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Lincoln Journal Star from Lincoln, Nebraska • 26

Location:
Lincoln, Nebraska
Issue Date:
Page:
26
Extracted Article Text (OCR)

Finance Friday, May 11, 1979 Lincoln, Neb. Journal 26 SETLUHG SHORT- Grains 1 Livestock I Stocks Up Yeutter suggests research Meat pricing system might be improved low Sheet price manipulation, Tom Remington of the National Cattlemen's Association said alternative marketing innovations should be encouraged but should not be limited to electronic marketing systems. Remington, of Calexico, warned against more government control of meat pricing. Ellen Haas of the Washington-based Community Nutrition Institute was critical of the fact there are no legal penalties for submission of inaccurate quotations to the Yellow Sheet The government should take steps to establish a national computerized trading system to bring the meat trading business out in the open, she said. If a new system were privately run, it should be licensed by the government, she said.

low Sheet less often than other meat packers, David LaFleur said. There has been no real evidence that Yellow Sheet prices have been manipulated, he said, but his firm, Missouri Beef, would use another system if shown it better serves buyers and sellers. Rather than controlling private reporting, the government might be more effective if it competed with private enterprise by expanding its parallel beef price reporting, LaFleur suggested. "Radical changes or mandatory, intrusive governmental requirements seem unwarranted and, in an industry as complex as the beef industry, would have far-reaching, unintended, adverse consequences," he said. Discounting charges of Yel DOW STOCK AVE RAGES 1 hi.

1ST CM. .87 f. 41 4. 6.65 Wl Trans. n.U 6.67 ISUtlll 6i llocais.

Friday Sow Thursday Soles .241.14 (.11 NEW YORK (AP) The stock market Inched higher Friday despite several reports by Influential business organizations predicting a recession during the second half of 1979. At 2 p.m, with losers about even with gainers among New York Stock Exchange-listed issues, the Dow Jones average of 30 Industrials was up .95 at 829.87. NYSE volume totaled 16.93 million shares In the first four hours of trading. Citibank said a recession will begin "in the next few months." The downturn will be "distinctly worse" than those of 1960 or 1970, but "not nearly as bad" as the recession of 1973-1975, it said. Commodity index NEW YORK (AP) The Associated Press weighted wholesale price Index of 35 commodities: Thursday 452.97, Week ago 445.78, Month ago 442.34.

Year ooo 406.34. 1919 1978 1977 1976 High 452.97 428.21 394.90 387.60 Low 318.09 386.57 365.26 151.14 (1926 average equals 100) holds "a great deal of promise," but trading meat Is different from cotton and eggs, which are being traded by computer, Yeutter said. He called for more Agriculture Department research and pilot projects on electronic marketing. Yeutter, who held a high department post in the Nixon-Ford administrations, said it is likely that too few trades In beef carcasses determine prices quoted in the Yellow Sheet But changes are unnecessary until the Yellow Sheet no longer can perform an adequate market function, he said. "I'm not aware of any general dissatisfaction with performance of the present system," Yeutter said.

The government's proper role is to monitor the system for any signs of manipulation or wrongdoing, but there is no need for legislation to enlarge government's scope, he said. Smith has suggested that meat packers be barred or restricted from buying cattle futures. Manipulation of cattle futures is impossible because of the exchange's self-policing and the large size of the market, Yeutter said. MBPXL Corp. of Wichita, Kan.

which has been taken over by Cargill the giant grain dealer uses formula pricing determined by the Yel- WASHINGTON (UPI) -Beef industry representatives told an Agriculture Department task force that the meat pricing system might be improved gradually, but the government should not be heavy-handed in forcing change. Consumer activists asked the task force to recommend that the government step in to establish a national computerized meat trading system. The task force on meat pricing held its third and last public hearing Thursday before beginning work on a report for submission to Secretary Bob Berg-land in mid-June. Bergland appointed consumers, agricultural economists and representatives of all phases of the meat industry to the task force. He asked them to recommend improvements in meat marketing and respond to legislation by Rep.

Neal Smith, D-Iowa, who argues the present system allows for price manipulatioa Smith has suggested licensure of the Yellow Sheet, a private wholesale meat pricing guide; laws to force accurate reporting of meat trades to the Yellow Sheet; and a study of replacing the Yellow Sheet with computerized marketing. Clayton Yeutter, president of the Chicago Mercantile Exchange, where cattle futures are traded, said he saw no need for overhauls of meat pricing for at least five years. Computerized marketing Allianz plans to acquire control of North American Life, Casualty MUNICH, West Germany (AP) -The West German Allianz Insurance group will acquire control of North American Life and Casualty Co. from Mutual Life Insurance Co. of the United States for an undisclosed amount, the German company announced.

Allianz said it intends to acquire more than 98 percent of NALAC's stock but a spokesman said he didn't know the total amount of the American company's stock. American exchange Continued From Higher interest rate can be paid on money market certificates WASHINGTON (AP) Banks and savings institutions will be permitted to pay higher rates on money market certificates beginning Thursday as a result of Monday's Treasury bill auction. The interest rates on 13-week Treasury bills climbed Monday to 9.621 percent and the rate on 26-week bills rose to 9.617 percent, the government said. The comparable rates on last week's sale were 98 percent and 9.570 percent. Treasury officials said.

