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A6 e SATURDAY, AUGUST 10, 2013 GREEN BAY PRESS-GAZETTE WWW.GREENBAYPRESSGAZETTE.

COM

BUSINESS
the largest motorcycle manufacturer in the world. But Indian went bankrupt after World War II when its management deviated from the brands popular heavyweight V-twin format and began making lightweight machines the public didnt want. So began a revolving door of ownership that eventually landed Indian in the hands of California Motorcycle Co. in Gilroy, Calif., which manufactured a new version of the Chief in 1999, only to declare bankruptcy four years later. This newest effort is backed by a solidly profitable company with $3.2 billion in sales last year which has motorcycle fans believing that an Indian revival could actually stick. Steve Otto, 63, of northern Iowa, was among the rally-goers nudging his way through the crowd last Saturday to get a closer look at the new Indian Chieftain, with its saddlebags and built-in stereo. I think this is a good thing. Harley needs a little competition, he said. Whether Otto and others will buy in to the new Indian wont be clear until early September, when the bikes are available at dealers. But one thing is for sure: Polaris is betting big. Polaris has been growing its research and development efforts 20 percent annually since 2009, Menneto said. The companys goal is to reach $5 billion sales by 2017. A large part of its R&D on the motorcycle side has been spent reviving Indian as a brand that can rival Harley, the market giant. Harley-Davidson, based in Milwaukee, is celebrating its 110th anniversary this year and sells 55 percent of all motorcycles in the U.S. with displacements larger than 650 cubic centimeters. Retail sales of new Harleys grew 5.2 percent globally during the second quarter of 2013 compared with a year ago. Thats in contrast to much of the industry, which has been struggling. After falling 41 percent in 2009 and 14 percent in 2010, sales of new on-road motorcycles in the U.S. are down 5.2 percent through the first six months of 2013, according to the Motorcycle Industry Council in Irvine, Calif. Polaris is, like Harley, defying market trends. Its second-quarter sales of snowmobiles, all-terrain vehicles and other power sports equipment rose 12 percent. Despite the impressive numbers, not everyone is convinced the new Indian will be a threat to Harley. If I named my granddaughter Babe Ruth, would that enable her to hit 61 homers a year? asked Allan Girdler, author of The Harley-Davidson and Indian Wars.

Racing
From Page A5

boiled down to the owners of the series. It boiled down to Jim France with GrandAm and Don Panoz with ALMS. Both of them kind of came to the conclusion that 10 years weve been operating separately and they came to the conclusion that it totally made more sense for us to operate as a single entity and to give ourselves the best opportunity for success. In order to keep costs down for teams, Elkins said, the cars will not see dramatic changes. The sanctioning body will be the International Motor Sports Association which was co-founded in 1969 by John Bishop and Bill France Sr. Both series race in different classes and the new series includes most of the same cars, just in new classes. The 2014 schedule is still

being finalized, but Fox Sports reached a five-year agreement Friday to televise the United SportsCar Racing series through 2018. The agreement also includes coverage of the Continental Tire Sports Car Challenge for five years. Races will air on Fox Sports 1 and Fox Sports 2. BGB Motorsports fields cars in both the Grand-Am and American Le Mans series. Team manager John Tecce said both teams will benefit from the merger. Ultimately for the sport, its easier if there are half as many events as far as the expense of running it, Tecce said. I dont know if theres a depth of sports car fans in the United States to have two series it kind of killed openwheel racing. So its good for the business of it. A little harder for teams like us because now there are half as many opportunities to leave the shop and try to generate additional income. Its got to

be for the greater good of the sport if were all going to survive. Pumpelly, who drives in different classes and series, said his opportunities to make a living will be cut in half. I think sports cars will be healthier in the long run, Pumpelly said. There will more interest from the fans, sponsors, it will just be easier to understand and follow. The net result hopefully will be better despite some short-term losses, I think were all going to see a better future. The Grand-Am races are today and the American Le Mans races are Sunday. The United SportsCar Racing series debuts in February at the Rolex 24 at Daytona International Speedway.
avaldez@pressgazette media.com and follow her on Twitter @A_N_Valdez.

Indian
From Page A5

firing exhaust, but modernizes it with more power and fuel injection. We do believe Indians rightful home is with Polaris, said Steve Menneto, vice president of motorcycles for the Medina, Minn., company. In April 2011, Polaris became the latest in a long line of owners of Americas oldest motorcyclemaker. Since Indians founding in1901and bankruptcy in 1953, about 10 owners have attempted to revive the brand, only to eventually abandon the effort or declare bankruptcy themselves. The Indian Motorcycle Manufacturing Co. had a reputation for speed and innovation. It introduced floorboards in 1913 and a passenger seat in 1915 and made the electrical round headlight standard in 1923. In the 1910s, it was

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Cattle
From Page A5

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processors dont follow suit in changing requirements. Additionally, with corn worth only $4.60 per bushel Friday, cattle feeders may find larger profit margins in coming months, encouraging them to increase production and the available beef supply. As of midday Friday, live cattle for October delivery were worth $1.27 per pound, up 2.5 cents (2 percent) this week.

TODAYS

MARKET REPORT
FRIDAYS MARKET CLOSINGS
S&P500 1691.42

Cocoa warms up
Cocoa prices burst to the highest price this year on Thursday, pushing to more than $2,500 per metric ton. The market has been gaining ground recently amid exceptionally strong demand among North American companies that buy cocoa beans for processing into cocoa powder, butter and liquor. Further adding to the rally were weather reports from Ghana and the Ivory Coast that indicated continued dry weather which could crimp the crop size in those two nations that produce more than half of the global cocoa crop. As of midday Friday, cocoa for delivery in September was worth $2,465, up $170 (7.4 percent) during the week.

