Interest rates
*
(Continued from Page AI)
“They’ve really thought it
out before making any
decision to buy.”
Bucher points to the dairy
industry as an example of
the current mood of farmers
about expansion.
“Dairying is still pretty
good, particularly for the
better operators,” he said.
“But you’re still not seeing
any large expansion.
Perhaps a little remodeling,
but that’s about all.”
Damn Boyd, of Hamilton
Bank, cites the complete
turn-around in the area’s
poultry industry.
SILAGE AND FEED CARTS
34" Wide, 62" Long, 28” wide, 60” long,
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35 to 40 Cows) Choice of 10" pneumatic
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For very easy handling
Many Other Sizes Available
We Also Manufacture Swivel Casters for
16”. 12” and 10” wheels
MANUFACTURED AND DISTRIBUTED BY
SCENIC ROAD FARM SUPPLY
3539 Scenic Road
Gordonville, Pa 17529
- AUTHORIZED DEALERS -
AARON S. GROFF & SON
RD #3, Ephrata, PA 17522
Phone. (717) 354-4631
ATLEE F. REBERT
RD 2 Littlestown, PA 17057
Phone (717) 359-5863
- DELIVERIES AVAILABLE -
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“A year ago,” he said,
“there were a number of
new poultry houses going
up ”
“This year, you’re not
seeing any.”
This may be partly due to
so many being built last
year, but the interest rates
remain the nig factor, he
explained.
“When they put a pencil to
their plans, it’s a question of
whether there will be
anything left,” he said.
He cited the example of a
client considering a 60,000-
bird house, who quickly
decided against it when
interest rates were at the 13
or 14-percent level.
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* -y x ** &
' • J® >2
Robert Zook, of the
Brownstown National Bank,
points to the steer people as
another example Their
loans are not as large this
year, indicating a reduction
m the number of their
animals.
“Our number of borrowers
is about the same,” he said.
“But the size of the loans
and the frequency of lending
has decreased.”
The bank representatives
also explained that lending
activity primarily is being
restricted to existing
customers.
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The exclusive pendulum action o:
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4% STANFORD’S
Lancaster
Alfalfa
White Rose 4-H Club to reorganize
YORK The White Rose
4-H Horse and Pony Club will
reorganize on Thursday,
March 27 at 7:30 p.m
The meeting will be held at 1
the Leaders Heights Animal
One of the representatives
characterized the times as
being quite hectic
economically, requiring both
the lenders and borrowers to
be quite selective.
Brand
I^Seed^
809 North Bethlehem Pike I Spring House, PA 19477
Lancaster Farming, Saturday, March 22,1880—Ai
Hospital All boys and girls
who own a horse and are
between 8 and 19 years of
age are welcome to attend
this informational meetmg
The club will give
educational information on
Western and English horses
and ponies There will be
riding, trail rides and shows
for the members to par
ticipate in.
The organizational leaders
will be Elizabeth Ricklefs
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Vicon farm equipment, the top
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and Linda Wayda. This ■
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the region south of York.
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