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Clinton News Record, 1981-01-15, Page 134 Al The snow may be deep, bat that dliesn't bother the children at Hallett Central Public School oho liemile up Wee and "warm and c fun Jvhayakgroal4e a y, as this taws last leanday proves.(James Fitzgerald photo) news farm news Huron farm and home news BY STAN PAQi T E ASSOC. AG. REP. PROPER POSITIONING OF RALGRO Recommendations for positioning Ralgro implants in cattle have changed. Company personnel are now reed the Italgro implant be placed lower in the ear and closer to the sug- gested. Ralgro implants are not a hormone, but are a mould derivative called zeranol. The zeranol ap- Londesboro this week By Dora Shobbrooi United News The United Church congregation moved to the Sunday. School rooms for the January 11 service since there was no heat in the upper portion of the building. Bert Lyon greeted the congregation arWd1 theniers were Lori Bromley, Lisa Bosman, Deanna Lyon and Janet Wilts. Rev. Scott welcomed everyone and reminded the people that the congregational pot luck supper will Le held on January 19, starting at 7 pm. At that time, the congregation will vote on the proposed times of change, for Sunday School at 10 am and the church service at 11 am. Rev. Scott spoke to the children,. about a poor boy who was always hungry and he stale some lunch and was caned with a switch. A big boy offered to take his punishment and when asked why, he said that the little oby was his friend and Jesus takes our punishment. The junior teachers were Margaret Wright and Carol Cartwright and the choir sang a special number under the direction of Barbara Bosman, with Louise McGregor at the organ. The Sunday sermon began a series of talks on the 12 apostles. Rev. Scott plans to look nue apostle this week and he began by talking about Peter. Neat Sunday the greeters will be Jack Snell and Earl Gaunt. Tax law workshop Tax lames have been chang- ed and amended over the past few years. Because of these changes, all farmers are attempting to cope with an entirely new tax structure during their lifetime_ A workshop about transferring the family farm to the next generation and related tax management in- formation will be held from 11 a.m. to 3:30 ,.p.m. on Wednesday, January 21st at the new Goderich Township Hall, Holmesville. Jack Hagarty, Farm Management Specialist, On- tario Ministry of Agriculture and Food, Strafford, and Bill McEachern, Tax Consultant, Grand. Bend, will ! discus- sion leaders. Anyone with an interest in this important subject i' in- vited to attend. There will be plenty of opportunity for questions and discussion. Participants are asked to please bring their own lunch. Coffee and doughnuts will be supplied. For further information call Don Pullen, 482-3428 or Marilyn Forbes 482-7480. This event is sponsored by the Goderich Township Recreation Committee in co- operation with the Ontario Ministry of Agriculture and Food, G9ioton. Explorer euzpedltlon The Explorers held their eighth expedition on January 8. Cheryl Hulley and Lisa Bosman did the Explorer emblem. Lori Bromley presented the picture. The girls all made little mice out of shells and the Tae chrsed in sock. Neighborly news Mr. Tom Beatty was transferred from Wingham to London's Victoria Hospital. Mr. Wallace (Jack) McDougall was admitted to Clinton hospital on January 8 and underwent surgery on January 9. Friends wish both him and Mr. Beatty a speedy recovery. Mrs. Laura Saundercock returned halite on Saturday after spending a week with her niece, Mr. and Mrs. Pero McBride at Carlow. Her niece Mrs. Edna Stemler of Pilot Mound, Manitoba was at thesame home. The WI card party will be held on January 16 at 8:30 pm and everyone is welcome to attend. Mr. and Mrs. William Scholl of Monkton and Mr. and Mrs. ',Ken Scott and family were Sunday dinner guests of Mrs. Jim Scott_ pears to stimulate the animal to produce its own growth hormone_ Implanted steers will gain about 10 percent faster on about seven percent less feed. Heifer response is slightly less_ Calves can be implanted from day old, and should ' be re -implanted after 100 days for best results. A. withdrawal period of 65 days prior to slaughter is man-.. datory. Heifers retained for breeding purposes may receive one implant as a young calf, but should not be reimplanted. The new recommendation for implant position applies . to Ralgro