Skip to main content
The largest online newspaper archive
A Publisher Extra® Newspaper

Green Bay Press-Gazette from Green Bay, Wisconsin • Page 4

Location:
Green Bay, Wisconsin
Issue Date:
Page:
4
Extracted Article Text (OCR)

Friday, Aug. 3, 1973 Green Bay Press Gazette AS Car Industry Cumicek Named At Seymour Bank SEYMOUR John Cumicek has been named vice president at the First National Today's New York Stock Exchange Setting Records the only ones participating in Gardner. Denver 15' 22' 241. V. 2BH I9l' '4.

Gen Dev Giddingstnd Lewis G. Heilmena Brewing Lilly. Ell tnternet'l Mln nd Chem Interstate Brtndt Ideal Toys Johnson Serv. Lyket-Youngstown Leaseway Transp Mac Douglas McDermoltJ. Ray T4ev't (tack uolattem ere rkes We New Ye Tim.

DOW JOUti 1TOCK AVEKAOIS United Press Interiwtleiiol Wind Tr ItUtiltS-ttfcl 11a.m. tot. 16 163 )1 97. ViU Net cho. -191 0.1 -0 Pel.

che. -0 4) -0 54 -0 12 XES HEW YORK (UPI Standard tV Poor's hourly Indenes for Friday. (141 43 eauols 10). 4JJ-lnd IS eO-Utll 500-ttkt II O.m. 197 34 11 51 31 106.36 Prv.

close II 34 6 51.3 106 67 NEW RlT (UPI Sit7tctd I lock en Iht Now Vork Stock Enchange. Soles Net PE High Low Lost Chg. 18 Raveo 1 I Rep. Auto Parts I' RLICorp $'i Scottish Inns Seven-Up 28' Taylor Wine 50H Tiburon Vintners Tiffany and Co, Tysons Foods 171 Vaughan-Jacklin 14 Waibro 4' Weight Watchers Midwestern Gas 17' Mine Safety Appl Myers Ind 4' NN Corp. of Milw 27' Nat By-products 24 Nai Mint) Wisconsin Stocks 10.1 10:00 A.M.

THURSDAY PRICES Assoc. Bank Services 8 Banta. George Bergstrom Paper 15' Capital Inv 3 Consolidated Paper Enterprises, G.L 1' Fiduciaries 5 Gateway Transp 10' Godfrey Corp 11 Hallmark Ins Krueger, W.A Lake Sup. Dist. Power 11 LarsenCo 25 Madison Gas 14' Manitowoc Co I6V4 Marcus Corp 12- Marine Bank 27' McLoone Metal 7' MooresFood 4'.

Mortgage Assoc t4V. Mosinee Paper 12 N. W. Class 53 M2 29 7 5 5 20 7.2 14 4 21.4 70 2 MGICCorp 76 4 MirroAlum 15 4 Mohawk Data 5 1 Marouette Cement 8 2 Nat'lCan 11. 1 Nai Homes 4 5 North Central Air 4 Ni.

Mohawk Power 14.4 W. Airlines 22 4 N. W. Ind 22.4 Pitney Bowes 12 6 Ramada Inn 5 Saxon Ind 4 7 Schliti 44.7 Sola Basic 14 6 Super Valu ui Telex 14 Tool Research 21 4 S. Homes 7 Univ.

Oil Prod 22.5 Wang Labs 20 5 Wis. Elec. Power 22 5 Wis. Public Service World Airways 4 American Exchange NEW VORK (UPI) Selected stocks on the Americon Stock Exchange. Sales Net 7' '( 15' 34'- 1 6' 341- 8'- 264 15H 26- 14 9i 7' 7' 914 24.

21H- 1 V. 9H 90'- -114 -1' Mi 1614- Vt AMC Sets Sales Mark DETROIT. Mich. (AP) American Motors Corp. Tu.es-day reported earnings before extraordinary credits of $10.5 million for the nine months of fiscal 1973 ended June 30.

the highest In 13 years. Third quarter earnings after taxes were reported at $16.9 or 61 cents a share. This compares with earnings before extraordinary tax credits in the 1972 quarter of $7.8 million or 31 cents a share. The net sales by the company in the third quarter were $472 million, compared with $376 million In 1972. Net sales for the nine months were a record high $1.4 billion, compared with $1 billion for the same 1972 period.

"The demand for subcom-pact, compact and models will remain strong in the coming year," said AMC President William V. Luneburg. "This should make it one of the better years in industry history in market areas where American Motors has established a complete product position." Queen Picks Grandson of Man O' War OTTAWA (AP) Queen Elizabeth has chosen a great-grandson of the famed racehorse Man O'War to replace the horse she rides in parades and ceremonies. The queen picked Jerry, a three-year-old black gelding 16 hands high, from five choice thoroughbreds at Royal Canadian Mounted Police stables here. Jerry bobbed and weaved as the queen, a noted horsewoman, patted a white star on his forehead.

The queen was obviously pleased as she surveyed the muscular lines of the horse, which will replace her retiring gelding, Burmese. Her new horse was presented the police from the New York State Jockey Club in 1969. (hds) High Low Lost Chg. A Petrol. 1012 2 34' 34' 34'' ArkLaGI 30 7 6 20 Austral Oil 17 SO 16' 15' IS.

Bonlster LII2 186 25' 23' 24 Broscan lg 5 9 18' 18 18 Buttes Gas 29 22 24 23' 23 Cal Comptr 2 8' Cornatn .88 26 5 84s 84' ChmpH.07bl3 55 6' 6' Circle K.2615 5 13' 13' 13' CombEaulp20 17 23' 24'. CreoleP2.2011 3 18' )8' 18' DovMn.10d 34 4 9 9'. DlxlynCorp 6 5V 5V- OomePetro79 20 35V. 35' 35' Find SB 20 5 5 12 12' 12 FlscherPt5l 9 1 in 111 llv- Ford Can3a 6 260 96 96 96 V. Frontier Air 6 2 5' 5' 5' Gen Cine, 3211 7 21 20s 20i HuskvOI.1516 21 25' 2S 25 Kaiser In2k 6 1143 7 64 7 Lee Natl CD 20 10 5 5 5 34 8 8 V.

