Lubbock Avalanche-Journal from Lubbock, Texas on April 5, 1975 · Page 17
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April 5, 1975

Lubbock Avalanche-Journal from Lubbock, Texas · Page 17

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4-C—LUBROGK:iXVALANCHE.JOURNAL-~ Saturday Morning, April 5, 1975 P®rk Production Emphasized B.y KETII HENLEY A-J Farm Writer 'LAMESA (Special) — producers must increase Pork their emphasis on more efficient production as feed c>sts increase, a. South Plains Development swine production meeting was told here Uvs week. Dr. Gilbert Hollis, nren swine specialist with the Texas Agri- cultural Extension Service at Lubbock, said the importance or production costs has overtaken that of maximizing gains. "Since 1973, pork producers have faced the highest, most erratic feed prices in history," he said. "The recent softening of the grain market has everyone in animal agriculture encouraged and all are anxiously hoping to see further reductions during the 1975 harvest. "Undoubtedly, with a good crop this year, feed prices will be reduced, at least temporarily!" the specialist said. "However, the increasing world demand fo- both grain and high protein meals for hu man food and the pressure to export agricultural products to gain on our balance of payments strongly suggest that the relative price of fecdstuffs in the future will be higher than n the past." Hoilis said there are several alternatives that can aid in im>roving production efficiency, 'hey include culling the lowest >roducing sows and increasing lie number of pigs per sow an- ually. . • "These are not new but they lave new importance because f the cost-price squeeze," Hol,s noted. Removing the lowest produc- ng sows automatically increas- s production efficiency, he aid. However, the economic dvantage of this practice is ffset partially by the increased ixcd costs each pig must ab- orb because of not using facili- cs to full capacity. Improved management can -FARM LEADER HONORED — H. L. "Hub" .King of Brownfield. center, who was a state ; Farm Bureau (FB) director from District 2 for 21 years before retiring from the board Jast December, and his wife, Faye Marie, wore honored at an appreciation dinner here Thursday night at the Big Texas Steak Ranch. Shown with King are Carrol Chaloupka of Dalhart, left, Texas FB president, and Doug James of Lubbock, who succeeded King on Uie board and who was master of ceremonies at the dinner. About 160 persons from throughout the district attended. (Staff Photo by Terry Davis) Firm Plans New Texas Pipeline HOUSTON (UPI) — Texas Eastern's board of directors las announced plans to construct a 300 mile, 14-inch pipeline from the company's ;erminal at Beaumont to its terminal hear El Dorado, Ark. George E. Kirby, Texas lastern president, says the new pipeline will parallel the company's heavily Used 20-inch pipeline and immediately ' in crease the terminal capacity between the two points from 225,000 barrels a day to 285,000 barrels. It ultimately wil increase capacity to 350.0C bar.rcls a day, he-said. Texas Eastern plans to begin construction immediately wit c o m p 1 e t i o n scheduled in December. The cost win be $4: eld more pigs annually per ow, the swine expert pointed ut. "Increase the ratio of sows to Its as much as possible," Hols advised. "Select and keep ie high producing females." He said decreasing the far- owing