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Farmers ere: URBANA -- Illinois lenders and farmers share one major interest -- money. And the amount of money farmers borrow from Illinois lenders amounts to hundreds of millions of dollars each year, reports J. M. Holcomb, University of Illinois Extension agricultural finance specialist. Of Illinois' 1,053 insured commercial banks, 904 held farm loans totaling $778.4 million as of Jan. 1, 1967. ..In addition, bankers held $23.8 million of Commodity Credit Corporation paper for the federal government's farm price-support program. Reporting from statistics released by the American Bankers Associations agricultural committee, Holcomb said Illinois creditors held $761.2 million in nonreal estate loans as of Jan. 1, 1967. Nonreal estate loans repayable in one year are made to meet current operating and living expenses. Nonreal estate loans requiring more than a 12-month repayment progratfi are made for investments in machinery, livestock and property improvements. These loans are usually not secured by farm real estate. Of the $761.2 million in nonreal estate loans, banks accounted for $606.3 million, Production Credit Association for $131.4 million and the Farmers Home Administration for $23.5 million, Holcomb explained. Farm real estate loans, secured by mortgages on farmland and improvements, totaled more than one billion dollars by Jan. 1, 1967. These loans reflected outlays for the purchase of farm units or additional land or both. Commercial banks loaned $172.2 million for real estate loans; Federal Land Banks, $257 million; life insurance companies, $330.8 million; individuals, $292.3 million; and the Farmers Home Administration, $7.8 million, Holcomb pointed out. 103.1 percent -- obtained by dividing the classification score of each cow by the average score of all Registered Holstein cows of the same age. Among these daughters, 3 were classified "Very Good" --the next to the highest score' an animal can receive with 12 a notch lower in the "'Good Plus" bracket Modern Farms Dominate Area Registered Bull Given Honor BRATTLEBORO, Vt -- Skokie Comet 1405363 CEX)» a Registered Holstein- Friesian bull owned by Elmwood Farms, Inc.c Antioch, 111., has been honored as a 'Silver Medal Type Sire" by the Holstein - Friesian Association of America. This high award is based on his ability to transmit to his daughter highly desirable characteristics of body conformation as compared to the ideal Holstein-Friesian type. Of the 22 daughters of this bull born 3 or more years ago or that are know to have calved, 20 have been officially classified for type by an inspector of the national Association. They have a breed age average of Suggestions Arc Being Made By Farm Groups WASHINGTON AP -- Some farm groups are suggesting that many farmers would refrain from increasing food production under a call for larger crops to meet world demands. They say a lot of farmers feel they were let down by government and business in producing a record volume of crops and livestock products in 1867 by forecasts of short world supplies. Because the forecast demand did not develop prices declined and returns from the record output were smaller than returns received for a smaller 1966 output. ^ The Farmers Union Grain Terminal Association, a trade organization for farmer operated grain terminals, says in a roundup of developments, for its members that "misguided false optimism" brought on the high level of production and a lower level of prices and income." & said tills "over optimism" was fostered by big business organizations dealing in farm 'MM; (Don Peas ley Photo) products, some farm leaders and the government. "If- such talk from agri-business corporations and from some farm leaders is head again, no doubt fewer farmers will believe it, having now been badly burned by the overproduction," the association says. The association said farmers experience with 1967 production emphasizes the need for greater power of farmers in bargaining for prices. WASHINGTON AP -- The Agriculture Department reports grain markets have moved into the new year on a steady to slightly higher price note. The agency had predicted this. A grain market review said the first week of the new year found a fair export demand and moderate country selling. Wheat prices moved up from one to two cents a bushel over the last week of 1967. But wheat at the principal markets averaged 27 cents below a year ago while corn was 24 cents lower and soybeans 31 cents. Wheat exports during the last half of 1967 totaled about 50 million less than the 426 million exported during the last half of 1966. ! ! IFYW.8I FARM LOANS Take a tip from a guy that knows ... the "Friendly Folks" at the First National Bank in Woodstock will help your future in farming with their low-cost farm loans and sound advice! OF THE FIRST NATIONAL BANK of Woodstock Our years of experience dealing with area farmers makes us your headquarters for sound financial advice and low-cost loans in any phase of farming. Whether it be land, cattle, various pieces of machinery or that new tractor or pick-up you've been dreaming about . . . you can be assured we won't give you a bum steer. We want to help you plant your