Strong loan demand strains Chicago Federal Reserve credit view
The Federal Reserve Bank of Chicago reports in a Sept. 9 newsletter that agricultural loan demand is exceptionally strong with slowing repayment, more requests for renewals, and reduced liquidity. Banks note cash-flow squeezes from low prices and higher input costs, prompting more referrals to other lenders and cautious new lending, especially for land purchases.
MENTIONED IN THIS ARTICLE
Chicago
Federal” Reserve Bank ‘of
Iowa
Illinois
Indiana
Wisconsin
Michigan
Don A. Langford
Pet
Farm lending problems not yet major though risk grows
Bankers report only about 3.5 percent of farm loan portfolios face major repayment problems, rising from 1.8 percent at midyear. Despite expectations of large harvests and ample stocks, tighter cash flow and low prices could widen distress, but buffers from recent earnings, higher land values, and off farm income may cushion impact.
MENTIONED IN THIS ARTICLE
Langford
State fair memories of a bustling 1977 exhibit scene
Suzanne McMashers recalls a lively fair with five and eight year olds exploring rides, pinball tents, trampoline sprees, and playground exhibits. Families listen to sales pitches while kids squeeze triggers, pull levers, and ride toy cars as tanks and puppet shows entertain nearby.
MENTIONED IN THIS ARTICLE
Suzanne McMashers
Game and Parks Dept
The Burchesses and Their Impressive Lawn Charms
At 87, retired foundry owner Burchess tends a pristine corner lawn at 4633 Hill Dr. His 14 blue spruce trees, grown from 36 inch saplings over 20 years, form a living privacy wall. Mrs. Burchess, who plays a beloved antique organ, enjoys family warmth and visits.
MENTIONED IN THIS ARTICLE
Burchess
Hill Dr
Burchesses
Rainy Nebraska Year Tops Records Through Sept 5
Nebraska weather notes show heavy precipitation in 1977 through Sept 5, with Omaha at 33.84 inches, Grand Island 33.36, Valentine 28.64, and Lincoln 27.77 inches of surplus, marking the wettest period on record at several stations and well above normal.
MENTIONED IN THIS ARTICLE
Nebraska
Omaha
Grand Island
National Weather
Valentine
Lincoln
North Platte
Norfolk
Scottsbluff
TV Backers Pay, Viewers Protest Over Soap Adultery Controversy
A reader column expresses strong views on television control and censorship. They urge advertisers to know their stance by boycotting products and highlight reactions from clergy, parents, and station leaders to ABCs Soap and its sexual themes airing on KETV in Omaha.
MENTIONED IN THIS ARTICLE
SUN
ABC
KETV
Channel 7
Omaha
Jerry Buck
Associated Press
Judy Hamilton
Omaha ‘World Herald
Everett C. Parker
Office of Communications of
The
United Church of Christ
Standout Sorley Sparks Huskers in Opener at Memorial
Standout Sorley races for yardage as Nebraska battles Washington State at Memorial Stadium. The Cornhuskers fall 19-10 in the season opener.
MENTIONED IN THIS ARTICLE
Tom Sorley
Cornhuskers
Memorial Stadium
Satur
The
Huskers
Washington State Gophers
Also Mentioned on This Page
Federal Reserve Bank
Ee Bye Oy
Philip White Hawk
Jaycees
U.S. Army National Guard
Lutheran Church of America
By Suzanne McMasters
Charles
Mary Costello
James D. Dawson
Diocese of Lincoln
Gary Nielsen
Omaha World Herald
Nielsen
Ken Elkins
Douglas
Costello & Associates
Sorley
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