Lancaster farming. (Lancaster, Pa., etc.) 1955-current, November 15, 1975, Image 19

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    Lancaster County better than average;
continued improvement seen
By Dieter Krieg
LANCASTER-“If the rest
of the country were like
Lancaster County, we'd be
along way towards solving
some national problems,"
proclaimed Dr. Edward
Boehne, a young banker who
was raised in Indiana and is
now senior vice president of
the Federal Reserve Bank in
Philadelphia. It was no idle
boast, as Boehne came
prepared with observations,
statistics, and general
knowledge to back it up.
The occasion for making
the remark was the 15th
annual Agriculture-Industry
Banquet held Thursday
evening at the Farm and
Home Center. Boehne, who
accumulated an impressive
record in his seven years as
a banker in Philadelphia,
spoke to an audience of about
200 farm and-urban citizens
on the subject of “Where the
Economy is Heading - Good
News and Bad News as I see
it.”
To begin with, Lancaster
County is better off than
most other areas of the
BEACON
BE AC p N
BEACON “38” CRUMBLES is a coarse textured dairy concentrate formulated especially
for use in these two states. High in protein (all from vegetable sources) it balances the
can grow most economically and efficiently on Pennsylvania and Maryland
farms.
It contains a blend of all essential ammo acids, the building blocks of proteins. Used as
recommended, you can be sure you are meeting the protein requirements of your cows
and young stock.
All known requirements for minerals and vitamins are carefully balanced by using the
highest grades of calcium, phosphorus and trace mineral sources.
BEACON “38” CRUMBLES can be used as a top feed in mangers or bunks if additional
protein is needed.
BEACON FEED PRE SERV. A new product developed that can be
used with Beacon ”38" and with new corn and cob chop. It
keeps your corn from heating and increases palability of your feed.
CLARK DAIRY SUPPLY
Rising Sun, MD
VAN-MAR FEEDS EARL SAUDER, INC.
Leesport, PA New Holland, PA
H. M. STAUFFER & SONS, INC.
RICHARD B. KENDIG
Phone 302-478-3058
country. Unemployment is
lower, the economy is
stronger, and it’s likely to
continue this way.
Boehne described the
“good times" of a decade
ago and cited several
reasons for the abrupt end
which plunged America into
the “worst adjustment in a
generation.” But the
economy is now going for
ward again: excess in
ventories have halted, and
14 million new jobs have
been created since last
March.
“For 1976 I see the
moderate rate of recovery
continuing - income is ex
pected to rise by over $lOO
billion, 92 per cent of which
will be spent.” Housing,
which is now the economy’s
biggest problem because of
being out of the price range
of the average family, will
continue to be a problem
until the pricing dilemma is
corrected; a boost from the
government is not forseesn.
Agricultural output in 1976
is expected to be higher and
as a “best guess," prices for
L r *»
BEST USE OF HOME GRAINS PROMOTES
HIGH MILK PRODUCTION
Witmer, PA
Beacon Feeds York PA Phone 717 843 9033
farm products will “Just
about average this year’s."
The bad news is that
agriculture costs are ex
pected to rise faster than
gross income, which adds up
to less net income. “I would
categorize farm income as
far to good in 1976," the bank
executive said.
All put together, Boehne
sees a moderate upward
trend in the economy and a
gradual lowering in the
unemployment rate. Lan
caster County’s unem
ployment rate, which is
already significantly below
the national level, will
continue to decline to about
five per cent, according to
Boehne. The national rate is
expected to level off around
seven per cent. “Double
digit inflation won’t rear it’s
ugly head in 1976," he added,
explaining that the inflation
rate for our Bicentennial
year would hover around the
five to six per cent mark.
“This is what I believe is the
most likely course of events,
and it is the predominant
”38” MIXER CRUMBLES
FEED PRE SERV
W. L. MUMMERT CO.
Hanover, PA
NEW FREEDOM FARM & GARDEN CO.