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q q q p p q
-6.06 -9.01 -72.81 +2.20 +.05
DIV 1.80 1.88 0.32 0.12 0.04 2.96 1.04 ... ... 0.80 0.84 1.08 0.77 2.72 1.20 1.52 0.76 3.24 1.40 1.58 0.08 0.34 0.46 ... 0.56 ... ... ... 2.41 0.80 3.33 ... 1.52 1.15 ... ... 1.35 0.92 1.12 1.88 0.12 1.20 0.80 1.53 YLD 5.2 3.6 1.9 1.9 .3 2.5 3.1 1.4 1.2 2.0 4.4 2.5 2.8 1.8 3.3 2.8 2.7 .4 2.7 1.7 1.7 PE 26 16 16 31 26 21 80 13 19 10 15 20 9 16 21 12 19 22 20 24 12 21 21 16 27 17 17 31 13 13 14 15 12 26 18 LAST 34.80 52.92 17.07 6.23 14.45 61.84 41.80 9.76 10.46 25.77 58.77 93.39 39.36 62.19 48.02 54.52 41.43 98.53 50.69 58.50 20.59 12.67 26.47 13.99 32.16 45.55 12.87 34.85 81.64 66.89 169.31 33.63 96.47 63.40 74.00 5.82 39.72 37.17 72.93 76.90 11.37 43.23 27.81 43.32 HIGH CHG -.49 -.13 -.13 -.14 -.16 +.13 +.19 +.53 +.26 -.08 -.42 -.40 +.08 -.17 +.04 -.31 +.42 -.04 -.33 -1.02 -.13 -.09 +.47 +.04 -.54 +.22 -.79 -.40 -.53 -.09 -.49 -.02 +.47 -.54 +1.07 +.11 -.18 -.25 -.35 -.18 +.01 +.49 -.19 LOW

NASD DOW Gold Gas/gal. US$/euro 3660.11 15425.51 $1312.90 1.3340 $2.91

-.0048

PRESS-GAZETTE INDEX
The Press-Gazette Index consists of 44 publicly traded companies either based in Wisconsin or with significant local operations. A full list of stocks and activity is available online at www.greenbaypressgazette.com.
NAME AT&T Inc AlliantEgy AsscdBanc BankMutl BkofAm BkMont g Bemis BlackBerry DeanFds Gannett HarleyD Humana iShEMkts IntegrysE IntPap JPMorgCh JohnsnCtl KimbClk Kohls MGE Manitowoc Marcus MktVGold MicronT Mondelez OshkoshCp Penney Plexus ProctGam RegalBel S&P500ETF SmithfF SnapOn TimeWarn TreeHseF Tufco UnilevNV US Bancrp UtdhlthGp WalMart WausauPap WellsFargo Weyerhsr WiscEngy YEAR %CHG -0.9 +18.9 +36.7 +51.9 +91.0 +12.7 +41.6 +21.1 +9.3 +78.0 +43.7 +40.2 -0.8 +6.4 +50.1 +51.0 +63.6 +22.1 +0.6 +22.6 +62.6 +6.6 -39.9 +102.5 +24.1 +95.5 -36.2 +15.7 +26.6 +0.8 +23.2 +78.7 +42.5 +53.7 +43.6 +44.1 +17.5 +15.6 +40.5 +6.4 +44.8 +31.0 +19.1 +12.8 SETTLE CHG. -7.75 -15 -3 -.17 -.40 -.10 -7.75 +2.4

Platinum higher
Platinum prices revved up Friday to the highest price in nearly two months, reaching more than $1,500 per ounce. The market was boosted by news of another miners strike in South Africa, home to three-fourths of the worlds platinum production. In the past, striking workers in South Africa have had major impacts on the platinum market, with global production dropping by more than 10 percent during heavy striking in South Africa. Positive export figures from China and Germany showed optimism about the global economy as well, which helped demand for platinum. The metal is primarily used in automobile catalytic convertors, other chemical processes and jewelry production, making it a good barometer for industrial and consumer demand. As of midday Friday, October platinum was worth $1,501, up $50 (3.4 percent) this week.
Alex Breitinger, of Breitinger & Sons LLC, a commodity futures brokerage firm, can be reached at (800) 411-3888 or indianafutures.com.

2.9 1.2 2.0 1.6 1.8 3.4 2.5 1.5 2.4 1.1 2.8 2.9 3.5

WISCONSIN COMMODITIES
A look at the market prices of select raw materials and agriculture.

AGRICULTURE

Corn 476.75 Soybeans 1366.25 Oats 372 Live Cattle 122.90 Feeder Cattle 154.37 Lean Hogs 100.72 Wheat 645 Lumber 309.0 FUELS CLOSE RBOB Gas 2.91 Crude Oil 105.97 Nat Gas 3.23 Heating Oil 2.99 METALS Copper Gold Platinum Silver

464 465.75 1340 1340.75 354.25 359 118.97 122.50 153.20 153.85 100.15 100.52 630.50 633.50 305.0 308.5 PVS 2.86 103.40 3.30 2.96

OI
PPE

CR

%CHG %YTD +1.77 +3.42 +2.49 +15.41 -2.03 -3.61 +1.22 -1.69 %CHG +1.16 +.17 +.60 +1.07 %YTD -9.13 -21.61 -2.48 -32.39

PLATI

CLOSE PVS 3.31 3.27 1312.90 1310.70 1500.60 1491.60 20.40 20.18

GLOBAL MARKETS
Bolsa S&P/TSX FTSE 100 42648.74 12542.13 6583.39

-63.31

qq p p p p
DAX 8338.31 -10.79 +53.71 +19.99 +12.23

CAC-40 Nikkei 4076.55 13615.19

+9.63

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