Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.

Page 22 · column 3 of 6 · from the scan, no model involved

The clipping this text was read from
The clipping this text was read from

THE LOAN interest rate in the U.S. Department of Agriculture’s Farm Storage and Drying Equipment Loan Program is being raised to reflect increased borrowing costs of money to Commodity Credit Corporation (CCC). The interest rate will be increased from 6.0 percent to 8.75 percent, per annum, computed on a daily basis.

In addition, the amount of down payment required by borrowers is being raised from 15 to 30 percent because of the accelerated

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