DB-Lancaster Farming Saturday, October 26,1985 BALTIMORE - The Farm Credit Banks of Baltimore con tinue to experience positive ear nings and low delinquency rates through the third quarter of 1985, according to an operating report issued today. Gene L. Swackhamer, President of the Banks, said, “Net earnings for the first nine months of 1985 total $20.6 million dollars, an in- Hancor FINDLAY, OH Hancor an nounces a new, improved gram aeration pipe assuring uniform moisture control when storing grain temporarily Product is made of high-density polyethylene, that is strong, yet lightweight with deep corrugations to withstand vertical loads Pipe contains specially designed perforations and ample open area with holes uniformly placed (' i giSSBI M jr^ o 'Straight wall farm buildings. all the building you pay for yphi PERMA straight wall larm buildings ate designed to provide everything you bargained tor Straight wall construction means more storage space wall to wall and floor to ceiling Get Your FREE Perma book perma building systems Box 166, RD #2 (ftfOm — N New Holland, PA 17557 \JiSLsZ/ J I Name 1 " / 1 Address / / * Town/City County / \ Tele P honeNo Postal Code * I am interested in the following type of building | Width Length Size of Door I Implement Shed Dairy Hog Other I Workshop Loose Housing Stable I Industrial Commercial Riding Arena J Date of Planning To Build or Call Now (717) 354-4740 Baltimore Farm crease of 36% over the same period in 1984.” He added, “Third quarter net earnings were down from the first and second quarters of this year, but still came to $3.5 million dollars.” Third quarter delinquency rates for Federal Land Bank farm loans stood at 4.7% of the number of loan* outstanding as compared to markets new grain pipe around the circumference. To ensure maximum service life and outstanding weathering proper ties, Hancor's new product is wrapped with an exceptionally strong, durable fabric specially made for this use. Other user benefits, according to the manufacturer, include Easy, 1-man installation and disassembly-pipe can be stored and reused year after year. No PERMA Building Systems 1 Frames 2 Purlins 3 Girts 4 Bracing 5 Eave struts The illustration shows the simplicity and in herent strength of the PERMA straight wail build mg Any way you look at it we have the straight deal tor you ‘ J (&CS Credit has good third quarter 4.6% at the same time in 1984. PCA farm loan delinquencies were 3.8% of the number of borrowers, a decrease from the level of 4.4% recorded a year ago. Swackhamer said the operating ) report was evidence of the strength f of the Baltimore Farm Credit i Banks and affiliated Associations / in the mid-atlantic states as * maintenance problems as pipe is non-corrosive and unaffected b> temperature changes or moisture I lus, a low initial investment cost. Hancor's new grain aeration pipe is offered in 8 and 12” diameters, with 3/8 and 5/8” diameter holes in the respective sizes. Both sizes are 20-ft in length which can be cut and coupled to am length. A complete line of i elated fittings is a\ ailable GROOVING SPECIALISTS P. 0.17764, Greenville, S.C. and 1514 Hollins, Baltimore, MD • PREVENT SLIPPAGE • ELIMINATE BROKEN LEGS • NO CHARGE FOR MILEAGE • NO PROBLEM TO CLEAN DARL PACKARD 1514 Hollins St. Baltimore, MO 21223 (301)945,7313 • Corner Systems • Electric Center Pivots • EZ-Tow Pivots Valley Contact Hammonton, New Jersy Office PHONE - 609-567-3910 Serving Your Total Ag Irrigation Needs QUALITY IRRIGATION SINCE 1953 A Farm , Credit The Farm Credit System 2A)S compared to more financially stressed agricultural lenders in other regions of the country. “We are pleased of the sound ness of our loan portfolio in view of the depressed farm economy. Our third quarter operating report is encouraging and demonstrates our commitment to serving agriculture on a sound and con structive basis, even during dif ficult times.” He explained that the Baltimore TRACTION MASTERS, INC. Call Collect for Price Quotes! WE LL BE IN PA. FOR NEXT 6 WKS YOU CANT AFFORD NOT TO! • Linear Systems • Water Drives • Val Com Energy Analysis Complete Irrigation System Design, Sales, Parts & Sen/ice rifr'Vf Jewtb*t Banks’ participation in a national financial assistance plan for other troubled Farm Credit Banks reduced third quarter net earnings by about one-half. “But, we are still financially sound enough to provide assistance to other Banks while showing higher total net earnings over last year and at the same time we reduced our Federal Land Bank farm loan interest rate by *2% on August 1.” • ELIMINATE SPLITS • INCREASE HEAT DETECTION • GROUP RATES AVAILABLE • GROOVE EXISTING CONCRETE DICK MYERS 14 Peony Rd Levittown, PA 19056 (215) 945-3479 & SON CO.
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