22 Mar 1975
Page 1
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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
Mar 22, 1975
Page
1
New York markets fell Friday as profit taking cooled last week’s rally. The Dow slipped 1.80 to 762.20 with 1,769 issues trading. turnover about 15.6 million shares. Durable goods rose 2 percent in February, signaling possible easing of recession concerns.
A syndicated market briefing mentions RCA microprocessor tests and claims, National Semiconductor and AT&T stock moves, and Dow Jones closing averages with notable gains and losses. It also contains Columbus Telegram postage rates and subscription details alongside local notices about mailing changes.
John Jacobson, Exon administration budget director, warned that blocking a retroactive income tax hike could force higher 1976 tax rates and raise the 2.5 percent state sales tax. He backed using the governor’s budget as a base while outlining LB554 funding and related state obligations.
Leigh Gene Wendt son of Mr and Mrs Arnold Wendt is chosen for the Nebraska FFA Association Band to perform April 6 in Lincoln. The selection includes his parliamentary procedure team Russ Herink Tercy Wendt Randy McMullin Chuck Folken Ken Urban Gary Groteluschen and Gene Wendt plus public speaking by Russ Herink and Mack McMullin in Creed. They won first place at the District UFFA contest in Scribner Feb 22.
The Senate Agriculture Committee advanced a three year farm bill with milk and cotton supports restored and extended. It hikes feed grains wheat and soybean supports and could raise consumer costs by about 953 million, while administration figures show the House version costing far less. President Ford would likely veto the House bill, with Senate changes complicating override prospects. SPRING VACATION SCHUYLER Schuyler Grade School Central High School and Immanuel Trinity Lutheran School will close Good Friday and March 31 for spring vacation.
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