BE AN
EARLY TAX BIRD . . .
Let other* FRET and STEW In APRIL
HERM SWORDS WILL DO YOURS
NOW IN YOUR OWN HOME
Call 569-3701 For An Appointment
HERMAN SWORDS, Income Tax Consultant
Lancaster, Pa.
I\EW HOLLAND
team
I for haylage!*
HAYBINE®
MOWER- CONDITIONER
The Model 479 with the 9'-3" cut -■ designed for the
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FORAGE HARVESTER
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flk with Super-Sweep windrow pickup
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Roy A. Brubaker
700 Woodcrest Ave
Lititz, Pa _
Tel. 626-7766
A.B.C. Groff, Inc. c. E. Wiley & Son, Inc.
110 S. Railroad Ave. 101 S. Lime St, Quarryville
•New Holland 786-2895
254-4191
mg:
L. H. Brubaker
350 Strasburg Pike
Lancaster
397-5179
Energy Crisis: What It
Could Mean to Rural Areas
Nonmetro counties weathered the
1969-70 economic downturn far bet
ter than the metro areas. They also
rebounded more swiftly and more
vigorously during the good years of
1971-73.
As for 1974, one ERS economist
expects that nonmetro areas will
again have sizable employment in
creases but that the number of new
jobs will hinge mainly on the im
pact of three forces:
y/ General softening of the econ
omy now underway.
y/ Increasing: pinch on industrial
capacity and resulting shortages in
many materials and supplies.
y/ And, last but not least, the
energy crisis.
Jobs vulnerablo. Recent rural job
gains are especially vulnerable be
cause of high dependence on gas and
other fuels for production, trans
portation, and for the movement of
people to jobs, shops, and so on.
And, many communities could be
hard hit because they depend largely
for jobs on plasti«T'and other local
industries that rely heavily on oil
and gas for feedstocks.
If fuel shortages persist or
worsen, and prices climb, these in
dustries in particular are likely to
feel the squeeze: petrochemicals,
leisure-time products, recreation and
resort enterprises and nonfood re
tailing.
In addition, some economists think
that tight money will keep 1974
housing starts at a relatively low
level, whether or not the industry
faces fuel and related shortages.
Brighter side. There are bright
spots, however. The following indus
tries will probably benefit in 1974
and succeeding years from the
energy crunch: paper and paper
products; coal mining; drilling for
oil and gas; and industrial construc
tion.
Projected allocations of fuel are
expected to assure production, proc
essing, and marketing of increased
food supplies in 1974.
DOlßLlll
■ HYBRIDS
Gjrowti-, cfor 3
PENNSYLVANIA
We here at Doeblers are excited about a
new kind of hybrid corn called WAXY.
According to initial research data, WAXY
corn shows better feeding efficiency
(about 10%) when utilized by beef cattle..
(Research data from- the University of
Illinois and others upon request.)
Doeblers have two varieties available
for Spring planting -64 X Waxy, 103 days
and 73X Waxy, 108 days. In both yield
and appearance these two corns com
pare favorably with regular corn hybrids.
Try a limited acreage of WAXYS this
Spring, "see for yourself" how they
perform and then look for that "easy"
10% increase in efficiency.
Sold By 250 Dealers in Pennsylvania,
Maryland, Delaware and New York
Doebler’s Penna. Hybrids, Inc.
R.D.I Jersey Shore, Pa. 17740
The impact of the forces men
tioned earlier is already being felt
in upward and downward shifts in
output and employment.
y/ Mining employment in Decem
ber 1973 was about 39,000 greater
than a year earlier.
y/ Construction was started on
scores of major generating, gasifica
tion, manufacturing, and other new
plants in 1972 and 1973.
y/ The annual rate of housing
starts in December 1973 was almost
739,000 units lower than August
1973.
y/ Production of synthetic fibers
may have dropped as much as 20 per
cent in the last quarter of 1973.
y/ As many as a third or more of
employees in plants producing rec
reation vehicles have been laid off
since the spring of 1973.
In brief, here is the situation fac
ing key rural industries, beginning
with those for which the outlook is
less promising:
Petrochemicals. Special priorities
may be needed to prevent serious
shortages in drugs and medical and
surgical supplies. Increased feed
stocks would appear to be required
to reverse sharp cutbacks in produc
tion of polyester, dacron, and other
synthetic fibers.
Also required to restore output
would be expanded supplies of pro
pane, both for fuel and as a curing
and finishing agent.
Leisure-time products. Sales of rec
reation vehicles, pleasure boats, and
other leisure-time products could be
expected to plummet if fuel short
ages persist.
Recreation and resort industry. Bar
ring a sharp upturn in gas supplies
in the next few months, the brunt
of the shortages—borne up to now
by winter sport centers —would be
expected to shift to summer vacation
spots, as well as to the motels, res
taurants, and other facilities serving
vacationers en route.
Nonfood retailing. Sales forces
would be expected to shrink a bit,
Lancaster Farming, Saturday, Mar. 2,1974
especially if the economy loses mo
mentum, rising prices take an in
creasing portion of the consumer’s
dollar, and families are forced to
shop less often because of gas short
ages.
Moving to industries with better
prospects:
Paper and paper product*. Demand
for paper and paper products has
been exceedingly strong in recent
years, and the energy crisis could
add to 1974 demand by triggering
a switch to paper from plastic film
and packaging materials. This in
dustry also is unique in that about
a third of its fuel requirements are
met by burning bark, sawdust, and
other processing wastes.
Coal mining. Because of its abun
dance, coal could well be the bright
est spot in the energy picture for
many years to come.
In 1974, however, it will not be
easy to boost output to meet existing
demand. Problem areas include—
continuing labor unrest, difficulties
in meeting health and safety regula
tions, shortages of hopper cars, and
controversy over measures to reduce
the impact of strip mining.
Drilling for oil and gas. Exploration
for oil and natural gas has been
greatly accelerated. Currently, how
ever, there are troublesome shortages
of rigs, pipe, and other drilling
equipment and supplies.
Industrial construction. Many major
plant construction and expansion
projects are underway, and present
signs are that starts in 1974 will
continue at about the 1973 level.
Less homebuilding will also ease
pressure on lumber and cement sup
plies. Production of boilers, genera
tors, and other machinery and equip
ment should be adequate, especially
if car makers reduce their demand
for steel. But low-profit items, like
reinforcing bars and structural steel,
may be harder to get.
[Based on special material by Claude
C. Haren, Economic Development Divi
sion.]
.,
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LANDIS BROS. INC.
Lancaster, Pa. 17601
Phone: 717-393-3906
J 1305 Manheim Pike
23
f I