The Daily Banner, Greencastle, Putnam County, 29 December 1964 — Page 7

Farm Exports In This Hemisphere Reach New Peak

WASHINGTON UPI —U. S. farm exports to Western Hemisphere countries reached a new peak of $1,154,000,000 in fiscal 1964. according to the Foreign

Agriculture Service.

The total value of U. S. farm products sold to Canada and other countries in the Americas in fiscal 1964 was 15 per cent

above a year ago.

Major commodities exported i

were: Wheat and flour, $238 million; corn, $113 million; fruits and preparations, $1281 million; vegetables and preparations, $86 million; soybeans, $79 million; cotton, $63 million; meat and meat preparations,

$54 million.

Canada was the biggest buyer ! of U. S. farm products—$618 I million. This included an esti-

mated $160 million of in-transit shipments placed in bonded storage in Canada and used to finish loading ships moving through the St. Lawrence Seaway. FAS said U. S, farm exports to to Canada, excluding Intransit shipments, were 8 per cent of total U. S. farm exports. FAS said shipments to Canada included. Meat, about half of which was fresh pork, $31.5 million; corn, $88.9 million; soybeans, $76 million; vegetables and preparations, $60 million; fruits and preparations, $108.4 million; cotton, $58.3 million; wheat, $61.5 million; and large amounts of feeds, fodders, vegetables oils rice and tobac-

co.

Latin American countries j took $526 million in U. S. farm j products in fiscal 1964. FAS

said $343 million represented commercial sales and $193 mil.p ams ’ mainl y Public ^ 480 ' lion were under special pro J the surplus disposal law.

Next Year Will Not

Be Quite Up To 1964

WASHINGTON UPI — “A good year, but not so good as 1964." That in a nutshell is how President Johnson’s top advisers see the economy in 1965. This kind of outlook, they hasten to add, makes it doubtful that unemployment rolls will be reduced much during the coming year. Their assessment is popular among government analysts

outside the White House too, although some do not rule out the possibility of either a boom or a recession. Overall, there is less certainty about the business picture than there was a year ago when the chief question was how far and how fast the economy would advance after the tax cut. Johnson’s Council of Economic Advisers is making its plans

on tha assumption that U. S. production will grow about 4 per cent in 1965 compared to about 4 per cent in 1964. Chairman Gardner Ackley described this rate of expansion as "excellent . . . but not one that has us jumping up for joy.” He said a 4 per cent growth is not enough to reduce unemployment, eat into unused plant capacity or expand business profits. Why the expected slowdown

in 1965?

“We’ve just about had it the lift from the tax cut,” was how one highly-placed analyst put it. Although the tax cut’s final installment goes into effect in 1965, the withholding rate on wage earners fell the full distance last spring. Thus the feeling in the council is that little more in the way of a boost to consumer

The Daily Banner, Greencastle, Indiana Tuesday, December 29, 1964

spending can be expected from that source. Excise tax reduction, promised by President Johnson for 1965, is counted on to do little more than offset a possible letdown after consumers have made up the auto purchases they missed during the fall strike.

For a summer treat, try lemon sherbet with chilled canned apple sauce.

Use a quick application of clear nail polish on an envelope flap when normal adhesive doesn’t stick.

Use a moth ball as the center to wind a hank or yarn into a ball to store.

* * •

Use paper clips to hold plastic material instead of basting which will leave pin marks.

• • •

Rhinestone buttons and buckles will sparkle if soaked in liquid detergent for about 15 minutes and then rubbed with a flannel cloth.

Hot Dog Is 60 NEW YORK (UPI) — This Is the 60th anniversary of the hot dog. It was at the St. Louis Louisiana Exposition in 1904 that a concessionaire first put a wiener in a bun. Last year Americans consumed an estimated 13.6 billion hot dogs.

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