Nebraska bankers warn of 2 billion farm debt crisis
Governor Exon relays from Nebraska bankers a looming farm credit crunch in four states with over 25 000 farming families at risk. They cite debt growth since 1973 1976 and low grain prices threatening bankruptcies foreclosures and seller financed losses. Exon says federal action is needed now to avert regional economic ruin.
MENTIONED IN THIS ARTICLE
Nebraska
Credit
J. J. Exon
Exon
Iowa
South Dakota
Wyoming
Jimmy Carter
Agriculture
Bob Bergland
Lincoln Journal
Carter
Midwest
America
Omaha
Troubleshooters fail to cap North Sea Bravo well
In three attempts today American led crews could not seal the Bravo offshore oil well in the Ekofisk field. Norway ordered a temporary halt on all area production amid fears of a seaborne fire and a 62 million gallon spill since Friday.
MENTIONED IN THIS ARTICLE
Stavanger
Norway
North Sea
Phillips Petroleum Co
Robert Archambeault
Phillips
Ekofisk
Bjertmar Gjerde
Archambeault
Dayton
Ohio
Phillips Petroleum Norway
Gordon Goering
Goering
Ammonia Truck Tipping Triggers Ceresco Evacuations
About one third of Ceresco residents, nearly 500 people, were evacuated after an anhydrous ammonia truck tipped over south of town. The leak was plugged around 2:30 a.m. Thursday, allowing residents to return home. The incident occurred near Lincoln along U S Highway 77.
MENTIONED IN THIS ARTICLE
Ceresco
Lincoln
U.S. Highway 77
NU seeks 1.7 million for sports complex interest
University of Nebraska asks for a 1.7 million appropriation to cover interest on bonds funding the new sports complex. Officials cite an oversight that left the payment item out of prior documents, risking a technical default if not financed in the coming year.
MENTIONED IN THIS ARTICLE
University of Nebraska
Administrative Services
Stanley A. Matzke
J. J. Exon
Legislative
Jerome Warner
Waverly
Matzke
Warner
William Erskine
Erskine
Statehouse
Governors
Rejected Budget Start Over After House Delay
After two days and a night of work on a 466.7 billion 1978 budget, the House rejected its work and moved to begin again. Editorial warns parliamentary engineering could impact tax rates and political fortunes. Southeast Nebraska Health Systems Agency committees propose aims to reduce infant mortality and communicable disease deaths.
MENTIONED IN THIS ARTICLE
Southeast
Nebraska Health Systems Agency
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Ekofish
Rams
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