The Bismarck tribune., 1929-04-16
YEARLY CAMPAIGN
ON AGAIN TO ASSIST
IN EXPANDING Herds
Agricultural Credit Association
and Sources Cooperating
Have Aided 9,2o3
SHEEP AND DAIRY DRIVE
Few DeIinquencies on Borrow
ings and Rest Are II per
Cent overpaid Already

In five years $4.4l3.3O5 was ex-
pended by 9,283 farmers in the north
west IN the purchase Of additional
livestock through loans from the Ag-
ricultural Credit corporation, In CO.
operation with agricultural colleges,
county agents, bankers, railroads, ag-
ricultural development organizations,
and individual interested persons.
Today a campaign is being carried
on to place thousands of additional
sheep on northwest farms through
these loan facilities. The keynote Of
the whole campaign. now entering its
sixth year. is to encourage farmers to
diversity their activities. Already. ac-
cordinG to A. J. Dexter agricultural
development agent OF the Northern
Pacific, 10000 head of black face
ycarling ewes arc under contract for
delivery in July and August along
that railway company's lines In North
Dakota and Minnesota. Orders are
being assembled at shipping points in
the two states to ship in one or more
carloads OF these ewes, he said. In
tcrest being shown by farmers of
North Dakota and Minnesota was the
basis for his forecast that this year
10000 to $4,000 breeding ewes will be
placed on farms In the two states.
Paid First Year
Interesting In connection with this
program" Mr.. Dexter said. us the en-
thusiasm OF farmers who have re-
ceived ewes In the last few years. In
many cases they point to figures
which show they paid the entire cost
OF the original ewes the first year
from proceeds from the sale of wool
and lambs. Carloads shipped within
the last few years often carried small
lots of S. 10, IS and 20 ewes to the
man. These were purchased for ex-
pertinent. When the sheep have made
the demonstration, these farmers In
variably came back with additional
orders. Many Of our placements this
year will be recorders from the same
men who have purchased In former
years and are adding to their hold
ings. !.
North Dakota today is definitely
il the sheep business, whereas five
years ago only q small start had been
4A00Cs AL 4068p WA4CAS WIG oSICCR CWuls
paign started, there were in that state
245.O00 sheep. according to figures Of
the United States department Of ag-
rlculture, and on January / Of this
year the bureau Of crop estimates re-
vised figures showed $50 900 on farms
In that state. This, think. shows
the effectiveness Of this far-reaching
campaign"
Increase Dairy Herds, Too
Mr.. Dexter said that along the
Northern Pacific today many farmers
who have not heretofore engaged III
that activity are arranging to take
on sheep. He pointed out that the
total loans Of @4.4l3,305 to the 9,263
farmers for the purchase Of livestock
included 253.l60 head Of breeding ewes
and 10000 head Of dairy cows and
purebred sires. all foundation live
stock placed In the last five years.
The loans were made on q three
year basis. with repayments 80 per
cent at the end Of the first year, 80
per cent the second. and 40 per cent
the third. The interest rate has been
per cent. Repayments on January l.,
1929. totaled s., sos. .l16, indicating the
economic value to the farmers Of this
livestock.
The farmers assisted through these