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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
May 14, 1971
Page
6
Washington figures revise first-quarter GNP up to 1.02 trillion dollars with 7 percent annual growth and total output rising 30.8 billion. Inflation advances to 5.6 percent as corporate profits reach 86.5 billion, aided by the General Motors strike settlement relief.
Independent business owners feel overlooked by policymakers balancing big business and small poverty. NFIB reports taxes inflation and regulation squeeze midsize firms, risking apprenticeships and local jobs. About one million independents exist nationwide, spotlighted by a May 17 Washington conference where Nixon is listed as listener and speaker.
Chicago wholesale butter prices hold steady with 93 score AA at 67,764, 92 A at 67,784, and 90 B at 65,784. Eggs delivered to Chicago show no change with grade A whites at 28-29 12, and medium whites at 24-25 12, while standards remain unquoted.
Readers invited to submit original gags for Today’s FUNNY with a $1.00 prize per usable joke. Send entries to Today’s FUNNY 1200 West Kind St Cleveland Ohio 44113 for potential publication and payment.
The La Crosse Teachers Credit Union approved a 5 percent dividend on member savings at its May meeting. It reported membership rising by 100 to 431 in the past year, with assets over $150,000 as of April 30, a 55 percent increase. Officers elected were Donald J. Meinert president, Gordon Bahr vice president, Dorothy Fregin secretary, Gordon Johnson treasurer, Robert Hirsch board member at large, and credit committee members Agnes Stromstad, Anne Kovacik, and Gary Lang.
La Crosse Common Council approved about 360000 in public works projects including storm and sanitary sewers on Green Island and the Miller Cook and relocated Shelby Street area. Ratandt Inc. won 133665 for storm sewers on Green Island. Viner Inc. captured 63631 for sewer lift station and mains. Additional bids and related sewer work were awarded to Viner and Frank Construction Co. plus water main plans for Green Island and Ohlson Addition. Ebner Construction Co. won curb and gutter, and multiple alleys were paved with cement concrete by Ebner and Mathy Construction Co.
AP reports in Wisconsin including Allis Chalmers changing its name to Allis Chalmers Corp with new director S Howard Gillespie Jr. Manitowoc Motor Hotel purchased by General Midwest Corp. Rex Chainbelt sells Oil-Dyne line to Wendell J Davidson Racine. Four of nine Wisconsin firms at Tokyo Mid America Food Festival sign with Japanese traders. James C Windham named marketing executive of 1970 by SIM. Manitowoc Shipbuilding plans move to Sturgeon Bay. Wisconsin Electric Power reports Q1 net income of 11899275 and revenue 89572092. Philip Jarvis named managing director of European operations based in London.
La Crosse Common Council approved a 4000 deficiency appropriation for Isle la Plume dump operations. Public Works Director Bob D. Schroeder said the department had exceeded its 1971 7250 equipment repair appropriation, with the extra 4000 covering the average and leaving 1300 for the remainder of the year.
Smithsonian plans a new electricity hall and showcases a GE gift of early devices. A 1900s 10 inch six blade fan, 1908 toaster, 1905 iron, 1919 heater, 1924 waffle iron, and 1926 vacuum cleaner illustrate early electric kitchen tech. The items, valued and demonstrated, invite owners of pre World War I eggs beaters to contribute for display.
Chicago Mercantile Exchange butter held steady with wholesale buying prices unchanged. In Wisconsin, egg market shows prices unchanged as demand remains slow and supplies plentiful with Grade A large at 36 36, Grade A mediums at 30 32, Grade B at 30 12.
Wisconsin cheese market shows steady tone with spotty demand and ample supplies. Prices vary by style with barrels at 5214 to 5544, 40-pound blocks 5434 to 5754, single daisies 6034 to 6214, longhorns 59 to 60, and midgets 60 to 6514.
Chicago AP reports closing grain prices with No 2 soft red wheat at 1.61, No 2 hard red at 1.56, No 2 yellow corn at 1.52, No 2 extra heavy oats at 77, No 1 yellow soybeans at 3.00, and soybean oil at 11.00 per bushel or unit.
Eggs were unchanged on the Mercantile Exchange with 80 percent or better grade A whites at 30, mediums 25, standards 29. Checks filed.
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