Bastrop Advertiser and Bastrop County News (Bastrop, Tex.), Vol. [122], No. 51, Ed. 1 Thursday, February 19, 1976 Page: 2 of 14
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Bastrop (Texas) Advertiser. February 19, 1976
FCHUSHED EVERY THURSDAY AT BASTROP, TEXAS 7MB2
AMY £ STAND1FER. EDITOR
R. E. STANDIFER ana SON, PVHUSffiRS
as Sraod Cass Matter at (he Post Office at Bastrop,
Under Act of March X IWt
□
member 1976 ASSOCIATION
Pinev Creek Philosopher Amazed
To Learn That Environmentalist
Claim* Fireplaee Won't Warm \ on
Editor's note: The Piney
Creek Philosopher an his
Johnson farm on Piney comes
to the defense of fireplaces in
his latter this week.
Dear Editor
I don't guess there s anything
funnier than a far out envir
onmentaiist who has ran oat of
something to warn against.
According to an article I read
last night while I was sitting
n front of my
an environmentalist
figured oat that fireplaces
e out more warm air up
i the chimney than they
the room and are
an utter waste of
I started to get an overcoat
m wrap up in a blanket, but
then I got to thinking. What a
joke its been on man! You'd
would have
Here far centuries
before gas and electricity,
have been building
standing in front of
front of them,
them, ail the time
thinking they were keeping
warm but ail they were
according to this
Tree Service
Br SHANNON
Landscaping.
C Gardens,
and miscellaneous
, Free Estimates
Pi&p
I-Hut I
to express my thanks to everyone for
us to celebrate our Grand Opening Week
here at the Pizxa Hut Restaurant, of Bastrop.
like to congratulate the
that were given away.
I
of the
1st PL c. Q>nnn Blackweil of Austin
2nd Place. Albert Warren of Bastrop
3rd Race, Pam Knoch. of Paige
ADULT
1st Race. Koy ICragh. of Bastrop
2nd Place. Lon Smith, of Cedar Creek
3rd Prize. Ethel Higgms. of Bastrop
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70 rod mil MM
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ELECTRICAL
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T« AM
PENTA TREATED
FENCE POSTS
T7c
Ui
I.M
Austin South
6200 Burleson
512 31
Austin Horrt
10301 FW T325
5T2 - 836-1566
environmentalist, was chilling
the room, not to mention
polluting the air with smoke,
destroying the forests, and
maybe ruining the upper ozone
layer, which accounts for so
much flu lately or even maybe
the number of people running
for President.
Speaking of staying warm I
notice in nearly every news-
paper I read lately that utility
bills are going up and people
are complaining from one end of
the country to the other.
I have no solution for this,
but I thought Td tell you how a
bank in England in 1880 kept its
heating cost under satisfactory
control, according to what I
read in a book a friend gave me.
The bank informed its
employees that due to the
rising cost of coal and the
necessity to economize it would
continue to maintain its stove in
good working order but
whenever the weather was cold
enough for a fire each employee
must bring four pounds of coal
to work with him each morning.
I don't believe this would
work these days in a
twenty story office building.
There aren't enough coal yards
in most cities.
Yours faithfully.
J. A.
MARLNG-CHILDERV Mr. and Mrs. Garner W. Childers are
the engagement of their daughter. Kathv R
to Mr Tim Wade, -ton of Mr. and Mrs. Glen Wade of
Cat pas Christ!. Miss Maring, a 1973 graduate of Bastrop High
School. is presently attending Howard Payne University,
where she is a senior She will receive her degree majoring in
Spanish/ Business with Education minor in May of this year.
She is a -nember of Gamma Beta Phi, Kappa Delta Pf, and
TSEA. Mr. Wade is a 1972 graduate of Roy Miller High School
■ Carpus Christi. He majored in Bible, with Greek minor,
graduating Magna Cum Laude from Howard Payne University
in 1975. He is currently associate pastor of Baptist Temple
Chnrch, Ivaide. The wedding date is May 16, 1976, at 3:00 p.m..
