Cedar Rapids Gazette, February 22, 1974, Page 28

Cedar Rapids Gazette

February 22, 1974

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Issue date: Friday, February 22, 1974

Pages available: 56

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All text in the Cedar Rapids Gazette February 22, 1974, Page 28.

Cedar Rapids Gazette (Newspaper) - February 22, 1974, Cedar Rapids, Iowa 14 The Cedar Rapids Gazette: Frl.^ Feb 22. 1974 WASHINGTON (AI’) -With food prices zooming upward again, the administration may be reluctant to lift wage and price controls from the food industry without solid anti-inflation commitments, Cost of Living Council officials say. Kenneth Fedor, the council’s top food expert, said the council hopes it can lift controls from the food industry, along with most of the rest of the economy by April 3(1 Hut he indicated that in talks with food industry representatives. the council so far has been unable to reach agreement on price-restraining commitments. Fedor said he did not know if the administration would seek to extend controls over the food industry after April 96 without such commitments. “I’m not sure anybody knows at this point,” he said. Other council sources, who Lower Interest Announced by Formers Home DES MOINES — The Farmers Home Administration has reduced interest rates on home loans from 8to 814 percent, according to a recent announcement by R R Pirn, state director. “This reduction of interest rate will make it possible for more low income families to achieve home ownership.” Pirn said. The loan program is available to low-income families with not more than $7,000 adjusted income and moderate-income families with not more than $10,4<H) adjusted income who are unable to obtain conventional financing, l/ow-income families may qualify for reduced interest rates. Only homes located in rural areas or communities of not more than 10.(88) population are eligible for finani mg. Over 15,188) families in Iowa have participated in the program During th** past fiscal year 2.700 Iowa families borrowed 35 million dollars of Farmers Home Administration funds for home ownership. did not want to be named, said they believed the administration would have trouble lifting controls from food during a time of rapidly rising prices. Prices of agricultural prod ucts at the farm level were up 8.1 percent in January, the government reported, after a 3b percent increase in all of 1973. Although some administration officials questioned whether controls helped restrain retail food prices at all last year, Fedor thinks they have, especially for canned and frozen fruits and vegetables. and. to a lesser extent, sugar and some dairy products. “When people think controls didn t work in 1973. they are jumping to conclusions. There was a 38 percent increase at the farm level, thats the story of 1973,” Fedor said in an interview Fedor, administrator of the council Office of Food, said it was impossible to estimate how much food prices might have increased without controls last year and how much more they might increase if control* are lifted this year. Once they are lifted, however. there will be a scramble by food manufacturers and distributors to build up their profit margins, which were restrained under the controls program, Fedor said Prices at the* farm level were not subject to controls during 1973 and the food industry was able to pass along the 38 percent increase in farm prices to the consumer automatically. But, Fedor said, the pinch on prices came at the food manufacturing and distribution levels, inc luding supermarkets, because* they were not allowed to increase the* amount of profits proportionate with increasing farm prices. Safety Expert: ‘Can’t Lose Another Farmer’ imam    # M lh awn Neutt MSineimmefA*. • -mw»»,JW — AP Wirephoto Farmland Designs Contour plowed land south of Grinnell provides an interesting background for these farm buildings as seen from the air. High Food Prices Could Slow Lift Of Price Controls By Al Swe’gle* A I Diversity of Iowa safetv expert. Dr L. W Knapp of Iowa City. Thursday called the* farmer “an endangered specie's." "We can’t afford to lose a n 0 t Ii e r farmer today," K ii a p p . director of the school’s accident prevention laboratory, told more