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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 2, 1974, Lethbridge, Alberta 18 THE LETHBRIDGE HERALD Wednesday, October 2, 1974 -prm _ 1 1 Britain increases search I Governments worried over increasing hunger World grain production outlook grim for more North Sea oil New York Times Service WASHINGTON The out- look for world grain produc- tion, with governments already worried over increas- ing hunger, has grown worse in the last month, the depart- ment of agriculture reported today. The department's latest projections show that wheat prospects for the crop year that began July 1 are down 8.9 million tons below last month's forecast, and coarse grains, mainly livestock feed, are down 3.5 million tons. The deterioration resulted mainly from weather developments, such as drought in Siberian grain- production areas and frost threatening late maturing crops in Canada. The report said the world was likely to wind up the year with even smaller food reserves than expected, despite a predicted 26.6 million-ton decline in global consumption. The department also gave its first official prediction for world rice crops, saying the outlook was for a decline of 1 per cent. One encouraging element was an indication that less of the grain would be fed to livestock. "It looks like we'll get through the year, but it's go- ing to be said J. Dawson Ahalt, the department's assistant chief economist, summing up the food-supply outlook. The magnitude of the decline in crop prospects was greater than the reported amount of the food reports needed by India to alleviate a food crisis. The department said world wheat production was ex- pected to be 351.6 million tons, compared with 360.5 million predicted a month ago and 367.8 produced last year. It said world feed-grain production was now estimated at 581.8 million tons compared with 585.3 million tons fore- seen a month ago. OUTPUT REDUCED Reduced wheat output in the United States, Canada and the U.S.S.R. will likely result in a further lowering of world wheat stock levels during 1974-75 instead of the modest increase which was an- ticipated on Aug. the report said. "Feed-grain stocks at the 2nd of 1974-75 are currently also expected to be lower than last month's estimate, but this prospect could easily also be reversed since it depends mainly upon the extent of decline in animal feeding rates which has already begun." Disappointing crops in the United States account for 66 per cent of the world's total shortfall in wheat and feed grains in comparison with last year, the report said. The department said the ex- pected drop in worldwide production was the result of reduced crops in Asia. It predicted that the Indian crop would be down five million tons, that of Bangladesh down tons, Thailand, off tons and Burmas, tons. LONDON (CP) -Confident that more oilfields are to be found in the North Sea, the .British government is urgent- ly proceeding with plans to build more drilling platforms. Eric Varley, secretary of state for energy, said five more building sites are urgently needed, in addition to the five already in operation, to keep up with the demand. Estimates of the total number of platforms needed by 1980 range from 55 to 80. Varley's officials said some 13 will be ordered by the end of the year with another 45 re- quired between 1976 and 1980. Most existing gas and oil production rigs are built mainly of steel but" Varley said important finds in deeper areas require concrete gravi- ty structures and that the new building sites in Scotland would concentrate on this type. At current prices, a concrete structure costs an estimated million Varley said he was confident that the government can meet its 1977 target date for platform deliveries re- quired to meet its production target of between 100 and 140 million tons of oil by 1980. So far three British-built steel platforms have been in- stalled in the North Sea. They include the world's largest, towed out during August to British Petroleum's Forties field. The structure is named Highland One and stands in more than 400 feet of water. First supplies from the field .are expected to arrive in Britain in a year. A new oil and gas strike was announced in August by Mobil North Sea in an area about 100 miles south east of the Shetland Isles. The well, in which British Gas has a 10 per cent stake, was tested on restricted flow rates from several zones and further tests are being carried out to establish its commer- cial potential. A reappraisal of data pro- vided by earlier drilling has revealed that there may be a big oil field in the Irish Sea comparable to some of those discovered in the North Sea. CHUCK ROAST or ROUND BONE ROAST SAFEWAY V. NICE Canada Grade 'A' Ib. GROUND BEEF Fresh Regular Quality Ib. 66 C BOLOGNA Olympic In the Piece SPECIAL, Ib. LUNCH MMATS Olympic Mac Cheese, Pickle- Pimento, Chicken Loaf, Pork and Bacon. 6oz. netwt. pkg.....SPECIAL SPARERIBS Government Inspected Pork........... SPECIAL, Ib. 99 SIDE BACON Burnshire Rindless Vac Pak 11b. pkg.............. SPECIAL 1 26 BEANS PORK Taste Tells in Tomato Sauce 14 fl. oz. tin Save on Safeway's top quality meats. They are always close- trimmed excess fat and bone are removed to give you more eating meat for your money. Save on national brands.. .and save even more on Safeway's own brands that are fine quality but sell for less money. Save on frozen foods, dairy-fresh foods, delicious baked treats. Save, too, on a wide variety of non-food items including your favorite health and beauty aids. Safeway's a great place to buy... and save... and save! GET A LOAD OF THESE VALUES AT SAFEWAY COFFEE 2 lectric Perc Grind Vac Pak ID. till mm TWIN POPS Party Pride Assorted Flavours Frozen 6 x 3 fl. oz. pkg. SPECIAL Edwards Regular, Fine or Electric Perc Grind Vac Pak for II BAGS Canterbury OP P, pkg. of 120 1 19 FRESH BREAD Skylark Pioneer Mill Sliced White or Brown, 20 oz. net wt. loaf FRESH YOGHURT Lucerne Assorted Flavours, 8 oz, netwt carton CREAM Lucerne Fresh, 20 oz. net wt carton POTATO CHIPS Party Pride, 4 varieties, oz. net wt pkg. each MANUFACTUR1BA' OFFllltl HASH BROWNS Carnation Ranch Style Canada Fancy Potatoes. _ 2 Ib. Cello Bag 2 for BREAD DOUGH Rhodes White or 100% Wholewheat 5 x 1 Ib. loaves _ _ _ in package, each.......... 1 9 ICE CREAM Snow Star Assorted Flavours, 3 pint carton PUMPKIN PIES Bel Air, 24 oz. netwt size MIXED VEGETABLES Bel Air Canada Fancy, 2 Ib. Poly Bag COPYRIGHT 1960, CANADA SAFEWAY LIMITED VALUES EFFECTIVE in Lelhbridge Oct. 2 to 5, 1974 ;