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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Dec 13, 1973
Page
36
The nine largest oil firms post strong profits in nine months as demand remains high and prices rise. Companies justify dividends and large capital expenditures as exploration and expansion push ahead. Willis and Standard Oil of California are noted for dividend boosts and forecasts.
Birth notices from multiple hospitals report newborns a son for Morris in Mabel, a son for Schmelzer in Mabel, a son for Gerke in Tomah, a son for Witt in Tunnel City, and a daughter Kristin Lee for Johnson in Madison. Also listed are a daughter Billie Jo Lea in Black River Falls and an upcoming marriage between Boyd Ladd and Rayna Churchill. Midwest egg prices hold steady with Class I large at 65 and other rates noted.
La Crosse and Sparta court records show shoplifting convictions, drunkenness, and disorderly conduct. Defendants include Michael R Abrahamson and Debra A Meyer among others, with various sentences and bonds noted. Also listed are hunting violations, delinquency charges, divorces, and custody actions with dates and residences. Fire department notes report a flooded oil burner incident and a chimney check at Cathedral School.
Milwaukee cattle market closed strong with steers at 36 to 38 dollars and heifers up to 37. calves sold steady with choice 60 to 65. hogs finished 1.50 to 2.00 lower, light and heavy categories moving at varied prices. lambs steady to weak with a range from 16 to 32 dollars. Estimated Thursday receipts include 1,000 cattle, 600 calves, 300 hogs, 50 sheep, 50 horses. Chicago potato markets show Wisconsin russets at 6.50 to 6.75 per 100 pounds and Idaho russets at 7.00 to 7.25.
Futures in wheat soybeans corn and oats swung in early gains before heavy late selling erased most profits. Wheat closed near a 20 cent limit down at 5.52 for December. Corn fell toward 2.65 December while oats rose to 1.37 and soybeans slid to 6.21 January.
Livestock prices at St. Paul show cattle and calves steady to higher with demand moderate to strong. Cows and bulls varied with higher steer and heifer values while hogs traded soft, and sheep lambs mixed as feeders and slaughter stock posted varied bids. Chicago grain futures closed lower with wheat and corn down from Tuesday quotes.
The Wisconsin State Employes Union asked Governor Lucey and the Joint Legislative Committee on Employment Relations for a five percent interim pay raise for all state civil service workers starting next month. They cited Nixon era inflation eroding pay faster than anticipated and noted current contracts provide only a 17 cent per hour raise next July with potential increases up to six percent in 1974 and 1975. The union also urged a mileage reimbursement reform to pay actual costs for state business travel. Lucey aide James Wood said the governor would not respond for about a week as budget review continues.
AFP reports a global whiskey shortage ahead with Teacher's announcing rationing measures. United Glass cannot boost output due to oil shortages, threatening Scotch Whiskey exports. Teacher's also aims to recover 10 million empty bottles amid the supply squeeze.
Wisconsin cheddar shows steady to firm tone with good demand and adequate to short supplies. Barrel styles 8 1/2 to 8 3/4 cents. 40 pound blocks 85 2 to 89 2 cents. single daisies 95 2 to 96 2. longhorns 95 to 95 2. midgets 89 4 to 96. Swiss cheese market steady to firm with good to very good demand and short supplies. Grade A blocks 96 2 to 98 2. Grade B blocks 94 2 to 96 2.
The Wisconsin state Employes Union argues for a new mileage rate exceeding 500 miles at seven cents a mile as gasoline costs rise. Wayne McGown of the Department of Administration says the agency will decide within a week if a cost of living increase is needed to protect payrolls.
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