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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jun 15, 1925
Page
8
Reports of favorable weather for the domestic wheat belt sparked a broad market drop in Chicago. Wheat led the sell off with July at 1.57% down to 1.56 and September 1.52% down to 1.51% as corn and oats followed the downward trend with substantial early declines.
A heavy wind and hail storm hit Nebraska on Sunday causing crop ruin across several communities and breaking thousands of windows. At Lincoln the Nebraska State Penitentiary darkened enabling two prisoners to escape. Alph W. Senter of Omaha died from heart trouble aggravated by the storm after going onto a porch to clear hail.
Chicago potato receipts show slow movement with weak trade. weekend shipments listed as 626 new 196 old on Saturday and 20 Sunday, with buyers favoring round whites from Wisconsin and Michigan at about 1.15 to 1.35 per unit. Oak stock and Carolina barrel friesh cobblars traded around 5.75 to 6.50, while Oklahoma-Arkansas sacked goods touched 2.50 and Illinois sacked early Ohio goods 2.25.
Ad vices to the department of agriculture indicate the European beet area this year will equal 1924. Total sugar beet acreage stands at about 5,189,000 acres, with declines in Belgium Romania Sweden Denmark and Italy offset by gains in Russia Czecho Slovakia and Germany. Italy reports a drop from 296,500 acres last year and Bulgaria seeded 37,000 acres. no sugar beet acreage has been contracted and factories expect not to operate.
Liberty bonds closed with mixed results as 4% issues show varied levels around 101.3 to 102.3. Government securities including U S 4% and related issues traded near 107.7 to 108.9 with several blanks and notation gaps in the source.
John W. Downey of Des Moines recounts meeting King George at Wembley with his son. He says he simply nodded and was greeted in return, denying newspaper claims of a hurried crowd or a direct request. Downey expresses amusement at the publicity and notes the king chatted briefly before moving on.
Fair in the south portion tonight and Tuesday with cooler conditions in the southwest. The north may see unsettled skies and possible showers in the northwest region as a cold front moves through.
U S foreign trade for May shows exports of 335,098,701 and imports of 302,987,? The May balance favors the United States by 42,000,000 with gold outflow near balance. Gold imports 11,404,051 vs exports 13,877,655 yielding a 1,973,604 deficit. Fiscal year to date exports exceed imports by 11,274,691.
Hog and cattle receipts across Omaha Chicago and Ogden on June 15 16 summarize price ranges for multiple weight classes and livestock types. Reports show steady to higher hog prices 10 to 20 cents up in Chicago and Omaha with top clouting around 12.80 for heavier butchers and 12.40 in some markets. Cattle and sheep volumes describe steadier demand with varied weights, prices and shortages for stockers and feeders, and specific bids for canners bulls and veal.
New York June 15 The raw sugar market shows steadier tone with no sales and spots at 4.40 duty paid. Warmer weather boosts covering and trade buying in futures, midday gains 2 to 8 points. Refined sugar holds 0.50 to 6.70 for fine granulated amid strong withdrawal demand.
Julius Kruttschnitt former chairman and supervising head of the Southern Pacific died at Presbyterian hospital at 3 AM. He retired in May 1881 after a 49 year career shaping Harriman era railroading. He was born in New Orleans July 30 1854 and educated at Washington and Lee University.
In the Fifth Judicial District Idaho court the Union Central Life Insurance Company seeks sale of real property in Bannock County. The described lands include parts of sections 13 24 and 19 township 12 13 south range 38 39 east Boise meridian totaling 157 acres with improvements and water rights. Sale set for June 30 1925 at 10 am at the Bannock County courthouse front door Potatello to satisfy a 1925 judgment of 1997.33 with cash. Sheriff H W Henderson dated June 6 1926.
President Coolidge became the first local contributor to a five million dollar American Legion endowment fund aimed at veteran rehabilitation and care for World War orphans. He asked his gift be credited to Northampton Post No. 28, of which he is an honorary member. donation amount not disclosed.
Chicago officials announced a drive to deport aliens who can be linked to evidence law violations as police rounded up hundreds of suspects in a major crackdown on gangsters following the Saturday slayings of two officers. Officials said most detainees in raids on rendezvous points and moonshine fronts were aliens.
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