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The Journal Times from Racine, Wisconsin • 31

Publication:
The Journal Timesi
Location:
Racine, Wisconsin
Issue Date:
Page:
31
Extracted Article Text (OCR)

5E Business Briefs Trustee claims: Trackage cut couc aid railroad 1 a4.J.ani. lAJad Ca Miiima m4 ra.irvi raa mt mart considers 2nd site A pmIir4 tw a-art Cr Tny Ml ffLr Hal retailer (vtJ(U4 im j.B,iit id vqwujh -tMJ Rait i-kuUM eri i UmiJ la UHW p.6 ktk. Kail," Amm we.n. tit c-rttw. m.1 tfct iHiif4 B.t lui awt tu II it sow )w4i UtrtCTl OrfUlt llir'j.

htf 0t4t MCftf.4 tlr kM, fiiinol I e. iita lit potst Wlart It Ml 1st I 10 si MwJ 11 kora cmwaufg imi fc maM p.j lu MtfCk 0 tM Cll Wt CoTB lrtj lit ttU'4 ttxM ShlUt, tl OftM It 111 SrnJfi now AM fonfc riiUmma a itvmffiiu ca aftc a aaa ys a Traiupurtauoa WcrtiAry lroca A Aim Mjoay ta atiifijuM Oat. TW At4 Roa4 acima tMiua rtait of a railroad taJ-iry UM aub lot) uwt aad Iim liiiit UafT.f vi prtaaei Cariar aro.d ra lrvJ biU la tba rri taf aOad b) m. ua fr ii At I Mtt ba ttili raiiroakd pri tenia U4 at tby nwal taa Um btatja of a far flitfi rbai Icrt pm aac tor ta ptl ub the tUAl 4axa tba itiem arJ maa II ba aVi4 "If tva raUraia tk aw I a ts daciaiona aiU ba fur Uktm wa Caixttii HiU and tbat ui ba tba trf aatuicaiuattu of (fit laUroad UkiMtiry. lul naitmaal m4 CHICAGO UP I TW tt- trwtvra tt IM U.J-aa u- tM fiaiiaity ttv64 u4 aSaAva lielonM lit uata.

U-4 owt ua iJ Mjay at I wt C- )-' llltnul fuimlK lt UK (dnai UArMiy Ul aJ 1 a-W ut I mo 9t lra-1 tf-at turn 1 wrtvi rei'Jy tM i aoua4 Pa.Urf Iur4 rwv.p. a TW ti' i I oity ta IK eM aj krf Rautra thai nU ind by a pvMd aiuva art Ut ta aua tu4 La4 aut Tu iaiuj ril tot rurkanaiioM fwc. II. un. aAt kir aauui aulUoa la IL4 liM tWwa a t.A-wl by ftiaiaf UaI left lit raiuwJ taA Mid ii tu lual 14 Rulaoa ta 111 cu l) iKiUiva ftrti tata TV pfwnt rv4t4 ud ta-(t rvir tiH Ky Ut tfcMaa.

Mi)4-aat, a4 taia. Mia frva Cina fcotlfwd. IU aad ta axuaid ta ta imxxu.i tmet til biji. WJ twa u4 PU. frvrtl Nr l.Jt, i Ow1 xt pel k.m Ki.t SaUey.

and frvm lia Ciurt nl ta Haatuit, Mjut la aAJntoai. tM atopvaJ a Iim bniirj th l-u-. aaiM Cny-fault 10 konKMd, IU ly tnfa Mfa aM n- ifituir ata ua an a iar naiw Ha aMod twft tweet aa amago. AAi Way a aa aa frt Mrua a4 ia ua I t.tmi.t rowia aa att4 U4i aU Tpiea a rtsiftd eraia ifca 1 aj mi.ea at uaU 14 oft ia it raiv from It ta Cktl aclauM KUimaa aiM tnad tfc cuM aw.ry tat letemaia Cmarra Cemm.Mia 124 a4 ta tract mow a by raunaa rwiea ua Md uta ta akavk. a Mil rotta.Mf at a May M.

i a a Ue rtht (o a miuwa toaa ta tM aprrattri tut fu tta rtiirxAl Tfca vowtd roma from IM Of taad 3 rfet by Citr- baea from tba ratt- RhWI tnuik. M7cwl, Ms baww alexta Jetl taJ tfctrl eire re mm 4 MrtU.ll at. tv A. flu Ilia Al ImUkdit fa- Textron says Jacobsen earnings down a avk a) a a 4M or tSsn group dinikoe.t wii! aiiau4l putted. p.lLtk!!mme.

