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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Dec 02, 1925
Page
18
Chicago markets rebound as wheat prices jump to the season’s high with December delivery near 1.76 per bushel amid crop damage reports from Argentina and firm Liverpool quotes. May contracts rose then eased with profit taking and a later recovery as weather forecasts and Liverpool shifts influenced prices.
New York December sugar trading opened with Cuban raw sugar at 4.27 cents a pound duty paid. December held near previous close while later months slipped two to three points as selling pressure from producers grew. Refined prices stayed 5.00 to 6.50 cents with steady demand noted.
New York trading notes show bar silver at 32 1 164 per ounce and Mexican dollars at 53, with other silver prices varying around 69 and 21n on December 2.
Weather cloudy and market slow as potatoes trade at Calif packed U S No 1 russets around 82.70 per sack with few sales. cash to growers at 2.25. Idaho shipments total 40 and U S total 170 for December 1.
Hog receipts total about 10 500 at Omaha with 140 to 190 lb hogs around 10.70 to 10.89 top and 180 to 280 lb hogs averaging 10.05 to 10.75. Cattle totals near 7500 with steers and yearlings steady to firm and heifers 6.00 to 7.50, veal up to 9.50. Sheep receipts 7500 with lambs 16.25 top and yearlings around 12.50, ewes to 8.25. Kansas City reports mixed cattle and calf trading with feeders scarce. Ogden sees light hogs and mixed cattle demand due to weather. Chicago hogs mostly 11.10 to 11.40 with a top around 11.30, cattle trades firmer with steers to 14.25 and yearlings near 12.50. Portland market steady to slightly higher on hogs and lambs with light drive-ins and 12.75 lambs average.
Foreign exchange quotes show irregular movements with multiple currencies listed. British pounds near 4.84 2-16, France 3.51 and 3.82, Germany 23.50, Belgium 4.54, Italy around 4.02, and other nations including Greece Poland Yugoslavia and Argentina. Local remark notes varied bid and cable rates across currencies.
Market notes list wheat No 2 at 1.75 percent 1.45 percent corn No 4 at 704 72 No 3 yellow 75 percent 78 cate No 2 white 41 percent 42 No a white 14 Az rye none timothy seed 6 hyu 7.2h clover ped 21 00 930.50 lard 13 02 tiles 16 75 bellles 16 90.
Chicago December 2 potato market reports slow trading and a steady overall tone. Wisconsin Minnesota round whites sell from 3.15 to 3.75 per cwt while Idaho russets bring about 3.60 to 8.00 depending on quality and condition with notable freezing injury.
Call money firm with high 0.5 and low 5, ruling rate 5, closing bid 5, offered at 6. Last loan 6. Call loans against acceptances $14. Time loans steady with mixed collateral 60 to 90 days 4% to 5%. 4 to 6 months 4% to 4.5%. Prime mercantile paper 4%.
New York copper prices show dull trading with electrolytic spot and futures at 144 1 4 percent. Tin remains easy with spot at 63 50 and futures 62 76. Iron steady with no change. Lead steady at 9 50. Zinc easy with East St Louis spot 8 45 8 50 and quotes 8 40 8 45. Antimony listed at 0 00.
New York eh bonds closed with 3s at 98.24 and 1st 4s 101.25 while 2nd 4s traded near 100.24 and 4th 4s at 102.1. U S government de notes quoted around 106.14 on 1638 and 448 issues.
Corn outshines wheat with a gain of about 2 to 3 cents a bushel. May delivery for corn closes above $2 a bushel as the Chicago market settles near yesterday's levels after a spike that briefly pushed wheat higher.
Curboil New York reports closing quotations at 2 15 p m Electric Investors 71 Continental 25 Prairie Pipe Line 128 Standard of Indiana 65 Standard of New York 464 New Bradford 61 Salt Creek Consolidated 8 percent.
Idaho Falls hosts the Idaho Home Missions council session under the Idaho Falls Ministerial association. L. E. Goodwin state secretary speaks with Miss Helen Flack about Y W A work in southern Idaho. Rev Vermilya of New York leads afternoon and evening meetings with Idaho Falls Music club providing tunes.
Partly cloudy and colder tonight. Thursday generally fair. UTAK WEATHER notes progress in spreading the gospel nationwide as crews push into remote Idaho districts.
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