Skip to main content
The largest online newspaper archive
A Publisher Extra® Newspaper

Lincoln Journal Star from Lincoln, Nebraska • Page 18

Location:
Lincoln, Nebraska
Issue Date:
Page:
18
Extracted Article Text (OCR)

UWCOIJI lOUfINAl. Wii? A H30l Heavy SeUing Drops Stocks; TVs Weakest New York StocktlHoss Advance now snKm I m. ThariMlay Wednesday nales I.MW lit. 36 76 NEW YORK. Heavy fiell- Ing battered the stock market late Thumday.

Closing were at or only a trifle above the lows for the seaslon. Turnover again pa.ssed the mark. Radio-televlsion issues were the w'eakest. dropping an extreme of more than 5 point.s. Toward the close pressure spread to other major notably and air- erahs.

in these lost to around a point. 11 Ov.r Count.r giioUtton. in May 4. N. Trraaary Hid lofl inn IB 100 6 31 ...............100 31 ...............102 24 ...............102 101.1 102 2 .................101 25 ................101 17 ................102 31 ................104 23 4 ................104 31 .................103 30 10 ...101 22 101 21 .................113 12 .................103 24 .................103 5 .................102 24 102 .................102 13 102.12 .................101 31 .................105 5 101.21 V.

N. V. S. Tnmmry lnd.l»t.dn.M 1 50 1 12 July 1 50 1 14 ll.pt. IS 50.........................

1 12 1W Oct. 1 50 1 51 1 1 61 1 24 1 51 1 24 1 51 1 25 iNtormtional Rank. 103 17 from all taxation cxr.pt Uuea, MtaU and 9 IH 3 3 2 Mar, 2 Jun. 2)x Jun. 2 2 IS Mar 2S IS Mar.

2S Mar, 2S Mar. 2S INiPt. 2S itopt, as 2S 2S Dtr. as 2S 2S 2S 1 2S Mar. 3S Mar as 2S as 52-50 52 50 53 55 .51 54 52 5.5 r.2 .54 .56 r.

55 Mi bS-56 62 67 62 69-64 70 65 71-66 72-67 100 13 100 31 100 i 103.1 101 102 102 3 101.3 102 4 101 10 101 27 101 1 103 3 26 104 26 too I 105 7 105.1 104 109 19 in 13 101.24 101.23 113 15 103 103 7 102 26 102 20 102 15 102.14 101 23 105 7 lUl 23 IS IS July IS July IS Oct. 1.06 1.10 1 OS 1 16 1 17 I 31 I 31 1 33 a 73 In vestment Funds NEW TOKK (API. cInM 7 36 4.50 5 34 7 4 85 Rtd Aaktd 8r L. Pb 7 09 Prfxk 73 Hr In cm 4.39 8r Stock 4.89 Sr Indak 7 37 8r L. Pak 4 44 8 95 New Tork RIocka.

