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Show ! t i ; : . -. 1 LAWRENCE COOPER Half Million Dollars Borrowed by Area Frm Families Farm families in Iron County received Farmers Home Administration Admin-istration loans totaling $.");7,lS."i in the fiscal year ended Juno Ji), 1!)."S, tile agency's county supervisor, sup-ervisor, Royden V. Carter, reported report-ed this week. Borrowers repaid $1S3,80( during the year. Loans for farm operations, Including In-cluding feed, seed, fertilizer, livestock, live-stock, equipment and other items totaled $361,590. Credit to buy, improve or enlarge farms or refinance re-finance existing farm dehts accounted ac-counted for $05,630. Loans to farm owners to build or repair farm houses or other essential farm construction added up to $72,490. Soil and water conservation loans came to $64,475. Repayments were made mainly main-ly out of Income received from livestock and crops. Among the results the farmers have obtained with loans for better bet-ter farming, Mr. Carter said are better crops yields and more mod- ern equipment. The recently broadened farm housing lean program pro-gram is helping many farmers plan and develop better housing and farm building facilities. Mr. Carter said many local farmers have had and repaid loans in the past several years, and are now operating sound farming enterprises and getting all their credit needs throutjh local banks and other lenders. Besides making and servicing loans, the county supervisor vis-Its vis-Its borrowers' farms through the year to held with farm management manage-ment practices. Mr. Carter estimated esti-mated he and his assistant made 655 farm visits during the year. Banks or other lenders may advance ad-vance the loan funds for farm purchases or improvement, or the agency may make these Joans direct di-rect from funds appropriated by Congress. All other types of loans are direct Government loans. |