Sa, utar4 No iM fcai. aM Aw AU II Be-AMI arnica edtwiified ta a Stat Story April I II turret KuaummM WMd 4 Mmuiii Mtnfctatl last reined Id I JlM Mfva tl 01 Kurt 1.4 reported tett KKtlad l1! (W (M It Mt tnvOl Wat pVl Of first iMdf Ul K(kiMl Jlafck lf iiuui ffA Au in i. in, im i tfWJ entopmral CiMfc Ad actrC'( to a peM rvi MoMSay A Muin us Sattoeai ftaAt el kl Ha r4d4i4 hvm I wf4iy ita Mt Mi la la barfctef drrra ta fcgaiArt adtnuuttnuaa. fua General gets order AM Oftral Corp a tubtW.arj cf American HMr Cora avardnd a ft I millloa Army toual tor l.tn) rrtaaad part wit Ortr l7 OAl Mfftlfjt tf tt II fx ftat," tie rtpart said "HovntUit. kbeafftr Catoa.

Gortin. Poiant 1 1 Co and Va'tatiAt all bad ritaptu al Mrt itk. opftM Jacb at part ef HI It (MSvmtr Tm rtport tfcea aot Jwebara et al vgt It lists cut hrm anog tor.ijfrf ta IITT oa Miea of tl 0faU. iba rtpart Mid. aad MrRif of coe.sumtr group tra up tAarpty ta in l- 1,33 mauo Ttttroa, at rt-port4.

bad Ml raif of or ft st-ar ta 111 oa Met of tl IM. 5.0.(), up from eet of Borg Warner, Firestone i Quafirf to Mill trvtkt abandon planned merger Western appoints two garding financial terms btxaua of II aty el fraA.fr JSC. a4 ll 10 etcuTT Iba piaal febuwl June 11 aal vutl tM tl pat BViaJ tomp for tb ememl tuff tijuipmral maaulac-luted al HI fattory Md4tMtr complri at HI Patsarl At Trttroa aaauaJ rtt Mid Mfilt Mle of Jarobaca I ilk btaiad aad ndir.g mo eft. la a trttuxt and tacrw lhoa ft "all Outpatfd laair pmtoua (ar per-fofmancM" and aotad that dittttoa mitm peltate brand wjiiipmret for Mrtlll Biajof comjmnlr Four eew producit coo-iribwtad to Jacobaca'i tuueg Mlrt to 111 a Hi anew ihroef. tba "Potr Burti' laa moart, and two com.

mtrrial rotary mori." the repot Mid "Aurrul promotion and the ttrenitb-ening of lit foreign distribo-tnf rvrlaofl ptxjduced a told bant for JacoWn products oumde North America Teitron. which bought the company from Allegheny l.udlum Industries Inc. for an undisclosed amount of Tfitfua liy im rKm tui biwtM kiM-bMd Jatc Mauftuf' tf Im) tjtfttf tal Hrf aits it fea Jti iv atoa. m4 Jtft.tM ia 111 "triy irea Ktrf Mratff brko peciaj Wn:" bnauM "prudjrtioa inmtikr. fcoritAua-uoa of eperatioai aad mjo atari up ttpeftart em ntm mirl." Ttiiroa Mid ia lit annual rt1 ruf 111 At previously reported.

r'l Howl, tba Trtiroa group tic prtildtai to horn Jamb. repott. bat brni aclin pretidmt ot IN dlvtaioa iiir Prt) I). br Trans Dr rf rrvovrd from th pridncy No rinlanaiun for Def'ew drparture at the lime, and Duud announced It at a re gnat.on Oa March I. Raud an-nounred the fMlgnaiiofi of Hoard McPrieraon.

the division's operatlont vice pfetident. Later in March. Jarobm announced It bad Irated. with an option to buy, (he 45.000 tquartfool Jtnten Metal Products plant at TftuO fvwuhiri Co lc Mid William tiri promoirfl lo iuprrior ef commtrrial pure Jiatini. a nrmlytrt4 ti In addition, aira aaw company the 23ia largett la America, ranked by saiM Firetioot.

