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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Jul 26, 1973
Page
9
NYSE trading shows scattered quotes across numerous companies with volatile moves. Highs and lows vary by issue, reflecting broad fluctuations in prices and investor sentiment on a chaotic UPI sourced snapshot.
Cattle on 3400 head trading slow for slaughter steers and heifers early. sales steady to 25 higher. Cows and bulls active steady to strong. Hogs 5500 head demand very active with higher prices across weight classes. U S 1 2 190 250 lb tops 52 52.25 with other weights near 51.5 52. Bulls and dealers not established.
Sears Roebuck and Co warns certain self cleaning double oven gas ranges may pose a fire risk due to gas line contact with an electrical connection. Affected models manufactured January 1971 to January 1972 include eight specific model numbers and are sold in Sears retail and catalog stores. Owners should contact Sears for guidance.
Major CBOT futures advanced with limit gains as traders bet on continued world demand for U S commodities and higher farm prices. Farmers may withhold wheat soybeans corn and oats to push prices higher. Wheat up 10 cents September 3 342 corn up 10 September 2 71 percent oats up 6 September 1 23 and soybeans up 40 cents August 11 40.
Milwaukee livestock markets closed steady to strong across cattle hogs and lambs. Cattle ranged 31.50 to 49.00 for various grades with calves 64.00 to 116.00, hogs 40.00 to 50.00, lambs 6.00 to 26.00, and estimated Thursday receipts of 600 cattle 400 calves 400 hogs 50 sheep and 50 horses.
Wisconsin cheddar cheese markets show steady to firm tones with good demand and tight to adequate supplies. Barrel styles sell 64 14 to 66 94, 40 pound blocks 68 to 70 2, single daisies 77 to 79, midgerts 72 2 to 78 2, longhorns 75 to 79. Wisconsin Swiss market remains steady with ample supplies and prices for blocks A 80 82, B 78 2 to 80 2, C 76 to 78.
Washington AP reports US foreign trade nearly balanced in June with a $15.5 million deficit, a marked improvement from May. The second quarter shows a $22.9 million surplus by the Census measure, but a $300 million deficit on the merchandise balance.
Gillette plans a summer launch of a twin blade injector razor designed to fit existing injector systems. The move targets Schick’s dominance in injector blades by expanding Gillette’s share in the blade market and leveraging a give away model to secure future blade sales.
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