Both were the highest interest paid since mid-April. The new figure for 26-week bills means that the maximum allowable interest rate on money market certificates sold starting Thursday by banks and thrift institutions will be 9.617 percent. The certificates are sold in minimum denominations of $10,000. VV VaileStk lOi 7 4 7' ValueLi 1 2'i VIAmCp .32 7 2 17 Vi Vernlron .10 7 45 4'1 Verliplle .05 7 47 4 Vislravlnt Si 8 6 10'i- Vj VOIMrc 5 1 3i Vs VOPlex .52 5 4 13V. V8 Vulcan 4 26 5 Woinoco .12 14 34 '-4 WalcoN 6 5 224 '4 Wallace .28 6 35 51 1 Wong I .069 18 12 364 WangLB .16 22 8 '1 WardsCo .20 4 10 WornpIC .05 74 4 WMome 213 5 WoshPos .36 7 11 21H- WashRI 1.96 15 15 25' It WeldTu .151 22 2 WellcoE .25 16 1 4St-V Wslbrneln 1 6 21 34'- "4 Wsl Fncl .48 3 2 17- 'n Whippny .20 57 10'4 Whltehal Cp 5 7 Wichita Ind 23 5 61- Wllhomh .60 8 11 Wlncorp .40 17 10 "a Wdstm .609 5 2 lls- WorkWr .40 5 10 6 Wrothr 35 3 We- Wright Hrg 9 1 WTC Inc .10 41 53 6''s 1 '4 Wynnsln .60 7 22 24'-4 Wyo Bnc .64 8 14 tl Vt XYI Zero Co .44 8 2 Wat ZimmHO .36 2 5 tl S-YVeath(Y Vane- FUTURll CHICAGO (AP) Futures trodlnt On the Chicago Mercantile Exchange Frldov: 0n HUh Low Clott CM LIVE BEEF CATTLE 48,600 lbs.

1 cents er lb. Jun Aug Oct Dec Jon Feb Apr Jun Aug 74.75 74.95 73.4 73.62 72.95 73.15 71.62 72.02 1.10 71.25 71.55 70.00 71.00 .50 71.95 72.10 70,42 71.JS J7 72.10 72.10 70.85 71.95 J7 72.65 72.85 71.25 71. .71 72.80 72.80 71.55 71.75 1.M 73.60 73.90 75.60 72.80 .70 72.60 .30 72.60 72.60 71.55 71.6S .60 Oct FEEDER CATTLE 42,000 lbs. i cents per lb. Mov 88.45 88.45 86.75 17.40 Aug 86.75 86.75 85.30 85.72 Sep 86.45 86.45 85.07 85.70 .87 Oct 65.45 85.50 83.92 14.32 1.10 Nov 86.25 86.25 84.65 85.30 .85 Jan 87.80 17.80 86.40 86.90 1.00 Mar 87.4S 67.45 86,45 86.70 1.25 Apr 87.25 87.25 86.50 87.00 LIVE HOGS 30,000 cents Mr lb.

Jun 47.60 47.60 46.32 46.77 1.03 Jul 47.5$ 47.55 46.05 46.50 Aug 44.15 44.15 42.77 43.10 Oct 40.75 40.85 39.47 39.85 1.12 Dec 41.60 41.87 40.40 40.72 1.13 Feb 42.50 42.50 40.50 40.67 1.23 Apr 40.65 40.70 39.02 39.02 1.25 Jun 43.30 43.30 42.40 42.60 .20 Jul 43.90 43.90 42.70 42.70 .70 PORK BELLIES 18,000 lbs.) cents pr lb. May 52.82 52,82 50 70 50.77 1.93 Jul 52.00 52.00 49.87 50.50 1.82 Aug 49.50 49.50 47.45 47.87 Feb 51.00 51.10 49.65 50.17 .58 Mar 50.50 50.50 49.30 49.60 .65 May 51.40 51.40 49.60 49.80 1.00 Jul 51.90 51.90 50.50 50.50 .90 Aug 50.25 50.30 49.65 49.80 .42 OMAHA (AP) Butcher hogs were fully steady in trading on the Omaha Livestock Market Friday. With 3,800 hogs on offer, U.S. l-2s weighing 200-230 pounds brought 230-240 pounders went for and l-3s at 240-250 pounds were Sows were steady to 50 cents higher, with 300-650 pounders bringing There were 1,000 cattle and calves on the market, not enough to test trade. No sheep were on offer Friday.

Omoho OMAHA (APKUSDA) Livestock quototions Friday: Hogs: 3.800; barrows and gilts fully steady; U.S. 1-2 200-230 lb 45.00-45.50 230-240 44.50-45.00; 1-3 240-250 lb 44.00-44.50; sows steady to 50 higher; 300-650 lb 40.00-40.50. Cattle and calves: not enough on alter to test trade. Sheep: none. Sioux City Hogs butchers steady to 25 lower; No 1-2 200-240 lb 45.25-45.50; light sows steady to 1.00 higher, heavy steady to 1.00 lower; No 1-3 350-650 lb 40.0O40.50, 500-650 lb 40 50.

Cattle none. St. Joseph ST. JOSEPH, Mo. (AP) Quotations (or Friday: Hogs 2,600: Barrows and gilts steady to 25 higher, advance mostly on weights under 240 lb; 1-2 200-230 lb 45.25-45.75; 230-240 lb 45.00-45.S0; 240-250 lb 44.50-45.25; 1-3 250-260 lb 43.50-44,50 260-270 lb 42.75-43.25 2-3 270-290 lb 42 290-330 lb 41.00-42.00.

Saws under 500 lb mostly steady, over 500 lb 25 higher; 1-3 100-500 lb 39.50; 500450 lb 40.00. Kansas City KANSAS CITY, Mo. (AP) Quototions (or Friday: Cattle 100: Not enough to test prices. Earlier in the week: Slaughter steers, high good and choice 1050-1285 lb 75.00-76.00. Slaughter heifers, choice 975-1050 lb 73 Slaughter cows, late sales utility and tew commercial high dressing boning utility 60.00-42.2S.

