Oregon produces 58% of the
©ation's plywood.
WHAT'S THE WORD?
<G«Jio Winery, Modesto, Calif.
Agriculture Tops Manufacturing Investment
As a result of its own tech- j
nological revolution and other
structural changes, agriculture
has emerged as one of the
high-capitalization areas of the :
economy in recent years.
In fact, farming’s average in- j
< vestment per worker in terms
i of assets used in production has
exceeded that for manufactur
ing for more than a decate, ac
; cording to an analysis of data
compiled by the U. S. Depart
ment of Agriculture and the ,
National Industrial Conference I
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Board. The estimates for 1960
were $22,100 of investment for
each farmworker as compared
with $19,900 per production
worker in manufacturing as a
whole. Back in 1939. production
assets per farmworker of $3,400
represented less than two
thirds of the average invest
ment per worker in manufact
uring.
Need For More Savings
This develooment and its re
lationship to the problem of
meeting the growing capital
needs of our high-investment
economy take on added signifi
cance from the recent study of
capital formation and its fin
ancing in the United States
made by the National Bureau
of Economic Research and fin
anced by a grant from the Life
Insurance Association of Am
erica. The study emphasizes
the need for more savings to
promote faster economic grow
th, declaring that outlets for
capital use have multiplied
more rapidly than savings.
Behind the growth in agri
culture's capital needs has been
i a forfold rise in total produc
tion assets combined with a
I rfiarked reduction in the num
! ber of farmworkers over the
last two decades. During this
I period farming's production as
| sets rose from less than $40
‘ billion in 1939 to around $158
billions in 1960. These figures
i exclude farm operators’ dwel
j lings and the family share of
i other assets. Farmland and ser
1 vice buildings represent about
: three-quarters of production
| assets in agriculture, a much
i higher proportion than the
..... u u u u V VV MWWMMWWWWWWWJ
comparable relationship in
manufacturing where the phy- (
sical assets are nearly equally
divided between structures,
equipment and inventories. |
A long-term decline in the
REDINGTON, JR.
TAKES BIG LAKE
DOG TEAM RACE
Joe Redington, Jr., 18 years
old. seems to be following his
dad’s footsteps in the dog rac
ing field. This past Sunday he
placed first in races held at Big i
Lake by the Aurora Dog Mush-'
er. Club. He topped 11 other
entries including his father,
with his time of 1:01:24 for the
14-mile trail. Running second
was the team of Charles Wade,
turning in 1:07:3075 for his
time. Third place was taken by
Ed Carney. 1:10:36.
Other entries icnluded: Dick
Kupsack. 1:12:16; Bud Smyth,
1:13:45; Clay Petronavich, 1:18:
3950; A1 Hibbard, 1:20:51; Joe
Redington, Sr., 1:24:53; Jack
Carl, 1:49:42; Barney Ander
son, 1:50:47; Robert Lyttle,
1:53:46 and Homer Carney who
lost his team.
The first place trophy was
donated by Bud and June Lie
bing of A & J Enterprises; sec
ond place by A1 and Connie
Hibbard of Sunset Ranch; and
third place trophy by the To
tem Land Realty of Palmer. •
The races are held at Big
Lake each Sunday, starting at
1 p.m. and the public is invited
to attend.
L.I.V. -V- -It.'*. -V- *-!{. ******* * * SHHf*
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*
STARTING SUNDAY, JANUARY 21 §
Weekly Classes 1:00 - 3:00 P.M.
LITTLE SUSITNA SKI HILL |
6 2-HR. LESSONS $20
3 2-HR LESSONS $11 |
SINGLE CLASS LESSON $4 $
PRIVATE LESSONS, $7.50 PER HR. *
Register on hill or call PI 5-2190 after 6 p.m. *
*
HARVEY E. COOPER, Instructor
Member Pacific Northwest Ski Association
*
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Washing Powder 1AC
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agricultural labor force along
with the farm population as a
whole has been one of the ma
jor structural changes in farm
ing. Over the decade of the Fif
ties alone, for example, the
number of farm workers de
clined by around a quarter,
while the total farm population
dropped by more than mil
lion and now represents only
about one person in every 9 in
the entire population, as against
one in 6 in 1950.
Fewer and Bigger Farms
Accompanying this trend, in
volving a substitution of capital
Infernal Revenue
Checking; Highway
Use Tax Returns
District Director Lewis J. j
Conrad of the Anchorage Inter
nal Revenue District announc
ed a district-wide campaign by
the Internal Revenue Service
to make sure that owners of
heavy trucks and busses have
filed Federal Highway use Tax
returns covering the use of
such equipment on the public
highways.
j Director Conrad said that the
Internal Revenue Service has
gone to great lengths to obtain
i voluntary compliance with the
I Highway Use Tax filing re
quirements before restoring to
| enforcement measures.
