PUBLIC SALE OF FARM MACHINERY MONDAY, MARCH 17, 1975 at MO AN. AT M. M. WEAVER & SONS FARM EQUIPMENT STORE LOCATED 4 MILES WEST OF NEW HOLLAND, 8 MILES EAST OF LANCASTER, ON ROUTE 23, TURN NORTH ON GROFFDALE ROAD, ONE MILE ON RIGHT. TRACTORS Massey-Ferguson 1130 Diesel; MF 180 Gas; 4 MF 175 Diesels, one with only 560 hrs.; MF 65 Diesel; MF 65 Gas; MF 85 Gas; MF 135 Gas; MF 150 Diesel; MF 304 Gas Loader & Backhoe; IH 4100 Diesel 4 Wheel Drive; Farmall "A” with Plow & Cult; Case 770 Diesel; Oliver 1855 Diesel; Oliver 77Orchard; MH 444 Diesel; MH 333 Diesel; MH Pacer; MF 7 & MF 12 Garden tractors. COMBINES Massey-Ferguson 510 Diesel with Cab and 13 ft. Quick-attach Grain Head; John Deere 6600 Hydrostatic Diesel with Air Conditioned Cab, 13 ft. Grain Head, 6 Row 30” Corn Head and 4 Row 30" Corn Head; MF 510 Gas; MF 82. HAY & FORAGE EQUIPMENT New Holland 818 Harvester; Fox Industrial IF 546 Harvester with 2 row Corn Head; ACSO with 1 row Corn Head; Kools Recutter Blower; Ford Blower; New MFI2 Baler with Engine; MF 12 Baler with thrower; New Holland 67 Baler with thrower: New Holland 469 Haybine; Grove 14 ft. and 16 ft. Forage wagon; John Deere Flat Bed Wagon; New Idea 325 Corn Picker with 12 Roll Bed. PLOWS & TILLAGE EQUIPMENT John Deere 12 ft. Cultimulcher; Bnllion Cultimulcher; John Deere BWF 14 ft. transport Disc; John Deere 14 ft. Field Cultivator; MF 3- 16 Spring Trip Plow; Ford 3-14 Plow; IH 3 Furrow Spring Trip Plow; Oliver 2-16 Rollover Plow; MF 3 pt. 12 ft. Disc; Lilliston 4 Row Cultivator: John Deere 4 section Rotary Hoe; Ferguson 2 Row Cultivator. American farmers and ihelr cooperatives continued to expand.their borrowings through the lending units of the Farm Credit System during calendar year 1974, but at a pace more moderate than a year earlier. Figures released recently by the Farm Credit Ad ministration show loans made by the System totaling $27.5 billion last year, a 16.5 percent increase from the $23.6 billion made during 1973. This is in contrast to a 40.8 percent jump in 1973 over the preceding year. Loans outstanding at December 31, 1974, stood at $27.4 billion, an increase of 25.3 percent from the $21.8 billion for the System a year earlier. W. M. Harding, Governor of the Farm Credit Ad- ministration, attributed the moderation in loan demand to a more cautious attitude among farmers last year compared to the record year of 1973 when pent-up demand caused heavy investments by producers in equipment as well as land. He noted that if inflation were discon tinued, the rise in the System’s loan volume last year would have been substantially more modest. The Farm Credit System includes the Federal Land Banks which make long term loans through local Federal ANNUAL John Deere 1240 Plateless Corn Planter with Insecticide attmt; IH 456 Rotary Valve 4 Row Corn Planter; Oliver 3 pt. 312 Corn Planter; .New Idea Flail Spreader; New Holland Liquid Spreader; Hawk Bilt 207 Spreader; Sauder Loader; Oliver Hyd. Loader; Fertilizer Spreader: John Deere 5 ton running gear; Brady Soy Bean Extruder; New Holland 30 ft. Elevator: 35 Locust Posts; 25 K.W. Generator, P.T.O. Driven; 1966 GMC truck tractor with 238 Detroit Engine; Beavertail Implement trailer; 1965 Dodge CBOO truck with 17 ft. Grain Body and 22 ton Hoist. 40 Bicycles and Accessories serviced by Martin’s Bike Shop. New Raleigh Sports, Her cules 3 speed, Roll Fast 10 Speed and used reconditioned 3 speed with Sturmyarchey gears. ADDITIONAL EQUIPMENT ON SALE Massey-Ferguson 300 Combine with Quick Attach 3-Row 30” Corn Head and 13’ Gram table; New Holland 975 S.P. Combine; New Holland Super 23 Blower; 2 Farmhand Forage Wagons, Massey-Ferguson 30 Diesel turf tractor with 6’ Hammer Knife Mower, I H 450 Automatic Reset 3-16” 3-pomt plow. This is only a partial list. We expect an ad ditional 20 Tractors and a lot of Used Equipment which will be consigned by Farmers and Dealers Sale begins at 10:00 am with Small Items; 10:30 a.m Farm Machinery in field; 2:30 p.m. Tractors. Farm Credit Totals *27.5 MISC FARM EQUIPMENT M. M. WEAVER & SONS North Groffdale Road, Leola, PA 17540 Phone: (717) 656-2321 PAUL 2. MARTIN, Auctioneer George Weaver & Wm. Z. Martin, Clerks Land Bank Association; Federal Intermediate Credit Banks which provide loan funds for local Production Credit Associations, the System’s short and in termediate term lenders; and the Banks for Cooperatives which finance farmer cooperatives. The Farm Credit Administration is the supervisory Federal agency for the member owned System. Of the three lending units of the system, the Land Banks showed the largest increases, reflective of