Garden City Telegram from Garden City, Kansas on November 10, 1977 · Page 12
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Garden City Telegram from Garden City, Kansas · Page 12

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Garden City, Kansas
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Thursday, November 10, 1977
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Page 12 Garden City Telegram Thursday, INovember 10, 1977 Foreclosures Suspended By DON KENDALL AP Farm Writer WASHINGTON (AP) - The Farmers Home Administration is streamling a reporting procedure to determine the impact of an order sent to field offices almost six weeks ago to suspend farm foreclosures by the agency. Officials said Tuesday that as of Oct. 21 about 75 foreclosures had been held up as the result of a directive ordered by Agriculture Secretary Bob Bergland. But they said no dollar figures are yet available to show how much is involved. New procedures, however, are expected to give the FHA, an agency of the Agriculture Department, a fuller accounting within two or three weeks. Bergland said in late September that he was instructing the agency to take all steps possible to halt foreclosures the rest of this year after it became apparent that many lowincome farmers might be in danger of losing their farms because of sagging commodity prices and a drop in farm income. Gordon Cavanaugh, administrator of FHA, sent Agriculture — Today By Otis Griggs Finney County Extension Agricultural Agent KSU ECONOMISTS CLARIFY TAX IMPLICATIONS OF CCC LOANS Some Farmers have wondered whether money received from wheat loans should be treated as income this year or as loans in which the income is realized for tax purposes next year. A news release issued recently by KSU farm management specialists erroneously said that if a farmer treated his Commodity Credit Corporation (CCC) loans as loans in the past, he must do the same in years to come. Farmers who take out CCC loans on their crops may elect to include the proceeds as income for the year in which the loan was actually received, instead of the year the commodity is finally sold, extension economists at K- Slate said. "You need not obtain permission from the Internal Revenue Service to adopt this method of reporting CCC loans, even though you may have reported those received in prior years as taxable income in the year the crop was sold," the economists said. They added that "once a farmer reports CCC loan proceeds as income, they must report all such succeeding loans as income in the year received unless they obtain permission from IRS to MORTON BUILDINGS COMMERCIAL & INDUSTRIAL 'Let our building experience improve your business' • Shops • Warehouses • Offices • Retail Outlets • 10 colors • Experienced crews • Up to 81* clearspan Box 975 Garden City, KA 67846 W. Jet. 50 & 83 316/275-4105 change to a different method." For further details, the specialists suggesled referring lo Ihe 1977 edilion of the Farmer's Tax Guide. "If this is Ihe firsl year you are obtaining a CCC loan, say, on wheat, you have the option of treating il as an income or as a loan. Be sure lo keep records on Ihe number of bushels involved in eilher case," the economists said. DUTCH ELM DISEASE The bailie againsl Dulch elm disease goes on, and now added lo Ihe arsenal againsl il is a so-called "pheromone: (FER-eh-mon)—a scenl that attracts the bark beetles which spread the disease. They are Ihen Irapped on boards covered wilh a tacky substance. Is this the answer in conlrol for Ihe beelles? A K-Slale enlomologisl says it's in no way a "cure all." The sex atlraclant works, he admits. But then it's necessary to trap all the beetles. Otherwise, he points out, to use it only calls in more of the beelles and makes Ihe disease Ihreat worse. Dr. Hugh Thompson says he feels Ihe pheromone may have been"over-sold" as a conlrol for Dulch elm disease, as olher conlrol measures have been in recenl years. He sees Ihe chemical Lignasan