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Show COUNTY FARMERS USING TWO MILLION FA RM CREDIT LOANS ! Franklin county f:rmer.', and 'Mockmen are using ortT iwo million mil-lion dollars of F.:nn Credit Administration Admin-istration loans, according to a joint announcement made this j v;' "k l.v Hi-; sei-relary-li-,.:lsuureis 'or the local credit a sociations I serving tin, county. Clifford YVarr, I'resldn, ,iL.,re-lary-liva-uivr of the National Farm Loan associations, which make and Ken ice Federal Land Hank loans loeaily. n-.nrled lh.it on December :: there were ;)7 Fi-.l-eral Land I.taiik commissioner loans outstanding in Franklin connly. for a face amount or $ l,nr,4 .nr0. 0. Hart, secretary-treasurer of the Eastern Idaho l'roduction Credit Cred-it association, reported that his associated as-sociated made 74 loans for $127. GG9 in Franklin county during 1940. At tlio end of the year, 57 member-borrowers member-borrowers owed a balance of $70 -071. Bolli National Farm Loan associations asso-ciations and Production Credit associations as-sociations are affiliated with the Farm Credit Administration. Land bank anil land bank commissioner loans are made for (he purchase or improvement of farms or Tor Ihe refinancing of mortgage indebtedness indebted-ness on farm land. Production credit loans are made for the growing grow-ing of crops and livestock I |