the continued escalation in farmland prices throughout most of 1974. Total loans made by the Land Banks last year were $4.2 billion and at year end they had loans outstanding of $13.9 billion. These are increases of 29.2 percent from the $3.3 billion in loans made in 1973 and 25.2 percent from the $ll.l billion in loans outstanding at December 31, 1973. The number of members having loans outstanding at year end was 417,001, an increase of 6.3 percent from the 420,488 a year earlier. Production Credit Associations made loans totaling $14.4 billion during the year, an increase of 10.4 percent from 1973, and had loans outstanding at year end of $9.6 billion, up 21.6 percent from the year Lancaster Farming, Saturday. March 15,1975 before. A total of 325,897 members had loans out standing at December 31, 1974, an increase of 4.1 percent from the 313,188 a year earlier. In addition to PCA lending, Federal In termediate Credit Banks made $837 million in loans to other financing institutions during the year, a decrease of 2.3 percent from 1973. Banks for Cooperatives made loans totaling $B.O billion during the year, up 24.9 percent from the $6.4 billion in 1973. At year end the Banks had $3.6 billion in loans outstanding, up 38.8 percent from the $2.6 billion a year earlier. Farmer cooperatives served by the 13 Banks during the year totaled 2,565, down 3.6 percent from the year before. At the end of the year the System’s net worth stood at $3.4 billion, up from the $3.1 billion the year before. Of the total net worth, $2.1 billion represented capital stock owned by System borrowers. Automobile Service Tips when adjust* IGNITION TIM! me i/acuum-al MECHANISM TU. MUST EE PLUGGEP-ÜBt A PENCIL ANu SECURE TUBE OUT OF theinav OF MOVING PARTS. PUBLIC SALE FARM MACHINERY, HOUSEHOLD GOODS, ANTIQUES SATURDAY, MARCH 29, 1975 AT 10:00 A.M. Located approx. 15 miles South of Lancaster off 272 East along Rawlingsville Ave. or off 222 at New Providence, West between New Providence and Truce or 1 mile North of Buck off 272. John Deere 2010 tractor; 2 bottom tumbler plow; 2 Allis Chalmers C. tractors w-cultivators; 2 row fer tilizer attach.; 2 way plow; A.C. com planter; N. Holland PTO 66 baler; Massey Harris rake on rubber; rubber tired wagon; New Idea manure spreader; Case stalk shredder; Massey Harris 11 hoe grain drill; John Deere disc; cultipacker; spring harrow; Syracuse walking plow; 2 row tobacco planter; tobacco lath; baler box; tomato baskets; milk cans; iron watering trough; 40 ft. extension ladder; copper kettle; But chering tools; log chains; picks; shovels; forks; water bowls; hog trough; hog feeder; 2 elec, fencers; elec, seeder; old potato plow; old scraper. Approx. 25 Ton Cora HOUSEHOLD GOODS i Oak rolltop desk; blanket chest; nice 10 piece dining room suite; old bedroom suite; odd dressers; war drobe ; 3 piece sectional living room suite; 2 end tables; coffee table; walnut library table; maple table & 4 chairs, hutch to match; platform rocker; clow & ball table; washstand; leather day bed; old trunks; rugs; chrome breakfast set; porcelain top table; 4 chairs; Kenmore wringer washer; double laundry tubs; Frigidaire refrigerator; Philco TV; 2 oil burner stoves; quilting frames; dough mixer; 5 piece pitcher & bowl set, azalea pattern; blue jars; dated jars; blown vinegar cruet; Heisey water pitcher; tureen; old butter chum; crocks; jugs; pictures; doilies; cur tains; old flat irons; brass scales; shoe lathe; school house black board. More items too numerous to mention. JOHN H. RUSH & FRANCES M. RUSH Not Responsible for Accidents Day of Sale Refreshments by Mount Hope Church Auctioneer, Lloyd H. Kreider Billion The System obtains its loans primarily through sale of its notes and bonds in the private money market. Last year’s sales totaled $20.5 billion and included $4.5 billion by the Land Banks, $9.9 billion by the FICBs, and $6.1 billion by the Banks for Cooperatives, for a cumulative increase of 20.4 percent. Included in the overall figures are rural home loans, farm-related business loans and loans to open seas fishermen, new programs which were authorized in the Farm Credit Act of 1971. Last year, loans made for non-farm rural homes totaled $3OB million and at year end there were $414 million in such loans out standing. Loans to fishermen in 1974 totaled $28.5 million and farm related businesses received $l5 million in loans. Land Banks made most of the rural home loans while PCAs accounted for all of the loans to fisherman and nearly all of the farm-related business loans. SALE BY 69
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