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Look into Futures
THOMSON MCKINNON SECURITIES INC.
jMjq Machine Wort 1
mBSy Welding &
Hardware p |
CUSTOM BUILT WOOD & |
COAL FIRED BOILERS
• Welders & cutting torches
• Custom made farm gates, etc.
• Custom built high pressure washers
• Stainless steel, aluminum and spot
• UPS Service
PLATE SHEARING AND |
PRESS BRAKE WORK I
D.S. MACHINE SHOP ■
DAVID E.STOLTZFUS I
3816 E. Newport Road ■!
Gordonville, PA 17529 u
1 Mile East of Intercourse on Rt. 772 |
ANTIQUE MACHINERY |
ASSOCIATION, INC. I
PUBLIC SALE |
SATURDAY, JUNE 2,1984 ■
10:30 A.M. ■
Annual Consignment Sale of antique I
machinery, tools, parts, and misc. items, I
Penns Cave Grounds, Rt. 192 East, I
Centre Hall, PA. I
International Harvester 3 hp., running; I
Fairbanks-Morse Z, restored; hp. gas I
engine: various Maytag gas engines; various I
hit and miss engines; Delco light plants; small I
2 cyl. aircraft type engine; engines for parts. I
W-30 International, restorable; 10-20 In- I
temational; Allis Chalmers “U”; several other I
tractors expected. I
ANTIQUE EQUIPMENT I
Keystone stationery thrashing machine; 2 I
horse cultivators; fanning mill; other misc. I
3”x4” horizontal steam engine; 18x60 vertical I
boiler; 2” horizontal model steam engine; |
10”xl5” vertical gas boiler; various steam |
whistles; fittings; valves; water tanks; 2 |
Weedon toy steam engines & boilers; Stewart |
toy steam engine. ■
MISC. EQUIPMENT & TOOLS |
Various water pumps; 3 hp. high pressure fruit |
& garden sprayer; 5 hp. Wards composter; |
barn fan; rotary fuel pumps; 8” Sears table ■
saw; B&D 3/8” drill w/press; grinder; wheel ■
balancer; trailer tongues; oil burner; some .
harness items; single trees; eveners, etc., .
plastic pipe; 1 hp. air compressor w/30 gal. J
tank; lawn mower; garden tools; misc. hand *
tools; nuts & bolts, several truck loads of misc. *
Rail road lantern; misc. furniture items; pot
bellied stove, some collectibles; misc. items,
Consignments taken until sale time.
GAS-UP & FLEA MARKET
Exhibitors welcome, Model table in operation. .
Large & varied flea market. Good food and J
camping on grounds. FREE ADMISSION. J
By Dick Slay
Strong moves up in com, beans
and wheat have been attributed to
, potential increased exports to
Russia. Some reports show 60% of
the USSR wheat crop is under
severe drought stress.
A major move in July wheat
from 3.50 to 3.75 was accompanied
by computer buying, short
covering and liquidating corn -
wheat spreads. Will fresh bullish
impulses bring about a test of 4.00?
OF TWO REAL ESTATES
(House & Garage) (Building Lots)
ANTIQUES, HOUSEHOLD GOODS
TRUCK, FARM & LAWN EQUIPMENT
SATURDAY, JUNE 2,1984
at 10:00 A.M.
Loc. at 299 Shultz Rd., Pequea Twp.,
Lane. Co., PA (take Rt. 324 south of
Lancaster to New Danville; at traffice
light turn left onto Marticville Rd.; go 1
block & turn left onto Newswanger Rd.;
then turn right onto Shultz Rd. to sale;
watch for signs.)
Property open for inspection: Sat’s. May 19 &
26 from 10:00 a.m. until 12:00 noon.
PAULL HACKMAN ESTATE
Alspach & Ryder, Attys.
HOWARD SHAUB 464-3541
and Roy C. Probst
SATURDAY, JUNE 2,1984
Cameron, (Steuben County) New York
Sale to be held at the farm just off the
Jasper to Cameron Road. Follow auction
arrows. Near Boyd's Corners Park.
225 Interstate tested holsteins selling; Herd
consists of 115 mature cows: 90 head due June
through December, 12 head recently fresh. 45
calves to short yearlings; 40 open yearlings; 3
service age young bulls: balance bred heifers.
Innoculated against shipping fever, blood and
t.b. tested. Examined for pregnancy. A good
young commercial herd here!
