The Clinton chronicle. (Clinton, S.C.) 1901-current, January 11, 1968, Image 14
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14—THF nmONTCI F Htnlon « T Tnn 11 \m '
Food Prices, Demand
Expected To Go Up
By JUDY TURKETT
Area Agent
Consumer Management
A new year is before us —
what will it be like for the
consumer? In the category of
food, Mr. and Mrs. American
can expect prices and de
mand to go up as supplies
hold constant. Admittedly,
this isn’t a very exciting
forecast, but the wise con
sumer will want to know.
During 1961, retail food
pricest averaged about
one percent higher than
in 1966. All of this increase
was due to a 5 percent rise in
restaurant prices. The cost of
food sold in fopd stores has
actually remained almost the
same as a year ago. In 1968
retail food prices will again
rise but much more notice
ably. Marketing costs, parti
cularly wages, will advance
and in so doing widen the
farm - retail price margins.
A 2 to 3 percent rise over
1967 doesn’t seem unlikely.
Demand for food as for
practically all consumer
goods will strengthen in 1968.
The population is growing
and so are consumer in
comes. Exports will probably
expand next year and mili
tary food takings seem likely,
to inciease. Interestingly
enough, however, supplies of
food are expected to remain
at about this year’s level. As
a result, prices received by
farmers for food products
may increase.
Now what does this mean
in dollars and cents? Ameti-.
cans were expected to have
spent $96 4 billion for food
in 1967. $3 billion over '1966
and nearly $4 billion less than
the prediction for 1968. Most
of the gain from 1966 to 1867
is attributed to an increase in
volume of purchases. In ooto-
trast, 1968 expenditure* Will
rise because of higher price*
with very little change in
volume purchased.
Fortunately, income gains
are still outpacing food ex
penditures. A rise of about 7
percent in consumer income
in 1967 is overshadowing
about a 4 percent increase in
food expenditures. Con
sequently, the percentage of
income spent for food de
clined from 18.3 percent in
1966 to IT? percent in 1967.
This 17.7 percent figure is ex
pected to remain about con
stant in 1968
In view of the growing de
mand for food, will farmert
be able to produce enough?
This is a burning question to
which the U. S. D. A. is an
swering — yes. A recent study
contends that through 1980
farmers in countries like the
U. S., Australia, and Canada
will produce more than
enough for world needs. ThO
critical'quetsion is how fast
and how well will the hungry
nations develop their own
food output.
WBTV
CMARI.OTTW
THURSDAY. JANOAlti 11
Guuaoka. 1 pj*.
Marshall (Milan * «#•*•*'
kiBed. Color.
ONE
WORD
ABOUT
MONEY
W*. pi
*
T;
*, PM'-
-?*r ■
&
save!
The surest way to make mdney is to save!
Be secure . . . open a Savings AceoMtt at
our Fall Service Bank, where you cait take
care of all your banking needs. Money
doesn’t grew on thMs, It will grow here!
BANK OF aiNTON
Mentor FMenl Deposit tnsanuiee Corponti*
3% Interest Paid on Savings Accounts 8emi-Anim*8j
: t |;j ;; ■ ili.
Lucy enter* a
billiard contest
Color. Laeflie Bad
Thursday Movie, 9 s.sa
With NeHna Mae.
“Topkapl, 1
court, Veter Uattaov. Maximili
an Schell Color.
PRfiAY. JANUARY it
GmMt Pyle . . . USMC,
8:3# n.ia
Sergeant Carter take* care
oi « Monel's I* tor a t
end.05r/
niiay Mhefti. 8 mu
-A fhot ,tn tig fiatfc” with
gar Sellees, Plhe Semtaer.
SATfJftUAYt JANUARY 1*
My Mttea Sena, 8A# Ma
a aufArage
StTNMAY, JANUARY 14
Mission: ImpoeaiMt. 10 p.m.
The IMF must recover a mil.
RL, dollars in gold bullion.
.MONDAY, JANUARY 18
Mike Dongles, 4:30 p.BL
Actor-comedian Paul Lvnde
is co-host for the week. Color.
Best of Hollywood, 7 p.m.
