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Newspaper
Ada Weekly News
Location
Ada, Oklahoma, United States of America
Date
Jul 12, 1973
Page
1
A narrator recalls inventing a ladderless method to harvest fruit by tying down branches to make head high espalier trees. He discovers Italian farmers used similar low rows, laments dwarfing delays, and describes dwarfing figs and apricots while pruning overgrowth. He notes lacking a back yard fence to espalier the family trees.
Washington AP reports the National Cotton Council questions how tighter farm payment limits in Congress may affect cotton production and the nation’s protein supply. The Senate approved a 20000 cap, the House may follow, cutting future subsidies from the current 35800 per crop. The council notes cottonseed provides about 15 percent of livestock protein and warns reduced payments could raise prices for other feeds. Prices and outputs for cottonseed, hogs, and steers are cited with 1972-73 production shares and current market levels.
A 1972 SIPC report cites poor books and records as the most common cause of failure among 64 liquidations. Inadequate, inaccurate, or nonexistent records appear in 54 firms alongside mismanagement and misconduct, with high operating costs and lack of securities knowledge also listed among principal factors.
The Agriculture Department reports Upland cotton acreage for 1973 is 6 percent below 1972 but 6 percent above 1973, totaling 13.1 million acres. Severe southeast and Mississippi Delta flooding reduced plantings, while Texas and western states increased. Data cover Missouri to New Mexico with varying gains and losses.
In Salina Kansas AP reports farmers feeling betrayed after selling wheat at low prices before a Soviet influenced market surge. Since July 8 1972 the price rose above 2 60 a bushel then eased to about 2 30 amid fears of a long slide. Local buyers cite transportation as keeping the market bullish.
About 40 Ardmore Senior Citizens Center members marched on City Hall seeking 6600 for their programs after federal support ended April 1. Only one of three county commissioners attended a luncheon. E C Davis pledged to seek a joint city county allocation and arrange a meeting to discuss funding. About 100 participants attended ongoing center programs.
Washington AP A Tuesday Agriculture Department report says farmers will harvest more corn and soybeans this year boosting hopes in the Nixon administration to slow rising food costs. If weather stays favorable, corn could reach 8.9 billion bushels and soybeans 1.59 billion, easing feed costs and encouraging more livestock and poultry production while possibly delaying or reducing export restrictions.
An Agriculture Department report notes turkey consumption grew from 1.7 pounds per person in 1935 to 9.1 in 1972 due to year round promotion. In 1972 over 322 million pounds of whole ready to cook turkeys were processed for chilled birds and 1.4 billion pounds were frozen. Further processing such as pies rose to 639 million pounds last year as 35 percent of output shifts to processed items by 1980. Prices declined from 48.8 cents in 1948 to 18.9 in 1961 while contracts expand to cut costs.
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