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A.S.C. News
Questions and answers about the farm storage facility and drying equipment loan programs
1. Q. Who can get a farm stoi age facility or mobile dryer loan?
A. Any landowner, operator, share-landlord, or tenant who produces corn, oats, barley, milo, wheat, rye, soybeans, peanuts, or cottonseed,
2. Q. How much money can he borrow?
A. 85% of the cost of anj dryer including trailers it needed. 85% of the out-of-thepocket costs of bins and erection charges (not including the foundation), but not more thar fifty cents times the number of bushels the bin or bins wil hold.
3. Q. What size bins can be built under this program?
A. Generally speaking, the storage to be erected under loan plus what you alread) have cannot exceed twice your average production of suppor ed crops when such crops require planting within an allotment or base to be eligible for support. Loans are available for space for only one year's production of other coir moditles such as soybeans
4. Q. What costs are includee when the loan is computed'
A. The entire cost of dryers is used. The cost of the foundation is deducted before a bin loan is computed, bu
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