Hogs 600: Barrows ond gilts 25-50 higher; 1-2 200-245 lb 45.00-45.75; 1-3 245-255 lb 44.25-45.00; 255-265 lb 43.00-44.25; 265-275 lb 42.50-43.00; 2-1 285-315 lb 40.50-4)75. Saws, weights under 500 lb 25-50 higher, 500 lb and heavier steady to 50 lower; 1-3 330-650 lb 39.5040.00. Carlo) meat OES MOINES (APWUSDA) Midwest carlo! meat trade Thursday, Including Texas and the Oklahoma Panhandle: Steer beef 1.00 lower than Wednesday; heifer beef 1.00-2.00 lower; trade slow; demand light; steer beef choice 3 600-600 lb 108.50; Omaha choice 3 500-700 lb caw beef utility breaking 3-4 450 lb and up 94.50 west coast; utility boning 2-3 400 lb ond up 99.50 west coast. Fresh pork loins unevenly steady; skinned hams 17-26 lb 1.50-2.50 lower; bellies steady to 1.00 lower; trade active; demand moderate; loins 14 lb and down 95.50-96.00; 14-17 lb 94.50-95.00; SSkinned hams 17-20 lb 71.00-71.50 20-26 lb 69.00; bellies 10-12 lb 40.00; 12-14 lb 46.00. Ford post to Caldwell DETROIT (AP) Philip Caldwell 59, has been picked to succeed Henry Ford II as chief executive officer of Ford Motor Co.

Caldwell, who has been vice chairman and president of the nation's No. 2 carmaker, will succeed Ford as the company's top officer on Oct. 1. Ford, 61, told shareholders he will continue to serve as chairman but said his role In the company, founded by his pioneering grandfather, would be "completelv non-executive afterOctl." Steel-making operation is slowing down PirrSBURGII (AP) -Jones Laughlin Steel Corp. says it will shut down a large portion of its Youngstown, Ohio, steel-making operation at the end of the year, a move that will affect more than 1,100 workers.

Four open-hearth furnaces will be closed at the Brier Hill works and a small blast furnace that has been out of operation at the Campbell Works will be shut down per manently, spokesman John Purser told the Pitta burgh Post-Gazette. FUTURE! CHICAGO (AP) Noon trading on ttn Chicago Board of Trad Frldov Open High Low Noon Prev WHEAT (5,606 bul May 1.78 1.79 3.70 1.73 1.7S Jul 3.7D 1.72 3.64VI 1.69 Wl 1.70 3.71 Vt 3.65 1.69 1.6316 3.71 3.80 1.748 1.77V 1.72 Sep Dec Mar 1.84'il.86 1.80 3 84 1.79V! May 3 84 1.8S JJIVkl.il 3.7 COIN (S.600 but May 2.67 2.67 2.6154 2.62"i 2.65vi Jul 2.71 2.72 2.471 1.6146 1.70 Sep 2.74 2.742.70 1.7146 1.71 Dec 3.75 1.7SV1 1.70 1.7146 2.74 Mar 2.6116 2.63Vt 1.71 3.80 2.12 May 1.08 5.88 2.83 2.85V! 2.67 OATS (5.066 bui May 1.52V 1.5346 1.51V, 1.52V I.SlVi Jul 1.58 1.59 1.56 1.57VJ 1.56V. Sep 1.62 1.64 1.60V) 1.6114 l.MVi Dec 1.68 1.48V3 1.66 1.67 1.66' Mar 1.72 1.74 1.73 1.73 1.71V SOYBEANS (5,080 bo) May Jul Aug Sep Nov Jan Mar 7.25 7.26 7.14VJ 7.17 7.29 7.33 7.2148 7.43 7.45 7.30 7.17 7.26 7.43 7.46 7.30 7.17 7.26 7.37 7.40 7.3BV4 7.33V4 7J7V 7.42V1 7.21V. 7.24 7.27 7.09 7.11Vi 7.14H 7.19 7.31 Vi 7.24 7.37 7.40 7.30 7.32 7.34VJ 7.37 7.JS May SOYBEAN OIL (60,080 IbS) May 26.05 26.05 25.61 25.75 35.97 Jul 26.30 26.40 25.87 26.02 36.33 Aug 26.45 26.45 26,00 36.15 36.42 Sep 26.35 26.35 26.00 26.02 26.27 Oct 26.05 26.05 25.65 25.80 25.98 Oec 25.75 25.75 25.45 25.55 25.70 Jan 25.75 25 75 25 50 25 55 25.70 Mor 25.75 25.75 25.55 25.55 25.72 May 25.70 25.70 25.55 25.55 25.71 Jul 25.50 25.50 25.50 35.50 35.65 SOYBI AN MEAL (100 tons) May 190.50 190.80 187.80 188.50 189.40 Jul 196.30 196.50 193.10 194.10 195.40 Aug 198.00 198.40 195.00 196.00 197.20 Sep 196 40 196.40 195.30 196.00 196.40 Oct 194.00 194.00 192.00 192.30 193.40 Dec 195.00 195.20 193.10 193.50 194.60 Jan 196.00 196.20 194.60 195.00 196.00 Mar 199.S0 199.50 197.50 198.00 196.80 May 200.00 200.00 198.50 198.50 200.20 Jul 303.00 302.50 CHICAGO (AP) Wheat futures rose Friday on the Chicago Board of Trade after the government reduced its estimate of the size of this year's winter wheal crop. The Agriculture Department's estimate late Thursday of a 1.39-billion bushel winter wheat crop, based on May 1 conditions, was about 4 percent below its December estimate and came as a surprise to traders.

The department said winter weather has killed part of the crop in the Pacific Northwest. Soybean futures were higher at the open but fell as traders took profits. After about an hour, soybeans were lty to 3 cents lower, May wheat was 5 to 5 cents higher, May corn was unchanged to 1 cent lower, May and oais were Hi to 2 cents higher, May Lincoln area gram Ranno ot cash grain prices paid to fanners bv country elevalors in Ihe Lincoln area LOW High Wheat 53.18 S3.26 Corn No. 2vellgw $2.22 12.25 MiloN0.2Cwl 53.17 53.30 Soybeans No. 2 S6.63 56.89 Oats 51.25 51.40 Chicago CHICAGO (API-Wheat No 2 hard red winter 1.78n Friday; No 2 soft red winter 4.02n.

