Market Trends Pull Stocks Higher Amid Mixed Commodity Moves
United Press reports a higher close for stocks in moderate activity on the New York and curb exchanges aided by tax policy optimism and favorable earnings. nonferrous metals rose, while grains fell in Chicago amid quiet news and expectations on government grain purchases. Cattle and hog markets showed mixed to steady tones across leading livestock markets in Ogden and regional auctions.
MENTIONED IN THIS ARTICLE
United Press
Eee
U.S
New York
Truman
Congress
Phelps Dodge
Kennecott
Anaconda
Howe Sound
Montgomery Ward
Pullman
Caterpillar Tractor
Allied Chemical and International Paper
Chicago
Board of Trade
The
Commodity Credit Corp
Dow Jones Averages Edge Higher in Mixed Session
The Dow Jones stock averages show gains across a subset of indices with Indus rising to 166.92 at close and Rails slipping to 49.56 while Utils and Stocks also finish higher. Transactions in stocks used in averages: Indus.
MENTIONED IN THIS ARTICLE
Dow Jones
Indus
Power District Hearing Set For Power County
Soil Conservationist R N Irving announced hearings on April 1 to form a county wide soil conservation district in Power county. Rockland will host the afternoon session and American Falls the evening session. Petition drive gathered 259 names from 406 land ownerships in the county.
MENTIONED IN THIS ARTICLE
Boise
R. N. Irving
Rockland
American Falls
Power County
Irving
Funeral services for Simpson Molen Jensen
Funeral services for Simpson Molen Jensen aged 64 who died Monday will be held at 2 p.m. Friday from Hall Mortuary chapel with Bishop Ray J. Davis of the Second Ward L D S church officiating Interment will be in Mountain View cemetery Honorary pallbearers will be Carpenters Local No 1258 Friends may call at Arthur W Hall Mortuary until time of services Garrett Insurance Hits the Mark offers insurance services at 202 N Arthur Phone 2429 and Ralph Garrett counselor for friendly and courteous service Expert advice on all types of insurance
MENTIONED IN THIS ARTICLE
Ralph Garrett
Your
Iis
Arthur
Idaho Supreme Court backs tax ruling against state
The Idaho Supreme Court upheld a Third District ruling that John Hancock Mutual Life Insurance owes no state income tax on capital gains from foreclosed Idaho property sales. The court affirmed that insurers pay tax on gross income from interest, dividends, and rents, not capital gains.
MENTIONED IN THIS ARTICLE
Boise
Idaho Supreme Court
Idaho
John Hancock Mutual Life Insurance Company
C. E. Winstead
High Court
Alfred Budge
Pocatello Firms File for Incorporation in Idaho
Boise U P reports Last Frontier Inc of Pocatello filed articles of incorporation with the secretary of state to engage in general entertainment and recreation. Capitalized at 25000, incorporators include William Sheperth J E and McNichols all of Pocatello. A nonprofit with the same name filed by B A McDevitt also in Pocatello. Southeast Idaho Contractors Association also filed articles with incorporators W R Cahoon C L Lewis Roy L Getty Maurice Fereday and Guy M Neilson of Pocatello.
MENTIONED IN THIS ARTICLE
BOISE
The
Last Frontier, Inc
R. F. D. N. Pocatello
William Sheperth
J. E. and
McNichols
B. A. McDevitt
Pocatello
Southeast Idaho Contractors Association
Idaho
Associated General Contractors of America
W. R. Cahoon
C. L. Lewis
Roy L. Getty
Maurice Fereday
Guy M. Neilson
No Change For Representatives
Idaho will elect 59 state representatives this fall under the 1940 census. The 1941 law sets one representative per 12 500 population with a minimum of one per county. Ada county has four. Twin Falls three. Baynock three. Canyon three. others range from two to one.
MENTIONED IN THIS ARTICLE
Boise
Bingham
Bonneville
Kootenai
Latah
Nez Perce
Shoshone
Hurley Delays Reunion With Kin
Pat J Hurley former war secretary and ambassador to China said he will postpone a reunion with his long lost brother for a time The brother Patrick Hurley a ranch hand in California was believed killed in a Mexican revolution 40 years ago Hurley plans to leave for Washington on April 2 with the possible return in mid April
MENTIONED IN THIS ARTICLE
Sante FE
N. M
Patrick J
Hurley
China
Patricurley
Union Pacific Plans Diesel Use in Rail System
Omaha Neb. G F Ashby president of Union Pacific ordered replacement of coal burning locomotives with oil burners to the greatest extent and said diesel use could extend to the eastern district if needed. The move comes after 3100 miners employed by Union Pacific Coal, a railroad subsidiary, idled in sympathy with John L Lewis pension demands.
MENTIONED IN THIS ARTICLE
Omaha
Neb
G. F. Ashby
Union Pacific
Porter Urged For Court Post
Twin Falls district Judge James W. Porter is urged by the eleventh judicial district bar associations to run for the Idaho Supreme Court. The local group cites Porter’s experience tempered by judgment and asks bars statewide to support his candidacy.
MENTIONED IN THIS ARTICLE
Twin Falls
James W. Porter
State Supreme Court
Eleventh Judicial District Bar Associations
Supreme Court
Porter
Strike Closes Mines in Utah
About 21 mines in the Carbon Emery region were shut Thursday as nearly 3600 coal miners strike over operators not honoring the pension clause in the 1947 UMW contract. Utah output loses roughly 25 000 tons daily. Geneva Columbia and Kaiser steel companies are among those affected.
MENTIONED IN THIS ARTICLE
Salt Lake City
Carbon-Emery
UMW
Utah
Geneva, Columbia
Kaiser Steel Companies
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Terry
Mary Worth
Tees
Turk Steele
Junior
Jaxon
Jack
AbbIe
Zatrat
Dixie Duganz
Quentin
Earl Hastingson
Vic Flint
Miss Slone
AL Quentin
Marines
Hastingson
Lor Seo
Merk
Mercy Fos
Steve
Steve Ropes
Sonny Brawnski
Joe Palooka
Ieee
Pett & Morris
New York Stock Exchange
Anaconda Copper
Bethlehem Steel
Wees
Chrysler Corp
Ss Casesersssires
Curtis Wright
Tdaho Powet
Kaiser Frazer
Kennecott Coppershold
National Dairy
Ohio Oil
de Ise Podioy Dec
Alleghany Ludlum Steel
Pennsylvania Railroad
Phillips Petroleum
Allied Stores
American Tel & Tel
Sipetualachesshes Mora Radio Corp
Republic Steel
Sears Roebuck
Southern Pacific
Standard Oil of
California
New Jersey
Studebaker
Texas Corp
Twentieth Cen Ry Fox
Union: Pacific
U.S. Steel
Western Air Lines
Minneapolis
Kansas City
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Idaho Russell
Long Island Ducks
Idahos
Florida
Bliss Triumphs
Midwest
Colorado
Wisconsin
Mexico
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Dellart Floral
Middendorf
West Center
Robert Hayes
Hart Landscape Nurseries
Garrett Insurance
Lew Cottle
Lowe
Carlson Bldg
Bill O'Neill
Pacific Finance
Fox Studios
FOX
Inquire
State Court
Pocatello Firms
Kin
U. P
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