Wool Outlook Report
Smaller domextic supplies
and prospects for only slight
improvement in demand
highlight the 1976 wool
outlook. Stocks of both raw
apparel and carpet wool
should be down considerably
on January 1. And with
estimates of fewer sheep to
be shorn next year, wool
production will likely drop
below the estimated 134
million pounds, grease basis,
of 1974.
Consumption of raw wool
and wool textiles may in
crease slightly next year if
r COW SALE
Having purchased 16 more Purebred Holsteins from Mr. and Mrs.
Burdette Mase, I will sell on my farm, located 2 miles South ot Troy,
Pa., Bradford County, on Route 14, on
SATURDAY, NOV. 2
AT 1:OOP.M.
60 HEAD CATTLE 60
These cows will be just fresh or right ready.
They have size, condition, show milk and above
all very good blood lines. This is the time of year
to cull and put good, fresh cows in your dairy.
BLOOD &T.B, TESTED
CHARTS FURNISHED DAY OF SALE
TERMS: Cash or Good Check Sale Day
808 SLINGERLAND,
, Owner
Troy, Pa. Tele. 297-3777
GEORGE SCOTT. Auctioneer
CHAS. AYRES, Clerk
DIANE WILLIAMS. Cashier
SALE HELD UNDER COVER
REFRESHMENTS AVAILABLE
, FALL season 1
1 STOCKER and FEEDER AUCTION SALE |
NEXT SALE NOVEMBER 1, 1974 |
I
SPECIAL GRADED SALE
PENNA. LARGEST WEEKLY SALE OF CATTLE
S LANCASTER STOCKYARDS, INC. |
PHONE 717-394-261 1 |
wool prices remain stable
and Inflation and interest
rates ease as expected.
Improvements in general
economic conditions both in
the United States and
overseas, especially during
the last half of 1975 would be
very important in improving
textile mill activity, which is
currently at very depressed
levels and experiencing
production cutbacks and
temporary mill closings.
Although wool will continue
to face strong competition
from manmade fibers,
Starting Time 12:00 Noon
All Grades, Breeds, Weights
further inroads of synthetics
are not expected to be as
sharp as in recent years.
Farm prices of shorn wool
in 1974 are running
moderately lower than last
season. Prices have con
tinued to decline from the
highs of 1973, but remain
substantially above the
depressed levels of other
recent years, and indications
are they may be stabilizing
around current levels. For
the 1974 clip, farm prices will
average between 60 and 65
cents per pound, down from
83 cents in 1973. So, with
prices below the 72-cent
incentive price offered under
the Wool Act, producers may
receive small payments on
1974 marketings.
Commercial stocks of raw
apparel woo! will total
around 30-35 million pounds,
scoured basis, next January,
down from 41 million on
January 1, 1974. Lower
stocks are indicated by
significant declines this year
in both production and im
ports, and a moderate in
crease in exports, despite
reduced mill use.
U.S. imports of raw wool
during 1973 were the lowest
on record and have declined
further this year. Imports of
apparel wool through July
were down about 50 percent,
while duty-free carpet wools
dropped 63 percent below
year-earlier levels. Imports
of wool textile products
through the first 7 months of
1974 also declined.
In contrast to sharply
lower imports, U.S. exports
of raw wool are currently
running about 2% times 1973
» I
i
exports. Raw wool exports
for the first half of this year
totaled 2.6 million pounds,
clean content, compared
with 1.1 million last year.
Exports of wool textiles are
down slightly because of
substantially reduced
shipments of wool tops to
Japan, but shipments of
most other products have
increased, especially
wearing apparel, blankets,
and rugs and carpets.
Mill use of raw apparel
wool this year has declined
sharply, reflecting increased
competition from manmade
fibers and the general
downturn in textile mill
activity. Mill use last year
was down nearly 26 percent
from a year earlier and was
down another 42 percent
during January-July 1974.
Prospects are for mill use of
apparel wool to decline to BO
SS million pounds, scoured
basis, this year. Production
of wool woven fabrics has
also declined and is expected
to total less than the 106
million linear yards of 1973.
Despite only moderate
declines in consumer
demand for carpets and
rugs, use of raw carpet wool
dropped 46 percent last year
and through July 1974 was
down another 58 percent
from the same period of 1973.
The decline primarily
reflected the sharp inroads
of manmade fibers caused
by high raw carpet wool
prices and limited supplies
in recent years.
World raw wool prices
have continued to decline
from their March 1973 peak.
For 1974, prices for all
grades have fallen steadily
with the medium and
coarser types dropping more
sharply. Raw wool prices in
world markets are currently
averaging about 35 percent
below a year ago, and
prospects are for little im
provement next year. Global
supplies mil remain tight
next season despite expected
increases in world
production and the con
tinuation of reduced world
wool use and exports. World
supply prospects, however,
Com Mold
Farmers are reporting a
mold condition in their field
com this fall. .Symptoms of
this ear rot is the develop
ment of a reddish mold that
originates at the tip of the
ear and progresses toward
the butt. This is known as
Gibberella Ear Rot and is
caused by cool, wet weather
during the com maturity
period. There is no cure for
the condition in the field.
