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Newspaper
Carthage Citizen
Location
Carthage, Indiana, United States of America
Date
Nov 22, 1935
Page
3
Scores of contests demonstrations and exhibits fill the Chicago Stock Show program. The event showcases livestock competitions displays and educational demonstrations to attract attendees and participants.
The 36th annual Chicago livestock show runs December 1 to 7 with a pre opening November 29 featuring Junior Live Stock Judging. Judges include Walter Biggar of Scotland. grand champion steer sale December 5. records set in 1929 at $8.25 a pound. Farmers and students compete for continental honors across 30 breeds as auction sales close the week.
The Farm Credit Administration in Louisville reports a 325 dollar loan repayment drop to 189.94 annually on a 5000 dollar Federal Land Bank loan closed in 1929 at 515 percent interest. Head of the Collections and Credit Division John M Pickens notes similar declines on loans of any amount due to emergency interest reductions and principal deferments. With improved farm prices, a farmer with a 5000 dollar mortgage can meet 1935 repayments from sale of 12 hogs at 200 pounds, down 225 percent from 1932.
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