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Show The Salt Lake Tribune, Saturday, August 23, 1964 Carmichael 8-- n Ml Strapped Cubans Halt Purchases Abroad ' . Alberto Mora as minister of for-eign commerce, and the unprecedented establishment of a min- s in its finances could force Cuba to suspend credit for 4 foreign purchases. Bank source said the center of the chaos appeared to be the Cuban National Bank. week and addressed to Cuban research center under construcr trade representatives tion, foreign overseas. The stop-bu- y IT 7 ALSO clarified hitherto edict also The drastic cutback was inordered an end to all negotiaterpreted to mean Cuba ha unexplained recent shifts in top ' ' already made, financial sources tions, spent more than It has taken economic posts which resulted Exempted from the order in and most retrench. said Friday. in the ouster of Reginq Boti from were parts and supplies needed the economy ministry, Marcelo THE SOURCES said the orders for the sugar and nickel indusThe latest development con- Fernandes as president of the were issued in Havana last tries and material for a medical firmed recent national foreign Cuban National Rank and Maj. NEW YORK, Aug. 21 (UPI) Cuba ha suspended purchases abroad and all letters of credit, including those for purchases WORLDS LARGEST PIANO MANUFACTURE! ' Baouttful Walnut in NEY FINISH f $10 dn. $10 mo. . 6 R FACTORY GUARANTEE -- 'f' SUIIIIERIIAYS IIUSIC CO. AM M061 3T1S SO. STATE lilliiiiiniiiiilautH n in w Itowmw Itiuiiii'W ffffjfii r , They said the bank was responsible for amateurish buying and handling of credits abroad and that this factor, together with the collapse of world sugar prices, brought about Cubas present plight llUlllilliil nmniiiiPM BEAUTIFUL PIMQ ? istry for sugar affairs. near-chao- - 1 , I trade council speculation based on reports from the Financial Times of Lomjpn and the New York Journal of Commerce that b rrv bav eiou&h BEW- - LOST-MO- OT 'MW' 23" SWIVEL TV CAjFl)SPf fOQ jPrice of Meat Climbs as NFO Strikes 21 CHICAGO, Aug. ivestock (UPI) 90 -L- AWAKENS YOU TO MUSIC er NO MONEY DOWN 1st PAYMENT IN AUTOMATIC TURNING ON TO YOUR FAVORITE . PROGRAM AT A PRE-SE- T TIME warranty on all parts y free 90-da- service NOVEMBER 77 LIFETIME PLACIR CHASSIS supply ONLY We ran errange for ne payments entll Nevember SIMILAR Limited te 23"Lowboy TV 24 10 watts power output Twin live- All Full 6" speakers i Minnesota and motorist fired truck in South WEElC .. . FREE - ROll-A-BOU- CART WITH PURCHASE OP MODEL 19" PORTABLI TV CART T NO MONEY DOWN -E- LUGGAGE THIN PORTABLE STEREO ASY 90-da- service. y NO MONEY DOWN MOTOROLA Similar year guarantee on parts and tubes. Volume controls SP51I FREE! 19P45 Clair and Jim Larson said hand wired chassis. Free Separate tone balance and PER Dakota. someone passed them in a car In Kingsbury, S.C., while they were carrying a load of livestock from Sidney, Mont, to Pipestone, Minn., when they beard a loud bang. system Automatic record changer Walnut finish on genuine hardboard Three-speak- MOTOROLA prices -- stopped ,41 5 TUBES moved higher at key markets and wholesale pork and beef prices advanced sharply at Chicago, threatening to boost the price of pork chops and steaks at the butcher counter. The National Farmers Organization (NFO) launched the holding action Wednesday in a area from Idaho to Pennsylvania in an effort to drive livestock prices higher and force buyers to sign contracts promising farmers a better return on their livestock operations. NFO parties stock thicks In in unidentified a bullet Into ft & $ A OR WALNUT FINISHES markets Friday on the third day farmers holding action and major meat packers began laying off slaughterhouse workers. hog Finished on all four sides. $ Ml & MAHOGANY of-- a AND $ PER WEEK COFFEE TABLE , ' With Trad sharply at many Midwestern CATTLE DAYS FREE SERVICE dropped receipts .STEREOl- - PARTS WARRANTY BANK TERMS-- 36 PER WEEK WITH MONTHS TO PAY -1- ST PAYMENT IN TRADI DELIVERY NOVEMBER-FR- EE sThey stopped and checked their tires, believing it a blowout, But the tires were aO Better than a baby right They said they found a bullet bole to their cab, indicating the bullet missed Clair Larson by inches. Groups identifying themselves as NFO members and wearing NFO buttons stopped several trucks. A party of about 20 halted a truck near Lake City, Minn., and slashed three tire valve stems, flattening the tires. OREN LEE Staley, president ofthe militant organization, said the campaign was showing far greater strength than a similar holding action two years ago. As livestock receipts fell, meat packers began to announce curtailments in operations. COSCO&f pen! 4 WILSON A CO. announced it ! was reducing its slaughtering forces at Omaha, Neb.f Kansas City, Kan., Cedar Rapids, Iowa, and Albert Lea, Minn., in line with the lighter livestock receipts in prospect for next week. SALT LAKE 21 CITY, Aug. (AP) Sherman Harmer, secretary of the Utah Cattlemens Assn., said Friday his organization wants no part of a move tel try to raise meat prices by holding animals back from mar- ii ONLY LIVING ROOM SET CHOICE OF COLOR FOAM REVERSIBLE CUSHIONS ZIP OFF COVERS FOR EASY CLEANING NYLON COVERS - FIVE-PIEC- DINETTE E No-M- ar 1 Top Ixt. leaf Padded Sort nd Rack MAPLE BUNK BEDS 'Stv SM Includes beds, 3977 rar i 4 1 i ) if i i t peal a 6-P- C. BEDROOM SET n cloth-bocka- d Hif first lo. 10. 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AU turfacea wipe dean with t dampdoth. t i Wide choice of frame colors. See it right away thick steel, guardrail, ladder and link springs, . Of -- a - ket LWE IN UTAH are in favor orderly marketing, Harmer said. That is marketing when chttle are ready to sell, not earlier and not later. iHe cominented on a proposal by the National Fanners Organization (NFO), which is asking fanners to hold their meat animate back from market until prices reach what the NFO con- eiders an adequate leveL WE HAVE NOTHING to do Tilth the NFO and we dont hold with this theory, Harmer said. He said cattlemen would lose money by not marketing their animals promptly. When you hold cattle back they get fat, he said. And fat is Waste which wholesalers dont , want So the price per pound for overweight cattle is lower than it would be for cattle at the ' right weight. Harmer said as far as Utah cattlemen , he knows no have responded to die NfO ap- sitter-th- is 6 T 3500 South! |
