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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Oct 30, 1975
Page
5
A growing trend shows leasing replacing buying for cars TVs and other big items. By 1980 about 40 percent of cars may be leased. Laws are being tightened to require full disclosure of lease costs and limit end of term liabilities.
Cattle and calves shown at St Paul with varied price ranges: slaughter steers 39.00-44.50 per 100 pounds. slaughter heifers 42.00-45.50. cows 20.00-22.50. bulls 23.50-27.00. Hog prices mostly down 2.0-4.0. 180 head unsold. 240-260 lb pigs 51.00-53.50. Lambs steady, slaughter lambs 46.00-47.00. ewes 6.00-9.50. feeder lambs 42.00-47.50.
Fears of a New York City default ripple through tax exempt markets as states like Massachusetts, Connecticut, California and Oregon pay higher rates. Refunding maturing debt and housing agency refinancings loom as 1974 into 1975 challenges grow. Confidence erodes while ratings remain independent of actual investment.
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