| Show Moroni Feed Co Banquet Speaker Optimistic On Turkey Outlook A note of optimism for the future of oC turkeys and the future o cf of the West was sounded by Dr Elroy Nelson vice president and economist for First Security Bank Corp as he spoke at the annual Moroni Feed Co Banquet last Saturday evening Dr Nelson Nel Nel- Nelson son based his prediction of a n abright abright bright future on the mounting population in western markets the increase in turkey consumption consume tion Hon and the fine ine reports on the value alue of oC turkeys from rom organizations lions such as the American M D Dietetic Society Clifford Blackham served d as master of ceremonies for the banquet proceedings with a word of welcome extended th the group by Howard Blackham Moroni Feed Co president Musical Mu- Mu Musical Mu lu numbers for the program included vocal solos by Douglas Keeler accompanied by Bernice Bernicef f Keeler and Mildred Jenson a accompanied ac accompanied ac- ac companied by LaVar Jenson all of Manti Mantl and selections by a Moroni ladies trio Dr Nelson was introduced by Mr Blackham and opened his r remarks marks with comments on the abundance of fine food at the banquet and the very fine chapel I they were meeting in lie He paid c to the Moroni Feed Company and said they are classified as the most successful to be found on the ratio of assets as asSets assets as- as sets to liabilities and a growth report Recessions Similar Similar Similar- Speaking briefly on the present present pres pres- ent recession Dr Nelson said it is very similar to the recession recession reces reces- sion slon of 54 1953 but said he doubted the recovery would be beso so sudden He told the group he thought the recession had reached its maximum as the month of February usually sees the lowest business weeks in the jear ear The availability of oC credit vas was given as ast t one reason cason the recession should should not worsen Dr Nelson spoke highly of Secretary Benson and his program pro pro- gram lIe He said those who are against Bensons Benson's plan for agriculture agriculture agriculture agri agri- culture admit they are arc seeking a quick though temporary solution solution so solution so- so lution of the knotty problems t of oC the industry Figures given f b by the speaker showed snowed that Utah enjoyed a good year in 1957 in the agricultural f field eld turkeys the one black spot f on the report Turkey Outlook Good r Going into the turkey situation situation situa situa- r tion Dr Nelson said the number number number num num- ber of pounds in storage is almost down to 10 the amount listed list list- eil ett a year ago and although the production for this year was forecast to be greater than last year ear the performance does not indicate this To date he said there have been 25 per cent F. F fewer hatching eggs and 28 per percent cent fewer than last year Additional turkey consumption was forecast by the speaker as ast asI I t Y J Y J z j f rJ he noted the increase in the price e of beef He paid compliment compliment ment to the advertising program cf d the turkey industry and said It was showing up in turkey sales He gave figures showing that turkey consumption was 14 pounds per capita in 1929 34 pounds in 1945 and 65 pounds in 1957 Turkeys Our Top Crop Turkeys Turkey mean more to Utah than to any other state according according according accord accord- ing to Mr Nelson and Sanpete County remains one of the 10 la top turkey producing counties in the nation The Income from turkeys Is now double that of the sheep industry in Sanpete and md accounts for 45 per cent of the Sanpete farm income Mr Nelson said The rhe importance of the production lon lion of turkeys and food products products' products products products' pro pro- ducts ducts' was stressed by the speaker speak speak- er who said the 11 it western states may absorb up to one third of the national population increase in the next period of years cars Utah has grown 59 percent per percent percent cent since 1940 and our population Uon tion is increasing 40 per cent cent faster than the national average way Mid in his talk Mr Nelsons Nelsons Nelson's Nel sons son's wrist watch began to buzz He said it was a watch designed for wards especially on High Council night He was presented with a beautiful dressed dressed dress dress- ed cd bird at the conclusion of the program J |