dojlars! Investigate tevore You Invest WE MRS PAYING INTEREST ""ON SAVINGS CERTIFICATES of $ 10,000 or more based on 1 year maturity 13e Stifie fo Attend tfe IVEST0CK CLINIC AT THE MILLER THEATRE THURS., JAN FIRST 'ON THE SQUARE" NATIONAL BANK 0/ 'Woodstock _ PHONE - 338-1200 New Holl Clinic Sponsor i Just as farming is becoming more and more specialized, so is industry. Recognizing the farmer's need for better and more efficient farm supplies and equipment, manufacturers are always working on something new. How can farmers find out what's really new in their business? One way is to attend a Livestock Clinic. Just such an event is scheduled to be held in Woodstock, M. on Thursday, January 25. It will be a live, well rounded presentation especially formulated for area livestock men. It will be held in the Miller Theatre Bid., Main St. starting with registration at 9:00 a.m. This is a very unusual opportunity for local livestock (beef, hogs, dairy, etc.) farmers to find answers to all those questions they have been wanting to ask somebody. Experts from a number of major farm manufacturing companies will be there witli factual and interesting programs. All major areas of interest will be represented. Documented slide presentations and movies will be narrated by company spokesmen. One of the firms represented will be New Holland, long considered by many to be the lead- BUILDING for A GREATER and BETTER WOODSTOCK er in the field of forage and hay making field equipment. With so much emphasis beim put on farming efficiency today, this presentation promises to be well worth the trip in itself. If you are a livestock farmer, you are invited to attend the allday event. There is no admission charge and even the noon lunch is free for those who are present for the morning registration. You will be the guest of the several sponsoring companies and their salesmen and local dealers. Don't be the one in your area that goes through 1968 without the knowledge that will be given free at this Livestock Clinic Thursday, January 25. New Holland, as well as other companies like DeLaval, American Breeders Service, 9iell Chemical Co. A. O. Smith Harvestore, Walnut Grove, Charles Pfizer & Co., fiic., and the Public Stockyards ask you to come in and "Meet the Experts" they asked to handle their portion of the show. Incidentally, some lucky feeder will be going back home with a new television set in his back seat. It's one of several gifts to be given away. See you at the livestock Clinic.' Federal Land Bank To Award Scholarships ST. LOUIS, Mo. -- The Federal Land Bank of St. Louis will again award two $500 scholarships through the College of Agriculture, University < of Illinois, Urbana,,forthe 1968- 69 school year. This will be the 12th year that scholarship awards have been made by The Federal Land Bank. In an announcement of the scholarship program, Ralph E. Nowlan, President of The Federal Land Bank of St. Louis, pointed out that boys who are seniors in high school are eligible to participate for the scholarships if they plan to attend the College of Agriculture in Urbana, Illinois, next falL Application forms and information regarding the awards program may be secured from Vocational Agriculture teachers, Farm Advisors, or Managers of local Federal land Bank Associations. Applications must be filed with the Scholarship Committee at the University of Illinois, Urbana, not later than April 1, 1968. The scholarships are to be used during the 1968-69 _ school year. Senior high schoolboys wishing to apply for The Federal Land Bank scholarships must have a good scholastic record, should be participating in agricultural activities, such as FFA and 4-H projects, and have practical farm experience. They should also be active in high school and community events. ; r All scholarship applications sent to the University of Illinois, Urbana, will be carefully reviewed by the scholarship committee. Winners will be selected by this committee. The Federal Land Bank scholarship winners intliinois for the 1967-68 year wert David Bugos, Alpha, and Timothy Sturm, Crossville. Rainmaking is becoffnrtg an accepted industry, though- many questions remain unanswered. Wgather modification programs have been carried out in Japan, Mexico, Colombia, Russia, Israel, Australia and the United States. Fram Research t IG NEWS rJtrn tipll HOGME Purina researchers have announced improvements in Purina Early Weaning Chow, Baby Pig Chow and Pig Startena. A series of 34 separate research tests on 827 pigs proved the following benefits: 12.4% faster gains 5.2% saviigs in feed 5 % reduction in scours Test pigs gained an average of 1.18 lbs. per day on the new ration . . . only 1.05 lbs. on the old formula. It took only 200 lbs. of total feed to produce 100 lbs. of pork with the new formula as compared to 211 lbs. of feed on the old ration. Research also indicates these improvements aid in the maintenance of weight gains in the presence of rhinitis. New and improved Purina Early Weaning Chow, Baby Pig Chow and Pig Startena now are "available at our Store with the Checkerboard Sign. to 300 E. Jackson St. Woodstock 338-4200 Serving McHenry County for Over 40 Yean .. ,.f' LOW COST PRODUCTION... 'the reason why more fames's feed PURINA MJL.