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Pecos Enterprise in Pecos, Texas

03 Jun 1976

Page 7

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Pecos Enterprise June 3, 1976 Page 7 old newspaper archives

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Newspaper

Pecos Enterprise

Location

Pecos, Texas, United States of America

Date

Jun 03, 1976

Page

7

Bankers split on Texas farm finances amid drought impact

A Federal Reserve survey of Texas and nearby states finds bankers divided on farmers' finances. East Texas shows some improvement for farmers and stronger gains for ranchers, while West Texas and southeastern New Mexico lag due to drought. Across the region, irrigation costs and weak markets hurt receipts, with land values rising unevenly, and High Plains buyers betting on longer term beef and grain prices.

MENTIONED IN THIS ARTICLE

Texas Eleventh Federal Reserve District Carl G. Anderson Federal Reserve Bank of Dallas Dreath Drouth East Oklahoma West New Mexico Louisiana Blacklands San Antonio Red River South Plains Trans-Pecos Southwest Pric Blackland High Plains
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Multiple oil wells and storm losses listed in Texas field notes

A lengthy oil exploration bulletin covers several wells in Reeves, Ward, Loving, Winkler, and Monahans areas with details on depths, locations, and test results. It also notes Insured losses from recent Texas storms, including a Dallas tornado and hail damage in Dallas, Irving, and nearby cities, with preliminary totals around several million dollars.

MENTIONED IN THIS ARTICLE

Chevron Oil Co Atoka Chapman Reeves County Orla T&p Survey Gulf Oil Corp Middle Delaware Caprito Ward Block 17 Pyote Union Texas Petroleum Corp Allen Estate Moore-Hooper Loving County H&tc Mentone Sun Oil Co Austin Texas Joe Christie State Insurance Board Christie Dallas Irving Richardson Graham Olney
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South Rio Grande Valley Gulf Coast Town House Empress Pure Honey The Safeway LPT Amea Pickles Adasya Sm Lm Rae Vader SEA Trader Omato Cragmont Soda Canterbi Canterbury White Magic Laundry Org Super Ra Cragmont RTE Vienna Melros Arai Rtt Lucerne Jar S. Eddy Ay TV Lucerne Sundaes Reed Bel Air BEL Bel-Air Safeway Stores Incorporated Chevron G&mmb&a Monahans Shell Oil Co Dealy Smith Foundation A Winkler Ga&ammb&a Midland Keystone Colby Keystone Cattle Co PSL Kermit K.K. Amini
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