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The Pocatello Tribune in Pocatello, Idaho

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Newspaper

The Pocatello Tribune

Location

Pocatello, Idaho, United States of America

Date

Jun 08, 1930

Page

10

Economic indicators chart by federal agencies and associations

A compendium of business data across sectors and regions shows industrial production, wholesale trade, employment, prices, and living costs. Sources include the Federal Reserve Board, Commerce Department, Labor Department, NICB, FPW Dodge, American Railway Association, and NY Evening Post, covering 8 lines and 50 industries.

Federal Reserve Board Department of Commerce Department of Labor National Industrial Conference Board Iron Age and Steel Institute FP. W. Dodge Corporation American Railway Association Comptroller of the Currency and Association of Life Insurance American Federation of Labor New York Evening Post

Market Breaks Out of Narrow Range as Stocks Fall

New York stocks slipped sharply after a period of quiet trading. The composite index of 90 leading shares dropped nearly 4 points while U S Steel hit a yearly low and several issues fell 3 to 6 points. Trading neared 2.25 million shares as investors rushed to exit, with little sign of cover in the final minutes.

New York U. S. Steel Radio North American Goodyear Westinghouse J. I. Case Chemiecal Vanadium Poster Wheeler Houston Chicago Northwestern Lackawana Teckel Plate Wabash, Simmons General American Tank Pullman Gulf States Steel American Radiator American Rolling Mill U.S Industrial Alcohol Studebaker and Hudson

Business Briefs from April and May Economic Indicators

Debits to Boise banks in April totaled 12.057 million versus 15.346 million a year earlier. For the first four months of 1930, debits reached 654.389 million, up from 58.452 million year ago. Week ending May 17 railway car loadings were 930,004, down from 933,931 prior week and below the five year average of 1,020,383. Average daily crude oil production for week ending May 24 was 2,579,500 barrels, up from 2,607,900 the prior week and above last year’s 2,900,350. Building contracts in eastern states for May 1-37 averaged 17, with May’s average at 22,606,400. Business failures for week ending May 22 numbered 480. A section on Getemeritics sales by Motor oc on to Gen- April is unclear in the text.

Ployver Iron and Biles Ing INGS Ts'ng Indus Eccwccese Soccetcocce Boise, Idaho

Potatoes Market Report From Chicago and Salt Lake City

Potatoes in Chicago on June 7 show 124 new and 8 old on track 152 new 18 old with 8 shipments totaling 1 064 old stock about steady no sales reported new stock barrels weak sacks barely steady trading fair southern sacked bills 83 60 4 mostly 638544 North Carolina barrel Irish cobblers 65 25 5.60 mostly 5.40 5.50 for best ordinary 5.15. Salt Lake City June 7 notes 8B shipments 1084 with principal states Arkansas 57 California 74 Georgia 27 Louisiana 30 Maine 166 North Carolina 800 Oklahoma 79 South Carolina 117 Texas 83.

Chicago USDA Southern Bills North Carolina Salt Lake City Arkansas California Georgia Louisiana Maine Oklahoma South Carolina Texas

April Department Store Sales Index Reaches 106

The Federal Reserve board index for department store sales, adjusted for seasonal variation, stood at 106 in April, unchanged from April of the previous year.

Federal Reserve Board

Grain and Provisions Market Summary Chicago June 7

Wheat prices were unchanged to 1c lower as traders noted a large U S wheat stock exceeding last year. Corn and oats fluctuated with movements from a decline to a rise while provisions edged higher on cash demand and speculative buying.

Chicago Board of Trade United States

Grain market slides as grain futures slump on stock decline

Chicago reports a bear market in grain with wheat closing unsteady and off about a bushel while corn and oats also fell. Weather and holiday export blockages dampened demand and a Canada crop summary pointed to slow growth, with larger corn receipts anticipated next week and hog-backed provisions declining.

Chicago Stock Exchange Canada

Wool Market Holds Steady Across Grades in Boston Market

In Boston a large wool market decline did not occur over the week with demand spread broadly among grades. 74s and fine wools, notably original bag lines, led activity while 48 and 50s followed. 58 and 60s sold well but 56s stayed dull. Prices were firm to slightly stronger, though some houses reported softer demand while others saw steadiness.

