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Newspaper
Lincoln Journal
Location
Lincoln, Nebraska, United States of America
Date
Aug 12, 1977
Page
28
A dense OCR page lists numerous stock quotes and financial codes across markets and sectors. It mentions companies such as PacHold, Vulcan Corp, Sun City, Wabash, and RandAm, with prices, percentages, and div idend notes interspersed among brokerages and exchange indicators.
New York stocks fall amid Fed credit tightening concerns after a 700 million rise in the money supply. The Dow Jones average drops near 4 points to 873.44 as traders weigh higher interest rates and renewed monetary restraint across US markets and livestock and grain quotes drift through Omaha Kansas City and Chicago regions.
AP reports Midwest and national price movements for eggs butter and poultry. Factory class prices in Chicago and New York show fluctuations from Grade A large to extra large eggs and butter steady or barely changed with various wholesale and store-delivered figures.
West Point Nebraska James Ridder 20 died from injuries after a two car crash near West Point Friday. Ridder a one year letterman defensive end at the University of Nebraska at Omaha was to compete for a starting spot this fall. He was a passenger in a car driven by his brother Donald Ridder 17 when their vehicle collided with another driven by Jerome Kreikemeier 16.
State Sen. Loran Schmit of Bellwood forms the Livestock Anti-Trust Assn after settling with Safeway Food Stores and The Great Atlantic and Pacific Tea Co. The firms pay 40000 and 85000 dollars respectively. The nonprofit group will use about 90000 dollars for start up with initial directors including Schmit and Rollie Langmeier. Volunteers may reclaim contributions within 60 days of the first meeting, date and place pending.
Dow Chemical Co suspended production and sale of Fumazone, a dibromochloropropane product, after questions were raised about its health effects. A medical review and testing began weeks earlier, with no definitive results yet, according to a Dow spokesman.
Emhart reports six month earnings of 27.7 million or 3.09 a share primary, 2.91 diluted, up from 17.8 million and 2.44 2.36. Outboard Marine posts third quarter earnings of 15.1 million 1.81 a share, down 6 from 1976. nine month earnings rise 20 to 31.19 million 3.74 a share with sales up 16 to 493.14 million. Nebraska unions win two of eight elections. 54 in favor 154 against in period. Various company election results listed. Central Telephone & Utilities Corp. files with SEC to sell 25 million in 30-year bonds to fund construction and repay short-term debt.
The Nebraska Credit Union League filed an application with the Nebraska Banking and Finance Dept to charter Lincoln Central Credit Union. The proposed address is 330 N 48th Lincoln and a hearing is set for Aug 31 at 9 30 a.m. at 301 Centennial Mall South Lincoln.
AP weighted wholesale price index of 35 commodities edged up to 370.97 from 370.50, with weekly and yearly figures noted as 367.62 and 374.75. The data include historical highs and lows, with long term averages around 100 since 1926.
General Motors Truck & Coach Division recalls 3100 1976 and 1977 motor homes to prevent a possible short circuit that could start a fire. A wire from the auxiliary power generator could touch the positive battery terminal and starter solenoid post. Dealers will relocate the battery terminal and add a cover at no charge. No fires have been reported. issue found in company tests.
Benkelman Democrat Larry Doyle accuses Virginia Smith of Nebraska of prioritizing corporate interests on energy issues. He says her votes could raise natural gas prices and cut financial aid for home insulation, potentially tripling fertilizer costs for farmers dependent on gas.
Crete volunteer firemen recovered a body from the Big Blue River after about eight hours of dredging. Authorities withheld the victim’s name pending relative notification. The body was pulled near the curve from the Nebraska 33 bridge at Crete.
Spot nonferrous metals showed copper at 65% cents per pound, lead 31 cents, zinc four cents, tin 5.6065 dollars, with gold 145.70 and silver 4.50 per ounce in New York. Handy and Harmon quoted silver at 4.47 per ounce, down 3.9 cents from Thursday.
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