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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
May 28, 1971
Page
13
New York trade data from UPI via Standard and Poor's bond and stock indices. The report outlines hourly index references, trading unit conventions in hundreds and ten share lots, and a complex legend for dividends and corporate actions including cash and stock dividends, special payments, and indicated statuses like bankruptcy or warrants.
AP report from USDA notes potato arrivals totaling 77 with 269 on track and 502 shipments nationwide. Russets show liberal old-offering while demand remains fair and round reds steady. Idaho russets at 5.00 and North Dakota Red River Valley round reds at 3.60. New offerings are light with moderate demand. long whites slightly weaker and California long whites quoted 5.30 to 5.50. Alabama round reds at 5.50.
Sylvia Porter urges lawmakers to pass the Higher Education Act of 1971 to liberalize federal guaranteed student loans. The plan would raise annual borrowing limits to 2500 and total to 10000, extend to vocational and business schools, and create Sallie Mae to provide liquidity. Borrowers pay 7 percent interest with possible government subsidies, with repayment after graduation and moratoriums for service.
Fire of undetermined origin caused smoke damage to Gale Ettrick High School gym and stage. Classes continued as usual. Baccalaureate and class night activities were canceled or merged with commencement set for Thursday June 3 on the athletic field.
Chicago AP reports wholesale butter prices unchanged at the Mercantile Exchange. 93 score AA bids at 67.1 dollars per hundredweight, 92 A at 67.14, and 90 B at 65.78. Eggs prices paid delivered to Chicago also steady with lower trend indicated for certain grades.
Illinois House approved a $30 million nonpublic school aid program by 119 to 56 and sent it to the Senate amid constitutional concerns. The plan would grant $60 per elementary and $90 per secondary pupil, plus funds for low income families and innovative programs, with supporters arguing secular use. opponents fear religious influence and racial divisions.
AP report details potato prices across states. North Dakota U S No 1 red 100 lb boxes at 5.50. Idaho U S No 1 russet burbank 6.75. Wisconsin superior U S No 1 3.00. Idaho russet burbank U S No 1 10 lb and larger 6.75. Florida U S No 1 new size A red 50 lb 4.00, size B 4.00.
Chicago grain prices list No 2 soft red wheat at 1.63, No 2 hard red at 1.57, No 2 yellow corn at 1.54, No 2 extra heavy oats at 80, No 1 yellow soybeans at 14, soybean oil at 11.72.
Chicago Mercantile Exchange report shows wholesale egg prices down 1 to 2 cents. Grade A whites fall to 27, mediums 21, standards 24, checks 16, reflecting weaker demand in wholesale buying.
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