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HomeMy WebLinkAboutZurich Citizens News, 1976-11-10, Page 16Page 16 -Citizens. News, November 10, 1976 Should keep prices down Bumper crop across the world in 197b Record world agriculture production in 1976 should mean good news for the Canadian consumer. The bumper crop will likely keep food prices down, according to the Bank of Mon- treal's November Business Review. On the other hand, the Review says, a record world wheat crop indicates that Canada's prospects increasing wheat exports appear slim.' `Disposal of the huge crop ... could be a significant problem in the months to come." Meanwhile, the Canadian shopper is expected to benefit at the supermarket as large feed grain stocks should contribute to low, stable prices for beef, pork and poultry. The dairy industry, however, doesn't fit this pattern and further price increases are predicted in the near future. The Review suggests that Canada's bumper grain crop should ease the cost squeeze which has forced cattle producers to reduce herds. Although cattle stocks have already been trimmed significantly and prices are at their lowest levels in some time, "several factors indicate beef prices will stay low into 1977." Beef supplies are expected to remain high as -producers con- tinue selling off surplus stock. As well, lower grain prices result in more cattle being placed on feed lots and these grain -fed cattle reach the market faster than range -fed cattle. In addition, beef imports are 60 percent ahead of 1975 for the first nine months of this year, as major exporting countries have also thinned down overstocked herds. Developments in the hog in- dustry will moderate beef prices too, the Review says. After peaking late last year, pork prices have tumbled as Canadian producers expanded output sharply. At the same time large production increases in the U. S. have led to record pork exports to Canada. Since supplies are ex- • pected to increase well into 1977, falling pork prices will hold the cost of beef down as shoppers concentrate on the better buys. A similar result is also ex- pected in the poultry industry, the Review says. Rising poultry prices in 1975 reduced con - Canadian designs Seals Internationally acclaimed Ca- nadian graphic artist and chief designer for the University of Toronto Press, Mr. Allan Robb Fleming is the designer of this year's sheet of Christmas Seals. The 1976 Christmas Seal designs are snowflakes. Em- ploying the concept that every snowflake is different, Mr. Fleming has created distinc- tively unique snowflake de- signs, one for each of the 48 Seals contained in the sheet. It's really one of the most magnificent sheets of Christmas Seals we have ever distributed said Ivan Forsyth and Art Dunsmore, Co -Chairmen of the Huron -Perth Lung Association, Christmas Seal Committee. In addition to his present position Mr. Fleming is also a designer and consultant with Burns, Cooper, Donoahue, Fleming and Company Ltd. in Toronto. Prior to that he. was Vice -President and Director of Creative Services, Maclaren Advertising Limited and for one year he was Art Director of Macleans Magazine where he was responsible for the design of Canada's national magazine, which at that time was a bi- weekly publication. The 1976 Christmas Seals each bear the red double - barred cross, symbolic of the fight against lung diseases, including tuberculosis. The Huron Perth Lung Association, Jack's Jottings (continued from page 14) year people can at least have a look at them. Although Mr. Good said, there will be no manner in which a person can judge whether that assessment is high, low or in between. The experience in those municipalities where market value assessment has already been brought in, such as the Grey, Bruce and Parry Sound areas, has shown that when the first reassessment went out, there was a slip which said that if the expenditures did not increase or if the mill rate did not in- crease, the assessment should be roughly about 17 times what it was previously, which was a little bit of a guideline but certainly no basis on which one could appeal an assessment. Mr. Good felt that the approach by the Government to take over the assessment in 1970 was wrong. About people Mrs. Gertrude Fleischauer and Mr. and Mrs, Bill Mills of Listowel attended the autumn convocation at the University of Western Ontario recently, when Mrs. Marion Rogers graduated with her Bachelor of Arts Degree, majoring in Sociology. She is presently teaching at Orchard Park Public School, London, Ontario. the Christmas Seal people, are very proud of their 1976 Christmas Seals. The Seals represent the continuing pro- grams in the prevention and control of lung diseases. IG Supplied and serviced by M. Loeb Limited. CASELOTS F sumption, as Canadians switched to lower-priced beef. By Sep- tember of this year, poultry prices had dropped and lower feed grain costs stimulated production. However, the dairy industry offers little comfort to the con- sumer, Despite a continuing oversupply situation, prices have remained on a steady upward course resulting in shrinking per capita demand, In fact, the federal government ordered a 15 per cent cutback in industrial milk quotas early this year because of overproduction and spiralling subsidy payments. However, later this year the government raised the quotas when possible shortages were forecast, "All this muddle raises a question as to where the in- dustry is headed," the Review says. "Certainly the present system is resulting in a severe downtrend in milk consumption and in a level of retail fluid milk prices that is one of the highest among major milk -producing nations." NOTICE TOWNSHIP OF HAY RATEPAYERS Second and final payment of 1976 taxes are due and payable on or before November 30, 1976. Wayne Horner Tax Collector Township of Hay BETTY ART FOODLINER & NNE GRAND BEND, ONTARIO - 238-2123 MILY SAL NOVEMBER 8 - 13, 1916 GRANULATED WHITE SUGAR 99 bale of 5/4 kg. bags PURITAN BEEF STEW case of 12/ 24 oz. tins case of 6/ 24 oz. tins $9.85 54.93 HEINZ KEG 0' KETCHUP s n95 case of 12/ 32 I. oz. btl. YLMER CHOICE TOMATOES case of 1 3 . 9 9 28 f1, oz. tins 2811. az. tins case of 12/$7 00 ONTARIO NO. 1 POTATOES 20 Ib. bag 19 LIBBY DEEP BROWN BEANS WITH PORK case of 24/ 15 5.25 28 fl. oz. Pins case o 12/ 7 .6 3 28 fl. oz. tins CAMPBELLS TOMATO SOUP case of 48/ 10 11. oz. tins case of 24/ 10 IL oz. tins TREESWEET PURE UNSWEETENED GRAPEFRUIT JUICE $695 case of 12/ 413 fl. oz. tins TOP VALU PONY TAIL -WHITE SLICED BREAD $289 10/24 oz. loaves GREEN GIANT FANCY NIBLETS CORN case of 24/ 12 fl. ox. fins case of 12/ 12 11, oz. fins $9.49 $4.75 CAMPBELLS MUSHROOM SOUP 10 fl. oz. tins case of 48/ $11.95 $5.98 case of 24/ 10 fl. oz, fins KRAFT DIMER 49 case of 48/ 7.25 oz. pkgs CARNATION EVAPORATED PARTLY SKIMMED MILK c1 lb. tins ase of 48/ `1' 1 7 .95 $8..98 case of 24/ 1 Ib. tins LIBBY'S FANCY TOMATO JUICE 69-- case of 12/ 48 11. oz. tins MAXWELL HOUSE GROUND COFFEE 21 case of 12/ 95 1 Ib. bags ALLENS APPLESAUCE s 849 case of 12/ 28 11. oz. jars REGULAR GROUND BEN HAMBURG PATTIES OR TOP YALU WIENERS 10 Ib. box 590 DELSEY ASSORTED COLOURS BATHROOM TISSUE case of 48/$25.90 2 roll pkgs, case of 24/ $12.9 2 roll pkgs. TIDE POWDERED DETERGENT 99 case of 4/ 10 ib, boxes VILLAGE 100% VEGETABLE Olt PARCHMENT MARGARINE 111 79 case of 36/ 1 ib, prints Come in and fill out your handy order form by i4overnber 13 and get real savings.