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Newspaper
The Pocatello Post
Location
Pocatello, Idaho, United States of America
Date
Jun 08, 1949
Page
10
New York trading stays narrow as investors weigh second quarter earnings. May unemployment signals Dow and NYSE averages drift near two year lows while farm commodities rise except hogs. Potatoes and onions show solid demand and firm pricing in spot and track markets.
Ogden livestock sale shows cattle steady to weak with prices for vealers 26 to 32 dollars, good stock calves 24 to 24.50, and medium cows around 17.25 to 18.50. Hogs at 180 to 360 pounds mostly steady, sows 12.50 to 14.50. sheep market not established with uneven lamb bids.
Deferred soybean deliveries fell to new seasonal lows while wheat and corn posted modest gains. The December contract led declines of up to three cents, with November and July contracts erasing losses on later liquidation as a cottonseed oil market slump pressured prices. Continuous firming appeared in corn oats and rye late session after light receipts and cash strength supported gains.
Live poultry shows 41 trucks with unsettled market. Hens and turkeys quoted with varying prices. Cheese lines list Twins, Single Daisies, Longhorns and processed loaf values. Bitter weight at 1 217 699 pounds and eggs 22 365 cases. Market steady to firm with grade A extras and 59 to 69.9 cent ranges.
Southeastern Idaho clears to partly cloudy with a slight cool down high 70 to 80. Southwestern Idaho fair with a high 73 to 83. Utah sees scattered showers and afternoon storms over eastern mountains and southeast, today’s high 70 to 80. Low temperatures 45 to 55 in all regions.
In Galveston Texas a blonde wealthy divorcee, Martha Pfeiffer, was released on 2500 bond after her lover, Robert Emmet Benjamin, 33, shot himself following a three hour tryst in a Jack Tar courts cabin on the causeway drive.
A dense listing of daytime through late night programs across NBC and ABC networks shows music variety from Western to classical, soap operas like Ma Perkins and Pepper Young's Family, news briefs, talk shows, and sports updates featuring local and national broadcasts set for Wednesday.
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