“Scandal at Scourrle," with
Greer Garson. Color
Carol Burnett, 10 p.m
Trini Lopez and Ken Berry
Axe guests. Color.
TUESDAY. JANUARY 1#
Red Skelton. 8:30 p.m
Red ro-creatm famous coffl-
idy routines.
Fdim Future
>. >
Do»
The
Red Skelton
6«dt Morning World, 8:38 p.m.
Larry buys Dave and Linda
a wedding present Cotar.
Nattkaal SMARiag Teat, 1#
wig FObpls
• /
WEDNESDAY, JANUARY If
Vheater IWaap T.fam
with Clifton
Ne and Be, #M# pMt
Pdnla's eonntry eensin arrives
B the city. Color.
LT i sgi—wwrwa i c
iPF*«arance
lignff leant
Starf Students
f> . ■ • ^ ^ <r '
Get Physical Exaiti#
All of the three hundred
chlldi^M >ho attended the
gram in
ity,
ditibk they received iihmuni-
Mtioki 8hd shots from tile
the first
physician*, dentists
— - m —in 8Qu
CUhton -0SVe die examina-
wire kept op
^ItoR Urhere trea^
, havi received dental work,
; one surgery
' ed jliedical
children, _ T
did not need
did not keep Hie ap-
ents made for them,
of the above mentioned
n w
e
hi;
chil
incc
from
«, thil
Oyel-looked.
of gie Laurens County Qxn-
muAity Action, Inc. notified
the parents of tMhMflA at
tention
that they
The
lih
Contact with them.
The rnedical , examinations
have bedn given in gU of
past Head Start
Laurens County bgl this
tie first year that the follow
ups have been done.
^ A 1888 Summer Head Start
•gram is now being plan-
4 which will serve 400 chil-
in Uwreiuw.. County.
in
OUT*
Agent
fooks bright. At
led to believe
mists. However,
be told this
more money
ev#fr before and
standard of
ghest eyef.
M. C. Roches-
of Extension
Econorkicf at
Clemson gives the following
break-down of variou^ agri
cultural commodities.
A small U. S. 1967 cotton
of. about it ».» mUlion
jUtiBOe^ relative-
poiht
reduc-
cotton stocks.
1967-MI of around
bales will ex
crop. As a re-
ver is expect-
to around 6-8/4 mil-
Augdst 1, 1866
creage al-
Carolina is
to
Growers
the 1968
carefully
before SiMIhg up and to pro
duce quality cotton of the
longer staple lengths which
are in good demand.
The demand for soybeans
a 1967-68 dill continue good
t at pyi
port level oT 12.86 per bushel
Both domestic use and ex
ports are expected to in
crease
not eno
Har’s reedrd the rec-
6fd high if?, soybean . chop
for S. C;, estimated at
24,058,0(1) bushels harvested
from lAAfl.OOO acres, is 24
percent larger than the 1166
crop./
,.THe ndvat Mreage.. aUbt-
ment Jor‘$. fc. in Il68 is
203,288 gcres. In 1967, S. C.
farmers harvested 3,024,000
bushels from 112,000 acres —
up 90 percent over 196d
.Pecans wiU contimiO fat
short aunply duo to the rela
tively snRbl 1981 crop. RHcH
for pecans are expected to
remain relatively high in
1967-68.
’ Sweet Potato supplies are
»bo# the same as for last
- :
season, but 8 percent beldw
average. With available sup
plies below averagk, prices
to growers for the season are
expected to be relatively
high.
The demand for fresh veg
etables will continue at a high
level. Prices to growers will
depend on the volume and
quality available and oh the
pattern of marketings.
The 1908 peach production
potential in S. C. is about
double that for 1967 if normal
weather conditions prevail.
Consumer demand for fresh
peaches of high quality will be
strong and prices favorable.
The demand for peaches for
processing is expected to in
crease.
The demand for forestry
products may increase slight
ly in 1968 with prices averag
ing about the same as in
1967. Woods labor is in short
supply and this is creating
a problem throughout the
timber industry.