Corn No 2 yellow 3.694tn (hopper) 62n (box). OatsNo2heaw1.45V:n. Soybeans No I yellow 7. 16' in. No 3 yellow corn Thursday was auoted at 2.68n (hopper) 2.6ln (bol.

KansotCitv KANSAS CITY, Mo. (API Wheat 52 cart: 1V to 5Vi higher; No. 3 hard 3.75'4; No. 3 3.65-1.77i.n; No. 2 red wheat 3.66-3.76n; No.

33.64-3.75in. Corn 6 cars: Unch to 2Vi higher; No. 3 white 1.65-2.90n; No. 1 2.45-2.85n; No. 3 yellow 2.91'.; No.

3 2.45-2.754n. Oats 0 can: Unch; No. 2 whltg 1.48-1.. No.31.40-1.65Vin. N6.2mllo4.11Vi.

No. 1 soybeans 7.10-7.23Vin. Sacked bran 94.00-94.50. Sacked shorts 95.00-95.50. Sony, Maggie! Britain's annual inflation rate in double figures LONDON (AP) Britain's annual inflation rate moved into double figures in April for the first time since December 1977, the Department of Employment announced.

The department said the rise in retail prices on a year-to-year basis stood at 10.1 percent in April, compared with 9.8 percent In March, 9.6 percent In February and 9.3 percent in January. Gold, silver NEW YORK (UPI) Foreign and domestic gold prices Friday: LONDON Morning fixing 251. 10 down 1.15 Afternoon fixing 251 .50 down 0.7S PARIS (tree market) 262.44 up 0,01 FRANK-FUNT 251.89 down 0.02 ZURICH 3S1.63S down 0.75 NEW YORK Handy ond Harmon 251 .50 down 0.7S Engelhard Bast price lor refining settling and un-tabricoted gold 251.80 down 0.75 per troy ounce. Selling price, fabricated gold 351.10 down 0.77 per troy ounce. NEW YORK (UPI) Handy and Mormon Friday auoted silver ot SB 139 per ounce, down 13 cento from Thursday.

Produce New York NEW YORK (AP) (USDAI Butter offerings sttofly, prices un-chonged. Cheese otterings steodv, prices un- chonged. Chicogg CHICAGO (AP) Chlcogo Mtrcsntllg Exchangt Butter tteody Friday; wholesale buying prices uncnonged to 1 higher; 93 score AA 1.18; 93 A 1.18; 90 1.15. Chicago CHICAGO (AP)-(USDAi Butter steady, unchonged Friday, score AA 1.2180; 92-scort A 1.2180. fggi barely steady Friday; carton sales delivered to volume buyers 1 lower: A extra large 6561; A lorge 63-65; A modi urns 6043.

Chlcogo CHICAGO (AP) Mldwott egg price report -wholesale buying prices unchanged Friday; Clan l-torge 51; Class 2-lorgg 52; mediums 69; smalls 61; nest-run breaking. s. Nebraska Forecast: Partly cloudy and cold with scattered frost many sections Friday night; mostly sunny and warmer Saturday. Lows In 30s. Highs in 60s.

Extended Forecast: Sunday through Tuesday, warmer with chance of showers Tuesday. Lows 35 to 45 west, mid 40s to low 50s east. Highs near 70 west, mid 60s east Sunday, upper 60s to low 70s Monday, Tuesday. May 16-20, below normal temperatures, near normal precipitation. Succeeding Page ShoronSt 10 5 1 22' 'it Shawin 6 3 5''i Vs Shelter Res 5 49 3i Showboot 1 8 30 Sierrocn .30 12 8 231 't Silco Indus! 7 6 8'- Siamo In .40 8 5 177e Sllvercrest 8 4 4'4 Simkinln .80 5 2 'It Sclilroi Dev 15 SordRrd 40 8 92 iS't- SoiqPa 4 2 II' 3 Soundsin .40 13 13 6 'a SCEdDf 2 21 12 23 SCEdPl 1.06 1 ll1- Soeciollv 5 1 10' Speclor .216 2 1 88 SpedOP 10t 9 2 5SS- Ml Spncr Co .16 5 37 4V- Solenlex .24 9 4 5 SSP Indus! 27 6 4V4 Vi Staff Lodn 12 6 21 Slond Metol 12 94 '4 S'dProd 1.52 5 2 24' StdShrs 4 24'.

