D24—Lancaster Farming, Saturday, April 18,1981
WASHINGTON, D.C. - In
creases in loan rates to 14.5 per
cent for 1981-crop loans and farm
storage facility and dryer loans,
md other changes in the facility
loan program were announced by a
U S Department of Agriculture
official
Edward Hews, acting executive
vice president of the Commodity
Credit Corporation, said the in
crease affects all facility and dryer
loans approved beginning April 1
and 1981-crop commodity loans
Further, he said, beginning next
October, the interest rate of 1981
crop and facibty loans made after
today will carry a “floating” in
terest rate, subject to adjustment
❖ ™s>,„ X
Ml DAIRY
Sr DAY
AT NEW HOLLAND SALES STABLES. INC.
New Holland, PA
If you need 1 cow or a truck load we have from
100 to 200 cows to sell every week at your price
Mostly fresh and close springing holstems
Cows from local farmers and our regular ship
pers include Marvin Eshleman, Glenn Fite Kelly
Bowser Bill Lang, Blain Hotter Dale Hostetter
H D Matz, and Jerry Miller
SALE STARTS - 12:00 SHARP
Also Every Wednesday,
Hay, Straw & Ear Com Sale -12:00 Noon
All Daily & Heifers must be
eligible for Pennsylvania Health Charts.
For arrangements for special sales or
herd dispersals at our barn or on your
farm, contact
Abram Diffenbach, Mgr.
717-354-4341
OR
fa. Norman Kolb
\ 717-397-5538
SILAGE AND FEED CARTS
34" Wide, 62" Long, 28" wide, 60” long,
53" high, capacity (to 35" high, capacity
feed 35 to 40 Cows) 600 lbs
16" Ball Bearing Choice of 10"
wheels pneumatic or semi-
For very easy handling pneumatic wheels
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 Gordon ville. Pa 17529
2‘4 Mi Southwest of New Holland,
IVi Mi N of Intercourse
-AUTHORIZED DEALERS
AARONS. GROFF I SON
RD #3, Ephrata, PA
17522
PH (717)354-4631
ATLEE F. REBERT
RD 2 Littlestown, PA
17057
PH (717)359-5863
IRVIN J. PEACHEY
Star Route, Box 35
Belleville, PA 17004
PH (717)483-6714
LAPP SHARPENING
SERVICE
Gibble Road,
Route 2, Box 276
Myerstown, Pa 17067
LAPP’S HARDWARE A DAIRY SUPPLIES
Box 96, Loop Rd , RD4
Quarryville, PA 17566
Interest rates climb on storage , dryer loans
each October 1 and April 1.
Previously, CCC had charged
11.5 percent on crop loans and 12.5
percent on facility and dryer loans
The new interest rate and the
variable adjustment procedure
will not apply to 1980 crop loans
and facility and dryer loans
already in effect, Hews'said.
Interest rates announced today
are based on the cost to CCC of
borrowing money from the U S
treasury, Hews said. The change to
a variable interest rate on out
standing loans will enable CCC to
adjust rates in line with treasury
borrowing costs, he said.
Hews also announced the
following changes in the farm
FARM BUREAU
Mill Street
Dublin, PA 18917
FARM BUREAU
115 Washington A ve
Souderton, PA 18964
PH (215)273-4355
ROBERT GUTSHALL
RD 1212 Womelsdorf,
PA 19567
PH (717)933-4616
CHESTER INGRAM
Hublersburg RD 2
Bellefonte, PA 16823
PH (814)383 2798
DELIVERIES
AVAILABLE
storage facility and dryer loan
program:
An increase in the loan down
payments from 15 peicent to 25
percent.
—Storage needs will be based on
one year’s production instead of
two years’.
—All existing storage space will be
considered in determining storage
DENVER, Co. Genetic
Engineering, ,Inc., one of the
newest embryo transfer and
custom semen collection facilities
in the cattle industry, is currently
funding research in reproductive
physiology at Colorado State
University, Cornell University,
TAKE ADVANTAGE OF BIG FACTORY ALLOWANCES
“We’re ready to deal!”
34-81 PTO hp tractors
Fuel-efficient
diesel engine
Standard
row-crop 01
clearance
Hydrostatic
steering for
control
Get
new
Power up for the busy spring work season with
a new Massey-Ferguson tractor . sized just
nght for your operation There never was a better
time, because the factory has given us some
extra-special allowances, so we can make you a
real deal!
We’re dealing with factoiy allowances, too, on
most new Massey tillage tools, planters, hay &
See Your Local MF Dealer For Details
PETERMAN FARM EQUIPMENT LEBANON VALLEY IMPLEMENT GO. ABRACZINSKAS FARM EQUIP. INC. M. M. WEAVER & SON
225 York Road 700 E Linden St RD 1. Catawissa. PA NGroffdaleßd
Carlisle, PA Richland. PA 717 356 2323 Leola, PA 17540
Ph (717)249 5338 Ph (717)866-7518 (Southon Rt 42) Ph (717)656-2321
S. G. LEWIS AND SON
VSTest Grove, PA
Ph (215)869 9440
869-2214
ACE-JURISTA, INC.
RD 1
Tunkhannock. PA 18657
Ph- (717)836-2610
Genetic Engineering funds ET research
a fresh start on spring with a
high-performance MF tractor.
MARLIN W. SCHREFFLER N. H. FLICKER & SONS, INC.
Pitman. PA
Ph (717)648-1120
WEB SNYDER INC.
Watsontown. PA 17777
Ph (717)538-5555
SWARTZ’S GARAGE
RD2
Richfield, PA 17086
Ph (717)694-3861
capacity . in the past, space
already in use to store grain under
the farmer-owned gram reserve
was not counted in figuring storage
needs
—The maximum term of new
loans will be five years; existing
loans are for eight years
—The maximum amount a
farmer mav borrow or have out-
and Ohio University.
“The research is concentrating
on cattle embryo engineering
technology.
“The primary technical ob
jective of the company is to
develop advanced genetic and
embryological techniques for
forage equipment and implements .. . plus MF
500 and 700 Senes combines ... so you can get
a great bargain on just about everything you've
been needing in the way of new farm equipment
But don t wait, the earlier you act, the better the
deal we can make!
Selections will be
better, too
RD 1
Maxatawny„PA
Ph (215)683-7252
WYNNE'S GARAGE
RD2
Canton, PA 17724
Ph (717)673-8456
ZECHMAN FARM SUPPLY, INC.
RD 1
Selmsgrove, PA 17870
Ph (717)374-7231
standing under the program is
reduced from $lOO,OOO to $50,000
Hews said the higher interest
rate and the actions for making
facility and dryer loans announced
today are expected to result in a
savings to the U.S. government of
about $29 million for the balance of
fiscal year 1982 and $145 million for
fiscal year 1982.
improving the genetic quality yield
and economics of animal
breeding,” said Robert Champ
man, semor vice president of the
company.
mmmmAmt
• Big capacity, proven
MF hydraulics
for fast, easy
laintenance
MP
Massey Ferguson
ARNETT'S GARAGE
Rt 9 Box 125
Hagerstown MO
P« (301) 733-C515
RANDALL FRANZEN INC.
RD #2
Woodstown, N J 08098
Ph (609)769-2300