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PHONE 394-3047 or 626-2191
QUALITY DAIRY CATTLE FOR SALE
BUCK and WHITE HOLSTEIN FARMS
2220 Dairy Road Lancaster, Penna.
JM REGISTERED & GRADE HOLSTEINS 100
HEAD On hand at all times HEAD
CANADIAN—WISCONSIN—MINNESOTA
All cattle hand picked for type, conformation and
perfect udder development, most of them with gopd
production and B.F. records. NOTE: Will deliver from 4
head to a carload subject to your approval to your farm
at anytime
Pennsylvania's Largest Sales Pavilion
Dairy Cattle Auction Sale 3rd Friday Night Every Month
CHARLES C. MYERS, Owner. Phone SSKS
Park Myers. Sales Mgr. Private Sales Daily
PUBLIC SALE
VALUABLE 114 ACRE LIMESTONE FARM
SATURDAY, SEPTEMBER 15,1973
Located in Heidelburg Twp. along Route 987,1 mile
West of Schaefferstown.
This is the actual picture of farm, beautiful all
limestone farm house with 12 rooms, stone fireplace,
house has two baths, at present is laid out for two
families with 2 modern kitchens, 2 stairways, 2 outside
entrances on south side, enclosed porch on north east
and entrance for both sides, cellar under all of house,
hardwood floors, Losch coal furnace with radiator
vapor heat, 190 ft. never failing well, cement block 3 car
garage with shop bench in front, 10,000 bu. potato
cellar which can be used to store machinery, corn shed
50’ by 24’ with 4’ crib on each side, 2 other corn cribs
45' long one 5’ wide, other 6’ wide, large barn facing
south with 2 dens to drive in, set up for dairy, 3 rows
stanchions for 45 cows, rest of barn in heifer pens, barn
cleaner in good condition with new 5 HP motor, 2 barn
fans, 1 on east side and 1 on west, cement barnyard,
bull pen, milk house 16’ by 16’, double stainless steel
wash tubs with stainless steel pipeline to dairy barn for
dumping station, 600 gal. Unico milk tank, 2 tile silos, 1
14’ by 43’, 1 12’ by 50’, 52 gal. hot water heater, water
softener for milk house and house, 280 gal. diesel fuel
tank, electric pump with 20 amp meter, 200 amp
double throw switch, 20 ft. gram auger used for coal
conveyor in house cellar, macadam lane 3-10 of a mile,
farm has 25 acres in good Alfalfa, 17 acres in per
manent pasture, the rest in corn, this is a beautiful
fertile limestone farm for dairy or beef cattle or has
great building opportunities with public roads on three
sides.
Inspection of farm Aug. 25-1 to 4 P.M., Sept. 1 and 8,
I to 4 P.M or by appointment. Call 949-3348 or 272- ,
9757
Condition of sale -10 percent day of sale, settlement
within 60 days after sale.
RAYMOND P. GIBBLE ESTATE
MARK W. HEISEY, Auctioneer
Egli, Walter, Reilly & Wolfson - attys. at law
“,B< B B
at 2 P.M.
Food Prices Headed Higher
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(Continued From Page 30)
of much larger amounts of money
and credit to buy only slightly
larger quantities of goods and
services. It might seem highly
coincidental that more or less the
same thing has happened in so
many other countries as well as
in the United States. It is no
coincidence, however. Modern
nations tend to follow the
examples of others. Democratic
nations have followed the
economic leadership of the
stronger countries, liie United
States has been the example
imitated by many since World
War 11. The total effect of all
countries acting this way in
concert has been a reduction in
the value or purchasing power of
money, whether it be the
American dollar, the British
pound, the French franc, or the
Japanese yen. As money
PUBLIC AUCTION
LOCATION: RUDNICK’S DAIRY BARN, Galena, Md.
SATURDAY, JULY 28. at 12:00 NOON
80 HOLSTEIN QAIRY COWS
This herd consists of many fresh and close springers.. .bred
for fall production. . .Many first, second and third calf cows,
good udders, true Holstein type, good size, showing lots of
production. . .Artifically bred/with breeding records.
T.B. and Bangs accredited,/retested for sale. . .(one of the
best herds being offered at Auction, don’t miss this one)
RALPH TOWERS, (owner) of Ridgely, Md. Sale being
held at GALENA. MD.