SlorqeC .20 8 6 64 Stnwood Co 2 51 3i4- SloiSmk .80 4 I 13' 4 Stardust Inc 200 5 2 Slrjrretl JO 6 9 74 1 Sterling fie 5 1 'e StruWII 18 8 ll'-j SueAnn 7 14 3 Sundnc .169 85 170 It'tt 1 Sun JrSI .36 6 8 6J4 Sup Ind 6 27 134- '4 SuoSurgl .32 6 6 9' SupronE .30 20 6 32' Susaueh CP 5 23 6 Vi Susoueha 10 SulroM wiB 2 11-16 Svnleit 1.10 10 161 33' it SvscoCp .56 8 5 31 '4 'n Svslem Eng 13 30 138 SvslPlon .20 4 1 4'4- Tdb Pdls .20 7 3 13 1 1 TondvBd Id 5 3 8'4 Tanelcs 4 2 74- ItC Inc .40 10 3 7 ie Tetlin Oper 7 5 tech To 15k 13 1 2i Temntrl .24 5 8 5 4.. Tec Svm Co 7 4 2 Teion Rnch 64 16 4ls 's TeleCom .60 3 84 II Teleilen .40 II 10 21: Teiscnce .60 13 15 18s Tcnno Corp 238 2 It TennevE 101 10 2 6's Vg Tensor Corp II 2 7' Terodvne in 10 17 18'b Is TerroC 10b 24 Vi Telro Tech 22 16 124 TexIntAi .16 II 24 1V-4 '1 I Inc 8 I 2it Thorolr Mkl 15 5 3', ''8 Three .20 4 I 4 Thrlftm 1.04 5 7 20 Tidwell Ind 3 1 3 TolEdPt 4'4 J2S 38'i Topps .28 6 5 7 TololPel .32 16 107 20' TololPet wl 31 13 Town 8 Cou 11 4 TrnsOil 8 25 9 TroLux 05h 6 16 51! Triangle .20 7 14 121 TriSIMIr .60 4 2 Tubos DeAr 25 168 36Htl'i TumerCon 2 8 4 28 'I TwnFair .20 5 7 Ve Inc 13 2 UlP CP .24 6 12 3' UNA Cp .20 5 10 4 Unimax Or 5 10 7'8 '4 Ummox plA I 7si 's UnA Pr 7 2 I2'4 Un Foods In 1 3 l'-i Uld Nail Cp 16 4'b UldNoll mis 2 116 U'dPTr 40b 14 18 10'tt '1 UtilPIITr wl 4 I 16 USF-Htet J2 7 23 II 8 US Rodium 1 2'-p Unit BuvS 1 8 7 Uriv Res 32 12 13 15 4 URS CP .340 4 58 It 9Vs 1 "We're living on borrowed time and borrowed money." x-businessr-v Toyota to buy parts TOKYO -Toyota Motor Co, Japan's largest motor vehicle manufacturer, said it is planning to purchase $4 billion In auto parts from overseas in 1979. A Toyota Motor spokesman said the company since the beginning of the year had already signed purchase contracts with seven companies including General Motors Corp. and General Electric Co. of the United States, and it is planning to negotiate with seven other foreign concerns by the end of the New corporations Koopman Enterprises, Hubbard, ijrm commodities, livestock, poultry, $100,000, Henry Koopman, Richard Koopman, Hubbard.

A Land ond Cattle Gordon, farm, ranch business, $500,000, Kenneth L. Schmidt, Amy C. Schmidt, Gordon. Electrical Equipment, South Sioux City, any lawful business, $100,000, William T. Jacobs, Sioux City, John J.

Jacobs, Fremont. Hawaiian Village Homeowners Association, Omaha, protect, maintain, improve real property valuations, general residential conditions In subdivision In Sarpy County, non-profit, Dan Jacobsen, John O'Connor Jack Flckler, Linda Hanson, Tony Hrbek, Mary Lou Thiesen, Omaha. Carpenters L. U. 1672 Building, Hastings, erect, own buildings, non-profit, Robert E.

O'Connor Clarence Cavlezel, Russell Parks, Hastings. J. Fremont, financial Investments, $13,000, Merle H. Fincham Terry L. Fincham, Gerald A.

Matthys, Fremont. Csnestaga Chess King, Lincoln, men's, women's, children's clothing, shoes, lewelry, $10,000, Robert F.GIIhooley, New York. Condelighters Foundation Omaha Chapter, Omaha, solicit, receive gifts, grants, real, personal property, non-profit, James A. Evans, James F. O'Brien, Linda Brown, William Brown, Omaha.

Antique Restoration, Omaha, ony lawful business, $10,000, Thomas R. Burke, Omaha. D. G. Anderson Associates, Omaha, any legal activity, $10,000, Dorothy G.

Anderson, Omaha. Immunology Allergy Practice, Omaha, publish Immunology and Allergy Journal, non-profit, Howard S. Silber, Joseph P. inserra, Omaha. Heiser's Livestock, Lvnch, farming, $50,000, Kenneth Heiser, Lynch.

Great Plains Brokerage, Omaha, sell memberships In Electronic Realty Associates, national residential real estate marketing franchise organization, $10,000, Abel Borg, Sue Borg, Omaha. Franklin Housing, Omaha, charitable, religious, educational, scientific purposes, non-profit, Lawrence E. King Mary Jane Harvey, Casandra Thomas, Omaha. Maurus Elberger, St. Paul, any lawful activity, $260,000, Maurus Eiberger, Delores M.

Elberger, St. Paul. C. T. Plumbing Electric, Omaha, machinery, plants, appliances, accessories, scrap metal, iunk, $10,000, Stephen T.

McGIII, Louise G. Andersen, Omaha. Coordinated Intervention System for Domestic Abuse, Crete, ensure that all persons within prolect area of Seward, York, Fillmore, Butler, Polk, Saline, Saunders, Gate, Thayer and Jefferson counties, who have been victims of domestic abuses, are able to reach, utilize services they might need, nonprofit, Jerry Slominski, Lincoln, Anne Nation, Crete. CNI, Lincoln, designing, manufacturing, constructing, selling, marketing equipment, merchandise, $10,000, John Tavlln, Lincoln. Central Nebraska Gasohol, Omaha, operate facilities for production, storage, transportation, promotion, sale of gasohol, $10,000, Michael W.

Heavey, Omaha. Bridgeport Senior Center, Bridgeport, provide telephone reassurance, recreational events, volunteer visiting, shopping assistance, other sevices for senior citizens In Morrill County, non-profit, Vivian Dagger, Maude Hedln, Gladys Rogers, Clinton Smith, Bridgeport. Beliovue Softball Association, Bellevue, athletic social, charitable purposes, non-profit, Thomas Garvey, Dean J. Jungers, Bellevue. Insurance Center, Sidney, agent, broker for Insurance companies, $100,000, Michael J.