interval and improving reeding efficiency also will in- rcase pig numbers. Discussing the use oC swine nanure as a fertilizer, Dr. John weeten of College Station, ex ension agricultural engineer, aid attitudes have shitted drastically" in the past year r two. Economic studies of a dec de ago convincingly showed value of manure to be less lan hauling costs," he said. However, the picture has hanged. Supplies of inorganic ertilizer have been limited and ic cost has multiplied, the engi- cer pointed out. "Thus we need to reevaluate ie relative importance of ani nal manure as an economic puree of plant nutrients," he aid. Sweeten said the value ol manure can be determined on ie basis of production or fertil ty. The production basis indicates low much forage or grain can je produced using , manure, compared with no fertilizer or :ommercial fertilizer alone. The fertility basis concerns he apparent fertilizer value of manure based on its nutrient Live Cattle Futures Finish Mixed 'CHICAGO (CNS) — In a session, filled with technical j»yra-' ttons, live cattle futures closed mixed Friday on the Chicago Mercantile Exchange. Prices closed mostly higher after a late rally pushed the market to highs of the day. Rapid filling of stop-loss orders placed above the $41.10 per hundredweight mark in June sparked advances. A steady to lower opening led to easier levels through most of Uie day. Futures became more volatile late in the session when daily lows were penetrated. This stimulated technical buy- Ing and drove prices sharply above earlier highs. The late rally knocked many local positions out of the market. Late soiling forced June down from 541.60 to $41.10, closing at up two cents from Thursday. Spot April slipped two cents, the only contract to lose ground. Volume was moderate with RBOO trades. • Total meat production under federal inspection for the week was estimated pounds by the at 619 million Department of Agriculture. The figure is one per cent above a week ago and seven per cent below a ear ago. Pre-weekend short-covering stimulated a late advance in ,ive hog futures. Trading in a narrow range, the most active June contract posted a 100-point a in. Distant December gained only 20 points. Some observers noted Jhe weakness in the December contract apparently \vas caused by spreading against the nearby s. Other months ranged from 32 points higher in April t 0 90 in July. Steady cash markets did not support the nearby April, how- vcr. Opening quotes were mixed and subsequent trading was only in a narrow range.. Local activity was lighter than in recent days, but outside interest increased. New short position holders according to some observers spurred the late surge. Fina volume was estimated at 4.222 vening up. The market ticked' owcr on the opening as a re- ult of carryover selling after 'hursday's limit losses. However, fresh buying adv- nccd the market over the pre- ious resting level. Locals oined various commission and virehouses to give the market modest support. Early trading was rather contracts exchanged, up from o,427 Thursday. Despite weaker cash indica tions. pork belly futures advanced to limit gains in late ses sion as a result of pre-wcekenc PLAINS AGRICULTURE By DUANE HOWEI1 hoppy resent. as varied ideas wore Price movement was i arrow for most of the day. Despite a three-cent per ound break at noon for mer- antile-type bellies, futures urned higher