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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
May 26, 1976
Page
2
A market summary shows Exxon, Firestone, Ford Motors and GM among notable stock movers with percent changes listed. Omaha UPI reports livestock totals with hog and cattle ranges, prices for various weights, and Thursday estimates for cattle and calves, hogs, and sheep.
New York UPI report shows Dow Jones stock averages at 1 p.m. CDT with the 30 industrials at 968.71, down 2.98. 20 transports at 211.74, down 0.24. 15 utilities at 84.48, down 0.04. and 65 stocks at 298.26, down 0.65.
Chicago Mercantile Exchange price table for live cattle frozen pork bellies and live hogs. Includes contract months Jun Aug Oct Dec and corresponding open high low last and sales figures. Data reflects brief snapshot of futures activity in cattle pork and hog markets.
A brief UPI style note notes the vast plant diversity with over 300000 species. It recalls a 200 year old event when a delegation of Indians arrived in Philadelphia seeking an audience with the Continental Congress.
Nebraska Educational Television Network introduced a new red N logo replacing the previous design tied to NBC. NETV sued NBC for trademark infringement after NBC used a similar logo, settling for cash and equipment valued well beyond NETV’s initial investment.
A Polk County District Court suit seeks 8.7 million dollars against American Farm and Ranch Services of Omaha. Farmers Grain alleges three employees shared trade secrets with American Farm reps and urged others to switch jobs, aiming to obtain injunctions and damages.
London experts warn uranium supply may run out before oil as new deposits fail to keep pace. Dr. Stanley Bowie of the Institute of Geological Sciences says substantial new discoveries must enter production quickly to avoid shortages by the 1980s and to sustain nuclear power beyond 1990.
Dozens of states cities labor religious groups and individuals sue the Agriculture Department alleging new rules would strip 1.2 billion in food stamp aid from 10.8 million Americans under a 100 monthly deduction and 90 day lookback. The suit names FRAC and 26 states plus major cities and organizations.
The Social Security System faces higher costs as benefits exceed payroll tax income. Trustees note a 0.3 percent payroll tax increase proposed by President Ford for workers and a matching rise for employers, effective next year, though they did not endorse the plan. The outlook shows longer deficits and higher costs than previously projected.
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