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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
Oct 14, 1976
Page
2
UPI reports mixed moves across major stocks with AlldChem at 36 percent and Monsanto at 80 percent gains while US Steel and Dow Jones averages fell. Dow Jones 30 industrials at 934.76, down 13.54. transports 205.60, down 1.39. utilities 97.33, down 0.38. broader 65 stocks at 295.91, down 3.20.
Hogs 3,500 head with fair to steady bids. No 1-3 190-240 lb around 34.00, 240-250 lb 33.50-34.00, sows 50 cents lower. Cattle 400 head. slaughter steers active and steady. heifers scarce. cows steady to barely lower. No sheep. Futures show Live Cattle Oct 39.55-39.72. Dec 41.35-41.37. Feb 41.65-41.82. Apr 42.50-42.60. Frozen Pork Bellies Feb 50.70-50.75. Mar 50.20-50.30. May 50.90-51.10. Live Hogs Oct 34.15-34.25. Feb 32.10-32.72.
The Columbus Telegram lists subscription rates for carriers in Columbus at 275 per month and mail rates of 17.00 per year in Nebraska 28.00 per year outside Nebraska. It notes publication excluding Sundays and certain holidays and instructs subscribers to notify postmasters of address changes.
Doane College in Crete hosts Addie Bruce art exhibit titled Patterns running from Sunday to November 5. The Columbus artist presents about 20 paintings in a second one woman show with a personal appearance by Bruce at the opening on Sunday.
The Agriculture Department raises government loan rates for grains after a reversal of earlier signals. Acting Secretary John Knebel, speaking after Earl Butz’s resignation, denies the move is a response to pressure from Democratic nominee Jimmy Carter who criticized the administration.
Grain officials raised the loan rate for 1977 wheat from 1.50 to 2.25 per bushel and for corn from 1.25 to 1.50, with other grains up accordingly. The move follows President Ford and Knebel citing high production and aims to give farmers relief and price stability as sales to the Soviet Union continue.
The Civil Service Commission confirms 275 top federal executives earn less than about 20,000 of their subordinates due to an election year pay freeze. The-policy prompts departures to private sector with pensions as incentive.
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