J.D. 7020 4-wheel drive with dual wheels all
around, 3 pt. hitch, p.to. and quick coupler
option!; 2 J.D. 4230’s one with year round cab
other with canopy top; J.D. 4020 side console;
Casel 845 skid loader with 6 ft. boom; J.D. 158
hydraulic loader with new 6 ft. bucket; J.D. 55
combine with cab and 12 ft. grain head; Badger
11000 L tandem axle model BN-230 liquid
manure spreader; Badger BN-184 transport
lagoon pump; N.H. 354 grinder mixer; J.D.
8250 7-18 disk grain drill with grass seeder; J.D.
220 16 ft. folding wing transport disk; J.D. 12 ft.
fitting disk; Brady 18 ft. wing type transport
field cultivator; 2 J.D. 5-16 hydraulic reset
plows, one is on land and other is furrow type;
J.D. 20 ft. folding harrow; 16 ft. harrow;
Bnlhon 12 ft. cultipacker; Graham plow;
McKee 3 pt. #720 snow blower; J.D. 24T ejector
baler; 4 basket type wagons; J.D. 30 ft. hay
grain elevator; Butler 65 ft. ensilage conveyor;
Pincor 25,000 p.t.o. alternator; J.D. 34 chopper
with 2-row com and hay heads; J.D. 6000
blower; J.D. 125 3 beater chuck wagon on gear
with flotation tires; Knight 17-7 heavy duty 2-
beater self unloading wagon; Kory gravity box
on gear; N. 1.3 pt. broadcast spreader; N.H. 516
single beater spreader; N.H. 56 rake; J.D.
running gear; Ferguson 35 tractor with 3 pt.
hitch; U.S. Bedding straw chopper; 61. H. suite
case front weights; set of 18.4 x 38 snap on
duals; No small items!
NOTE: Everything sells without reserve, prior
inspection invited after Memorial Day. Make
your credit arrangements and plan to attend
this large liquidation. Machinery first followed
by mature cows, heifers then calves.
TERMS; Cash or good check day of auction.
Proper identification required! Trucking can
Lunch available! Cattle under tent!
MR. & MRS. JOHN MONAHAN
Auction conducted by
PIRRUNG AUCTIONEERS. INC.
Wayland, New York 716-728-2520
Lancaster Farming, Saturday, May 26,1984-A35
Some analysts say, however,
that burdensome world wheat
stocks and an unwillingness of the
Soviets to give export business to
the U.S. wifi weigh on further price
Soybeans are making an attempt
at 9.00 fueled by speculation that
the heavy bean crush is reducing
already tight carry over stocks. At
current crush rates, bean carry
over could be less than a three
The last time carry over was this
tight (1974), stocks were over five
weeks supply and oil hit 50 cents.
However, South America was not a
large supplier then. Nine dollar
beans and 40 cent oil will be major
psychological barriers for the
market to overcome.
Export activity holds the key to
summer price levels. Russian and
Chinese grain imports could
significantly stimulate U.S. prices,
but officials are quick to note that
neither of these can be considered
The strength of the U.S. dollar is
certainly the major factor in ex
ports. With current rumors of
illiquidity in the U.S. banking
system, the perceived value of the
dollar could plunge, thus helping
However, with the huge
government deficit, government
bonds will continue to offer high
rates and attract foreign capital to
U.S. markets. Buying of the dollar
will serve to curtail agricultural
New crop planting remains brisk
and virtually all of the U.S. com
crop is expected to be in by this
week. Despite this rapid catch up,
marketers are concerned that the
late planted acreage will be very
heat prone during it’s late July
This fear of heat stress on top of
tight carry over stocks is
responsible for some of the firm
ness we are seeing in new crop
corn and beans. December com
and November beans are at
tempting to take out recent highs
at 3.10 and 7.50 respectively.
Most traders agree that with
large acreages being planted so
late and low carry over stocks, the
scene is being set for a very
volatile summer of prices.
Livestock markets continue to
show a degree of bearishness quite
discouraging to the farm sector.
Both cattle and hogs have refused
to rally as slaughter levels remain
above the 125,000 and 300,000 levels
Heavy in-movement of pork
bellies into storage has pressured
futures and bolstered cash prices.
That supply in storage should be
bearish m the long term unless
retail cash markets regain en
Cattle packer margins have been
narrowing as retail demand for
meat has been unimpressive. Hog
processors are in the red and price
rallies have shown no follow
There is little reason to be bullish
in the near term for livestock.
Until slaughter is down and retail
featuring improves, these markets
will continue to be bearish and