Decatur Daily Democrat, Volume 61, Number 102, Decatur, Adams County, 30 April 1963 — Page 2

PAGE TWO

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THE DECATUR DAILY DEMOCRAT, DECATUR, INDIANA

PCA Loans Pass S3OO Million Mark Production Credit Association passed the S3OO million, mark in loans outstanding in the Fourth Farm Credit District on Thursday, April 18, according to information received today by Forrest E. Duncan, manager of the Eastern Indiana Production Credit Association. The 40 Production Credit Associations in Ohio, Indiana, Kentucky and Tennessee are currently asking farm production loans at the sll4 million a day. The associations are just beginning their 30th year of operation and have active loans to 65,000 farmers in the four states. “This all-time record.” reports Homer C. Hayward, president of the Federal Intermediate Credit Bank of Louisville, “results from a continued increase in the number of farm families using Production Credit Associations as their source of farm operating credit. Because agriculture is continuing its trend toward large and more efficient operating units, farmers are finding it necessary to increase their investment in equipment and other crop and livestock production assets in order to keep abreast of this trend.” The Eastern Indiana Production Credit Association has had a part in the increased business Manager Mr. Duncan says by having increased its loans by 6.1 per cent in 1963 over the same period a year ago. Through April 18, the local association made loans amounting to $5,390,061 to farmers in Adams, Hamilton, Blackford, Delaware, Grant Madison, Wells. Randolph, Jay, and Tipton counties. 3,231 Registered To Vote At Bluffton A total of 3,231 voters are registered in Bluffton for the city primary election there this spring.

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Annual Concert At Adams Central Friday The Adams Central music department will present its annual spring concert at 7:30 p.m. Friday. More than 300 studehts comprising eight musical organizations will participate. Groups taking part will be the high school band and choir, junior high band and the song flute band. Also presented during the evening will be the annual senior vocal award and the John Philip Sousa band award to a graduating member of the two senior musical organizations- Admission will be 50 cents for adults and 25 cents for students. The presentation will be directed by the Adams Central music instructors, Darrell L. Gerig, Walter S. Henkel and Mrs. Dorothy Fuhrman. Two Recognized For Superior Scholarship Miss Carolyn Luginbill, daughter of Mr. and Mrs. Ivan Luginbill, route one, Willshire, 0., and Miss Judith Martin, daughter of Mr. and Mrs. Ervin Martin, route one, Monroe, have won recognition for superior scholarship at Olivet Nazarene College by being placed on the mid-semester honor roll. The honor roll of those students with an average grad of “B” or higher, Dr. W. E. Snowbarger, dean of the college, stated. Decatur Man Fined For Intoxication Austin O- Straub, 79, a resident of 546 Studebaker St., paid a fine of $1 and costs, totaling $lB, in city court this morning on a charge of public intoxication. Straub was arrested by the city police after the car he was driving had hit a stop sign at Five Points. Straub was southbound on Second street at 9:30 p.m. Monday, when his auto rammed the stop sign on the corner between Adams and Winchester streets.

Bachhaus Brothers Win Breed Award Backhaus brothers herd attracts national attention by winning “Constructive Breeder Award.” For Distinguished success as a breeder of registered Ayrshire dairy cattle, Backhaus brothers, Decatur, Ind., has been presented the ‘Constructive Breeder Award’ by the Ayrshire Breeders’ Association, Brandon, Vt. This was the 7th award to be won by Backhaus Bros. In order to qualify for this honor, one of the most coveted prizes in dairy cattle circles, it is necessary for the herd to excel in both production and type. Only ani-

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mals bred by the herd owner are considered for this award. On a strictly twice-a-day milking schedule for 305 days, the 15 cows bred by the CBA winner made an annual production average of 10785 lbs. of milk and 455 lbs. of butterfat, M.E. The herd has a type classification average score of .870 and 88 per cent of the herd was bred by Backhaus Bros. New York Stock Exchange Prices MIDDAY PRICES A.T.&T. 124%; Central Soya 29%; du Pont 249: Ford 48%; .General Electric 78%: General Motors 68; Gulf Oil 46-%; Standard OU Ind. 59%; Standard IU N. J. 67; U. S. Steel 49%.

TUESDAY, APRIL 30, 1963

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