.it the First Baptist Church in Bastrop, with Dr. J. T. McCIain
Musings
(Continued from page one)
That's where we are right
now. Until the winter is over,
we can't very well cut off our
natural household gas. or turn
off the electricity. In time we
might be able to devise some
means of cutting down on
consumption. In summer we
could leave the windows open
some of the time. I know a
couple not far away who have
both a house and a mobile
home. In the winter they live in
the mobile home, thereby
cutting the heating bill in half.
Some of us could begin to
phase out that part of our
equipment which oseS the
higher priced fuel. Right now, I
feel that I will not replace my
own natural gas household
units, but will replace them
when they wear out with
electric units. U nless. of course,
electricity also begins to shoot
skyward.
Perhaps the ultimate out-
come of it all will be some more
government control. One un-
happy customer; or a dozen, or
even a hundred, do not make
much trouble -for a big
company. But the hardest rain
that ever fell was made of
individual raindrops. When the
present wave of customer
indignation reaches a power
state across the country,
something drastic is likely to
happen on the federal govern-
mental level.
Meanwhile. I guess we'U just
have to grin and bear it. Or
rather, pay ' the bills and
wonder who and where the fat
cats are who are staying so fat
at our expense.
HOfflCiOAAl
You may know
building a
advantages of
in the country.
But do you know the advantages
of financing it through
the Federal Land Bank?
Nov rfte Federal Land Bant* offers financing for
rural homes ro qualified non-farmers as well as farmers.
Who is qualified'' Generally, any family who lives—or
plans ro live—on a farm • country acreage, or in
certain towns af less th&' 7 JO popu^ on. ,
Land Bank loans are joe for long terms to keep
payments small Prepayments may be made without
penalty and interest rates are as lcw as economic con
(htiorrs permit. If you are thinking about a rural home
loan—to buy. build, remodel or refinance—be sure to
investigate the possibility of Land Bank financing.
See
L. Sims !Mgr
B i 159 252 H. Main St.
71.T"*SMS7M
to build •
Texas Feedlots
Locally Owned
To Urge Use of
County Brick
in Facility
Bastrop County Commis-
sioners. appointed Mrs. Quinn
Schlort. George Williford and
Rev. G. R. Gowin u, fill
vacancies on the county Child
Welfare Board, at their regular
meeting held in the Commis-
sioner's Courtroom on Mon-
day of last week.
They also instructed County
Judge Jack Griesenbeck to
negotiate agreements with the
county's three incorporated
cities, Elgin, Smithville and
Bastrop, for licensing, inspect-
ing and enforcing county septic
tank orders.
Action on a petition by Curtis
Fleming and 35 others for the
opening of 1.5 miles of the old
Piney Road in Oak Hill
Community was deferred
pending further study.
The commissioners heard a
request from County Tax -
Assessor Collector. Clyde
Reynolds for additional office
space to increase efficiency.
The group. by general
agreement, said they would
promote the use of locally
produced brick in the construc-
tion of the Federal Youth
Center when that facility is
begun in April.
HELP AT HOME
More than 270.000 cancer
patients are helped each year
by local Units of the American
- Cancer Society. The assistance
includes gifts. loans, transpor
tation services, rehabilitation
work, information and referral
services.
Close to 85 percent of the
cattle in Texas feedlots are
locally owned. This is in
contrast to just a few years ago.
During the period of rapid
growth in the late Sixties, when
Texas was being boosted to the
top ranking feeder state, much
of the cattle feeding was in the
hands of investors from outside
local areas. Not only were they
seeking profits in cattle
feedingt but some were also
looking for tax shelters.
Now. according to a survey of
banks active in cattle feeding
loans, not only is most of the
cattle locally owned, but most
of the financing is through local
banks.
