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e,'v Â· '' V^ 't/ '' Â· ' ; Northwest Arkansas TIMES, Sun., July 21, 1974 - FAYETTEVIU.I, ARKAHÂ»Â»Â« . . 3A Agricultural Crop Records Set; Soybean Production Highest Agricultural c r o p records continued to be made in Arkansas in 1973. All crop production was up two per cent above-197 2 and four per cent, above 1971. The largest soybean crop ever harvested in Arkansas was recorded in 1973 and rice production also established a new record. Hay production was up sharply, but did not set a re cord. i All of t h i s . information and much more is contained in Report Series 216 of the Arkansas Agricultural Experiment Station. It is the 1973 Agricul tural Statistics for Arkansas and is published jointly by the ixperiment Station and the tatistical Reporting Service o he USDA. . RECALLING THE OLD DAYS ,.. Hatjield shows old photograph featuring clan leader Devil Ance, seated center (AP Wirephoto) live 'Cannon-ball' Remembers t,;,,.TAMPA,' Fla. (AP) -- Joe Hatfield was once a daring hut;, man cannonball who headlined ^'carnivals from Maine to Mis- J'.'ijssip'pi. Np\v he's'.confined to a ' W h e e l chair -- _ his past stuffed in t\yo envelopes of yellowed clippings and faded photographs. ..The 62-year-old performer, who claims to be a'descendant of the feuding Hatfield c l a n of West Virginia, is crippled with be in some arthritis. "If I could, I'd rag-tag old carnival now, seeing what's going on," he i across a table with his eyelids.' Hatfiold sometimes stumblec said at Tampa Veteran's Hospital, where he is recovering from surgery. ' . ; "It's the damndest thing, this arthritis," Hatfield said as 'he reached painfully for the folders that lay next to his bed. But his blue eyes brightened as he fetched a scratched snapshot from his 37-year career. "Cannonball" HalEield was blasted out of the barrel of a cannon 1,200 times; drove nailsj up his nose in sideshow extras and pulled , a 90-pound weight "Do you know what it's like to feel the applause of 60,000 people -- that's why I did it, and did it over and over,'" he said, sorting through a lapful of memories. His silver hair thinned on top, aaf\ tmnanamti niHin facts On Futures niuioniiiiiiiiiiiiiiiiniiiiiiiiiniiiiiniiiMiiiniixinniiiiii!! t;.;': By WYLIE PARKER ','-::. And LAVERN HOL1FIEI,D A.G. EDWARDS AND SONS. INC Tho drama , of commodities prices continues to xrnfold. There are literally thousands of "tidbits" which are affecting our markets, but it remains our purpose to focus on those "tidbits" which are causing the basic price patterns to develop. This .is the principle purpose of*'our'weekly column'. While digesting the thousands of' market influences,-.we are focusing .on the' Chicago, grain and feed grain markets and an e x t r e m e l y important crop growing season realizing the potential repercussions. In fact, the whole world is focusing on the possible implications of a ,'i poor growing season. \".\,. TO BRING you up to d a t e 'again, the plantings have be.en Â·'"'late due to wet weather. There (.'".was some question as to whe -rther the government acreage "^estimates would materialize ''Â·'but we now feel that the government estimates of acre age are as close to right as possible to 'guess now. Acreage is one thing - crop yields are another. With respec to corn yields, the "stands' .leaves much to be desired. This observation is reinforced by th government's weekly weathe: and crop summary which indi cates that the crop is signifi cantly behind both normal an last year in its development. Further concern rests in thi prop's root structure whicl because of early wetnes allowed shallow root - system which could have high conse quence to the yield shoul unusually hot. weather persis without adequate moisture. W are in a weather market of sig -' nifieant proportions and war 1'. speculators must realize this i !