Galesburg Register-Mail from Galesburg, Illinois on July 31, 1973 · Page 13
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Galesburg Register-Mail from Galesburg, Illinois · Page 13

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Galesburg, Illinois
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Tuesday, July 31, 1973
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Page 13
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Qalesburg Register-Mail GALESBURG, ILL., TUBS., JULY 31, i9?3 SEC. 2 PAGE 13 WASHINGTON (UP!) -Ail Agriculture Department report shows that average prices for all raw farm products remained unchanged in the tnonth ending July 15—the period before the start of- Phase IV economic controls. Soybean Drop The report said a sharp drop in the price of soybeans, a key raw material in producing livestock and poultry, offset higher prices for hogs, potatoes, milk, broiled chickens and corn. This left the farm, price index steady at the record level of June 15. Over-ay, however, average farm prices July 15 were 35 per cent above a year ago. Beef prices hit a record $44.20 per hundredweight, up 40 cents from last year's records. Hog prices jumped to $41 per hundredweight, up $3.80 from June and $2.70 above the record set last March. Corn Prices Corn prices rose 4 cents per bushel to $2.03, breaking the $2 ABOVE ALL MAKE IT WHITE'S ROOFING 342-0185 Steady i mark for the first time since mid4946\ Wheat prices moved up from $2.43 a bushel in June to $2.47 in mid-July, compared With $1.32 a year ago. Soybean prices, however, dropped from last month*s record $10 a bushel to $6.69. Officials attributed this to a temporary limit on exports of soybeans and some related high [protein livestock feeds. Garcia Drug Charge Dropped MOUNT:HOLLY, N.J. (UPI) • Jerry Garcia, lead guitarist of the Grateful Dead rock group, was given a conditional dismissal of drug possession charges Monday at a New Jersey county court. TJie 30-year-old rock sttar was charged with possession of more than 25 grams of marijuana and cocaine after he was arrested Marrfi 27 by state police for speeding on the New Jergey turnpike. The judge said if Garcia stayed out of trouble far a year the charge would be dropped. Garcia flew to the hearing in a helicopter from Watkins Glen, N.Y., where his group played during the pop festival last weekend. Election Reform! WASHINGTON (UPI) - The Senate lias adopted the most faftfeatiiing reforms of political campaigning in Hie nation's history but Sen. Howard H. Baker Jr., vice chairman of the Senate Watergate Committee, said "there is more to come." Baker, who voted "present" When the reform package was approved 82-8 Monday, told the Senate the Watergate committee will make "substantial recommendations" by next February when it completes the inquiry. "I will offer legislation that will have a much more sweeping effect," Baker added. "I intend to go much further than this bill goes." Baker, a Tennessee Republican, added that voting "present" was "my way of showing there is more to come part proposal on ca reforms. , The Senate bill would impose almost penny-pindiing ceilings on spending by candidates and outlaw "fat oat" contributions tc political campaigns. ^ The bill would create a sefen* memiber independent Federal Elections Commission' With powers to go to court agimst violators who face" criminal penalties that range 'up to 10 years in prison and $25,000, in fines. The bill places a ceiling- of $3,000 on contributions to A candidate—>a possible total- of $9,000 if there are primaries, runoffs, and a general election I— and an over-all ceiling; of $25,000 to all candidates by* art individual in a single year. Sicily's second-largest city, Catania, stands on nine layers ancient lava from Mount Survey of Retail Supermarket Prices Meat Packers Caught In Phase IV Squeeze At the same tunc, the House Republican Task Foirce on [of Election Reform called a newsiEtna, three of the layers^pre- conference today to unveil a 17- 1 historic. Real Estate Today By DICK ROZYNEK, GRI Realtor How Much Hot Water? . One of the items frequently "overlooked when remodeling or •buying a new home, is the capacity of the hot water heater. First notice of this oversight normally, is discovered while under a hot shower which turns ice cold prematurely. But, then it is too late. Spf here's a short course on the subject. The capacity of storage water heaters is rated in two ways arid is usually imprinted on the nameplaite of the t a nk. One number tells you the capacity of the tank, and the other num : , ber shows the recovery rate per hour.' The sum of the two jium* bers gives you the number of gallons' of hot water a tank can supply in one hour. A tank of 50 gallons capacity with a recovery rate of 40 gallons will supply 90 gallons an hour which should be plenty for a family of five in a home with two baths and an automatic dishwasher and clotheswasher. A family of four without the dishwasher should be able to get by on a 30 or 40 gallon tank firmed with 30 gallon