Banks in cattle feeding areas
furnish about half the credit
needed to carry on feeding
operations and arrange for
another tenth through corre-
spondent banks.
These have been the propor-
tions handled by banks for
some time, much of the rest of
the financing coming from local
production credit associations.
But the increase in costs of
feeding out cattle has combined
with the greater number of
head on feed in most areas to
boost the amount of bank credit
needed to support feeding
operations.
Where feeding costs averag-
hJ about 25 cents a pound of
weight gain in the Sixties, they
are now closer to 45 cents. And
where there were about 1.1
million head on feed in Texas at
the beginning of 1969, there'
were nearly 1.9 million at the
beginning of this year.
Banks usually require about
30 percent equity in feeding
operations. That means credit
can be used to finance about 70
percent of the costs.
Not all cattle feeders use that
much eredit. But with higher
feed and feeder costs and the
greater number of head on
feed, demand for eredit has
been rising r tpidly.
While capital requirements
are less now than when the
market peaked in 1973, they
are still high. With animals
being kept on pastures longer,
they are heavier going into
feedlots. And with the increase
in weights and numbers,
investment has easily doubled
since the late Sixties, creating
heavy demands for credit.
Meanwhile, the industry is
rebounding from its setbacks
last winter. On January 1,
there were 42 percent more
cattle on feed in Texas than just
a year before.
Even with this gain, how-
ever, bankers report the
industry still haunted by
memories of heavy losses a
year ago from declines in beef
prices in the face of soaring
grain prices. This memory
makes most survivors nervous
about recent price changes.
Their nervousness was evi-
dent last month in the wave of
selling that caused feed cattle
prices to dip sharply.
Two years ago, bankers
began seeing the collateral they
Melrose
Electric Company
SINCE 1945
Industrial - Commercial
Residential
wiring and repairs
meter loops
Serving Bastrop and
Surrounding Areas
I. E. Riley
OWNER
Phone 321-3700
30-tf
held against feeder loans shrink
as cattle prices felL Since then,
however, many cattle feeders
have started hedging m the
future market to reduce the
risks.
To protect themselves
against sudden drops in cattle
prices, feeders calculate the
breakeven costs of their
operations. A future price that
exceeds the breakeven cost
usually satisfies most bankers.
About two - thirds of the
banks reported making loans
involving some hedging. By
contrast, five years ago, almost
no banks required hedging to
protect their loans.
The stakes in cattle feeding
are high - which means that
while feeding out cattle can be
risky, it can also be highly
profitable. For that reason, it
seems to have become an
established industry, especially
in areas like the Texas Plains
that are well suited to cattle
and feed grains.
With nearly half again'more
cattle on feed than a year ago,
both feeders and bankers are
generally optimistic. That is
even with the recent reversals
in cattle prices.
As the industry has matured,
casting off some of the
speculative aspects that mark-
ed its early years in Texas,
feeders and bankers have
grown more knowledgeable of
the possibilities for reducing
risks.
And taking a longer term
view of cattle feeding, they are
more inclined to expect ups and
downs to balance out. Maybe
for that reason, they are less
inclined to be caught overex-
tended.
Deborah Welch
Named to Dean's
List at Maiyville
Deborah Weleh, daughter of
Rev. and Mrs. Ben T. Welch,
1310 Church Street, of Bastrop
has been named to the Dean's
List at Maryville College for
the fall term. She is a member
of the junior class.
Maryville is a four - year
liberal arts college in Maryville,
Tennessee.
The Veterans Administration
has guaranteed or insured 9.1
million home loans to veterans
since World War II.
f
GEORGE KIMBALL IVu Johnson, center] tries to put all his
personal affairs in order through his best friend and lawyer.
Arnold Nash [Bob Moak, left]. A former classmate, Bert Power
[Stephen Bradbury, right] complicates the situation by his
amorous attentions to George's wife, Judy. It all takes place in
the hilarious Broadway comedy, "Send Me No Flowers," now at
the Country Dinner Playhouse, 12173 FM RD. 1325, in An
For reservations, call 836-5921.