CHESTER WEIST
Phone 717-741-2600
BEACON FEEDS
V \
in economy
WITH
THARPE & GREEN MIU
ROBINSON BROS. McCR Sn EI !u S r FEED
Delta, PA MILL, IRC
Manheim, PA
New Freedom, PA
view of many others tn the
country," Boehnc said.
"But I would be less than
honest with you if I didn’t
add my own "gut feelings”
to this acount,” Boehnc
continued. “There are three
big question marks whick
come to mind regarding this
outlook,” They are: energy,
banking, and New York City.
"The best laid predictions
can be laid aside by oil,” he
explained. Banking has
become more cautious
because lending institutions
must protect their in
vestments more closely,
and a default on the part of
New York City would “take a
big chunk of money out of all
of us.”
In concluding his remarks,
Boehne said: “There are still
greater sales to be made;
more goods to be produced;
more cattle to be raised;
more jobs to be created - you
people out here have what it
takes to get it done.”
Churchvilie, MD
R. E. RUDISILL
Phone 717-854-2281
nutter Firming. Saturday. Nov.l97s—ij
Pa. breeders
do well in
Hereford contest
HARRISBURG - Penn
sylvanians scored well in the
polled Hereford classes as
breeding cattle Judging got
under way Nov. 9 at the 19th
Keystone International
Livestock Exposition at the
Farm Show, but Texas
dominated the horned
Hereford contests.
The grand champion
heifer among the Polled
Herefords was a product of
Penn State University,
University Park. Another
school, the University of
Connecticut, showed the
reserve grand champion
heifer.
Grand champion bull
honors in the Polled
Herefords went to Charles
Smith Si Circle R. Farms,
Hebron, Conn. Calumar
Farms & Myron Jean Sevick
of Portage, Pa., won reserve
grand champion bull.
Calumar Farms also won
the award for best six head
and was dubbed premier
exhibitor in the Polled
Hereford classes.
In the Hereford classes,
the 07 Ranch of Bronco,
Holly
tour slated
The Lancaster Branch, Tickets are $2.25 and may
American Association of be obtained on the day of the
University Women, will hold tour or by sending a self
their ninth annual Holly addressed stamped envelope
Trail Tour on Saturday, Dec. to'Mrs. Shirley Offerman,
6 and Sunday, Dec. 7 from 1-6 1325 Foxcroft Drive, Lan
p.m. caster, Pa., 17601. Checks
Refreshments will should be made payable to
be provided in the Lancaster, Pa. Branch
Fellowship Hall of the A.A.U.W. Special rates are
Church and a holiday available for groups of tenor
boutique will be open more and may be purchased
featuring baked goods, j?. advance from Mrs
handicrafted decorations slurle y Offerman.
and gifts.
CATTLE
HEAD
ATE
AARON S. GROFF & SON |
FARM & DAIRY STORE 1
RD3, Ephrata, Pa. 17522 [Hinkletown] Phone 354-0744
Store Hours 7 A.M. to 9 P.M.
Closed Tues. & Sat at 5:00 P.M.
Texas, showed the champion
bull. Reserve champion bull
honors went to WUdeaen
Herefords, Unlontown, Md.
The 07 Ranch also won the
champion female award.
Wildesen Hereford again
followed with the reserve
champion female.
Competition among five
breeds took place at the
Junior Beef Breeding show
Nov. 10,
In the Angus competition,
Shane Neslus of Brookston,
Indiana, had the champion
heifer. The reserve cham
pion heifer was shown by
Bruce Allen of Tewksbury,
Mass.
The grand champion
female in the Charolais
classes belongs to Lori J.
Smith of Landenberg, Pa.
Gordon R. Smith of Lan
denberg showed the reserve
grand champion female.
Harris Wright of Ab
bottstown, Pa. had the
champion heifer, and Becky
Brashear of Frederick, Md.,
had the reserve champion
heifer in Hereford com
petition.
Trail
FOR THE
CATTLEMAN
WHO DOES NO
TIME TC
L WITH
PMENT
CAN'T
ND ON.