Omaha World-Herald from Omaha, Nebraska • 7

OMAHA WORLD HERALD MAIN Building: Online auction expected Continuedfrom Page 6 The federal government built the 120000 square foot struc ture in 1933 as part of New Deal federal programs aimed at re lieving the economic problems caused by the Great Depres sion Puschendorf said Various federal government agencies have used the office building including the Depart ments of Transportation Agri culture and Labor said Laura McGinnis project manager with real property dis posal division in Kansas City Mo Most recently it was used by the Army Corps of Engi neers The corps was the primary tenant when the GSA declared the building excess property in September 2005 but the GSA delayed the sale until corps em ployees relocated to the Zorin sky ederal Building at 1616 Capitol Ave The Zorinsky res toration originally was slated to be complete in January 2004 but the project ran about four years longer than expected The first tenants moved in in Janu ary 2008 and the corps finally moved out of 106 15th St that spring and summer The building on 15th Street has been vacant since about Au gust McGinnis said She said the GSA anticipates starting the online auction in the next 30 to 45 days The online auction allows bid ders using screen names to place bids on the GSA Web site The GSA determines a date The high bidder at that time is the bidder whom others challenge If a higher bidder then that new higher bidder becomes the bid to beat the next day In order for the sale to end the high bidder has to survive Without a chal lenge The new owner could rehabil itate the building into new of fices apartments condos or would be viable eco nomically and work within the confines of the architectural significance of the Puschendorf said As part of its review the Ne braska State Historical Society had determined that if federal ownership of the building ceased certain restrictions should be placed on the build new private owner in order to preserve its significance The society determined that could be done in three ways: The building should be con sidered as a locally designated landmark under city ordinance Such designation would require any changes to the exterior to be reviewed by the local govern ment Puschendorf said the property currently is going through that process The building should be for mally listed on the National Register Such designation pro vides the new owner the oppor tunity to qualify for a federal in vestment tax credit for rehabilitating historic build ings The rehabilitation of downtown former Brandeis department store into condos and apartments is an ex ample of a local project that has used the tax credits Puschen dorf said He said there also is a state property tax moratorium for people who rehabilitate his toric buildings and those build ings have to be landmarked or listed in the National Register A preservation covenant should be placed on the build ing Such a covenant would re quire the Nebraska State His torical Society to approve any alterations to the ex terior or interior Those measures are not in tended to restrict the use or reuse Puschendorf said will likely promote the re habilitation of the he said will protect the major essence of the building that makes it The architecture is a modified art deco style he said ederal buildings of the early 20th century typically were built in a classical style he said Grand columns are typical of the classical style But 106 15th St was done in a stripped down version of the classical style was a take off on classical architecture but abandoned ex cessive