Show I Reserve Bank Head Sees Bright Fu tu e CHICAGO Jan 20 AP-A AP brighter picture of agricultural and business conditions in the Northwest Northwest North North- west was portrayed today by Roy A. A Young governor of tile the Federal Reserve bank or Minneapolis The Tho farmer through diversification lion tion and other means has greatly Improved his condition said Mr 11 I Young who was was was' on he program of the midyear meeting or of the north central division of the chamber ot of commerce of the United States The surprising part of the whole tiling thing Is that we have been able to stand up as well as we have declared de- de I dared Mr Young There must be bean an earning and paying debt power In the Ninth federal reset reserve district to cause tile the following I results There has been a reduction or of Indebtedness of member banks to tile the Federal Reserve bank from to There has been a reduction in inthe intile tile the Federal Reserve bank of Minne- Minne ot of paper acquired from closed banks from o Borrowing banks have reduced theIr loans from tile the war finance corporation from to less than The acreage under cultivation is within 52 per cent of that in 1921 1920 and the number of farms has increased increased in- in creased slightly The value of farm production Isas is isas as great as six years ago In spite of short crops and depressed prices for Cor grain |