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Lincoln Journal in Lincoln, Nebraska

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Lincoln Journal

Location

Lincoln, Nebraska, United States of America

Date

Jul 29, 1977

Page

24

Complex U S commodity futures and livestock markets report

Chicago futures trading shows mixed activity across cattle hogs and feeds with price moves noted in diverse sectors. Traders track open interest and market signals as the day progresses through various contracts and indexes.

Board director credentials facing broad scrutiny now

The nation’s corporate boards face intensified scrutiny from government regulators stockholders economists and business leaders. Outside directors pay and duties are coming under fire with calls for independence stronger monitoring of CEO performance and stronger internal controls.

America Society of American Business & Economic Writers New York City Stanley Sporkin Securities & Exchange Commission Ralph J. Lewis Harvard Business Review The Myles Mace Harvard Business School Mace Field Enterprises Inc

Grain Futures Mixed With Declines Across Corn Soybeans and Oats

Chicago and Kansas City markets showed soybeans plunging 26 42 cents per bushel with new crop deliveries down about a dime. Corn and oats slipped, wheat held gains, and soybean oil and meal posted near term drops. Regional price ranges and dairy egg quotes followed with mixed movements in Chicago and New York markets.

Chicago Chicago Board of Trade Lincoln Area Lincoln USDA

Saudi desert city project awarded to Morrison-Knudsen led group

A consortium led by Morrison-Knudsen Co. of Boise won a contract estimated near 1 billion dollars to build support facilities for a military training post and a planned city in northern Saudi Arabia. The project aims to house about 70,000 people over three years with tight disclosure limits from MK officials.

Boise Idaho Morrison-Knudsen Co Saudi Arabia Army Corps of Engineers Washington Pentagon M K

Lee Enterprises declares 2 cent rise in quarterly dividend

Davenport Iowa AP Lee Enterprises Inc increases its quarterly dividend by 2 cents to 17 cents a share payable Sept. 30 with a record date of Sept. 1. President Lloyd Schermer notes the 17 cent payout is 4 cents higher than the same quarter in 1976 and 12 cents more than four years ago.

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Stock Market Dips as Economy Fears Persist

New York stocks slipped Friday amid fears of slowing the economy and tighter credit. The Dow Jones average fell 2.60 points to 887.39 by 1 15 p.m. EDT after earlier declines, with bargain buying trimming losses as indicators showed June leading economic indicators down 0.6 percent and private sector productivity down 1.8 percent in Q2.

New York UPI Commerce Department Labor Department

Big Cars and Vans Boost Big Three Profits to Record

Detroit based UPI reports that the Big Three earnings surged to a record 1.73 billion in the second quarter as demand for large cars and vans grew. GM earned 1.1 billion for the quarter while Ford and Chrysler posted 530 million and 103.4 million respectively, the latter hit by a six week truck plant strike. Analysts warn profits may ease next year amid weaker sales and a potential industry downturn.

Detroit UPI U.S Ford Motor Co Chrysler Corp General Motors Ronald A. Glantz

Auto makers see earnings peak after 1974 slump rebound

NBC Co six month figures from eight affiliated holding companies show gains noted by seven of eight. Chrysler posts 1.72 per share on 4.4 billion dollars in sales, with tax credit adjustments. Ford reports record 9.7 billion sales and profits of 442 million, up from last year. Analysts split on durability of the upswing as demand for larger cars and trucks remains strong.

NBC Co James Stuart Jr Fremont First National Co Fremont First State Co North Platte State Kearney First National Hastings City National West Point First National Co Grand Island Overland Co BE Co Wall Street Mitchell, Hutchins Inc David Healy Drexel Burnham Lambert Inc Healy Arvid Jouppi Colin Hochstin Co Jouppi Chrysler Ford

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