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Show Time tv Check up on Farm Busi- ness, Advises Wheatley Now is an excellent time for farmers to list their assets ana liabilities, and try to make wise use of credit, advises Dr. 0. J. Wheatley, Utah State Agriluctural college extension economist. This is th$ plan " county .planning boards in Utah. Emerging from a season of cash crops sales means that many , farmers will have a little money in their pockets. This, then, is a - period when it is very important that they put their house in order. The margin of profit is very narrow nar-row on most farm enterprises. It is only by listing things that the farmers have on hand, as well as the bills that they owe, that they are able tok get a fair picture of how they stand, Dr. Wheatley points out. ! The hesitancy of many farmers to fill out a credit statement when applying to a bank for a loan has been one of the reasons for the growth of more credit concerns than banks. This system may have worked during prosperous times but now it has some dangers. Disappointments Dis-appointments have been experienced experi-enced by some farmers in applying to credit associations because they had not realized their financial condition until they filled out the v blanks. Regardless of whether the farmer farm-er is considering the question ot additional farm credit, he shouln take time to list his assets ana liabilities. Such a practice will be I a big help to the farmer in plan- ning not only for his farm busi- I ness hut for his familv. I |