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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Dec 12, 1972
Page
14
United Press International reports mixed moves on the New York Stock Exchange with many major issues showing small gains or declines. The daily list includes notable names such as Exxon, IBM, General Electric and Dow components amid fluctuating trading.
Selected stocks on the American Stock Exchange show mixed moves with Petr, ArkLaG, Austral Oil, Banister Cp and Dome Petro among notable name entries. Prices and percent changes vary, highlighting active trading and liquidity across energy, finance, and industrial sectors.
A late morning briefing lists share quotes across multiple sectors. Prices for utilities, manufacturers, and financials show mixed but largely firm movements with notable percentages. The bulletin also notes wholesale egg prices held firm at Chicago markets with ranges for large whites mediums and standards.
St Paul market reports 5,000 cattle 500 calves with early slaughter steer prices up 1.00, heifers 1.00-1.25 higher, cows steady to strong, bulls steady. Hogs 5,500 head mostly steady to 50 lower with varied loads, sow and bear values steady. Sheep 1,800 lambs active and steady to higher by 25.
Former Army football star E. Douglas Kenna, once a quarterback and coach, becomes president of the National Association of Manufacturers guiding 12 275 members amid postwar downsizing. He stresses a rational path to a healthy business environment despite occasional policy tradeoffs and will work with NAM’s 172 member board. The piece also notes a Milwaukee cattle market report with price ranges for steers heifers calves and hogs.
Campbell Soup Co. of Camden dominates its markets with 80 percent of soup sales and 60 percent growth over ten years. The company diversified into Pepperidge Farm, Godiva chocolates, Lassie brand dog food, and fast food outlets while funding nearly $0 debt through internal cash flow, with $64 million planned for 1973 capital spending.
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