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Newspaper
Clare Sentinel
Location
Clare, Michigan, United States of America
Date
Apr 16, 1964
Page
6
Michigan State University economists urge separation of farm business and personal spending. They recommend two bank accounts to track large expenditures and emphasize good records to avoid high interest and carrying charges from consumer credit.
Michigan State University economist David Boyne says the debt free goal is misleading. He argues the key is equity rather than debt avoidance, noting a farmer with 25 000 debt on 100 000 assets may be doing better than one debt free with 40 000 investment. Revival services begin Friday at Colonville Church of God with the Crestaliars Quartet and Rev. D Salisbury of Clare.
A surge in soil testing shows farmers increasingly use modern information and research results. Over 50 samples were tested in recent weeks, with many farmers adopting cost sharing to establish permanent vegetative cover through oat seeding. Oat seeding time approaches.
Colonville Church parlors host a boy and man dinner tonight at 7 00 p m followed by a program all Colonville men are urged to attend and bring a son. The local column also lists various visits and social calls among residents and requests news tips.
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