OCR Text |
Show I';trin Loan Money ill Demand The necessity of the farmers in this valley moving at once and as rapidly as possible, in order to get in with the rush, is evidenced by the following statement sent out from Washington: Officials of the farm loan board announced today that mora than 50,000 farmers have applied for mortgage loans, aggregating approximately ap-proximately $150,000,000, or more than seventeen times the amount of money which will be immediately available for loans upon the organization organi-zation of the twelve farm loan banks. Most of the applications have come from the South and West. They still continue to come in by hundreds every day. Requests for application applica-tion blanks, contemplating requests for loans to 2000 farmers, have come from Iowa alone. |