Boston

Livestock prices ease after holiday trade dip in Chicago market

Cattle receipts reach a second largest weekly run of the season with fed steers and long yearlings down about 60c, fat cows and heavy heifers off up to 75c, and pigs and hogs trading mostly lower. Sheep show broad declines as direct and weighted prices slip. Replacement cattle remain scarce and light stockers rise gently.

Hogs Cattle Sheep Prices Steady to Mixed Across Omaha Market

Omaha June 7 AP USDA report shows hogs 6 500 steady to 10c lower with strong weight butchers down 10 15c. top 6 10 on 200 lb butchers. Cattle calves mostly 25 50c lower with vealers down up to 150. Stockers weaker. fed steers 69 12.25. yearlings 12.75. Sheep receipts 350 with lambs 25c higher and mature sheep 1 1.50 lower. feeding lambs 8.75 9.

Hogs and cattle market report from St. Joseph week

Hogs 3,500 traded, about 10 to 15 cents lower than Friday. top 10.05 for 200-240 lb hogs, bulk 170-320 lb 9.85 to 10. Sows steady to weak 8.75 to 9.25. stock pigs nominal. Cattle about 200 head. beef steers, yearlings, butcher stock 25 cents lower. medium cows 50 to 75 cents lower. bulls weak. Vealers and replacement cattle little changed. top matured steers 12.75, yearlings 12.25. bulk steers and yearlings 10 to 11.50. most heifers 10 to 11. beef cows 6.50 to 7.75. cutters 4.25 to 5.75. bulls 7 down. choice vealers 12.50. few choice feeding steers 10 to 10.75. bulk 8 to 9.25. Sheep 2,500. lambs and yearlings steady to 25 cents higher. aged sheep weak. Idaho lambs 12.50. sorted 9.50. natives 12.94. yearlings 69. week lambs little changed. yearlings 15 to 25 cents lower. aged sheep mostly 25 to 50 cents lower. Bulk California lambs 11.75 to 12.23. natives 11 to 12. choice light yearlings 10.4 to 10.10. heavier down to 6.8. fat ewes 4.50 to 5.50.

Chicago USDA Washington Oregon California Joseph Idaho

Market Report Hogs Cattle and Sheep Live Stock Prices

Ogden market totals show hogs 895 head with 64 market lots and a 200 lb lot at 1025 while packing sows fell to 68.25. Cattle receipts 228 for the week, steers 8950, heifers 7950, dairy cows down to 96.50 with lower grades to 3.25. vealers 11.50. Sheep 8694 head including 2083 California spring lambs, lambs 910.15, yearling wethers 7.50, ewes 44.50.

Ogden California

Cattle Prices Mixed. Nebraska Unsold Week Steady

Los Angeles reports cattle market activity with Hoge 400 loads slow and Nebraska unsold. Early top prices reach 11.60 while bulk easterns and California butchers trade around 10.85 to 11.50. Skimmed figures show week totals and class adjustments amid modest demand.

Los Angeles Ap-Usda California

Pocatello Growth Tied to British American Consolidated

Pocatello officials announce a major merger with British American Consolidated Properties Ltd. and its Guaranteed Bonds Corporation to finance West Pocatello development. Idaho Loan & Investment will become Guaranteed Bonds office in the Orpheum building and distribute bonds while reinvesting proceeds in the region. The plan envisions about 100 homes in West Pocatello starting this year with a Seattle base for the headquarters and New York/London bond distribution.

American Realty Founders Corporation First Avenue Republican Street Guaranteed Bonds Corporation Washington Corporation British American Consolidated Properties, Ltd British American Mines and Smelting Corporation British American Warehousing and Transportation Corporation British American London Outlook Bright Fred G. Caldwell Idaho Loan & Investment Company Krussman West Pocatello Pocatello Caldwell Moulton New York Seattle Idaho England West

Unclear Market Terms Move From Mixed Livestock Listing

Fragmented OCR reads show varied prices for bulk grassers cows calves and bulk common to medium cattle. Included are numeric values like 11.40 10 1085 8.60 9.75 6650¢ 950 87 75 6.25 750 and references to heifers cutters and calves with odd garbled phrases and incomplete product descriptors.