1 77 7,22 7 91 Aviation 8 56 9 40 Rid Sup 54 10 45 rh'mcl 13 29 14 El Kqp 12 14 01 rrhd 11 20 12 27 Metala 97 9 83 Olla 17 46 19 13 Rxllroad 5 78 RR Kqp 6 35 6 8 86 9 71 15 49 16 90 P'tnm 16 16 17.40 5.30 5 79 St St In 50 59.00 Bid An In 4 4.72 Am RR 3.9« 4 39 Boat Fd 31 85 23 62 Brd at 17.71 15 Omt eti 36 89 39 Chm Fd 16 80 18.16 Tr 7 76 Sh 1 61 EAHRF 38 11 30 05 Fd 17 Group RR 3.Ml 4 Steel 5 ,54 6 08 Inc Inv 24 56 26 54 Keyatona Fund; B3 IT 44 19 03 B4 10 11 11.04 Kt 16 22 17 70 82 84 Mnh Bnd 7 40 8 tl as Inv 29 36 31 74 Mut Inv 15.33 16 95 National Seciirttiea: Sr Bond 67 7.51 UBFd A 21 UBKd 18 45 UBFd 6 47 Nn In 10 42 11.33 Wall Kd IS 20.14 3i AllceliMr ih Alila 4 luMmera Am Ain Rrnke Am 4 Am 4 a i Am a 1.1 lAm 8 aieel Am omell Kef Am aieel Fdry Tel A Tel Am Totraero 4 Arnwur 8lrh a RaMwtn Ramadan (Ml Rat Iran Worfca MealGre Rralrire Ffimdx pfd Aviation Rethlehem RInw Alrrraft Rorden i Rneyrua P.rle Rudd Add ninmel 4 nnndn nnndinn i 1 I aiefiiillnr (en! A RW tll ebvtex erro fie eGnIn Teed t'kesnprnke A Ghia I Menan a lAt pfdf hryaler (Inn (ina 4 i Af.MylMlm Fnel Imn I Rnuid A a redM 4 ommerelal i nninHMiweallIi F.dl««n 4 nnMdld Kdlaon 4 onaolldnted loallnentol I 4MI nra C'udkky FnbUalilnf f'nrtIaa-WrIalit A DayUm Ileere llonaiaa AIrcmft llnFimt Faale Fleher F.n«lem Airllne l.nalniMl Kadak KtMtIc Nnt Co RAF trevloiM Fnielinuf Trailer (iair iRabl.l General Klee General General Fnb I III Glllete Glidden GvHMiyear Gt RR pfd Grrat Weai l4uBar Greybound Homeatafce Mining Hwdaon III Cenimi Irra latenuUiiNuil InteraaUnnnl Nlekel iwnratiaani Tel Penney i Johnx-Mnn ville Jnnea Idughlln Mieel HenneroUt Kreage Kroger lairlede Gna l.t iehigh Coni A Nev iehnuxn IJhhey Owen Ford IJkhy Mr.Arll i3hby Ixxkheed AIrrrait Mngnnvox Maralmll Glen (orp 3.1'/k i it'A ..37 1 (WV. 93 Ml 8a 984, 'a I9'4 4 II'A IS'Y 4 ri'a 1 33'Y 84 4 I6'Y 4 ..44 4 1974 4- 1 4 4474 4- 8, I'a 1 4 178, 4 25c to 75c; Cattle Steady OMAHA. Hogs advanced another 25 to 75 on the Omaha livestock market Thursday. A few sales of heavies, however, were only steady. Cattle little change.

A light run of lambs and cleared readily at steady May 2 July 218 Kept. 217S Mar. 4 Grain Futures 4 HU AGO. Mlgh l3Vw Pv.n 230 216S 317 May July Sept nata i May" July Sept. Dec.

Rye' May luiy I46S 146S lit 131U Tiolk 217S 315V 316 219S 317', 318 219 318 219 144 14.5'* 142 112 134 114 Ago 2 'Jo lifs" Glassford Likes Oklahoma Again In Big 7 Fobtball Vour Problems OMAHA. and alita unevenly 25 tn 75 higher, max imiim on wnghia under anwa 25 to up. good and 180370 harrnwa and 25 it oo; 270 300 Iha 117.90» 300-300 lha 1 17 SO; and aowa up to 600 Iba. 114 50 'tfl 6 50; vrl3 00 nniei rloaed to 25 lower on good and Meadjr. and tn light aupply fully ateadv.

medium to erage good fed alaera 925 0O'it28 25; few loada high gorM ateera 128 7.5<u 29 25, medium and good helfera and 50 50 good f3nno 0 21 00, ftw UP to 122 00; common and medium eowa -i 19 50; cannera and 115 75-d 17.50 MieeR! 600 Active, f'llly ateady. two loada good and choira 93 98 iba fed altorn lamba No. 1 and 2 79. load 109 Ih No a 925 .50, package choice nativa apGng 9M7S. food and choice woole-t ewea 00 J13 00.

top awea 112 83 (S'! 71 7.5% 8.3* 77', 78', 71 73', Tr. 7.5 74 74 66 60-. 60 61 139 142 1 1.39', 14.1 Ito MON, M2 142 M3 144 145 -4 M9 127 138 May July JIM, Nov 327 Jan. 326 311 F27 221 275 327 323 323 227', 216 201 Private Report Cuts Wheat Estimate GraiiiN, Soys Nervous; Oats, Weaker SI Commodity Index a RrtkdalieeCa dally prGw Indes of 39 cmmnodltiM, (1939-M average lOfli: Wedaweday Turxday 357.15 Week agn 955.4« lllxh (Slay (Jan. 131 19.10 high.

