Handwriting's In The Suds Brewers Merge Foretold
The federal excise tax on beer is debated as small brewers seek relief. Olympia aims to buy Lone Star, threatening market share among giants. With top five dominating 67 percent, mergers intensify. Schlitz and Coors face industry scrutiny over kickbacks. William Coors comments on long-running practices.
MENTIONED IN THIS ARTICLE
Congress
House of Representatives
United States
Pacific Northwest
Olympia Brewing
Lone Star Brewing
Texas
Olympia
Hamm's
Lone Star
F.&m. Schaefer
Dustry
Schaefer
Suds
Anheuser-Busch of
St. Louis
Milwaukee
Schlitz
Pabst
Miller Brewing
Philip Morris
Adolph Coors
Golden
Colo
Soybean futures surge on CBOT amid expanded limits
Futures on soybeans rocketed near the 30 cent limit Friday as prices jump 2.72 cents to lead gains across grains. Soybean meal climbs over 6 dollars per ton and oil rises close to 100 points while wheat slips and corn shows mixed moves. Cattle and hog markets in Milwaukee finish uneven with varied prices, calves steady to lower and receipts forecast for Monday.
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Chicago
Chicago Board of Trade
Milwaukee
Egg Market Report Chicago Wisconsin Butter Prices
AP report from Chicago notes Midwest egg prices holding steady with wholesale buying unchanged across classes and nest-run stock at 59. Wisconsin market shows steady prices with adequate supplies and mixed demand for various grades. Butter prices on the wholesale market remain unsettled with USDA data showing 93 score AA at 90.50 to 90.75 and other grades near 90.34 to 90.50. Chicago Mercantile Exchange confirms unsettled butter with similar price ranges across scores.
MENTIONED IN THIS ARTICLE
Chicago
Wisconsin
Chicago (Ap
USDA
Chicago Mercantile Exchange
Wisconsin Cheddar Cheese Prices Change Across Markets
Trading at the National Cheese Exchange fell with cheddar blocks and moisture premium sides down to 89 and 85.9 cents respectively as sales closed at four cars and five cars offered without bids. Wisconsin cheddar market eased 2 to 2.5 cents with fair to good demand and ample supplies as American production for the week ending Oct 14 fell 3 percent from the prior week but remained 29 percent above a year ago. Swiss stocks held steady with no change in price.
MENTIONED IN THIS ARTICLE
Green Bay
Wis
National Cheese Exchange
Madison, Wis
Wisconsin
Market News Service
Chicago
Potato price quotes across states reported by USDA
Selected quotations list packing, shipping point prices for major potato markets in Washington Idaho Colorado Wisconsin Minnesota and North Dakota. Notable figures include Washington russets 6.00 to 6.50, Washington Norgolds 5.50 to 6.25, Idaho russets 5.75 to 6.00, Colorado McClure red 4.25, Colorado russets 5.00, Wisconsin round whites 3.00, Wisconsin russets 4.25, Red River Valley round reds 3.40.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Washington
Wheat and corn futures quotes from Chicago
Chicago AP reports grain prices with wheat No 2 hard winter at 2.68 Friday and No 2 soft red at 2.68, corn No 2 yellow at 2.42 to 2.43, oats No 2 heavy at 0.54, soybeans No 1 yellow at 6.04 with No 2 yellow corn at 2.44 to 2.42. Friday and Thursday quotes noted for hopper and box prices.
MENTIONED IN THIS ARTICLE
Chicago
Schlitz Reports Record Earnings for Nine Months
Schlitz Brewing Co of Milwaukee reports record earnings for the first nine months of 1976 with sales near 982 million and earnings of 49.1 million, or 1.69 a share. Net income for the same period in 1975 was 24.7 million, 85 cents a share.
MENTIONED IN THIS ARTICLE
Milwaukee
Jos. Schlitz Brewing Co
Steers and hogs top gains as market reports live cattle prices
St Paul market report shows slaughter steers and heifers higher with mixed stocks. Holsteins, utilities, and cutter cows mostly steady to firm, hogs uneven but steady with contract support, sheep lambs firm to higher on choice and prime lots.
MENTIONED IN THIS ARTICLE
South ST. Paul, Minn
USDA
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la Crosse
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Potato Markets
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American Airlines
American Tel & Tel
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Chrysler Corp
Control
Deere & Co
Dia Eastman Kodak
Exxon Corp
Fed. Nat'l, Mf
Sie
General Electric
General Motors
Great Northern Nekoosa Dy G. Heileman Brewing
International Bus Machines
SS. Kresge BM
Mgic Inc
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St. Paul Livestock
ED Control Data Corporation
S. Fourth Street
Tym
Credit Life
Commercial Credit Plan, Incorporated
Doug Farmer
Aera le
Happy Sleeper
Schweiger
Grants
Townhouse
Ward Ave
THURS