only arid not. to Synovex. Any doubts can be clarified through your sup- plier or. by contacting your local Ontario Ministry of Agriculture and Food office. S.O.S. CONFERENCE The theme of the "Save Our Soil" Conference held December s -s -in in Toronto was just that, "Save Our Soil" Presentations were given on: Why should we save our most valuable resource, our topsoil? ; Soil Management on Lilo cash crop and livestock; Tillage and residue management on fine, medium and coarse textured soils; Impact of agriculture on the environ- ment; Use of buffer strips and grassed waterways; and Erosion control and Windbreaks. Crop rotations, manure handling and other topics all added to a . well attended in- fbrmnative p. afire Copies of the proceedings are available for $10 by writing to -. Dr. W. Young, Dean's Office, O.A.C_, University of Guelph, Guelph, Ontario. Make che- ques payable to Save Our Soil Conference. New economist named Jane Muegge I nee Sills) has been appointed to join the Huron County Home Economist team with Loralee Marshall_ She received her primary and secondary education in Seaforth. In 1976 she graduated from Ryerson Polytechnical Institute in Toronto with a B.A_A.(Con- sumer Studies major ). Upon graduation, she worked with the Ontario Ministry of Agriculture and Food as i a county home economist in North Simcoe for three years. Since then, she has had short-term assignments with the On- tario Ministry of Agriculture and Food in Perth and Ox- ford Counties. Jane is interested in work- ing with people and is look- ing forward to her work with 4-H Homemaking Club members and leaders and community organizations, as well as with various farm and home management ac- tivities in Huron. Watch the mash flow BY DON PULLEN, AG REP. Cash flow is extremely important - especially for those only remaining in business by courtesy of the bank. However, it's easy to forget about other important aspects of financial >naragement if we become pre -occupied with cash flow budgeting only in an attempt to project needed bank loans. Although many businesses make .a profit each year, there is a growing problem with running out of cash - particularly with escalating input costs. Trying to finance a farming operation with 20 percent interest can be an alarming situation. At 20 percent compounded in- teres- money disables itself in 3.6- yeas, Le- (72 is tim- "magic figure") 72 divided by 20 - equals 3.6, similarly at six percent - from the old days, 72 divided by 6 equals 12 years. It's important to realize the time difference in the money cost when making farm plans_ In fact, after doing the paper work, we may determine that some plans need to be put on hold. It's stiff a fact --if it doesn't work on paper- watch it! Some forecasters caution that in many situations, the time a may come when we can't count on continued inflation of assets to bail us out of an impending financial bind. A business must make a profit; otherwise, even- tually it's heading for disaster. With today's economy, in many farming operations a monthly, or at the very least, a quarterly profit and loss statement will be useful to you and your partner" -the bunker. As a historical picture of profit - a profit and loss stternent for the entire - previous year is helpful. The amount of borrowing and the interest charged is an in- dication of the farmer's capital position. Borrowing is determined by personal as well as business decisions_ i Impulsive buying may spell the beginning of the end. Cash flowing into and out of a business can be readily seen in the bank statement. A cash flow budget will help forecast peak borrowing requirements and interest charges payable to the bank. The capital structure of a business is the third im- portant ingredient for successful financial management Be certain to pay attention to, accurate current and projected asset and liability statements. Many farm operations showing poor profit potential remain in business by in- creasing ,. bank borrowing secured against a rapidly SALI on now at Fred J. Hudie Home & Building Centre ALUMINUM STEP LADDERS 3'to7' sixes in stock nIna- i-� ALL AT A /o DISCOUNT • Black & Decker 71/4" CIRCULAR SAW No. 7329: Our regular '119.1S $59.95 GLIDDEN SEMI -GLOSS ENAMEL do rc:mos! Light- ring Baso only. Reg. '27.91 gallon 9995 • �e►uoN en, o?). FRED J. HUDIE LTD. HOME & BUILDING CENTRE STOeiI HOURS: Mon. -Fri.: 9:10 -5:30 