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HomeMy WebLinkAboutThe Seaforth News, 1949-04-07, Page 2THE SEAFORTH NEWS THURSDAY, APRIL 7, 1949 FEDERATION NEWS History was made in Huron Coun- ty'last week, when milk producers representing all sections of the County, met in the Agricultural Board room, Clinton, to disucuss the whole milk situation. Hugh Hill of Colborne Township was chosen Chairman of the gather- ing of over sixty producers and Barry Walter of Goderich acted as Secretary. Mr. Hill after •explaining briefly the purpose of calling the meeting, called Doug Cousins, field - man of the Ontario Milk Producers League, to explain the advantages of forming a County organization. After listening to Mr. Cousins, dis- cussing the proposals and present County situation, a motion intro- duced by George Feagan of Goderich to form a County organization was 'passed unanimously, with the follow- ing board elected to represent the interests in each centre: Goderich, Hugh Hill; Clinton,. "Andrew. Desek; Wingham,,'Geoige Terbert;'•Seaforth, Pete Simpson; Exeter, Gerald God - bolt; Hensall, Oliver Roweliffe; Zu- rich, Wm. Decker; Brussels, Ross Cardiff; and Blyth to be named. This new organization should ben- efit producers, distributors, and con- sumers by providing a uniform price throughout :the County., and would work to advantage when prices drop, as well as well assrivhen they advance. Arrangements have been made to hold the 14th annual convention of the Canadian Federation of Agricul- ture at Niagara Falls during the week of January 29 next. Introduced by Minister of Agricul- ture, Gardiner, a new dominion mark- eting act is now before the house of Commons at Ottawa. It is not the complete federal marketing legisla- tion which has been asked for by the Canadian Federation of Agriculture for a number of years passed. How- ever, the new act, a short one of four sections, will give the dominion gov- ernment power to confer dominion marketing powers upon all provincial producer marketing boards which may now exist or may be brought into operation in the future under mark- eting acts of the several provinces. This will make it possible for provin- cial marketing boards operating un- der provincial acts, to extend their operations to follow through the marketing of their products into the inter -provincial and export field. Which group has the greater re- turn on investment --farmers who produce the food of the people, or those who are engaged in the busi- ness of processing and distributing that food? question The answer to that q furnishes a striking comparison, It is found in the records of the domin- ion bureau of statistics, from which a statement bas been compiled by Dr. E, C. Hope, economist of the Canadian Federation of Agriculture. Farmers' returns on their invest- ment for the eleven years from 1981 to 1941 inclusive were nil. In fact, • they were a very minus quantity. Farmers returns on their investment for the years 1941 to 1947 inclusive were plus, with the exception of one year, 1945. The average return for .the six years was 2.8 per cent. Returns on investment of 46 food companies in Canada for all the years from 1931 to 1947 were plus. The calculation of returns on in- vestment were made on substantially the same basis in both cases. In the case of the farmers' re- turns, the calculation was made an the basis of the estimated capital in- vestment in the farms. The net farm income was used, together with the number of farm operators according to the dominion bureau's estimate for the year concerned. In the Fed- eration's calculation, a yearly wage rate was allowed for farmers equal to the wage rate revelling for the particular year in all industry in Canada. On this basis the total wage bill was then deducted from the net farm income, and the return on capi- tal calculated accordingly. In the case of the 18 food com- panies the calculation was made on the basis of the net worth of the business, the net profit before taxes were paid, but after wages and sal- aries were paid, then the net profit after taxes were paid. and from that wag calculated the percentage of re- turn on net capital. As an example: In 1987 the total estimated capital investment in farms was $4,712,000,- 000, and the net farm income for that year was $503 millions. The toal number of farm operatods was 711,000. The allowance for farm wages was $966, which was the aver- age for industrial wages inthat year, which made at total estimated farm ��>z �a�i��..ila�c���f, f