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Ottawa Herald in Ottawa, Kansas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Ottawa Herald

Location

Ottawa, Kansas, United States of America

Date

Jun 04, 1987

Page

3

Herington Faces Bank Closure and Community Response

In rural Kansas, First National Bank of Herington closed as 23 local stores vanished and a factory burned. Community groups including FDIC, KSU Extension, FACTS, FHA and ministerial groups coordinated aid, counseling, loan analysis with FINPACK, and rumor monitoring. The effort aims to ease farm and business transitions and may become a model for other towns.

Herington Kansas First National Bank of Federal Deposit Insurance Corp FDIC Kansas State University Cooperative Extension Service State Facts Hotline Farmers Home Administration FHA Kansas Small Business Development Centers Texas Oklahoma Earl Wright Facts Farm Finance U.S. Comptroller of the Currency Kansas City Wright First National Bank Marion Morris Dickinson Dennis Cavinan Ron Williams Herington United Methodist Church Ministerial Association Pete Brent Prairie Fire Rural Ministry Iowa First National Williams Brent Pretzer KSU Cooperative Extension Service Finpack KSU Small Business Development Center Bill Mahaney Saline County Tion Steve Town Marion County Tomn Kansas Farm Management Association Cavian State Extension Pastor Williams

Corn Exports Rise Boost U S Farm Outlook

The USDA lifts its export forecast to 38.8 million tons citing Japan and the Soviet Union purchases and lower prices from a farm law rate cut. With Oct. 1 starts, exports may reach 40.6 million tons, taking a 67 percent share of a 60.9 million ton world corn market.

Washington USDA Japan Soviet Union Agriculture Department United States

Fed Change To Help Exports By John Cunniff AP Business Analyst

The article examines post Volcker era market reactions with vs for a weaker dollar. Morgan Guaranty argues declines attract foreign buyers by making dollar assets cheaper, while Dessauer notes foreign purchases rose when the dollar weakened and that a falling dollar can attract funds rather than repel them.

John Cunniff NEW York U.S Paul Volcker Federal Reserve Board United States Morgan Guaranty Trust Morgan Economic Quarterly Morgan John Dessauer Dessauer

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