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Newspaper
Lancaster Farming
Location
Lancaster, Pennsylvania, United States of America
Date
Jan 03, 1959
Page
3
Ider generator PTO 450 and 180 amp AC tders 161 listed by Hiestand Inc Marietta PA phone 6 9301 JR RENT cottage nicely furnished call Butler 4922 Mrs Oscar J Erb Pequea PA.
A compact report lists figures such as 2 40 252 2 64 276 2 8 and 3 00 suggesting a rundown of prices or accounts. The readable notes indicate routine financial entries without clear context or accompanying names or dates.
A compact listing of 4-H and agricultural events in Southern Lancaster County. Includes Jan 5 6 7 meetings at Conestoga Farm Supply PP and L Building and Landis Bros store, Jan 21 vegetable field day, Jan 31 Producers Livestock Cooperative meeting, February banquets and a March hog show and Swine Producers banquet.
Washington reports the USDA raised insured farm loan rates to four percent with a one percent service charge, increasing borrowing cost to five percent. Spokesman Kermit H Hensen of the Farmers Home Administration cites money market shifts making 3.14 percent paper unacceptable to lenders and banks. The change comes amid rapid use of real estate loan funds for the 1959 fiscal year.
The FHA will increase returns to four percent on insured farm improvement enlargement and purchase loans, aiming to activate a 5 million loan fund authorized by Congress. The higher rate should make loans more saleable to investors and ensure adequate funds meet credit needs of eligible applicants, with loans purchasable in blocks if quickly marketable.
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