Farm Credit System Faces Severe Crisis and Uncertain Future
The Farm Credit System, a network of 12 Federal Land Banks, 12 Federal Intermediate Credit Banks, and 13 Banks for Cooperatives, finances over a third of farm loans. Regulators warn of potential liquidation in 18 months to two years as farm debts and plummeting land values worsen. investors fear broader economic fallout if the system collapses, with Piper Jaffray warning of rising bad news and Congress weighing salvation options.
MENTIONED IN THIS ARTICLE
FCA
U.S
Farm Credit Syste
Federal
Donald Wilkinson
Farm Credit Administration
Treasury
Piper Jaffray
Congress
Executive Business Editor Jeff Rea profile noted
Jeff Rea, executive business editor, is referenced with contact information and the date Friday September 13 1985. The page appears to be a segment from a newspaper's business section highlighting staff roles and contact details.
MENTIONED IN THIS ARTICLE
Jeff Rea
Teamsters ratify three year carhauler contract after strike
The Teamsters union narrowly ratified a three year contract with the carhauling industry following a three week strike. Nearly complete vote tallies showed 8 792 in favor and 6 808 opposed. A Detroit based group of 8 000 Teamsters hopes to oust the union leaders amid protests. Navy contracts awarded to General Electric in Syracuse total 16.2 million for a three year renewal of a sonar products suite, including six cruisers and software development. GE employs about 7 000 locally, with 60 percent on defense work. The year's local total exceeds 283 million. Paychex Inc. president Tom Golisano scheduled to speak at Syracuse Bond Club about growth and future with CFO Tom Clark. Paychex operates in Syracuse with about 1 000 clients.
MENTIONED IN THIS ARTICLE
Carhaulers
Teamsters Union
Steve Kindred
Teamsters For A Democratic Union
Navy
Generallectric Co
Syracuse
Undersea Systems Department
Connie Grasso
Syracuse GE
Tom Golisano
Paychex Inc
Syracuse Square
Paychex
Tom Clark
Reading list garbled with mixed book titles and authors
A jumbled OCR passage lists numerous business and self help books with inconsistent author attributions. It mentions titles such as In Search of Excellence and The One Minute Manager along with scattered names and publishers, creating a fragmented catalog fragment without coherent context.
MENTIONED IN THIS ARTICLE
Peters & Waterman
Karper
Blanchard & Johnson
Monroy
Alen
Sitton
Empire Airlines Expands Syracuse HQ at Hancock Airport
Empire Airlines plans major expansion at Hancock International Airport including a new terminal, hangar, and renovations to allow moving HQ and train staff. Completion anticipated by October 1986 as Empire grows to 1200 1300 Syracuse area employees. Funding sought includes 440000 from OCIDA and county, with 100000 for telecom setup.
MENTIONED IN THIS ARTICLE
Hancock International Airport
Onondaga Water Authority
Empire Airlines
Paul Quackenbush
Quackenbush
Greater Syracuse
Commerce
Empire
Hancock
Oneida County
Small Business Council
Sheraton Inn
Seminar on Farmedic Farm Rescue Skills Set for New Hope
A farm safety seminar, An Introduction to Farmedic, will be held Saturday at the New Hope Fire Department and a nearby Cayuga County farm. Speakers from Farmedic and the Central New York Hospital Association will demonstrate rescue techniques, including silo rescues and vehicle extrication, amid rising farm accident deaths in 1985.
MENTIONED IN THIS ARTICLE
Central New York Area
New Hope
Halpin
Cayuga-Tompkins High Angle
Ohondaga
Mike Waters
Tate
Remington Arms to lay off 400 at Ilion plant
Remington Arms Co plans to cut at least 400 workers at its Ilion Herkimer County plant by month end amid slower retail gun sales. The move includes a shift to a four day work week and comes as the company halts production for stock. unions say orders from K Mart and Wal Mart did not materialize. Plant officials say the layoffs aim to curb inventory and prepare for 1986 while project plans for a new 30,000 square foot facility proceed.
MENTIONED IN THIS ARTICLE
Ilion
N.Y
Remington Arty Co
Herkimer County
James Matousek
European automakers unveil new models at Frankfurt show
At the Frankfurt Motor Show Europe’s top automakers revealed U S bound debuts and European releases planned for 1986 87. VW introduced four wheel drive Vanagon Syncro and Quantum Syncro with 16 valve Scirocco while Audi previewed the 5000CS Turbo Quattro. BMW planned 318i delays and 325i with 3 series four wheel drive arrivals in 1987 yet 1986 saw 325i. Mercedes Benz rolled out 300E 300D and 300TD with 5 6 liter V8 for 86. Porsche teased 944 Turbo and revived 924 while Jaguar XJ40 Rover 600 and Lotus X100 were absent from the show.
MENTIONED IN THIS ARTICLE
Frankfurt
United States
U.S
Volkswagen
Audi
BMW
Mercedes-Benz
Mercedes
Porsche
Rover
Honda
Lotus
Toyota
Also Mentioned on This Page
Chicago Tribune
Federal Farm Credit Banks
Treasurys
Tad Piper
Piper, Jaffray & Hopwood
Piper
Syracuse Herald-Journal
Blanchard
Foller
Modara Oltiea Techaoh
Jor Cello
Industrial Development Authority
OCIDA
John
HL. Mulroy
Gefieta
Meade
Bill Crozier
Remington Arms
Matousek
Remington
K-Mart
Wal-Mart
Darrell Price
The
Employees Mutual Association
By Paul Lienert
Knight-Ridder Newspapers
Mazda
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