Farming Is Big Business Farming is big business ac- up 6 percent from a year cording to recent USDA re- earlier, while value per farm ports. The value of U.S. farm- averaged $69,100, compared to land has increased 70 percent $63,300 a year earlier, value per during the past decade. As of acre averaged $l7B, compared March 1, 1968, total farm leal to $173 on March 1, 1967. Farms estate values was 193 7 billion, ranged from a low of $27,700 in WATCH OPEN Kinzer Equipment Company lightweight concrete building block HOLLAND STONE •' READY-MIXED CONCRETE MJbw m mMOLLAND m CONCRETE New Holland r Penna. 717 354-2114 MASSEY ■ FERGUSON SNOWMOBILES KEW & USED R. Nl. BRUBAKER, Inc. 145 PROSPECT ROAD FOR OUR HOUSE KINZER, PENNA, PHONE 898-2294 Maine to $407,800 in Arizona; value per acre ranged from $33 in Wyoming to $832 in New Jer sey. Farming rates as the Nation’s biggest industry. Roughly 525 million workers are employed in farming. That’s more than combined employment in trans position, public utilities, steel, and the automobile industries. Agricultuie’s assets total $273 billion That’s about two-thirds the value of current assets on all corporations in the Nation and some three-fifths of the market value of all corporation stocks on the New Yoik Stock Exchange. Each year, farmers spend moie than $33 billion for goods and sei vices used to produce crops and livestock. They spend another $l2 billion a year for food, clothing, drugs, furniture, appliances and other products and services. Another 14 million Ameri cans are employed in agncul tuially related industries Eight million of them have jobs in storing, processing, and mer chandising agricultural pro ducts; the otheis are in jobs providing farm supplies USDA expects dairymen to set another new record in gross income this year. Output for the year should reach 118 bil lion pounds, according to an Agriculture Department esti mate. That would be about one percent under the 1967 produc tion Higher prices this year are expected to boost gross returns Net farm income this year will be in the neighborhoor of $l5 billion Realized net farm income should reach or exceed $l5 billion, up $BOO million over 1967. Realized net income per farm, nationwide, is projected to be $4,900, second highest in our history. Direct Government payments to farmers this year will total a record $3.4 billion, according to current calculations. That would be about $3OO million higher than last year. Not a Title Reverend is not a title and cannot be correctly used as a form of address for a clergy man When speaking to a clergyman, call him “doctor” if he has a doctor’s degree, other wise, simply address him as “mistei ” Playful Powerful 69 - POLARIS BOUNS Sales & Service SAL _-i vfA, PENN A. Lancaster Farming, Saturday. February 8,1969 For Full Market Reports Read LANCASTER FARMING "WAFFLE PANEL" GRAIN TANK Take a good look at the new look in grain storage. Only Behlen offers this 2-way, grain-saving protection. Vertical t> Horizontal Ribbing Oval-Tight Double Doors like gives increased resistance to a bankvault.seal out weather, downward pressure of grain, rodents and Jnsects. Eave-Seal Roof Panels are Choice of sizes, 950t047,590 grain-tight, bolted direct to bu. including 4 new 22' and the wall panels. I new 40' diameter models FOR PRICES, CONTACT: Fred Frey, Mgr. FREY BROS. R. D. #2, Quarryville, Pa. 17566 786-2235 (717) Public Sale FRIDAY, FEB. 21, 1969 STARTING AT 10:30 A. M. 20 to 30 TRACTORS MANY MAKES AND MODELS International, Ford, John Deere, Allis-Chalmers, Case, Massey-Harris, Massey-Ferguson, Oliver FARM MACHINERY Harvesters, mowers, cornpickers, hay balers, blowers Some Lawn and Garden Equipment Attention DEALERS & FARMERS: Bring your own surplus equipment in to be sold on consignment. We buy, sell, trade, wholesale-daily. Used Parts for most make & model of Tractors & Farm Machinery. SALE DATES FOR 1969 Friday, March 21 Friday, April 18 WENGER'S FARM MACHINERY, INC So. Race St, Friday, May 16 Myerstown, Pa. 21
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