lira maker that has bee plagjad by the recall of Its 900 steal belted radial lire, it the asm largeti company Ii org Warner, which ranks No, IK. It known for Its transmissions, clutches, brakes and other motor vehicle equipment. It has been healthier financially thaa Firestone and Its ttockholdtrs would have emerged la the dominant pot it loo under the deal announced last year. While User has been some r.ei.1-bility in Borg Warner poaition re 1 Tf Charged market conditions, the Fire-stone proposal Simply uks mora than we fowl It pmdeel for our thartnold era to pay," Mid lorg Warner Chairman Jam F. Bre Hicherd A.

Ulley. Flretteae i chairman. Mid "Our board felt that charges in conditions since the time the propoaal wat flnt made Justified tigruftcaflt increase tn the pcopoaed conversion rate for the convertible prelerrd stock. i believe the change would have retailed In proper and equitable proposal to recommend to our shareholders." NIW Y0K (AP) lorg Warwr Corp aad irttsorvt Corp acnouftctd today tbey bad caUad off proptd tl bititoa tntf of the to corpo. ratuxvt that would hsvt bt-n ot of i ha lartetl la I.

history- Tbt announcetnent Mid tba eompa-aiM tr unablt to rtca artment on irr mt fuettone warned lis sttxli-bolden Id have a larger shsrt of the mat ted company thaa originally p-ptwed. but Borg Warner resisted tha demand The merger, announced la November, would have made the combined I wr vvyrr it a I in IW a a birxJffT afaif tkiLUlf I and mrivH a bacbrU a "trr ta buua dminiira- Criia larlia (ion from ih former Domini. ran rollr In 17T0 Im-Iir paprr buy Ha Joined rattni In 6 a a floor boy in ih cyllndrr pr room and Journ4-)man prrttman brtort bring BamKl paprr bgyff tn IW Schlitz lost in 1st quarter WAUSAU STORY Local interest c.t Mt a a Ca a a a IN SOUTHERN WISCONSIN lot Schllu Brini Co Mllauka. rrporird a fir-i quanrr nrt lot of 1 1. Ml.

000, vtnut lot of tl.39.000 la it yrar-earllff quariff. Salra rv 3 1 percent, to EO.806.OU from It30.lll.000 Barrelaf declined I percent. Schllti Mid It thlpped I IJ3.000 barreli of beer during toe quarter, down from 4. 417.000 a Mr tar liar. I "Salt of Schllti wholeuler to their retail customer 6Mt A'Wtl4 Am 44 'Tl I 1 wl HI iMlCkt ii 1)4 n.

it ll MC it i MM It a ii i 1 1 llj i IX II Livestock wimuMI il rl IX OH it it a fmm i Kail twi aann. a. -t ft a i (ei ai a c- a a a a-it a f- a 161 a Ml a. ii Is tain iww mvi itaita, (W I'" an nHa" tv'ft 0 41 tO( Mr, kMWt 41 Mtl M. I'f' W-X w.

Mn wn i)Mttt a Ml MMlit Clot'" m.H tM cN MailtM. "4 kxnUKItK Today ni't'H tKan lot cania. wq tit. courtrielora who know bualnrta inauranro like nobody else In the buainena. We aorve more than 3,100 companies In thla area.

Our experience with all kinds of for 68 veare has taught ua how to help com-paniea like youre with INCO marl aaaMrHtf 4aty Aa'tat in MtH continued aubttantlalty below company marketing plana." the brewer Mid, reflecting continued competitive pre. ure." Schllu aald It reduced Ita total debt by t3 million during the quarter. The company'i director! Monday declared a quarterly dividend of 10 centa a ihare, payable July 3 to stockholders of record June 12. 2nd Taco Bell being built nearly any kind of bualne Insurance problem. And It hna taught ua the value of the Insurance jwirf-nmhip.

hen our policy-holdera, with our help, arorfc to prevent lemwft, they have their best chance to control Insurance cost. We're looking for more good policyholders in southern Wisconsin. That something to keep In mind when you're looking for an effective business Insurance "partneri aw lit ua 3 Wc'raj the bunineM lnur anre eirx'rta from K.mploy-em Innurance of Wauaau. Hut a big part of our reputation a earned right here In uthrrn Wisconsin. No other buRlnes Innurance company serving thla urea can match the quantity or of our acrvire pro-pKionala.