ornament in favor of more subtle stylized decorative he said Contact the writer 444 1183 christinelaueowhcom KPTM cuts jobs ends 4 pm news By John Keenan WORLD HERALD STA WRITER Television station KPTM ox 42 ended its 4 pm local news pro gram and its 4:30 pm program riday afternoon in a restructuring move That decision affected 22 em ployees who were laid off or moved to part time hours Randy Oswald general man ager of the station said in a press release that the moves were a re sult of slowdown in the econ as well as reduced viewer recognition for the programs Weekend anchor Scott Patter son in a post on his acebook Web page said he was among those laid off sad thing is noth ing else I really want to do So if anyone knows of any TV jobs out there let me he wrote Oswald said the station would concentrate on its hourlong 9 pm newscast Contact the writer 444 1074 johnkeenanowhcom 721 I 1 UP planning Earth Day events Union Pacific Corp is holding more than 50 Earth Day activi ties in nearly 40 communities this month including nearly two dozen exhibition booths on April 22 at its headquarters in Omaha Activities planned in the rail 23 state network include a forest preserve restoration and cleanup project in Chicago and a shoe recycling drive in conjunc tion with a centennial celebration in Roseville Calif Tree planting events are planned for April 13 and 21 in North Platte An Earth Day fair will be held April 22 in Council Bluffs Union environmental stewardship efforts include hy brid and fuel efficient locomo tives waste reduction and recy cling programs Joe Ruff Supertel taps new chief executive Kelly A Walters will join Su pertel Hospitality a Norfolk Neb real estate investment trust that owns 122 hotels or April 14 as president and chief executive officer He will suc ceed Paul Schulte 75 who will remain as chairman Walters 48 was a senior vice president at Investors Real Es tate Trust in Minot ND and be fore that was an executive with Magnum Resources Inc a pri vately owned real estate invest ment company from Omaha In vestors Real Estate acquired a portion of property in 2006 Walters earlier had worked for Brown Brothers Harriman Co in Chicago and Peter Kiewit Inc of Omaha Steve Jor don Compensation up 20 for UP CEO last year By Joe Ruff WORLD HERALD STA WRITER Union Pacific Corp CEO Jim Young received a nearly 20 percent increase in total compensation for 2008 to $1165 million the company said riday in a regulatory fil ing Citing last 10 percent increase in revenue to $18 bil lion as well as other accom plishments despite the na tional recession the Omaha based freight railroad in creased salary by 5 percent to $115 million and increased his bonus by 13 per cent to $3 million Young also received $75 million in stock awards UP officials said the com top 150 executives would not receive a pay raise in 2009 because of the reces sion Contact the writer 444 1 1 1 7 joeruffowhcom Stocks: Rally logs 4th week Continuedfrom Page 6 85 percent its highest level since late 1983 when the econ omy was emerging from an other deep recession While many investors are looking ahead to an eventual recovery others say Wall Street might be just as short sighted now as it was when it was panicking Potential pit falls lie ahead not just for the job market which has shed 51 million jobs since Decem ber 2007 but also in corporate earnings reports and outlooks that start coming in next week run way too high here way too said Joe Saluzzi co head of equity trading at Themis Trading LLC The Dow on riday climbed 3951 or 05 percent to 801759 the highest close since eb 9 