October, 'P.1,_1958
Vol.l. 46
Palmer, Alaska 5^ copy
SEED LOANS FALLING DUE
There have been forty-three pay
ments on Seed Loans, which fall
due Monday October 51 st.
It is advisable to pay loans up
bpfore that date to avoid the in
convenience of possible waiting
in line. The Accounting Office
advises that it will be good
business to pay Seed Loans on or
before maturity as the interest
rate increases from c% per year
"to 9.6/a a year after the maturity
date-- October 31, 1928,
THE VALLEY SETTLER in an inter
view with Mr,Geo,D,Sund of the
Disbursing Office, learned that
credit ratings will play an im
portant role, in the determination
of any future aid, financial or
otherwise,
Mr. John Os reward, of the Account
ing Office in a statement empha
sizes credit rating as a measure
of determining a future loan
applicants capacity to pay.
"To determine whether or not cred
it should extend to an individ
ual in the future, should he
fcased on:
"his capacity to payj
"his paying habits;
"his entcrgrity;
"his, .production capacity and
managment of his farm,"
We believe the above statement
will not only be of interest to
the farmers of the valley, but
help materially in planning im
mediate payment of Seed Loans.
FLASH—BIG . CARNIVAL AND DANCE
OCTOBER 29 th.
AT COMMUNITY HALL, SPONSORED BY
THE SCHOOL
WATER SHORTAGE
SERIOUS
An extremely serious? situation
now faces the Civic Center of this
Colony® Every well hut one is
now dry* How long can this one
well hold out?
Our use of water must be cut to
the lowest possible consumption
AT ONCE. Starting now, water ,
will be turned off except for
two 30-minutc periods each day
for all domestic uses, garage,
creamery, laundry and all Civic
Center Units* The same procedure
w ill be followed at the depot,
and all private establishments.
Arrangements are being made to
haul water in tank cars from
Matanuska and Moose Creek. A
water system will be run to the
Matanuska River or elsewhere as
fast as possible.
Please do everything possible to
conserve water, or it may be
necessary to go even further to
curtail our limited supply.
NOTICE FROM PRODUCE
DEPARTMENT
Due to a shortage of storage
facilities, the produce depart
ment will not be able to -take
more than' one ton of potatoes from
each producer until further notice,
T hey will not be able to take_
any turnips or ruta baftas.
Please notify the Produce depart
ment of the amount each farmer
has on hand to sell and the amount
you have to store at home, just
as soon as possible,,