than 31) attending the1 Cedar Rapids Agricultural Executives Forum luncheon. “It’s time society pays tilt* bill for some of the hardships farmers face Agriculture is the' third most hazardous occupational group in the nation today ” Ro ti Guard Requirement In the ne'ar future. Knapp said farmers will se'e safety requirements making roll guards on machinery and Court Threat Spurs FHA On Housing WASHINGTON (AP) - The Rural Housing Alliance said Thursday that the Farmers Home Administration, confronted by possible court action. has derided to spend $8.3 million on grants to help build housing for farm laborers and their families. Administration officials a year ago canceled tne grants entirely but later approved $! million for the grant program. The FHA, an agency of the' agriculture department, confirmed that notices to increase the grants were issued Feb. 14 No public announcement was made. (lay Cochran, executive director of (he alliance, said grants are "absolutely essen tial" to build facilities for farm laborers. "Farm workers and their families total more than a million and are the most poorly housed people in rural \merica," he said in a statement. Cochran said a class-action lawsuit was filed in C S district court on January 17 this year, asking the cancelation Im* held illegal. Congress last year appropriated $7.5 million for farm housing grants in addition to $1.8 million remaining from earlier appropriations. Although FHA now intends to spend the $8.3 million it has, the Nixon budget for the 1975 fiscal year beginning July I dot's not call for the program to be continued. Grants were authorized by congress in 1984 to help nonprofit groups and public agencies pay up to 90 percent of the construction costs of farm labor housing projects Linn Cattlemen Plan Program The Linn County Cattlemen’s Association is planning an educational program on beef production on February 27. at the Linn Co-op Oil Co in Marion at 1:30 p m and 7 30 p rn The speaker for the program will Im* Stall Butt, manager of Norris Farms at Havana, III. The Norris Farms, consisting of 12,(88) acres, feature a large commercial cow herd and cattle feeding operation Butt will discuss many items of interest to Linn county cattlemen including adapting a l»eef cow herd to a grain farm No Tax Estimate Filed? Penalty Deadline Nears C-O-M-l-N-G FARM Al LI KINS ti Aa Previously Advertised la The Gazette Farm Pages Soluidu* Feb J J Volt. I 0 rn moth , hh goods Flei tm Petersen. j mi NE of Bede Plum* Clot# out vote. I? JO D rn . cattie, mac ti Merle Milo. 4 mi NE of Center Point Form wile. I?, moth , cor Marvin Boiler, 5 mi S of Mont heifer Sunday. Feb 14 Audion. I?, mach . haul, feed Oon Hoiub, J mi SW of ( us cade Wednesday. Fed I? Cie** out tale. I o rn . mach , Or vine wr.unt I ,mi w of Toddy ii ie Soldi dor March 2 Cloke vole I p rn , mach , min hh goods. Marvin Wiley, J . nu SF of Walker The farmer who did not file a declaration of estimated federal individual income lax by Jan 15 must file his 1973 tax return and pay all tax due by March I to avoid a penalty. Larry Lawson. Cedar Rapids Internal Revenue Service office manager, explained farmers an* defined as those who earned at least two-tbirds of their 1973 gross income from farming. Those fanners who did file declarations of estimated tax by Jan 15 need only complete their returns and pay taxes due by the normal April 15 deadline, he said The penalty for failing to file and pay by March I amounts to six percent interest. Those paying their taxes bv check should "check” their checks before including with their tax returns “The Kansas City service center receives a large number of checks every day that an* not properly filled out," I .aw son reported. "The most common error is failing to sign the check.” Some checks received are made out for the wrong amount while others are made out to department stores, gasoline companies, state tax agencies and grocery stores, he said. • • • When an invalid check is received, the IRS sends it batk to the taxpayer and begins processing the tax return as one on which money is owed, Lawson warned. The taxpayer will be billed tor the amount owed and. in the case of returns received on a due date, a failure-to-pay penalty is added, he said safety guards on