Newspapers / Jones County Journal (Trenton, … / July 17, 1952, edition 1 / Page 2
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An averse* ton rote of MM I rate* tor grades have I need by the V. 8.1 Deportment of Agriculture. tde $3.65 4/5 Qt. CrtAIOHT BOURBON WHISttY. H PROOf. «■ STAOO OUT. CO. HMN0O0. tt I F H A Making Loans To Farmers for Establishing Herds Of Live Stock The Farmers Home Adminis tration is now making loana available to farmers for the pur chase o* foundation herds of cattle Vernon Woodard, Jones County Supervisor says. The loans, which ate a new type for this Government Agency, are' long term ranging up ‘to'five years. They are made to enable farm families to establish and follow in improved system of farming including dairy, beef cattle and hog enterprises. These operating loans may also be used to purchase farm and home equipment, feed, seed, lime and fertilizer, to pay fam ily living expenses and to pay other necessary farm and home operating expenses. The amount of a loan possible for any farmer depends upon the needs as determined by a plan of operation. However, the largest amount any fanner can borow at one time Is $7,000.00 and the total outstanding debt for operating loans cannot ex ceed $10,000.00. The loans are made only for one type farm ing, which means the borrower and his family must live on and work the farm deriving the ma Jor portion of their income from t, employing additional labor only during planting or harvest ing time. All loans are subject to ap proval by County Committees made up of three farmers. These Committees certify loans when it is found that the earning ca pacity of the farm is equal to giving the farmer and his fam ily a good living plus keeping the farm up and paying off all debts. * Other types of loans available through P. H. A. are Farm Own ership loans which enables a tenant to purchase a farm; farm development loans which enable a farm owner with an undeveloped farm to develop the farm including land and build ing improvement; farm en largement loans which makes it possible for a farm owner who has an undersized farm to buy additional land, and farm hous ing loans that are available to all farm owners who are un able to secure necessary credit from regular credit sources to build, alter or repair dwellings or other farmi buildings. For further information on tljese loans contact the Farmers Home Administration office in' your county. In Jones County the office is located in the Masonic Building in Trenton. In Lenoir County the office is next to the Court House over the Health Department laboratory. Public and private forest in terests in the South are being urged by the U. S. Department of Agriculture to Join an all-out campaign to stop needless des truction by insects on their 180 million acres of timber. USDA’s Bureau of Entomology and Plant Quarantine is heading a drive to organize forest-minded indi viduals into a forest-insect de Earn 3% on Savings With Insured Safety •' —AT— Mutual Building & Loan Association 144 E. Gordon St. Kinston, N. C. ’ . -—Each Account Insured Up To $10,000— tection and reporting team that wlU help to reduce insect damage by periodic Inspections erf all timber lands. CADILLAC STRAIGHT AMB ora Edwards Funeral Home Dial 4150 7« M. E ' '' I On SATURDAYJULY 1$, we will announce an entirely new line of general-purpose tractors — suc cessors to the famous John Deere Models “A” and “B.” By far the greatest values ever offered by John Deere, these new tractors feature major engineering advancements and a host of improvements that step up tractor performance in many different ways. One of these new models will be on display at our • store this Saturday so be sure to stop in and see for yourself how much more value these great new John Deere Tractors offer you. Refreshments Will be Served Through the Day Drawing For Door Prizes Will Be At 6 O’clock STORE HOURS: 8 A. M. To 6 P. M. : S
Jones County Journal (Trenton, N.C.)
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July 17, 1952, edition 1
2
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