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Newspaper
Lincoln Journal
Location
Lincoln, Nebraska, United States of America
Date
May 31, 1977
Page
12
C G SmithArranged council study for Hickman sewer and water costs. A new 300000 dollar water tower is planned due to subdivision demands. LT may push tripling rates. Thone will explore FmHA funds to avoid revenue bonds. Humphrey’s bill on escrow may prompt House action.
Hunter explains annexing Wagon Train Heights would require the village to assume 475000 in bonded indebtedness for streets sewers and water mains. Thiel faults the FIHA program urging clearer loan information and a needs based support system for new homeowners.
Chicago AP report shows mixed cattle and feeder cattle futures with April and June contracts wavering between gains and losses. Barrel prices and open interest climb in August and October grains while livestock receipts and market activity fluctuate across major Midwest exchanges.
Livestock quotes from Omaha Sioux City St Joseph and Kansas City show mixed changes for cattle hogs and sheep. Steers and heifers mostly steady to higher. hogs up 25 to 75 cents per hundredweight. cows and bulls vary by weight class with scattered gains. Agricultural price movements accompany grain and soy futures turning higher on Tuesday.
Lincoln and Eastern Nebraska forecast shows fair tonight and sunny warm Wednesday with highs in the 70s to 90s and mild Lows. Extended through Saturday expect chances of thundershowers Friday and warm conditions with 50s to 60s lows regionally. City data include barometer 30.19 noon Tuesday, wind northwest 17 mph, humidity 53 percent, precipitation 5.20 inches year to date vs 3.71 normals, growing season 7.03 inches, record highs 103 in 1934 and lows 4 in 1894.
Omaha based Pamida owner of 195 discount centers reports first quarter net earnings of 735000 or 8 cents a share down from 1111000 and 12 cents a share a year earlier. Net sales rise to 59598000 from 57698000.
New York stocks showed limited strength as blue chips edged up while the Dow Jones industrial average remained near 898.83 late Tuesday afternoon after a week of losses. Analysts cited bargain hunting after last Friday’s 9.24 point drop that pushed the index below 900 for the first time since January 7, 1976.
The page shows inter-dealer NASD price quotations as of 10 am on Tuesday for numerous stocks and bonds. It notes markets change and retail markups or commissions are not included. The table lists bid and asked prices for many securities with symbols and percentages, including notes on real estate interests and warrants.
The 1977 field article outlines a revival of electric cars amid high gas prices. It notes rebates, a $160 million research act, and 50 mile ranges with 50 to 100 dollar charging costs. It discusses market limits, 30 firms making or selling electrics, and projections of mass use by the 1980s.
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