GLENN, secretary-treasurer of the Produc'ion Credit Association and National Farm Loan Association, points to “interest expense” as one of the reasons that operating costs have risen. Ask ing questions at the recent stokho'ders meeting were H. C. Goodman and I. F. Grigg, at left, and Ray mond Kelsey, right. Others who participated in the questions and answers were Allen Calhoun and Bill Derey.

66.1%