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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Mar 10, 1973
Page
4
Investors worry over international money problems triggered a late week stock market drop after an early week rise. The Dow Jones average closed at 972.23 Friday, up 10.91 from the prior week but 7.75 below Wednesday. The AP average finished at 317.8, up 2.7 from last week but down from Wednesday.
Treasury official George Schultz joked that soybeans could replace gold as a world wealth standard if farm prices keep rising. Soybean futures hit a record near 7 dollars a bushel amid volatile markets driven by monetary concerns. Cash hog prices hovered around 41 dollars per hundredweight as slaughter increases were expected, while cotton and cocoa also showed notable moves in a week of currency and policy uncertainty.
The former Peters Meat Co. plant in Eau Claire has been sold to Sandy Packing Co. of St. Cloud Minnesota for 100000 dollars as approved by the federal bankruptcy court in Minneapolis.
Fluctuating prices driven by intense competition among self service and cut rate stations in La Crosse. Managers report daily price surveys, margin targets, and blank signs as notices of possible increases while major chains sometimes follow but still set margins.
Awide listing of mutual fund bid and ask prices from NASD Forum Group shows numerous funds with current values across many families such as Provident, Putnam, Franklin, Scudder, Vanguard, Fidelity and more. Entries include fund names, share classes and price quotes for buy and sell transactions.
Edward Hutchings program director and sports announcer at WKBT-TV will leave La Crosse after March 23 to become operations manager at WEAU-TV Eau Claire. He has spent nearly 17 years at WKBT and will not have on air duties in his new role. WEAU owned by Post Corp operates additional stations and media outlets. Hutchings and his wife Lila have four children.
Kenneth W. Haagensen will speak at TAC's sixth annual meeting and banquet in La Crosse County. John Schermerhorn will MC the event set for March 20 at 6 p.m. at the Stoddard Hotel. Four TAC directors will be elected. reservations via the county extension office.
Judith Beckstead Mazur of West Salem joined Loewi & Co. at 125 N Fourth St as a registered representative. She brings over three years of NYSE experience and is among the first female registered representatives in the La Crosse area. Her husband Richard Mazur is a design manager for Northern Engraving in Sparta.
Tom Wheeler of La Crosse has been appointed to a Wisconsin state advisory committee that counsels state and local vocational schools on real estate courses. Appointed by Eugene Lehrmann, state director of the Board of Vocational and Technical Adult Education. Wisconsin offers associate degrees in real estate at Waukesha Milwaukee and Madison with possible programs discussed for Wausau Fox Valley and Wisconsin Rapids.
The Dow rose early then slipped as investors priced in at least another round of talks in Paris to escape the international monetary crisis. Dow final week up 10.91 to 972.23. NYSE advancers led decliners 1,115 to 645 among 1,963 issues.
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