The Lucknow Sentinel, 1983-01-19, Page 5community news
t
Lucknow Sentinel, Wednesda,,, Januar, i9, 1g83—Page S
Nieldned Cameron, centre, received a plaque and pin in recognition of 25 years public service
as an employee at the Luanne.' Post Office. Mrs. Cameron started as a casual employee
lr„n.
1c4N t7` ane became a parr time employee in March 196'7, She began full time
e ht rho—.i 'r.['Rh the iLlosi offiec ft' November 1971, Shown presenting the plaque is Gordon
su°1 Pitt¢ , .lapew i411ti paysdraa&er for the Winghamn area and Carrie Milne, right, Lucknow
us. r F ht.i has r-ve n employed with the post office for 37 years, since 1971 as
postTt a w t r
[Sentinel Staff Photo
Dicu finaiicial management...
ent...
*from pagt, l
,'urce of marker information which would
provide more correct information.
"When a farmer blames bad advice for his
situation, he is publicly stating he hasn't
done his homework,” commented Mr.
Morris.
When a business is running into difficulty,
Mr. Morris suggested non-farm items
should be gotten rid /o with the proceeds
used for current liabilites. Surplus farm
items could be sold, possibly even land, said
Mr. Morris. The next step is to reduce
inventory, then go over past records and
possibly restructure debts.
"Determine your credit worthiness before
you ask for more credit," said Mr. Morris.
The Toronto -Dominion agrologist conclud-
ed by stating he has more optimism this year
for farmers than the past five years.
obituary
Mr. McClusker emphasized the import-
ance of a financial statement. The Levy to
success is cash flow. suggested Mr. Mc<:lus-
ker.
"Farmers have to have a cash cushion to
ensure their economic survival," noted Mr.
McClusker.
He said the cash flow should be done on a
regular monthly basis which would show the
farm's progress year after year.
"In order to cope with the possibility of
failure, you have to see it coming," noted
Mr. McClusker.
Each speaker suggested farmers take
management courses and follow market
trends in the financial sections of news-
papers. Mr. Morris suggested even the Wall
Street Journal would be of benefit to
Canadian farmers.
Keith MacDonald
Keith MacDonald died
suddenly Januar% 7, 1983 at
his residence at R. 2, Ponty-
pool, near Bowmanville.
A son of the late Malcolm
(Mac) MacDonald and the
former Malvina Welsh, of
the eighth concession west in
Huron Township, he attend-
ed Ripley Public School and
Ripley Continuation School.
He worked briefly on the
home farm before moving
away to be a truck driver.
He is survived by his wife,
Jeanne Mitchell and a son,
Tom and one sister, Janet.
The funeral was held Mon-
day, January 10. 1983 from
the North Cutt-Elliott Fun-
eral Horne in Bowmanvilic.
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