Show liVESTOCK FINANCING C EXPLAINS CHICAGO Dec 1 The Tho Tho livestock fi finance tI- tI nance nanco corporation organized Monday with supplied by New York Chicago Chicago Chicago Chi Chi- cago and nos Boston ton banks to aid the livestock livestock live live- stock industry of ot the tho country has Is Issued Issued issued Is- Is I sued statement a outlining its plans and explaining its method of ot operation The statement points points- out that the association association asso asso- association can not deal directly with Individual individual indi Indi- vidual livestock producers but will reach them Ulem through through livestock loan committees and banks The TIle corporation Itself can not mal make e loans the statement says because it has a capital stock of ot only 1000 The corporation with the tho money p placed laced at its disposal will purchase at a 10 per cent ratio rate of ot discount from cattle loan companies and bonier banks such indorsed paper as desired but not to exceed the maximum engagements of the subscribing banks continued the statement The corporation primarily will assist the various various various va va- rious companies In carrying the loans already already al al- I ready on t their books |