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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jan 23, 1925
Page
10
The Commercial Bulletin notes world wool markets are hesitant amid high costs and mixed demand. London prices remain high but trading is dull with heavy withdrawals. U S and domestic fleece quotes list assorted grades and Mohair remains steady on limited demand.
Trading ends with mixed results for Allied Chemical and American Sugar while Du Pont General Electric and General Motors show solid gains.主要大企业如 American Tobacco and Coca Cola list higher closing prices amid a broad market with several rail and steel names showing firmer or unchanged levels.
Chicago January 28 fresh record high wheat prices surged at the open with May and July futures up as Liverpool Buenos Aires and Russian buying signals buoyed demand. Corn and oats followed stressed by market shifts while provisions held steady in early trading.
On January 23 foreign exchange quotes showed demand for Great Britain at 4.80 percent, France at 5.41 percent, Germany at 23.80, and other nations with varying cable and bill rates. Call money firm at 3 percent with bids at 4 3/4 to 3 percent, last loan 8, time loans steady amid mixed collateral for 60 to 90 days and 4 to 6 months.
New York treasury market closes with Liberty bonds at 101.20 for 8s and various U S government issues notable across the board. First and second 4s at 101.27 and 100.31, third 4s at 101.17, fourth 44s at 101.29, with U S government 48 at 100.20 and 4s at 104.20.
Copper steady at 14.75 for spot and futures as tin remains firm at 57.75 spot and 57.87 futures. Iron and lead hold steady with lead at 10.00 spot. East St. Louis listings show spot 7.60 and futures 7.65 for another metal. Antimony quoted at 17.00 spot.
Early morning potato trading holds firm in Chicago with moderate activity. Receipts total 72 cars and shipments 925. Wisconsin sacked round whites 1.10 to 1.20, fancy shade higher. North Dakota sacked round whites 1.20. Idaho sacked russets 2.40 to 2.50.
O L Scott reports that major export houses deny a wheat corner exists and say world demand and a public export market explain the near war level prices. He cites Julius H Barnes and a U S Agriculture statement backing no alarming speculation while stressing global shortages and rising exports.
On January 23 grain futures advance in some classes while others dip. Wheat No 1 bids up 1.95 percent and No 3 hard 1.90. corn No mixed around 1.214 to 1.23. oats No 2 white about 459 to 460, No 3 white 66 to 58 percent. Rye No 2 at 1.64. barley 95 at 1.00. timothy seed 5.75 to 6.60. clover seed 25.00 to 33.00. lard 16.02. ribs 15.62. bellies 17.50.
The New York spot raw sugar market remained quiet at 4.59 duty-paid. Future shipments slipped 132 cents to 4.55 on 40,000 bags of Puerto Rican sugar for late February delivery, while January pricing drifted 8 points lower on liquidation from notices.
A concise guide to finance and investing tactics covering stocks bonds and asset allocation. It emphasizes risk management diversification and long term planning through practical market insights and examples.
A sinking fund is a yearly set aside by a corporation in fixed sums to retire bonds when due. It mirrors a Christmas Savings Plan, easing fixed debt burdens and often making such bonds more desirable than those without a sinking fund provision.
Chicago receipts show hogs 47 000 with active demand and steady prices. Top hogs around 11 90 with loads of choice butchers and many weights selling across a wide range. Cattle receipts 3 000 with fed steers steady amid a weeklong decline and majority medium quality and below.
Omaha market notes show hog receipts 16 000 with values 9.35 to 10.65 for various weights and sows 9.90 to 10.00. cattle receipts 1.50. fed steers 7.00 to 9.10. stockers and veals steady. beef cows 4.25 to 7.00. lambs 17.50 to 18.00 in western markets. ewes 7.50 to 9.85 with no choice light ewes available.
Cattle receipts 13 000 and calves 200 show slow demand with steady bulk values for fed steers and yearlings 7.00 to 8.50 while two loads of 1 478 pound steers bring 8 75. Hogs receipts 5 700 with shipper markets steady to 5 higher and top 10 75 for shippers. sows 10 00 to 10 15. Sheep receipts 2 000 lambs firm to 25 cents higher with top at 18 00 and ewes around 10 40.
Hogs receipts reach 7,000 with prices steady to 10 cents higher, top 10.85 and bulk around 10.25 to 410.80. Cattle receipts 600 with steers mostly 7.00 to 8.75, top 9.50, cows and heifers 3.25 to 9.00, calves 4.00 to 10.40, stockers 4.50 to 7.85. Sheep receipts 3,500, 10 to 15 cents higher, ewes 9.00 to 0.25. prices vary across classes.
Portland Oregon January 23 cattle and calves nominally steady with no receipts hogs steady with 100 contracts received feeder pigs 70 to 130 pounds common through choice priced 8.00 to 9.50 sheep and lambs nominally steady with no receipts reported.
Chicago notes slow beef movement to consumers and draggy overall market. Pork trade eases to lower prices while cold storage stocks rise steadily.
Williamson county miners earned 600000 in two weeks, the highest fortnight total in over two years, reflecting strong mining activity and earnings.
Idaho lawmakers discuss tailoring laws like ready to wear styles and question the need for opening prayers. The banter touches Bible readings in public schools and church competition, noting existing laws against restraint of trade and urging focus on not mandating school clothing manufacture.
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