dk�N! BID9i.D1�4�aSs �^$ IRAIFTIEnS Today, farm building is no sturdy, longer a Problem ' to -erect economical, easy-rovide the Timberib Rafters R ,arched solution. Laminated roof .rafters, form sides artd in one continuous piece, mak.. in8 it possible for the t entire frame of the building s trine• few erected in a machine sheds, Perfect for houses, dwell barns, poultry buildings of ings and utility all types. SOW! ` Peirson Building Supply Co. 388 Vancouver St, LONDON Phone Fairmont 3656M wage bill of 5686 millions. The next income after that allowance was de- ducted was then minus $183 millions, making the net return on capital minus 3.9 per cent. In the same year, the total net worth of 46 food companies in Cana- da was 6119.3 millions. The net pro- fit after -wages and salaries had been deducted was 8.4 per cent and after taxes had been deducted was 6.3 per Cent. In the years from 1931 to 1936 inclusive the percentage of return on capital for farms of Canada was as follows: 1931' minus 6.5 per cent; 1932 minus 7.0 per cent; 1933 minus 6,4 per cent; 1934 minus 5.3 per cent; 1935 minus 5.1 per cent;' 1936 minus 4.0per cent. KIPPEN Friendslnp'Cirele met on Monday, April 4 for their last meeting of the season with an average: attendance of 60 members at each meeting. Hymn 605 opened the meeting fol lowed by the scripture, Mark 16 read' by Mona. Caldwell. Mr. Hinton led in prayer. Ann 'Sinclair then favoured with a piano .solo. Mona Caldwell read the minutes of the last meet- ing. As this was the last meeting, IyIrs. E. McBride moved and Mrs. Parsons seconded that we hold an annual picnic the second Friday, June 10th in the Lions Park Sea - forth. Mr. Drysdale of Hensall then. showed his pictures which they took on their trip out west and Vancou: ver last summer. Marie Sinclair then favoured with a piano solo followed by a sing -song, "Cruising Down the River" and "Easter Parade", with Mrs. R. Broadfoot at the piano. We then had more pictures of the Royal Wedding and Three Little Bears, which the children as well as grown ups enjoyed. Mrs. Kyle and Mr. Hin- ton then thanked Mr. Drysdale for his interesting pictures. National An- them closed the program. Lunch was served in the basement with east group in charge. If you've an eye for a buy... SEE THE IGOODfEAR • The new Goodyear DeLuxe gives more mileage .1:34% more mileage than the big - mileage Goodyear it replaces. Gives added protection from blow- outs .. PLUS super- traction , . it's Canada's most popu- lar tire .. the over- whelming choice of thrifty motorists. - at Ain :644111 SEAFORTH MOTORS PHONE: 141 CHEV—OLDS—SALES AND SERVICE You can now have Custom. Made VENETIAN BLINDS For -as little as 60 dents per square foot A Representative will call once a week, measure your windows, and install them the following week at no extra cost to you Call or write MacKenzie Mfg. Co. 621 ONTARIO ST. PHONE 3052 STRATFORD Town of Seaforth Tax. Pre Payment Receipts for 1949 THE TOWN OF SEAFORTH WILL PAY 4 PER CENT PER ANNUM UP TO AUGUST 31, 1949, ON ALL PREPAID 1949 TAXES Certificates and full particulars may be obtained from the Town Clerk's Office in the Town Hall D. H. Wilson TREASURER We axe again contracting for BARLEy for Canada Malting Co. If interested, get in touch with us Geo. T. ilickle& Sons Hensall, Ontario Phone 103 Nights 133 14 1 54 White sidewall tires optional at extra cost. Hydra -Matic Drive standard equipment on the "Eight," optional at extra cost on the "Six'. • A PRODUCT OF GENERAL MOTORS Oldsmobile rolls forward into '49 with an AIT-Futuramic Zine --a new "76," a new "88," and a revolutionary new "Rocket" Engine Strike up the band! Sing out the news! It's "My Merry Oldsmobile" in a tri- umphant new tempo, as the line of Futuramics swings by on dress parade! There's a brand new Oldsmobile Futur- amic "76" ... with Fisher's newest body, panoramic vision, plus a remarkable new "Big Six" Engine. And leading the parade, a newly styled Futurainic "88" , . . with the revolutionary new "ROCKET" Engine ! Yes, you'll ex- perience "The New Thrill" the moment you first set eyes on a 1949 Oldsmobile. There's fleet -flowing smartness, inside and out — an eager -for -action look that's backed -up by performance. In fact, with GM Hydra -Matic Drive, Oldsmobile's performance is so incredibly smooth, silent, and spirited, you've got to try it to believe it! Your Oldsmobile dealer invites you to inspect the new Futuramics — examine the new "Rocket" — ex- perience "The New Thrill!" • me.7Aee?vr {tl1tlR'` OLDSMOBILE SEAFORTH MOTORS