The Huron Expositor, 1983-05-11, Page 8n
8 -THE HURON EXPOSITOR, MAY 11, 1983
Top steer selis for 84.95
The market at Brussels
Stockyards traded at steady
prices to the week's decline.
Heifers were in good de-
mand. Cows sold higher. Pigs
sold at steady prices. There
were 715 cattle and 1383 pigs
on offer.
Choice Steers -80.00 to
83.50 with sales to 84.25.
Good Steers -78.00 to 80.00
A steer consigned by John
Nixon of Belgrave weighing
1290 lbs. sold for 84.25.
Seven steers consigned by
Andy McMichael of R.R. 2,
Wroxeter averaging 1291 lbs.
sold for 83.60 with his lot of 10
steers averaging 1250 lbs.
selling for 83.45.
Five steers consigned by
Ross Durnin of Lucknow
averaging 1066 lbs. sold for
83.35 with his lot of 10 steers
averaging 1131 lbs. selling
for 82.85.
Twenty steers consigned
by George Adams of Wroxe-
ter averaging 1303 lbs. sold
for an overall price of 82.15.
Fourteen heavy
signed by Bob Al
Ethel averaging
sold for an overa
82.10.
Two steers const ned by
' Archie Jacklin of R.R. 2,
Blucvale averaging 1190 lbs.
sold for 82.60 with his lot of 8
steers averaging 1170 lbs.
selling far 82.00.
Ten steers consigned by
Clarence Ritchie of Lucknow
• averaging 1200 lbs. sold for
82.70 with his offering of 20
steers averaging 1164 lbs.
selling for an overall price of
82.45.
Five steers consigned by
Gordon Hopkins of R.R. 3•
Hanover averaging 1200 lbs.
sold for 81.00.
Five steers consigned by
teers con,
xander of
1372 lbs.
I price of
Fred Knechtel of N.N. 2,
Gadshill averaging 1204 lbs.
sold for 82.50 with 6 steers
consigned by Stewart Knech-
tel averaging 1153 lbs. selling
for 81.80.
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Drywall
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A steer consigned by Stam
Farms of R.R. 4. Kincardine
weighing 1130 lbs. sold for
83.50 with his lot of 6 steers
averaging 1296 lbs. selling
for 81.90.
A steer consigned by John
Thornton of Gorrie weighing
1180 lbs. sold for 84.25 with
his lot of 7 steers averaging
1198 lbs. selling for 81.32
Choice Exotic Heifers -
80.00 to 82.50 with sales to
85.00.
Choice Hereford Heifers -
77.00 to 80.00
Good Heifers -75.00 to
78.00
A heifer consignedt'by Paul
Gowing of R.R. 2, Bluevale
weighing 1050 lbs. sold for
85.00 with his lot of 17 heifers
averaging 1066 lbs. selling
for an overall price of 82.83.
A heifer consigned by Jake
Versteeg of R.R. 2, Clifford
weighing 990 lbs. sold for
82.00 with 6 heifers consign-
ed by Abe Versteeg averag-
ing 1066 lbs. selling for 80.00
Five heifers consigned by
Tom and Glen Kerr of Palm-
erston averaging 1056 lbs.
sold for an overall price of
80.00
Five heifers consigned by
Frank Lippert of R.R. 1,
Chepstow averaging 998 lbs.
sold for 80.55
Bill discussed at
joint meeting
BY SHARON DTZ
Area farmers had a chance
torhear both sides of the '
argument regarding Bill
C-653 at a joint meeting of
the Bruce and Huron Feder-
ations of Agriculture and the
Huron -Bruce Farm Survival
Association in Wingham,
May 4.
Brigid Pyke, an executive
/ director of the Ontario Fed-
eration of Agriculture (OFA
(OFA) and Larry Thompson,
south-western Ontario man-
ager of banking services with
the Toronto Dominion Bank,
were members of a panel
,which discussed the bill and
answered questions.
Farmers need long term
credit and Mrs. Pyke said
she questions whether the
Canadian banking industry
can support agriculture in
this country. When you're
It isn't fair to criticize the
banks for taking a second
look at extending credit to
farmers, she adds. Many
farmers are taking a second
look at banks.
Banks saying they'll pull
their money out of agriculture
if Bill C-653 is passedsis an
over -statement, pe Ta
lly
considering the provisions
for rewriting debt included in
Bill C-12, the Bankruptcy Act
1980, she says.