in lhal lighl. Pumped inlo Ihe Irunks of elm trees al inlervals around Ihe base, Ihis chemical is a help- providing Ihe Iree is nol seriously infecled by Dutch elm disease at Ihe lime. Before lhal came recom- mendalions to spray Ihe Irees with methoxychlor, or Ireal the roots with vapan. All these treatments are costly and time-consuming, the K-Stale enlomologisl adds, and probably can be recommended for saving only high- value elm trees. For general control, Thompson thinks sanitation remains the besl answer- cleaning out diseased trees as quickly as possible to slow the spread of Dutch elm disease. And this, loo, calls for special care lo be effeclive. The K- State enlomologisl says il has to be a communily-wide effort lo work well. telegrams to all agency state offices outlining Bergland's orders and called for regular reports on the volume of foreclosure actions, dollar values and olher informalion. Correspondence provided by Ihe agency al Ihe requesl of a reporl, showed lhal Cavanaugh senl Bergland a copy of Ihe model telegram for his approval. "In essence, Ihis will prevenl any foreclosure actions unlil Jan. 1 on farmers on all lypes of FHA loans, insured or guaranteed, which mighl include farm real eslale, operaling, emergency, rural housing or any olher type thai Ihey as individual farmers mighl have," Cavanaugh said in a letter to Bergland which accompanied the telegram. The directive lo slale offices said the suspension would apply to foreclosure actions involving "monelary defaull" in cases where legal action had nol progressed beyond department lawyers. In other words, foreclosures already taken to court by the agency would not be suspended. But the directive also inslrucled state offices nol lo initiate any new foreclosures before Jan. 1. "This suspense aclion is taken lo enable us lo make further study of reasons for farm foreclosures, especially those lhal may have been or are likely lo be affecled by Ihe currenl price-cost situalion," Ihe telegram said. The FHA is Ihe deparl- menl's main lending agency lo help low-income people buy or enlarge farms. II also handles farm operaling loans and olher programs. One requiremenl is lhal borrowers are nol able lo gel loans from banks and olher commercial sources. Although the suspension applies to some olher lypes of loans, a main purpose is to head off foreclosures on farm real estate until the agency can lake a look al Ihe entire situation. The agency recently reported about $3 billion in real estate loans outstanding to 136,981 farm borrowers. Foreclosures average 500 lo 600 a year, officials said. Holcpmb FFA Wins Horticulture Contest Twenty-lhree members of the Holcomb FFA chapter atlended Ihe Soulhwesl Dislricl Horlicullure Conlesl Ocl. 15th. The team placed first overall with high individuals as follows: first- Clinl Nordslrom, second-Doug Munsell, third-Ricky Klaus, fourth-Terry Golay, fifth- Sieve Brecheisen, sixlh-Wade Barlow, sevenlh-Mark Hill, eighlh-Bryan Rolh, ninlh- Ronnie Becker, tenth-Greg Hoisted. Other members atlending from Holcomb were: Jerri Ross, Chad Messenger, Jerry Rolh, Tim Hamill, Craig Barlow, Jon Irsik, Keilh Richmeier, Craig Adam, Chuck Becker, Kurl Smilh, Scoll Parlridge, David Beasley and Chuck Foreman. Eighl members of the Holcomb FFA atlended Ihe Annual Scotl Cily Land Judging Conlesl Ocl. 15. The team placed second with the following individuals placing in the lop ten: Teddy Unruh- fiflh, Greg Mader-sixlh, and Laren Hafliger-ninlh. Other members attending were: Jeff Adam, Ronnie Haas, Troy Fenton, Brian Rome and Tom Miller. The Holcomb FFA Land Judging Team placed third in the Dislricl Land Judging Conlesl at Dodge City Oclober 21. Jeff Adam was Ihird high individual. Also attending from Holcomb were: Laren Hafligher, Teddy Unruh, Greg Mader, Terry Golay, Ronnie Haas, Troy Fenlon, Doug Munsell, Chad Messenger and Brian Rome. G. C. FFA Takes Second in Contest The Garden Cily Future Farmers of America took second place in