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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
Jul 28, 1976
Page
2
The midday session shows varied moves across sectors with notable rises in Bendix, FordMirs, and Du Pont while utilities and tech slide. Investors weigh growth prospects as several blue chips report updates and energy firms hold steady near daily highs.
UPI reports mixed livestock quotes with hogs mostly steady to lower, sows and calves down, steers and heifers showing declines, cows up. Lambs steady with spring lambs and choice woolly offerings noted, Thursday estimates listed for calves, hogs, and sheep.
Market data shows live cattle hogs and pork bellies with opening highs lows and last prices. Cattle Oct 41.75 42.00 last 42.00. Feb 48.65 43.67 43.30 43.82. Hog Oct 38.35 38.60 37.90 38.50. Feb 38.40 38.45 37.82 38.45. Frozen pork bellies prices range with Feb 57.35 56.70 57.10 87.10 and other listings.
Police theorize two Omaha men burned themselves in an arson plot after being lured by a Morrow owner who offered 150 dollars to burn a vacant house for insurance. Stevenson and Jackson were burned while attempting to ignite the home, with Stevenson in satisfactory condition and Jackson in serious condition.
July 28 1976 UPI reports John Ehrlichman and Egil Krogh Jr testifying before a Senate subcommittee about persistent bureaucratic battles within White House drug enforcement efforts. DEA head Peter Bensinger urges stricter penalties for heroin traffickers amid concerns over bail policies and loopholes. Ehrlichman and Krogh criticize FBI performance while praising the FBI image, suggesting careful consideration before expanding agency roles.
County Court judge Brashear of Belgrade appeals a Platte County ruling on willful reckless driving that could jail him for 17 days and revoke his license for six months. Multiple cited individuals from various states face fines and penalties for traffic related offenses and other violations.
Governors closed a conference with debate on federal state relations and energy policy. Frank G. Zari of ERDA presented federal views while Gov. Patrick Lucey spoke for states. Highlights include push to end nuclear emphasis, boost conservation and solar tech, support energy efficiency in new construction, and back a regional approach to higher education.
Ames Iowa UPI Agricultural Economist Gene Futrell of Iowa State University notes supplies will be tighter in the near term with 18 percent more cattle in Iowa and 9 percent nationally. He cites a 5 percent drop in total cattle numbers to 1335 million this year and a 9 percent decrease in beef cows to 42.7 million on July 1. Calf crops also fall seven percent nationwide and four percent in Iowa, but longer term beef producers may see stronger prices.
Genoa Chamber of Commerce sponsors Pawnee Days starting Friday through Sunday featuring a motorcycle rodeo at 7 pm Friday and a demolition derby at 1:90 pm. A junior stock show, tennis, and an FFA barbecue fill the weekend along with a youth fun night, livestock parade, Genoa Indian float, penny scrambles, balloon relays, races for 6 to 15 year olds, turtle races, tug of war, and three legged races.
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