and eventually chievcd limit advances in rut May 197G. There was all apparent leadership on the ra Observers close to the marke noted the late advance seeme to stem from new shorts wh evened up ahead of the week end. Stop-loss buying also wa noted. Despite the break in future prices the past few days, man traders are hesitant to hoi short positions over a weeken when the underlying tone in the market looks bullish. St?eng(h in hogs and grains also were cited as encouraging factors. Volume was estimated at G.437 turnovers, up sharply from 4.735 Thursday. DJl.t r'om HA1IVNAL WEf THfcH Sf NOAA. U.S. Dupt. fti Corrnnctcf>.._ WEATHER FORECAST—Snow flurries are forecast today in northeast and parts of Minnesota, North Dakota, Montana, Idaho, Nevada and Utah. Rain will occur in portions of California and Oregon with rain showers in part of Texas. Much of the remainder of the country should have fair weather. (AP wirephoto) content rients ers. and the cost of nu- in commercial fertiliz- For effective fertilizer value, nanure should be applied about one week ahead of the planting date," said Sweeten. "However. or convenience it may be more attractive to apply [ate fall or winter." Tecli Professor To Leave For School Position Dale W. Zinn, assistant dean of the Texas Tech College of Agricultural Sciences and director of its division of agricultural services, has teen appointed dean of the College of Agriculture' and Forestry at West Virginia University in Morgantown, W. Va. His appointment, effective June ]. was announced by James G. Harlow, WVU president Zinn will succeed the acting dean, Homer C. Evans. A native of Parkersburg, W. Va., Zinn received the bachelor's and master's degrees from ARMS COLLECTION The U.S. Military Academy's museum was established in 1854. It maintains what is probably the largest diversified collection of military arms and accoutrements in the Western lemisphere. wastes in WVU. He received the doctorate in animal science from the Uni- But he warned that five to 10 ve rsity of Missouri at Columbia, per cent, of the total nitrogen in manure can be lost to the plant f the waste is applied in the fall rather than near planting ,ime. Soil characteristics slso should be considered when determining the amount of waste to be applied, Sweeten said. "Fine textured soils have slow water infiltration rates, so the amount of liquid waste applied should -be reduced to avoid runoff," he explained. "On the other hand, coarse textured soils, because of their high permeability, can accept higher application rates of liquid waste without suffering runoff." Twenty-eight pork producers and allied industry representatives attended the mcetin; sponsored by extension agents in seven South Plains counties. RECORDS A full lint of Single! and SUfeo IP Aibuim. You may liifen' befow you buyl O. BLAKE RECORD CENTER 2«l-34ih 795-6408 IM WE ARE PLEASED TO ANNOUNCE THE FORMATION Of ATCHESON, CARTWRIGHT & ASSOCIATES MEMBERS OF THE AMERICAN INSTITUTE OF ARCHITECTS ARCHITECTS ENGINEERS PLANNERS 1214 14lh STREET • SUITE 1C8 • LUBBOCK, TEXAS • 7S2-0174 AN AFFILIATE OF PARKHILL.SMITH&COOPER.INC. ENGINEERS ARCHITECTS PLANNERS LUBBOCK 201 AVENUE LUBBOCK. TEXAS EL PASO 763-0407 AGRICULTURAL MARKETS Mercantile OncAGO (APt — Futures trading on Uie Chicago Board ot Trade Friday: T*rev Open lllsh low Close Close ' WnW Vjn!» 3.72_, S.77.;- 1X77 r>'70 it!73 ii.'eini s'^iii 3.7i',-i 11.7814 3.82'A 3.77'.