Cattle Ranchers Face Economic Strain from Federal Policy
AP analysis by Don Kendall examines how cattle producers from ranchers to feedlots are hit by price freezes, feed costs, and regulatory shifts. It notes Secretary Earl Butz urging higher beef prices for production expansion, calls for shared costs of improving beef production, and mentions federal actions like school hamburger purchases and potential foreign beef embargoes as attempts to ease the industry’s cash squeeze.
MENTIONED IN THIS ARTICLE
Don Kendall
AP Farm Writer
Washington
AFP
U.S
Agriculture Department
North America
Earl L. Butz
Butz
Wray Finney
American National Cattlemen's Association
House Agriculture
Wray
Cost of Living Council
Congress
Administration
White House
New Ball Game In Banking Leasing Says Schneider
Banks and holding companies are rapidly expanding into direct lessor-owners of U S industry through lease financing. Leasing, boosted by regulatory changes since 1963 and 1970, positions banks to own airplanes ships buildings machines and more. Analysts caution rising loan losses in 1973 hint risk as banks chase higher income.
MENTIONED IN THIS ARTICLE
Lou Schneider
North American Newspaper Alliance
New York
New York Financial & Commercial Chronicle
Senate
House Banking Committees
Weekly stock chart shows AP and Dow gains
The AP average of 60 stocks closed at 278.0 Friday up 3.1 from last Thursday’s 274.9. The Dow Jones average of 30 industrials closed at 859.90 up 15.09 from last week’s 844.81 closing.
MENTIONED IN THIS ARTICLE
Dow Jones
Thalhimer Brothers posts peak sales and rising earnings
In Richmond, Va., Thalhimer Brothers Inc reports sales of 83.04 million, up from 74.02 million, with earnings of 3.11 million or 1.80 per share versus 2.85 million or 1.64 last year. First quarter outlook calls for about 15 percent sales gain and 75 to 100 percent higher profits. Last year’s Q1 ended May 5 with net after tax profits of 167,000 on 16.54 million in sales. Grant Levens of Brayton International and L. Paul Brayton Ltd. is noted as director of marketing.
MENTIONED IN THIS ARTICLE
Richmond
William B. Thalhimer Jr
Thalhimer Brothers, Inc
Thalhimer
Vogel named district sales manager for eastern PA and DE
Ray Hubbard announces John J. Vogel will headquarter in Philadelphia as district sales manager for Brayton’s eastern Pennsylvania and Delaware region. Piedmont Aviation declares a cash dividend of 10 cents per share, payable May 31, 1974, to stockholders of record May 14, at Winston-Salem.
MENTIONED IN THIS ARTICLE
John J. Vogel
Pennsylvania
Delaware
Vogel
Philadelphia
Brayton
Winston-Salem
Piedmont Aviation, Inc
Piedmont
Food Stamp Meet Set In Guilford County
Greensboro meetings urged for grocers joining the July 1 food stamp program. Bruce Palmer of the USDA says sessions will be at 2 p.m. and 7 p.m. at the Guilford County Agricultural Center on Burlington Road.
MENTIONED IN THIS ARTICLE
Greensboro
Guilford County
Bruce Palmer
U.S. Department of Agriculture
Palmer
Agriculture Department
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