27 6' 6' 5 41 4 V. OKCCp.80a 6 8 OOkepl.67blO 150 7414 74V. 74V. 'j PacNWl.04 10 1 14 14 14 Rem Ar.80 9 1 10V. 104 104 V.

SambosRes28 20 21 20V 21 Solltron.06b24 7 4' 4 4' SoundCp.40 6 1 14' 14'j 14' Stathomlns12 2 14'. SvntexC.4035 112 99' 101 14 Techncolor 8 14 8s Bi 8V TWA 64 7' 6H 64 Utah Sor. 4076 I I0 10 10 Vlkoa lncor54 2 5' 5 5' WvoBnc.44 9 2 10s 10s 10s' Yates Indus 10 25 16' 16' 16' JOHN CUMICEK Bank of Seymour by Its executive officers. A 1961 graduate of Seymour High School, Cumicek previously, was a bank examiner with the State Banking Commission in Madison, Appleton and Milwaukee. After graduating from St.

Norbert College in 1965 with a degree in business administration, Cumicek served with the Pershing Missile Unit in Germany. Bemis Reports High Earnings MINNEAPOLIS Bemis diversified flexible packaging manufacturer, reported record sales and earnings for the second quarter and six months ended June 30. Earnings for the second quarter were $3,777,000. or 82 cents per share, a 40 per cent increase over earnings for the three months ended June 30, 1972. of $2,690,000 or 59 cents per share, prior to extraordinary items.

Sales for the 1973 second quarter totaled $123,842,000. and 18 per cent increase over sales of $104,566,000 for the same period a year ago. For the six months ended June 30, Bemis reported earnings, prior to extraordinary items, of $6,552,000. or $1.41 per share, a 33 per cent in-crease over earnings of $4,929,000. or $1.07 per share, prior to extraordinary items, for the 1972 six months.

Sales for the six months period totaled $240,212,000. a 17 per cent increase over sales of $206,093,000 for the 1972 six months. Pabst Brewing 46V 47' Post Corp .124 13' Presto Prod 9' lO'i Realist ll' StaRite 12' Time Holdings 23' Unlcare Univ. Telephone 3 3' Valley Bancorp 18 1 Western Pub 17' 17V Wis. Fiinance 10' 11' Wis.

Power and Light 19 lv4 ZeiglerCoal 54' 56V Commodities Livestock MILWAUKEE (AP) Thursday's cattle market closed fully steady; good to choice steers 48. 5054. 00; good to choice heifers 46.50-51.00; good holstein steers 48.00-50.00; standard to low good steers and heifers 46.50-47.50; dairy heifers 43.SO-4S.00; utility cows 40.0043.00; canner and cutters 35.50-40 00; commercial bulls 48.00-50 00; common 46.00-48.00. Calves: Thursday's market closed steady to 4.00 higher; choice calves 74.00 80 00; good 68.00-72.00; feeder bull calves 115.00-130.00; feeder heifer calves 115.00-125.00. Hogs: Thursday's market closed steady lo weak; lightweight butchers 5 top 57.50; heavy butchers 54.50-56.00; light sows 48 00-49 50; heavy sows 45.50-48.00; boars 37.00 and down.

Lambs: Thursday's market closed fully steady good to choice 36.00-38.00; common to utility 16.50-25.00; culls 14.00-16.00; ewes and Bucks 8 Estimated receipts for Friday: 100 cattle, 25 calves, 200 hogs, no sheep. SOUTH ST. PAUL, Minn. (AP) Cattle and calves: slaughter steers and heifers moderately active; steers unevenly weak to 1.00 lower; heifers mostly steady; cows steady; bulls strong; vealers not established; short load of high choice 1,194 lb slaughter steers 55.50; a few loads, mostly high choice, lb 55 00; most choice 1.000-1.300 lb 51.50-54.50; mixed high good and choice 50.00-51.50; a load high choice including a few prime 1.000 lb slaughter heifers 51.00; choice lb 50.0052.50; mixed high good and choice 48.50-50.00; utility and commercial slaughter cows 39.50-41.00; cutter 37.50-40.00; canner 13.5037.50; a few 1,7002.000 lb Slaughter bulls 48.0051.00; 1-2 Hogs: barrows and gilts moderately active, steady; U.S. 1-2 10-240 lb 59.00-54.25; 13 190-250 lb 58.50-59.00 2-4 240260 lb 58.25-58.75; 2-4 260-280 lb 57.50-58.50; sows slow, steady 50 lower; 1-3 300-400 lb 50 00-52 00; 1-3 400-600 lb 49.00-50.50; boars uneven 3.00-4 00 higher 45 0047.00.

Sheep: 600; slaughter lambs fairly active 1.00 higher; slaughter ewes and feeder lambs moderately active, steady; choice and prime 85-1 10 lb spring slaughter lambs 42.0043.00; eood and choice 40.0042.00; utility and good slaughter ewes 12.00-15.00; few choice and fancy 55-90 lb feeder lambs 35.00-37.00. MADISON (AP) Wisconsin egg market Thursday: steady; demand mostly. V. 1 V. 1 1 V.

25H- '4 'j Local American 10:00 A.M. Thursday Prices AO Ind Alaska Air Asamera Calcomp Extendicare Huffman Mfg Interstate United LeascoData Ling Temco Vought Mo Beef Packers Mobile Homes Nuclear Corp. of Am Peabody Gallon Reserve Oil and Gas Riley Rockwood Computer STPCorp Superscope UlPCorp U.S. Leasing Midwest Exchange 1 Vi 123'-1 V. 131- lt 25'- A.M.

Thursday Prices i CHICAGO (UPI) Following prices on Iht Midwest Stock Exchange: Sales By JOHN CUNN1FF NEW YORK (AP) Despite price restraints, costly safety controls, a high Incidence of recalls and the Imminence of antipollution devices, the automotive Industry is running up records like an odometer rolls up mileage. Reports from each of the country's four major manufacturers are as loaded with superlatives as some of the new car advertisements. In the second quarter, for example, General Motors secured its position as the world's largest manufacturer with record sales of $9.6 billion, record high employment of 813,000. and record payrolls of $2.6 billion. About the only disappointment in the GM report was a $20 million decline in profits from the first quarter.

