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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Aug 03, 1973
Page
12
Wisconsin cheddar market shows steady demand from fair to good, with supplies short to adequate. Barrel styles fetch 68% to 70% cents per pound, 40-pound blocks 72 to 74 cents, single daisies 81 to 83, midgets 76% to 82, and longhorns 77 to 81 cents per pound.
AP reports the Milwaukee cattle market closed steady with varied ranges for steers and heifers and calves steady to higher. Hogs eased slightly while lambs held steady to higher. South St. Paul numbers show mixed cattle and hog activity with steers uneven, heifers mostly steady, and hogs steady to lower. Chicago butter prices remained firm with no change in wholesale quotes.
Commodity futures moved within a price range in Chicago with near term wheat options strong while distant options were weak. Corn fell then rose to near unchanged, oats traded with corn, and soybeans dropped sharply. prices listed for Wheat No 2, Corn No 2 yellow, and other grains. Midwest egg prices showed mixed wholesale changes with various grade levels reported.
UPI market recap shows index values and commodity moves with mixed results. Notable figures include Net cigars andPetroleum components reflecting modest declines and small gains across sectors.
Major potato markets report FOB prices for Wednesday with round whites from Eastern Shore Virginia at 7.50, Hereford Texas round reds 10.00 to 11.00, and Washington Norgolds 9.00 to 9.50.
American Motors Corp reports nine month earnings before extraordinary credits of 40.5 million for the period ended June 30 1973 the highest in 13 years. Third quarter earnings after taxes total 16.9 million or 61 cents a share while third quarter 1972 earned 78 million or 31 cents a share. Net sales for the nine months reach a record 1.4 billion. AMC President Luneburg says demand for compact models will stay strong.
Northern States Power Co reports net income of 14.8 million for the quarter ending June 36, down from 15.4 million a year earlier. Earnings per share to common stock were 57 cents, versus 65 cents. Revenue was 109.4 million, up from 102.7 million in 1972.
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