HomeMy WebLinkAboutThe Goderich Signal-Star, 1969-04-17, Page 19vi,
Ontario Farmplant
Toronto: The Royal Bank of provisions at the rate of interest "These managers have. been
Canada 'today announced the then in effect," said the bank. given courses covering economic
introduction of - a new "We consider Farmplan and,Fil,, principles and their application
"one-stop" farm lending as being complementary to one 'to, agriculture; farm accounting
programme for the province of another. In negotiating with and analysis procedures; and a,
Ontario. clients we expect our managers review of special problem areas
Coinciding with the to decide on the plan which will in farm management.- In other
announcement !,the bank best fill the needs of each words our managers are in a
presented a $5,000 grant to the individual customer." position to provide the farmer
University of Guelph's College FOUR CLASSES OF LOANS , with something more than just
of -Agriculture t. to support There are four classes of credit!"
research in farm finance and Farmplan loans: Operating
agricultural economics._,loans; purchase _-,.,of breeding
NEW LOANS of agricultural
°In announcing the nmplements and .equipment;
lending policy , - clubbed construction and renovation of
"Farmplan" - the Royal stated farm buildings. ,
that: "Today, more than ever,' Farmers can borrow under
availability and -use , of credit is , each and any of the four classes
essential, so.- that a, farmer can but at different interest rates,
gain access to meaningful repayment periods and security.
amounts of capital. This has A G R I C O L T U R A L
been brought about because of DEPARTMENT. ,
the cost -price squeeze and Two years ago the Royal
changes in technology. farms. �-announced the formation of an
are rapidly becoming larger --
both in d' acreage and capital
investment - with the result
that the modern farmer needs
credit " with specialized
repayment terms. In other
words, a spokesman for the bank
said, "today's farmer wants a
credit plan which is adaptable to
, his needs. We feel 'Farmplan' is
flexible enough to meet most of
his requirements."
The `Farmplan' Loan is a new
sept of `one-stop package
e' lending enabling .a farmer
meet most of his agricultural
ds "at, any one of our
ches in the farming areas of
ario," said the Royal.
1 explaining the basic
)sophy behind their new
ng pro ramme , the bank
d that they were aiming
arily •at the business -
farmer: "who knows what
nts and- where he is going."
(though conventional
ral security is still a
etllent," continued, the
4
4
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4
co
typ
to
nee
bran
Ont
It
phis(
lend.
state
prim
man/
/
he wa
"A
collat
requir
Roya
t!inc tea
given t
loan c
operati
collater
Bank spc)kesmatl'•MANAGERS TRAINED,
sed emphasis . will be „
o the need for basing the ``Our new policy of lending,
)n a carefully planned continued the hank spokesman,
tri -- rather than on which' is ha
agricultural department to
devote its full attention to all'
segments of the agricultural
community and "...to develop
and co-ordinate- an agricultural
programmejor the bank."
The Agricultural Service
Representative for the province
of Ontario is George W. Arnold
whose t'9ffice is located at 20
King Street West, Toronto. Font-
other
oarother agricultural service
representatives are located in the
Prairie provinces of Manitoba.
Saskatchewan and Alberta.
All five men tare agricultural
specialists and have extensive
backgrounds • in the areas Of
agricultural economics, I farm
management and farm credit.
• "'These specialists," said the
Royal, "maintain an 'open door'
ta the 6:00-odd.hranches we have
in the four provinces. This
means that our managers; who
have full authority tog rant loans
for over 90• per cent of all
applications received, are able to
call on these experts for
consultation at any time.
$5,000 GRANT
To -mark the -announcement
of their new farm lending policy
for Ontario, •thee bank presented
a cheque for $5,000 to tile '
University of (,luelph.
The grant,. which- was
accepted by N, R. Richards,
Dean- of Agriculture. is. to be
used for general research in farm
finance by the agricultural
economics department of theuniversity.
"We felt we- should dO
something that would assist the
very worthwhile research efforts
being made by this university
towards helping the
businessman, farmer '-of today
and tomorrow'," said the bank
spokesman.
