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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Jun 15, 1976
Page
11
The La Crosse Tribune notes NOW accounts gain momentum nationwide with New York allowing savings institutions to pay interest on checking. It explains costs to customers, potential profitability, and breaks down example balances and charges, illustrating how fees shape the value of NOW accounts for typical savers.
The article analyzes NOW account costs including a $12 yearly service fee and 11 cents per transaction plus 14.2 checks monthly, totaling $30.74 yearly, with interest-bearing NOW accounts possibly costing $24.74 annually. It notes charges may drop as more funds move to NOW accounts and as electronic transfers grow.
Cattle and calves sold with steers mostly firm to higher and heifers up to 1.00. hogs down about 50 cents after early sales. sheep and lambs opened steady to slightly lower. Wisconsin cheddar prices steady to firm with modest supplies and solid demand. Chicago grain quotes noted for wheat corn oats soybeans.
Wisconsin egg market Monday showed mixed sentiment as supplies remained adequate and demand light. Prices ranged with Grade A large 62 to 66 cents and mediums 54 to 57 cents, while Chicago wholesale reports held large at 55, mediums 44, smalls 38, nest-run 47 and checks 40.
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