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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jun 01, 1931
Page
7
New York shares dropped to new lows in the car sector leading a broad retreat. Transportation issues hit hard with Atchison down 10 points and New York Central, Union Pacific, Baltimore & Ohio off 4 to 5, while Pennsylvania declined sharply amid a market-wide downturn.
New York stock figures show Am Sup Pow at 8 percent, Elec Bond & Share around 31 percent with related entries, Hecla Min at 4 percent, Niagara Hud at 9 45, St Oil of Ind at 19 percent. Days Sts Elec and others list modest gains in utility and mining firms.
USDA quotes Chicago livestock and cattle prices with bulk hogs at 150 to 220 cents, top 6.25, weights 230 to 300 pounds. Cattle and calves show steer and heifer price ranges with heavy steers around 7.50, typical cows 4.00 to 5.00, bulls 3.75 to 4.50. Market activity noted as fairly active on shipper activity and local buyers for yearlings.
Chicago June 1 Government agencies bought cash wheat above July quotes but all grain contracts moved to September and December. Wheat sank to a new bottom as bear pressure from broadly heavy securities, especially United States Steel, weighed on markets. Domestic crop reports showed winter wheat yields above May forecasts and US wheat visible supply rose by 2 106 000 bushels. Wheat faded 1 to 1 1/4 cents, corn down 1/2 to 1, eats fell 4 1/2, provisions rose 12 to 25 cents.
Potatoes shipments totals for May 29 to May 31 listed by state, with Alabama Florida Georgia Idaho Louisiana Maine North Carolina South Carolina Texas and others. Chicago market notes show prices for Bliss Triumphs Idaho Russets and Wisconsin round whites with futures for Idaho Russell October. Silver futures in New York reported higher demand at 28 percent.
Wheat quotes held at 81 to 81 half for various grades. Corn mixed, white and yellow corn around 55 to 74. Oats ranges from 26 to 275. Rye had no sales. Barley 37 to 57. Timothy seed 8.26 to 8.75. Clover seed 10.50 to 17.50. Lard 7.37, ribs 7.75, bellies 1.75.
In Boston on June 1 fair quantities of new 64s and finer western wools move in original bags at steady prices versus last week’s top makers. Trade is light on 56s and 48 60s grades though some new offerings arrive. Domestic wool receipts for the week ending May 20 totaled 9,987,700 pounds, up from 3,441,300 the prior week.
Wheat planted in North Carolina last fall is expected to reach the normal acreage of 491000 acres, indicating a typical sowing pattern for the region. The forecast reflects historical trends and aligns with seasonal planting outcomes for the state.
Judge Jay L. Downing held motions and demurrers on his calendar. Divorce cases Anne Edma vs Edward Edmo Lydia Hauck vs P A Hauck and Thelma Crane vs Melvin Royal Crane featured show cause hearings with temporary alimony and fees set. The Crane case noted a witness earning a dollar a day and monthly child support of 17.50 plus 50 attorney fees.
Mr. and Mrs. H. C. Peake of 622 West Bonneville depart tomorrow for Columbus Ohio to attend the B of L F and E convention set for June 8. En route they will stop at Denver and Erie Pa. before returning home after about thirty days with stops at Niagara Falls Chicago and Mooseheart Illinois.
Lions Club members and guests head to Big Cottonwoods on Rapid Creek for a 6 30 start from the YMCA. They will enjoy a picnic supper, games after, and a dance at the Hiway Inn with the club orchestra providing music.
The fourth annual Pocatello Tribune Y M C A free learn to swim campaign opens June 8 for children aged 10 to 15 in Pocatello and vicinity. Classes run June 8 to 11 at the YMCA under Austin L. Jones with Mrs Joseph Sabesia and W. W. Godfrey assisting. Certificates will be awarded to those who swim at least 20 feet after completion.
The state W B A convention opens at Memorial building Tuesday afternoon at 2 o clock with a 6 30 banquet for all members. Gate City Commandery 4 E T meets at 8 pm for June convocation and officer election.
A musical comedy titled Riding Down The Sky will be presented Wednesday at 8 30 PM in the L D S third ward recreation hall to benefit the building. The production blends drama music and dance with a Spanish flaire featuring Carmalita Pepita Rosa and a dashing U S Marines cast including Lynn Gee Louisa Pickett Mrs William Hill and others.
John Fragart and Anna Mecca were held in county jail after federal officers aided by deputy L B Tolley arrested them following a Lava Hot Springs to Pocatello automobile race. Authorities confiscated 24 gallons of whiskey and eight cases of beer. They were arraigned before U S Commissioner F E J Jeman and held on 6000 bonds to answer federally. Tennessee horticulturists urge cabbage yields on reduced acreage for profit. Farm earnings per mule in South Carolina rose to 405 dollars versus 143 in 1914.
Frank Keen of Bose, manager of the South west Idaho fair, was named by the governor as assistant commissioner of public investment. He will replace E. M. Hoover of Boise, who moved to an assistant role after four years as commissioner under Governor Baldridge. The current commissioner is J. J. Walling of Nampa.
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