Illinois News Index

McHenry Plaindealer (McHenry, IL), 23 May 1963, p. 16

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-wgi Slxtera 4M-** T.rf v" ^*/-' tih ^THE McHENRY KJUHBBmIB' ®^^1'^^ fvT*'." (•• '• t r* '*1*7 Thursday. May 33; MB REFERENDUM ON WHEAT MAY 21 IS IMPORTANT TO ALL ^Tuesday, May 21, will be a Mty important day--for wheat growers, for other farmers and for all citizens. It is the date that has been set for voting «p*>n the proposed national wheat marketing quotas for the 1964 crop. ~This election is Important to wSeat growers -- because its outcome will affect their incomes in 1964. It is important to all farmers -- because it is likely to infliionce the shape of future government programs for wheat and for many other farm products. It is of concern to all citizens -- because it will affect the price of food and the cost of farm programs. Some publicity material indicates that the farmers' choice Is simple -- vote "yes" and get $2.00 for wheat, or "no" and get $1.00. This, we believe, is misleading, though the returns from wheat will probably be considerably grealer in if the marketing quotas are approved than if they are turned down. The same acreage allotments will be in effect for the 1964 wheat crop regardless of which way wheal urowers vole. These allotments win be about 10 percent smaller than those in effect for the 1963 crop. Now, suppose that marketing quotas are approved by the necessary two-thirds of the wheat growers voting. Then price-support loans will be available at about $1.30 a bushel (national average) on all wheat grown on the allotted acres. In addition, there will be direct payments of about 10 cents a bushel, but these payments will be miade only on 80 percent of the "normal production" of the allotted acres, as determined by the county officials. Returns from any additional wheat would be only the $1.30 loan level or the market price, whichever the farmer chooses. « , But suppose that the marketing quotas are not approved. Then the price-support loan level would be around $1.25 a bushel. This support rate would apply to all of the wheat produced by any farmer who plants within his acreage allotment. There would be no direct payments. The market pric? might be lower, or possibly higher, than the support level. Farmers who planted in excess of their allotment could not get price support loans, but could sell any amount in the market without penalty. (Loan rates in most Illinois counties would be 5 to 10 cents over the national average). All farmers, wheat growers or not, should be concerned with the outcome of the wheat referendum. Rightly or wrongly, the results of the election may be interpreted as indicating the kind of farm legislation and programs that farm people desire. But only wheat producers can vote. The general public has a big stake in the wheat programs (but has no opportunity to vote on them). The present wheat program is far more expensive than that for any other farm commodity. Costs to taxpayers in the 1962 fiscal year exceeded $1,500,000,000, including about $300,000,000 for storage of surplus wheat. Adoption of the proposed m a r k e t i n g q u o t a p r o g r a m would probably reduce storage costs, but there is no way of materially cutting other costs without reducing the returns to wheat growers. If wheat producers turn down the! marketing quotas, costs to the government might be cut about in half. Most of the remaining cost would arise from the disposal of wheat under "foreign aid" programs. It BAH'AI PUBLIC MEETING CALLED FOR NEXT SUNDAY A Bah'ai public meeting will be held at the home of Mrs. is generally agreed that these programs will be continued regardless of the outcome of the coming election. L. H. Simerl Extension Economist Agricultural Marketing Edward E. Peterson, 1417 Under avenue, Ingleside, on Sunday, May 26, at 3 o'clock, when the speaker will be Dr. Ernest Thyre, retired dentist of Libertyville. His topic will be "Man's Struggle to Maturity." The public is invited to attend. For further information, interested persons may call JUstice 7-8316. REMEMBER -- It's Nye's for McHenry's most complete cosmetic selection. NYE DRUG SHOP McHENRY & SAVE c LEE & RAY ELECTRICS THANKS TO OUR MANY FRIENDS IN THE McHENRY and Surrounding Areas we find it necessary after 15 years at our present location to move to larger facilities. We will soon be moving to our New Modern Store, located at 1005 N. Front Street, Although our new store is closeby it still costs a lot of money and time to move the many items to the new location. With this in mind we have decided to hold a moving sale -p- Take advantage of these special moving prices. It'll save you money -- It'll save us a lot of work -- every item reduced in price. Below is listed a few typical examples. HAND MIXER - * *3 Speed $1088 OSTER ELECTRIC CAN OPENER KNIFE SHARPENER COMBINATION Regular $21.95 SALE *16 65 WEST BEND 12" AUTO. FRY PAN With Deep Cover With Heat Control Immersible Regular $22.99 SALE *13 88 9-CUP PERK $5.95 Graceful new styling -- bright aluminum with copper- color cover. Fully automatic ... no gadgets to adjust. 12 to 30 cup "PARTY PERK" $14.10 Rugged polished aluminum pexk makes delicious coffee automatically. m Steam - Dry IRON s1295 G.E. 20" PORTABLE WINDOW FAN 3 Speed Factory Oiled for Life Retail Price SALE $39.95 *24 95 HOTPOINT MOBILE DISHWASHER .Fully Automatic Requires No Plumbing Alterations No Special Wiring Maple Cutting Counter Top SALE PRICE *209 95 HOTPOINT DOUBLE OVEN Ovens Have Seperate Controls Bake or Broil in One Roast in the Other • Wide Superoven -- Holds 30-lb. Turkey • Thrift oven easily holds a 10- lb. roast. • Calrod heat units • 3000 Super Speed Burner • Automatic Sale *279 [Mi]] HOTPOINT 12 cu. ft. 2-door • Auto. Defrost Refrigerator • 89-lb. Zero Zone Freezer • Only 28" Wide • Magna Seal Door Gasket • Deep Door Shelves • Full Width Crisper • ROLLS-OUT on wheels for easy cleaning, sweeping, waxing. $ 235 00 Thriftiest FRIGIDAIRE Porcelain Enamel 2-Door! • Rust-resistant Porcelain Enamel finish-won't fade! • 100-lb. zero zone freezer with separate insulated door. • Self-defrosting refrigerator section. $ • Twin fruit and vegetable Hydrators. • Frigidaire dependability, too. 269" •asy terms KF! T r? T-nil T "R-F TUC PA1III\/ QCP| LAERATOR J AUTOMATIC DE-HUMIDIFIERS Values up to $129.95 NOW $7950 CHECK OUR PRICES ON FLOOR SAMPLE VACUUM CLEANERS New Sturdy FRIGIDAIRE Washer soaks, washes automatically! • New 12-lb. capacity! • Cleans clothes Inside and out! • Rinses extra-clean and bright! • Suds saver Model WDR-63 saves gallons of water! Ask about exclusive tS-Year Lifetime Tut! $ 199 easy terms Model WD-63, 4 colors or white F1 THE STURDY FRIGIDAIRE WASHER LEE and RAY ELECTRIC 3919 W. Main Street Phone 385-0882

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