Nevertheless, the $797 million of net income was $74 million above the year-earlier period. Ford reported second-quarter sales and earnings higher than ever before, more than $100 million higher than in the same period of 1972. figures: sales $6.27 billion, earnings $394.2 million. Chrysler reported sales and earnings higher than in any previous second quarter. Sales jumped to $3.18 billion, and net income rose $40.2 million to $108.6 million.

American Motors, which had all but sputtered to a stop a few year ago, respnded to the vigorous market with April-May-June sales of $472 million, about $96 million more than a year ago. Earnings more than doubled to $16.9 million. American companies aren't Van Donsel Is Named At Despins Leo E. Van Donsel has been named executive vice president of A.J. Despins and Sons.

by its board of directors, according to Bernard W. Despins, company president. Van Donsel has been with the firm for 20 years, starting mm xjf LEO E. VAN DONSEL as a carpenter and progressing through to superintendent construction. He was named treasurer in 1969 and became a member of the board of directors that same year.

He is a native of Green Bay graduating from Central Catholic High School. His wife and two of his eight children reside at Rt. 1, Oneida. Despins also reported that Karl Despins has been elected treasurer of the company, a Green Bay firm for 53 years. He said the addition of Van Donsel to the area of overall, direction and company planning allows Karl Despins to assume additional responsibilities in the management and development of two affiliated companies Despins Properties.

Inc. and Renee Despins Realty, Inc. Cardwell Heads Social Security WASHINGTON (AP) President Nixon has chosen James B. Cardwell, a civil servant with almost 30 years in government, to be Social Security commissioner. Cardwell, 50, was named to Thursday to succeed Robert M.

Ball, who resigned last March after 11 years in the KC So Ind2 7 1 26 26 KonNebl.1710 I 15' 15' KonPLII 4810 3 22' KayserR 60 2 12 12 Kenmtl 1 2021 1 24'. 24', Kencottl.40 8 36 28' 28' Kerr Me 6078 40 64'-. 64 Kldde 60 6 2 19. 19' Kim CI 1.2011 13 31 39' Alrl 5 39 394 Kopoer 1 81 7 1 34 34 Kroftco 1.7711 4 43' 43' Kresge .7035 71 361 36 Kroger 1.1017 27 16i 16' LearSiee 78 7' 7' 14' 15' Leh Pt 60 tehmn 1'ib LlbbyO 2 70 7 Llbby McNI 50 Llgg My2'10 Litton 2'l 8 Lockheed 5 LoewsCl.16 7 Lone Indl 4 Lon StGl.4610 LTV Corp 6 Lucky SI 5412 LukenStl 80 Lyke Vgstnl4 14' 15' 34 6 34' 8' 6J 27 IS' 27 111 IV 34 6' 341. 81 7t't 15H 261 91 11' 231 1014 71 43' 12 32- 19 36 25'- 67' 11 31' 26H 1 30' 23H 25' 1 7' 7' MocMll.lOb 7 Mad Fd.SSb.

Mognov .6014 Mar Oil I 60 9 Morcor .90 Mar Midi 80 8 MortMrl IS 7 Massev.30b71 May DSI 60 Moytogl.lOU McCrovl.20 4 McDonO.40 6 McGrEdl'll McGr HI. 48 10 Mead CD. 60 Merck 1.1841 Inc 19 Mid SoUl. 1011 MlnnPLI.46 8 MobilOI2 80 9 Mohscot.20 Monogrom 6 Monsanto 211 MorrsK.40b 4 Motor ola. 50 22 Mt Fuel 1 8023 MtStTell.36 MurpCol.20 8 Noblsco2 3012 Natl Alrl.

20 7 NatCash.40.. NotDiilll 90 9 Natl Gen. 50 5 Nil Gvol.05 7 Natomas.2546 Nev Pwl.35 8 NEnoEII.68 9 12 7' 7' 18 10 J. 29' 27' 241 161 21' 371 78' 18' 28' 1S1 91 18' 29' 22 24' 16' 2t'i 32i 28' IS' 21 28' 9H 15 "4 90 18' 39 16 70 14 1 4 6 16 5 12 6 46 10 5 10 1 181 5 12 182 4 50 1116- 12'- Vi 45'- 44'- 35H- 7' 33H- 'A 20' 13 49' 4- V. 13 26'.

4i 22H 23 3' 20i 1, 281 29 84 1'- 10 8'- V. 22' 22' 85V 851 19H 191 58 20 6i 57i 17' 56' 60 57 54' 80' 20' 1 1 20' 7 17 1614 -N 59 42' 41V. 16H 37i 131 281 13 45' 26' 22i4 37H 13' 12' 45' 22s 141 14 24H 29i 'A 9' 20H 26 I5H 28'- Vi 16' 4' 27 V. NlagMol.1410 NL Indust 1 NorfolkWsS 7 NoNtGs2.60 NoStPwl.8410 NwBon 1.6015 NortnSl.tvblS 14' 14' 19 611 60' 71 35 6 27' 27' 49 27 291 29' 122' 19' 121 224 24 30 V. 15' Vi 9'- 65' 13' 241 22' 31 12' 151- V.

9 28 31' 227V- Occld Petri 19 28 9 91 OgdenCp.60 7 2 14' 14' Ohio Edl.6010 OkloGEI.3213 OkloNG1.32 9 Omarkln.20 6 Or Rckll.2011 Otis El Co2l0 OutbdMI.08 9 OwenCF.81 IS Owenllll.48 8 PacGosI 78 8 Pac Ltgl.68 PocPelrl.5071 Pac Pwrl. 6010 PC T8.T1.20I0 Pan Am Air. Panhdl 1.90 8 Penn Pennev 1.1227 PennDIx .20 6 PennPL1.68 8 Pennzoil.8010 PeooGs2.24 7 PepsiCol.2027 Pfizer .64 30 Phelp D2.20I0 PhiloEII.6410 PhllipM 1.3025 PhllPetl.30 24 Plllsbrvl.5212 Pltnev B.6812 Polaroid .3792 PPGIndl.70 7 Pullmonln213 PurexCp.84 Purolatr .88 16 Ralston .751 Ravthon .70 9 RCA Corplll RepbStll.20 6 Revlon 1.0821 Rev Ind7.68 9 Rev Met. 40 36 RoanSt RochGsl.24 8 Rockwlll.60 7 RohmH 1.1221 Rohr Ind. 80 9 RovIO 1.08b 13 13 20V 20' 24'.