NOT AN ASSAULT
"Bill C-653 is not a
wholesale assault on the
rights of the creditor," she
says. A farmer cannot just
walk into court and have debt
rewritten, according to the
provisions of the Act.
The thrust of the bill is
similar to the bankruptcy
laws in effect in Canada
which relate to the general
looking at turning. over se- populace. These laws are not
veral million dollars in 304 in place to grind a debtor into
the ground so he will never
step out of line again.
Similarly the Act is to
rehabilitate the debtor, to
make him a fixture in the
community abte to function,
where he can service his debt
at some level, rather than
turfing him out into the
street so that nobody, scent-
--ed " creditor or unsecured
creditor, gets anything.
These are sound positive
solutions in the free enter-
prise spirit, says Mr. Pyke.
If there is a legitimate effort
to help farmers you cannot
write him off the books.
The Act also attempts to
bring the status of the
secured and unsecured credi-
tor to the same level. The bill
attempts to prevent the
secured creditor from trounc-
ing the debtor into the
ground.
AHEAD
The idea of reducing the
principle on the debt has
happened in special circum-
stances. By reducing debt
thatxannot be services, there
are `losses which won't be
recouped, but by reducing
debt to a level where the
debtor can meet his pay-
ments, you come out ahead
in the long run. -
Vann
A heifer consigned by
Schultz Bros. of Blyth weigh-
ing 1200 lbs. sold for 82.00
with their load of mixed
heifers averaging 1071 lbs.
selling for 79.85.
Seven fancy light heifers
consigned by Don Lamb of
R.R. 4, Goderich averaging
882 lbs. sold for an overall
price of 78.65.
Eight light heifers consign-
ed by Joe Metzger of Luck -
now averaging 896 lbs. sold
for an overall price of 78.00
Choice Cows -54.00 to 58.00
with sales to 63.25.
Good Cows -51.00 to 54.00
Canners & Cutters -46.00 to
51.00
Heavy Bulls traded to a
high of 70.00
30 fo 40 lb. pigs traded to a
high of 70.00
40 to 50 lb. pigs to a high of
51.00.
50to 60 Ib. pigs to a high of
60.00
60 to 70 Ib. pigs to a high of
70.75.
70 to 80 Ib. pigs to a high of
80.25.
years, or in a generation,
farmers don't need to have to
review their long term credit
every five years, she says.
"We don't need someone
saying at the first sign of
trouble, they're going to get
out of this business of
lending money ,to agricul-
tu re.
SENIOR CITIZENS
Every Wednesday receive
2O%oFF
Labour for work done in OW
AUTOMOTIVE CENTRE
B.C. WINSOR HOLDINGS
LTD.
SEAFORTH 527-1350 \n
ommj
Please turn to page 9
McGavin represents
4-H at seminar
Brian McGavin of RR4 Walton, was one of six members of
the 4-H club representing Ontario who attended the 1983
National 4-H Citizenship Seminar in Ottawa from April 23-27.
The program, entitled "You, Me and Being Canadian",
concentrated on the Canadian Constitution and its Charter of
Rights and Freedoms with speakers on democratic rights,
equal rights, legal rights and native rights.
New staffer at OMAF
The Huron County branch.
of the Ontario Ministry of
Agriculture and Food
(OMAF) will be receiving an
additional staff member. -.
Huron's agriculture repre-
sentative Don Pullen an-
10.4
DRAINAGI
•We plow in plastic or cloy tile
*Laser controlled grade
•No back filling
•No stones to pick
•No sub -soil on top
For more Information,
please write
RR 4 Stratford. Ont. NSA 655 pr call
nounced to Huron County
council at its MO 12 meeting
that John Bancroft, currently
an agriculture assistant in
the Ottawa -Carleton area will
be 'arriving at the Clinton
OMAF branch in mid-June.
Mr. Pullen was presenting
his annual report to county
council when he trade the
announcement.
Mr. Bancroft, a native of
Perth County, will be the 4-H
contact in the county,
SON l pX-CONSULTING SERVio
*2•4 154 Isabella St., 4
SEAFORTH, ONTARIO -
527-0557
-REASONABLE RATES- - -PERSONAL SERVICE-
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271-4777
Branch of:
Niagara Farm and Business
Consultants 119641
Hamilton, Ontario
Harry DenHaan
Tax Consultant
[Registered]
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