the District Parliamentary Procedure contesl at Dodge City Oct. 25. Parliamenlary procedure consisls of conducling a meeling correclly by moving molions and Hems oif business properly. Members of Ihe par-law team were Wayne Goss, presidenl; Jack Corn, vice- presidenl; Mike Lobmeyer, secrelary; Dennis Worf, treasurer; Benny Billinger, reporter; Jerry Ryan, sen- tinal; Marly Nelson, Diedra Grow, Rick Corbell and Ty Doly, delegales; and Keith Bray, advisor. Jack Corn, Benny Billinger and Rick Corbett all lied for sevenlh place on Ihe parliamenlary procedure lesl. The Garden Cily Future Farmers of America look third place in Ihe Land Judging Conlesl al Scoll Cily Ocl. 15. The Land Judging learn, consisling of Boyd Lear, Mike Malherly, Dennis Worf and Marly Nelson had been praclicing since Ihe firsl day of school for Ihis contest. Most of their time had been spent working on computer terminals in the computer room at ihe high school. Land judging consists of judging different types and different layers of land. Crawlies Say 'Bad Winter' HIGH RIDGE, Mo. (AP) Mrs. Helen Wohlschlaeger, who claims to have predicted the severily of winler correctly for the last eight years by examining caterpillars, says this winter will be "horrible." "Worse than lasl year if you can believe lhal," she said. "Jusl horrible." She makes her prediclions according lo Ihe coals on Ihe caterpillars she finds on her acre of land al High Ridge. 4, 6, & 8-Row Way NO. BO DRIVE CHAIN 1 CASE HARDENED SPROCKETS ARE ENCLOSED IN EASY ACCESS OIL BATH BASE FOR LONGER LIFE. NO BELTS TO SLIP. The (j-g) SHREDDER cuts a solid swath up to 20'6" wide. This increases its serviceability on row crops — covering four or six-row rows of 40" width - or eight rows of 30" width — or also broadcast crops. A counter-rotating cylinder with swinging hammer knife blades that can be set within inches of the ground by hydraulically controlled 14" guage wheels with new tires. Easily adjusted to different row widths. Cover TWICE As Many ACRES PER DOLLAR EXPENDITURE YOUR LOCAL PHARES & WILKINS DEALER IS: GARDEN CITY FARM EQUIPMENT, INC. WestHwySO 2754246 NOV. SALE PRICE *3850°° PHARES, WILKINS i 4-H Room to Grow by CHARYL LARSON EXTENSION 4-H AGENT Officer Training — Training will be at 7:30 Thursday at St. Dominies School. 4-H Officers and leaders are encouraged to attend. Fur Harvester Clinic — Any 4-H'er or parent who is interested in fur harvesting is encouraged to go to a clinic on Wednesday at Kinsley. An extension car will be leaving the office at 4:00 p.m. for anyone who wants a ride. Please call the office if you are interested. Interested In Joining 4-H? — Any youth between the ages of 7 and 19 is eligible to join 4-H. Stop by the Finney County Extension Office and pick up a 4-H brochure. The 4-H Clubs are getting organized for another exciting year, so now is the time to join. American Royal 4-H Conference — Geri Greene and Dawn Smith will be leaving Saturday to attend the American Royal 4-H Conference in Kansas City. These 4- H'ers won this all expense paid trip because they are outstanding in leadership skills. 4-H News QUALI r v F AkM CHARLESTON ASTRONAUTS Inslalation of officers was at the Oct. 10th meeting of the Charleston Astronauts. President John Rowan conducted the meeting with 18 members answering roll call with their favorite hero. Eight new members were introduced. Song leaders were Kevin Redger and Suzie Bleumer. Ralph Millershaski gave a demonstration on String Art. Project Talks were given by Brian Beavers, Cathy Reist, and Tony Bleumer. Pam Miller played a clarinet solo of "Put Your Hand in the Hand of the Lord." Ralph Millershaski and Brian Beavers led us in recreation with a game of hide the object. Host was the Loren Miller Family. On Oct. 25, the Junior Leaders of the Charleston Astronauts held their Halloween party for the club and new members. Costumes were judged by Mr. and Mrs. Rubin Gattee and Tina Habiger. Prizes were given by age groups with Brenda