2 1 1 8' 8' 5 )5'4 IS' 31 42 41 374 371 44 434 33 3 10 51 54 26 2) 751 21 11 31 12 22. 13 22s 16' 1 16' 30H 17 231 214 59- 33 55 6' 64 4 31 2 79' 5'. 21 "4 21 29' B4 49 44' 7 2' 15 804 4 5' 15 2I" 84 21" 19 291 10 85 168 49 19 44V 30' V. 24 IS 2P4 127 20 41 124 I' 123 17 471 43 25- 444 1 12' 109 51' 51' 2 46' 46' 16 12 12' 49 130. 130'.

20 32s 321 19 112 23 22' 22 22' 7 61 69. 22 14' 131 1 42 42 V. 11- 19' 27' 79' 16 29' 22' 11 14 1 26' 8' 26 1 29- 21' V. 17'- 17 4P4 4P4 5 25. 25' 81 25 25 5 23 23 651 64.

64' 93 50' 491 1514 6' 27' 97. 141. 451 15' 6 271 14s. 45'. Safewv 1.40 9 StJoMin 1' 9 StRegis 1.6011 Sander Assol4 Song Ele.60 8 Saf In 1.60a 7 Scherlng.6248 Schlumb.6052 SCM Crp.40 7 ScottPop 5610 Seors ShellOII2.40l2 SierraPc 66 9 SienalC.60g 9 SimnsCo 88 9 SinoerC2.40ll Smithkllne217 CalEdl.54 8 SouthCol.34 9 SoNtResl'j 9 SoPoclt2 16 So Roll 1.77 6 SowstPS.8211 Sp Rand.

6617 Square la 20 Squibb 1 56 30 St Brndl.7315 Std Oil COI310 StdOlnd2.68l3 StdOhlo2.7020 SterlDre.58 28 StewWnl.85 StudeW1.32 5 Sun Oil Col 11 SunshineMi 100 31 17 21 32 31s 28't 41' 91 12' 24'. 28' 41' 9s 12' 24' 851 37 86 12 114 113' 113' 47. 5 X39 32 13'4 13'. 54'. 11'.

20'. 19'. 54. 591. 21 17'.

46 29'. 36. 1IJ. 46' 4 79' I3' 13' 98. 54' IP.

20 19' i 541. 59' 21 17'. 45'. 29' 11'. 46 29' 13' 1834 1 88'- i.

53- 4 43i i 4 IS 11 56 9 6 81 26 78 13 18 194 9 5 16 19it 2l't 12. 99', 99: 50 50 69' 66s. 315 29 82. 17 109' 34" 29. 1 4 27'.

3714 46' 4 27' 3714 IS5. 27'. 274- 1 1, 29- 17'. '4 92'- 371. 46' 16 16 T.

TondyCorpl2 72 20' 20'4 13' Teledyne 31 7 Teneco 1.36 9 Texoco 1.72 9 TexETrl.5814 TxGasTI.64 7 Texlnstr.5637 TexUtil I 04 14 Texsgulf .6019 Textron .96 Thiokol .50 6 Tlmkn 1.80a 8 TroneCo.9612 Trnsom .55 9 TronUn 1.4424 Trans WAIr 6 TrlCon2.4lb.. TRW 1n1.04 9 TwCFx 16 42 13s. 23 22. 8'. 4 7'.

20'4- I t- 1. 208 31' 11. 42 46 451 10 25'. 25' 44 106 55 2 105' 4 105. 28' 78J4 105 14 10 26 105 25 90 3 145 65 22 143 IS 1 12 14 14 21 4 27 26 11 56 41 2 1 7 6 I 7 46 26' 21.

16' 4414 12' 15' 26' 21'. 12'. 16' 44' 124 15' 4 21 27' 27'. 24' 24' 81 3'. 5-30 70 37' 16' 38' 574 12' 28' 8'.

8s 214 12'. 29 144 18' 23 964 44'. UAL Incoro 1 UnCorb2.l0 9 Un Elect. 2812 UnOCal 1.60 Un Unirovol.70 7 Aircr 1 80 6 Ufd Bronds 8 UnCorp.47b.. US Gvpl 60 7 US Indus 65 5 USSteell.60 7 US Tob .7610 UniTel 111 UnivOilPro17 Upiohn .8847 Utah Intl 44 2 UtahPL2.24 UV Ind la 6 VarianAssol4 Vendo 20b VictorCC.5012 Va Elect.

IB Walgreen 1 6 WarLm. 72078 Wash Wl 4410 WstAlr.lSe WsBancl.40 8 WUnionl 4010 Westg El 9716 Wttvoc 1.0513 Weverhs 661S WheiPitt Stl 5 wnrlpool 5814 Whit Con 60 6 WhlteMotor Whlttakr Cp II Wickes Cpl WinnDxl 2616 Woolwhl.70 8 XeroxCp 8B4S 2oieCorp 68 9 Zavre Corp 6 ZenlthRI 5213 Zurn Ind 28 15 20' 16' 16 17' 28' 8'4 8'. 12' 28s. 14' 18'. 20'4 17 16 17' 12' 28' 8 21.

12' 28V. 14' 18' 22? 22 95' 96 44 44 "4 36 36 26' 284 36 284 22'- IIs- '4 4'4 124 12' 12' 8'. 8' 8. ir. 10' 18'.

IB' 18' 16 48'. 20' I 9'. 27. 17'. 35'4 27 16' 47' 20' 1 9'4 16 47' 20' 9' 27l I7's 35'.

26'. 65'. II'. 31 13'. 7 3.

IB'. 21'4 271 17', 35'. 26': 65 II', 30' 4 13'. 9'. 3s 18 32'.

21'- 1. 4 1 1 i- 1. 30'- 8'. 65'. 12 31 14 10 3.

18 33 71'. -xri 73 157'. 20 19'. 19'. 7 12' 12'.

12'. 4 37'. 37i. 37. 6 14'.

