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Newspaper
The Pocatello Post
Location
Pocatello, Idaho, United States of America
Date
Aug 05, 1949
Page
6
The passage riffs on wealth and policy with surreal lines about the Atlantic pact, pacific aims, and fireproof money. Aman in Illinois eats garlic to guard against flu, and a line about an insect and a man hints at a provocative misdirection.
United Press reports uneven activity across stocks and commodities. Bonds showed slight gains while U S government bonds did not trade. Dow Jones averages slipped with mixed moves in industrials and rails. Wheat rose in Kansas City and Minneapolis oats fell, with Winnipeg rye down and barley up. Commodity Credit Corporation bought wheat and rye locally, with no purchases elsewhere.
New York stocks moved with utility shares near their postwar peak while other sectors showed lighter volume. Commonwealth and Southern turnover was lighter. gold shares rose on European price rise talk. autos production and construction posted gains. Notable closes included Republic Pictures 742 off 4, United States Steel 225 1/4 off 4, GM 62 up 1/4, Standard Oil NJ 664 1/4 off 4, GE 374 1/2 off 4, Northern Nickel 29 1/2 up 1, Union Pacific 81 1/4 up 4, Peoples 109 up 1. Continuous shifts in rails, oils, and mercantile issues framed the mixed session.
Livestock prices show light supply with steady cattle and hogs. Vealers bring 22.00 to 25.00, hogs 19.00 to 23.75 per hundredweight, sheep bids around 21.50 to 23.50 for certain lambs, and load counts include 9,200 sheep with mixed bids and some held over slaughter lambs.
Grain futures steadied after a choppy start with late selling pushing some contracts to new session lows. A late turn reversed losses for all but rye, with wheat up 5 percent and corn up 4 percent while soybeans slipped on liquidation pressure.
Live poultry shows three trucks steady hens and firm chickens with no changes. Cheese prices range from 31 to 45 cents with multiple varieties listed. Butter values mid 90s to 60s with varied scores. Carlot prices for eggs browns and whites weak at 6 171 cases. Extras and receipts show mixed demand and light supplies, market slightly stronger. Track and street prices for various egg and onion products across Idaho Oregon Washington California Nebraska Missouri and other regions.
A humorous remark describes a man who pays for front-row access at a fan dance solely to feel the air. The quip highlights laziness as seeking convenience over participation or effort.
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