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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Jun 13, 1921
Page
7
Madison Wis Hundreds of students met to form a twenty five member committee of upperclassmen and athletes to enforce the fall term rules. The meeting condemned the student senate action to abolish university customs and pledged self government to maintain order without scandal.
An impressive program for Maz Day exercises planned by the Elks lodge opens at 7 o clock in River Park. Local veterans groups and citizens will assemble and the Elks band will perform a short program followed by a patriotic schedule featuring songs and a patriotic address, ending with Auld Lang Syne. Also notes the resignation of Lieut. Col. Robert E Olds as American Red Cross commissioner for Europe.
The American Federation of Labor reports its convention that organized labor defends its position while employers fail in their aims. It urges railroad reform, wage policies, anti-Japanese measures, and public-profits transparency, while warning against court actions and calls for broader labor cooperation and armament restraint. Members decline modestly, with ongoing vigilance and a push for internal labor democracy.
The Chicago wheat market climbed on hot weather and rust damage with July and September futures posting gains before retreating on heavy selling. Prices moved from about 8.41 to 1.28 in later quotes while corn and oats also rose before provisions eased on weaker hog values. Cash grain mixed with No. 2 wheat at 1.58 to 1.66, corn around 84 to BC, oats higher with July around 39 to 40 cents, and farm prices for potatoes and hay noted across regions.
Market notes show Liberty bonds trading near parity with specific issue numbers cited. Prices and yields appear mixed with references to Victory bonds and a catalog of issue values such as 44,528.38 for a listed bond series.
A sharp liquidation sweep hit the New York stock market Monday with broad declines across equities. American Car, General Electric, Pullman, and United States Steel fell as much as 3 to 4 points, while Pacific Mail, Bethlehem, and Republic tumbled over 2 points. Rail shares fluctuated with early losses nearly erased, and notable names like London and Nashville cited amid the downturn. Closing prices showed widespread weakness and rare lows for several heavyweights, with conservatively valued issues drifting lower through the session.
Madison awaits Wednesday votes on Severson surtax and Hirst highway tax bills. Finance committee says tax reform may shift funds to universities and highways, with potential $8 million surtax impact over two years. Assembly and Senate actions target revenue to balance the general fund amid highway and income tax pressures.
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