14. 144 26 64 39 14 43' 16 16 14' li 23i 10 29' 16' 32i 2Bi 18' 21 28' 15'. 18' 221 85H 191 571 6' 57 17' 55 80' 20' 4114 16' 37' 13' 281 13 451 26' 221 14' 14 61'. 3S 27' 60'. 29' 9' 14' 20s 24'.

19'. 8' 15' 42 17V 44 31 21 32' 22 16' 6' 31 2' 7' 5' 21' 21 2i 844 49 19' 53' 46' 12 130' 32i 112' 69. 42 41V. 25 23 15' 6' 27'. 97'.

14H 451 31' 28 41'. 9s 24' 85. 98. II'. 20' I9'l 541 59.

21 17' 46 294 36'. 11'. 46 29. 50 68. 20' 13s.

22' 31' 45' 26' 21 I2'4 36'. 44 124 35'. 27' 24'. PORTER Financing House Know-How I 4 2 50't IB1 17 7 14' 18' 41' 7' 28' 25' 8l4 10' 16' It 2' 5' 11 11' 7' 9s 11' 26' 14' 171. 13 28' 8' S.

IS' 12' 55 At a time when mortgage rates are spiraling toward historic peak's and prices for new and old houses are surging ever higher, the fundamental question that must be answered honestly and at the start by any of you now planning to buy a home is: How much house can you afford? Your home is likely to be the biggest single investment you'll make in your entire lifetime. The mortgage you take on to finance it is likely to be the biggest single debt of your life. And the monthly payments you assume on that mortgage are likely to be the biggest single item in your budget. To dramatize the point even more, government estimates are that it costs almost twice as much to own a home today as it cost 20 years ago 91.7 per cent more in '72 than in '52. The amount we owe in mortgage debt on non-farm homes was up to an awesome $303 billion at latest reporting date in 1971, an upsurge of 110 per cent since 1960.

One in three homes is mortgaged and the ratio of the mortgage loan to the price of a new house is now at 78.6 per cent against 71.7 per cent as recently as 1970, and on an old house is 77.4 per cent now as against 71.1 per cent in 1970. Surely, you need no more documentation to illustrate that before you start shopping for a mortgage, you must decide how much mortgage which really means how much house you can afford. This goes beyond the down payment and beyond the monthly payment to your entire mortgage obligation over the next 20 to 30 years. One long-standing rule of thumb for the average American family is: You can afford to buy a house costing roughly two and one-half times your gross (before tax) yearly income. For example, if your gross annual income is $10,000, you can afford a house costing $20,000 to $25,000.

If it's $20,000, your range is $40,000 to $50,000. (Note, however, the mobile house boom has sharply reduced the overall average that homebuyers are actually paying to 1.7 times gross annual income.) Another formula is based on the premise that the above rule of thumb does not hold in this era of high real estate taxes, and It suggests that: Your monthly mortgage SYLVIA Takes the boom. While total saie: through June in the U.S. mar, ket are expected to op million units when all reports are in, close to one million of these are imports. Offsetting the Imports was a stronger showing abroad by U.S.

manufacturers. GM, for example, reported "unprecedented worldwide sales and record profits from overseas operations." The big question now Is how long the boom can continue. More than a few analysts of the automotive Industry believe that today's records are, to some extent, at the expense of tomorrow's business. Surveys suggests that this is just what is happening. Convinced that future prices will be higher, and the product less efficient, some buyers are in effect buying tomorrow's car now.

If car makers are worried about this they don't show it. Early compilations suggest that the third quarter will be another record breaker, and that strong sales might continue well into 1974. But later in 1974 the car markers must contend with the reality of pollution control standards. It is at this point that buyers might balk, waiting for the next guy to make a test run before commiting themselves. There still are a few question marks about these fore-casts of many vigorous months to come.

First is the labor situation, with contract talks now under way at GM. And then there is the question of gasoline availability. Wery Moves To Clairmont's Local Office Elmer J. Wery. vice president of commerce for Clair-mont Transfer in Esca--naba will be transferred to the firm's Green Bay office next week.

In making the announcement. Irwin C. Olsen, vice president and general manager of Clairmont Transfer, said the move will save time and travel costs and better coordinate Wery with state and federal regulating bodies. Wery joined the firm in 1955 and has handled various sales and traffic duties. He was appointed director of traffic at the Escanaba office in 1964 and vice presideent of commerce in 1968.

Wery, his wife and their daughter will reside in De Pere. Agreement Near on New WU Contract WASHINGTON (AP) Tentative agreement with twp unions on a three year contract calling for an 18.5 per. cent Increase in pay and ben-, efits was announced Monday night by the Western Union -Telegraph Co. Company spokesmen said the settlement still must be ratified by the United Telegraph Workers, which repre- sents 11.000 clerks and techni- cal personnel, and by the Communications Workers of America, which represents some 2,000 employes with similar jobs in New York City. Contracts between the company and the two unions ex pired Friday night.

The proposed new contract would be retroactive to July. 28. It calls for raises in wages, and benefits of 6.5 per cent the first and second years of the contract and 5.5 per cent the third year. It also calls for a cost-of-living increase in July 1975. Currently, Western Union workers are paid an average of $4.42 cents an hour.

In 1971 company's employes struck for 57 days In a wage dispute. union and 11 against. The NLRB petitioned the Court of Appeals to enforce its order on the discharges. However, the court held that one of the three employes was legally released from his job. Under this decision, his vote could not be counted, and the result of the election was 11 votes for the union and 11 against.

Because the union did not have a majority, employes at Lube Devices could not be covered by the Machinists' Union. The court did uphold the NLRB ruling of unfair labor practices in the release of the other two employes and that the firing was illegal. -A A- Address .60 I Admiral Cp 5 AetnoLfl.7610 Air Prod 5025 Alrcolnc.lO Alcan Alul 17 Alio Pwl.44 i AllldChl.3211 AllledStl.40 7 AMIS CD. 16B Alcoa 1414 Am Hess.JOII Am ABrond? 31 AmBrcst.6411 Am 70 AmCvanl'dlO AmElecl.90 Am Am Hoist .60 7 Am Horn .643 AmHosp.J6.2 A MelClVll Amer Motor 5 AmNGs2 40 I A Smell! 20 Am Stnd.50 Ametek .70 AMF In 1.01 Ampe Cp47 Amstarl.70 7 Anocon.SSb AoecoCo.161 ArmcoSl.70 7 Arms Ck.l41S Ashl OII1. 30 At Rlchfld221 Atlas Corp 48 Avco Corp 4 Avnetlnc.30 6 0I? BakerOII.3771 Bangor Pn 5 Beat Fds 6215 Beckmn .5017 Beech A.

