Drought and Market Shifts Hit Texas Farmers and Ranchers
The article examines the 1990s Texas drought's impact on farms and ranches, noting cropland at about 28 percent of Texas land, average farm incomes well below California, and many smaller family operations facing water shortages, high costs, and volatile profits. It highlights drought-affected Panhandle regions, rising land values near Kerrville, Lampasas, and Junction, and the influence of the 1996 Farm Bill and global markets on rural economies. Dr. M. Ray Perryman provides context as a Texas economist observer.
MENTIONED IN THIS ARTICLE
Panhandle
Texas
Hill Country
M. Ray Perryman
Perryman Group
Edwin L. Cox School of Business
Southern Methodist University
July Jol heightens caution in markets
New York AP reports investors debating whether July's broad stock selloff signals a new downward trend or a temporary blip in a bull market. Analysts differ, with LeFevre predicting higher highs and Dudack warning stocks remain under pressure as profits erode and valuations look stretched. Dow and Nasdaq reversed late July losses but remain below spring records. Fed data shows inflation contained and rate rises unlikely soon.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Ce Ee
Gail Dudack
UBS Securities
Dudack
Childs market world includes stocks and bombs wins prize
Six year old Jeremy Herrmann from Pepper Pike Ohio won Nasdaq stock market essay prize. He said a stock market must be better than a bomb market and planned to give half the 1000 dollar prize to his sister. Nine year old Jessica Herrmann did not enter. their father noted interest from Letterman but bombing humor was declined.
MENTIONED IN THIS ARTICLE
Washington
Jeremy Herrmann
Herrmann
America
Pepper Pike
Ohio
Jeremy
Jessica Herrmann
Mark
David Letterman
Ashington
Firms teach workers financial planning
Stamford, Conn. AP reports a growing trend where employers become the teachers of money management. The movement grows from 401(k) plans, with companies offering financial planning lessons to employees to boost retirement readiness.
MENTIONED IN THIS ARTICLE
Stamford, Conn
Selene
Also Mentioned on This Page
Lone Star State
Texas A&m
California
Canadian River
Tomas Ca Bn
Mike Lewis
Nicky Cook
Parkway
Odessa
William M. LeFevre
Ehrenkrantz King Nussbaum Inc
Dow
SES Snes
Federal Reserve
FDIC
Maui
John Arrick
St. Odessa
Edward Jones
BlueCross BlueShield of
HMO Blue
Blue Cross and
Blue Shield of Texas, Inc
Mid-Con Health Plans
S.C
HMO
SouthWest Texas
Blue Shield Association
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!