Watson, Sidney. Janten Farms, Henderson, real, personal property, $100,000, Arvid J. Janzen, Henderson. Fireplaces, fireplaces, fireplace equipment, $10,000, Timothy J. McRevnolds, Omaha.

Falcon Enterprises, Omaho, ony lawful business, $10,000, Eugene L. Pleper, Omaha. Modern Kitchens, McCook, any lawful business, $100,000, Robert K. Klttz, Alma. Martinsons, Grand Island, trucking business, $10,000, Gregory Gartner, Rodney T.

Gartner, Grand Island. N-Chem, Betrand, machinery, $10,000, Thomas E. Forneau, Jean M. Hellman, Bertrond. Myers Heating and Air Conditioning, Grand Island, heating, air conditioning, $100,000, Marline M.

Myers, Grand Island. Optimist Club of Holdrgge, Holdrese, develop Optimism as philosophy of life, non-prolt, Bob Guiman, Tom Carlson. Don Let tier, Frank Erlckson, Don Shield, John Anderson, Charles Lien, Hoi-dreae. Osantowskl Horrieowtters Association, Kearney, promote, sustain social welfare for members, nonprofit, homos J.lfotson Henry Osantowskl, Kearneifv 7 1.a 0J Otis Insurance Agency, Omaha, any lawful business, $25,000, Thomas R. Pansino Omaha.

Patent Consultants, Valentine, engineering consulting $10,000, Lowell J. Patent, Valentine. P.H.P., Omaha, any legal activity, $10,000, Kenneth K. Knecht, Dakota City. 4 Ravenna, acquire form properties, other real estate, $10,000, Thomas J.

Wotson, Kearney. Russell Lake, Omaha, onv lawlul business, $10,000, Joseph Polack, Omaha. Slush Fund, Omaha, any lawlul business, $10,000, Eugene L. Pleper, Omaha. SLAB, Omaha, any lawful purpose, $1,000, Mary Cannon Veed, Omaha.

Cambridge Sportman's Club, Cambridge, social, eduatlonal, athletic purposes, non-profit, Dennis D. Mues, James V. Chitwood, Gov L. Trosper, Norman Trosper, Kenneth L. Mues, Cambridge.

Contractor Accounting Services. Lincoln, operate electronic, other computer data processig equipment, $20,000, Keith I. Frederick, Jacqueline R. Whltehill, Omaha. Great Plains Excavating Demolition, Omaha, excavation, $10,000, Richard T.

Van Sant, Omaha. Area-Wide Realty, Omaha, general real estate brokerage of listing, real property, $25,000, Joseph S. Grabow. Omaha. Swanton United Methodist Church, Swanton, promotion Christian religion, non-profit, Richard Jiskra, Kenneth Young, Donald Cerveny.

Leonard Kari, Kenneth Kohlschmldt. Swanton, Roy Herm-smeier, Plymouth. Triple Steel. O'Neill, purchase real estate, business of builders, contractors, $10,000, Francis Musll. O'Neill.

Triple Forms, Grafton, any lawful business, $500,000, Earl V. Ely Norma E. Ely, Michael A. Ely, Grafton. Suhr Farms, Hooper, any lawful business, $100,00, John H.

Suhr, Twila Suhr, Hooper. Slusky ft Hohn, Omaha, practice law, $10,000, Howard Frederick Halm, Omaha. Scott A Kelly, Mitchell, practice law, $10,000, Richard Scott, Philip M. Kelly, Mitchell. Redphil, Omaha, truck, shipping lines, $10,000, David J.

Nielsen, Omaha. Quality Coating, Grand Island, roofing business, $10,000, G. J. Scarborough, Dan Clark, Grand Island, i Gene P. Poling, Omaha, dlstrlbu-.

tlon, delivery of food products! $10,000, Virgil K. Johnson, Oakley Draperies. Grand draperies, carpets, linoleum. $10,000, Caletta M. Oakley, Grand Islandj Nebraska Irrigation, Columbus, machinery, including, not limited to Irrigation equipment, $25,000, Roger Bettenhausen, Columbus.

Mutual of Omaha Money Market Account, Omaha, management Investment company, $1,000,000, J. Paul Erlckson, Kenneth B. Treln-en, Omaha. Montessorl Learning Center of Columbus, Columbus, promote, encourage Intellectual, social, physical development of children through preschool education, nonprofit, Raymond E. Baker, Carol Loewe, Columbus.

Midlands Midget Racing Association, Omaho, promote legal use, eniovment of automobile racing, non-profit, William J. Fast, Harold Gardner, Omaha. McMartln International Sales, Omaha, goods, wares, merchandise, $5,000, Franklyn K. Norris, Omaha. Hoch Funeral Homes, Bassett, undertaking, embalming, directing of funerals.

$100,000, Robert C. Hoch, Marlene Hoch, Bassett. Gardena Transportation, Lincoln, $10,000. own, operate warehouse, storage, cartage, pool car distribution, $10,000, John R. Hon-zei, Lincoln.

Flrwood Associates, Grond Island, provide consulting, management, operational services in field of mental retardation, $10,000, Vincent L. Dowdlng, Grond Island. J. P. 0..

Omaha, dispense alcoholic beverages, feed, operate bar, $50,000, James R. Schumacher, Omaha. BarnabVS Inveitirtents. Omaha, dispose of by sale or otherwise. Investment automobiles In Nebraska, $10,000, Gary R.

Botenhorst, Omaha. Blue Ribbon Pork, Columbus, plas, hogs, swine, $50,000. James A. Fehrlngor, Columbus. Accounting Data Systems, Omaha, ony lawful business, $10,000, etjsjctte udlocek, Omaha.

