Lancaster farming. (Lancaster, Pa., etc.) 1955-current, February 07, 1976, Image 74

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    Lancaster Farming. Saturday. Feb. 7, 1976
74
Elizabethtown farmers hear crop statistician
ELIZABETHTOWN -
Monthly farm crop reports
are important In stabilizing
the prices of farm products,
for the benefit of both far
mers and consumers. This
was the thrust of speeches by
William J. Fluke and Chuck
Hammond from the Penn
sylvania Crop Reporting
Service, at the meeting of the
Elizabethtown Young
Fanners recently.
Working cooperatively
with USDA, since IW6. the
Pennsylvania Crop
Reporting Service gathers
information from farmers
and processors monthly for
milk and eggs and
seasonally for many other
farm products. Their goal is
Proposed tax
bites outlined
HARRISBURG Pennsylvania’s taxpayers will pay
approximately $22 billion in Federal taxes as their share of
the cost of the Federal spending budget of $394.2 billion
proposed by President Ford for the fiscal year beginning
October 1,1976, according to an estimate released today by
the Pennsylvania Chamber of Commerce.
The figure was based cm the State Chamber’s calculations
that Pennsylvanians bear 5.58 per cent of all Federal taxes.
If Congress accepts this budget, it will mean a burden of
the following amount* of direct or hidden federal taxes for
residents in each of the following counties:
(We list only those counties within Lancaster Fanning’s
prime coverage area, and surrounding agricultural coun
ties.)
Adams
Bedford
Berks
Blair
Bucks
Centre
Cumberland
Dauphin
Delaware
Franklin
Fulton
Huntingdon
Juniata
Lancaster
Lebanon
Lehigh
Mifflin
Montgomery
Perry
Schuylkill
Snyder
York
The Federal Budget proposed for fiscal year 1977, of ap
proximately 9394.2 billion, was prorated among the states on
the basis of a formula involving tax collections, personal
income, population, and other related data as last reported
by the V. S. Department of Commerce and the U. S. Treasury
Department. This formula was arrived at jointly by the
Council of State Chambers of Commerce, the U. S. Chamber
of Commerce, and the Tax Foundation. Pennsylvania’s
estimated share of the Federal Budget ($21,996,360,000) was
prorated among the 67 counties by the Research Department
of the Pennsylvania Chamber on the basis of their
population, retail sales, market value of taxable real
property, and estimated effective buying income.
to determine the amount of
crops held in storage, being
produced presently, and to
be produced in the near
future.
The need for this
statistical service was
brought on in the 1800's when
farmers moved westward
with rapid production in
creases, poor transportation
of commodities and slow
communications. Surpluses
and price swings were great,
causing instability in the
market for both buyer and
seller.
Today the Service studies
all phases of farm crop
production-past year’s
records, current trends, and
seasonal variations all have
$112,181,000
72,588,000
591.702,000
230,962,000
985,437,000
173,771,000
600,501,000
365,139,000
455,325,000
1,161,406,000
180,370,000
17,597,000
57.191.000
24.196.000
655,491,000
189,169,000
532,312,000
74,788,000
1,588,137,000
46.192.000
235.361.000
50.592.000
552.109.000
a direct bearing on com*
modity future markets and
retail outlet* alike. In ad
dition to people involved in
processing and markets, the
estimates are uaed by farm
organization*, legislators,
(arm supply and service
companies, and bankers and
credit associations.
These estimates affect
prices only on a day-to-day
basis, but it’s the supply
entering the market that
influences the market in the
long run. It would be im
possible to conceal from
buyers an unusually large
supply by estimating it too
low. Conversely, the
producer needs information
about a prospective short
supply as soon as possible.
Official estimates remove
uncertainty about actual
conditions.
Copies of the 1974 Crop and
Livestock Annual Summary
were given to farmers.
Several questions were
asked concerning bow
certain figures were arrived
at. One farmer asked why
the state and county figures
for milk production per cow
Our idea of banking
The things that people used to
believe in are often considered
old-fashioned today. Things like
honesty, integrity
and friendship in
business.
But you’ll find all th
things when you ban
at the Friendly First
- the bank where
you know you
have friends.
You can walk into
any office of the First
National Bank of Strasburg
and get friendly help from
everyone on the staff - includ
ing our officers and managers.
were so low 10,000-10,700
lbs. respectively). Mr. Fluke
and Mr. Hammond an
swered that the figures in
cluded all cows having
freshened once, and that the
figures were based on
fanner responses.
Another fanner brought
attention to what seemed to
be a discrepancy in custom
silo-filling rates. The rate
listed per ton was $2.00 while
Tractor club
elects officers
The Northern 4-H Tractor
club held its first meeting of
the year on Jan. 26 to hold
elections for new officers.
Results of the balloting are
as follows:
Scott Augsburger,
Reinholds, president;
Clifford Martin, Far
mersville, vice president;
Jim Snader, Akron,
secretary-treasurer; David
Koch, Fannersville, news
reporter; Mark Eby, county
council.
Hke First Tlotionoi fcowk of StnoAbun<j.
THE BANK THAT ALWAYS HAD NO-SERVICE-CHARGE CHECKING
STRASBURG EAST KING STREET WILLOW STREET BUCK
687-8611 LANCASTER 464-3421 284-4175
397-4732
the rate per hour was ap
proximately $2O.
The Crop and Livestock
Annual Summary, a 70 page
digest of state production
figures is available upon
\3?/
SURPLUS STOCK
9HJ».
SALE
•250
$455 VALUE
Sales & Service
MILLER'S REPAIR
1 Mile North of Bird-in-Hand
8 miles East of Lancaster
RDI, Bird-in-Hand. PA Phone 656-7013
They always have time to sit down
and discuss your personal prob
lems over a cup of our famous,
fee.
e we're old-fashioned
about our hometown
style of banking. But
won’t find a sharper
ip of banking experts
nywhere!
And you’ll find every
le of banking service
iu need ... the right
solution to your particular
problem. If you like the idea of a
full-service bank that still believes
in old-fashioned standards, you’ll
like the Friendly First. Try us.
request by writing U> Penn
aylvania Crop Reporting
Service, Department ol
Agriculture, 2301 N,
Cameron Street, Harrisburg,
PA. 17120.
WISCONSIN VH4D
AENL
ENGINES
MEMBEft rote