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tSa1eiff, Oregon, Thursday, &pri 26, 1956
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SHU CAPITAL J6TlNAfi
BUSINESS MffiROR
No Slmi'taw
Appearing Yet Farmer Isn't Alone
Of Farm Labor With Money Woes
Come Until Berry
Harvesting
Big Demand Will Not new york ai-Sbe farmer
isn t the only one with money
trouble today. Tight money and
costly credit plague many busines
ses especially the smaller and
.... ... least known ones tnnkinp with I
ny MAnuAKIST MAtiEK ,i;fr it. r uTi
raoltal Journal uvii difficulty for the loans or new cap
Capital Journal Writer ital th m u
One thing that has not crime' growth
For those jobs that do need to be! . ., . ,
D.iimtiA oat uh ueiuanu lor
done by hand there is an adequate
supply of men Claude Litchfield of
the local labor office said this
week.
Berry Picking Demand
Both Litchfield and Don Rasmus
sen of the Marion county agent's
office said that the big demand for
labor on the farm will not come
until strawberry picking time.
It will depend on the weather as
to when that will be. though pick
ing is not expected to start until
some time in June. This means
schools will be out and school chil
dren can help with the harvest.
Even during strawberry picking
time there probably will not be the
loans is eiieciively drying up
available funds. Insurance com
panies, with total assets above 90
billion dollars, report they are
largely loaned up in carrying for
their regular customers.
At the same time, rising in
terest rates and investor choosi
ncss are making some new cor
porate financing "sticky," and
have caused some companies and
local governments to cancel ear
lier plans to seek money in the
market.
The prices of marketable U. S.
government bonds have fallen
meaning that the yield on them
has risen in line with the increase
demand for labor there has been in returns on other forms of lend
in past years. The crop will be ing or investing,
somewhat reduced this year, Ras- 0n nrim indicator of the mon-
tiie board isn't trying to make
money tighter t just isn't doing
anything to make it easier.
Why the big rush this spring
to borrow money? Over and above
the usual need for credit in busi
ness operations have been two
factors. One is that business in
ventories have been, climbing. It
takes money or credit to carry
these inventories until they are
used up eventually in production
or through soles to consumers.
A second factor has been the
unexpected stepping up of plans
to spend for new plants and equip
ment. This has usually been ex
plained as an urge to increase
production capacity to meet future
sales anticipation or to modern
ize and thus trim production costs.
But bankers say that fear of
inflation may be behind the rush
of business at this time to build
up inventories and to place build
ing Contracts and pnninmnnl
orders.
tie Reds-
Fire Cepicka
In Cult Drive
Gottwald's Sort-in-Law
Ousted F rowi Parly
And Top Jobs
VIENNA, Austria LfJ-Once one
of Czechoslovakia s most powerful
LonimtmHlA. Gen. Ale.xei Cepicka.
is the hiie.M casualty in thu Red
drive against the "cult of the in
dividual," 1'raguc radio announced
Cepicka, 46-year-old son-in-law o
the late President Klement Gott-j
wald, had been fired from his 1
posts as deputy premier and de-1
fense minister. He was also kicked !
out of the government politburo
and dropped from the Central
Committee of the Czech Commu
nist party.
The broadcast said, "Cepicka j
committed serious mistakes in his
capacity as minister as well as
party leader." It said he was re I
iftowd "frofti enrV sts by I
t If ( ,.. C. It Ml lift A -111 .1 SIM-
icfal meeting April 2 andthat
President Antonin tipotocky nau
approved the commit tea decision.
Czech newspapers last week, ac
cused Cepicka of practicing the
"Cult of the individual." the
charge now being; raised through
out the Soviet bloc against- Stalin
and many of his assuciat&s.
Rohumih Loin sky, Copickas for
mer deputy, was named new de
fense minister by President Za
'petueky. The broadcast said the Central
Committee also adopted an exten
sive reform program including
reorganization of the leadership of
thu nation's economy, reorganiza
tion of courts and state prosecu
tion offices, decentralization of
i tasks of national committees and
reformation of the cuntiy's mass
organizations.