70g 7 Bell Hwl.t4 Bendlx 1.60 Benguet Inc 12 7 2 14' 10. 144 10. 704 43V 12 32H 1 36 85 7 1 71 43' 17 32' 1 3t 22 I 36 26' 25' 9H 28 3 42 67' 33' 67 33 II 37 26 30H 23 25 II' 10 38' 13 261 30' 57 31 25 26' 55 1116 11-16 4 45Vi 45' 4'1 35. 35" 33' 20' 13' IV 201. 13 491 13 26''.

44 221 23 3' 100 4' 3 131 26'4 4ii 221 23 3' 20H 2 291 20' 28' 291 841 1' 10 8' 99 85 4 1' 2 10 4 23 24K. 24' 291 9' 20H 25l 15H 28' 36'. 4' 27 5 79 2 7 4 14 20H 26 1SH 21 28' 36' 4 23 4' BethSt 1.40a 7 Black O1.08 50 Boeing C.401I BolseCascd 6 Borden 1.2010 Bore W1.3S I Bost Ed 2.44 II Bourns Inc BranlfAlrSllO Brls Myl.3773 BrltPet 20 8 Brunswk.2411 Bucv 1.2014 Budd Co .40 4 BulovoW.70 BunkrR.lOb 6 Burl In 1.4011 Burl Burrghs .8042 Camp SI. 1811 CanPoc.74bl2 CaroPL1.5? 8 CorrlerC.5215 Coter Trl'jH Celonese 2 7 Centi SovallO Cent Tel .06 13 Cerra .80 6 Certn td .50 7 Cessna 8 Chmplnt.84 7 ChmpSP.4415 ChaseMon210 Chessl 1.85b 6 Chrvslrl.40 4 Cln Gas 1.64 CIT Fln2.2010 CltlesSv2.20ll City Inv .60 5 Clev EI2.3210 CocaColl.7044 Colgate .54 28 Collin Radio CBS 1.4610 Col Gosl.90 8 Comb El. 51 20 ComSolv.4015 CmwEd2.30 Comsat .6618 Con Ed 1.8010 ConsFdl.3012 Con Frgt.56 8 ConsNG2.03 6 Consm Pw2 Contl AirLn 17 Cn Con 1.60 Contl Oil 1 "7 8 Cont Tel 88 13 Contrl Data 9 CPCIntll.7710 CraneC.SOg 6 5 27 8 1224 122' K10 19' 19' 18 121 121 7 2214 22' 11 24 24 6 30H 1 15' 15' 58 91 28 65' 65 4 13' 13' 6 24H 241 79 22' 22' II 33V 33i II 12" 11 151 15' 2 i 9 11 281 2i, 16 31' 311 48 228 227 8 30'.

30t 2 171 8 231 171 211 59H 32' 13 211 22 59' 13 33 30' 24 15 211 171 17 471 43 25' 22 41 44' 12' 29'. 24 15' 15' 2P 17 17 4714 43 25 214 41 44H 121 30 30' 16 1441 331 33 20' 19' 121 321 27' 784 27 79' 16 51' 22'. 16 29' 51 32' 14 26V 25' 8 "4 254 29 26 33 95 14 22 26' 9 8 8' 14 26 26 29' 6 23 '-4 37' 21V. 17 28 17' 13 7 4 28 17' Crwn ZI1.20 Curtiss Wrt32 Cyprus Ms I 14 29' 291 27' 182 2 27 33 11 28' 14 474 18 24 I8. 19i 50 8814 41'.

26' OonoCpl.36 7 Dorl In.30gl3 Deere 1.40al0 Del Mntl.10 8 Dennisn .80 7 DetEdlsl.4510 Dlam Shm 1 Diebold.40g22 DisnevW.1255 DlstllSea.7021 DrPeppr .24110 DomeMn la 28 DowChem 1 21 Dresserl.4015 Duke 1.4011 DuPont2'bl6 DuaneLI.7210 EoscoC.2Bb 7 Eastern Air Est Kol.08o36 EotnCpl.eo 7 EIPasoNGI 6 8 ESBInc 1.40)0 Esmark .75 7 Essexlnt.64 8 EthvlCorpI 6 ExCell O.9010 Exxon 3b 11 Foberoe .40 7 FalrchCom 17 FolrmtF .50 7 Foroh Mtg FerroCp9011 Fireston 86 8 FsPoCpt 2011 Flemg 0.60 8 Flintkotl.08 7 FloPwr 1.801! FMC CP .85 8 FordM1.20o 5 ForMck.88 6 FreptMn.8020 Fruehufl.70 8 GAC GAF CP .44 6 Gam Skl.30 7 Gonnett .2530 1 28' 20 70 47' I IB 5 24' 4 16 18. 6 I9. 4 50 13 8 4 26' II 92. 2'. 71 54ii 53 IS 431 43 9 19'i 48 165' 164'.

165 8 21' 211 I 13 13 15 9' i 9 121 139! 138' II 32' 12 16 14' 14' 22 294 29. 1 27' 27. 224 17 291 17 92 23 17 291 17'. 921. B'l 8' 52' 51s ll 8' 7', 71, 39'.

70'. 40'. 10'. 18' 37 17' 55't 12' 251 26' 0 3i 11'. 78 38' 21 39'.

20J. 40 10' 18'J 37- 17'. 55' 121. 25'. 26' 263 3' 4 11' 27'.