Harry Rudnick & Sons, Sales Managers and Auc
finnoArc
CONSIGNMENT SALE
FRIDAY, AUGUST 3, 1973 9;30 A.NI.
on North Maple Avenue, Leola, Vz mile North of Route
23, watch for sale sign.
Variety of Tractors, Farm Machinery, Horse Drawn
Implements, Lumber, New Hardware and Tools, etc.
We have buyers for hay and straw.
Frank & Paul Snyder SALE BY
Robert E. Martin, Aucts. DAVID H. GOOD
Next sale Friday, Sept. 7th.
Not (responsible for accidents.
CRAWLERS
YORKSHIRE SALE ;~ AU
&£ |J AUI Cat 955 -12 A loader
U WW Cat 955 Pedal Steer loader
2-Cat 933 loaders
Friday, August 3rd f?
' J.D. 420 dozer
Show 1:00 P.AA. Sale 6:30 P.M. I Int. 150 loader
FARM SHOW BUILDING tat S??Sder
HARRISBURG. PFNNA. Int . T D9 dozer
_ , ~ A.C. HD7 loader
25 Bred Gilts A.C. HDS loader
2-A.C. HD 6 loaner
24 Open Gilts 24 iS ZfSL
10 Service Boars D “ r
Judge - Bill Funderburg, Greenville, Ohio A C - 11011 Wlth P an
Abe D~ que CONTACT
THE PENNSYLVANIA YORKSHIRE WENGER’S FARM
CO-OP association, inc. MACHINERY, INC.
LEON L ARNOLD, SEC'Y-TREAS.
1245 E. CUMBERLAND ST. My„“w„ p a .
LEBANON, PA. 17.042 Ph. 717-866-2138
Lancaster Farming, Saturday, July 21.1973
becomes less valuable it takes
more of it to buy anything-or, in
other words, prices rise.
Inflation has not been uniform
throughout the world, being more
severe in some countries than
others. This differential inflation
has resulted in the devaluation of
some currencies relative to
others. Differing rates of in
flation are due partly to different
degrees of success with which
countries conduct their internal
and external financial affairs and
partly to different rates of ef
ficiency or changes in the ef
ficiency of production between
nations.
In the past 18 months, the
United States has devalued the
dollar twice; the dollar is now
officially worth about 20 percent
less in gold and in some other
currencies than it was two years
ago. The devaluation was
deemed necessary because of our
large unfavorable balance of
international payments. How did
these unfavorable balances come
about?
Reasons For Unfavorable
U.S. Trade Balance
A number of factors have
contributed to our unfavorable
trade balance. Efficiency of
production has risen in other
parts of the world as compared
with that of the U.S., thus making
American products less at
tractive to foreign buyers and
affecting our exports. At the
same time, a low level of
restrictions on imports of foreign
goods in the United States has
resulted in increased imports and
an unfavorable trade balance in
the past two years. Relatively
low interest rates in the U. S.
have resulted in a flow of dollars
into overseas investments.
American tourists have in
creasingly gone overseas and
spent money. Added to the above
are our military aid and
development program ex
penditures. Over a period of time,
the above factors have resulted in
the holding by foreigners of 80
billion dollars-dollars difficult to
redeem for goods and services.
Furthermore, internal deficit
spending has fueled inflation and
helped to make our exports less
attractive.
Dollar Devaluation Spurs
Foreign Demand
Our balance of payments def
icit was a prime factor in our
successive devaluations of the
dollar. What does devaluation of
the dollar mean in international
terms? That our dollar is not
worth as much as it used to be in
terms of foreign currency. It will
buy fewer marks, francs, or yen
than before devaluation. Or, put
another way, it takes fewer
marks, francs, or yen to buy a
dollar. This makes foreign goods
more expensive to American
buyers and should decrease our
imports while it makes our ex
ports cheaper to foreign buyers
and should increase exports. If
we sell more abroad and buy less,
our trade balance should be
favorably affected and thus our
balance of payments deficit
would decline and the dollar
become stronger.
Our agricultural products
become more attractive to
foreign buyers. A given amount
of francs, marks, or yen now buys
more American farm products
than before devaluation. Demand
for such products from foreigners
increases and our farm exports
go up Foreign buyers are thus
better able to compete for our
farm products with American
(Continued on Page 32)
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