Ag Fertilizer, Brodv. any lawful business, $10,000, Gory Fottlo, North Platte. Puter YU Designs, Omaha, in-vest In real estate, stocks, bonds, ony lawful business, 110.500, Peter Yu, Omaha. ACA, Omaha, importing, exporting, $10,000, George U. Aludogbu.

Omaha. Sandbar Ranch, Oxford, any low fTrTTf) I'. i i mm Lincoln Lincoln-Eastern Nebraska: Mostly clear with scattered frost Friday night; mostly sunny and warmer Saturday. Low in mid 30s. High in mid 60s.

Barometer Reading: 30.11s, noon Friday. Wind Velocity. 13 mph from northwest, noon Friday. Relative Humidity: 56, noon Friday. Sunset Friday: 8:33 p.m.

Sunrise Saturday Precipitation: month to date 2.91 inches, normal to date l.Oo Inch. Year to date 12.36 Inches, normal to date 7.06 inch. Growing Season: (April 1 to Oct. 30) to date 5.84 inches, normal to date 3 65 Inches. Thursday's High 46, Low 35 Temperature Year Ago: High 75, Low 55 Record High: 92.

1962; Low 29, 1946. Degree Days: 21 (Average temperature below 65 accumulated 24 hours to midnight) Temperatures Dim Ml ON At. WIA1MH? 'jt-Vi N06A D' p' 1 1 a.m.... 2 a.m.... a.m....

4 j.m.... 5 a 6 a.m.... ..43 .41 ..40 ..40 ..37 ..35 7 a 35 I a 39 9 a 42 10 cm 46 II a 4e noon 51 High, Friday Morning Low Omaha 43 37 Scottsbluff 46 31 Sidnev 38 28 Valentine 38 24 U.S. governments New York (UPD Aug 16 Closing U.S. Trees- aub 21 urv Bills lor Thurs- Aug 23 dov Aug 30 Maturity Bid Ask Sep 6 Discount Sep 13 Mov 10 79 10.00 9.40 Sep 18 9 75 9 55 9 75 9 55 9 75 9.55 9 75 9.55 9.75 9 55 9 75 9 55 9.75 9.55 9 70 9 50 9 75 9 55 9 75 9 55 9.75 9.55 9.65 9.40 9 75 9.55 9 70 9 50 9.70 9.50 9.62 9.58 970 9.50 9 60 9.40 9 60 9.40 9 60 9 40 9 55 9.35 950 9.30 9.41 9.37 May 17 May 24 May 29 9.90 9.40 Sep 20 990 9.40 Sep 27 9 85 9.00 Oct 4 9 85 9.40 Ocl 11 75 9,30 Oct 16 75 9 30 Oct 18 May 31 Jun 7 Jun 14 Jun 21 Jun 26 Jun 28 Jlv Jlv 12 Jly Jlv 24 Jly 26 Aug 2 Aug 9 9 75 9 45 Ocl 25 9 75 9.30 Nov 1 9.75 9.30 NOV 9 75 9.45 Nov 9 70 9,50 Oec 9.75 9.55 Jon 9 75 9.55 f-eb 9.75 9 55 Mor 8 13 II 880 5 4 9.75 9.55 Apr 1 9.64 9.60 Apr 29 NEW YORK (UPI) LOSING U.S.

Treasury Noles for Thursday. Prices in dullors and 32nds. Bid Ask CtIO Yld 9.40 10.02 9.90 9.92 9.91 10.02 10.04 10.03 10.29 9.90 10.13 1012 10.05 10.17 10.17 10.18 10.14 10.14 10.14 10.14 10.07 10.01 90S 9.87 980 95 9.97 93 986 9.89 7'bs 1979 Mov 99.31 100.00 6'bs 1T Mov 99.24 99,25 6 bs 1979 Jun 99.12 99.14 7'4S 1979 Jun 99.19 99.21 6'4S 1979 Jlv 99 03 99.05 6'4S 1979 Au9 98.30 99.00 6'BS 1979 Aug 99.0 99.05 6isl979 Aug 98.29 98.31 645 1979 Sep 98.19 98 21 1979 Sep 99.10 99.14 74S 1979 Oct 98 20 98.22 4 4S 1979 Nov 98 01 98 03 685 1979 Nov 96.04 98.10 7s 1979 Nov 98.12 98.16 7'M 1979 Nov 98.10 98.14 7'bs 1979 Dec 98.01 98.05 7'isl979 Dec 98.08 98.12 7'isl9S0 Jan 98.02 98.06 41 is 1980 Feb 97.08 97.12 7ss1480 Feb 97.30 98.02 7' 1980 Mor 97 23 97.27 Apr 97 25 97.29 6'ssl980 Mov 97.02 97.06.... 8s 1980 May 9801 98.05 7'8Sl980 Jun 97 18 97.22 8'4Sl980 Jun 98.02 98.06.... 8' is 1980 Jlv 98.06 98.10 6 I960 Aug 96.06 96.10 9s 1980 Aug 98.27 98.31 8is 1980 Aug 97.39 98.02-.0l 6'1SI960 Sep 96.01 96.05 8XS 1980 Sep 98.05 98.09 8'isl980 Oct 98.15 98.19....

Nov 96.00 96.04 9'4St980 Nov 99.01 99.03.... 989 996 9.92 9.94 988 5 8S1V80 Dec 94.19 94.23'. 01 9.43 9'MI980 Dec 99 27 99.31-.01 9 86 IWIlll Jan 99.19 99,23 7s 1981 Feb 95.12 95.16 7HS1961 Feb 95.28 96.00 9Jsl98l Feb 99.20 ,24 89 182 88 .87 83 9.87 9.65 9.82 .82 6'Ml981 Mar 94.29 95.01 4.01 9HSI981 Mar 99.14 9918 91M1961 Apr 99 25 .01 74SS 1911 MOV 95.16 95.20 7IJSI98I MOV 95.23 95.27 H.S198T Jun 94.06 94 10- 01 9 73 7HS198I Aug 95.17 95.31 f.H 8sl981 Aug 97.07 97.ii.03 9 65 61.5 1981 Sea 93.08 93.22-12 9.73 75 1981 Nov 93.28 94.W 9 74 7J.S1981 Nov 95,17 95.21 9 70 71 45 1981 Dec 84.09 94.13 9 69 NEW YORK (UPI) Closing Over-the-Counler US. Government Treasury Bonds Thursday. Prices auoted in dollars and stum.

