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Show The Utah Enterprise Review , March 16, 1977 Page 2b AIR CARGO to SAN FRANCISCO Utah Farm Prices Gain Utah and farmers and ranchers received generally higher prices during February than in January, according to the Utah Crop and Livestock Reporting Service, U.S. Department of Agriculture. LOS ANGELES Sunday thru Friday Next morning delivery Meat Animals and Wool: Utah steers and heifers averaged $33.00 per cwt. during in-bou- nd mid-Februar- and y, 1977 com- pared with $32.60 in The February 1976 price was $34.40. Calves in were $35.20 per cwt., $3.30 above the January price of $31 .90. The price a year ago was $34.80. Cows at $22.90 per cwt. were $2.30 above last month, but $1.90 less than a year ago. Sheep were down to $10.10 per cwt. from January's mid-Januar- y. out-boun- d! mid-Februa- Adeiphic CargoExecutive Enterprises Sail Lake International Terminal (801) S33-081- Airport, 8 ry $11.00 and last years $11.50. Lambs were $45.80 per cwt. in up $1.00 from January but down 10 cents from last year. Wool is up a penny from last month at 71 cents per pound and up 25 cents from February 1976. Hogs at the U.S. level averaged $39.30 per cwt. compared with $38.00 in mid-Februa- -- ry January. Dairy and Poultry: Milk cows averaged $480.00 per the head in same as the January price. Last year the price was $455.00 per head. The preliminary all milk price at $9.20 per cwt. was down 15 cents from January and down 35 cents from a year ago. Turkeys averaged 34 cents per pound in February, down 1 cents from January and unchanged from a year ago. Eggs at the U.S. level averaged 66.2 cents per pound, up slightly from 65.1 mid-Februar- y, cents last month. Last years February price was 59.8 cents. Crops: Utah barley pre- liminary price for was $2.17 per bushel mid-Februa- ry compared with Januarys revised price of $2.11 per bushel. Last years February price was $2.40. Alfalfa hay was $57.00 per ton in February, up $1.00 from January and up $3.50 from last year. Feed: Prices paid for feeds were higher or un- changed from a month earlier. Midlings, com meal, were and dairy feed 16 unchanged from while all other feeds purchased by farmers in were higher than January. mid-Januar- y, mid-Februa- ry UNITED STATES The Index of Prices Received by Farmers increased 4 points (2 percent) to 187 percent of its January-Dec-emb1967 average during the month ended February 15, 1977, according to the Crop Reporting Board. Contributing most to the increase since were higher prices for cattle, er mid-Janua- ry broilers, hogs, soybeans, vegetables, and cotton. Lower prices for corn and milk were partially offsettThe index was uning. changed from a year ago. Ball Speaks FredS. Ball is the Executive Vice President Salt Lake Area Chamber of Commerce Costly Paper Work Exercise Is paperwork a problem for small business?? And the consuming public?? Listen to a report I heard recently from a tire dealer who responded to the Commission on Federal Paperwork: The Department of Transportation (DOT) requires tire WHAT PRICE COFFEE? As if you didnt know, coffee prices are up. For that matter, cocoa is too. During the last year, coffee rose on the commodity markets from 550 a pound to $2.50. In the same period of time, cocoa jumped from 900 to $1.85 a pound. Although speculation involves a certain amount of risk, many people just like you have turned these increases into profits while limiting their risks through the use of options. If you want to; know how they did it, call us. Were the option people. dealers to record each tire sale. Youve seen the tickets they fill out, because you get a copy when you buy a tire. The main purpose, though, is to send serial number, name and address to the manufacturer so that if any faults are discovered in a batch of tires, the manufacturer can notify the dealer and the dealer can contact his customers to replace the tires. A bother, perhaps, but good for the customer, right? Wrong, says Mr. Tire Dealer. First, since this requirement became effective in 1971, he has never had to replace a tire as a result of the registration procedure. Second, it costs him about $1.50 per tire to do the registration. He has to train and supervise 28 employees to fill out the form and, with turnover, this goes on almost continuously. The salesmen make the entries. A bookkeeper checks the accuracy of the salesmens entries. And the firm has to retain its own records. The manufacturers cost is in addition. Since Mr. Tire Dealer has never had to use the system, he charts it up as a total waste. DOT disagrees, pointing out that 3 million tires have been recalled due to suspected manufacturing defects since May, 1971. Thats a lot of tires. However, the National Tire Dealers Association, has records indicating that more than 600 million tires have been sold since the registration law went into effect. That means recalls have only accounted to one-haof 1 of production. Or, to put it another way, that means 199 customers out of 200 pay $1.50 more per tire so that one customers out of 200 may be told if his tires are possibly defective. Or, if Mr. Tire Dealers experience in small business - 32 employees, $1.5 million gross sales - is close to average, consumers who bought the 1975 production of about 175 million tires paid almost $260 million for a tire recall system lf Sumbott Dtnmu&Wj) 210 - SALT PHONE (801) 1341 SO. STATE ST., 486-358- LAKE CITY, UTAH 84115 1 NOW WITH OFFICES IN SALT LAKE. NEW YORK. NEW JERSEY. OKLAHOMA CITY, MIAMI, HOUSTON, DALLAS, HONOLULU AND MOLINE, ILLINOIS that is mostly paperwork. Yes indeed, government regulations do hurt small business! |