when the in dex ended at 827087 Traders have been embold ened in recent weeks by bet ter than expected readings on key economic factors such as housing banking and man ufacturing In a positive sign riday ederal Reserve Chairman Ben Bernanke said in a speech in Charlotte NC that while he was uncomfortable with bailing out financial institu tions the strategy so far Stocks recap riday Dow Jones industrial average rose 3951 or 05 percent to 801759 500 index rose 812 or 10 percent to 84250 Nasdaq composite index rose 1924 or 12 percent to 162187 or the week: Dow is up 24141 or 31 percent is up 2656 or 33 percent Nasdaq is up 7667 or 50 percent or the year: Dow is down 75880 or 86 percent is down 6075 or 67 percent Nasdaq is up 4484 or 28 percent to ease the financial crisis ap pears to be working But investors want to see further signs that the reces sion getting worse to keep the rally going Investors have been too quick to overlook the holes in the economy including em ployment said Themis Trad Saluzzi Organizer: Official seeks more buying power for workers Continuedfrom Page 6 union intimidation has been Acuff said in an interview what we need to do is streamline the process so workers have a freer choice on whether or not to join a In addition he said the pro posed law would ef fective penalties (on employ ers) for unfair labor Union bargaining power won with the 1935 National Labor Relations Act released workers from 12 hour a day six day a week jobs and lifted them from poverty to the mid dle class he said opportunity has been denied to people in the new Acuff said refer ring to the decline of manu facturing and the growth of service businesses including financial services He said unions are more popular today than at any time since organized labor started polling people 25 years ago A majority of workers inter viewed said they would vote to form a union they have to worry about getting Acuff said noon speech today at Milo Bail Student Center will relate the Em ployee ree Choice Act to the life of Dr Martin Luther King Today is the 44th anni versary of death He was assassinated in Memphis Tenn where he had gone to support striking sanitation workers Contact the writer 444 1081 virgillarsonowhcom NEWS SATURDAY APRIL 4 2 00 9 7A StOCksReCSD HIGH LOW close chg chg wk mo qtr ytd DOW 801950 789724 801759 3951 050 A A 865 NYSE NASD DOW Trans 297868 291177 297832 3073 104 AAV 1580 DOW Util 33807 33358 33731 283 085 AAV 902 Vol (in mil) 5732 2085 NYSE Comp 531884 521323 531875 5165 098 AAV 761 Pvs Volume 7365 2745 NASDAQ 162187 159305 162187 1924 120 AAV 284 Advanced 2105 1654 500 84250 82670 84250 812 097 AAV 673 Declined 968 1071 400 52451 51091 52451 899 174 AAV 256 New Highs 2 11 Russell 2000 45613 44470 45613 594 132 AAV 867 New Lows 3 13 Wilshire 5000 859934 842638 859934 9855 116 AAV 537 The World Herald 150 YTD VOLUME NAME TKR LAST CHG CHG (00s) PE DIV AMR Corp AMR 375 24 649 108295 dd Inc 2683 29 59 252647 12 164 Abbott Labs ABT 4412 126 173 139196 14 160f Adobe Systems ADBE 2416 88 135 80807 16 Alcatel Lucent ALU 217 16 9 107278 Alcoa Inc AA 817 01 274 485844 dd 12m Alliant Energy LNT 2469 05 154 6615 9 150f Altera Corp ALTR 1795 22 74 62212 15 20 Altria Group MO 1616 05 73 7 128 Ameren Corp AEE 2327 25 300 15504 8154m AmElePwr AEP 2630 04 210 81092 8 164 Amerislr Casinos ASCA 1422 28 646 8179 dd Anadarko Petrol APC 4347 142 128 53644 6 36 Aon Corp AOC 4000 16 124 38067 8 60 Apache Corp APA 6800 08 88 47557 33 60 Apple Inc AAPL 11599 328 359 223097 22 Applied Matls AMAT 1181 37 166 214885 29 24 Aqua America Inc WTR 1947 06 54 5517 27 54 Arch