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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jun 17, 1920
Page
10
Rome June 17 AP Giovanni Giollitte, Italy’s premier, defends prewar foreign policy and says Italy aimed for neutrality at the outbreak. He cites the 1912 renewal of the triple alliance and asserts no changes were made. He stresses his heavy burden and commitment to do his best.
The report shows growth in several cities with figures for 0617 and June. Great Falls Montana rises by 10 175 to 24 121, Fairmont West Virginia up 140 to 17 851, New Wedford Massachusetts up 24 565 to 121 127, Northampton Massachusetts up 2 520 to 21 951, Lansing Michigan up 26 098 to 57 327, Wenatchee Washington up 8 274 to 6 924, Bristol Pennsylvania up 1 017 to 10 273.
Read the Tribune Classified Ad for Fans in all sizes from Pocatello Electric Co. and others.
Market News New York June 17 reports the treasury department's plan to buy silver for domestic producers under the Pittman act altered dealer quotes. Domestic metal was priced at 99 1/2 cents per ounce while foreign metal traded at 90 cents, the latter tied to the London equivalent.
In New York on June 17 inactivity dominated the noon to close period with Virginia iron as the lone gain. Oil shares rose slightly while standard industrials and rails posted only tiny moves. United States Steel and Baldwin show moderate gains as the session ends heavy with about 200,000 shares traded, among the dullest of the year.
Washington reports Japan's balance of trade for the first half of June was very unfavorable amid ongoing financial depression. The Mogi bank at Yokohama remained closed after its May 24 suspension, signaling ongoing uncertainty in silk and strained bank and merchant relations over silk security value.
U S Bureau of Markets reports hog receipts in Omaha at 13 000 with prices 14.00 to 14.65, cattle 3 300 with beef steers steady to 25c lower and top he beef 16.10, sheep 6 000 with lambs to 16.40. Chicago totals include cattle 10 000, hogs 30 000, and sheep 12 000 with mixed losses and price ranges across classes.
Chicago market report notes potatoes steady with 41 car receipts. Southern prices show slight gains with triumphs and Florida Spaulding rose to 14.00 per barrel, Carolina cobblers 14.25 to 15.00, items tied to June 17 market activity.
Chicago grain quotes show Wheat No 3 hard at 2.85, Corn No 2 mixed 1.85 to 1.91, No 2 yellow 1.86 to 1.91, Oats No 2 white 1.14 to 1.21, Rye not quoted, Barley 1.59 to 1.62, Timothy seed 10.00 to 12.00, Clover seed 25.00 to 35.00, Pork nominal, Ribs 17.50 to 18.00.
Raw sugar remains steady with centrifugal at 19.56 and refined grades steady with fine granulated between 22.60 and 24.00. Market notes indicate stable pricing for sugar futures and immediate delivery across the market.
Mercantile papers offer 7 percent, exchange firm with sterling 60 day bills at 4 93. Frictions in commercial bills show 3 93 to 3 92. Demand sterling 8 97, cables 3 98, francs demand 7 90, cables 7 92. Belgian francs demand 7 17, cables 8 19. Guilders demand 86 12, cables 36 14. Fire and other rates steady around 5 85. New York exchange on Montreal at 13 percent discount. Government bonds irregular, railroad bonds easy. Time spans strong with dates. Call money steady at 7 percent. Closing bid and last loan 7. Bank acceptances noted.
New York reports Liberty bonds final prices with figures across series including 348 92.08, 48 85.50, first 48 85.70, second 448 88.86, third 448 88.86, fourth 44s 85.46, Victory 34s 95.58, Victory 44s 6.62 as the market closes.
New York bar silver price listed at 99 1 2 percent in the United States and 90 cents per ounce abroad. Mexican dollars quoted at 68 1 2, London bar silver at 49 1 2 cents. Money rates show 4 percent, discounts on short bills at 6 percent, and three month bills at 6 11 16 percent.
Chicago report shows butter lower at creamery 43 55 percent and Eger lower receipts 49 175 cases with firsts 37 98 percent ordinary sirata 83 34 at mark. storage packed extras 411 percent and storage packed firsts 40 percent. Poultry unchanged. Kansas City note records butter and eggs unchanged with poultry hens lc higher 20 30 and others unchanged.
A June 17 conference of western bankers and sheep ranchers in Chicago discussed creating a 100.4 million dollar fund to aid western wool growers while awaiting market reestablishment. Chicago bankers considered financing the annual wool clip if western bankers back the plan, shifting control from Boston. W I G Harding urged the meeting with senators Walsh Pittman King Hitchcock and Chamberlain in attendance.
Chicago June 17 corn prices weakened on larger receipts and bearish sentiment as open contracts were to be disclosed June 30. July and September quotes fell, while oats declined after cooler wet weather. Provisions mirrored grain and hog weakness as buyers stayed scarce.
The Tribune announces home delivery available across the city for 60 cents per month. Local readers may subscribe to receive newspapers at their residence or business addresses with regular service.
An advertisement claims glycerine and buckthorn bark in Adler-i-ka flush the upper and lower bowel removing poisons and preventing appendicitis. It also says the product relieves gas and sour stomach and cures constipation with a notable success reported by H. MM Whittlesey, a local druggist.
Sealed proposals due 10 am June 23 1920 in Boise Idaho for part of the Idaho Utah state highway Federal Aid project 17 in Bannock county. Plans and forms at the Director of Highways office plus P B Wilson in Pocatello. Deposit $10 per set. bid guaranty 5 percent required. proposals opened publicly. A 60 percent performance bond will be required. contracts to be awarded to best responsive bidder.
Sealed bids will be received by the Board of Trustees of Soda Springs Idaho until o'clock p m June 28 1920 for furnishing material and labor to construct about one and one half miles of eighteen inch wood pipeline with venture meter valves and fittings and concrete catchment basins foundations etc specifications may be seen at the clerk's office.
Announcement from Soda Springs Idaho dated June 7 1920 states the board may award separate contracts for labor and material or any part thereof and reserves the right to order by the Board of Trustees. Paul Tipton chairman and Med Nordstrom clerk sign the notice.
A stockholders meeting of the Pocatello Milling and Elevator Company in Pocatello Idaho is called under a majority vote of directors to discuss increasing capital stock from 1750 to 6000 shares of 100 par value. The session is set for June 19 1920 at 2 pm with related business to be transacted. The notice is dated May 17 1920 and signed by I B Lambing president and E H Lambing secretary.
Proposals due by ten o'clock a.m. on the 32nd day of June 1920 at the Idaho Public Works office in Boise for Bannock county highway work. Bid security 5 percent may be cash certified check or bidder's bond. Bond must guarantee contract execution within ten days. Judge requires 60 percent bonding for faithful performance. Also included are city budget figures for Pocatello for May 1920 to May 1921 with details by department and revenue sources.
J Dils advertises as a trusted rug cleaner in Pocatello and Salt Lake City. He claims exclusive use of his cleaning material, offers references to top homes and hotels, and warns against imitators. He notes services for wallpaper cleaning and kalfe mining with specific call times and a local phone number.
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