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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jan 05, 1925
Page
8
New York report notes egg production did not meet expectations in 1924 despite record chicken numbers. Prices stayed near 25.6 cents at farm, with premium for higher quality eggs, while cold weather and high feed costs pressured producers to adjust output.
New York rate rose to 4.76 percent near parity after London uptick and talk of early restoration of sterling to gold standard. The advance signals strong demand and postwar money trends, with traders watching policy signals and currency stability.
New York trading opened with uneven stock moves as motor and oil issues attracted fresh buying while other issues faced heavy profit taking. U S Steel matched last week's high, several rails rose, and Westinghouse and General Electric gained. overall index drifted with gains then late selling pushing down industrials.
Chicago traders faced a sharp setback as wheat futures fell after the opening amid widespread selling and hopes of a downward correction. May prices slipped to about 1.76 to 1.77 and July to 1.52, with some transactions down roughly four percent per bushel. Corn and oats also declined with liberal receipts weighing on prices.
Chicago and Omaha market reports show hogs steady to lower with light demand and mixed weights. Cattle and sheep receipts around 6,000 and 16,000 to 22,506 in Omaha with steady to weaker steer and feeder prices and fat lambs stronger in spots.
Kansas City market notes show cattle receipts about 56 hundred with slow early sales. Steers and stockers mostly steady to higher averages, hogs down modestly with lighter weights favored, sheep stronger with lambs rising and clip pers steady. Top price references include feeder bids around 8.10 and hogs near 10.75.
ST JOSEPH MO Jan 5 hog receipts 9600 up 15k. cow 10.75 bulk 10.00-10.65. Cattle receipts 4000 steady to 15c lower. steers 6.75 per 100 lb top 10.25. cows and heifers 3.25-9.00. calves 3.50-10.00. stockers 3.50-6.75. Sheep receipts 3000 slow but lambs 16.00-17.25. ewes 8.50-9.75.
Portland Oregon January 5 cattle receipts 38 430 with slow demand and steer prices 6 50 to 8 50 a hundredweight cows 6 25 to 6 75 heifers calves and bulls listed mid ranges hogs mostly 60 cents lower with weights 130 to 350 pounds at 5 50 to 11 69 pigs and lambs page notes varying quotes including lambs light to heavy weights 12 00 to 16 00 with cann ers and cull categories in similar bands.
New York bonding markets end with several issues showing small changes. Treasury classes 3n 101, 1st 48 107.15, 4m 100.24 and 4s series near 101 with minor shifts. Government 4Ks listed at 1044.
Curb oil quotas close at 2 15 p m with Prairie Pipe Line 106 percent Standard of Indiana 63 percent Standard of New York 444 percent New Bradford 4 percent Mutual 12 percent Salt Creek blank.
A concise, practical look at core finance concepts, market dynamics, and prudent investing shown through clear examples and actionable guidance for readers seeking smarter money management.
A rural lending program provides loans up to 50 percent of the farm land value. Farmers may access funds for improvements and operations through local lenders aligned with the scheme.
Federal land banks lend to farmers from 100 to 10000 dollars based on 50 percent appraised value and secure loans with farm mortgages. To raise capital they issue bonds backed by those mortgages and the banks’ surplus and initial capital. Twelve banks exist. bond losses are pro rated among all if one defaults.
Markets show butter and eggs fluctuating with mixed receipts across Kansas City Chicago and New York. Poultry prices stay varied with fowls roosters and turkeys listed. potatoes and flour move modestly while creamery and refrigerator items show shifts in firsts and extras.
The report lists changes in the visible supply of US grain by bushel with Wheat down 2 999 000, Corn up 2 271 000, Oats up 91 000, Rye up 1 067 000, Barley down 171 000. It also provides Chicago Kansas City price quotes for Wheat Corn Oats Rye Barley and related seed and forage prices with multiple delivery months and bids.
Foreign exchange rates were steady with quotes in cents for Great Britain at 4.764 percent cap 8 for 60 day bills France at 5.88 percent cables 539 Italy 4.21 percent cables 4.22 Belgium 4.9949 cables 4.99 Germany 23.81 Holland Belgium Norway 16.17 Sweden 26.91 Spain 4.400 17.67 Austria 61 percent Ar eatine 11.60 Tokio dollars 99 21-32 Montreal 99 21-32.
Closing prices show Allied Chemical and American Can among notable movers. Copper futures steady while iron, lead, and zinc announce varied activity. markets in New York also reflect shifts in petroleum, steel and tobacco equities amid a broad trading day.
Lon Chaney stars in the acclaimed film He Who Gets Slapped showing at the Orpheum tonight and tomorrow. The revival highlights Chaney's renowned performance in a classic silent drama.
Betty Compson stars as a chorus girl who falls for a young millionaire in The Garden of Weeds at the Strand. Warner Baxter also appears in the feature, and the bill includes Head On and George Eile orchestra.
The Ten Commandments will be shown at the Auditorium theatre next Saturday and Sunday marking its first city appearance here after touring five major U S cities and London last season. Adolph Zukor and Jesse L Lasky present via a dozen traveling units each with its own orchestra and technical staff.
The Lone Wolf came to the Capitol with Dorothy Dalton and Jack Holt in leading roles. Supporting players include Wilton Lackaye Tyrone Power Robert T. Haines Charlotte Walker and others. Review lauds acting and scenic investiture and notes scenes of Paris underworld mysteries and aerial stunts.
Paris January 5 The allied finance ministers meet to apportion reparations from Germany. The debate focuses on whether the United States should share in the Dawes plan and how this affects allied percentages. British cabinet talks may shape settlement, else The Hague court could rule. Premier Herriot and Finance Minister Clementel aim to smooth progress. Bratiano and Stoyanovitch arrive with aides.
N B Keeney & Sons Inc announces plans for an up to date pea seed packing plant in Rigby Idaho with capacity for 50 000 bushels. John F Miller manager of the St Anthony plant says Rigby will be the companys regional headquarters as Keeneys operates in a dozen western states. Idaho activities have focused on peas in the upper valley and beans near Filer.
Washington January 6 189104 freight cars or eighty two percent of the on line were in need of repair on December 15 the American Railway association today announced. Compared with December 1 this was a decrease of thirty six cars. Of the total one hundred forty five thousand two hundred forty one cars were in need of heavy repair which was a decrease of one thousand forty five from December 1.
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