Montb ogn Vrar agn 951.91 948.90 .958.97 .944.91 Savannah Naval Stores SAVANNAH. (AID 40; offartnga and rarelptc, 297; ahtpmenla, atocka, Roaln: Offartnga and aolM, riE calpta, 152; shipniniita. atocka, 35.150. Quou: Uneliaitgad. percent protein OMAHA.

Whrat Bran 963: brown Miorta 966 gray ehorta $67 (ki IJnaced meal! 32-34 percent protein pelleta 82 25 more nual; 41 pcllfta $2.25 more lliuiilny trcU: Oarluix tun 50 I'redlng laiik'igr; do twrcenl I1I7, meat acr'ipe .50 percent 117, apcciai pune Huybcan percent protatn 65088 pelleta 92.35 more Rattermtik: Dry, 100 pound $10.50 eoDdenaed barrel lota $4.10 cwt. Oota feed! steam rolled oata puE vertaed. unhullad 88 Alfalfa meaUi Sun cured IS percent protein IS9 per ton; dehydrated, 17 per- eeat prototn 957098 per ton. Kdvlaotor pruiein protein New Corporations Otoe Oooerete Prodneta A Material oom- bony, Mebroaka City, incorporated at ilOO.mo. ctotu and V.

CT Oleen. W. 8. orisc Urban Market Aid Plan Is Proposed WASHINGTON. (UP).

The house farm bloc came up Wednesday with a federal aid program for urban markets which they laid will save city dwellers millions on food bills. The program was drafted by the house agriculture committee in a bill to authorize $150,000,000 in 40-yeur mortgage insurance and direct sclf-iiquidating loans for building modern wholesale markets. Chairman Harold D. Cooley N.C.) said the plan is needed to cut down handling costs of farm products and to get around selfish interests" w'hich, he said, have tried to block attempts to clean up or move local markets NoaA --------------------Not Uaah Not Dairy Nat Nat GypaiMi Nrwmeat MMRoa Am Am Nartb Facltle Gbm Oil vibver erp vwvna 111 Can Am I'orauiuiint I'Icl I'm It Frpal Fhripe Dodge FbRMp Merrls FblUtpe Fetrel Praceea Steel Fraetcr A FnMI aere tale FOlbMMB Ftare OU Cera Amer Radio Reltb Oridi Remine Ion Rond Repiil'Hr Kcxoli Drug Tohbawi eld GH Va' way Hitver Khig MlnMnom Hlndolr KkeMy OH Hoetbere Hmi Kperry Mtond Rroade Htand Oil Ind Htond (Ml Htond Nprtag Htowaat Wofoer Htokely Voa aanrOF OH Rertrt Texoa Co. Tidewater OR TtnMuio-Oet Aale TlmAM RoU Trane A Twenty lent Fex I nine Rea A Feper I Ion nrblde nion new 1 nlted Alrrraft I nlted AlrMoe i nlled Corp lelled Frail Gypanm lad Cbemlral 1 Jnea A Fdnr Rebber Steel Do pfd Vnatndium Norman Mr Coral Chm pfd Walgreen Walworth Warner Hroa I nIon Tel A Weatlnglwiuae Atr Hrk Weatlnghoiiae Wheeling Steel WUaun W'lMtworth Worthington Fump Sheet A Wire Zenith Radio 7'a 94 4 92'-Y tO'4.