Durand
joins GFO
committee
Butter support holeisting - holder who is
ds
x
The support price on butter, quota ,
effective April 1, continues at discontinuing dairying.
the former level of -65 cents per The present provision that
pound for butter grading 40 quota -reallocation to a new
score, the .Ca"nadian Dairy shipper must be for a minimum
Commission has announced. of 100,000 pounds_ of milk
The support price on (3,500 pounds butterfat), will
spray -processed skim milk Continue with respect to milk
powder will also remain at the shippers. ;There will be a lower.
present level of 20 cents per minimum, to be announced
•
pound for powder meeting later, for cream shippers. e
commission quality- -.
specifications.. -Lini . it
The support price on white
pound, the same as in April,
cheddar cheese. mannfactured in DOWar5
April, 1969, will ,be 4.1 cents per
1968. 's'h'e -support price on
cheese made on and atter May 1
will be announced later. '
The fate of subsidy payment,
ts
as announced today by th
Minister of Agriculture, w ill be
S•1.25 per hundred pounds of
milk, or :35.71 'cents per pound,
butterfat. To finance the cost of
surplus disposal the c•o.rltmission
'will .hol`d bark from subsidy
payments an average of 29 cents
per hundred pounds on milk
deliveries. 'There will ; bc' a
differential rate of holdback on
., deliveries up, to quota and on
those in excess of quota. For
deli\eries up to quota the rale
will he 26 cents per hundred
pounds of` milk (7.13 (•e'nts per
pound butterfat l., On deli\c�ries
in excess of •quota the .rale will
he i)2 cents per hundred pounds
of milk (1.1.81) (-erns per pound
butterfat )-
The rale c• )I' holdback from
Philip Durand of Zurich in
Huron County ha joined the
Iluron County General Farm •
Organization campaign
committee. Mr. Durand k the
Ontario Farmer's Prion district
director for Huron and Perth. He
is also on the extyctttive :of the.:
Ontario Farmer's 1.0ion.
Mr. Durand's announcement
was made . following a district
meeting a_ t which. Waller \liller
• spoke. _ '
'l'ogether with \Ir. Durand on
the Huron Committee are Elmer..11unter, George _Smith. George
sed first and Robertson. and Jack Stafford.al alone." foremost on the profitability of -Mr. Durand emphasised that
the farm's operation, means that he. .was not acting on the (� F(
"The_
does no
Improve
continue_
opinion
costs an
the loan,
Farmplan programme-
t close the door -on Farm our branch managers Ct)mmi(tee in, the name. of the
nlent 1:01(15 We-.'.. •E'spe'cially those in the rural areas O1•'1. hilt was 111 ng ,as a {inner
to make sheen if, in the must have a good working -who, is concerned about farmers
of our managed'the knowledge of general farm and their welfare.
d risk associated with production economics, with
justifies the use of Fit, i-p('('l1Ic relerenc•e to farm
,O ,
management.
POURED
CONCRETE
SILOS
WE BUILD THEM STRONGER
TO LAST LONGER
Will lend themselves for any kind of'storage.
• Ensilage, Hattage, High -Moisture Corn, etc;
• A cement chute never needs repair.
* 6" wall for greater strength and longer life.
SILOS, ELEVATORS, AND MANUHE iAiviiS.
• We also install roofs_and_acc.essories. ._.
Over 15 year of Silo Building Experience.
for better quality and better price.
RR 1, Match
Scho
•
'cream shippers will Continue al
. the present level of one cent per
pound of butterfat, but the rate
of holdback 00 both mi1k and
cream will he subject to
adjustment, if the recent trend of
increasing supplies . of butterfat
continues.
'Me (011101 issio0 stated that I t
will not he able to increase the
subsidy g1101as of present quota
holders, or to provide quotas to
{.hose who d(>' 101 how hold one.
Cept by reallocation on the
purchase pit' the -dairy herd of an
Charles G. Munro, , president
of the ' Ontario Federation of
Agriculture has said that the
OH':\"tuft' su v arts th>',diniitirrg
of "the present lowers held by
the Ontario Humane Society."
. I i'e says that the support'
"stems from the arbitrary way in
which li\ estock °has been 'seized
and taken from the premises and
Maintained elsewhere at the cost
(1f the animal ownr."
\lu.nro asks that "the
people of this great and
e`panding pro\ ince of Ontario,
if they are concerned for the
actual principles involved, to
write to the ministers involved
\vitt tele' • new legislation,
sholking full support of their
action." -
1 ic.federation, president asks
also "Chat individuals' stop to
think logically and ''avoid the
enlot Ionall\ ,charged
presentations agaiast the bilis."
1h. points 061 that numerous
• zea1UIs \vilhin the Humane
Society.
art' emk,
atln a Most.
tmlforlu,nate backlash on the
general ` fanning °(nnuttunity
hecauu' of 1.011(.11 ignorance
concerning farming and fanners.
"Il is more sensible to use
•tra\ cats and (togs._to save the
lives o1' human, Wings land yrs.
other animals l ,from .various
diseli�es shall to have the
- 1Itllmane •,ocieet\ specialists put
theme to death.' he concludes.