Ernst and Laura Redger winning the pre-4-H members. Second and third graders winning were Janelle Caldwell and Stephen Irsik. The Fourth through sixth graders with the best costumes were Brian Beavers and Betty Habiger. Junior Leaders dressing up and winning were Cindy Miller- shaski and Richard Brainard. Ann Reed and Michele Irsik won the prize for best decorated pumpkin. Junior Leaders then led a game for entertainment. Junior Leaders this year are: Cathy Reist, Donella Redger, Pam Miller, Cindy Millershaski, and Cheryl Beavers, Richard Brainard, Brian Habiger, Gary Millershaski, Harry Rowan, Bruce Millershaski, Tim Reist and John Rowan. Cindy Millershaski Reporter FRIENDLY FRIENDS The October meeting of the Friendly Friends 4-H Club was • on Oct. 26 at Friend School. The meeting was attended by i 13 members, four prospective ' members, 11 parents and two leaders. Installed as officers were: Marty Greathouse, president; Karen Louk, vice-president; Michelle Belts, secretary; Kendall Landgraff, reporter; Sherri Belts, Vicki Louk and Lori Landgraf, song leaders; Scott Blackburn and Vicki Bells, recreation; Toni Billings, historian. New members welcomed were Lisa Robsin, Jill Billings, Edwyn Fisher and Susan Williams. Michelle Belts spoke on pholography and Sherri Bells spoke on "Ihe Blues" for music appreciation. Mrs. Bells announced lhal we had six county award winners in our club Ihis pasl Western Cattle Co., Inc. We specialize in order buying of all clawes of stoeker •and feeder cattle. Will sell fat cattle OB conunifiion. PETE Hl'TCHINS Phone TR 2-3518-Scott City JIM JASPER Phone 397-2353-Dig hum DENNIS SCHROEDER Phone 397-2448-Dlghton JACK DALY Phone 276 7196-Garden City HAROLD WOODS Phone 397-5556-DifBtoa MAIN OFFICE PHONE D,«.U>n-W7 Z424 year. They were Kendall Landgraf, treasurer; Michelle Bells, pholography, Scoll Blackburn, corn; Sherri Bells, foods and swine; Toni Billings, home improvemenl; Vicki Bells, dog care and training and aquarium pels. The club also earned a red seal Ihis year in clubwork and a blue award in community service. i BUFFALO KIDS The Buffalo Kids 4-H Club was called lo order Ocl. 27. Roll call was answered wilh "signs of fall." In new business, officers were elected. They are:. Billy Mills, presidenl; Brian Balls, vice-president; Mary Ann Neely, Secretary; Ricky Abila, treasurer; Ronnie Martinez, reporter; Tina Lang and Kelly Veach, song leaders; Susan Cady, flag keeper; Donnie Prieskorn, scrapbook; Alan Peterson and Pele Delgado, bullelin board keepers; Billy Neely and Ralph Olero, recrealion leaders. Mrs. Scoll gave a reporl on Ihe garden. II was decided someone would go oul Saturday and clean up the garden and harvesl the pumpkins and watermelons. Ronnie Mil Martinez, Alan,,, Perlerson and Lonny;°i Brubaker gave a projecl talk on the outdoor classroom. Ronnie Mali Martinez Reporter Looking for the Right Seed Corn? Your Double-Circle • •? Co-op Has It. If you're looking for the right seed corn to plant this year, look no farther than the Garden City Co-op. i They've got single, 3-way and silage corns. One that's just right for your needs. CO-OP Corn Seed is quality seed, backed by the. knowledge that comes from years of experience in all phases of crop production. The utmost in quality control and an active research and demonstration program are good reasons why you should plant CO-OP this year. So stop by the Garden City Co-op and ask about CO-OP Seed Corn. You'll find out why it's called the "Best Deal In The Country." Garden City Co-op 107 N. 7th 275-6161 Want Ads Get Results ELECTRICAL ENERGY o CONSERVATION OF ELECTRICAL POWER IS EVERYONE'S BUSINESS. We're paying increasing costs to produce and deliver power to meet your demand. That's our job. It's your job to see that the power delivered is used wisely. Don't waste it. It costs everybody more. You and us. WHEATLAND ELECTRIC SCOn CITY • GARDEN CITY • SYRACUSE • TRIBUNE • LEOTI

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