HomeMy WebLinkAboutThe Lucknow Sentinel, 1978-11-08, Page 11ri
Farmers bari.dnii,:ig
for interest rates •
Farmers can have big savings by
bargaining on interest rates, Bill Benson,
second. vice-president of the Ontario Feder-
ation of Agriculture told a group of area
farmers today.
Benson told the regional meeting of the
Huron County Federation of Agriculture,
many farmers with a good credit rating had
recently been able to negotiate a much
lower interest rate than was originally
quoted. He added, the practice is not just
confined to the banks, but is general
amongst financial institutions.
Benson urged farmers to be aggressive
in their negotiations. "The :savings are
there but you will never get them until you
ask. Farmers should shop for credit just as
carefully asey do for anything else," he
said.
Benson pointed out interest payments
had become an increasingburden for the
•
province's farmers. "Operating costs have
skyrocketed and the price of new land,
equipment and buildings is nearly beyond
belief..When you combine that with the low
produce prices of the last few years, it
means the farmer is now as dependent
upon the financial institutions as any other
businessman."
The latest figures from Statistics Canada
show that in 1977, Ontario's farmers paid
$204 million in interest charges. This
compares with $187 million the 'year
before. Benson forecast the comVination of
even higher interest rates and increasing
indebtedness would drive the figure still.
higher in 1978.
Benson said he hoped for the sake of the
farm community that the recent increases
in farm gate prices would continue. He
concluded, "we need the increases just to
pay the interest."
Rec association meets
About fifty attended the
Lake Huron Zone of the
Ontario Municipal Recrea-
tional Association (O.M.
R.A.), annual conference
held October 28, in Goderich
at the " High School. The
Conference was chaired by
president, Jack Bird of Owen
Sound. Jack Riddel, Prov-
incial member of parliament
brought greetings from the
Ontario government and
Mayor Shewfelt welcomed
delegates ' to Goderich. Jim
Chalmers of Welland spoke
on behalf of O.M.R.A.
James Montgomery of
Lucknow attended the con-
ference'.
K. W. Robinson R.D.M.R.
(F) of Peterborough pres-
ented the keynote address on
"Who Does What" in rec-
reation stressing that bigger
is not always better and .the
need for factual information
and well organized business
procedures. The success of a
recreation committee, he
said, is dependent on the
decisions made by that com-
mittee and how they are
carried out.
Four participant work-
shops covered topics of
(1) Who Does What in the
Directed Community
(2) The Real Role of the
Non -Directed Recreation
Committee
(3) Municipal Recreation and
the Arts and
(4) Sharing the Cos' - The
Government and You.
Lucknow Sentinel, Wednesday, November 8, 1978—Page 11
Olson's Gravel Pit
Dungannon, Ontario
529-7942
WHOLESALE PRICES
PER TON
C GRAVEL FILL
B2 GRAVEL
B1 GRAVEL
100
TONS
' .15
.30
.40
STONE DUST, SAND .90
CEMENT OR A GRAVEL .95
SCREENED- STONE .95
3/4 STONE 1.60
Compare our delivery prices. per ton
400 200 100 Load
tons tons tons- Prices
.30 .35 .40 ' .44
.40 .45 .50 .54
.50 .55 .60 .64
1.10 - 1.14
1.15 - 1.19
1.15 - 1.19
1.80 - 1.84
Prices include delivery up to 2 miles Add 10c per mile over 2 miles
Dozer and scraper available for a Good. leveling lob
Resource people for thea—
workshops included Dave
Wenger and Elmer Wick of
Mount Forest, Gord McGar-
vey of Kincardine, Mike
Dymond of Goderich, Clair
Fowler and Bill Coulter of
Port Elgin, Clare Christie of
Owen Sound. Marg Caviller
and Marilyn . Struthers of
Grey -Bruce Arts Council,
Ruth Wolfe of Clifford, Jim
Zettel, Hanover and Bud
Bitton, Al Sinclair, Melanie
McLaughlin, Consultants,
Ministry of Culture and
Recreation.
A resolution from the floor
supported the Field Consult-
ants pf the area and asked for
a return to former services
supplied by such people.
Howson Mills
ELEVATOR DIVISION
Receiving
New. Crop Corn
• Fast Unloading
• Probe System, for Corn
• ; Sed 1, Store or Contrarct. your Corn.
HOWSON & HOWSON LTD.
9LYTH 523-4241
ELEVATOR: 1 mho; oast of myth
Off county Rd. 25
• PHONE 523-9624.
1
2
99
6 ea.
Heavy Olive
Duck Parka
a -Zipper -front parka has pile
upper body lining, quilt lower
lining, quilt lined sleeves.
Olive colour. Size 36-46.
546-806
Pile -Lined
1088
Suedine Vest
Zip -front With warm pile
lining and double knit side
inserts. Long for kidney
pproxection. Tan colour.S, M,
L; XL.'........ 546-900
Prices In Effect Wed., Nov. 8th Thru Wed., Nov. 15TH
Lucknow District Co-op
Phone 528-3024
Ffl ANCING
AVAILASIE
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