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Newspaper
Lincoln Journal
Location
Lincoln, Nebraska, United States of America
Date
Aug 15, 1977
Page
14
A dense OCR snippet lists numerous company names and numbers, including Prair ie On R, Moulding In, Movielab, Preston, Natl Kinney, and PGE pt. It appears as a compiled market table with prices, percentages, and footnotes across multiple sectors and exchanges.
Chicago futures show live cattle and feeder cattle trading mixed with hogs and pork bellies also active. Prices move across August through December contracts with open interest rising in several spreads and sales volumes reported for multiple months.
AP dispatch from Chicago notes sharp selling across the grain complex. Soybeans led losses, with prices down and contracts near new lows while corn and wheat also closed lower amid broad market pressure.
Thundershowers likely tonight with partial clearing and cooler Tuesday. Lows in the 60s, highs in the mid 70s. Comfort index 75, barometer 29.99, wind 16 mph from the south, humidity 69 percent. Precipitation month to date 2.22 inches vs 1.55 normal. year to date 18.24 vs 19.82. Growing season to date 13.99 vs 16.15 inches. Sunset Monday 8:25 p.m., sunrise Tuesday 6:37 a.m. Clouds and warmth extend across Colorado Wyoming and South Dakota.
A forger in Gov Michael Dukakis office has been signing proclamations citations and personal notes for months. Capitol Police Sgt Arthur Beaulieu used Dukakis signature to autograph photographs sent to admirers with the governor's apparent approval.
Minnegasco announces net income of 10.7 million and earnings per share 2.70 for the year ended June 30 1977 down from 2.83 a share previous year revenues rise to 249.39 million due to extreme cold and customer conservation plans. A general rate increase is expected. Minnegasco serves about 500000 customers across Minnesota South Dakota and Nebraska.
St Louis UPI reports a Postal Service plan to set a dual rate for first class mail. The proposal would raise business mail to 16¢ per ounce from 13¢, while a 13¢ citizen rate remains for private correspondence with hand written destination or return addresses. Emmet Andrews, head of the American Postal Workers Union, criticizes the plan as likely to complicate sorting and raise delivery errors.
A third federal class action filed in Covington on behalf of the Polley estates adds to more than $1 billion in damages sought from the Beverly Hills Supper Club fire. Cincinnati attorney George S. Roberts represents Dorothy V. W. Polley and George C. Polley, Ironton, Ohio, who were among 164 killed in the May 28 blaze.
R J Reynolds Tobacco Co increases wholesale prices on all domestic cigarette brands and Winchester Little cigars by 85 cents per thousand to offset higher costs. Regular and king size brands now 14.35 per thousand. 100 millimeter and 120 millimeter cigarets 14.85. Reynolds Tobacco, a subsidiary of R J Reynolds Inc, makes Winston Camel Salem Vantage Coral More Now and Real.
AP reports the weighted wholesale price index for 35 commodities fell to 368.54 from 370.97 the previous day. Week and month figures show slight declines with a long term average set at 100.
Metal prices in New York on Monday show copper at 65.58 cents per pound, lead 3 cents, zinc 34 cents, tin 5.6074 dollars per pound, gold 145.25 dollars per troy ounce, silver 4.470 dollars per troy ounce, and quicksilver 118 dollars per flask. Handy and Harmon quotes silver at 4.40 dollars per ounce, down 7 cents from Friday. CME 100 Troy ounce futures noted for Friday.
Stocks on Wall Street declined as rate fears weighed on investor sentiment amid a slow trading session. The Dow drifted to about 869.46, down 1.64 points as blue chips appeared oversold after a 19 month low, while the NYSE composite moved to 53.52.
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