— Lancaster Farming. Saturday. April 7, 1973 16 Statistical Barometer Item 1970 1971 1972-l«t«>t available data Prices: All prices received by farmers (1967=100) ,110 112 130 November Crops (1967=100) 100 107 120 November Livestock (1967=100) 118 116 138 November All prices paid by farmers (1967=100) 114 120 130 November Ratio' (1967=100) 96 94 100 November Consumer price index, all items (1967=100) 116 121 127 October Food (1967=100) 115 118 125 October Farm Income: Volume of farm marketings (1967=100) 108 111 98 Jan.-Sept. Cash receipts from farm /narketings (Sbil.) 50 5 53.1 38.5 Jan.-Sept. Crops (sbil.) 20.9 22.6 13.6 Jan.-Sept. Livestock (Sbil) 29.6 30.5 24.9 Jan.-Sept. Realized gross farm income (sbil) 57.9 60.1 66.1 ( 3 ) Production expenses (Sbil) 41.1 44.0 47.3 ( 3 ) Realized net farm income (Sbil) 16.8 16.1 18.8 ( 3 ) Income and Spending: Disposable personal income, total (sbil) 689.5 744 4 798.7 ( 3 ) Expenditures for food (sbil) 114.2 117.3 125.2 ( 3 ) Share of income spent for food (percent) 16*6 15 8 15.7 ( 3 ) Farm Food Market Basket: 3 Retail cost ($) 1.223 1,244' 1,320 September Farm value (S) 476 477 539 September Farmers' share of retail cost (percent) 39 38 41 September Farm Production and Efficiency: Farm output, total (1967=100) • 102 111 113 November Livestock (1967=100) , 105 108 109 November Crops (1967=100) 100 112 114 November Balance Sheet of the Farming Sector: Assets, total (Sbil) 305.8 314.9 339.2 ( 4 ) Real estate (sbil) 207 1 213.0 228.6 (♦) Non-real estate (Sbil I 75.9 78.3 85 8 ( 4 ) Livestock and poultry (Sbil) 23.5 23.7 27.3 ( 4 ) Machinery and motor vehicles (Sbil) 31 8 33.8 36.4 ( 4 ) Crop inventories 109 107 11.8 ( 4 ) Household equipment and furnishings (Sbil) 9.7 10 1 10.3 ( 4 ) Financial assets (Sbil) 15 6 16 0 16.8 ( 4 ) Investments in cooperatives (Sbil) 7 2 7 6 8.0 ( 4 ) Debt, total (Sbil) 58 1 61.1 66.9 (*} Real estate (Sbil) 28 4 29 5 31.3 ( 4 ) Non-real estate (Sbil) 29.7 31 6 35.6 ( 4 ) Proprietors' equities 247 7 253 8 272 3 ( 4 ) Debt to asset ratio (percent) 19 0 19 4 19.7 | 4 ) 'Ratio ol index of prices received by farmers to index of prices paid, interest, taxes, and farm wage rales 'Average quantities per family and single person households bought by wage and clerical workers 1960 61, based on Bureau of Labor Statistics figures ‘Annual rate, seasonally adjusted third quarter "As of January 1 1972- Can’t be equaled in heavy, down, tangled hay! Cuts, conditions, windrows, or swaths in one pass through the field... Make one pass around the Held and leave a fluffy swath or windrow of cut and con ditioned hay. The Cut/ditioner excels in heavy down and tangled hay; unsurpassed for making wilted grass silage. Travels in any direction, handles back swaths without trouble. Use it for corn stalk shredding, weed cutting, pasture clipping, cutting straw stub ble and conditioning straw for easier baling. or irav(i sK & m Interested in trying a Cut/ditioner on your farm? Ask us for details. A.L. HERR&BRO. QuarryviUe KINZER EQUIP, CO. Kinzer LANDIS BROS., INC. Lancaster N. G. HERSHEY & SON Manheim ROY H. BUCK, INC. Ephrata, R.D. 2 Selective conditioning. Knives hit only the stems of plants. This conditions the stems without damaging the ~‘ J leaves. LONGENECKER FARM SUPPLY Rheems CHAS. J. McCOMSEY &SONS Hickory Hill, Pa. STOLTZFUS FARM SERVICE Cochranville, Pa. A. B. C. GROFF, INC. New Holland High Producer A senior two-year-old Registered Guernsey cow owned by Church Farm School, Paoli, has completed an official DHIR actual production record according to The American Guernsey Cattle Club. Andrews Millie of C F S produced 10,600 pounds of milk and 503 pounds of butterfat in 305 days, two times a day milking. The testing was supervised by Penn State University. Shropshire Breeders Meet 1 Ivan L. Lindahgl from tne Ruminant Nutrition Laboratory of the U.S. Department of Agriculture’s Research Center at Beltsville, Maryland will demonstrate a new method for determining prenancy in ewes to the Penn-Mar Shropshire Breeders’ Club on April 14th. Prior to this recent development which Dr. Lindahl will demon strate, no reliable method has been found to diagnose ovine pregnancy. Lindahl will show the Shropshire breeders the rectal palpatation method. To make the diagnosis, ewes are restrained in a dorsal position and a probe stick is used. Lindahl will bring ewes from the Agricultural Center at Beltsville for the WEABUV THE TAG ... when you come into Fulton Bank to finance your car! Fulton Bank is continuing its exciting free license tag program! Here's how it works: When you come into any Fulton Bank office and finance a new or 1973, 72 or 71 used car, we will buy the license tags for your car for the length of the loan* This offer good on any 1973, 72 or 71 model car or station wagon—any make, any size, any price. To become eligible, just finance your car by coming into any Fulton Bank office for a low-cost auto loan.. You'll receive free license plates every year for the length of the loan if all monthly payments are paid wh( they are due. It’s too good a deal to pass up. * Not to exceed $l4 per year for passenger cars or $l6 per year for sb wagons. Maximum three years. > 'A EDIT SERVICE V BANK/ _ FULTON BANK SERVING LANCASTER AND DAUPHIN COUNTIE: Member Federal Reserve / F, D. I. C. Will Feature New Test demonstration and also will use colored slid®. Knowledge of whether a ewe is pregnant or not is of great economic importance to the sheepman. In every flock.there are animals which are carried for months on heavy feed because it was erroneously thought they were pregnant. The extra feed not only costs the shepherd an unnecessary amount of feed, but impairs the ewes future ability to breed The Shropshire dub meeting will be held at Micar Farm, the home of Mr. and Mrs. Leon Johnston, on Route 851 about a half mile east of Stewarts town in York County. The meeting will begin at. 10:30. A covered dish lunch will be served. con one r I M
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