118 Ask Chg 9524 96.00 93.04 93.12.... 94.01 94 16 9214 9222 8211 82.28... 8904 19 78 21 79.12 61.08 81.24.... 65 08 65.24 7904 7928.... 93.22 93.304.

.04 4s I960 3' is I960 Feb Nov Aug Feb Jun Aug May May Nov Feb May 7s I9l 6 US 198? 3'at 7863 6 In 1984 3 .8 1985 4's 7585 III 1986 3' JS 1990 8'4S I960 4VS 1792 71 1992 4s 1988-93 4iS 1993 7's 1991 Aug Aug Feb 79.lt 80 00 04 656 8503 fj. 10 .03 9.19 71.06 60 01 08 631 Feb Feb Aug Aug Feb MOV Feb 11.24 82.24 88.26 89 02.... 85.24 66.24 94.09 94.13 97.07 97.ll-.01 7900 80.00.... 695 9.11 9.33 7'JS931 8s 1993 9s 1994 4 is 89-94 3S 1995 9.34 6.23 79.00 90 00 .08 4.65 7s 1998-93 May 87.74 81.24 9.77 I1 1991 Nov 79.04 79.20 .04 5.19 99-94 7ts2000 8s2000 6s 200) Ss20O5 74 2007 7'w2007 8n30UI 8as20U May Feb Aug Aug May Feb 93.00 93 08-02 9.24 67.10 67.I4-.01 914 1.20 91.24.01 9.27 68 10 68 14. 82 8 24 014 90.16 .01 9 22 84.11 84.19- 03 817 86.12 66 28 896.

91 14 91.16 95.01 K.05.... Thursday I p.m 45 3 p.m 43 9 p.m 44 4 p.m 45 io p.m 44 5 46 11 p.m 43 6 p.m 46 Frldov 7 p.m 45 12 a 43 Outstate Nebraska Western Nebraska: Partly cloudy and not as cold Friday night; mostly sunny ond warmer Saturday. Lows in mid to upper 30s. Highs in mid to upper 60s. Saturday Forecasts High, Low Grand 63 33 North Plane 68 30 Scottsbluff 67 37 McCook 67 37 Omaha 64 34 Sidney 68 38 Temperatures: Thursday Alliance 42 25 Beatrice 49 33 Chodron 39 27 Grond Island.

...45 30 Kearney 45 30 McCook Mullen Norfolk NormPlottt 47 29 39 27 41 32 41 26 National Forecasts Saturday Iowa: Cloudyrain, warmer Kansas: Cloudy, mild Missouri: Cloudy, mild Colorado: Cloudy, wormer South Dakota: Cloudy, warmer Wyoming: Sunny, warmer Minnegasco net rises to $4.07 Mmnesota Gas Co. (Minnegasco) had earnings of $16.1 million, or H07 a share, on operating revenue of million for its fiscal year which ended March 31. This compares with earnings of $12 million, or $3.03 a share, on operating revenue of $286.2 million the previous fiscal year. John W. Fleer, senior vice president, said record first quarter 1979 cold weather 15 to 19 percent colder than normal was the main reason for record earnings the past fiscal year.

The Minneapolis-based utility is the natural gas supplier to much of eastern Nebraska, including Lii Dividends By United Press International Period Ami Pay Record INCRSASED Appalachian Ntl .04 61 5-1 61 66 5-25 531 5-22 7-11 s-i; Broniff Intl Comco Inc Clevetrust Corp Genstar Ltd Longs Drug St Rooawav Express Transtech Corp .11 7-2 76 .60 611 .30 626 .19 619 6-1 6-1 ML Las Vegas, Sunny 88 58 Little Rock, Cloudy 73 50 LosAngeles, Fair 77 59 Miami Beach, Cloudy 86 79 Moll St Paul, Cloudy 58 42 New Orleans. Roln 79 64 New York, Roln 72 60 Oklahoma City, Cloudy 72 50 Phoenix, Sunny 93 60 Portland. Cloudy 63 54 Portland, Org, Sunny 75 45 Rapid City, Cloudy 66 40 Salt Loke City, Sunny 69 42 Son Antonio, Cloudy 78 58 San Olego, Folr 73 59 San Francisco, Sunny 72 52 Seattle. Sunny 68 48 Tucson. Sunny 88 54 Washington, Rain 87 65 Wichita, Sunny 64 41 Albuquerque.

Folr Amarllio. Fair Anchorage, Ashevllle, Cloudy Billings. Rom Bismarck. Cloudy Boston, Rain Brownsville. Cloudy BuHolo.

Pain Casper, Sunny Cheyenne, Sunny Chicago, Pain Cltvelond. Roln Dal Ft. Worth. Denver, Cloudy Des Moines, Detroit, Rain Fargo. Cloudy Honolulu, Cloudy Kansas City, 40-80 Celsius I 1 I 1 I r.iiniiiitii,, ...72 40 ...72 40 ...51 41 ...78 60 ...60 33 58 10 ..68 55 ..83 66 78 59 54 31 ...52 34 ..55 44 ..74 50 ..78 50 ..42 38 ..61 44 ..71 44 ..50 32 ..86 71 .60 40 JO 40 1,1.1.

LM WI, I Wit lull, I 1 i 1 I 1 i 60 60-100 110.

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