-, their effort to develop marke Â·"Â·strategies. *;; A USUALLY reliable privat orecaster made his production orecast ,on wheat production nd on corn and bean acreage n Monday. Winter wheat pro- uction on July 1 was estimated t 1,418 billion bushels versus he U.S.D.A.'s June 1 figure of ,531 billion bushels, at least a art of expected reduction. Corn acrea'ge on July 1 was stimated at 77-6 million acres ersus the final acreage of last ear of 71.6 million acres. Bean icreage on July I, 1974 was stimated at 57.3 million acre- Â·ersus the final U.S.D.A. acre- ge of 57.3 million acres' last feat. We feel strongly that the oybean acreage will eventually ie increased as the harvested vheat acreage is converted to iew crop beans. THE MAJOR problem in accurately prognosticating what he final yield figures will be. Any significant error could be costly. Some experienced observers believe that yields have already been damaged mater- ally, that it's not a question of "if" but "how much." We must take the view that iquidations in livestock are near completion and we are much impressed with .the premiums of the cash markets to the nearby futures causing significant liquidation of warehouse stocks. On the other land, the multi-limit days in the past few weeks (first on the up-side caused mostly by short covering and recently on the down-side) show clearly that these markets will be a two-way street at high risks. The livestock s e e m to be followers of grains, not the leaders. Consequently, the timing of purchases might well depend on expected 'grain rallies, UA Professors Write Article Dr. Grant M. Davis, O r e n Harris Professor of Transportation at the University of Arkansas, and Dr. L.J. Rosenberg, associate professor of marketing, are the authors of an article published recently in the summer issue . of the Transportation Journal. . The article is entitled "Physi cal Distribution Management -A Collage of 1973 Observa tions." The Journal is publishec by the University of Marylam and the American Society o Traffic and Transportation. The article reports the results of questionnaires sent to various persons in the trans portatioh industry. The studj reveals, Dr. Davis said, tha "physical, distribution remains fragmented, a dispropbrtionati , dispr . number of physical distribution lersonnel.are engaged in ware lousing arid traffic, but that thi Â£ e: ho educational distribution creasing." level of-.physica employes is in ver words or missed a date ow and then. .He leaned bad nd in his throaty voice tolc bout his flying debut. "We were sitting with a fiftl f whiskey when I heard thi uy tell the boss I'd substitut n the cannon act. I thought h vas kidding. At 10 that night rawled inside and the torped hot me out. It was a hell of eeling.. But the money wa good -- $150-S175 a week, an hat was 20 years ago. So I be came 'Cannonball.'" Hatfield, who dropped out p school in the.third grade, joinec .he Navy at 16 and turned I carnival work after his stin was done. of principal crops harvested in he stale in 1973. Soybeans com- rised about 62 per cent of this a c r e a g e . Arkansas ranked ourth in the United States in acres of soybeans harvested. Arkansas ranked sixth in soybean production figures, though. T he average acre yield was 25 bushels. Total production of 116.3 million bushels established a state record. C o t t o n production, with 1,041,009 bales in 1973, was under the 1972 figure of .1,435,00 sales. Â· " ; 'Â· .Â· Rice production had a n e w record of 25.4 million hundred weight. A total of 533,000 acres was harvested, nearly 21 pe cent more than in 1972, Arkan sas ranked first in rice produc in the United States in 1973 In agricultural animal pro-; uction, commercial broilers vere down six per cent from he 1972 level. However, Arkanas is still number one in na- .ional broiler production. Oilier meal animal production increased, wilh the exception of logs and pigs. A total of 502 million broilers were produced n the stale in 1973. There were nearly six percent more cattle n Arkansas Jan. 1. 1974, than a year before. Milk production was down two per cent f r o m 1972. The 1973 value of production of Arkansas farm products (ex eluding government payments! was $2,297 million, up 60 per cent over 1972. Higher prices and increased production were responsible for the large per cntagi Increase. Soybeans again led the state's op 10 farm products. Broilers ook second place on the rosjer. lice, cattle and calves and cot- on and cotton seed made' : up he remaining top five positions, iounding out the botton hilf of the top 10 commodities were eggs, milk, h a y , truete arid logs and pigs in that order., Free copies of Report Series 216 may be obtained fronvtha Bulletin Office, University 'Â· of Arkansas Agricultural Expert- ment Station, Fayettevilte.-i or from Arkansas county agems. The TIMES h On Top of The Newa SÂ«vÂ«n Dayi a Graduates Navy Seaman Stephen B.-.W.i liams, son of Mr. and: Mr Leon Williams of. Route 1, Combs, has graduated from recruit training at the Naval Training Center at Orlando, Fla. 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