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Tonopah Daily Bonanza
Tonopah, Nye County, Nevada
What is this article about?
Utah's state board of land commissioners advanced $1,972,023 in loans to 544 farmers over the last two years, averaging $3,625 per farm, per secretary Arthur Kuhn's biennial report. Interest income rose by $43,950.88. Recommendations for legislative action on state lands will be submitted January 13.
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(By Associated Press)
SALT LAKE CITY, Jan. 10.—The state board of land commissioners of Utah has advanced a total of $1,972,023 to 544 Utah farmers during the last two years, according to the biennial report of Arthur Kuhn, secretary of the board. The report's figures show this to be an average loan of $3,625 on each farm. Increase in the interest account income during the second year of the biennium is shown to be $43,950.88 over the second year of the previous biennium.
After detailing the mass of business transacted by the board a number of recommendations are made for legislative action, much of which affects the sale and lease of state-owned lands. The report will be submitted by the governor to the legislature when that body convenes January 13.
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Domestic News Details
Primary Location
Salt Lake City
Event Date
Jan. 10.
Key Persons
Outcome
advanced $1,972,023 to 544 farmers, average loan $3,625 per farm; interest income increase of $43,950.88; recommendations for legislative action on state lands.
Event Details
The state board of land commissioners of Utah advanced loans to farmers over the last two years, as detailed in the biennial report by secretary Arthur Kuhn. The report includes financial figures and recommendations for legislative action affecting sale and lease of state-owned lands, to be submitted by the governor on January 13.