Page 4
Mid-Year Farm Price
Trends Told by OSC;
Hay, Potatoes Lead
Hay and pitatoes are about the
only Oregon farm products that
have been bringing better than
average prices recently based on
the past 10 years, M. D. Thomas,
Oregon State college agricultural
economist, reports in his mid
year farm outlook.
Both hay and potato prices are
running well above the 10-year
average level. But Oregon's
principal farm products beef
and dairy cattle have brought
returns more than one-fourth
under average.
The average for all Oregon
farm products at mid-June was 4
percent under the same time
last year and 10 percent below
the average for the past 10 years,
says Thomas. Even so, the worst
of the decline in farm products
prices seems to be past for the
time being at least.
The economist reports the fol
lowing trends at mid-year:
Hog marketings will probably
reach their summer low In July,
then start moving up toward a
November and December peak.
This means hog prices are now
close to the high point of the
year, but aren't likely to fall as
far as they did last year.
Supplies of fed beer, usually
smallest during July-September,
are likely to be smaller this year
than last. And while the supply
of grass-fat cattle may be larger
than last fall, range conditions
are better, especially in Oregon.
This means stocker and feeder
cattle prices this fall shouldn't
take the slump they did last year.
Prices In October and November
aren't likely to be much lower
than they were last fall and
could be a little higher, If the
nation produces another large
t'rain crop and fat cattle prices
hold as strong during the next
three months as seems probable.
Oregon's spring lamb market
broke as usual about the middle
of June, after opening In May at
prices somewhat above a year
earlier. Prices during the next
three months will probably work
down some more, hut aren't like-
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MS
Results of forthcoming Investi
gation of airlines by Civil Aero
nautics Board will be interesting.
Actually, CAB was prodded
Into action by Sen. John Spark
man, chairman of the Senate
Small Business Committee, and
Rep. Emmanu-F
el Celler.rhalr-I
man of House
Judiciary Com-j
mlttce. t
The action
that CAB takes,
or does not
) n o t jti k ' """, fj
couldfv L
take, c
lead Into a
scale Congres
sirmal review c. W. Harder
of the many regulatory bureaus
In several fields that Congress
has set up over the years.
In 1938 when commercial avia
tion was youwr, Congress passed
the law getting up CAB with
authority to regulate routes,
schedules and rates.
But since 1938, although air
travel has grown by many hun
dreds per cent, CAB has consist
ently refused to allow any new
airlines to fly scheduled trunk
lines. In other words, since 1938,
competition has been frozen out
of the industry by bureau edict.
As Sen. Sparkman says "There
Is room under the law to estab
lish additional trunk lines. There
is definitely need for more com
petition." And Rep. teller says,
"I don't believe the CAB has
been abiding by the anti-trust
laws. They have been more or
less rubber stamping everything
the Air Transport Association
bas proposed."
The Air Transport Association
is composed of the 13 major do
mestic airlines.
Now here is a curious aspect.
Although CAB believes airline
profits should not exceed 8, for
the past five years airline profits
fc nilnnal Fwfl.rttlon of Infjgptndmt huitnfai
Iy to go below the same time
last year.
Wheat supports seem likely to
average only 8 cents a bushel
under last year. That Is much
less than the maximum drop
permitted under present legisla
tion. The 1056 farm act boosted sup
ports on barley and oats, so they
will now be around $2.50 a ton
higher than a year ago instead
of $1.25 lower as had been ex
pected. And since grain storage
appears adequate in the North
west, market prices seem likely
to hold close to support levels
less storage costs.
Seed markets are also getting
a new shot of life. Poor crops
in this country and abroad, along
-
STOCK
HEPPNER
Heppner Gazette
A
have ranged from 10.4 to
14.6, after .taxes. Last year
profits averaged 11.8.
Several times In past CAB has
made gestures toward lower
fares, but nothing happened.
Trans-American Airlines, for
merly North American, has long
sought permission to fly regu
larly scheduled runs at substan
tially lower fares.
