—Lancaster Farming, Saturday, December 17, 1966
16
Agricultural Credit To Tighten
Below Current $4O-Billion Level
Agricultural credit is in
creasingly substituted for agri
cultural capital. In fact, cred
it has taken up most of the
slack as faim land, labor and
capital become less available.
It now looks as though cred
it is going to be a key agri
cultural problem, according to
James T Timberlake. agricul
tural representative from the
Fedeial Reserve Bank, Boston
He spoke recently at the
awaids banquet at Delaware
Slate Ciop Show
Agriculture’s credit needs
have been growing. Timberlake
pointed out In recent years,
ciedit needs climbed nearly
ten percent a year. This year
faimeis used about 20 billion
dollars operating credit and
anothei 21 billion dollais real
estate credit
Even if agriculture’s credit
needs stayed the same, lend
eis would have difficulty meet
ing that need Many other seg
ments of the economy aie
racking up laigei ciedit de .
mands Theie’s a competitive'
battle for funds and agricul
ture’s needs have no piionty ‘
accoidmg to Timbeilake Also,
ciedit has begun to tighten as *
a fii m mattei of national ‘
pohcv I
‘The pioblem isn’t iea7ly
how much credit faimeis will 1
USDA Proposes
To Halt Traffic
In Dead Animals
The U S Depaitment of
Agncultuie has pioposed that
the mtei state movement of
carcasses 01 paits of diseased
animals and poultiy be halted
except for movement duectly
to lendenng plants
The pioposal, published this
week sets up guidelines that
will stiengthen pioceduies now
in effect to pi event the inter
state spiead of livestock and
poultiy diseases
Undei tins pioposal caicas
ses 01 paits of animals oi
poultiy that die as a result of,
01 at the time ot death had,
anv disease declaied endemic
to the United States may not
be moved interstate Excep
tions piovided under this pio
posal will peimit the inter
state movement of diseased
animal cai casses 01 parts
when such shipments are
moved in leakpioof vehicles
duectly to a lendenng plant,
and accompanied by a ceitifi
cate issued by a state or fed
eial inspectoi 01 an accred
ited veteunanan
Vehicles used to hanspoit
these shipments except those
vehicles used exclusively by
lendeung plants, shall be
cleaned and disinfected undei
supei vision aftei unloading
and beloie again moving in
tei state
Anv peison wishing to sub
nut wutten ciita, views, 01 ar
guments concerning the pio
posal mav do so by sending
them to the Dnectoi Animal
Health Division Agucultuial
Roseaieh Seiviee U S De
paitmenl of Agiicultuie with
in the next 30 days 411 wut
ten submissions on this pio
po c al will be available foi pub
lie inspection
SPEED A KILLER
Speed was the numbei one
cause ot traffic accidents in
1 565 Accidents attnbuted to
speeding resulted in moie than
17,000 deaths and more than
1 8 million injuries.
need it’s how much can
they get.” According to Tim
berlake, not all farmers are
going to get all the credit they
hope for. “But then, neither
will home owners, or business
es, or industries.”
Timberlake concluded that
farming may be in for a year
or two of slower growth, de
spite stronger prices for many
agricultural products. “Tighter
credit will surely hold down
expenditures for operations,
but the last farm expense to
be cut will be the one which
costs the least and pays the
most ” Fertilizer, he pointed
out, is a substitute for addi
tional land As competitive
forces push the cost of land
upward and credit glows tight
er, fertilizer will be used at
an even greater rate than ever
befoie.
WEEK AFTER WEEK - - MONTH AFTER MONTH - -
More and More Milk Producers Are Taking Advantage Of It.
Results Are Speaking For Themselves.
If you haven 1 tried our GREEN PASTURES DAIRY FEEDS, give us a call and one of our
Dairy Specialists will stop and explain the program to you.
He'll give you on honest appraisal of the results you can reasonably expect.
PASJto
4-H Corn & Tobocco
Exhibit Dec. 30th
The annual Lancaster Coun
ty 441 Corn and Tobacco ex
hibit will be held on Friday,
December 30, associate county
agents Winthrop Merriam and
Arnold Lueok announced this
week. Club members are ad
vised to bring their exhibits
to the Bayuk Cigar Company
warehouse at 850 North Water
Street, Lancaster, between
12.30 and 115 p.m. Judging
will begin at 1:30 p.m
Corn Club members’ exhibits
will consist of 10 ears select
ed from corn projects. Ears
should be uniform in length,
thickness of ear, size, shape
and color Ail yields are to be
reported in terms of bushels
of shelled corn
Tobacco Club members must
turn in a completed record
book, and exhibit two hands
of tobacco. A hand will con
sist of 15 leaves tied with an
other leaf; one will be Wrap
per B’s, and the other Fil
ler B’s
ft Miller & Bushong, Inc.
Rohrerstown, Pa.
"Finest Service Anywhere"
State’s Future Farmers To r Vie
For $1993 At Next Pa. Farm Show
HARRISBURG Pennsyl- prizes for the vocational agri
vania members of the-Future culture students’ competitive
Farmers of America will have exhibits at the January 9-10-
competitive entries in vocation- exposition.
al classes of ten departments The highest cash total of vo
at the 1967 State Farm Show, cational prizes is offered for
James C. Fink, supervisor of awards in the dairy cattle
agriculture education and FFA There, $832 is offered
State advisor in the Depart- j n 107 prizes for Ayrshires,
ment of Public Instruction, an- grown Swiss, Guernsey, Hoi
nounced recently. riein, and Jersey heifers and
“Every FFA entry,” Fink cows up to four years old. In
said, “has been grown by the addition to cash for their prize
FFA boy himself as pari of animals, the FFA boys will
his 1966 agricultural project.” have opportunities to win -mon-
The State Farm Show Com- ey and ribbons in fitting and
mission disclosed that $1,993 showmanship contests as they
in cash premiums and various display their animals in the
ribbons will be allocated as judging ring.
Ail record books are to be tal is offered in the swine
sent to the extension office by judging, $455 being available
Thursday, December 29, the in 35 prizes, equally divided
agents cautioned. Boobs not among Berkshire, Chester
sent in by this date will be White, Duroc, Hampshire, Po
penalized (Continued on Page 14)
Green Pastures
Dairy Program
(Area Code 717)
The second highest cash to-
The
Is Really
Working!
PH. Lancaster 392-2145