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Newspaper
Lincoln Journal
Location
Lincoln, Nebraska, United States of America
Date
May 23, 1977
Page
12
The page lists numerous company names with trailing numbers and percentages, indicating stock prices, shares or earnings data from a wide spectrum of industries. Names include Inflight, Intel, PGE, PennTraffic, Tyco, US Steel, and Westinghouse among many others, reflecting a dense market snapshot.
The 1977 Tax Reduction and Simplification Act adds an extra $750 dependency deduction for 65 and over, four total for a married couple. Two $35 credits per elderly individual further reduce tax, potentially making $12,200 tax free with Social Security, plus child care credits. Tomorrow: 65 plus break on home sale.
Chicago Mercantile Exchange futures show live cattle bids by month with prices for Jun Aug Oct Dec Jan Feb Apr and June plus feeder cattle quotes from Aug through May and livestock receipts at major markets across Omaha Sioux City St. Joseph and other centers. Trade volumes and open interest are listed alongside hogs and pork belly bids and Tuesday outlooks.
Chicago reports buying in soybeans and soymeal hitting daily limits as weather moisture fears lift prices. Wheat corn and oats rally in midday pits with shorts covering. cash grain prices listed for Lincoln Kansas City Denver and Chicago areas.
Henderson firm and Vac-U-Max Ltd. announce successful negotiations for a manufacturing licensing agreement covering most Common Markets and several African nations. The British firm will manufacture and market Cyclonaire products, expanding its European bulk solids handling range.
Spot nonferrous metal prices in New York show copper at 71%4-74%% cents per pound lead 3 cents zinc cents tin 4.9082 dollars per pound gold 147.35 dollars per troy ounce silver 4.718 dollars per troy ounce quicksilver 140 dollars per flask Handy and Harman quotes silver at 4.60 dollars per ounce, down 11.8 cents from Friday.
The forecast calls for mostly sunny and humid weather with scattered thundershowers in the west on Tuesday. Highs in the 80s and lows in the 50s to low 60s. Extended outlook shows scattered storms midweek and a partly cloudy end of week with minor temperature changes. Lincoln area remains sunny and humid with near 90 high and lows in the low 60s.
A fragmented OCR line shows repeated letters and stray punctuation without clear event or names. The readable content does not indicate a person, place, date, or action to summarize.
New York markets edged lower as inflation fears and Fed credit tightening weighed on NYSE issues. A government report showed April consumer prices up 9.6 percent annualized, signaling persistent inflation. AP noted the wholesale price index for 35 commodities declined to 390.62 with various period comparisons.
Paris AP says Air France posted a loss of about 100.45 million dollars last year with prior annual losses of about 83.85 million in 1975 and 108.4 million in 1974.
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