Yet, In local areas, there Is
every evidence competition has
brought fares down. In Califor
nia, for example, CAB was not
able to stop scheduled air service
by Independent companies oper
ating within state boundaries.
Thus on two hour, 400 mile route
between San Francisco and Los
Angeles, majors fly for only
$13.50. Yet from San Francisco to
Seattle, a run less than twice as
long, but which can only be flown
by two major airlines, the fare is
$32. These are coach fares.
Rate schedules now In effect
should give CAB ample evidence
that to all appearances, airline
tares are based to some extent
on just how much competition
there Is on a given route.
In addition, last year, to very
substantial air mail payments,
CAB permitted over $3 million to
be paid airlines in direct subsi
dies, despite the record profits.
It will be Interesting to see
what CAB comes up with. There
are many Indications that Cong
ress will jump Into the situation
with both feet. In fact, wide
spread brannigan could develop
whereby Congress would Investi
gate to determine If not only
CAB, but the Interstate Com
merce Commission, the Feder
al Communications Commission
and other regulatory bureaus are
not usurping their authority to
foster monopolies. A prelimin
ary study of the trucking indus
try by the Senate Small Business
Committee has already given In
dications this may exist.
with the soil bank, are combin
ing to bring new strength into
the picture.
Oregon hay prices are high,
but the quality of first cuttings
was none too good in many parts
of the state. Hay prospects and
pasture conditions across the
state are much Improved over
last year. So the odds are against
the kind of increases seen in hay
prices during the past two win
ters. However, hay sellers may
be tempted to hold too long, while
hay users will wa"ht to play it
safe and buy a fair share of
their needs early. This should
keep hay prices up at harvest
time.
The spring hatch of laying
chicks slowed enough in April
and May to keep poultrymen out
of serious trouble this fall. Stocks
of fresh and frozen eggs are
under a year ago, and egg-feed
price ratios about the same as
Inst fall, unless an unusually
large number of the heavy breeds
are sold as fryers. Hatchings of
"heavies" through May were up
28 percent over last year and
settings for June showed a simi
lar Increase.
Time
5SW Wlk
Times, Thursday, July
ft
STATE JUVENILE LAWS
Next to refurbishing Oregon's
taxtion laws the problem that
stirs most holdover Senators, pre
sent members of the House who
are up for reelection and new
candidates, is strengthing the
laws on juvenile delinquency.
Juvenile delinquency contin
ued to increase in 1955 and this
years surveys show the same
tempo of worsening.
The last annual report of the
U. S. Childrn's Bureau, 1955,
shows that some 977 juvenile
courts reported for 1954 and 1955
a nine per cent increase in juve
nile delinquency cases.
Estimates based on reports of
383 courts which have been re
porting to the bureau for many
years likewise show an identical
Increase of nine per cent for the
same period.
The latest Federal Bureau of
Investigation Uniform Crime Re
port showed an 11.4 increase in
arrests of young persons under
18 in 1955, compared with 1954.
The report was based on data
from 1,162 cities.
TRAFFIC SAFETY CHIEF
Captain Walter Lansing, vet
eran state police officer on spe
cial assignment as traffic safety
coordinator, was put in charge of
the state's revised and expanded
state police training program by
Gov. Elmo Smith Friday.
As a successor to Lansing the
governor named James R. Banks
who has been assistant director
for the past seven years. Banks
was also named executive secre
tary of the newly organized Ore
gon Traffic Safety Commission.
Banks has served as consultant
for the president's committee on
highway safety in 1949, 1951 and
1956.
OPINIONS ON STATE LAWS
A rule or regulation of a school
board excluding married pupils
from public schools, if the pupils
are otherwise eligible, would be
invalid, Attorney Robert Y.
Thornton ruled recently, with
other opinions including:
A contract whereby a company
for a fee, is obligated to inspect
new automobiles and warrants
the accuracy of its inspection is
not a contract of insurance.
