Posted by Frank41 on February 09, 2016 at 19:21:52 from (50.40.68.48):
Kraft Auctioneers conducted a sale today of land and machinery at Rensselaer, IN. Tomorrow they will sell 500+ black cattle at Milford, IL also. A snip of todays action is the land of 847 acres sold for $4,200,000 with two liens for irrigation equipment. I didn't get any equpment prices of 2 Wilson trailers, 2 Claas 980 choppers with both heads, 9460R, 8360R, S680, tile trencher, and etc.
There was a 3% credit card fee, 10% buyer's fee, and the court appointed receiver was to be receiving $8,000 per week for her fee. Sounds like the creditors are going to be short on collecting the $23,000,000 they were to have been told to have been short. If the owners were banks, they would have been too big to fail and would have gotten TARP moneies.
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Today's Featured Article - Tuning-Up Your Tractor: Secondary Ignition Wires and Distributor - by Curtis Von Fange. In our last episode we spent the entire day checking out the spark plugs. Is that efficency? Actually, it took more time to explain than it really did to do the inspection. At any rate we decided that a compression test was in order so we could verify the internal engine status. That way we wouldn't buy any tune up parts until we were sure that the engine was in reasonable mechanical condition. Our tests showed a fictional compression reading of 85, 80, 82 and 86 psi. That is well within a
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