—Lancaster Farming, Saturday, November 20, 1965 12 • Credit assets. Tholr type of hanking Is described ns n discounting operation, Taylor said. They got Into agricultural financ ing through limn (■iiuipmenl dealers, Thai transaction Is . .. between the fanners and the Carl Si own liotn the Lnn- . . .. . , , ~ , . „ dealer, then Ist Pennsylvnn rastrr I’lodnction ( rcdil & . ... . .. . . . . ~ . . . la will discount the dealers Kcdcial Land Hank Associa- . , , , . , , , . . loan He said he has found ton w.is the. second speaker. ... . . ~ ~ , , the fanner to he an excellent Hi said loans nta\ i.nme in ... , , . . ~ . . , ci edit risk outstanding naiitie ol tnatuilij I tom one , . , . . . . , ... . , . character, honest, and steady. da\ to .1 i jeais Hus depends ... ... ... ' , "One fallacy in the credit upon the use to he made of , . , ... . business today Tavlor said, the loan and the capacity ol .. ... ....... ... . . is that people don t budget the borrower to u*p.n 1< or ... . , . . . their needs, and conseriuent exatnple. an operating loan .... ... ~ , . .. . iy ihe beyond their incomes to pine base something that . ... .. . , _ It is necessary to plan for will be* used up in one year . . , . * , . . , ,* luture expenditures step by «'• ,l "" leitilizer teed. 1 farmers etc—should he paid when . 1 ’ „ , a .™ rmer f- Any financial institution is the- ci op goes A faimei . . . . , ~ , , . . inteiested in seeing a bor .shonld know his capacity for . , .. . . ~ , ’ tower take this approach, rep.niiieiit. Hi own said It an . . . ~, _ . ~ But most important, Tay oiiei.mon hasn t a leasonable . . * ... , ... , . ... lor cautioned, level with chance ot success his bank- . , ... .... , \our banker: put all cour oi will seldom go along. , ... V, , • cards on the table, and your Raymond Taylor Ist Penn- C 2j an ces of getting what you schania Bank & Trust said-^ Wl n ij, e greatly im hi- bank is the oldest in the p ro ved ” V S lest 1774) and that (Continued from Page 1) pill .in lieunme lie li.iil ready ii.u to inloi imition on tin' npiil'i sint •< cli>n.ii tor and 11.1 l Km omul. 3 1 the I'tth larsest in total Paul Whipple of Miller & Check with Farm Credit Farm Mortgage Farm Credit Mortgage Loans are tailored to the farmer’s needs. Long term ... up to 40 years. Payments scheduled to coincide with in come. Early pay-off without penalty. Transfer able in event of sale. LONG TERM LAND BANK MORTGAGE LOANS SHORT TERM PRODUCTION CREDIT LOANS 411 Lancaster first for a Farm Credit ASSOCIATIONS Bunhong told the group Hint several enterprises, It mny bo bln Job was to help Imllvldunl thnb one or more rhould be fnrmcrs got not up with, the eliminated or expanded. Only proper kind or financing. n thorough analysis can dls- This Involves analyzing the close thin In detail, Whipple particular needs of a farm, said. lie described the ap the amount of family labor proach he taken to help fanu nvallablc, etc. If a farm has ors boost their Income through MEMBERS OF A PANEL DISCUSSION on farm credit at a Young P; «rs meeting at Garden Spot High Sphool this week are shown above. Left to r|fehl they are: Raymond Baxter, The National Bank; Carl Brown, Lancapiki Production Credit & Federal Larifl I&ra<jSssh.; Raymond Taylor, First vania Banking & Trust Co.; and Paul Whipple, Miller & Bushong, Inc. L. F. P^ptc WHAT’S NEW IN THE LONG GREEN LINE »•* Only two other Tractors can match its features,.• the John Deere 3020 and 4020 fou see, the features of the new "2510" were adopted from the bigger ‘3o2o’s" and “4020’s”— and tractors don’t come any more depend able than that. The new “2510” has such field-proved features as: Power Shift or Syncro-Range Transmission ... exclusive closed-center hydraulic system . . . and independent dual-speed 540-1,000 rear PTO and 1,000 rpm front PTO. From its deluxe armchair seat to its Roll-O-Matic front end, all the features of the new "2510" have been farmer-tested-and-approved on the bigger John Deere Tractors. Test-drive one for yourself soon. 'SEjaphy Wenger Implement Co. Buck BU 4-4467 M. S. Yeorsley & Sons West Chester 696-2990 Shotzberger's A. B. C. Groff, Inc. Alon Beyer Elm 685-2141 New Holland 354-8001 Christiana LY 3-5687 NEW 2510 wjwyp ■ Bii i better Jnnnq«l manngftaent of their biWf&uaQs9jta*iic need is often for* 1 form c«. Inrgement, he said, > ~5 , Following- the .discussion nn Inlormal rjuestlon; and on. swer period took place with many of the .members .pai. tlcipatlng, . ~ PONES shift ISAS and mccci UI CacL H. S. Newcomer & Son Mt. Joy 653-3361 Landis Bros. Inc. Lancaster 393-3906 * V > '\ 'f *
Significant historical Pennsylvania newspapers