A regular employee who is a
salesman for a corporation buy
ing, developing and selling its
own real estate is not required to
be licensed as a real estate bro
ker. A holder of a State Engineer's
permit to appropriate water has
merely an in-choate right to di
vert and use such water; and
that right is prevented from be
coming a vested right by with
drawal from the waters from ap
propriation by the legislature,
In state civil service positions
employees are not required to be
licensed although their work done
for the state would be subject to
license if done in private employ
ment. The state is not limited
for
4i i
. 4tifJm ' it' MWmim H
For the patio chef . . . give a cheer! Il l charcoal broiled steak . . . and the light,
refreshing beer . . . Blitz Weinhardl
W. sordidly invit. you to vi.il
19, 1956
by a statue unless therein named,
or Included by necessary Impli
cation. STATE FAIR SHOWS BUZ
Helene Hughes, nationally ac
claimed producer of stage shows,
was at the State Fairgrounds this
week making arrangements with
Manager Leo Spitzbart for -the
enlarged performances this year.
Dance numbers will range from
the days of the "Roaring Twen
ties" to the modern day dance.
With the opening date less
than six weeks away Sept. 1
all the commercial exhibitors
space In the buildings has been
sold and concessioners space Is
going fast.
DEMOCRATS WARM UP
At Corvallis Sunday Robert
Boyer, Medford, was elected as
chairman of the Democratic
state central committee at a well
attended meeting with all coun
ties represented and delegations
from all except one county.
Robert D. Holmes, Democratic
candidate for governor, opposing
Gov. Elmo E. Smith, said
this Is going to be the best Demo
cratic year in Oregon history.
Principally because of the cur
rent type of G. O. P. leadership
on national and state levels that
have blind spots for the small
businessman, the farmer and
other laborers."
o
Lexington News
Mr. and Mrs. Dale Hatfield and
family of Lebanon visited last
week at the Don Hatfield home.
Mr. and Mrs. Elmer Hunt were
Lexington visitors on Sunday, j
Mrs. Irene Thomas and child-'
Pay
Keep Your Credit
PIONEER SERVICE COMPANY CREDIT INFORMATION IS MOST VALUABLE.
NO COMMISSIONS CHARGED ON COLLECTIONS.
ALL MONEY PAID DIRECT TO CREDITORS.
PIONEER SERVICE CO., INC.
SINCE 1926
The Merchant's and Professional Men's Own Organization.
OREGON IDAHO UTAH NEVADA DIVISION
Watch For The Green and Black Handbills
With Accounts For Sale
SOMETHING SPECIAL!
- - m e..Wi . B.,n-, rut RllPlMCI V
Discover for yourself the light, refreshing beer . . . Blitz Weinhardl
It's something speciall
... end see how The light Refreshing Beer
ren have moved to Lexington and
will occupy the house owned by
George Steagall known as the
"Peterson home".
WOW! Larro SureLift
To Pep Us Up!
Any of your chickens, turkey, hogs or calves off feed?
Could be serious I Feed 'em Larro SureLift and call your
" veterinarian! SureLift is crammed with extra vitamins,
minerals and antibiotics . . . helpst
IMPROVB VITALITY
t STIMULATE APPBTITES
BOOST BODY RESERVES
LESSEN PRODUCTION SLUMPS
Keep supply of Larro SureLift on band
for all poultry and livestock.
BUILDERS SUPPLY
MELVIN MELENA
lone Phone 8-7242
YOU HI MONiT HU0 WHEN THIY'RI UHQ.HP
Yew li
When Due
and
the light refreshing beer
i, brewed. Guided tour, 10 A.M. to J P.M.,
Mrs. Everett Crump and child
ren of Corvallis, are visiting her
mother, Mrs. Emma Breshears.
Phone Your News to 6-9228.
GO
Good
Monday, through Friday,.
-i..uiiimniiui.ii.aii.i.i
SURELI.
i xev- i" r"wni