In Australia and NeW Zealand, the word "hooray" is used
as a farewell!
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FIRST BAPTIST CHURCH
of Bastrop
CORNER FARM A WATER
WELCOME
Charles A. Young, Pastor
Sunday School 9:45
m.
m.
Morning Worship 10:55
Church T raining 6:30
Everting Worship 7:30
Wednesday Evening Service 7:30
A Friendly Church With A Hearty Welcome
m.
m.
Cycle
insurance rates
to save you
money!
Call
VUYNA3D INSURANCE AGENCY
Bastrop Texas >
321-216(5
* n
DairytancS
Vfi insurance Grouo
"X
A BICENTENNIAL FEATURE
This Week In
trw i*To
History
%\<9j§
a*
FEBRUARY 25:
Washington hosts the department heads in his home
meeting (I 79 3) Asst.NAVSEC (old Navy
Roosevelt cables Commodore Dewey to load with
Hong Kong for an impending attack on the Spanish
The ! 6th Amendment empowers Congress to
Good grief f ( I 91 3) . . .
TEXAS 78602
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FEBRUARY 19:
A man who once tied Jefferson for president, Aaron Burr is arrested
for conspiring against ' Spanish territory (1807) . . . The State of
Texas replaces the Republic; President Jones gives way to governor
J. Pinckney Henderson (1846) . . . Our Marines invade a near-
anonymous island, grope and struggle and die for 25 days until Old
Glory rises over Mt. Surabachi. Thus, Iwo Jima—the death of 4200
stands with their immortal victories (1945) . . .
FEBRUARY 20:
The Pennsylvania and Reading RR goes into receivership, one giant
step into the financial Panic of (1893) . . . Fearing they'll aid the
enemy. FDR okays the relocation into federal camps of all Japanese-
Americans on the West Coast (1942) . . . John Glenn's the first
American to orbit the earth three times (1962) . . .
FEBRUARY 21:
Congress recalls its delegates for the "sole purpose of revising the
Articles of Confederation'' (1787) . . The new Coinage Act is ap-
proved: go mint yourself a $3 gold piece ( 1853) ... If you toiled
from cornerstone to capstone on the Washington Monument, dedicated
today, you've had a 37-year career (1885) . . . The James Boys
didn t invent all the new crimes: some nut today forced a Florida-
bound Delta airliner to fly him to Cuba. Skyjacking? (1968)
FEBRUARY 22:
Spain cedes Florida to us ( 1819) . . . Two years later, Monroe
ratifies the pact, agreeing to keep hands off Texas (1821) . . . The
Original Liberty Bell tolls its last the crack is too wide to rever-
berate (1846)
FEBRUARY 23:
Good night. Sweet Prince Philip Nen. the Baron de Bastrop who
served Spam. Texas and Mexico well, dies in Saltillo, will be buried
in a grave lost to history ( 1827) . Santa Anna thinks it's his day.
coming over the rise into Bexar (1836) The Napoleon of the
West, no smarter after the Alamo is whipped again by Zach Taylor's
Americans at Buena Vista (1847) Our pact with Cuba secures
Guantanamo as a U. S. base ( 1 90 3 ) . . .
FEBRUARY 24:
Besieged at the Alamo, Texas commander Wm. B
help, emphasizing I will never surrender or retreat''
Travis appeals for
(1836) . .
— the first cabinet
jibe) Bully Boy
coal, stand by in
Philippines (1898)
levy income taxes.
of Bastroi
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Standifer, Amy S. Bastrop Advertiser and Bastrop County News (Bastrop, Tex.), Vol. [122], No. 51, Ed. 1 Thursday, February 19, 1976, newspaper, February 19, 1976; Bastrop, Texas. (https://texashistory.unt.edu/ark:/67531/metapth391057/m1/2/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Bastrop Public Library.