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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
Jun 30, 1977
Page
2
New York stock activity shows gains for AlldChem at 49 percent and AmT&T up 63 percent while Am Can climbs 40 percent and Am Stand increases 34 percent amid broad advance. Other notable movers include Alcoa up 53 percent and Am Air up 10 percent as market activity stabilizes.
A clipped list shows varied company shares and interests across Columbus Nebraska with firms such as Pfizer ProcterG Sears Shell Oil US Steel Texaco RCA and Safeway among others represented by percentages. The fragment hints at a local business or market survey, naming multiple corporations and their relative shares or standings.
UPI reports at 1 p.m. Dow Jones industrial average up 1.70 points to 915.03, transports up 0.78 to 237.39, utilities down 0.09 to 114.65, and rails at 311.58 up 0.54.
Grain futures and livestock prices reported from Chicago and Omaha. Hogs trading with gains across weight classes. No 1-3 hogs at 47.00 to 47.50 for 190 to 240 pounds, lower quotes for heavier pigs. Cattle supplies tight. cows weak to 25 cents lower, utilities and commercial cows around 25.00 to 26.75, lower for canners. Friday stock estimates show more hogs and cattle than actual trades, sheep none.
Live cattle and frozen pork belly futures quoted on the Chicago Mercantile Exchange with close, high and low figures for August through February contracts. Hogs futures also listed with bid and offer ranges. Public notices announce mailing rates and change of address procedures for the Columbus Telegram.
Nebraska Attorney General Paul Douglas urged caution with Columbia Research Corp of Chicago after mass mailings offering a Las Vegas vacation for two valued at 500 dollars for 16 dollars. He noted a pending fraud complaint in California and FTC action alleging deceptive contest mail promotions.
Nine OPEC producers including Algeria Ecuador Gabon Indonesia Iran Kuwait Nigeria Qatar and Venezuela agreed to skip a July 1 price increase. Libya and Iraq did not join the move and may push for higher prices. Saudi Arabia and the United Arab Emirates signaled they could still raise prices later to align with the rest.
The Agriculture Department said farm prices dropped 5 percent in the two weeks ending June 15, led by soybeans cattle corn and wheat. Hogs and milk posted small gains and farm costs fell 0.5 percent. The decline contrasts with rising consumer food prices forecast for 1977 with a 6 percent yearly increase projected.
Osceola July 4 event at Ryan Hill Country Club features a 9 30 p m fireworks show. Public invited as the Polk County Recreation Association American Legion William Wolfe Post 91 and the Osceola Chamber of Commerce sponsor.
A terse OCR fragment lists financial figures and a phone-like sequence. It mentions United Accum, United income, United Science with values 6.36 10.19 5.61 6.95 and 114, plus 6.13 and a representative Ph. 564.8254. The readable items are monetary or code-like entries without clear context.
Platte County Nebraska Board of Supervisors meets in regular session June 7 1977 with Chair Reinhold Ernst and six members present. They authorize various motions including tax exemptions corrections warrants changes and adjournment to June 21 1977. discussion covers budget methods border road repairs and office equipment.
Jones and Co. announced the discontinuation of the National Observer, a weekly paper started in 1965. Dow Jones president Warren H. Phillips said the Observer will cease publication with the final issue going to press Saturday. Memorial services were held in Peking for writer Ah Ying.
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