friday he had heard the administration now regards the revised measure as acceptable. Agriculture Secretary Earl L. Butz, approached for his reaction Friday night, had no comment. Under the legislation, 1974 support targets would be set at $2.05 per bushel for wheat, $1.38 a bushel for corn and 38 cents a pound for cotton. In 1975, 1976 and 1977 the targets would be raised under a formula which would push prices up with any gains in farm costs. The conferees also handed cotton growers a major victory by accepting the Senate's COLLEGE STUDENT HOUSING- Persons with furnished apartments or sleeping rooms available in the Galesburg area for college student housing beginning in September, 1973, are requested to call: Curl Sandburg College 343-6101 , Extension 237 ^ version of a provision reducing the ceiling on subsidies for big grain and cotton farmers from the present $55,000 per crop to $30,000 per farmer. This killed a House version which would have prevented big cotton farmers from sidestepping the full impact of the ceiling by leasing or selling their cotton allotments. Retention of this cotton "loophole" drew sharp criticism from Rep. Wiley Mayne, R-Iowa. He charged House Democrats had "caved in to big cotton pressure" despite a heavy House vote in favor of the ban. In an effort to tailor the farm bill as dose to administration demands as possible without giving way on the key four-year escalator issue, the conferees tentatively adopted House terms on support target prices and escalation which were substantially below those set by the Senate. Then, they went a step further and cut in half the increases the House bad approved in minimum support loan rates for wheat and feed grains. Conference committee mem bers indicated they hoped to finish work on the bill today by Kroqe Quantity flight! nttwvea, Price* mtm 1ftfU TU«., July 31 Sorry, No Sale* 16 D**l«f*. THOUSANDS SUNDAY ] OF reaching agreement on three remaining disputes over food stamp provisions. These includ ed a controversial House approved ban on food stamps for most strikers. Cost $1.8 Billion Administration experts ear lier had estimated that the House support terms would cost taxpayers about $1.8 billion in 1974 with the cost rising to about $2.8 billion by 1977—still below the 1973 grain-cotton subsidy estimate of $2.8 billion. See 'Farm'- (Continued on page 11) Railroad Aid Is Example Of 'Lousy 9 Senate System WASHINGTON (UPI) - It was a classic example, said Sen. Harry P. Byrd, D-Va., of the "damn lousy"'way the Senate at times operates. Early Friday, Byrd was faced with a bill mat had zipped through the Senate Commerce Committee and was called up for action on the [floor. , The bill provided an authorization of $210 million to provide ALL FANS Friday, August 3rd, it the last day of our Super - Summer - Saving "Get On The Cable And Join The Fun" promotion. If you've been anxiously awaiting the final week of the promoton to call us — this is your big chance. Because after August 3rd, an installation and two months of service will cost you *26.90 as opposed to $ 5.95 now. Or, you could wait until next years' promotion and have one of your friends fill you in on the 2400 movies you'll miss! Coll Us Before FRIDAY, AUGUST 3rd and get AN INSTALLATION and TWO MONTHS FOR $ 5.95 (OFFfR VOIP IN NON-CAIUD ARIAS) CALL 342-2161 CALESBURC CABLE TV Ml N. HENDERSON ST. essential rail service if the Penh Central or other bankrupt lines cannot carry on. To Byrd, a fiscal conservative, $210 million is a lot of money. So he went to the floor and confronted Sen. Vance Hartke, D-Ind., with a series of questions. Hartke was the sponsor of the bill, the chairman of the subcommittee which cleared it and the flpor manager. What concerned Byrd was whether any of the money was going to be used to pay off the | government guaranteed loans of $125 million to the Penn Central and others. Had Uaeesy Feeling Byrd asked Hartke, "will the $125 million loan guarantee be paid from the $210 million?" "Yes," Hartke repUed. Could not the bill be trimmed to $85 million the amount me (Transportation Department said it needed? Hartke replied "we cannot because they cannot pay off the j $125 million loan and still keep the trains running." Despite an uneasy feeling that Hartke was wrong, Byrd who does not serve on the committee which approved the bill, took Hartke's word and decided against offering an amendment cutting back the authorization to $85 million. Bill Passes Handily The bill passed 59-30. Several hours later, reporters received telephone calls/ Hartke's office called to say wire service stories reporting the $125 million to pay off the loans were wrong. The Penn Central called to say that the first $50 million loan was not due until Jan. 1, 1976 and the second $50 million did not have to be paid off until Jan. 1, 1986. To top it off Hartke sent out a press release which said "the bill does not pay off past government obligations of the Penn Central and other bankrupts, as is currently reported in some quarters." There was no mention that the reports stemmed from Hartke's own words on the Senate floor. And it was too late for Byrd to do anything. Will You Be Miss Labor Day Queen? Of The Slit Anniversary Celebration QUALIFICATION! ARE: (1) Must bo single — Need not be affiliated with labor (2) Age: 17-25 years (3) Contestant must be a permanent resident of Knox or adjoining counties (4) Applications must be postmarked no later than midnight August 24, 1973. Applicants will be judged on the following combinations: Personality, Poise, Appearance (in Street Clothes only) Interview Headquarters Per labor Day QUEEN CONTESTANTS LABOR DAY HEADQUARTERS Room 13 —- Labor Temple Building Phone 3435*72 or 343-0710 Interviews — 7 P.M. to 9 P.M. Thursday, August 23, 1973 I AM INTERESTED IN COMPETING IN GALESBURG TRADES AND LABOR ASSEMBLY 1973 "MISS LABOR DAY CONTEST" NAME - AGE STREET CITY — COUNTY — In Charge of Queen Contest Mrs. Tim Connors 1*73 Robertson Ave. Galesburg, III. 61401 Chairmen Mrt. Richard Elias 1**0 N. Prairie St. Galesburg, III. 61401 Co-Chairman ^; nroiiHT Piiiciis IHETRUWIS IN YOUR TAPE! Comport tte torn- ettttCMtofyoun tin discount toed i ordtr from Kroior » with iny otter

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