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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jul 18, 1925
Page
3
Chicago July 18 AP reports the wheat market rose as fear grows the U S may import breadstuff instead of export. Hot weather slashed the spring wheat crop by up to 30 million bushels, with futures 14 to 15 mayor higher while corn and oats edged up and provisions varied.
New York July 18 AP reports expansion of general business and optimistic half year earnings projections for industrials. Broad market strength, record investment shares, and advances in rail, equipment, merchandise, electric power, steel, and tobacco stocks boosted prices. notable moves include American Dan up to 208% and Sears Roebuck rising several points, Fairbanks Morse and General Railway Signal also rising. Trading volume near 656000 shares.
General Pershing departed Washington for South America to attend the first meeting of the Tacna Arica plebiscite commission of which he is head. His party will sail from Key West on Sunday.
Albert RB Leland was awarded 10000 damages by a jury in his 50000 slander suit against FE L Hartig a wealthy Oak Park church official and former parishioner.
We signed a unique pledge to protect used car buyers in this city. Visit our showroom to see the pledge promising frank assessment of each car’s condition and one fair price for all customers.
Hog receipts around four thousand in Chicago with most prices down 15 to 40 cents from Friday. Cattle and sheep trends show mixed changes with limits and tops noted, including week highs for heavy steers at 14.50 and fat lambs around 15.75, amid varied regional quotes.
Kanaan City notes July 18 cattle receipts 300 head calves 60. Grain fed better grades up 25 to 60 cents over a week ago while other fed types rise 15 to 60 cents. straight grass cattle steady to 25 cents lower. Top yearlings 13.46, mediums 13.40, heifers 18.65. Butcher stock steady, other classes 15 to 60 cents lower. canners 10 to 15 cents lower. calves 50 cents to 1.00 lower. bulls 15 to unknown lower.
Bullish week with rising participation and speculation in oil steel and copper shares. Bonds fell as new issues such as the Australian government loan dominated activity. Steel shares gained on dividends and earnings while U S Steel touched 119. Oils benefited from falling crude production and tightening gasoline stocks. Copper and railroad stocks advanced amid price highs and potential special dividends. Southern Railway crossed par and other rail stocks posted new peaks.
The wheat market eased on selling by commission houses with profit taking and bearish Liverpool quotes. Spring wheat crop damage reports and Canadian losses supported declines, while later rallies kept prices near the prior day. Corn and oats also slipped as lack of buying persisted and hog values weakened provisions.
Potatoes receipts reach 93 cars with U S shipments 662. Trade described as moderate supply and slow demand. Market weaker on sacks with Kansas and Missouri grades trading around 2.25 to 2.75 per cwt for No 1 cobblers, barrels report no sales.
Chicago reports market quotes with No 2 red wheat at 1.65 and No 2 hard between 1.62 and 1.64. Corn No 2 mixed 1.07 and No 2 yellow 1.13. Oats No 2 white 49% and No 3 white 46 47% with barley 85 86. Timothy seed 6.85 8.00. Clover seed 19.27 27.00. Lard 17.62, ribs 18.62, bellies 2.00 24.00.
Liberty bonds closes and government securities quoted. Cattle receipts steady with grain fed steers and yearlings listed at 10.00 to 12.75 for Kansas and western cattle. Hog and sheep receipts show mixed demand with top hog prices around 13.60 and lambs around 14.60 to 15.16. Utah and Nevada transfers noted with cattle in transit to Denver and Price Utah markets.
A playful puzzle tale describes a duck performing dances and an oil coated coat that keeps him dry. Edward and a mother discuss pets and animals while a tadpole becomes a frog. The solution to this puzzle will appear in tomorrow's Tribune.
Partly cloudy today and Sunday with possible thunderstorms in the western portion this afternoon or tonight. Cooler temperatures expected tonight in the northwest portion.
New York stocks end trading with mixed results as oil shares show declines and gains. Continental drops 25 percent while Prairie Pipe Line rises 126 percent. Standard of Indiana slips 67 percent and Standard of New York advances 441 percent. New Bradford trades 6 percent higher amid limited activity. Salt Creek Consolidated appears blank.
Foreign exchanges held firm in New York with bid and cable quotations across major currencies. Key rates include Great Britain at 4.85 11-16 centupl, France near 4.70 percent, Germany around 23.80, Sweden 26.88, Argentina 40.37, Brazil 11.50, Tokio 41 percent, and Shanghai 78 percent, with Montreal at 100 1-32.
New York on July 18 reports bar silver at 69 percent purity and Mexican dollars at 5?34 percent in the market, indicating a notable shift in precious metal prices.
Washington reports June retail food prices rose, while employment and wages in manufacturing declined. The Bureau of Labor Statistics based its finding on 9,994 establishments in 52 industries, with the retail food index climbing from 151.6 to 155.0, and a 9 percent average rise since June 15, 1924 to June 15, 1925. City results show general increases up to 5 percent, including Denver.
A brief notice announces a small remaining run of the Reclamation Edition. It invites readers to share a copy with friends before the stock runs out, highlighting scarcity and a personal reach.
Manila July 18 General Leonard Wood told the Philippine legislature that the government should transfer to private enterprise all railroads mines and agricultural enterprises now under its control. He also noted a possible shift to cash accounting due to higher revenues in 1920.
Dean Onativia and Company, a Chicago and New York brokerage firm, which failed with liabilities of 36 million dollars, will reopen Monday after its receivership was terminated. With 2.7 million dollars of new capital subscribed, Federal Judge James H. Wilkerson dismissed the bankruptcy and discharged the Chicago receiver Abel Davis. Receiverships in the east will be terminated as consolidated ancillary actions end in Chicago.
In Rome on July 16, Deputy Giovanni Conti and journalist Curavio Luckert fought a duel that left both men with minor face wounds. The duel follows a campaign against duelling amid a rise in recent engagements.
Torrential rains battered the Hong Kong Kowloon district yesterday causing seven houses to collapse. About 200 people of the better class occupied homes were left homeless and Chau Siu Ki a former member of the legislative council was killed along with several family members.
An official communique reports French troops repelling Riffian assaults on positions vital to Fez defense. Riffians were driven back Thursday at Oud Hanine north of Teroual, as the fight for northwest Morocco continues.
A decade of work by the Neighborhood Association reshapes downtown Manhattan. About 1,000 sponsors finance a 500000 playground and cultural clubs. The demographic mix—from Irish and Austrians to Syrians and Greeks—shares one language through work, schooling, and generation two.
Aine Mattous French air lines bombed the Riffians causing heavy losses as fighting and bombardment intensified. The incident underscores escalating hostilities in the region with substantial casualties reported among Riffian forces.
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