Show FARM LOAN BANKS NOW LEND MONEY Of Asked For Fr F Farmers arm Have R Received By Dy United Press WASHINGTON Dec 21 21 The The total loan loan application received by the twe twelve ve fed federal l farm farm farni loan banks up to December 1 according to a report report- Is Issued Issued issued Is- Is sued today is Of this sum 29 actually lias has been loaned and approved The interest rate remains at 5 6 per percent percent percent cent but the new authorized rate rate of r 5 per cent will will apply on tho the re remainder re- re More 1 than 1830 fe federal eral farm loan bureaus through which all money Is borrowed from these banks have been organized The Wichita district No 9 which h includes Kansas Oklahoma Colorado and New Mexico 1 leads In the number of farm loan associations forme to December 1 I reporting with applications applications applications ap ap- ap- ap for 24 of of which winch 12 has been approved and 7 actually has been loaned The Spokane district is second in ht number of bureau bureaus with but leads in total of applications In that district district district dis dis- 33 has been applied tor lor approved and loaned Springfield ld Mass district No 1 l is islow islow low with only five fifty-five associations 6 OSO applied for 3 ap approved approved approved ap- ap proved and loaned The authorized capital stock of the twelve farm falm loan banks is or for each institution During During Dur Dur- I mg ing the first six months of operation 20 more than the capital stock has actually been paid out by the banks without 1 cent revenue being received i |