Salt Lake LDS youth groups plan 10,000 new members

At the annual conference in Salt Lake City the Mutual Improvement Associations announced a drive to add 10,000 members to the LDS church youth organizations. Oscar A. Kirkham urged a 10 percent increase, backed by George Albert Smith. Beehive girls staged tableaux and scouts presented dramatizations. Seventeen department meetings opened the event, with the Pioneer stake ward winning a dance contest at Saltair. Sessions continue tomorrow.

Salt Lake City Mutual Improvement Associations Latter Day Saints Church Oscar A. Kirkham George Albert Smith Association Hebert Grant Tabernacle Tweny-Sixth Ward Pioneer Stake Saltair Pocatello Stake

Public Lands Commission Suspends Hearings

Washington June 7 AP The public lands commission suspended hearings to study reports from public land states and the federal government. No conclusions yet. The commissioner is examining how conservation applies to water timber grazing coal oil and gas on the public domain.

Washington Hoover Public Lands Commission

Miner Dies After Cave-In At Plain Place Mine

Boise reports Leo Unterahrer aged 65 of Idaho City died in a hospital three hours after admission for injuries from a cave-in at Plain Place mine in Placerville yesterday morning.

Boise Leo Unterahrer Idaho City Plain Place Placerville

Indians Seek Return of Land in Spokane

Six Spokane area tribes the Colies Lakes Sanpoil Nespelem Okanogan and Meadows prepared papers to plead their case before Washington officials. They claim a million acres west to east was taken after discovery and press for return, represented by talk men and attorneys.

Spokane Washington Comlies Lakes Sanpoil Nespelem Okanogan and Meadows Cascades Rockles Carlisle America

Graham Elected President of Elks

M Howard Graham of Provo was elected president of the Utah Elks association at its seventeenth annual convention. A. L. George Eureka was named first vice president and Paul V. Kelly Salt Lake second vice president. Frank W Mathews Cogden third vice president J Edwin Stein Provo treasurer and B P Spry Salt Lake secretary. Next year’s convention city to be chosen by new officers.

Logan M. Howard Graham Provo Utah Elks Association A. L. George Eureka Paul V. Kelly Salt Lake Frank W. Mathews Cogden J. Edwin Stein B. P. Spry

For Sale Baldwin Radio with Mahogany Cabinet

For sale Sunday and Monday only a Baldwin 8 tube screen grid radio complete with mahogany cabinet tubes and Baldwin dynamic speaker. Priced at $126.50. Call 214 or 1434-W.

Baldwin

Also Mentioned on This Page

Tribune al Ch & Dy Kraft Phen Kresge Am Can Lambert Co Abeedehe Loew's T & Tel Miami Anac Copper Arm Nash Motors Barnsdal Beth Steel Cal & Hecla Burrough Nat Surety Cent NH & H Case American Cer de Pasco North Pac Ches & Ohio Packard Col Puel & Ir Skelly Oil Drug Inc du Pont Stan G & el Ll Eaman Erie RR Elec Studebaker Tex Gulf Sul Tim Roll Hupp Steel Harvest Nick Willys Kel Federal Reserve System N. Y F. R Local Securities Idaho Power Utah P. & Let Utah P. & Lght First Sec Corp Pocatello Tribune Idaho Portland Idaho Fort Schramm-Johnson Bannock Hotel Am. Falls Natatorium Kraft-Phenix J.C. Penney Co Ross-Davis DOW Jones & CO Ranecewce Brirs N. Y. Exch Wool Market Aera Montreal Rudyard Kipling Authors of Canada Omaha ST. Joseph Pocatello Concern Graham ELKS Moscow Charles Miller Loren Smith Idaho National Guard Clinton Lind J. C. Breier National Guard
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