-i S,fil'- 3.HI 3.81V. 3,S7V» 3&H a J.87Vj 3.S7 luf Kcp Dec Star 2-97% 2.M ' Jill Scp Jisi'i 2.86^ i'Ktt 2.'SG 2.'S)',-i 2.73 3 i : SUPPORT FOR BILLS INCREASLNG the federal estate ta> exemption from ."560,000 to 5200,000 has been urged by the Tc.xa. Farm Bureau. . Carrol Chaloupka of Dalhart. TFB president, says Wie fcdcra estate tax has become an "unreasonable burden" on thos° farmers and ranchers who wish to keep the family farm o ranch in the family. The TFB. he said, has urged members of the Texas congrcs sional delegation to support bills identical to H.R. 179:;, intro duced by Rep. Omar Burlcson of Anson. Chaloupka said additional sponsors now have introduced similar bills. .THE BURLESON BILL JUKES THE EXEMPTION to 5200,00 a'nd also raises the marital deduction from 50 por cent of Uie adjusted gross estate to 5100,000 plus 50 per cent of the adjusted tbtal value. These provisions apply to all estates. '•. In addition, the bill establishes a procedure that permits farm and ranch estates to be assessed at their value for agricultural purposes, rather than at values for higher uses, where the land lias been devoted to farming or ranching for at least five years. • Chaloupka said Uie bill takes into consideration the inflation tffat has taken place since 1942 when the $60,000 exemption was adopted. WHEN THK PRESENT EXEMPTION was established, he pointed out, land values were low and not many people had to worry about estate taxes. "Today, because of inflation and assessments based on subdivision or other development potential, even an averagc-si/e farm or ranch may have an assessed value ot several hundred thousand dollars," he said. In view of congressional moves to plug what some lawmakers sec'! as "tax loopholes" already in existence, the future docs not Icfok promising for the estate bills, even though the measures hay* merit. ALTHOUGH THK LABOR DEPARTMENT said this week that wholesale prices have dropped for the fourth consecutive month f.rj^s not exactly good news for consumers, according to Secretary of Agriculture Earl Bute. wholesale price index (WPI) announced this week i Mar Mny OATS (5.000 hu) .May l..">l',i 1.5-1',-i 1.51 Jul 1.461,-;, ]..|0 1,46 Sen 14" 1.44 "1 1.43 Dec: 1.451,4 1.4S 1.45 SOYBEANS Ci.Oflflhlll May 5 BO 5.9S 5.7fi Jul 5.TS 5.S7 5.77 &? s:" 5$ W Nov 5.70 5.7S 5.B7 Jan 5.7(i 5.S:i 5.75 Mar 5.81 5.99 5.81 SOYBKAN 01T. (W.OOO Hu) Mnv i<i.0a 2S.fi5 27.77 Jul" 26.70 27.30 2S50 AUK 25.nO 26.40 25.75 Sen 25.05 25.B5 24.% 0,1 24.20 21.70 24.20 Jnii ~£!.!*l 23'.2S 22.EO Mar 22.25 22.85 22.K May Jul AUK i.. r >i! 5.S7 5.S(i 5.BS 5.SH taking moved in, then improved rapidly under short covering at the close. A stalemate in the Canadian shipping strike was a buying factor in wheat futures but it appeared difficult for buyers to overcome commercial selling. Late in the session some o'Jt- side buying entered the pit and as shorts were forced to cover prices rose. Iced broilers gained about Vj cent a pound in very light trade. Gold futures fell nearly Traders kept an eye weather developments and also on Washington cotton price support legislation. Brokers said. The average price for strict low middling 1 1-16 inch spot cotton declined 35 points 39.86 cents a pound Thursday for the ten leading markets, according to the New York Cotton Exchange. NEW YORK (AP) — Oilton No. 2 fu- luri-s Friday on tha New YOrk Collon Ex 54 an ounce as gained abroad. At the close of the U.S. dollar grain trade, 5. DO 2S.50 26.20 25. HO 21.IW 2:1.60 23.20 . S.71 5.56 :\ 71 5.78'. . 