16 Jun 1976
Page 1
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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
Jun 16, 1976
Page
1
Dow Jones shows gains with industrials up 3.44 points to 980.28 and transportation up 1.93 to 217.61. Utilities rise 9.13 to 5.83. The overall stock section reflects notable increases across indices with a miscellaneous gain noted for the stock category at 3.99 up 143.
UPI notes mixed livestock prices in Omaha with 5,000 hogs down 1.00 to 1.25, cattle steady to weak and sheep unsettled.挺 Cattle and calves show loads of choice and prime grades with steers 1150-1225 pounds at 41.15 to 41.50, heifers 1000 pounds and up near 40.00, dairy cows 24.00-27.00, hogs 200-260 pounds 52.00, spring lambs under 100 pounds around 48.00-50.00, with overall volume for the day estimated at 1,000 cattle and calves, 500 hogs, 9 sheep.
Chicago upi market report summarizes live cattle frozen pork bellies and hogs with price ranges and transactions. Grain futures show wheat corn and soybeans with closing figures, range and percent changes. Also notes subscription rates and mailing details for the Columbus Telegram.
Torrential rains unleashed deadly mudslides in South Dakota and caused floods in Houston on June 16, 1976. The storms and floods left at least three dead as homes, hospitals, and streets were inundated. A girl, eight, was carried away from her mother in the rising waters.
M Kiburz named president elect of the American Public Power Association at its Anaheim conference. APPA represents publicly owned utilities with over 1,400 members. Other officers elected include Charles Duckworth in Garland Texas and Calvin Henge in Memphis Tennessee as presidents and Walter Woira in Nenatchee Washington as treasurer.
Lincoln Neb state officials say revenues are keeping pace with expenditures and no cash flow crisis is expected this month. They note 43.1 million in revenues arrived Monday night ensuring mid month payments to schools counties and cities and bi weekly payroll can proceed.
A sequence of three earthquakes struck near Tokyo with epicenters in Yamanashi and Shizuoka, halting Bullet train service for about three hours. One driver injured by a falling rock. windows broken and tiles fallen in affected areas. Tremors caused commuter delays across surface and subway lines as meteorological officials logged varying intensities up to four on the local scale.
The Senate backed a measure to extend the Federal Energy Administration 15 months past June 30 and fund a $4.29 billion grants program to aid energy conservation. The move aims to empower the FEA to distribute the grants and oversee the effort as the bill’s passage was expected to wrap up.
Washington reports the drive to divest the nations 18 largest oil firms faces stiff opposition and unlikely passage in the current session. Senate action is postponed past conventions with veto risks growing. Sponsors push for separating exploration from refining amid heavy industry pushback.
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