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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Oct 30, 1965
Page
6
The listing shows UPI data for Friday with New Highs 93, New Lows 21, Advances 658, Declines 479, Unchanged 259. Totals 1396. NYSE sales Friday 7,240,000 and bond sales 13,450,000.
The stock market posted a ragged week yet finished higher led by blue chips. Dow Jones rose 8.40 to 960.82, S and P 500 up 0.44 to 92.42, with volume totaling 35,999,220 shares as traders noted widespread gains including Chrysler and Sperry Rand among active movers.
Soybeans, wheat, rye finished mixed while corn and oats held steady on Friday trading. USDA raised 1965 world soybean output to a record 1.2 billion bushels, spread trading and commission house activity shaping the day as markets reacted to reports of sales to Russia and ongoing hedging.
Hogs 5 000 head moderately active. Barrows and gilts steady to 25 cents lower. Sows steady. U S No 1 2 190 225 lb barrows and gilts 24 00 24 35. Cattle and calves trading steady to 25 lower with 12 loads largely prime slaughter steers 28 50 28 75. Sheep small ewe prices 4 00 8 00. slaughter lambs 90 100 lb 24 50 25 00.
The Public Service Commission authorized Thorp Telephone Co. to raise rates by about $14 000 annually to cover higher operating and investment costs. Arcadia in Trempealeau County also received permission to raise water rates to offset losses.
A dense listing of mutual fund and stock prices from various funds and brokerage groups including Keystone Inv Bl and Franklin Custodian. The data shows latest quotes and previous close across numerous funds such as Am Grth, Cap Inc, Col Fd, Dreyfus, Fidelity groups, and national fund lines with varied price changes.
The La Crosse district office of Metropolitan Life Insurance Co will open for public inspection Wednesday at 118 S 7th St in a colonial style red brick building owned by Mr and Mrs L B Bert Rowley. District Manager John S Perlich said the ground floor site will offer better service and the office will be connected within three years to the New York main office via an electronics information network with a local communications console for up to the minute records.
Treasury data show this year’s withdrawals 44.01 billion dollars and deposits 35.04 billion with a 6.19 billion cash balance and public debt at 320.14 billion, versus last year’s withdrawals 41.13 billion and deposits 92.40 billion. Internal Revenue receipts on Oct 26 totaled 136.92 million.
Sylvia Porter explains how deductions for charitable contributions include property such as stocks, bonds, merchandise, and more. The piece outlines the benefit of donating property versus cash, including examples with stock gains, merchandise markups, and bar gain sales to maximize tax savings and minimize capital gains.
Harry J. Vruwink 65 of West Salem retires Friday after 28 years with The La Crosse Tribune. He joined the circulation dept in 1937 and moved to display advertising in 1941. Born December 30 1899 he studied at Wisconsin Memorial Academy and Hope College. He and his wife Frieda plan to move to Muscoda where their two daughters reside. He has served as Tribune Credit Union treasurer and secretary and is an elder in two churches.
Mrs. Harold Hansen was elected treasurer at the PTA’s October meeting. The school announced a book fair scheduled for November 19 and 20.
Weekly issue highlights scheduled national advertising to appear in this newspaper. Distributors and dealers urged to align promotions with the advertisements. Products listed include Beltone Blue Ribbon Brandy, Chateaux Cordials, Chevrolet, Copenhagen Snuff, Dean's Pills, Dodge, Early Times, Frostie and others.
Norris Ver nier takes over Conoco Service Station on Superior Avenue in Sparta. Larry Birkholz named new station manager with Dwight Moseley assisting. Home Oil Co. to build a new West Clifton Street station replacing a small building. Martin Holgate to manage Viroqua J C Penney store, succeeding Harold Merritt who moves to Paris Illinois. Merritt served 42 years in Viroqua and leads civic efforts. Ulysses Savor named VP at Sparta plant. company expands with 75 workers at Milwaukee Street facility, the region’s largest custom vacuum plating operation.
The Radford Company of Oshkosh received a plaque from Wepco President Harold Horowitz for joining Wepco's $3 million Distributor Club. Charles M. Radford accepted the award at the Radford offices. the firm operates in Oshkosh since 1879 and runs service centers in La Crosse Duluth Fargo and Bismarck. Travelmats of America named Louis Bantle’s in La Crosse as a notable traveler stop after inspecting local facilities.
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