Stock Averages Rise Across Markets At 1 PM
New York stocks climb at midday with the Dow Jones up 9.60 points to 1001.18. Transports gain 2.72 to 209.70, utilities rise 0.45 to 87.55, and miscellaneous utilities or sectors up 3.00 to 304.97.
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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
Apr 05, 1976
Page
2
New York stocks climb at midday with the Dow Jones up 9.60 points to 1001.18. Transports gain 2.72 to 209.70, utilities rise 0.45 to 87.55, and miscellaneous utilities or sectors up 3.00 to 304.97.
UPI notes at Omaha Livestock Market hogs active after a slow start with mixed gains. Barrows and gilts 1.00-1.50 higher, some 1.75. weights 200-260 lb quoted. Cattle and calves 5,500 head. slaughter steers and heifers up 50-1.00. cows firmer to 1.00 higher. Prime loads cited near 1100-1225 lb steers at 40.25-40.50, prime heifers 875-1050 lb at 39.00, utility and commercial cows 28.50-31.50. Sheep light trade with No 1-2 pelts 15.00-16.75.
The Columbus Telegram lists delivery and mail subscription rates: carrier in Columbus $2.75 monthly, Nebraska mail $17.00 yearly, other states $28.00 yearly. It requests change of address notices to the postmaster and notes a missing Telegram parcel with a contact phone for Saturday evenings.
Chicago markets show live cattle and frozen pork bellies futures with activity across several contracts. Notable figures include Apr live cattle around 41.55 to 40.95, Jun near 45.32, and Oct near 45.15, with hog futures trading around 48 dollars for Apr and Jun.
Miami fire officials said a strong possibility of arson caused the Avondale Hotel blaze that killed seven people and injured 14. Investigators ruled out electrical short and cigarette ignition and noted the fire began in the ground floor television room as residents slept. Survivors returned to salvage belongings.
In Columbus campaign stops U S Senate candidate John Y. McCollister assailed federal spending to create jobs and urged more private sector control. He warned government preempts savings and 40 percent of GNP, called for fewer grants, local control over federal aid, and a tax break for private savings.
Ten Nebraska high school seniors from the 1st District were chosen for internships in Congress and federal agencies. They will meet government employees and research two bills while visiting Washington. Notable students include Wayne, Diane Robinson of Norfolk, Merrily Dunn of South Sioux City, Bill Nelson of North Bend, and others from Aquinas, Exeter, Lincoln East, Lincoln Northeast, Beatrice, and Nemaha Valley.
Elmer Burkett Reed 76 of Lincoln Nebraska died when a car driven by his wife Lord Helen Reed 73 veered off U S 71 in Jasper County Missouri. The car struck a post and overturned after the driver apparently dozed at the wheel.
Merton Feldstein filed suit in Cook County Circuit Court asking for the return of gifts given to Mrs. Merle Greenberg as their engagement and planned marriage failed. He described purchases including a $104,000 condominium, over $100,000 in furniture and art, a Mercedes-Benz, airline tickets, and a Miami Beach parents’ condo. Judge Covelli ordered no disposition of the gifts until the case is settled.
Police report two weekend injuries in the area. Carol Bartak was treated at Behlen Community Hospital for a neck injury after a Sunday crash at 23rd Street and 18th Avenue, when her husband John Bartak, following, failed to stop. Total damage estimated around 1400 dollars.
East Butler of Brainard won the blue ribbon in the 48th annual state Future Farmers of America meats judging and identification contest in Lincoln. The North Bend chapter took the championship with red ribbons for St. Edward and Schuyler Central and white ribbons for Newman Grove and Lakeview. Individual blue ribbons went to Jim Nemec of East Butler, Brad Stephens, Tony Stock, Jeff McWilliams of Newman Grove, and Darryl Brabec of Howells. Jackie Lynn Tops adopted by Mr. and Mrs. Joe Topil. Weekend visitors included Jerry Jaworski family from Hastings and Peggy Hill family from Lincoln.
U S envoy Dean Brown met Franjieh in Jounieh as part of an exploratory peace mission. Talks aimed to pressure leftists into compromise amid security fears and stalled succession for Franjieh. Saiqa forces held Beirut positions to enforce a cease fire, with An Nahar noting possible resume of peace efforts once ground control is assured.
In Oxford Mississippi UPI reports Ole Miss invites public to donate radios phonographs sewing machines watches and other artifacts for the university museum. Dr. Frank Anderson chairman of the musical instruments department hopes collectors recall the campus collection.
The Loop Power District Board of Directors approved 38000 in work orders for irrigation hookups to farmers in the Columbus and Fullerton areas. Included are two projects for 7569 and 29483 to provide electricity to irrigation motors south of Columbus, plus a 1062 order to serve an irrigation motor on the Leonard Wondercheck farm one mile north of Fullerton.
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