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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jul 07, 1925
Page
3
New York July 7 AP Pola Negri must pay 57000 to the government to recover two diamond and emerald bracelets and a diamond ring she failed to declare after returning from an European trip. Customs valued jewelry at 47000 with a 10000 fine. wine found in trunks led to additional penalties.
Fire at Imperial Oil and Gas near Northlet Arkansas began in the treating plant from an undetermined cause and spread to four wells and six earthen tanks. Loss at noon estimated between 500000 and 1000000 dollars. Ohio Oil and Gas, leasing adjacent land, reported heavy losses.
New York July 7 The comptroller of the currency reports record prosperity in national banks as of June 30 with resources deposits and undistributed profits topping prior boom years. Chicago banks show combined deposit gains of 127 million and National City Bank in New York surpasses 900 million for the first time. The total statement to the comptroller reaches 910,903,905, up over 80 million since April 6.
The Pickwick club building collapse that trapped a gay crowd the night before the Fourth has yielded the last of the dead as investigators probe blame. The county grand jury spent 16 hours at the scene questioning survivors and witnesses and will resume today with 15 heard and 30 more summoned. Governor Fuller promised state help and potential referral to Attorney General Benton if needed.
Portland July 7 promoters cancel Friday night bout between Pancho Villa and Tom O'Brien after Villa’s manager in San Francisco reports he had three ulcerated teeth extracted yesterday and is too ill to box.
Swampscott July 7 AP President Coolidge advocates a general income tax cut with a maximum surtax possibly down to 25 percent or even 12 percent if it boosts revenue and business. He favors reducing the inheritance tax and awaits treasury guidance on a full reform plan while hoping for accord with France Belgium Italy and others on debt funding.
Davel Shade the California welterweight who KOed Jimmy Slattery at the Italian hospital fund matches has signed to fight September 3 or 18 at the Polo Grounds. Harry Greb is the preferred opponent if feasible, with Mickey Walker as backup and Paul Berlenbach as another option if Walker or Greb cannot be secured.
Swampscott Massachusetts July 7 Frank W Mondell submitted his resignation to President Coolidge today as a member of the War Finance Corporation.
An earthquake of considerable magnitude was recorded at 3 51 a m today on the seismograph at the U S magnetic station in Ewa. The shocks lasted about three hours and the disturbance’s distance could not be estimated. The tremor resembled the Santa Barbara quake in the seismograph record.
Favorable yet scattered rust reports spurred an upward tilt in wheat futures with September rising to around 1.49 and December to 1.44 as traders faced scarce offerings. Corn and oats followed higher while hogs declined, and large export business supported a broader market advance.
Trading closes with mixed results across major groups. Names like General Electric and General Motors appear among gains and losses, while utilities and rail shares show uneven movement. Investors assess industrials, oil, and fruitless sectors as the market edges toward the close.
Hog receipts reached 20 000 with slow light and medium weights trading mostly 85 to 400 lower in places. Bulk 149 to 176 pound hogs averaged 18.90 to 14.20 with early tops to 14.60 and 226 to 825 pound butchers around 19.90 to 14.18. Slaughter and packing cow bids were lower and creesey hogs ranged around 3.00 to 18.60. Overall hog market mixed with lighter weights under pressure.
Raw sugar prices in New York on July 7 held around 4.27 duty paid after a sale of 20,000 Cuban bags to a local refiner. Futures traded weaker in late morning with losses of fractions to 1 point as commission houses and Wall Street pressed sellers. Refined sugar remained unchanged at 6.50 to 5.60 for fine.
Trade activity slows as buyers and sellers pause in hopes of cheaper goods. Market watchers cite cautious sentiment and variable demand across sectors amid uncertain price trends for the near term.
Portland July 7 The Internationa l Christian Endeavor convention featured a parade of members and visitors as the main event with ideal weather and a nearly full turnout.
Washington July 7 AP Assistant Secretary Andrews ordered discontinuance of speeches by women agents of the prohibition unit aimed at educating sentiment for law enforcement. Miss Georgia Hopley of Bucyrus Ohio resigned after assignment to work with women organizations. Two other women agents remain active in enforcement with no change in status.
When comparing quality fairly, the GOLDEN RULE prices are typically lower. The ad suggests value in price leadership and emphasizes economical options for buyers seeking fair quality.
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