BUILDING SPUR TRACK TO HANDLE SPAIN ORE
Preparations proceed for shipping Spain ore via a new spur from Mill Creek to the Smelter hill route. Montana Developmen expects ore to move soon with a six mile tour avoided, heavy tram work ahead, and trailers arriving to haul ore from the Spain mine to the washer smelter by August 1. Ore from the Bi Mine and Elkhorn property shows strong copper values with gold zinc and silver, and water trenches being built to aid mining.
MENTIONED IN THIS ARTICLE
Mill Creek
Boston & Montana Development Company
Washoe
Spain
Tl Montana
Th. A & Freed
Wise River
Elkhornompany
Butte
EJ. Brown
French Gulch Motor Transport Company
Company Oflers
Elkhorn
Eccles interests may build smelter near Pocatello
A dispatch from Pocatello Idaho reports ongoing mining in the Fort Hall district with new claims being located. Marshall and Ferguson are said to have a 90 foot crescent showing. the Papoose tunnel at 1400 feet progress continues without interruption and improves daily. Heeles interests continue shipments from Custer and Lemhi counties amid rumors they may site a smelter near Pocatello.
MENTIONED IN THIS ARTICLE
Pocatello
Idaho
Fort’ Hall
Tally. Thomas
Ferg Marshall
Papoose
Heeles
Custer
Lemhi
Poca Tello
Federal Farm Loan Act Seeks Rural Credit Prosperity
Washington July 1 The federal farm loan act popularly called the rural credits law was signed by the president and becomes law. It aims to promote agricultural prosperity by enabling farmers to borrow on farm mortgage security at reasonable rates and long terms. The act creates two mortgage systems supervised by a federal board, plus a land bank system with banks and local farm loan associations sharing profits with borrower members.
MENTIONED IN THIS ARTICLE
Wilson
Washington
Federal Farm
Treasury Department
Bethe Treasury
Outline of Farm Loan Act Drives National Land Banks
The act creates twelve federal land banks and allows multiple joint stock land banks to lend on farm mortgage security at up to six percent interest. Loans may cover land, equipment, buildings, and debt relief with amortization over up to forty years. Borrowers must own or cultivate land and become stockholders in their district association, with profits distributed to reduce interest.
MENTIONED IN THIS ARTICLE
Federal Land Banks
United States
Fedral Land Bank
Federal Land Bank
Secretary
Treasury
Farm Loan Associations
National Farm Loan Association
Rat Land Banks
Federal Farm Loan Board
Federal Farm Loan Baned
Farm Loan Board
Federal Farm Loan
Woard
Federal Farm. Loan Board
National Farm Loan
Rintstock Land Banks
National Farm Loan Associations of
Authigen
Joint-Stock Land Bank
Federal Land. Bank
Joint-Stock Bank
Federal Land. Banks
Jointestock Land Banks
Federal Farm Loan Plan Details Bond Denominations and Board Roles
The article outlines bonds in denominations of 20, 60, 100, 600 and 1,000 dollars. Temporary management of federal loan banks rests with directors named by the federal farm loan board, with regular directors after 1,000 subscriptions. Three district directors must be farming professionals. local district directors are elected by farm loan associations. The board designates a chairman among its appointees. compensation requires board approval. Each loan association must have a board and secretary treasurer, serving without pay, with the secretary-treasurer eligible for board-determined pay.
MENTIONED IN THIS ARTICLE
Federal Loan
Federal Farm Loan Board
Farm Loan Associations
Federal Loan Board
Ers
Asocimmons
Memh
Also Mentioned on This Page
Eccles Interests
Bellevue
Butte Land and Investment Co
West Granite Street
Clough
Bedford and McNeill
Butte Public Stock Exchange
North Main
BUY
Alameda Alliance
Barnes-King Banking
Beaver Oil
Big Creek
Arizona
Bacon
Great Falls
Zenith Call
Switel Colusa
Leona Davis
Daly Dew
Mont
Vaglas
East Butte Farrell Horse Shoe Homestake Copper Krav Montana
Canadian Oils
Nabob
North Butte Dew
Pilot
Tuolumne
Tarbox United
Vals
Sell
Alberta
Barnes-King Beaver Oils
Beaverhead
Montana
Relmont
Butte-Ely
Great Butte
London
Butte-Roeder de Carney Copper
Colusa Leonard Daisy Seeeee
East Butt
Farrellery Greybull
Ivanhoe
Tron Spar
Keating Gold
Nancy Hanks National Life Mont New Departure
North Butte Mor
North Franklin
North Butte Dev Northwestern Trustee
Oatman North
Ohio
Keating Reindeer Queen Rainbow
Rocher de
General Land Bank
Outline OF Farm Loan Act
National Farm Tean Association
Srom ‘Committee
Nora
Tcal
Canis
Rane
Federal Land ‘Bank
Land Banks
Joan Ooard
Silver Bow National Bank
Federal Reserve Ban Savings Department
West Park Street
John McGinniss
D. J. Fitzgerald
Daly Bank and Trust Company of
Charles
Kelly
John DR
Ryan Oe
First National Bank of Butte
United States Depository
Andrew "Davis
Wernic
Dutton
George
Stephen
Clark
Ross Clark
W. A. Clark & Brother Bankers
Suen, Jounstor
Bime
Moxes
Anaconda Copper Mining Company
Bonner
Western Montana National Bank
Issoula, Mont
Idaho-Montana Inv. Co
West Ranite Street
B.A. &P.ry
Anacona
Butte, Tive
Anacowaa
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