Study predicts six more years of farm hardship in U S
A Missouri Iowa State study warns farmers face prolonged economic struggle if current policies persist, with Reagan plan unlikely to help. Projections show farm income around 25 billion through 1987, then 20 billion in 1988, and 25 billion by 1990, amid debt burdens and slow price improvements.
MENTIONED IN THIS ARTICLE
New York Times
Kansas City
Food and Agricultural Policy Research Institute
University of Missouri
Iowa State University
Abner W. Womack
Columbia
Wharton Econometrics Inc
Philadelphia
Neil E. Hart
Iowa State
Iowa Crop and Livestock Reporting Service
U.S. Department of Agriculture
Iowa
Research Institute
Illinois farm wealth declines amid lower incomes and rising debt
Illinois farm wealth fell sharply from 1981 to 1984 with real wealth dropping about 42 percent after inflation. Net farm income turned negative in 1983 for the state for the first time in 25 years, while average wealth per farm hovered near 500000 though much of it lies in non liquid assets. Debt growth slowed after 1982 but remained high, reflecting broad financial strain across farm operations and tenure patterns.
MENTIONED IN THIS ARTICLE
Lins
Illinois
Cas Cleet
Chicago
IC Industries
Illinois Central Gulf Railroad
Abex Corp
William B. Johnson
Former Illinois governor joins Continental Illinois board purge
Richard B. Ogilvie and Francis E. Ferguson were elected to the Continental Illinois holding company board as the FDIC reshapes the board under the rescue plan. The move follows the government’s 4.5 billion bailout of Continental Illinois National Bank & Trust Co. in 1984.
MENTIONED IN THIS ARTICLE
Chicago
Illinois
Milwaukee Insurance
Continental Illinois Corp
Richard B. Ogilvie
Milwaukee Road
Francis E. Ferguson
Northwestern Mutual Life Insurance Co
Federal Deposit Insurance Corp
Continental Illinois National Bank & Trust Co
New IHDA program offers 10.78 percent loans in 9 counties
The Illinois Housing Development Authority launches a first time home buyer program with a 10.78 percent fixed rate, up to 30 year terms, and as little as 5 percent down. Eligible are residents of Franklin Perry Williamson and Jackson counties plus nine southern counties. Registration ends February 25 for existing home buyers and February 19 for new construction bidders. Germania Federal Savings in Mount Vernon acts as lender.
MENTIONED IN THIS ARTICLE
Franklin
Perry
Williamson
Jackson Counties
Illinois Housing Development Authority
Nancy Sorgen
Diederich
Germania Federal Savings and Loan Association
Mount Vernon
Illinois
Hamilton
Wayne
Jefferson
Clay
Saline
Also Mentioned on This Page
Food and Agriculturalolicy Research Institute
Congress
National Corn Development Foundation
Womack
Stanley R. Johnson
Ames
William H. Meyers
Hart
Institute
Farm Journal
Harl
Food and Agricultural Policy Reseach Institute
Illinois’ Ag
Ogilvie
Continental Board
FDIC
Oak Brook
McDonald’s Corp
Fred L. Turner
Turner
ICG
Sunrise
Alton
Sunrise Industries Inc
Ingersoll Publications
Alton Telegraph
Alton Telegraph Printing Co
John D. McAdams
Alton Republican
Alton Evening Telegraph
Lakeville
Conn
Stephen A. Cousley
Peter C. McAdams
David Carr
Cousley
McAdams
Greater St. Louis
Bethalto American
Edwardsville Journal
Jersey County American
Wood River Journal
Allen Industries Mess
Dayco
Brown Group
cDonalds
Consol
DuPont
Magic Chef
Old Ben Coal Freeman Coal
Standard Oil Ohio
Gen. Dynamics
Holiday Inn
Inland Steel Phelps Dodge
J.C. Penney
Ramada Inn
K Mart
City Investing
Lee Ent
So. Illinoisan
U.S. Gypsum
Bemis
WalMart
Wendys
Las Vegas
Angeles
St. Louis
A Travel Service, Ltd
Carbondale
MT. Vernon
Paducah, KY
New York
IHDA
Surance and Real Estate In
IBM
Apple Tandy
Dataquest, Inc
NEA Graphic
EMC
SES Seka-Holme
MON
AETI
AET
Dale
Nylons & Naughyde
Aristokraft
Brammer-Decora
Excel Decora
Birkholz Supply Display Warehouse
South Division
Carterville
Walnut “Murphys Boro
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