OCR Text |
Show TEN MILLION LENT BY FINANCE BOARD SALT LAKE, Feb. 16. A total of $10,953,885 In advances to agricultural agricultur-al and livestock interests have been made by the war fin nice corporation, according to announcements medc yesterday by J, ej. ejalbraith. assistant manager of the Salt Lake branch o. the federal reserve bank He said that the adances were being be-ing made in gratifying amounts and will continue to be made to prodtn ers with a view to bettering the general econofo.. onditions Of the total of nearly 811,000,000, by far tho greatest )roportl'n of advani -es has been made to the sugar beet manufacturers and by them it) turn paid out to the farmers for sugar boets. The sugar advances have reached th sum of $8,796,000. Idaho farmers and stock men have benefited alr,,. lo the extent of $1.-t28.Sir.5, $1.-t28.Sir.5, while the balance, or $711.-has $711.-has been l-nt to L'tah farmers and growers. While tho corporation, has been edvanclng Its funds for but ti few months, cemcrete evldenc of the i manner In which they have facilitated the rehabilitation of agricultural finances fi-nances i shown In the repayment already al-ready of nearly 1800,000 "r '"m") made. |