74 I6-V, 468, 1 1 4 9.2« 98, la 94 4- 9 I7'a 4 4 4 4- 4-Vk 998-, 14 81'x 4- 61 4-l'4 588a 4- Va I'A, 4- iv. 58 20 Vk V. 8k 14 34-n, 21 8a 5J4, 4- Va 4 Va Va 17 lu'a RKU ITT. CaWei Salable 3 400. 10 end very uneven ateady 35c with many under or lower alow, moat- ly aiaady to weak, and feed, hanged iwatiered go-'d fed ateera loed round 1 050 lb 40; 3 round 1 290 lb high good to choice 129 25, medium largely 124 50 2 00 altered medium to gotol helfera 0ti latter around Too Ih.

good mixed fa2 OU, and medium cowa alaea largaly 00; to 121 21 50. helnery 122 .50 23 00; cannera and cultera 915 00.. 18 (Hi, load Iota good around 575 lb ateera 00 I 28 00; comparaWa replacement hatfera, ooej 26 Hflgat 5 fairly active; htitfhera 25c to 50c higher good and chotee 190 330 lb. barrowa and 19 00, moatly UO; 210 to lha. 2.5-118 75; 270 to 2110 lha -118 2.5.

to .120 90. 330 to SMI Iba fia.astr 17 00; good end choice 1.1« to 160 Iba -I 75 on feeder and aerum account; Common and medium 'i 00; arrwa 2.V bighar; 300 to 5.50 lha. laraely 16 50; aoma big 25 CHICAGO. i Grains and fluctuated nervously Thursday Soybeans started strong, then dlpjied sharply. Wheat moved up and then down with soybeans, but later turned i firm again.

Corn and oats were weak most of the se.sslon. Wheat closed higher to lower than the previous linish, May $2 30, corn was down to 2'SiC, May oats jc lower, May fii'82Sc, rve was off to 2 2 C. I May 38. Soybeans were unchanged to 2 4 lower, Mav and yard was I down 12c to 28c a hundred pound.8, May Bill Glassford, University of Nebraska football coach, Thursday picked Oklihoma to win the Big Seven football crown igain next fall After the will come Missouri and State, he predicted, followed by struggle for the other positions OLA.SSFORD'S predictions were carried in a summary of the 1950 football in the alumni club bulletin. One of his biggest problems, Glassford a substitute quarterback for Fran Nagle.

He also lamented the lack of size among the backs. Glassford said the ends lack experience and depth, but guards and tackle positions are well fortified. 9 Alliance Is Facing Special Election Neb. (iPi. A special election to fill two vacancies on the Alliance board of education appears neces.sary here.

The four members of the board still in office could not reach an agreement in balloting for new members during their regular May meeting. Four ballots ended in a two-two lie. The two vacancies exist as the re.xult of a row over the reelection of the high school principals Two of the members, Mrs. F.da S. Hempel and Melvin Dahl, resigned.

Names of six local men have been submitted as candidates. IJM Ol-V. WlM-at: No 1 12 11 I orii! No. 2 yell-iw, 28, No 2 white orn: 2 yellow, 40 1 white, so. Rarley; No.

3, $1 12. II 2 10 Ibe Cwt No. 2, Milo; (Ml 7()c. GM Hhrat: No. I dark hard No, 2 No.

2 hard No. 3 2 29. aampla No. 2 norihcrn 30. Hit Mhrat; No 3 red torn: No.

2 mixed No 2 yellow No 3. 4 8 No. 4, No. 5, It Gata: No. 1 mixed 85 No.

1 heavy white No. 2 heavy red Rartey; Nominal; malting St 25tj55; feed Il.fHDil.5 Roy None. By Mary Cordon. Mary Gordon: My trou- Is snakes, not Imaginary kind but real ones. Is evidently en old well on our place which never been properly filled In, I think, and that is where they live as there are a spot and in the summer time I meet up with several end they are usually near thii place and disappear before one can see where they go.

They are harmless, I hope, but they make me jittery about going among my flowers ax this place is in one of my larger flower beds. Now my problem Is, how to get rid of them. I could not kill one myself but thought I could put something down the holes and get rid of them. Do you or any of the readers know what I can do? Thank you for a most inter- column, 1 Snake Charmer. The farm editm- snd the entomology department of the University of Nebrasks Agree that the are The farm editor aays go after them with a hoe, er better yet let them alone since they eat harmful Insects and are food for the garden.

The representative at the Agricultural college sympath- with you, admitting that snakes are disagreeable He suggests that the old welt be filled up since an abandoned well any place dangerous. Usually there Is no effective way to dispose of snakes, he says, except by some meehan- leal means, such as a hoe. Of course they could be gassed M'ith cynanide gas which would require a lot of gas and an experience operator. The well should not be poisoned. he warns, because of possible seepage and the fact that some day the water might again be used.

