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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
May 17, 1971
Page
6
United Press International charts Dow Jones averages and hourly stock indexes, listing dozens of companies and market leaders with price, high, low, and last trade figures. The report notes 11 am readings and references the Grand Street NYSE listings and S&P indices under a dense ticker layout.
The image lists company tickers and notes on over the counter and exchange transactions, along with a legend for stock footnotes and dividend terms. It mentions firms like Gateway Trans and Pabst Brewing and includes symbols for rights and share lot sizes.
American Motors Corp announces manufacturing shifts with more hiring at the Milwaukee works starting with 1972 model production in August. Javelin body production moves from Kenosha to Milwaukee, Ambassadors and Matadors still built there, engines centralized in Kenosha, and Stratford Ontario to handle soft trim. Overall AMC employment rises after recalls, with some reductions in other plants.
USDA cattle data from South St. Paul Minnesota shows 3,400 cattle and 500 calves with slow, uneven demand for slaughter steers and heifers. Prices span 25 lower for some steers, 31.50 to 33.00 for various slaughter heifers, cows 23.00 to 24.50, bulls 26.50 to 29.50, and dealer numbers 42.00 to 46.00 with highs to 52.00 for selected lots. Hogs number 8,300 with price declines of 25 to 50, including 200-240 lb at 18.00 to 18.25 and 190-245 lb at 17.75 to 18.25. Sows steady to 25 lower. lighter hogs 15.00 to 15.25 and 400-600 lb 14.25 to 15.00.
Chicago eggs on the Chicago Mercantile Exchange show wholesale buying prices unchanged with grade A whites at 30 cents, medium at 25, standards 29, checks 117, and overall steady trade as buyers hold firm.
Brookings Institution economist Charles L. Schultze argues subsidies mostly flow to the largest, most productive farmers who supply bulk of agricultural output, while many small farmers gain little. The study estimates annual subsidies around 9 to 10 billion dollars with 5 billion direct outlays and 4.5 billion via higher consumer prices.
A CARLTON SMITH item notes growth funds averaged 16.5 percent in the first quarter, with top funds up 27.5 to 50 percent, while the mutual fund universe rose 13.6 percent in three months. Despite 1969–70 losses, several funds show strong long term gains and managers who navigated downturns well.
The Atomic Energy Commission, after a nine month pause, will resume underground testing at the Nevada Test Site 65 miles northwest of Las Vegas in early June. The test, part of the Plowshare program to release natural gas from rock, follows new safety rules to reduce radiation risk after the Baneberry incident.
Butter prices remained unchanged with AA grade at 93 scores for 6712 units, AA 6712, 92 A at 6742 units, and 90 B at 65 units. Market notes indicate steady trading and consistent quality assessments amid steady demand.
Sparta Wisconsin emergency services director Mike Spencer will speak to the Monroe County Law Enforcement Association at 8 p.m. Tuesday May 18. The county traffic patrol officers host the meeting in the Courthouse Annex. Enamel crowns teeth are the hardest material in the human body.
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