The lleppner Gazette-Times, Heppner. Oregon, Thursday, December 20, 1979 SEVEN
Fanners Home Administration loans largest ever
Fiirmors Home Administra
tion's Pendleton Office recor
ded the largest loan volume
ever for the fiscal year ending
S')lemler 30. 1979. Loans
approved during that 12
month period totaled
$2133. MO. 00. Last year the
loan volume was
$l.(73.a tn.00. The year be
fore, it was at $16,493,820.00.
In the Housing Program:
127 rural housing loans were
made worth $4,220,420; two
housing repair ' loans were
given for $3,700; eight housing
repair grants were made
worth $30,000 and one rural
rental housing loan for 54 units
for $1,285,720 was given.
In Farm Programs: 30 loans
worth $l,07fi,740 were given
for operating loans; 38 loans
worth $3,789,490 were given
out for economic emergency
loans; 13 loans were given for
emergency production loss
totaling $3,246,140: five farm
ownership loans ' worth
$480,500 were given and ten
soil and water loans worth
$430,950 were loaned to farm
ers. One loan was made in the
Business and Industrial Pro
gram. It was for business loan
guarantees and it was for $5
million.
Five loans were made for
Community Facilities. One
industrial development grant
was given for $107,000; two
city water and sewer facility
loans were made for $697,000
and two city water and sewer
facility grants were made
worth $926,000.
The agency policy is to
target loan and grant funds to
reach economically distressed
areas, the most needy families
and minorities.
Oregon's economy holding its own
Oreuon's overall economy
continued to hold up well in
November despite record high
interest rates and weakening
markets for lumber and
plywood.
The seasonally adjusted
unemployment rales for both
Oregon (7.1 percent in October
to 7.2 percent in November)
and the nation (6 percent to 5.8
percent) gave virtually no
indication that tougher eco
nomic times lay just ahead.
Total unemployment in Ore
gon rose by 10.900 in Novem
ber to 87.300 persons accord
ing to figures released by Ray
Thorne, administrator of the
Oregon Fmplovment Division.
Although the monthly jump in
unemployment was slightly
more than seasonally expec
ted, no doubt reflecting recent
layoffs in the timber industry,
employment levels remained
unusually strong.
Total resident employment
dropped 17.0(H) in November to
1.127.800. The decline, how
ever, was slightly less than
normal for this time of year,
and indicates that demand for
workers is still quite strong in
Oregon.
This strength was especially
apparent in the nonfarm wage
and salary employment total
which declined only 5. 600 in
November to a level of
1.0(')6.5()0. Since this loss was
nearlv 9.000 less than season-
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ally expected, the wage and
salary employment index
gained a full point to 136.6 a
new record high eclipsing the
mark of 135.7 set last march.
Virtually all of the major
nonfarm categories showed
gains after adjusting for
seasonal trends, with employ
ment levels particularly
strong in trade and govern
ment. General merchandise
stores reported the largest
actual retail job gains
( 2.400) in November as
holiday buying got off to a
strong start. Auto dealers and
service stations, however,
reduced employment by 500
during the month, and con
tinue to be the only major
retail sector reporting lower
employment than a year ago
(-1.100).
Only one other sizeable .
employment increase oc
curred in November. Local
government added 4.200 work
ers reflecting further gains in
education (4-3,500) and public
administration (700). The
latter increase reflected the
return to work of striking
Lane County workers.
Employment losses in No
vember were more numerous
coming primarily in agricul-ture(-7,000),
canning and pre
serving (-3,900). construction
(-2.800). and lumber and wood
products (-2.600).
The recent sharp decline in
lumber and plywood demand
began to take its toll in jobs
during November. Although
many of the mill closures and
layoffs occurred just after the
survey week, the wood pro
ducts industry was the only
major sector in November
which showed a seasonally
adjusted employment decline.
Even the construction indus
try which usually expects to
be hurt by "tight money"
conditions managed to hold its
November job losses to 2,800,
about 600 less than expected
seasonally.
Hunting
licenses
expire
Hunting and fishing licen
ses, salmon-steelhead tags
and the furbearer hunting
licenses expire the end of this
month and it is time to think
about replacements.
Big game tags, the trappers
license, and some other licen
ses issued by the Fish and
Wildlife Department, as well
as the migratory waterfowl
stamp (duck stamp) remain
good through the end of June.
Some people make a tradi
tion of giving hunting and-or
fishing licenses and salmon
steelhead tags as Christmas
gifts. All that is needed to do
this (besides the fee) is the
recipient's name and address,
and date of birth. Persons will
be asked to fill out an affidavit
in which you state you know
the recipient has been a
resident of the state for at
least six months (if you are
buying a resident license or
tag.) When you give the
license the recipient signs it,
fills in the years and months of
residency and is set to go
hunting or fishing.
Hunting and fishing licenses
and salmon-steelhead tags
should be available by now
from license vendors through
out the state.
For several years the De
partment has been issuing
permanent pioneer and senior
citizen hunting and fishing
licenses. If you have one of
these, don't worry about
renewal because they are
good for life. From now on tne
Department will also be
issuing permanent, free dis
abled veteran and blind angler
licenses.
Commercial salmon trol
lers. Columbia River gillnet
ters and commercial shrimp
fishermen are reminded again
that moratorium bills were
passed by the 1979 Legislature
which may have a direct
bearing on their future partici
pation in those occupations.
Fishermen needing further
information on this may
contact the Department.