Section 2 Page m
HUNGARIAN Pit ELATE DIES
VIENNA, Austria LH Arch
bishop Gyula Czapik, Hungary's
highest ranking Roman Catholic
prelate not under confinement,
died Wednesday night, the Buda
pest Radio announced. The broad
cast said the 69-year.old Archbish
op of Eser died in Budapest's
Ferenc Hospital after an opera
tion for intestinol cancer.
mussen said this week, because of
ey market the U. S. Treasury's
injury 10 uie pianis. mere nasim j. i,:n cu ,,j, .i.
oecn root ro ana also damage just climbed to 2.788 per cent. ,ie
from wet soil as well as freeze highest cost for such borrowing
damage. since the IBM hank holidnv when
The next big demand for farm I it touched 4.259 per cent. How
help will come during bean pick'
ing season. However, it is still too
early to tell what the demand will
be at that time.
Hoeing Jobs
Right now there are a few jobs
in hoeing strawberries, but ade
quate help is available. Some arc
also used in harvesting asparagus,
for that still has to be cut by hand,
but there are not many fields in
this area.
Sometime between the middle of
May and the end of that month
harvest of rhubarb will get under
way, however, the only growers of
rhubarb are in the Woodburn and
Jefferson areas and these are few
in numbers. This harvest is anoth
er one of the farm jobs that has
not been mechanized. It is pulled
by hand and topped right in the
field.
Stringing beans is a farm job
depending on the weather. How
ever, here there is ample help
and there is a machine that some
of the growers use in this work.
Hops, which used to demand ex
tra labor in the spring time no
longer do. There are now machines
to do the work.
May Overlap
With the strawberry season in
in the valley and the hill area ex
tending over a period of from five
to six weeks it is possible it may
overlap with part of the cherry
picking season. This could mean
an extra demand for farm labor
After the strawberries, the cane
berries wilf begin to bear. The
major cane berries acreage is
Evergreen blackberries and Boy
sen berries. However, gooseberries
are on the increase. Loganberries,
once a heavy crop in this area,
are decreasing and Claude Litch
field at the employment olticc said
there had been heavy winter dam
age to many of the fields of logan
berries remaining.
Red and black raspberries are
also among the cane berries grown
in this area and Rasmussen said
there arc a few commercial grow
ers of blueberries.
Later in the summer there will
be corn harvesting and picking of
cucumbers. Corn is a crop bene
fiting from the machine age and
little hand labor is needed. Most
of it is picked by a machine if it
goes to the processor. Only that
going to (he fresh market is picked ;
by hand.
Harvest of cucumbers does notl
demand extra labor for most of the
patches arc small and growers t
try to see that they have pickers i
from within their area for the ri
pening of cucumbers depends a lot
on the weather.
Machinery Replaces Men
Time was when hay and grain
harvest time meant extra farm
hands, but more and more machin
ery is replacing men. Combines
have taken the place of the old
threshing machine and the hay is
haled right in the field. However,
they still haven't found a machine
to take the bales from the field
.and load them nor to handle the;
sacks of grain. But even here the
demand for labor does not exceed
the supply.
Onions, a major crop in this
area, do not create a labor prob
lem either. The grower can take
cake of preparing the ground and
planting and machinery does the
harvesting. There is a time, how
ever, when they demand extra
help, but not in excessive num
bersthis is when they are toppir
them and preparing them for sell
ing. Also this is a job that may
come any time during the year,
as some growers hold their onions
for sale.
much the Treasury has to pay to
borrow each week usually shows
how tight or easy the market may
be although weekly fluctuations
themselves may reflect on tem
porary or special conditions.
Bankers say the federal reserve
has been following rather than
leading the money market that
its recent hike in the interest it
charges member banks when they
borrow was chiefly a step to get
in line with rising interest charges
everywhere as demands for loans
have risen and available lending
funds have shrunk. Bankers say
Shot Through
Head Causes
SACRAMENTO, Calif, on A
rifle bullet went through William
H. Miller's head but he com
plained only of a "slight head
ache." Miller told authorities his .303
caliber rifle discharged accidental
ly yesterday while he was clean
ing it. The bullet entered just
above his right eye.
He said he walked half a block
for help.
Doctors said there was no brain
damage and called Miller's con
dition satisfactory.
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