Rural Telephone Bank Created, Directors Named
/ Directors of the Rural
Telephone Bank, whose ap
pointments were announced by
President Nixon - recently, will
have as their first order of
business the adoption of bylaws
and the development of policies
and procedures for administering
the bank.
David A. Hamil, governor of
For Interior Farm Buildings
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RICHARD R. FORRY
2020 Horseshoe Rd. Ph. 717-397-0035
Lancaster Penna.
ALL NEW BEACON PULLET CAGE SYSTEM
One day old to twenty weeks, 20 birds per single deck cage.- This is the most
economical and labor saving system on the market. The automated system
includes the winch suspended Bekcon auger pan feeder, one pan per 24” x 36”
cage, and the Hart cup watering system. Features of single deck pullet cage
system from one day old to twenty weeks:
• Only two adjustments—from one day
old to twenty weeks
• Safety lock hinged doors
• Vi x 2 galvanized mesh floor
• Sturdy channel suspension or stands
9 One or two Hart cups per cage
• One 8” pan per cage
• Winch feeder adjustment
• Can use hot-water or hot air heating
systems
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E. M. HERR EQUIPMENT, INC
R, D. 1, Willow Street 717r#4-3321
the Bank, said he intends to call
the directors into session as soon
as possible. Hamil also is ad
ministrator of the Rural Elec
trification Administration in the
U. S. Department of Agriculture.
The Rural Telephone Bank was
created May 7, 1971, with the
signing by President Nixon of
Public Law 92-12. The bank will
APPLBED BY
operate as an agency of the
United States in conjunction with
the Rural Electrification -Ad
ministration.
Its purpose is to obtain funds
through the sale of capital stock
and debentures to supplement the
REA telephone loan program.
The bank will utilize its funds in
making loans for the im
provement and expansion of
rural telephone facilities pur
suant to the Rural Electrification
Act. The USDA appropriations
act for fiscal year 1972 contains
$3O million for initial purchase of
bank stock by the government.
Of the 13 member board, two
are designed by the law creating
the bank. They are the REA
Administrator, Hamil, who
serves as governor of the Rural
Telephone Bank, and the
governor of the Farm Credit
Administration, E. A. Jaenke.
The 11 presidential appointees
include; Dr. Thomas K. Cowden,
Assistant Secretary of
Agriculture for Rural
Development and Conservation,
a native of Hickory, Pa., and
Harold G. Payne, president and
manager, Telephone Utilities of
Pennsylvania, Inc., Export, Pa.
A native of Pennsylvania,
Payne has developed two out
standing telephone companies in
Pennsylvania and West Virginia.
According to the USDA, Payne’s
knowledge of their needs and
problems of financing the
companies will be invaluable to
the telephone bank. He is widely
known in the independent
telephone industry for his
leadership in national
associations.
Others are: Clarence D.
Palmby, Assistant Secretary of
Agriculture for International
Affairs and Commodity
Programs; Dr. Eric Thor, ad
ministrator; Farmer Cooperative
• Flex auger feeders
• JMore uniform pullets
• Most advanced engineered cbick
pullet system available
• Easy ventilated
• Greater cubic inch of bird area
• Start chicks directly on feeder
• Easy assembly
Lancaster Farming, Saturday, October 9,1971-
Service; Willis F. Ward, chair
man, Michigan Public Service
Commission; Charles H.
Pillard, international president,
International Brotherhood of
Electtical Workers; Leßoy T.
Carlsdn, president, Telephone &
Data Systems, Inc., Chicago, III;
Mrs. Jean Brandli, president and
manager, Coosa Valley
Telephone Company, Pell City,
Ala.; Glenn W. Bergland, general
manager, Winnebago
Cooperative- Telephone
Association, Thompson, Iowa; B.
DHIA Month
Harold M. Shenk
Silver
Melvin L. Beiler
Duchess
Carl G. Troop
Abby
Rufus G. Martin
26 RH
Henry & Paul Martin
Dinahle RH
Eve RH
John M. Smucker
Lark
Robert L. Weaver
Wren
R. Edwin Harnish
Prissy
John L. Beiler
Pat
John N. Shirk
Marion
J. Mowery Frey
Merry
J. Douglas Martin
19
HIGH DAILY BUTTERFAT AVERAGES
Days %
On
Name Breed Test
Christian K. Lapp
RH
Paul B. Zimmerman
RH
Mervin Nissley
R&GrH
John P. Lapp
R&GrH 39
Robert F. & Joan B. Book
RH
Clarence M. Murry
RH
Carl G. Troop
RH
John S. Yost
RH
Dale E. Hiestand
RH
Donald S. Eby
RH
Harry S. Aungst
RH 27
J. Harold Musser & Son
R&GrH 35
Roy H. & Ruth H. Book
RH
Aaron E. Beiler
R&GrH
John R. Sauder
R&GrH
JAMESWAY
Cow Comfort Barn Equipment
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STALLS STALLS T,E STALLS STALLS
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STALLS BULL PENS CUPS FANS
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* Plus Free Planning Help
* Automatic Parlor Feeding
* All-Season Ventilation Systems
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M. E. SNAVELY
445 South Cedar St. Lititz, Pa. 17543 Ph. 626-8144
Maynard Christenson, president,
Dakota Cooperative Telephone
Company, Inc., Irene, S.D., and
David J. McKay, manager, the
Golden Belt Telephone
Association Inc,, La Croosse,
Kansas.
The Rural Telephone Bank is
expected to begin making loans
during this current fiscal year.
Interest rates on bank loans will
be based on a borrower’s ability
to pay, but rates will not be less
than four per cent per annum. In
its role as a supplementary
financing institution, the bank
will make loans only to
organizations which have a loan
or loan commitment from REA.
ly Reports
(Continued from Page 12)
RH 3-7
287
RH 4-7
305
RH
305
305
305
305
RH 3-2
305-
GrH 5-1
305
RH 5-4
305
RH 4-3
305
RH 4-2
304
RH 4-3
280
RH 9-3
293
No. Cow Days Milk
Cows In Milk Lbs.
39.0
95.1
33.0
88.9
33.1
90.2
30.5
83.2
42.9
86.3
34.4
92.3
32 0
84.4
32.6
82 3
29.0
85 8
46.3
85 5
55.0
89.5
51.3
91.4
43.3
83.9
84.4
t
23.1
42.9
83.8
15,343
651
14,896
651
15,047
650
17,705
649
14,810
17,248
649
647
16,925
647
16,646
647
16,722
646
15,153
646
17,309
644
17,098
644
16,370
642
Fat
Lbs.
%
Test
1 52.4
1.83
49.4
1.82
43.3
1.77
481
1.77
465
1.76
49.9
1.76
47.3
1.71
42 7
1.68
45 2
1.68
43 2
1.67
43.9
1.66
47 8
1.66
46.3
1.66
47.0
163
45 2
1.63
13