Bankers hear concerns as Iowa farms face change
Iowa bankers discuss relief from the ag crisis era amid rising bank assets and loan totals. Michael Guttau notes lower interest rates and cautious, younger operators. dealer Carlton Nordschow cites a 25 to 30 percent drop from 1997 levels.
MENTIONED IN THIS ARTICLE
Iowa
Michael “Mick” Guttau
Guttau
Treynor State Bank
Carlton Nordschow
Nordschow
Windridge Implements LLC
Decorah
Cres
Farm sector slashes jobs as demand wanes across equipment firms
Grain and livestock price drops hit farmers and banks while Deere and rivals such as Agco Case Corp cut thousands of jobs. Deere plans over 300 production layoffs and 2,400 temporary cuts at Waterloo and East Moline plants. Agco to trim 1,400, Case Corp to cut 1,000.
MENTIONED IN THIS ARTICLE
Case Corp
Massey Ferguson
White
Deere
Waterloo
Agco
North
South America
North America
Russia
Case
International TV crew stranded on Wrangel Island
An international crew from Russia, Japan, and Australia filming a polar bear documentary is stranded in a cabin on Wrangel Island off Russia. They arrived Sept 2 and planned to depart Oct 15 but bad weather delayed them, leaving them low on food and awaiting rescue.
MENTIONED IN THIS ARTICLE
Moscow
Arctic
Lia
Wrangel Island
Russia
Alaska
Startass
Marquette Contemplates Tax Zero Levy and Its Effects
Marquette faces a zero property tax levy with only about 35 900 of budget from taxes. In 1994 taxes were 14 40 per 1000. by 1998 the rate fell to 4 30. The boat pays about 150 000 to the county, aiding tax relief, while residents discuss benefits and calls for future levy to aid borrowing and grants for sewage upgrades.
MENTIONED IN THIS ARTICLE
Marquette
Clayton County
Dennis Freitag
Freitag
Kann
Council
Sally Kann
Frontier
Ries
Soulli
Bituma Gencor
Southi
Planned purge ends Charles seat in House of Lords
Buckingham Palace says Prince Charles will lose his right to sit in the House of Lords as Labor-backed reforms move to strip 759 hereditary peers of their voting seats. Queen Elizabeth II has accepted government advice while Prince Philip and Prince Andrew retain their positions among royal family peers.
MENTIONED IN THIS ARTICLE
London
Prince Charles
House of Lords
Labor Party
Britain
Buckingham Palace
Charles
Elizabeth II
Prince Philip
Prince Andrew
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