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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jun 02, 1925
Page
8
Chicago June 2 grain markets fall across corn wheat and oats as rains ease drought fears. December corn plunges 54 cents with wide declines extending to September and December futures. Hogs support the pork market while speculative selloffs intensify overall weakness. occasional rallies occur before new unload orders push prices lower again.
Washington reports May 25 crop condition at 76.6 percent of normal, up from 65.6 percent a year earlier and above the ten year average of 72.0. Acreage figures and forecasts are due next month from the Agriculture Department.
Secretary Wilbur plans to stage a diploma scene at the naval academy without President Coolidge present. Ramon Navarro the actor would not take part in the regular exercises, and the scene will be arranged to suit a motion picture production.
Sporadic profit taking and short selling caused irregular movements in today's market in New York. Maxwell Motor issues surged while rubber, lead and steel prices firmed amid merger rumors. heavy trading topped 1,360,000 shares as May Department Stores rose and Dupont hit a new high.
Hog receipts reach 19 000 with gains as high as 25 cents on heavy classes and mixed weights. Cattle trade shows strength with fed steers rising and choicer cows and heifers up, while vealers soften. Sheep, lambs see fewer sales and lower bids amid slow fat lamb demand. A separate note notes academy exercises replacing a president appearance and Navy publicity questions regarding Navarro diploma scenes.
Amarillo reports Texas wheat crop nationwide estimates show maturity uneven with late rains halting progress but not wiping out yields. Dealers peg current conditions at two to twenty percent of normal depending on locality and timing.
New York reports a rum smuggling ring planning an armed fleet to battle the coast guard amid a five week blockade. Eight ships now operate in smugglers row off Boston with French and British vessels among them. two destroyers may join the patrols in Massachusetts Bay. Coast guard crews desertions rise as men quit after hard duty and short leaves.
Miss Helen Williams gave a piano diploma recital at Frazier hall Idaho Tech conservatory of music concluding the year's events. The program included Bach Toccatta and Fugue in D minor and Liszt Rhapsodie Hongroise No 11 with strong technique and stage presence. A two piece duet with Mayme Ingard Neilson drew hearty applause and William Goleeke assisted Williams in his usual good form.
A sweeping, human story captivates audiences as Capital Punishment opens at the Strand for five days. Stars George Hackathorn Clara Row Elliot Dexter and Mary Carr headline the cast in a nationwide acclaimed production.
The Orpheum screens The Denial tonight for the last times featuring Claire Windsor with a 1897 setting. Tomorrow's bill offers Blanche Sweet and Ronald Coleman in His Supreme Moment.
A fiancee betrays Donovan Steele on the eve of marriage and steals his trust. Neree Caron, a hunted French Canadian, seeks justice as Steele’s sight fails. Percy Marmont leads with Alma Rubens co starring in Universal Jewel's A Woman's Faith at the Capitol starting tomorrow.
A railway company in Remadale Norway fitted scenic coaches with glass roofs to give passengers views of mountains as trains run along coastal routes to Catalina Island. The feature has increased tourist travel significantly.
DeHaviland army planes stationed at Woodward Field Salt Lake are to arrive Sunday morning for training of local army reserve pilots observers and enlisted men. Captain R F Herold of the one hundred fourth division air service directs Lieut Hobart H Steeley to proceed to Salt Lake Saturday night with five planes available there and at least three planned to fly to Pocatello weather permitting.
The New York Stock Exchange opened an inquiry into Maxwell Motors shares after a sharp rise from June. The B shares jumped from 33% to a record 116% intraday, with E V D Cox of the exchange instructing members to report their holdings in Maxwell Class A and B stock as of June 1 and the day’s transactions.
Paul Clagstone manager of the western division of the United States Chamber of Commerce will be guest of honor at the weekly luncheon of the chamber at the Bannock hotel. Dr Youn will preside and Clagstone will report on the Washington national convention with emphasis on the western delegation.
The bondholder has a safer position in depressed markets, as sugar producers face falling sugar prices globally. Bondholders are less exposed to earnings volatility, since bonds offer fixed obligations while stocks ride profit swings. Even amid low prices, well managed bonds can remain sound. stockholders shoulder greater risk and uncertainty.
Investors seek details on who borrowed shares, the quantities lent, and the counterparties. The questions ask for per stock tallies of shares shorted, borrowed, and loaned, along with borrower identities.
In a breezy advisory tone the ad pitches diamond rings for hearts and a full tackle stock for fishing. It promises affordable restoration on engraved wedding bands and suggests leaving watches at home for travel. MacMillan again endorses ZENITH RADIO for ships and planes.
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