They're the people safety and health consultants, occupational nurses, claims epTta, property and liability ape-clnlUu, employee-benefit NC 4 44 NC IS it 4 I6 16 NC NC It IM NarwwMI In Htmcr (I 3KHIN aianer l. II Svnilrl flnf rO naa-an Taa41 4C- a tiiainc il Tennata 17 Ttfrran lnt tat t.n IXK NA Vulcan Mat 36' Vrntarn Pu 77 Vi ii eai VII II WilFwrAU Eg8 Chic0 Mitt ot aric fwl wii' tuiia ontixot Mo)ty; I-i'o J. Cn l-l'B inttm jo. Mti run brMklKfl CKKIII i-i' ew 1 rr-mn MA IH 5t II II II IM NA NC NC NC NC NA-fttr! availtw Cash grain CMICAOO 11 WKMl No I 0U intr I 7n Mony; Ko, m' fK) winirr )7 Corn Ne I vailow 1 HVm lOM)WI ln Ibxtl. boll No.

ftMvy No. I rtiiow I ln NO. 2 ytllow corn ft iOy ouot-at it I Mn inoootr) I itonl. Over the counter B. Ai erankilfltl Marlhall II Corp 24 25 IHarni 4V 5 VtfiaTKh Mutual funds Bid A(k AMIMItK) Fund 7 71 J3I Century Ihara Truif 1 50 40 '5 If InvMtori Mutual SSI S.M InveitoM Stock IS 53 20 13 in.nton Vanabit Py Mattachuwtti inv.

Tr 10 I 10 0 Moiiechualti ftrowth Newton 2 i Nlcholat Fund 23 16 L. Selected Am. Sharei 4 15 L. WiKoniln IhC Gold quotes Monday'i gold pricei (In U.S. doliari par Iroy ounce); London, afternoon fining, I2J6 65, up 10 15; Peril, afternoon market quotation, $241.14, down 63 Frankfurt, cloied, 1237 23, down IS 02i Zurich, unavailable; New York, 1237.14, up M.

70. Jl) Construction hai itarted at the southeast corner of Doug lai Avenue and William Street on a Taco Bell fast-food restaurant, Racine's second. The first, at 2065 Lathrop opened In 1972. The northslde unit, like the Lathrop Avenue outlet, will be company-owned and will have seating for about 40 people. It's scheduled to open In Auguit, said E.E.

Curtis, Taco Bell's regional construction manager. A former service station at 2721 Douglas and a frame dwelling at 7713 Douglas were torn down to clear the site for construction. There will be off-street parking for at least 20 to 23 cars, Curtis said. Real estate 'dealer Richard R. Monfell acquired the Douglas Avenue properties and sold them to Taco Bell.

Monfell said he sold them for $92,000. The Taco Bell chain, which has about 1,000 units In operation nationwide, was acquired last year by PepsiCo the soft drink bottler. PepsiCo also owns the Plzta Hut chain, which has two outlets here, at 3018 Douglas Ave. and 5000 Washington Ave. Burlington union to vote The 238 production and maintenance workers at Northern Engineering Laboratories 357 Belolt Burlington, will decide in an election Friday whether to be represented by a labor union, the United Rubber, Cork, Linoleum and Plastic Workers of America.

The election will be supervised by the Milwaukee office of the National Labor Relations Board. The firm makes quartz crystals for electronic frequency-control use. Profits up 25 at Sta-Rite Sta-Rite Industries which owns Webster Electric Co. here, reported first-quarter earnings of $1.5 million or 54 cents a share, up 25 percent from $1.2 million or 42 cents a share In the year-earlier quarter. Sales rose 19.4 percent, to $35.7 million from $29.9 mil- "All five of the company's WJS sains for the quarter, Stuart W.