This campaign will utilize
various available leads to those
who failed to file Highway Use
: Tax returns and is desinged to
j assure that all owners of trucks
i and busses, whose use on the
j highways is subject to the tax,
pay their fair share of the tax.
; Director Conrad said that the
Highway Use Tax became ef
fective July 1, 1956, and that
i the revenue derived goes back
to the states in the form of Fed
\ eral contributions to help pay
j the costs of the Interstate High
• way System now under con
j struction.
i .<■«<<<«.<.<<«<<<<«*
investment, mechanization and (
jther production innovations <
[or the traditional dawn-to- <
iusk physical toil, has been the 1
:oncentration of farming in ‘
fewer but stronger hands as a
result of the marked reduction (
in the number of farms, an as
sociated increase in the size of ,
farms, and increasing speciali- '
zation in agricultural opera- ,
tions.
The latest Census of Agricul- ,
ture shows that the number of
farms declined by more than a
fifth and that average size in
creased by a fourth since 1954
alone. This is in keeping with
the accelerating trend toward
farm enlargement in recent
years. Close to half of all farm
sales over the past year were
for this purpose, according to
the Department of Agriculture,
against a proportion of only
about a quarter in the early
Fifties.
Boom in Productivity
All these changes have mani
fested themselves in a specta
cular increase in agricultural
productivity. As a matter of
fact, gains in output per man
hour in agriculture averaged
over 6 per cent a year in the
1950-60 period, double the 3 per
cent annual average for manu
facturing in the period.
Thus agriculture has taken
on fundamental aspects of in
dustrialization, and it is inter
esting to note that what has
been happening in the United
States has its counterparts in
this respect in Europe and else
where in the world. A recent
United Nations survey states
that farming in Europe is in the
process of becoming a highly
capitalized business as a result
of modernization and mechan
ization accompanied by declin
ing employment. Note of this
has also been taken by the
Bank for International Settle
ments in its report of big man
power shifts out of agriculture
into manufacturing in countries
i like Germany, Japan, Italy and
Austria where unusually high
; rates of economic growth have
taken place in recent years.
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MATANUSKA _
r^/-.yrr ^
PALMER. ALASKA
Daily 10 A.M • 3 P.M.
Open Thursday Evenings 6 • 8 P.M.
■ i
i ■
t
Employment Security
Making Survey
The third part of a special re
quired survey on the “family
characteristics" of persons re
ceiving temporary unemploy
ment benefits is under way in
Alaska’s major cities.
Merrill E. Weir, Director of
the Labor Department’s Em
ployment Security Division,
said all persons filing unem
ployment claims in the State
network of Employment Of
fices under the Federal tempor
ary extension of benefits pro
gram will be asked to complete
the survey questionnaire.
The survey, to lie conducted
during the period of January
12-18, is the third of four which
will be completed in Alaska in
conjunction with the Federally
financed temporary extension
of compensation program for
persons who have exhausted
their unempolyment benefit
rights under the State act. The
first and second surveys were
conducted in May and Septem
ber of last year. The final sur
vey is scheduled for April.
The research studies are re
quired by the law which auth
orized payment of the tempor
ary extended benefits. The Em
ployment Security agencies of
all the 50 States are conduct
ing the same survey. The ques
tionnaire requests information
on topics dealing with age, oc
cupation, length of unemploy
ment, benefit amount received
and family finances.
Weir emphasized that the in
formation received is confiden
tial, and does not affect the
status of the unemployed work
man’s eligibility for unemploy
ment compensation. The Alas
ka survey, together with data
gathered in the other states,
will be used as guidelines in
determining the impact of un
employment on families.
COMMUNICABLE DISEASE
REPORT FOR THE WEEK
The communicable disease
report for the Palmer area,
ending the week of January 12,
included 12 cases of Rubeola
measles; 11 upper respiratory
infection; four chickenpox and
one each of diarrhea, influenza,
otitis media, and ringworm..*
tr
Cv
if
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OF OMAHA
MERRIT LONG
Box 773, Palmer
PI 5-4600
"Clean
with Sanitone"
ALASKA CLEANERS
NEW PICK-UP STATION
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JOYCE MAY
Palmer Hiway at
Sherrod's Vegetable Stand
PI 5-4900
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