2B.n:i 2. SO ISOYBKAN MEAT. (100 Ions) f 122.50 124.50 122.00 121.50 VI". ( 127.00 129.09 126.50 129.00 127.00 130 00 131.50 ]2!U)0 131.50 130.00 lll'.'.OO 13-1.50 i:)2.00 134.50 132.00 Or t 1"! 50 13fi.(K) 1*1.5(1 M'.Ofl 1.15.00 Hoc- i:;!UO 141.50 13S.50 111.™ 138.50 .Ian 142.50 141.00 111.50 li::00 111.00 Mar 1-11.00 HTM 1-14.00 1-13.03 143.00 tcxn BHOII.ERS (sa.ooo HISI Mov 33.40 40.10 3n.40 "!'.':f» 3D.60 jun ".'>.."« ss.no "i.:: 1 ) »''.M ;9.4" iiiiTO 3s!bb :,Y.'n rj'.pi yt'.m Nov 36.75 3G.75 "IG.liO 3(1.60 "6.50 b-Rid: n-Askecl: n-Nominal. LUMBER (100.000 h ilfl) Mnv 112.00 145.30 142 0(1 113.5(1 144.00 Till" 15:1.50 156.00 152,CO 151.DO 151.50 153.00 157.20 353.70 153.00 15-1.30 151 20 152 50 ISO 20 152 00 152 00 Jan 152.50 152.50 151.50 151.50 152.50 S.-iles: Hay 479; July 4S9; Se.[> 232; Nov 3S; .Tsti 3. change. Oprn ..- I»w- flose. CO1TO.X. Nil. 2 (50.000 Ihv) soybeans were 9 to 12>,i cents a bushel higher, May 5.87; corn was 2!i to 3-14 higher, ivlay 2.97=4; oats were 2 J /2 to 2%i higher. May 1.54V2 and wheat | was unchanged to IVi higher, May 3.77 J ,i. Trcr Oprn Ilieh Ixw rinse. Close UYi; BEEP fTATTM? (10.000 Ibs) AP- 41.50 41.75 41.25 41.52 4V.65 Jun 41.00 41.60 40.62 41.10 41.00 Miff 3!l.f,5 "!).55 38.M 3JV55 31.27 Oct 3S.50 "S.70 38.15 7,8.60 38.55 Dec M.30 38.45 37.95 3R.37 3S.20 1'cl) 38.40 38HO 38.10 38.50 a38.40 Pales: April 1-156: Juno 34SS; Auj? 1201; Oil 272; lice 120: Ken 60. Open Interest: April 1001: Jure 12100; AUS 6760; Oct 1SS2; Dec 1697: J-'ch 566. I-'KEDKI! OATTI.H (rJ.OOO Ihs) Anr 32.50 .7.'.50 31.50 .12.50 M2.."0 May 32.70 32 tin 32.60 S2.W 32.75 AUK 32.00 32.25 32,00 32.15 XMO 31.50 ni.r* 31.30 31."0 "1.60 MB'- .lul O(t Jul .. . 42.M 4:1.70 45.00 43 90 4fi.S4 : 1,850. 43.37 42.8) 43.10 44.02 43.55 43.78 43.62 45.00 b-lo.'O 4S.25 45.80 4".!M 46.33 «.6* MS.6.1 h47.25 b47.85 Oct Nov Sales: 30.RO 7.L1S 30.75 7,1.00 30.75 . Tu | Mny CHAIN SOnclTIOIS (100 lh«> 4. 4.2'i : July n; Sen 0; lice 0. KG(iS (32,500 il 4.5T> 4.20 4.13 . . - -- --- 4.I.50 41.5 — - -- ------ 4 P :.4« 4",.i J.-CP -- --- ------ 4D.OO 45.0 Kales: April 0: May 0: June 0. Sen 0. (H-ft-f- NEW YORK (AP» — Wnol futures Fri- rlnv on the N'rw York t' n (ton I->:rlinn<rc. Open IIIcli I/iw CIo>e rrtr. His) 1KI.O 113.0 1)1120 113.0 M;-v Jui Ort h hid 12S.O 3. no.n 122.0 125.0 110.0 12"":.!) 125.0 hllR.II 1in.l> iii:ii.n 1)122.0 bi::!.o bi25.o Board Of Trade CHICAGO (AP) — Farm commodity futures brought to an end three days of that the four-month decline in overall wholesale prices has been riser/entirely to the drop in farm product prices (what the farmer gets) while industrial prices haven't yet turned down, explained in a -statement. nHowcver, the cost of getting food from farms to supermarkets continues to increase. This cost is running about in per cent. higher than a year ago. So while farm prices arc off about 15 pfiT ccnl from a year ago, retail food prices are 9 per cent higher, a fact the WPI can't reflect. IS UNFORTUNATE," BUTZ SAID, "but It. is fairly When farm prices go up. they usually come down But when costs for transportation, labor, rent, utilities and ;o up, they usually stay up, he said. //, cited bread prices as an example, saying a loaf or white bread costs consumers about 15 per cent more than a year ago. However," the farm value of the .wheat in that loaf is 30 per cent JeSsJthan a year ago, the secretary pointad out. •V-A»yoar ago, the American Bakers Association was screaming tlf&f brca'djjflrf'<j'B£.were going to hit $1 a loaf it wheat exports weren''t--*jSroTOpto j $BipK'.down wheat prices," Butz said, "Now tlVJUt fi ,wheat. 