37. 61 25' 58' GenDynom 7 Gn Elec 1.4021 GnFoodl 4011 Gen Instr2kl5 Gen Mills 121 GnMot2 05b 8 PubUI.60 9 GTE 1.6011 Gn Tlrel.10 6 Go P0C.8O0II Gerber 1.3511 Getty 1.21b?3 Gillette I 5021 Global Mar 12 Goodrich 1 6 GoodyrT 92 6 Groce Wl'ilO Grond 8C GrontWl' 7 GtNNekl.6012 GtWsFin.40 7 Gt West Un Grn Giant 1 10 Grevhd 1.04 8 Gulf Oil 1' 7 8 GulfStUI.1211 6 Ham Poo 5013 Horrlsmtpl 12 Helni HI. 08 1 5 Hercules 8016 Hershy 1.1011 Heubirin.9222 Hewitt P. 2051 Hilton Htl 1 10 HobortM.7216 Hoerner .97 Hotf Electn 8 Hoi Inns. 3015 Homestak 118 Honywl 1.40 21 HousLPI.4013 HowardJ.7021 Howmet .70 9 Idaho 1.86 lOfolBos 80 IIICenlnl.22 6 IN Pwr 2.7011 Imperial Cp INACp2 10a Ing Rnd2 1613 Inlond SII2 7 Into Capo 210 IBM Cp4 4833 9 207 61.

19 25s. 2 19 IB 58 110 47 66s 64' 4 19s 19' 61 30 29'. 20s. 36' 36 20'. 82 36 2 17' 1 113'.

112 60'. I7'i 13'4 591. 16 131. 13. 21 211.

22' 22'. 11' 18 II 46 20' 4'. 21' 13s. 22'4 18'. 25 14'.

30'. 70'. 45 31' 15' 46s 23 23'. 11s 18 II'. 46'.

20' 4 4'4 13'. 22' IB'. 25' 15 30 21'. 45 31' IS' 46' 89 22' 7 30'. 29 8'.

27 30 7 8' 22 47 471 4 1144 1141 17 371 37s 8 20 20 16 12' 12' 6 26' 261 14'4 19. 26 ') 9'4 51 28' 14' I' 25'. 58 261 41 47s 41 212 llO'i lntHarvl.40 8 Intl Mining 13 Intl Nickel 1 19 Int Popl'ol2 24 8 HekCorprlnli 29 79' 10'. 21' 26' 27'. 79'4 It 10' 21' 26'.

174 76 'i Jontren .60 JeflPiiot.4a21 JohnMv! 70 I 5051 JooLogn 10 11 Jones I. IS 7 Joilens .76 Joy Mlg 1.4020 Kols.rAI.5014 II 12' 20 U'4 70' 20 117' 117 117'. 6 ll. li'4 2 17'. 17' I7' 2 I9'4 19' 19' 24 14' 14' 4 14'.

2i ir. im it' 22 41 30 144' 12 51 17 28 291 27' 11 28' 34' 18 24 19s 50 41' 26'. 92'. 13 9 139' 14' 17 511. 39' 40 10'.

18' 37 17'. 55s. 12'. 25' 26' 111. 26 36 21 61' 2S'i 19 19' 17'.

113'. 5914 13i 2P. 18'. 46' 20' 21'. 72'.

16'. 25s IS 30' 21 45 IS' 46. 88 22' 29 27'. 114' 17' 70 12' 26' 14' 19. 9'.

58 1I0'4 10' 16' It 20'4 1.1 6.4 10.4 8 1 7.4 9 5 4.2 2 2 14 11 4 117 17.4 24.5 7 12.7 1.2 8.1 28.4 1.7 22.2 art Net Chg. V. 35.2 24.5 4 fair to good; supplies short to adequate. Prices; grade A large 84-85'; mediums 79-80. CHICAGO (AP) (USDA) Butter very firm; wholesale selling prices Thursday unchanged; 93 score AA 69.25; 92 A 69.25; 90 unquoted.

Eggs: issued only on Tuesday and Friday. MADISON (AP) Wisconsin Cheddar cheese market today: steady; demand fair to good; supplies short to adequate. 8.35 8.24 99 98 11.04 14.79 1148 1.44 5.83 7.11 1.96 .94 11.77 10.42 15.65 8.00 14.01 12.82 17.16 10.10 26.45 4.81 10.64 21.82 .1 7.70 6.70 12.70 8.67, 4.67 4.40 4.40 12.37 5.97 15.05 11.40 44 69 71 20 9.52 8.11 5.67 5.S5 51 84 13.80 lot 14.88 7.65 9 8.12 4.11 Prices: barrel styles 48'4-70; 40-pound blocks 72-74'; single daisies 81-83; midgets 76'j-82'j; longhorns 77-81. CHICAGO (AP) Wheat No 2 soft red 3.95' in; No 2 hard red 3.80':n. Corn No 2 yellow 2 68' in.

Oats No 2 extra heavy white 1.14'n. Soybeans Nol yellow 9. Son. No 2 yellow corn Wednesday sold at 2.78. MILWAUKEE (AP) Potatoes: Texas, 50 56.50; Wis.

Whites, 50 54.25; Calif. No. 1 long whites, 100 $13. SMART CHART by Stansbury I 1 1 I I I I 1 I ll zzzz 1973 lo. Anqel.

fimt "Our new love oil alio cures tennis elbow." Insurance To Locate In Illinois CHICAGO (AP) Nine of twenty-one insurance companies agreed to establish home offices in Illinois rather than quit selling policies in the state or pay a premium tax, the state insurance director announced. (hds) High Low Last Anchor Cupl Conlll Corp 3 27' 27' 27'. '4 106 2 6 1 50 56' 22 74 12' 56 22 56'- 22 7V. 12' Dotronic Rn Hein wernr Piper Jaffry Storr Brdcs W. W.

Grainger 8'. 7V. 12' Northern III. Gas North Central Air V. Mutual Funds 10:00 A M.

THURS. PRICES Am. Express Funds Capital '44 Income Invest 5 Special 'Stock 7.54 Am. Mutual 8 23 AudaxFund 8.22 CGFund 10.21 Century Sh 13.53 Channing Funds Balance XIO.SO Com. Stk 1.32 Growth 5.33 Income 4.69 Special 1.7 Chemical Fund 10.94 Drevf us Group Dreyfus Fund 10.74 Eaton Howard Balance 9.53 Growth 14.32 Special 7.32 Stock 12.82 Fidelity Group Funds Capital 11.7 Fidelity 15.70 Puritan 9.24 Trend 24.20 Investors Group Funds IDSnwO 6.24 IDS prog 4.5 Mutual 4.7 Stock 20.08 Var.

