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Show 1$24,168 124168 $ $24,168 24168 $ , 50 Loaned in Uin Utntab tab County Oounty for Purchase PurchaseOf or Farming ' Equipment I - - I BAN SAN ' PHANOTSOO F'RA.NCJSOO FRA.NCJSOO FRANCJSOO . - More Mor thnn .3000 3000 . farm famuli famJ11es in Ariaona ArIzona Ne- Ne NeI - I vac a California and Utah haNft haNftparUc1pated havparticipated parUc1pated in Pann Security Securtty Ad- Ad AdDUnlstraUon Ad Administration - ministration DUnlstraUon community service serviceloans ervicloan * loans * for the th * Improvement of thetr thetrfarms farms Jonathan Oarst Garst PSA re- re reIlionat - rional Ilionat director d1rector announced Ootnmuntt Community , . servic servtce * loans Garst Garstexplained Oarstexplained explained , , are made to email smaU grouPS groupof * of low-Income low Income low.income lowincome - . farmers farmens for ror the thepurchase thpurchase * purchase of or every type of farm farmequipment equipment and purebred strt'8 strt8 strt'8Neighbors dreNelrhbors ' * Neighbors agreed to pay a nom nomInal Inal fee for the services serv1ces thus made madeavaUabJe available avaUabJe loans run for five years yearsor yearsor or less at three per cent Interest InterestThis This type of loan Oan.t Oant Gan.t Gant . . .saJd saJd .saJdhas . has made it possible poBSible for farmers fanners to enjoy the advant&ge8 advantge8 & ' of modem farm fann machinery and totmprove to Improve tmprove their herds The low-In low In lowIncome - - come farmer tanner cannot operate on a amule amule mule and a plow basis basl & and .suc suc .sucoesatuUy . oesatuUy compete In the marketsTaJdng markets marketsTakln TaJdng Takln advantace advantage of the com community cornmunlty munity service servtce ioan loan farmers Canners in inthe inth the * four Cour states hav have borrowdmore more than $ MOO $300 300 000 A total of or 319 311loans I smallI . loans have been made to small smallgroups smallcroups groups of ot threw three or four tour Each group groupaverages groupaverages averages ten participants partlc1panta The 'I11e I11e ' fees feesagreed feiagreed * agreed upon by the particlpanta participantmake * make the loans loam p practically tkaI1y : self- self selfliquidating self-Uquldatinc self Uquldatinc - liquidating , . Garst pointed pomted outA out outA A larce large proportion of the money moneythus mone monethus thus borrowed has hlUl gone into trade tradechannels tradechannels ' , channels through th the * purchase ottractors of ofI I tra.ctora tractora . binders threshers dJsc dJscI dtocplows I . plows en.s ens . ensllaa age * cutters potato dig digI diecers gers sprayers and the th * like Ilk * None Noneof Non Nonof < ' I of the borrowers bOn-owers bOn owers - was W'aS ' personally personally'able pertonallable ? , 'able able ' to finance the purchaae purchase of alsuch equipment equipmentUtah . Utah led the four Cour states In bor- bor borrDWen bor-roven bor roven - - ISUCh rDWen with 213 community ser- ser serVice ser service - vice participantsAsld loans and 3S1S 3316 part.lcipa.ntB partlcipa.ntB partlcipantB part.lcipa.ntBI part.lcipa.ntBAstde . . Astde * from heavy machinery pure I purebred bred sirea sires led the list llst of or commun oommun- oommun oommuni oommunity - i ity community services sernCt"s sernCts " e etabllshd * tabUshed * The tota.l total . tota.lborrowed totaJborrowed (21432 borrowed by Utah men was $214- $214 214 $ (214 214 ( - -32 32 - 13a2 $21413a2 . * . California Oal1tomia farmers fanners have boT boTI boTt"O'Wed borrowd t"O'Wed tOWed " ' $64 64 $ 4 992 692 Arizona Artrona farmers farmer , * I $42000 42000 $ 42000 Nevada N vada fannera fanners , , .7.396 7.396 7396 (7 7 ( . . * 4 4Additional : Addltlonal.tunds Addltlonaltunds Additional . .funds funds . ai aV'aJ1ahle aVaJ1ahle arallahlefor ' I thfour thefour for community service loans In the th > four states and applications are arei i being anbeing arebeing SecurityAdministration received recetved by Parm Pann Security ' istrauon county supervis supervisor _ or * . Loans Loana made In Ulntah Uintah Basin Basinwere Basinwr were * * aa as follow foUowa Lapaint L&potnt Lpotnt & Coop Binder CoopBlndr CoopBinder * Association A8sooiatlon OM $266 266 $ AJterra AJterraOoop CoopI I AlterraOoop Ooop Binder Association oclatkm A $291 291 $ * 931lApoInt $291Lapotnt Lapotnt Coop Thresher Au . AssVMM , iK99 . : Jensen ataUlon Stallion Ass . As * , " a-rooAshly a rooAshly - 00 00Ashley t:2Otl Ashley * Valley Reservoir COL 00 . t:2O t2O : 30 _ , tl lia.50 lia50 . a _ total of t24.1 t241 U68.50 U6850 . JO . |