'prices'arc.-30'• per cent under a year ago but bread costs-35 per .cent/more, the .American Bakers Association is .rtawlili.^.qmlet,/' ' • 31.00 30.90 .. 30,73 n3t.OO April 1; May 10; Autf 4; Sep 3: Ocl 2); Nov 4. Open Interest: April SI: May 243; AtiS 181; SCP 100: Oct 7W: Nov 23. I.IVB WifiS (30,000 lh») Apr 40.97 41.50 4(1, SO 41.42 41.05 Jim 4-1.50 44.55 4-t.2.i 41.40 44.50 Jill 43.fiO 46.30 45.20 4K.2S 45.45 AllK 44.SO 45.22 44.M 045.05 44.SO Ort 43.53 4-1.00 43.15 41.00 43.60 Dei: -11.05 44.40 4:1.80 41.20 44.00 1'Vl) 4:1.70 41.30 43.60 b-11.25 W:i.60 Apr 42.15 <12.37 42.22 42.S7 . . .. .Sales: April Ri5; Jun,> 2022: July 721; AuS 352; CX-t 155; Dec 123; Kcb 5G; April 5. Open interest: April 1-102; June 3350: July 2.1S5; Acs 1507; Oct 6W; Dec 1783; FebSRO: April 141. IDAHO POVATOKS <8I).000 lli«) 1'ay 5.75 5.75 5.75 5.75 li.Vj .^.•ilc. 1 !: May 2. Oncn Interest: ^lav •(>- .S1IKU, JW'r.S (M..)00 flni) Apr May Jun "S.75 rt,35 3S.05 40.23 42.30 41.75 S8.73 33.50 40 .'.5 41.SO 4'',(',f) 41.SD .Inl 45.7(1 Vl'JO 43.71) 4U 2(J nlj.OO AuK -17.50 <7.5ft 47.50 4750 Sen 30.01) 50.W 50.00 SO.! 1 !) 50.20 Sales: April 54; May 138; June 35; July 3: AUR 1: Sop f'.~ Open Interest: Apri' 2>5: May 767; June 368: July 5: Au? n: Si-r> 353. ITIO/.E.V TORK BKI.l.IKS Ibs) May .Mil LUBBOCK SPOT COTTON Quotations flro the approximate prices reported ti> the Agricultural Marketing Service for qualities equal to the U.S. Official Grade nnd Slaplfr standards. Prices are for mlcronalre (rnike) read- incs of 3.5 throujjh 4.9. In mixed lots. untomorosscd. !iee of all charges (n the warehouse in the market. Pnco trend: Blcady. jr sr^i ui MT.S son.*: (31) Ht) (!l) (32) («>' (51) Fnnla M 30 32 40 JL2S 32.55 31.70 "0.2S ?3.S5 :B.'fl5 31.R5 J3.10 S2.15 SO.75 M.8S 33.70 32.50 33.R5 32.50 31.25 3fi,15 M.60 33.30 34.75 3:1.55 11.85 36.30 33.33 34.05 35.50 34.30 32.60 37.65 36.10 34.SO 3S.25 35.03 33.35 10 mils.: SUI l-l-lfi at 39.73: previous day 39.58; week URD holiday; year aco SI.94. Purchases: 5.S20 bale* at previous day 4.150; week aco holiday; year aso 2.0SS. U.S. spot purchases: fin.ffil hales: previous day 26,770; week a?o holiriaj aco 11,9-15. .MIKE DIFI-TKRKXrr.S (Tti. I.e. l-lOOo n Ib.) ntailinzi T.nfi- TlaJ- Tloui Mem- Slkt. hork )!i^ Ion phis Avc*. 2." it belnir -!XX) -S30 -SOO -1300 -12fi5 ''7 thru ''P -K23 -K50 -f(K) -1000 -fiSS 3.0 Ihru 3.2 -3DO -3.V) -SOD -TOO -547 3.5 thru 4.!> (100 5.n Ihm 5,2 -"0 -30 -50 5.3 Ac above -10") -125 -ICO 15-1S 11-32 1 1 1 32 1 1-lfi AVRS. 0 -50 -130 Livestock j\MARIUX>. Tex. f.VP) — Cartot st«r. neiicr and coiv beef steady. Stew beef clio'ce 3 500-SS9 Ibs 63.50-6-1.8'), Well tood 500-:00 lb» 60.0iWO,50, bonlns typo sood Ihs 60.00. Heifer beet choice 3 500.. 