He suggesto that you notify CHICAGO. (UP). The 1950 winter wheat crop was estimated Wednesday at 668,341,000 100,000,000 bushels under the government's April 1 a statistician for the E. Bennett and company brokerage firm. The private report, compiled by C.

M. Galvin, forecast the smallest crop since 1943, when it was 537,476,000 bu.shels. Heavy losses were reported in Texas. Oklahoma, Kansas, rado and New Mexico from drouth and infestation by green bugs and red spiders. Approximately 11,023,000 acres will not be harvested, the report said.

Acreage for harvest wrs es- I ti mated at 41,924,000 as compared with 55.453.000 last year. I The Galvin estimate was far below last bu.shcl crop and also under the April 1 e.slimate of 763,.500,000 bushels and the ten- iyear average (1939-48) of 798,1821.000 bushels. the city health department or the police department of the Bell, since there been a campaign to do away with abandoned mells. OK Omaha Gas Finance Plan Dear Mary Gordon: I am wondering if vou would send me a list of toasts suitable for mother and daughter banquets. We have no local library and are in need of material soon.

Thank you. Neb. A. If you will write to the State Library commision, State Capitol. Lincoln, you will be sent material.

'This la available to anyone In the WASHINGTON. Securities and exchange commission has approved new financing of the Northern Natural Gas company of Omaha. The company plans to 304,500 shares of $10 par common stock to its stockholders and $40.000,000 worth of serial debentures to be offered at competitive bidding. Proceeds have been earmarked to pay outstanding obligations and finance new construction. BETTER? WHY? more tea and finer quality tea in SALADA TEA-BAGS KA.NHAS 4TTV.

ac-'lva 5Oj4 60c higher Hegat fhan Wadnrmlay'i ISO to 250 1 35-1 18 60, few 230 welghta 2.50 ih .50 to higher at 50 ii 16 90 a 75. Htxga 111 50 and down Nheep; atow. No goo.1 and cholce aprtog No lamha aarly. of and ateady. Medium 50.

Odd good-eholea ahorn 500; on meager lata waak generally to atrong. fullv Ioada high good 1 250 Ih Odo bought to ai 50. good 1.050 $28 5(1. pari load top good 850 mlxrd vrarltnga 00 Frw rommon and medium herf cowa cDwii hFRfI up tn and $14 17 5(1. Bulla 50 down Vrdlum and good vralrra Odd hrad good-choice veala 00 -i 10 00 47'-a S'd, ivi I 8-.

S45k 4. 6'x -F -t- IK'a 3 ,.114 1284, 4681, 71Mi 17M, IVk S3 19 sass 4.. 99Vi 9ITe 99' r.GG FI TI rfh "(Thursday Market 4 8apt, Oct. Nov. nisiwfgnj Oiwn Ix)w CloarTv 01 159 37 95 37 95 :t7.65 17.70 37 05 ,17,00 37 90 37 60 37 60 37 95 6 37.00 36 85 36 85 37.10 Kgga: 25c a 50 a caaa Pimltryi Heavy hrna ovrr 4 16 tight hena 12c; leghorn hrna 1-c; hom 12c; frvrra 29r l.rghorn apringa ('rrnm: No 1 churning crram 56c.

No 2 churning crram 5.1c; awrrt crram Baalc prlrr 3 8 prrirnt hiittrr- fat trat. rrfroaotivr, grada A .0 cwi grada C. 97. (Tiurnlng crram: Country atatlon dlre. ahlpprra track baala 59 61c: grade cream at leaat 3c leaa ii prica for milk trattng 8 percent buttrrfat; rrtmactlve claaa 1, 95 cwt; claaa 2.

