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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Dec 08, 1925
Page
8
Chicago markets opened weaker as Liverpool quotations showed weakness and Argentine exportable surplus estimates varied from yesterday. Wheat futures eased from December and May contracts while corn followed, aided later by charter news. Oats remained firmer and the feeder provision market saw scattered buying and slight gains.
Market reports show hog receipts, weight classes, and price ranges in Omaha and Chicago. Details include top hogs at 11.03, bulk sales around 10.50 14.90, feeders weak, cattle and sheep values steady to higher with prime yearlings near 13.50 and fat lambs 17.00 17.35.
Cattle receipts about 1 000 at Kansas City with steady to lower bidding, calves 2 000, heifers and cows showing varied gains, heavy steers 12.00 top, hogs mostly 15 to 20 cents lower, top to 11.40, light weights 10.85 to 11.85, sows 9.85 to 10.25, stock pigs up to 12.08, sheep around 15 cents lower with top yearlings near 13.75, Ogden reports similar tone with hogs near 11.2 cents and cattle mostly steady to higher, good heifers bid to 6.25, feeder steers 6.25-6.75, fat lambs 14.00.
Rome reports Pius blesses a gold cup presented to Queen Elizabeth of igium for the 24th wedding anniversary, housed in a silver vase. London notes King George may take a two month sea voyage yearly due to frail health. a new yacht is planned. Rome cites Italian irritation over Rudy Valentino seeking U.S. citizenship amid a boycott threat. New York mentions Batting Siki knocked out by a policeman. Leonard Smith of Timesware city a policeman, accused of attacking. Toledo hints at lace song in a statue near birthplace. New York mentions Miss Leonora Ibertini with a dubious reference.
New York stock prices rose on President Coolidge's Congress address promising continued prosperity and tax cuts. Higher call money rates and a cotton price dip briefly pressured markets before gains resumed, with utilities like Electric Power and Montana Power up sharply and rail and motor shares reacting to the news. Pool trading boosted rallies in U S Alcohol BeechNut Packing Mathieson Alkali and Bosch Magneto as industrials advanced.
Idaho fall weather cloudy demand light market steady. No. 1 russets bulk price 2.25 per cwt with freight to growers. Total Idaho shipments on Dec 7 and nationwide totals are noted. figures incomplete in text.
Closing figures for many major companies listed in New York with percent changes and prices, including Am Can, General Electric, U S Steel, Coca Cola, Chrysler, Du Pont, International Harvester, Reading, Union Pacific, and Woolworth. Some entries show fractional or approximate values amid a broad list of industrials, railroads, oil, and utilities.
Potatoes trading steady in Chicago with a fair market overall. U S shipments totaled 406 cars with Wisconsin Minnesota round whites at 3.40 to 3.65 and Idaho Montana Russels at 3.60 to 3.70 for best. Receipts reported at 44 cars.
New York December 8 raw sugar futures eased under liquidation and selling for European account as Cuban production expands with 25 centrals now in operation. Midday prices show a net decline of 3 to more than 1/2 cent. Demand for refined sugar remains weak with prices steady at 5.00 to 6.50 for fine granulated.
Exchange rates for foreign currencies in New York show varied bids including Britain at 484% and France at 3.75. A noted travel feature reports two Philadelphia girls touring Japan with a college team, who stayed behind as ten others were stranded, returning home aided by a benefactor after funds were raised.
In Seattle on December 8, irrigation specialists from the Western division of the Chamber of Commerce of the United States debated water conservation and reclamation. Frank Adams urged increased public aid, citing public benefits from reclamation and addressing land speculation and settlement costs.
Quotations from Carl C Plehn warn that state and local taxation per person rose from under 16 dollars to about 40 dollars. Over 15 years California's government outlays surged from 98 million to over 500 million, surpassing the 419 million value of agricultural output in 1924 25 by more than 80 million. Social expenses dominate, education charities health sanitation recreation and only highways is economic. The movement toward budget control is seen as the most promising remedy.
New York metals desk reports bar silver at 69 a troy ounce and Mexican dollars at 63 in quiet wholesale trading as December markets wind down.
Stockholders of the National Loan Company in Pocatello Idaho will meet at the office on Tuesday January 11 1996 at 10 o clock a m to elect directors for the ensuing year and address other business. Paul Bistline secretary. Ad 15 23 29 6.
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