Guaranteed House Plan Prompts Rural Credit Shift
Washington officials announce a new government guaranteed loan program for rural and small towns, directing borrowers to private lenders with a government guarantee against loss. The program keeps eight percent rates but adds a one percent guarantee fee, raises some costs, and expands eligibility to areas up to 20 000 population with income ceilings around 15 600 for a four person family. Guarantees cover up to 7 percent of home value plus 85 percent of loan balance beyond 25 000, with upper limits varying by region including Hawaii and Alaska. Lenders in the area will issue the guaranteed notes to local borrowers without reducing the government promise to pay if the buyer defaults.
MENTIONED IN THIS ARTICLE
Washington
UPI
Agriculture Department
Offi- Links Nave
Hies
2Farmers Home Administraweton
Lend. Org
Rural Housing Alliance
Bross
Ofuicials
Howe
Dbahks
Knebel Asked To Raise Corn Loan Rate to $2.30
Iowa City The National Corn Growers Association board urged Acting Agriculture Secretary John A Knebel to raise the national corn loan level from 1.50 to 2.40 a bushel. The group backed a July resolution to lift the level to 2.30 and noted that many farmers face distress selling as bank payments and mortgages loom.
MENTIONED IN THIS ARTICLE
Knebel
Iowa City
National
Corn Growers Assiz
Agriculture
John A. Knebel
Kansas City
Fcams
Five year pins awarded to Iowa county 4-H leaders
Mrs. Mac Sayers of Marengo received a pearl pin for 15 years of service as a 4-H leader. Harvey Ochler of Symana and Mrs. Ivan Reid Tahann of Middle Amana received gold pins for 10 years. Eight adults earned five year pins, including Mrs. Wilbur Litwiller and Mrs. Robert Jacobs of LaPorte City, and Frank Hollopsier of Mar Saxon. Auction notices and sale details follow local notices.
MENTIONED IN THIS ARTICLE
Williamsburg
Mac Sayers
Marengo
Town
Sayers
Merry Maids
Shorehan
Reid- Tahann
Middle Amana
Sergica
Irelude
Wilbur Litwiller
Sparnen
Robert Jacobs
Dean Ward
Frank Hollopsier
Ladera
Homes Schmuerker
Ran Cronbaugt
Marsaxo
Milford Heilman
Wil Bboishueg
Robert Ohlen
Eleven Named on Clayton Council Election Results
Clayton county extension council election results name eleven two year terms. Five incumbents were re elected including Pat Keleher ElKader Boardman township Russell Pate Francesburg Farmersburg township Mrs Sylvan Torkelson Elgin Marion township Oakland Becker Colesburg Millville township Eugene Gould Edgewood Volga township. Six new members joined including Nolan Knight Strawberry Point Case township Herold Bahling Elkader Cox Creek township Mrs Ed Smith Monona Gisd Township Mrs Glenn Yeardus Elgin Highland Walter Clayson Strawberry Point Lodamillo Township Loren Ruhser Elkader Read Township.
MENTIONED IN THIS ARTICLE
Elkader
Clayton County
Pat Keleher
Boardman Township
Russell
Pate
Francesburg
Farmersburg
Sylvan Torkelson
Elgin
Marion Township
Oakland Becker
Colesburg
Millville
Eugene Gould
Edgewood
Volga
Nolan Knight
Strawberry Paint
Case Township
Herold Bahling
Cox Creek
Ed Smith
Monona
Gisrd
Glenn Yeardus
Highland Township
Walter Clayson
Strawberry Point
Lodamillo
Loren Ruhser
Read Township
CROP Hunger Walk Featured In Newspaper
The 10 mile CROP hunger walk in Cedar Rapids led by Ralph Waite is shown in a two page spread in CROP Service News. Waite signs autographs and tours Floyd Booth farm north of Marion where Booth took part in the friendship acres program. About $6100 was raised by walkers and meal attendees with a $5 plate served.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Ralph Waite
Crop Service
Waite
Waltons
Floyd Booth
Marion
Booth
Friendship Acres
Time To Speak Up on Dairy Price Support
Washington open season for dairy farmers consumers and others to comment on whether the Agriculture Department should adjust the government price support floor for milk starting January 1 1977. Officials seek public input as part of a first quarter review with preliminary estimates suggesting the current price of 3.26 dollars per hundred pounds could remain near unchanged if farm cost indices rise only modestly in the next two months.
MENTIONED IN THIS ARTICLE
Washington
UPT
Ford
Mooram
Clayton 4-H Leaders Earn Clover Award Honor
Nearly 160 people attended the Clayton county 4-H leaders recognition banquet at Peace United Church in ElKader. Seventeen leaders received the award of the Clover for long serving youth workers including ten year pins to Elden Leath Postville Frieden Clermont Kuebl Elkader Troester Brase Garnaville Ruff McGregor Gray St Olaf. Five year pins were given to Dale Fischer Garnaville Paul Mills Howard Meyers Strawberry Point Robert Dall Monona Edmund Rut Farmersburg Vernon Walter Guttenberg Jerome Meyer Luana Milford Koehn Elkader Roger Berg Elgin.
MENTIONED IN THIS ARTICLE
Eleader
Clayton County
Peace United Church of
Also Mentioned on This Page
Joe Mundil
Winside
Neb
Hhuch
Nebraska
Farm News
Hawai, Alaskan
Guam
Iowa
Wed
Aueiion
Sifech
Hay
Mayne
Leah
Zroi
Mach
Delmar Sauer
Walker
Aloesat
Tach LeRoy
Mary Wood
Troy
Moe
Cyril Kelly
Shock
Wayne Ffaories
Manchester
Mack
Gts
Koy
Slam
Rats
Kenyon Hereford
Tama
Sale
Soran
Kay
Fraser Welland
Lowdes
Awe
Ms Hatuheye Instituts
Waterlow Cattle Congress
Chase Out Sale
Eared
Alena Tutt
Smi
Ater Pound
Clayton Council
Clayton
Clover
Owan
Louisville
Angus Bull
Dorun Rollman
Pulaski
Lawn
Pennsylvania Council of Safety
New York
Fort Lee
Philadelphia
Continental Congress
4Th St. Mle
Rocks Fittered
M. Feder & Sons
Bron & Steel Screp
The
Jim’s Foods
6Th Street
S.W
Wilson's Certified
Franks
Jim
Wilson
Argy Leon
Goren
Fester
HIC Fruit Drinks
Milwaukee
Kelloggs
del Monte Fruit
Plus Deporit
W. K
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