Dan Mid ADM 2890 24 2 36066 7 56f BPPLC BP 4133 31 116 72166 6 333e Bank of America BAC 760 36 4603356050 14 04m Berkshire Hath A BRKA 92490 2480 43 9 29 Berkshire Hath BRKB 3004 98 65 324 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137 74366 64 DTE Energy Co DTE 2854 20 200 8575 9 212 Deere Co DE 3730 123 27 73587 9 112 Disney DIS 2000 21 119 182648 10 35 Dominion Resources 3044 35 151 43001 10 1751 Dow Chemical DOW 1100 106 271 342595 19 60m DuPont DD 2597 74 26 92266 12 164 Duke Energy OUK 1419 01 55 51672 13 92 EMC Corp EMC 1249 37 193 230220 19 Edison Inti EIX 2952 34 81 31489 8 124 Emerson Elec EMR 3196 77 127 56222 11 132 Energizer Hold ENR 5369 41 8 6665 9 Exelon Corp EXC 4860 172 126 45812 12 210 Exxon Mobil Corp XOM 7044 19 118 265865 8 160 edEx Corp DX 5002 94 220 43101 21 44 ord Motor 325 34 419 1112508 dd Gen Dynamics GD 4266 46 259 33980 7 1521 Gen Electric GE 1094 20 3251217665 6 40m Gen Motors GM 210 01 344 193302 dd Google Inc GOOG 36978 728 202 37290 28 Harley Davidson HOG 1656 84 24 49922 6 40m Hartford Sv HIG 874 81 468 192258 dd 20m Hershey Company HSY 3614 52 40 13668 27 119 Hewlett Packard HPQ 3415 46 59 200421 11 32 Hormel oods HRL 3204 24 31 3935 16 76 Intel Corp INTC 1595 25 88 504825 17 56 IBM IBM 10222 140 215 108301 11 200 JPMorgan Chase Co JPM 2928 112 60 793511 21 20m Johnson Johnson JNJ 5215 82 128 150321 11 184 Kellogg Co 3801 15 133 26925 13 136 NAME Kimberly Clark Kinder Morg Engy Kraft oods Level 3 Commun Lindsay Corp MOU Resources MGE Energy Inc Inc Martha Stewart Liv McDonalds Corp Merck Co MetLife Inc Microsoft Corp Monsanto Co Mosaic Co NCR Corp News Corp Nucor Corp OGE Energy Occid Petl ONEOK Partners LP Oracle Corp Oshkosh Corp Otter Tail Corp Corp PepsiCo Pfizer Inc Potash Corp Principal ncl Grp Procter Gamble Prudential ncl Qualcomm Inc Qwest Commun Royal Dutch Shell A SAIC Inc Schwab Corp Smucker JM Southern Co Stryker Corp Suntrust Bks Sysco Corp TD Ameritrade Hidg Target Corp Terra Ind 3M Company TierOne Corp Time Warner Toyota Mot Travelers Cos Tyco Inti Ltd USG Corp Union Pacific Corp UPS class US Bancorp Utd Technologies Valero Energy Valmont Ind Verizon Comm Visa Inc WalMart Strs Walgreen Co Watsco Inc WellPoint Inc Wells argo Co Werner Enterp Westar Energy Inc Western Union Co Whirlpool Williams Cos Windstream Corp Yahoo Inc Yum! 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1V Dec 43534 42844 435V Mar 445 44644 440V 44644 IV2 May 452V 454V 448 454 144 Jul 459 460 455 460 1V Sep 456 1V Dec 449 449V 443V? 449V 3 Jul 46334 469V 469V 3V Dec 453 459V 453 459V 3 open int 837139 up 15541 OATS 5000 bu minimum cents per bushel May 198 200 196V4 199 1V Jul 207V 209 206V 208V 1V Sep 216V 217 216V 217 1V Aug 7397 7440 7300 7410 113 Dec 232 232 230 232 1V Oct 6665 6700 6625 6685 25 Mar 246V 1V Dec 6542 6575 6505 6550 20 May 255V 1V eb 6832 6867 6817 6865 02 Jui 264V 1V Apr 7190 7197 7167 7197 Sep 273V 1V May 7700 7775 7700 7775 Dec 287V 1V Jun 7700 7775 7700 7775 Mar 305V 1V Jul 7700 7780 7700 7780 40 Jul 309V 1V Est sales 15004 sales 20995 Sep 318V 1V open int 133495 up 1444 Est sales 2484 sales 2330 PORK BELLIES open int 14957 40000 lbs cents per lb SOYBEANS May 8800 8885 8700 8882 102 5000 bu minimum cents per bushel Jul 8550 8730 8550 8565 105 May 997V 972 995V 18V Aug 8185 8300 8175 8205 45 Jul 987 997 972 18V4 eb 9130 9180 9130 9180 55 Aug 967V 962 1434 Mar 9180 9230 9180 9230 55 Sep 934V4 946 929 94614 12 Est sales 9 sales 46 Nov 911 924V 907V 923 7 open int 921 up 6 Jan 921 932 918 932 7V Mar 929 939 925 939 7 OMAHA LIVESTOCK May 931V 942 928 942 7 Omaha Livestock Market quotations