\b `.IunrO sa\ ,...that this wilt be
,;1.t conlplished t{trough the
medical and veterinary research.
11 Phone 348.8701 or 348.9967. .
• Member Ontario Silo Association.
onde rwoerd Bros.; Ltd.
UNDER
OUR SE
AND
-OPER!
SHORTLY
IEW MANAGEMENT
RVICE STATION
RESTAURANT
411 H
GO
URON RD.
DERICH
never talk to
a machin,..:
it just ain't
human
In our business, we use many marvels of th'is mechanical ag' c. "There's a machine
that can divide the distance t� Mars by the speed of light and give v01.1- the ans_vtier
in seconds. There's another -that ,can calculate faster than .the mind can think.
.
We never let them talk. to customers:
We -refer the more olid fashio.n'ed way of helping our customers . people
talking to people. After all, we're inters ted-, in\our 1ndividu it yue:stiorrs t:our
telephone calls, your problems and requests. .tall.i lg to -volt, we. can he under -
.standing and helpful. .
We're human. Machines are fine, the\ help us bring \ou better, more efficient
service, hut they'll never replace our People.
MEET OUR'MAN-AGEMENT
D. ' A. ROLSTON --
Manager
D. J. McMILLAN
Office Manager
GODERICH, ONTARIO
Expand OFA i
The Ontario 'Federation of
Agriculture farm -machinery
importation program will now
assist . farmers across Canada
whine rebating money to buyers
in Ontario.
This was revealed today by A:
Roy Coulter, chairman of the
OFA Farm Machinery
Importation Committee. He said
that the Qh'A is presently
helping to establish impartation
programs with member
organizations of the Canadian
Federation of Agriculture in six -
different provinces. , He lists
these -. _as ,rte-B3rjctish ,Columbia,
ALber-ta, Saskatchewan,
Manitoba, Nova Scotia, and,
Prince Edward Island,
He revealed that the
Federation • will also put
members of these organizations
in contact with ' personnel in
Britain.
Concerning -his own program.
Mr. Coulter said that some
purchase rebate money will be
Shade for beef
cattle
}low much is it worth to have
some shade front a hitt summer
•sun?
Dr. R. 1). Clark o1' the Canada
Department' of Agriculture's
' Lethbridge (Alta.) Research
Station boosted beef presfits by
-15 cents for 'ever} 1 0 pounds
of gain by providing shade for
yearling steers being self -fed
ground barley on an irrigated
grass -legume pasture.
i
Sheep farming
TAR►. TliUnb
ran
returned to a nurillber of fanners
who have ordered auachiner'y, ale
pointed out that purchasing
agents in the United Kingdom
have accomplished the operation
at " costs lowers than were
anticipated.'
The committee chairman said
that inquiries from individual
farmers have
from "Qnee.
The "original OVA worm
was started to illustrate, the
inflated. mark-ups, in tam,
machinery, This was. laSt year..
.The program has expanded ..new ;
to include pos sibie operations
coast-to-coast.
Scientists are currently
(xperirrlenting with ideas that
could move sheep farming from 9
the • hillsides into total
confinement under an
automated system.
\ team of four ,scie-ntists i:11
the .\animal Research Institute of
the Canada • Department' of
.Agriculture are working on this.
Their goal: dev elop
Management and strains of sheep
that will produce at least two
lambs per latter twice a' year.
hree?
ti ou need T hree •D\ ings .recounts.
1 0 pI'O\ Ide \ 011 \11111 the uI'eatesl W1101.1111,01
Illlel'es1 011 \01.11'..sa'\ 111 at 1hC ~aide time,
assure \ 011 nla\111111111 11l011e\ t1C\j111111 .
ILcloi la_;lild O1.C\ stere. \011 tO adopt.Oul'
1 hree-.Account. Plan.
\\ iii>th Our 1 hree--ceou.nt• Plan. \ou eget
4% ('n tall: III,:'.s aee0Ullt alld
\oft nmrtl ile chCLIYIe, 011 II.
5lAE7E1 OIl a sl)eetal Ii]L's aeC111101 011 \1111e11 yOit
Ill.l\ // of \\ I I le c I.1eli lle, 11111 Iron.) loll ',\ Il len \ 011 •{lla\
ltla4�e \v
1111(.11:.1 an\ 111110.
73/4(r7) 011 ( roar;lnteevl 111\,e,llllenl Certificates.
Start Satoda\.at lona and (ire'.
VG
VICTORIAansGREY
TRUST COMPANY SINCE .1889.
W. R. Curry, Manager - . 524-7381
Elgin and`"Kingston Streets, Goderich
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