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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Oct 26, 1976
Page
6
Chicago AP report notes nervy trading on the CBOT as wheat and oats fell, soymeal eased while oil fluctuated. Early gains in soybeans faded with closing prices showing broad declines from firm opens. December wheat 7.80, oats 1.65, soybeans 6.53, December corn 2.63.
Insurance firms faced slim life premiums and heavy property casualty losses yet steadied by investment income. Aetna earned 107 million after tax, Travelers 97 million, while Prudential and Metropolitan each exceeded 2 billion from investments. Top 7 in 1975 premium totals show Prudential leading at 5.8 billion followed by Metropolitan, Aetna, Travelers, Equitable Life, State Farm, and Allstate. State Farm, though auto insurer, posted 130 million earnings from investments despite 90 million auto underwriting loss.
Selected Quotations from CHICAGO AP list No 2 hard winter wheat at 2.7134 on Monday and No 2 soft red at 2.71. No 2 yellow corn quoted at 2.47 and 2.45 for hopper and box. Oats No 2 heavy at 1.564 and soybeans No 2 yellow at 6.34. Friday quotes for No 2 yellow corn were 2.46 hopper and 2.44 box.
Birth notices from La Crosse St Francis Hospital report a son born October 21 to Mr and Mrs James Christen of 813 South 17th Street and a daughter born October 22 to Mr and Mrs Joseph A Vinson of 2160 Sand Lake Road Onalaska. Carol M Schmitz and Janice Kelly noted as sources.
Livestock numbers and price ranges for cattle hogs and sheep reported by AP from St Paul Minnesota. Slaughter steers 1150 lb around 40.00. Holsteins 34.00-34.50. heifers 38.50-38.00. cows 20.50-22.00. bulls 28-29 with some up to 30. Feeder pigs 31.00-32.00. hogs mostly 31.00. sows 25-26. sheep slaughter lambs 40.50-42.00. ewes 10-12. feeder lambs 44-47.00.
Milwaukee AP reports cattle prices mixed with steers 36.00 to 39.50 and heifers 35.00 to 38.50 while Holstein steers run 31.00 to 33.00 and dairy cattle 24.00 to 26.00. Calves sell 40.00 to 60.00 for top grades. hogs steady with light butchers 29.50 to 31.50 and sows 24.50 to 25.50. lambs steady to down with good to choice 34.00. Estimated Tuesday receipts: 90 cattle, 700 calves, 300 hogs, 50 sheep.
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