U. S. feed grain supplies for
1967-68 are up 1 percent from
a year earlier. In 1967-68 do
mestic use may increase
about 9 percent but exports
are expected to hold near
1966-67 levels. With a larger
supply in prospet, feed grain
prices are expected to aver
age below a year earlier, at
least through the first half
of the year. The supply of
feed grains on S. C. farms on
October 1, 1967 totaled 13
percent more than a year
earlier. Also, the 196^ prod
uction of corn and gYain
sorghum in S. C. is estimAted
to be up 55 and 14 percent
respectively from last year.
The number of all cattle
and calves on U. S. farms
on Jan. 1, 1967 may be dowh
Vfc million head from a ytat
earlier. Since the decline will
be in dairy cattle, bee# pro
duction in 1968 and 1969 can
continue near 1967 levels.
Cattle prices in 1968 are
pected to continue re
strong atid average about
saihe as in 1967.
tl. S. Pork production ft
1968 is expected to be some
larger with prices for the
year as a whole averaging
ffarm* sud ra:!; receipts from
itiilit salts Jh 1968 are expec
ted to hold near 1967 levels,
bdrrirtg unforeseen develop
ments.
A cutback in U. S. egg and
turkey production and a
smAll increase dn U. S. broil
ed production appears likely
in 196$. The reduction in out
puts of eggs and turkeys and
holding U> a small gain in
broiler output reflects pro
ducers response to lower
prices and rising costs. With
new poultry processing
plants located in the state,
dsmand for S. C. produced
turkeys and broilers should
continue favorable in 1968.
The over-all economic out
look for 1968 is good. Pros
pective increases in output,
employment, and consumer
demand for S. C. and the
U. S. point to a further ex
pansion of economic activity.
This will insure a strong
demand for farm products.
RAILCAR STEEL
Practically all the new
passenger cars built for rail
roads in the United States
during the past 20 years have
been sheathed in gleaming
nickel stainless steel.
PC Receives
ESSO Grant
A $2,500 grant has coihe to
Presbyterian College from
the Esso Education Founda
tion as part of that organiza
tion’s 1967-68 aid-to-education
program President Marc C.
Weersing announced today.
He said the PC gift for un
restricted use was included
among grant totaling $2.6
million made By the founda
tion to a number of colleges
throughout the nation.
M. L. Haider, chairman of
Fsso Education Founda
tion, commented on the cur
rent program with these
words: “The funds available
to the foundation are limited.
Therefore, it is paramount
that the Esso Education
Foundation continue to study
the changing needs of higher
education and strive to ad
just the emphasis of its grant
programs to achieve the
most meaningful results.
The increased attention we
are giving to the areas which
will accelerate the progress
of education is one manifes
tation of the changes in the
foundation’s approach.’■
fjthe
World's best-tasting
health & beauty aid
Pet Skim Milk — makes
weight-watching a happy routine!
ti
below 1867 levels.
Milk
production on i c.
IP.
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KHfmtJiJEfA'’:
Effoetive next week our offic* h«^ i^UwSnf «rWb» ifaAi S:00'
•• m. until 5:00 p. m. Mondays tflr<ftj0tFMllft t * i
Offic. will be 8169144* Sft&rdoys;
Jiamy 13> 1888,«j
A drop box I* provided at the offtee ifVA»«W»hlem»tf
te payyout bill when the office UddW# «|
Tv
V-/ .. if*; ... • .•
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service rtllt.
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After lo these mony yeors bur humble
libie bug has gone automatic
Gde® is the clufnfc
Gobe is the wifer# whfne, “It^s cutw, but
I canl drive it.”
Gb«e Is an era olVelkMvaeendam. Sniff,
AnN in its place! ’ jfe i
A Vdlkswagen you can drive all over
town #hevi 'm ,.
ton the higlppio ,
Uhls is an economy move. Which,
- after aft is stiH the n«w oi the pa me.)
>u -do have ft cIGicp.lfythl mafter
drive it the easy way Idescribecf
jOr you cae skut out in Jow and
irouah thfjpii ip reuujor
TWlulomolic slick ihili U en oplloni
you pit a little mopfcji .
ButV^u do a l “*“ :
n 45
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