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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Dec 10, 1925
Page
8
Chicago markets opened with an advance as crop damage reports from Argentina spurred buying. Profit taking and shifting positions by major buyers led to a general downturn in wheat, with December and May futures retreating from early highs. Corn and oats followed wheat, showing gains at first then declines as selling intensified.
The New York foreign exchange market shows steady quotations in cents with major pairs and world currencies listed. Notable figures include Great Britain 4.44 percent demand and 4.55 percent cables, France 3.78, Germany 23.80, Japan 43, Shanghai 77, Montreal 99 31-32.
In New York on December 10 AP reports a firmer raw sugar tone with Cuban duty paid at 4.02 and asks at 4.08 as no sales were noted. Futures gained 3 to 6 points by midday on covering by Cuban and European buyers, with lighter spot offerings boosting demand. Refined sugar held at 6.00 to 5.50 for fine granulated.
New York reports a bar silver price at 69 percent purity valued in Mexican dollars at 53 percent. London quotes silver at 324 per ounce, according to AP dispatches from early December.
The New York bond roundup notes Liberty bonds closing with several issues blank or mixed. First and second 4s quoted at 101.26 and 109.22, third and fourth 4s at 101 and 102, and U S government 4s at 106.8 amid a tight debt market.
Grain prices listed for Wheat and Corn across several grades with mixed percentages and seeds. Separate item notes show Ohio Oil Company cutting Sunburst Montana crude price by 20 cents to 1.35 per barrel, announced today in Findlay, Ohio.
New York December 10 AP reports call money steady with high and low at 5 percent, closing bid 6 and offered 5, last loan 5, call loans against acceptances 41 percent. Time loans show mixed collateral for 60-90 days at 4 percent, 4-6 months at 4 to 5 percent, and prime commercial paper at 4 percent.
Copper holds near 14414 percent, tin eases to 63.12 spot and 62.37 futures, iron and lead steady with spot at 9.25. East St. Louis spot 8.79, futures 8.40 to 8.50, antimony around 26.59.
Weather cloudy in Idaho Falls with slow demand. cash market steady. Idaho shipments on December 9 totalled modest pounds with California, Washington, and Wisconsin markets showing varied prices for sacks and standard potatoes.
New York curb quotations at 2:15 p m list listed stocks such as Electric Investors Continental Standard of Indiana Standard of New York Prairie Pipe Line and Salt Creek Consolidated with close figures and notable gaps in several issues. The roundup notes Dec 10 and features major names including Chrysl er General Electric General Motors U S Steel and others among the varied industries represented.
Sheffield led the advance with Gulf States and Republic sharing gains in the batch. Numerous industries joined a steady rise with 3 to 6 point improvements from Foundation Company Dupont Lua jum Steel, Pacific Gas and Electric, American Republic and Commercial Credit. Shubert theaters debut on the New York Stock Exchange opened at 62 and advanced.
Hogs and cattle trading in Omaha Chicago Kansas City Ogden seen with varied moves. Omaha hogs mostly down 15 to 25 cents, cattle steady to higher, sheep steady. Chicago hogs mostly lower, cattle mixed. Kansas City hogs steady to lower, sheep weak. Ogden hogs higher by about a quarter, cattle steady with light gains.
Two youths bound maids at Amelia Bingham's Riverside Drive home, but Bingham hid jewels and saved most of them. Thieves recovered about 1,200 dollars from a safe, while 20,000 dollars in jewels remained concealed. Nearby, Celia Clark reported a 10,000 dollar pearl necklace missed at a Vanderbilt tea, and Mrs. Whitney faced 100,000 dollars in jewels on Long Island as a thief fled.
The Colorado Aggies football team arrived in Honolulu in excellent condition for Saturday's game against the University of Hawaii. Coach Hughes cautioned no predictions but voiced confidence and promised the best effort, as the squad received a warm welcome after their rough voyage from San Francisco.
Seattle Washington December 10 AP Peits to be offered in an auction here next Wednesday by the Seattle for ex change total 12 076 Included are 1 000 red fox 900 white fox 134 blue fox 60 silver fox 150 cross fox 150 lynx 1 700 mink 6 000 muskrat 30 polar bear 600 marten 250 wolf and 86 otter
London wool auctions opened with a full house as offerings reached 11 271 bales. Trading was quiet and buyers were favored, with frequent withdrawals noted due to high asking prices by sellers.
New York stock market reports modest gains with selective buying driven by favorable trade developments. Railroad shares revive after Southern Railway adopts a 7 dollar annual dividend plus 3 percent extra. United States Steel shows renewed demand as unfilled orders rise and steel shares advance.
Merilyn Walker leads orchestra broadcasting at the Dance Palace tonight with live music and dancing. Local patrons are urged to attend as programs highlight classic dance tunes and entertainment.
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