Tlsdale, Sta-Rlte chair-Sin arid president, said Monday at the company's annual mwffimn UnsTe, president of Webster Electric whose components comprise Sta-Rlte's fluid power and heating divisions, also reported market growth. Webster makes hydraulic pumps and motors for farm and construction machinery, machine tools, ruck es and material handling equipment, and oil rue units Ignition transformers, condensate pumps and boiler-feed equip-, ment for the heating Industry. SU-Rite's stockholder! approved increasing he number of authorized shares from 5 million to 10 million to open the was foTposslble stock splits, stock dividends and ac qulsltions. Wnllnew from Wausau Walch Run Amefica Run on PBS Tuesday venlnn, My 29 repealed on June 3 Check local listtnqs Made poiRibie by a qrani from Employers Insurance of Wauiau Grain futures CMICAOO (AP) PuturM trdlna Mondiy oft tht CniCago Boar of 7r0 Opn High Low Clot Che WHEAT 5.000 du. Doilari pr bu MyJJ7' 3 40 3'' OH jui ittvn.li in S0 3 iitl 3 0H DC 1 J' 3 3 31 IF.

Mr 3 3 3l 3 4- 00' May 3 3 313 313 iaict Prl. 4,376 Total opn Inlaraif Frl. 37,750, up III from Thuri. COKN 5.000 bu. Doliari par bu MyJ5tJ3'4 25IV4 in 01' Jul 2 57' 2 51' 2 S4'4 2 51' 01' l0 3 5931 2.5 l.tflf .014 Pc 3 63 2 15 2 67' 2M 0MH Mr3.

J.7JIH 2.70' 2.72V4 .014 May 1.76' 271' 2.76' 2.76V JnlH Prl. 25.3S6. Total opan Intarilt Frl, 163. 263. off J5I from Thuri.

OATS 1000 bu Dollars per bu. AAayl.Mvil.3t l.M I.MVS Jul I.47V4 l.M I 47' l.47' S0 1.54 1.54 1.53' I S3V4 OK I.60M 1.6014 I 60 l.ftOVS Mar 1.65' I.MV 1.65' 1.66V Salat Frl. M7. Total opan mttrttt Frl. 5,372, up from Thuri.

SOYBEANS 5,000 bu. Dollar! par bu. May 7 21 7.31 7 25V 7.27V1 0IV4 Jul 7.4014 7.44 7.31' 7.4(W Aug 7.36V4 7.41V 7 35V4 7.3I Sep 7.l2V7.l4' 7.11V. 7.IIW Nov 6.I5V4 6.M 4V S.95 Jart 7.047.0;- 7.04V 7.05W Mar 7.I6V4 7 I 7.16 7.17 May7.25 7.27 7.2S 7.25V I s- Ctime to the source SU -mm Silver and gold SILvea Chicago Mid Amerl-troy ounce; April 745 00c; Junt 754 00c; Augutl 766 00c; October 770 50c; December 784 00c. Estimated talei, 1,623 GOLD Chicago Mid America 33 2 froy ounce! June 1243 SO; September 1250 60; December 1256.

SO. Eitlmated islet; 326 4rVlWaaadilkjln Employers Insurance of Wausau Wiiuiu tnmniiKi' Cumprnk' Foreign exchange lean cents) (Quoted In Amerl April 23 April 20 Yr. Ago 207.12 182.55 207.10 enolind For direct, local service in southern Wisconsin, phone (414) 463-2800 and ask for Gene Stringfellow. 50161 rri. NA.

Total opan Int S42 from Thuri. 211.60 S7.70 .09 7.22 3.32 4 50 1190 22 93 52 61 M63 12.40 .12 Potatoes 211 60 7.64 .09 7.1 332 4 50 ita 22 66 52 54 50 I2.M .12 a 439 19.39 2.04 1 47 22 71 58.00 Do, bk nil CSnads Argenfint Austria Belgium Braill Denmark France Germany Holland India Italy Japan Mexico Norway Portugal Spain Sweden Switierland 17 46 06 670 309 Ml 17 64 Jl 51 48 12 45.12 11.59 .13 .44 439 18 43 2.39 1.24 25.54 50.it WAUSAU STORY CHICAGO (AP) (USDA) Ma- or potato market! FOB ihlpping polntt U.S. IA Monday In 100 lb. leckir Colorado red McCiurai 4.50; Wliconlln round whltei 0 00; 50 lb. tacki: Florida round whltat 4 00; Florida round red! 3.50; 50 lb.

car-torn: Washington runeti 00-t 50; Colorado russets 150; Idaho russets. 7 50-8 SO; California-Oregon russet! 7.50-9.00. 4.39 19 39 2.05 1.47 22 74 58.07.

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