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BERNARD C. MORRISSEY
Farm & Agri-Business
(jujIAUYI Insurance Specialist
130 S. 4th St, Denver, PA 17517
EXPANDING YOUR DAIRY OPERATION CAN TAKE
A BIG TOLL ON YOUR EQUITY POSITION, AND ON
YOUR CASH FLOW With new investment exceeding
$3,000 per cow, even the best capitalized
dairyman can experience cash flow problems
that crimp, or even prevent, sound expansion plans
Our program—proved over the post four years
. on dozens of dairy farms in the Northeast, from
medium size to very large— provides the best
answer yet to the equity and cash flow crunch ,
How? By increasing the size of your herd without
increasing your indebtedness—that is, by using
__ our equity instead of your own.
TAKE CASH FLOW. You can add 50 cows of your
own choosing (we don't aeal in cattle) worth,
say, $BOO per head for as little as $5OO per month
Conventionally financed, these same cows might
DON’T USE YOUR
EQUITY USE US.
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World champion auctioneer
BRUSH, Colo. - The world
reserve and runner-up world
livestock auctioneer
champions had just been
announced. Terry Elson
turned to his wife, Judy, and
said, “Well, it’s over-Jet’s
go," and started putting on
his jacket. Within seconds he
was sitting again, stunned.
It was hardly over. Elson
was named the 1979 world
champion. He was one of a
record-breaking 100 con
testants who competed in the
1979 World Livestock Auc
tioneer Championship held
here at Livestock Exchange,
Inc., June 16.
At the age of 22, it may
seem like Bison’s auc
tioneering career is just
beginning, but that’s far
from the truth. He’s been
auctioneering for more than
half his life, having attended
an lowa auctioneering
school at the age of 10, sent
there by his parents from his
Curtis, Neb., home.
“I think I was the youngest
cost $llOO per month. Depending on circum
stances, we could double the size of your herd
while reducing your current debt service require
ments Consider the benefits.
TAKE EQUITY Why tie up $7OO to $lOOO in a dairy
cow? You don’t profit from her ownership, you
profit from her milk In our program the equity
that you don’t use for financing dairy’cattle can
„ be used more profitably in other areas of your
dairy business
FOR AN ON-FARM PRESENTATION, please call
or write for information kit including a simple
application
Agricultural Asset
Management Co., Inc.
Mam Street, Salem, New York 12865 ♦ Tel (518) 854-7411
started at age 10
one there,” said Elson. “I
was the youngest ever to go
that I know of. There might
have been some younger
since then, but at least at the
time, I was the youngest.”
Elson can’t remember
wanting to be anything but
an auctioneer. “Ever since
they sent me to that
schooL.once I got started,
then that was all I wanted to
do. I was still in high school
when I first started selling at
the market. I’d get out of
school on sale days-that’s
the only job I’ve ever had.
He entered the Cham
pionship for the first time in
Calgary, Alberta in 1977 and
snagged the title of co
champion of the central
region. “Right out of that
contest I got a job
South Dakota and a chance
to get away from h0me...1
was only 20 and the guy
called me on the phone and
didn’t known how old I was.
When I got up there, he found
out.”
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A former member of the
Future Farmers of America
who once shared a
demonstration project that
made it to the state level,
Elson comes from a farm
and ranch operation. His
parents once ran the live
stock market in his home
town.
After his job with the South
Dakota market, he now sells
livestock for the market
which sponsored him in the
contest, Tri-State Livestock
Commission Co. m McCook,
Neb.
In addition to being the
youngest in his auction
school, he now has the
recognition of being the
youngest in the cham
pionship’s history to win the
world title.
And on top of those “fir
sts”, he was the first
recipient of the World
Champion Ring, valued at
over $l,OOO. Still stunned, he
was handed the keys to a
pick-im truck, inscribed^
PEOPLE’S SALES t SERVICE
Oakland Mills, PA
717-463-2735
N.GL HERSHEY & SON
Manheim, PA
717-665-2271
A.L.HERR&BRO.
Quarryville, PA
717-786-3521
S. JOHNSON HURFF
Pole Tavern
Monroeville, NJ
609-358-2565 or
609-769-2565
STAUFFER BROS. INC.
Chambersburg, PA
717-263-8424
ARNETTS OARAGE
Rt. 9 Box 125
Hagerstown, MD
301-733-0515
NEVINN.MYER& SONS, INC.
Chester Springs, PA
215-827-7414
UMBERGER’S MILL
Rt. 4 Lebanon, PA
(Fontana)
717-867-5161
ZOOK’S FARM STORE
Honey Brook, PA
BINKLEY & HURST BROS.
133 Rothsville Station Road
Lititz, PA
717-626-4705
;
Lancaster Farming, Saturday, 1u1yT,1979
Mew down
your costs
Gehl mower-conditioners do three jobs in
each pass; mow, condition and windrow. That
means you save time, money and fuel And
rugged features like unitized construction and
all-gear main drive minimize costly repairs.
Stop in today and see how the Gehl mower
conditioners can mow down your costs
GEHL 9
FARM EQUIPMENT
“1979 World Livestock
Auctioneer< Champion.”
He’ll use the truck during his
reign this year.
When asked how he felt he
performed the day of the
competition, he said, “I
thought I had done as good
as I could do. I didn’t know if
that was good enough, but I
gave it all I had.”
A lot of doors should be
opening up for a young man
who has accomplished so
much. But, he’s looking over
the situation anu said it
hasn’t changed anything for
him, “not yet, anyway...l’ll
keep on going the way I
have.”
The annual Championship
is sponsored by Livestock
Marketing Association,
Kansas City, Mo., and
conducted by a subsidiary
company, Livestock Market
Digest, Inc., to focus on the
professionalism of the
auctioneer in livestock
merchandising.
MWAV.IW.
Chapman Equip. Center
Chapman, PA
215-398-2553
KING’S TOWN
TRACTOR CO., INC.
Rt. 213 South
Chestertown, MD
301-778-1640
CHAS. J. McGOMSEY I SONS
Hickory Hill, PA
215-932-2615
WERTZ GARAGE
Lineboro, MD
301-374-2672
LEBANON VALLEY
IMPLEMENT CO JNC.
Richland, PA
717-866-7518
CLAIR J. MYERS
Lake Road R 1
Thomasville, PA
717-259-0453
COLUMBIA CROSSROADS EQUIP.
RD 2 Box 62
Columbia Cross Roads, PA
717-297-3873
717-297-2991
PETERMAN FARM
EQUIPMENT, INC.
225 York Rd.
Carlisle, PA
717-249-5338
39