riday: Jul 946V 946 933 946 7 Aug 940 4 SIOUX ALLS LIVESTOCK Sep 935 1 Sioux alls (AP) Sioux alls Livestock Mar Nov 922 931 91734 931 1 ket quotations riday: Jan 936 2 Mar 941 3 ESTIMATED SLAUGHTER Jul 946 Cattle Hogs Sheep Nov 934 1 riday 120000 415000 9000 Est sales 248744 sales 160472 Week Ago 86000 403000 10000 open int 328977 up 7923 Year Ago 121000 410000 7000 CHICAGO MERCANTILE EXCHANGE Open High Low Settle Chg CATTLE 40000 lbs cents per lb Apr 8580 8620 8517 8605 88 Jun 8407 8422 8302 8417 117 Aug 8490 8500 8397 8480 83 Oct 8832 8860 8750 8852 87 Dec 8987 9030 8945 9020 60 eb 9112 9145 9055 9140 68 Apr 9130 9230 9130 9225 48 Jun 8850 8850 8807 8835 35 Aug 8797 8810 8797 8810 10 Est sales 3611 sales 49930 open int 207471 up 3446 EEDER CATTLE 50000 lbs cents per lb Est sales 380 sales 4412 open int 18398 Apr 9565 9577 9452 9540 93 May 9680 9692 9545 9670 105 Aug 9887 9892 9800 9875 118 Sep 9975 9985 9870 9970 100 Oct 9930 10000 9917 9987 90 Nov 9897 10000 9897 9985 88 Jan 9775 9930 9775 9930 130 Mar 9805 9880 9805 9880 80 HOGS LEAN 40000 lbs cents per lb Apr 5997 6077 5965 6027 60 May 7280 7430 7175 7390 203 Jun 7305 7390 7225 7365 155 Jul 7390 7460 7322 7427 112 IOWA HOG MARKET Des Moines (AP) riday: Barrows Gilts (carcass basis): 10270 Compared to Prior Day's closing weighted average (LM HG204) 012 lower Base Price Range $4600 $5885 Weighted Average $5653 Base Price is the price from which no discounts are subtracted and no premiums are added NONERROUS METALS New York (AP) Aluminum $06775 per lb NY Merc spot ri Copper $18570 Cathode full plate US destinations Copper $19995 NY Merc spot ri Lead $12650 metric ton London Metal Exch Zinc $06157 per lb delivered Gold $90500 Handy Harman (only daily quote) Gold $89560 troy oz NY Merc spot ri Silver $12780 Handy Harman (only daily quote) Silver $12725 troy oz Merc spot ri Mercury $64000 per 76 lb flask NY Plati num $114300 troy oz NY (contract) Plati num $115940 troy oz NY Merc spot ri WORLD GOLD BULLION PRICES New York (AP) Selected world gold prices riday: London morning fixing: $90150 up $375 London afternoon fixing $90500 up $725 NY Handy Harman: $90500 up $725 NY Handy Harman fabricated: $97740 up $783 NY Engel hard: $90719 up 726 NY Engelhard fabricated: $97523 up $781 NY Merc gold Apr ri $89560 off $1180 NY HSBC Bank USA 4 pm ri $89100 off $1600 newspaper online magiz nen the community Disney lays off 1200 at parks LOS ANGELES (AP) The Walt Disney Co said riday it had cut 1900 positions at its two US theme parks as part of an earlier announced reorganiza tion Some 1200 people were laid off and 700 open positions will be left unfilled in the second phase of a reorganization begun in 2005 that was accelerated by the re cession The vast majority of the cuts came from managerial and other salaried staff not from employ ees in the parks who interact with park visitors Among the cuts announced riday were 50 executives who accepted a voluntary buyout that was offered to 600 people qualifications apply ask for details Get the word out about your company's significant awards or milestones or salute an achievements with INSIDE BUSINESS appearing every Monday in the Money section Announcements are only 25 per column inch (minimum 1 inch) Company logos can be included Deadline: Monday two weeks prior to publication Announce your promotions awards milestones in INSIDE BUSINESS Ootid Herald wwwomahacom To place your business announcements call: (402) 444 1371 or email: announcementsowhcom fe Complete stocks funds on omahacom newspaper online v'rts magv nes the community Oorld Hcrald wwwomahacom.