Credit Directors On Farm Tour of the drought until late this year or temperature, feed consumption, early 1989. egg flow and emergency Operating reports show com- problems, bined loan volume of the bank and The farm tour in Pennsylvania affiliated associations at $2.6 bil- was planned to visit borrower’s lion as of June 30, 1988, as com- farming operations and to visit pared to $2.5 billion one year with the local boards of directors to earlier. get first-hand knowledge of the Farm mortgage delinquency needs and concerns and to deter rates at June 30 this year were 3.6 mine if Farm Credit meets those percent of the number of loans, needs adequately. The group compared to 4.3 percent last year, made stops in Stewartstown, New Delinquency rates on production, Park, Fawn Grove, Lancaster, operating and other short-term Lititz, Williamsport, Mill Hall, loans also improved this year with and State College. 2.4 percent of the number of bor- The mid-Atlantic region of The rowers delinquent as compared to Farm Credit Bank of Baltimore 2.9 percent on June 30, 1987. serves five states (PA, MD, VA, At the farm of Roger and Grace DE, WV) and Puerto Rico. The Moyer, Lititz, the group was intro- region has over 52,000 member/ duced to a modem computerized borrowers with loan volume of cage layer operation. The Moyers $2.6 billion. It’s a co-operative have 174,000 birds under a new totally owned by its member/ computer system that monitors borrowers. (Continued from Pago A 1) tour of the Farm Credit Bajtlc pf Baltimore. Gene Swackhamer, President, told Lancaster Farming the chal lenge for the farm credit system is to get money from New York to the farm customers at a good inter*, estrate. “While it’s hard to realize from a farmer’s viewpoint,” Swackhamer said, “our money markets are greatly influenced by world-wide finance. We seem to be headed into a period of rising interest rates. But like older far mers say, ‘it’.s an election year’, so maybe we’ll see a little easing of rates later in the year.” Swackhamer reported second quarter earnings for the Farm Cre dit Bank of Baltimore and affil iated associations at $2.9 million as compared to $3.9 million for the same period of 1987. “Business is good, our loan volume is up from this time last year,” Swackhamer said. “We’ve kept our loan pricing margins very tight. Consequently, our loan rates are very competitive. Commenting on the effects of the drought, Swackhamer said that to dale ag lenders have only been minimally impacted. But, we won’t sec the true economic result FEED BILLS TOO HIGH? agn systems Northeast WASHINGTON The U.S. Department of Agriculture’s Office of Transportation and the Livestock Conservation Institute have jointly produced an 18-minu te video demonstrating the proper techniques for handling and trans porting cattle easily, effectively and humanely. seding Systems Are #1 In Feed Savings We Stock Truckloads Of hore-Time Bins & Miles Of Chore-Time FLEX-AUGER® !l SYSTEMS IS CHORE-TIME’S ONLY R DISTRIBUTOR in the Northeast • Sales • Installation • Service NORTHEAST AGRI SYSTEMS, FLYWAY BUSINESS PARK 139 A West Airport Rd. Lititz, PA 17543 (717) 569-2702 New Cattle Handling Video Available Power unit attaches to any straight section of lube System has l«ycar warrant# HyLTDFL CIRCUIT FEED DEL VERY S • No worry that sows get too much or not enough feed • No worry about reliability of the feeding system • No more labor worries Chore-Time There are five basic elements of cattle behavior; Cattle vision, reac tion to noise, flight zone, natural circling behavior and natural fol lowing behavior. The video shows how people can take advantage of these elements to move cattle with out stress, thus producing fewer bruises, lower death and sickness INC. Dealer Inquiries Invited Lancaster Farming, Saturday, August 20, 19W-A27 Farm Credit leaders visit Roger and Grace Moyer Poultry Farm, Lititz. Scott Owens, President, Lancaster Farm Credit (left) and Gene Swackhamer, President, Farm Credit Bank of Baltimore (right). rates and increased production efficiency. The video also shows the proper design of alleys, ramps and transport equipment that will help livestock handlers move cattle. The video is designed to serve as a training aid to instruct animal handlers - whether feedlot work ers, truckers or stockyard employ ees -- to humanely move cattle from one location to another. Pro duction practices with squeeze A Real Work Horse Tuscarora amgm Feed & Utility Cart • Full 16 Bushel capacity r • Replaceable Bottom Ar • Short Turn Radius • Narrow 24" width • Low Cut Work Ends • Easy rolling, roller bearing wheels • All welded full support chassis • Dual casters available • Replaceable galvanized panels • Optional Stainless Steel • • Dealer Inquiries Invited • Quantity Discounts TOTAL VENTILATION SYSTEMS AVAILABLE jlßfe TUSCARORA ELECTRIC MEG. CO. INC. gjSjMLjggy TUNKHANNOCK PENNA 18657 Rhone 717 836 2101 pE m? L INSURANCE FARMERS Now, we have coverage for your personal car or pickup. Another service from the #1 insurer of farm owners in your area. TOM Guard MUTUAL INSURANCE COMPANY 2929 LWtz Pike, Lancaster, PA 17604 717-569-5361 DAVID A. BYERLY BERNARD C. MORRISSEY INSURANCE, INC. INS. INC. 810 Cumberland Street R.D. 1 P.O. Box 10 Rt. 272 Lebanon, PA 17042 Ephrata, PA 17522 (717) 272-2081 (215) 267-3894 MEIXELL-DIEHL AGENCY CARMAN C. MURRAY P.O. Box 626 AGENCY, INC. Lewisburg, PA 17837 223 S. Main Street (717) 523-3295 P.O. Box 249, Zelienople, PA 16063 (412) 452-4060 chutes are also featured, along with loading and transporting ani mals in trucks. Copies of the video, in VHS for mat only, can be purchased for $29.95, including postage and handling, from the Livestock Con servation Institute, 6414 Copps Ave., Suite 204, Madison, Wis., 53716; telephone (608) 221-4848.
Significant historical Pennsylvania newspapers