700 Ibs 62.50S3.00: rood 500-700 ll»s 59.00- SO.OO 400-30 Ibs 55.00-57.00. Cow beef utll- ily < breaking) V..OO. iilillty (bonini'i 45.00, caniier and cutter 46.00. iriccs, closing with gains of iround 2 to ]2 cents a bushel on .he C'licagn Board of Trade Friday. A fluny of new buying set off short covering which turned iriccs higher in the closing minutes. Trade before that move had been very slow and the volume fairly lighl. Early buying in the soybean complex resulted in a Rain of about S3 a Ion in meal and HO points in oil as soybeans rose 8 cents..The heavy snow in the Midwest along with rain in the surrounding area produced some bullish ideas because field work could be postponed now. The weather and the possible flooding also were factors in the early strength of corn and oats futures. These com modities later sold off as profit 70.20 (K.20 H70.20 aBR.7D 70.72 "8.75 h70.72 flSS.22 AUR bi.VT) ffl.32 B7.70 hW52 tfit.02 fob K3.d5 (17.52 65.S-* M7.32 K.K> Mnr r>5,55 B7.05 S5.4!) h57.03 Bo.35 Mnv 67.45 87.45 B5.83 «7.15 aSfi.OO Sales: Mny 3270; July 2-190; Aug 4B8; Fel> 201; Mnreh -1; Mny 4. Open Interest: May 40S8; July 4177' ut' 1.118; Kcb COS: Mrrrh 50: Slay 3. t>~Hi'l: n —ArJfed; n—Nominal. SII.VKU (3.01)0 (rnv o/i Apr 4OT.OO 400.20 404.00 405,00 412 50 M'iy 40S.50 410.50 406.00 407.0.) 415.50 Inn 410.10 414.50 408.50 411.00 41800 AUK 415.50 420.00 415.00 416.30 423.0C CX-[ 422.50 425.00 420.50 423.00 4M.50 428,00 431.00 427.00 427.50 433.50 Fel, 432.20 43S.OO 432.00 434 00 411.50 Apr 430.50 411.00 437.00 435.00 447.00 Jim 447.20 448 50 445.00 445,00 452.5C Jfny .till Sen Nov .Mn Mar . I'l.YWOOD (09.120 »q II) " l.T4."0 IM.RO I l"fi.!i(l 1M.50 . . . . . 137.30 130.20 137.00 13S.50 137.20 lin.no 141.10 1-0.00 1 4fl.5l) 13!l« 13D.OO 111.00 138.50 141.00 13!1.60 lll.OO 141.00 141.00 ill 00 141 0( 141.00 142.00 HI ,00 42,00 H2.00 Cotton NEW YORK (AP) — Cotton futures No. 2 closed SI a bale lower to 15 cents higher Friday Prices ended mostly lower Activity was relatively feature less. OitAHA, NC». (AP) (USDA)—Livestock qi>.)lal!ons Friday: Hots: 4.000; barrows and aills active, fully 2S hinlicr; U.S. 1-2. 230-WO Ib 40.504075: 1-3 200-250 Ib 40.0W0.50; sows 25-50 Blur: 320-fiOO Ib 3o.00-37.00. Cattle and cavle.s: 1.600: not cnnush nc- tlvily on any class to establish a trade: part of small now .supply will ka cnrried for Istcr trnrte; 1,409 feeders consigned lo f'ririay auction. Sheep: nnne. Cash Grain FORT WORTH (AP) -- Hard •1.23-4.5S; export 4.IO!4-4.43Vi 3.20H-3.30W. Oau sorztium 5.oO-5. 50. CHTCAOO (AP) — \Vhft No 2 hard winter 3.78'^n Fridayir No 2 soft red 3.7flV4n. Corn No 2 yellow 3.03'X..n (hopper) 2.97*4n (box) Oat» No 2e\tra heavy white 1.62Vjn. Soybeans No 1 yellow 5.8In. N'o 2 yellow com Thursdfw was quoted at 3.02";n (hopper) 2.DS«',n (box). I'OTATO (AP) — (USDA) — Major potato mnrKcts FOB shipping points U.S. 1A Thursday in 100 Ib sacks: Wnshlnirlon runieli 4.1/0; Mlnnesoln Nortfi Dnkola Red River V»lley round reds 2.152.40 mostly 2 15-2.55: Wisconsin round whites 1.90-2.00. raoMly 2.00. USD.*. BrTTER AND ECflS CHICAGO (AP) — (USI)A) — Butler firm: wbolesBle buying prices Friday unchanged; M score AA 60,13; 92 A 63.19; 90 B unquoted. Em unsettled; tales delivered war: house, cartons unchanged; A extra large 50-53; A large (3-51: A mediums 46-18. enetic and environmental fac carcass composition of beef cat- CONCRETE PROD Red Wing work oxfords spell comfort — all day long. Quality at a price you'll appreciate — that's Red Wing. Free Parking available on 1KB lot across Ave. I 1102 Main 762-0194 Red Wing shoes available with or wilhoul safety toe. Sizes 6-18 Widths AAA-EEEE • In stock • No waiting Bring this ad to Mallory'j for a free pair of sax. Yellow com Yellow

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