13 95 cwt; claaa 3, $3 20 cwt. Current 44 lha. net $7 25-f 7 50 caar deducted, caara returned. 28c doirn grade A. ctdored and over 15-1 poultry discounted, It 2'c, light hena anil I.e.

noma 1.1c; premium for hr-vv It 02 --ure ouiirtera, 11b carton aciirr HK 4 I-Oc poMltr, trucks Market ateadv I White Hock 3.V, white ate 4- 3Xe .99 ..199 -F .40 ,.49 .142 4,. s'-e 4, Vi 4 heeae: 0 32c ti 3.5c; longhorna 34 35c; pmceaaed loaf 35c; Swlaa grade A 55c, Batter: 71S.980 Market ateady. 93 a pound, 92 acore 90 acorg S7c; 10 acore Carlota: 90 89 acora 57c. (browM and whttea); 17.898 Market waak. Kxtroa 70 percent A and a 60 to 69 9 percent A 311 32c; atandarda 29tf30; current rg- cetpta dlrtiea 37c; chacka 27c.

HAV QUOTATiOKS Altolfai No. 1, a'andard grade ISOeai; No. 9. No. 3.

sample grade I'ntaiid prairie: No. 1. No. 9. No.

3, grade. D13. A. Ark Nat Gaa Ollea Service Kleetrte Bond A Share. Kotaer Fraoer lludami NItea Bement Food Raytheon Corp Wright HnrgravM It SO'-i IHA, It NF.W’ YORK Alamlnam Co CUBB.

CIOM duUMD S4H 1 "GOOD INCOME LESS RISK it I wanted for my $2,000 I my money Into iBveatmeni Company shares becauae I learned I ctmld fet or miure on shares that represented teide variety of good securities. You ran leant more about Investment Companiee by reeding Modmrn Way to Free Booklet may show yon the way to better Income on your Invented Write er phone for your copy today. INTEBTMKNT DEPARTMENT First Trust Company lineolB. to Contractors Sealed bid.s for the construction of approximately 1125 feet of clay pipe sanitary sewer in Elmwood Addition, a subdivision in the SEU Section 27. T.

10 R. 6 of the 6th P. M. Lancaster County, Nebraska, will be received by the Trustees of Sani- tarv District No. One of Lancaster County, Nebraska at their office, 1020 Federal Securities Building.

Lincoln 8, Nebraska until 10:00 A. M. Central Standard Time, on the 19th day of May 1950, at which time they will be publicly opened and read. Bidders are invited to be present. Plans and specifications may be secured from the Secretary at the office of the Trustees.

Proposals must be made upon the furnished by the Secretary of the District and must I accompanied by a certified check for of the amount of the contract, payable to the District as surety that the bidder will enter into contract within ten after award. Estimated quantitiei are as follows: 1125 Itnea! feet of 8" Sanitary Sewer 46 vertical feet manholes 4 manhole and covers The Board of Trustees reserves the right to reject any or all bids, or waive defects or informalities therein. Dated April 21, 1950. (Signed) RODGER BERGQUIST Secretary, Board of Trustees Sanitary District No. One of Lancaster County, Nebraska.

NO HARD RUBBING! NO RINSING! NO WIPING DRY! JUST ONCE OVER and dirts gonei job donei i WRING OUT ClOTH-just damp not solution of oew SPIC gad SPAN. THEN JUST WIPE dirt no hard rubbing! Once and dirt vanishes. DIRTS DONil No rinsing no wiping dry no streaks as with soap! Ill, No soap can match this marvelous new special Keeps house so bright and fresh, it looks newly decorated. Cuts your day- day-out cleaning time and work in half! I This 1 not only the fastest, easiest cleaning ever! but tt is also the most beatitiful cleaning that money can buy. the sensational new, special cleaner! SPIC aixl SPAN.

A good faster than soap and easier to use! Just once over and din-grimed woodwork, window siUs, floors, painted walls, Venetian washable bright as new. No hard rubbing no messy rinsing wiping dry. Also note: oew SPIC and SPAN is mild for hantb as a beauty soap! Safer for paint, too. New SPIC and SPAN contains a marvelous din-dissolver that no soap, or old- type cleaner has. They fall far shon of new SPIC and SPAN results.

So, get oew SPIC aad SPAN toiiay! 1950. lha PRxm GuDbk Contms.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

Publisher Extra® Newspapers

  • Exclusive licensed content from premium publishers like the Lincoln Journal Star
  • Archives through last month
  • Continually updated

About Lincoln Journal Star Archive

Pages Available:
1,770,790
Years Available:
1881-2024