Pay 0.12 Keystone Custodian Funds K-1 X7.01 K-2 6.12 S-2 11.5 S-3 7.2 S-4 4.28 Lite Ins. Inv 8.60 Manhattan 4.03 Mass Financial Services MIT 11.12 MIG 11.37 Mid America 5 46 Newton 11.77 PruSIP 10.44 Putnam Funds Eauitv 8 44 George 15.27 Growth 11.15 Income 7.97 Investors 9.85 Selected Funds Am. Shares 8.20 Special 9.52 Sentry 11.48 Shareholders Group 7.42 State Bond Group Diversf 5.14 Progress 5 08 Union Service Group Broad St 13.73 Nat'l Inv 8 70 Union Capital 00 Whitehall 12.61 United Funds Accumulative 7.31 Income 13.58 Science 6 98 Wash. Mutual Wellington Wellington 1097 Windsor 7.43 Wisconsin 5.5 Ziegier 9.48 'I V. 1 V.

V. V. 1. 1 1 25s- 1 1 21'- 'A V4 V. 1 V.

1 i4 '4 V. 1. '4 1 Over the Counter, 10:00 A.M. THURSDAY PRICES Alanthus 4H Alex, and Ale. 20' 4 21 AiDhatype 7'4 I 8 8 1 1 4.9 14.61 9 16 12.1 8 10.77 8 14.87 15.01 11.94 11 10.34 payment, including real estate taxes, should not exceed one week's gross pay.

Still another long-standing guide is that: You should count on laying out one and one-half week's a e-home pay for each month's total housing expenses, including all the costs of owning and operating, your home your monthly payments on mortgage principal and interest, insurance and taxes, repairs and maintenance, heat and utilities, garbage collection and commuting costs. If your income tends to fluctuate sharply and you decide to use the first rule of thumb, you can use an average of your yearly income over the. past few years as a yardstick. If you are in a high-income bracket, figure on spending relatively less than two and one-half times your gross income on a new home. Even if you are in the lower brackets, the sum you pay for a house should be less than two and one-half times your gross income if you will be carrying a heavy debt load on other purchases; if your family is large; if you plan to buy an old house requiring a lot of repairs; if you will have heavy college education expenses for your children soon; if property taxes and living costs in your chosen neighborhood are high; if your income is irregular; if your down payment is low; if your job might force you to move unexpectedly.

On the other hand, in any income bracket you can afford to pay more for your house if you plan to do a' lot 'of the maintenance and repairs on the house yourself; if your family is small; if your property are low; if your income is rising at regular intervals; if the house is loaded with new appliances; if you are making a relatively large down payment from your savings. None of the formulas is any guarantee that you'll avoid taking on too much too soon, of course. You may be reaching for too much house too far out. You may be way off base in other areas, emotional if not financial. And do not ever downgrade the hidden costs of two-car ownership in living In the suburbs and exurbs.

But with these formulas you at least have some guidance. And just by using them, you will develop valuable Court Rules Against Firing of Two Employes Fred A. Mauck, Illinois director of the Department of Insurance, told newsmen Thursday the opening up of corporate offices will mean 500 new Jobs with annual payrolls of as much as $5 million. Mauck said the companies were set up by an out-of-state concern to avoid payment of the two per cent Illinois premium tax on companies not having headquarters in the state. He said he had informed the 21 companies earlier that he was cracking down on their operations.

He said the state lost $5.5 million in premium tax income in 1973 and projected losses this year would have been more than S10 million. Five of the 21 companies ha xp filed suit against his interpretation of the Illinois law banning the affected companies, Mauck said. Am TV and Commons 24' 25' AMTCorp 2' 2'4 Anheuser-Busch 41 41 Anona Bank 2fP 29' Bank Bldg 16' 17 Beeline Fashions 4V. 5 Champion Parts 15 15Hi Chicago Bridge and Iron 82' 83' 4 Combined Ins 12. Cornelius 4 4' Dean Foods 14'i 15' Decision Data 11 ll'a Dollar General 8' 8' Durlron 12'.

13 Dvna Fle 2' 2' ElChicoCorp 44 5''. First Texas 20 20J4 First Western 2 2 '-4 Fla Cypress Gardens 4' 4'. Iron Mtn. Inc Kar Products 74 8J4 KMC Mortgage 9'. Wi Laser Link 1' 2 Lewson Prod.

Livingston Ship Bldg 74 14 Maior Pool i 2'i Nationwide Ind I1. Newport Pharm 1' 1' Northrup King 42 424 Offshore Logistics 8' 8' Onte 5'. 4i PeviessCashwavt 17' If Philips Lamp N.V 19'. 19' Poptil Bros MANITOWOC The U.S. 7th Circuit Court of Appeals has upheld an earlier decision by the National Labor Relations Board and ruled illegal the release of two of three employes by Lube Devices, Manitowoc, two years ago.

On Aug. 1. 1971, the Machinists Union held an election to unionize employes at Lube Devices. Nine votes were cast for the union, 11 against, and 3 votes were challenged by the company because the employes had been released prior to the election. On June 20, 1972, the NLRB decided that the three employ-, es had not been lawfully terminated.

The NLRB then counted the three ballots so that the vote was 12 for the Local New York 10 00 A M. Thursday Prices; 1 Abbott Labs ACF Industries Adam Express AMP Am. Standard Amstead Ind Ansul Chemical Automatic Data Baldwin Bandag Hand Block Bobbie Brooks Clark Oil and Ref CMI Investment Cons, freight Data Proc Dun and Bradst Diegetal Eouip Fidelity Mfg First Charter Flying Tiger Fl. Dearborn Ft. Howard Paper First Wit.

Bankthares i 4 V. 42'- 2' J. 114- V. 4 4 12'- 2J'4- I 4- i 70 47.7 12 4 24 7 12 5 41 4 14 4 54 5 14 2 11 112 4 5 20 40 4 114 5 4 HI 29 4 15.7 24 16 I 26 6 17..

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

Publisher Extra® Newspapers

  • Exclusive licensed content from premium publishers like the Green Bay Press-Gazette
  • Archives through last month
  • Continually updated

About Green Bay Press-Gazette Archive

Pages Available:
2,293,012
Years Available:
1871-2024