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Show 6 Kniery County Progress Thursday. Feb. 1!76 5, Richfield Auction charged for P&S act violations Richfield Auction Co., Inc., Richfield, Utah, and its manager and principal owner, Eugene King, have been charged with violating financial, payment, trust account, conflict of interest, accounting, and' record- keeping requirements of the Packers and Stockyards Act, the US its payment and accounting to livestock consignors by using proceeds received from the sale of consigned livestock for purposes of Garbage own, other than payment of net proceeds to the consignors; Had shortages in the markets trust account for proceeds received from the sale of consigned livestock; their 50-1.- M 500-60- Emery & Ferron CALi $33.00-36.0- PHONE 384-271- Market 6 required-und- er (in evening) 5. 5. lbs. 580 555-72- Good $28.00-33.7- lbs. 5 675-106- 0. and Standard Holsteins $27.00-32.0- 350-67- 0 0 Good lbs. $23.10-26.7lbs. Holsteins 5. $24.75-28.2- The Red Bluff Bull Show and Sale which has the reputation of being one of the Wests foremost Hereford events, upheld that tradition once again as Hereford breeders from six states brought their best to the 35th annual show and sale. Feeder Heifers: Choice 231-40- lbs. 0 400-50- 0 5, package gaunt 368 lbs. 0 Choice lbs. $27.25-28.75 Choice lbs. $25.00-28.2Good 360-62- 5 lbs. $23.75-26.5- $34.00. Two 5, lbs. $35.25. lbs. $27.50-32.2- 258 package Choice $28.00-32.2- 500-65- Ferron ranchers had animals placed in the show where a total of 292 bulls In the range competed. ready category. Arrow Huntington plans auction Richfield long-ter- are agencies the P&S individuals f"r or families. 1 0. Slaughter Cows: High Utility and Commercial Other Utility Cutter CASTLE VALLEY & ScjppDy 1st South and Main Street $21.50-25.5- $19.00-24.0- sifted and graded event of its kind in America was capablv handled by George plimentary of the 292 bulls that brought an average price of $867 apiece to make the Red Bluff Show and Sale another highly successful Hereford event. 0. Slaughter Bulls: Yield Grades 1450-206- 2, lbs 0 $25.50-31.2- Slaughter Steers: Few 5 and Choice lbs. $33.25-37.5Standard 0 and Good Holsteins lbs. $29.50-34.0Slaughter Heifers: High 5 Good and Choice lbs. $31.20-33.5- Good 925-118- 0. 990-120- 0. 756-107- 0. farmers and ranchers in Sanpete, Sevier, Emery, Wayne, Piute, Garfield, Kane, Washington, Iron, and Millard Beaver, Counties in Utah; Clark and Lincoln Counties in Nevada and Mohave and Coconino in Counties Arizona, through the Federal Land Bank of Berkeley, one of 12 such banks in the nation. These banks obtain their lending funds through the nationwide sale of Land Bank bonds to the investing public. All stockholders of the Richfield Association are invited to attend this years annual meeting. First Security plans agricultural study tour with V-- a 128 SPun North Main Huntington Phone 687-258- 3 .i- today to transportation on 1975 CSgtogosgoCxd IBSCxes provided from outlying areas. Buses will converge upon Salt Lake City the of Saturday, morning February 21, and then will Tommy Mortensen Owner proceed in caravan fashion to Elko, Nevada for the first Collect 7 o Electric Sewer Service o Estimates Work-fre- e BONDED LICENSED INSURED OmniGogiDinieeirninig Imagination and know how combined to give you the best In all your remodeling and building needs. Siding & Roofs Complete Remodeling and Additions. , New Homes Built To Your Plans Roofs Additions Remodel 1 From our new 976 Models Leon Mortensen Northern 1973 1974 1975 California, the tour will progress south through the interior of California. are Overnight stops scheduled for Sacramento, Modesto, Fresno, Bakersfield and Las Vegas, inFurther Nevada. - . . KX Motor Cross MX Motor Cross 250 KEl .$400 .$800 .$750 5 Ferron, Utah m - List $568 List $722 List $146 at... Perron Auto Service thats basically lor the birds is that an albatross hovering above a ship would bring on bad weather! 1 - Four KM 100 See these bikes today 384-277- - List $910 List $812 Used Dikes A belief & Supply Six KE 175 .. Four KE 125 Two KD 125 . BX200A1 .. - New Construction Located at Castle Valley Plumbing 7 Collect Ph. facility. 1976 1976 1976 ...and see quar-terhors- e Dealer For: Alcoa Aluminum Siding overnight stop. The type of tour was started some 25 years ago by First Security. We feel that in order to compete successfully, the farmers and ranchers of our area have to learn about new improved methods of operation being employed in other parts of the country, Mr. Hanson explained. Every tour we have taken has proved very successful and many people signed up for this year's tour are repeaters, i firmly believe this years tour will be the best of all, he said. Four participants will see first hand such progressive and profitable operations as the Meadow Creek ranch in Auburn, the Garrett Beckley Simental cattle operation, and the Carnation Genetics A. I. breeding farm research first-han- d o Cooling o Supplies o Plumbing o Heating t' of enthusiastic crowd of buyers were also com- IFecTOini Your Kawasaki Dealer in Ferron, Utah C0iii) job that is the largest, highest quality, Or., and Bill Verdugo, Clovis, Ca., who complimented the exhibitors on the quality and usefulness of the bulls that was evident in all classes. A large, During the reign of Charles I an edition of the Bible was printed in which the text of Psalm xliv, 1 read The fool hath said in his heart