power-take-o f f equipment mandatory. forcing more stringent anhydrous ammonia equipment standards, and fort mg hired men to take special equipment training. The roll guard rules are al-r e a ti y being formulated. Knapp said The proposed regulations, which will be published soon, would prohibit farm employes from operating tractors without roll bars "The regulations would not affect the owner and his (anniv who would use the tractor," Knapp said "This may not he good, as more accidents occur with tin* ‘odd job tractor’ than the lugger models." The average tractor today is 12 years old, Knapp said, which indicates that there are a good number of "odd job tractors" around Tricycle Tractors Knapp admitted that it would ho difficult to drive a tractor with an antiroll frame through a dairy barn, "but not many fanners drive tractors thro ii g h harris anymore. They've got ham cleaners " Meat Imports Show Drop Knapp also pointed out that the tricycle model tractors are considered the "odd job tractors" today, as most operators prefer the handling ability of the models with the wide front end “While only 41) percent of the tractors today are of the tricycle type, they account for 80 percent of all accidents," Knapp said. OSHA on The Farm Knapp said tho Occupational and Safety and Health Act rules affect farm employes, lull lie said that he didn’t know if the rules are being enforced. One rule requires the use of a slow nun lng-vehicle triangular safety emblem on farm equipment. WASHINGTON (AIM Despite President Nixon opening the door to more meat from foreign countries last year, shipments to U.S. markets actually dipped below 1972, according to agriculture department figures. Imports totaled I 354 billion pounds in 1973, down from 1.355 billion iii 1972, the department said in a report compiled by the Foreign Agricultural Service N i x o n suspended import quotas in June 1972 for the remainder of that year and continued the open door in 1973. The quotas also have been lifted for this year. The quotas, based on a 1984 law, apply only bi fresh, frozen and chilled beef, veal, in otto ii and goat meal Canned or processed meat is not restricted Most of the quota-type meat is beef used for hamburger and other manufactured products Department officials had estimated imports would total I 4 billion pounds last year But demand among many other countries pulled away large quantities which otherwise would have gone to I S. buyers. For 1974, (JSDA estimates imports of quota-type meat will rise to I 575 billion pounds. Jo Ann’s HOME DECOR CAH STREI YOUR DOLLARS HERE’S HOW Early American Sofa Your Choice of colors Regular $319.95 sp.™,,* 16995 2 Piece Traditional Living Room Set Rich velvet covers-your choice of colors Regular $529.95 2 Piece Spanish Living Room Set. Sofa and matching chair, velvet cover. Regular $519.95 Special $ 2 9 9 95 Special $ 95 Contemporary Sofa 3 Cushion, 84 inch length, long wearing Herculon cover. Regular $339.95 Special $ 239 95 3 Cushion Traditional Sofa Rich vevet cover. Regular $439.95 Special $ 249 95 3 Piece Spanish Living Room Set Sofa and Mr. & Mr s. chairs, beautiful velvet cover. Regular $359.95 Special $ 199 95 2 Cushion Love Seat Decorator Cover Regular $239.95 s..,*9995 Queen Size Hide Away Durable Herculon Cover, 4 inch foam mattress. Regular $419.95 $ 95 Special Velvet Covered Occasional Chairs Your choice of several Regular $1 59.95 Special *6995 High Back Swivel Rockers Top quality covers, many at this price. Regular $1 99.95 Special Solid Oak 3 Piece Bedroom Set Dresser, mirror, chest and head-board. Regular $469.95 Special ^ 2 S 9 ° 5 Mediterranean 3 Piece Bedroom Set Dresser, mirror, chest, and head-board. Regular $499.95 Special ^ 2 S 9 9 ^ Twin Size Hollywood Bed Innerspring mattress, boxspring, frame and headboard. Regular $99.95 sp«i<„$6995 5 Piece Pedestal Dinette 42 inch round table and 4 swivel chairs. Regualr $309.95 Special ^ f S 9 9 7 Piece Dinette 36x60 inch extension table, 6 decorator chairs. Regular $1 89.95 Special $ 139 95 Many Other Specials Not Mentioned Here Terms 90 Days Same As Cash Easy Monthly Payments JU fin 3 JI J), ome 1ecor Sells Beautiful Furniture at 4398 Mf. Vernon Rd. S.E. OPEN 9-9 Monday, Thursday & Friday 9-5 Sat., Wed., & Tues. I -5 Sunday ;