recovery. ceiling United Press International The administration calls it "scare talk," but meat packers warn that they are caught in a squeeze \ between the retail price ceiling and the cost of cattle that will cause a nationwide shortage of beef— 1 beginning possibly as soon as this weekend. "Area supermarkets are facing a drastic shortage of beef, which by this weekend could lead to the disappearance of some cuts from store meat cases, and in some cases—no beef at all," Lyle Everingham, [president of / the nationwide Kroger Food Stores, said in Cincinnati. Mayor John V. Lindsay said New York City has taken steps did in 1955 and need not worry about getting enough food. "We're not going to run out lof food," Butz said. "That's scare talk." On the West Coast, it was learned that some cattle American ranchers are withholding from the U.S. market during the price freeze are being bought by Japanese. According to the Western States Meat Packers Association, • representing producers from California to Texas, the Japanese are paying top prices for U.S. beef, which is then sold in Japanese supermarkets for up to $14 a pound. Japanese Buying Norm Maffit, the association's vice »president, said he to provide appropriate meat substitutes to hospitals, prisons and other institutions because the city failed to secure a firm bid for beef requirements after Aug. 6. Ceiling Stays Despite warnings of shortages, the administration reaf- Monday that the price on beef WDiild not foe means did not know how much beef the Japanese are buying, "But it certainly doesn't appear the purchases are enough to have an effect on our market or sales prices." Present controls do not cover the price at which farmers can sell cattle, but the prices of processed bsef are frozen. This 'houses orocessors have to pay thing, As a result, many plants have shut down, or slowed down, until the freeze ends. ' The most recent to close was the Glover Packing Co. of Texas, which shut down its main Texas processing plant in Amarillo Monday. H.F. Glover said his company was losing $35 to $40 on every head of cattle it processed. School Lunches The first to feel the effects of j the situation will be institutions. School lunch administrators say they may not be able to buy beef at all for children returning to class this autumn. "I'm scared," said Virginia Ball, food services director for the St. Paul, Minn., school system. She has invited bids to If there is anything we can do to. help you in the field!of real estate, please phone 1 or drop'in at DICK ROZYNEK & ASSOC., 334 N. Henderson. Phone: 343-6167. We 're here, to help. Adv. lifted until Sept. 12. Economists expect beef prices, which have already risen by more than 60 per cent during the past six months, to lurch upward again after the freeze is lifted. But Agriculture Secretary Earl Butz said the American people are eating twice as much beef per capita as they Sweaters The Layered Look For Back-to-School Sweater Vests •v • SHORT SLEEVE Reg. $18.00. •us SQ99 . . i . • •' Wotehbands $100 more for cattle than they can sell them for to supermarkets. Author Irving Denied Parole WASHINGTON (UPI) - The U.S. Parole Board has denied freedom to Clifford Irving; who was sentenced to prison for defrauding a publisher with a faked biography of billionaire recjuse Howard Hughes. ' The; board tuined ! down Irving's application for parole Monday, saying: it would'' be [considered again in January, 1974. Irving's sentence expires Aug. 31, 1974. Irving, his wife. Edith, and his researcher, R'chard Sijs- jil kind,' ware charged with con- 'spiring to defraud McGraw-Hill publishers of $765,000, advance payments for the hoax biography. be received Wednesday for 125,000 pounds of ground beef the school system wants to buy. "I don't know whether we'll get a bid or not." The Tobin Packing Co. of Rochester, N.Y., said it won't 'answer any school's bids. "Just about all the packing are doing , the same a Tobin spokesman 1 ATA Travel Agency 60 S. Prairie St. Galesburg — 3 Doors South of West Theatre PHONE 342-0104 i American Express Travelers Cheques Available » Airline Tickets to Anywhere in the World » No Service Charge or Hidden Costs » Credit Cards Accepted ) Independent & Group Travel • Film Presentations to Groups and Clubs > Amtrak Representative > Bus Tours Departing from Galesburg • Cruises » Passport, Visa and International Driving Permits » Wo Have Tickets for Six Flags in St. Louis i Special Tours: Golf, Tennis, etc., Have A Travel Question? CALL ATA TODAY 342-0104 "We'd be crazy to bid the way the price situation Wo Hav* Too. Too Many — A Really Big Selection «# SOUTH HTji i reg 91 GALESSUMG . ILUNOIS evtai NEEB INSURANC Fire . . . theft . . .accident . . . any one of these mishaps could mean substantial financial loss, That's why it's'important to be covered against such haiardsiby a MILLERS MUTUAL policy, UPDATE YOUR Call Tocjay 343-1 165 TON* USCHWI 411 Bank of Gile*burf Building 9 MILLERS' MUTUAL OF ILLINOIS NSURANCE AU70 • H0I«

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