there is a God. For this mistake the printers were fined 3,000 pounds and all copies were suppressed. Come in 384-277- difficult The placing the show Burlingame, Ca. ; Cameron Cliff, LaPine, $24.50-28.0- great opportunity to formation and registration study some of the finest details can be obtained cattle and dairy operations from any First Security in California awaits Utah Bank office. farmers and ranchers who sign up for the First Security Bank of Utah, N. A., Sunshine Agricultural Study Tour departing February 21. by First Security Bank and Western Livestock Journal, the tour will take participants to some of the most progressive livestock and farm operations in the Western United States. Roy W. Hanson, senior vice First president, Security Bank of Utah, N.A., says tour reservations are coming in well, but there are still plenty of seats remaining. Plans call for buses or originate at four basic locations within the state, Logan, Spanish Fork, Vernal and Nephi o o o Ph. -5 bulls. Strathern, 670-87- 5. A pDuDuDlbnragj Ranches won the Reserve Pen of Five and Crawford Hereford Ranch won the Champion Pen of Two and Reserve Pen of Two. featured show The Register of Merit points being awarded to the sires of winners in the pens of Richfield land bank schedules meeting maintain a solvent Act-- to $33.00-37.7- 750-91-5 0, $31.75-34.7- correctly disclose all transactions involved in desist order. 0 600-73- 5 r, Auctions registration could also be suspended. T Orangeville W Elmo & Cleveland F $34.00-40.2- Sanitation Huntington 0. 400-50- 0 OWENS Schedule 50-1.- 275-40- 0 their livestock business. Filing of the complaint does not prove that either of the respondents have violated the Packers and Stockyards (P&S) Act. They have a right to a hearing to determine if the evidence supports the charges. If the charges are proven, both respondents would be placed under a cease and Pick-U- p Salable at auction 725 compared 700 last week and 430 last year. Average attendance. Broad demand for slaughter cows and bulls. Other classes, fairly good demand. Feeder steers lower, full decline on partly fattened steers over 700 lbs. Steer 1.00-2.5- 0 Department of Agriculture (USD A) said today. Richfield Auction Co. is Issued insufficient registered as a market agency and dealer to buy funds checks and failed to and sell livestock. Its trade pay, when due, more than territory includes Utah and $25,000 worth of net northern Arizona. proceeds due to consignors; USDAs Packers and Employed Cy Manwill, Stockyards Administration a packer, as ringman and adin an weighmaster, and percharged ministrative complaint that mitted him to have a Richfield Auction Co. and financial interest in the livestock market; Eugene King: Permitted the aucOperated the market agency business from tioneer, Met Johnson, and Cy January through March to 1975 while the markets Manwill, purchase current liabilities exceeded consigned livestock for their own accounts; Submitted accounts of sale to consignors which failed to show the true and correct names of the purchasers; and Failed to maintain sufficient accounts and records to fully and For Easy Satina Auction financial position, to pay promptly for livestock, and to properly maintain a trust account for proceeds received from the sale of consigned livestock. These are designed as measures of financial protection for the sellers of livestock. Market agencies are also calves steady. Feeder lower. Heifer required to maintain an heifers calves instances 1.00 strong, arms length business cows higher. Slaughter between the relationship higher. Bulls fully buying and selling sides of the market in order to steady. Few slaughter prevent conflicts of interest. steersno and heifers offered, price comparison. Market agencies are not but Supply about 55 percent permitted to maintain a feeders. financial or management interest in a packing firm, Feeder Steers: Choice nor may a packer maintain lbs. $34.75-40.0or management ownership Package high Choice 329 control of a market agency. These are considered to be lbs. $42.75. Choice package conflicts of interest. Per- lbs. sons employed in the actual high Choice 406 lbs. $43.00. lbs. conduct of auction sales are Choice Choice lbs. not permitted to purchase Choice livestock from consignment lbs. Good 350- for their own speculative accounts. The P&S Act is a fair trade practices law. It promotes and maintains fair and open competition in the marketing of livestock, 1976 The Annual poultry, and meat. The record is this case is Stockholders Meeting of the Land Bank open to the public. Copies of Federal this complaint, P&S Docker Association of Richfield will 5238, may be obtained from be held Feb. 11, 1976, at the Information Office, noon at the Garrett Room, Packers and Stockyards Rodeway Inn, 69 South Administration, USDA, Main Street, Richfield, Utah. Washington, D.C. 20250. Association Manager, Millard V. Owens, said one of the highlights of the meeting will be a report on the associations financial A building fund dinner and a summary of position and auction has been the past years lending scheduled for February operations. An election to 21, 6 p.m. at the Hunselect two directors will tington Second Ward. also be held. Everyone is welcome to The Richfield Association attend. Donations are loans to makes requested, tickets will be available at the door current assets; Endangered prompt ringman-weighmaste- I Ferron bulls place in competition |