Com fields with this con
dition on 5 percent or more of
the ears should be allowed to
dry down in the field to at
least 25 percent moisture
before being picked or
shelled. This mold is toxic to
hogs and should not be fed to
them when more than 5
percent of the ears are in
fected. Cattle and poultry
SALE EVERY
TUESDAY
Graded Sale
Ist Tuesday each month
2 P.M.
Horse Auction
2nd Saturday each month
■ fauquleiT
I LIVESTOCK
| EXCHANGE
Marshall, Va
2
H
-.
•i.-'V / •» #•<»»•«•*<
Lancaster Farming. Saturday. Oct 26.1974
appear to be adequate to
meet anticipated demands.
Tight mohair supplies,
continued high farm prices,
and reduced mill use and
exports highlight the mohair
situation. Current supplies
reflect both low beginning
stocks and a disappointing
1974 clip. Production is
expected to be down around
a tenth from last year’s 10
MR. DAIRYMAN
W/LEASE DAIRY CATTLE
FIND OUT ABOUT THE ADVANTAGES OF OUR
LEASE PURCHASE PLAN. WE HAVE BEEN
HELPING DAIRYMEN LIKE YOU uROW AND
PROSPER FOR OVER 11 YEARS.
SELECT QUALITY CATTLE
DEATH LOSS REPLACEMENT
CULLING PRIVILEGES
REPRESENTATIVE IN YOUR AREA
CANADIAN CATTLE AVAILABLE
To Find Out More About These and
Other Features, Write or Call:
DAIRY COWS Flying Farmers Bldg
Wichita, Kansas 67209 Phone. [3l6| 942-1468
LAST CHANCE TO BUY
FEEDER CALVES and YEARLINGS
1250 HEAD - 2nd FEEDER CALF
and YEARLING SALE
November 1,1974 —7 P.M.
Farmers Livestock Exchange, Inc. Winchester, Virginia
Slate Sponsored - Graded - Uniform Lots - All Breeds
I Calves vaccinated for BLACKLEG-MALIGNANT EDEMA
• All cattle eligible for interstate shipment
I Guarantee “No Bred Heifers or Stags" in feeder calves only.
A number of individual calves will be available suitable for 4-H and
FFA Projects
Morris Fannon, Auctioneer P. T. Mclntire, Sales Manager
Write or Phone: 703/662-2946 - office 703/837-1254 - home
NORTHERN VIRGINIA LIVESTOCK INC.
Box 440, Winchester, Va. 22601
PUBLIC SALE
ANTIQUES and
HOUSEHOLD GOODS
SATURDAY, NOV. 2,1974
10:00 A.M.
Located Wt miles South of Quarryville off 472,
2nd crossroad tarn East on Solanco Rd. Along Pump
ing Station Rd.
Hand carved leaded glass bow front china closet,
a museum piece; oak bow front china closet; dry sink
with 3 drawers; jelly cupboard; 1894 blanket chest;
wardrobe; trunk; clothes tree; clothes closet from
Dr. Tinney’s Historical home in Strasburg; rope bed;
roll top bed; iron bed; crib; coach; cottage dresser;
walnut chest of drawers; oak bureau with beviled
mirror; platform rocker; half spindle plank chair;
rocker; square extension table with boards; clover
leaf table; library table; bamboo table; matching
cane chair & rocker; braided rugs; 2 wash stands;
picture frames; shadow boxes; 2 cots; couch; radio;
breakfast set; kitchen cabinet top; Kelv. refrig.;
feather pillows; record player; 2 vol. Webster Diet.;
bookcase, books; collection of gravy boats; tea pots;
2 qt. salt crock; Avon bottles; dated jars; salts; iron
stone platters, plates; set of 8 dishes; button & daisy;
black ammoth; Nontake; Nippon; English onion dish
dated 1859-1882; odd plates; German glass ware; cut
glass; pink, green, frosted glass; old relish dishes;
carnival; elec, tea set for 4; Susquehanna hand cut
glass dated 1910; Bennington spitoon, brass powder
horn; 5 drawer corn dryer; tent; 2 wooden egg
crates; egg separator; 2 toboggans; 3 wagon wheels;
grindstone; drop handle milk can; milk strainer;
grass seeder; metal toys; cast iron book ends; Amer
ican Flyer train; glass & wooden butter churns;
wooden cigar boxes; wooden bucket, planes, cheese
boxes, boxes, apple butter stir; bonnet box; lap robe;
coffee grinder, pewter top; butter scales brass scoop;
spice box; railroad, coaloil lanterns; tin; pewter;
agate; crocks, tin cheese mold; butchering fork, lad
dies; apple peeler; baskets'; hog scrapers; lots of live
plants. Many more items too numerous to mention.
Don’t miss this sale. Not responsible for accidents
day of sale.
Lunch by New Providence Mennonite Sewing Circle.
Auctioneers: Lloyd H. Krelder
Randal Kline
K^va%\w*v*vrr*vriv»\^w»w*v,v f v < \*w»vA
million pounds, grease basis.
Prices increased sharply
during 1973 but have
generally trailed off in
recent months. Farm prices
for August averaged $1.55
per pound for the fourth
consecutive month, but
dropped to $1.20 per pound in
September, as lower prices
for the fall clip were
reported.
Sale by
Aldus J. Peters
51