Sof.: $:941-4:20 230 Byfield Road - Clinton )- 482-3995 QUALITY MOO CTS, FAIR PRICE RELIA;BI:E. SEMIICE mcreas:_rig asset value and an increasing net worth - very risky! The value of profit, cash and capital can be useful: - To check the health of the business. - To iudget for the future and more dearly identify and achieve business ob- jectives. - To provide a good un- derstanding of tate business CLINTON NEWS -RECORD, THURSDAY, JANUARY 15, 1981—PAGE 13 for the tanner, ins banker and accountant. hi human medicine, a combination of measurements such as heart rate, body temperature and respiration rate assists a doctor in distinguishing a sick from a healthy patient. Similarly, in financial management the basic guides are profit, cash and capital Dairy farm program offered at Centralia Centralia College of Agricultural Technology is now accepting applications for a new training program for young dairy farmers_ the program, beginning January_ 2; of err young dairy farmers an opportuni- ty to update their skills without leaving the farm for an extended period of time. The young dairy farmer training program, spon- sored by the Canada Employment and Immigra- Special award LISTOWEL - Donald Green, 20, of RR 2, Listowel has been presented with a unique certificate. Mr. Green, who recently started 'a beef cattle operation with his brother, Doug, has the distinction of completing the most Perth County 441 Club programs on record. Duni' the nine years he was a member of 4-H, Donald completed a total of 35 projects on a variety of farm -related subjects in- cludingmanagement in general and. crop :and livestock production. Donald grevi up on his family farm and recently he and his brother bought a fare: next to their parents' place. tion Commission, is directed toward young people employed by, or operating, a dairy farm.. 'This isn't a beginner's course,- says Don Cameron, -oi the CC-AT'con ulutng education department. "This is extra training for young farmers who can't af- ford the time to take a full college or university course." The course is held for four weeks. Students spend the first two weeks, Monday to Thursday, in the classroom at Centralia College- Lec- urers include prominent area farmers, Ontario • Ministry of Agriculture and Food extension specialists, and Certralsa College.staff_ Students spend the last two weeks working on a dairy operation with selected dairy- producers. There is no charge for this course_ The only expense to the student is the cost of mm21s and accommodation during the classroom pore tion of the program. During the two-week period, room and board is provided. To enrol in the program contact the Continuing Education Department, Centralia College of Agricultural Technology, Huron Park, Ontario NOM 1Y0 or telephone 519 228- 6691. The college is located 40 km north of London - O u COUNTY OF HURON H! HWAYS DEPARTMENT ENGINEERING TECHNICIAN The County of Huron Highways Department will accept personal applications far full time employment as an Engineering Teshnfdan in the Goderich Office. rip com- plete lob description Is available for review in the of- fice of the County Engineer. Apply in Inviting to the undersigned no later than 12 noon, local thee, FEBRUARY 6. 1911 gloving personal particulars of age, education. ex- perience. ability and references.. R./1.Denspsey, P. Eng., Huron County Engineer Court Hose. Dederick. Ontario,. N7* 1M2 Assistance to Small Enterprises Ger YOUR BUSINESS BACKINTHEBLAcK' Ma^y small bus,ness owners and managers facing financial difficulty have turned to CASE*for help CASE is designed to encourage the -- growth and prosperity of small enterprises and help therm to improve their methods of doing busness You may need help in areas such as bookkeeping, casr?.flow or inventory control But, of you are using your assets wisely and stili need help, our experienced counsellors can advise you on row to.prepare Your request, for financial backing call CASE, today— it might be the best busr�ess 'nvestment you'll ever make • For more information can PATRICK R. ST. CYR Co -Ordinator (519) 434-6705 (collect) .. F£DE,=A:. &USrVESS DEVELOPMENT BANK WOOL WINTER COATS PRICE DAY AND DRESSY DRESSES 1/2 PRICE OTHER DRESSES 25% TO 30% OFF amour n+nkEv SPORTSWEAR 25 A O TO 5 Oo/ / O OFF HANDBAGS 20 °"°FF HOUSECOATS 20 ®FF O 615,4 ift8.110 MANY MORE SAVINGS THROUGHOUT THE STORE THE a . tl I SHOPPERS SQUARE GODERWCH