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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jun 19, 1927
Page
10
Rains in wheat regions and poor corn prospects lift grain prices while oats lag. Kansas floods and heavy rain threaten harvests. Iowa reports half of corn under three inches tall. Oats subdued. hog demand supports steady provisions.
New York stocks edged higher in a half holiday session as traders anticipated large upcoming dividend and interest payments. Rail and specialty issues led rallies with several names hitting new highs, while concerns over credit conditions and potential flotations kept markets cautious.
Foreign exchanges in New York show mixed quotations with several currencies listed. Rates cover Great Britain France Italy Belgium Germany Norway Sweden Denmark Poland Czecho Slovakia Austria Argentina Brazil Tokyo Shanghai Montreal and others with varied figures for demand and cables.
Wheat No 1 hard 142 143 percent, No 2 142, No 2 mixed durum 1.30 1.36, No 3 87, yellow 97 97s, No 4 87, oats No 2 white 49, No 3 48. Prices listed for No 1 through No 4 grains with minor variations and moisture notes.
Hogs receipts about 3000 with steady trends top 9.20 for 160 200 lb cattle receipts 500 with mixed price shifts vealers up to 13 13.50 heavy steers around 13 14 price ranges and stockers steady sheep receipts 3000 with fat lambs around 17.50 native lambs 17.00 yearlings near 14 50.
Hogs 5 500 generally steady with 160 to 190 lb at 8.60 to 8.75 and 190 to 220 lb up to 8.90. Cattle: fed steers and yearlings 25 to 40 cents higher. stockers steady. slaughter steers 9.75 to 12.00. weighty steers to 13.00. heifers 9.00 to 10.50. cows 6.50 to 8.50. stockers 7.50 to 9.00. Sheep in short supply with lambs 15.25 to 15.50. Closing fat lambs 15.25 to 15.50, yearlings 12.20 to 12.60.
Cattle numbers 750 plus calves 50 with good to heavy steers up 15 to 25 cents and other fed stock 25 to 50 cents lower. Hogs rise to a top of 9.00 with 160 pound averages near 8.90 to 9.00. Sheep and lambs show a softer trend with lambs and yearlings 20 to 30 cents lower. Top weekly figures include heavy steers 13.35 and fed steers 12.00 to 12.50 per hundredweight.
Cattle trading steady to 10 cents higher with top at 9.00 and bulk 8.70 to 8.90. Cattle totals around 1000 with steers for the week between 9.75 and 12.00, high at 13.25. Stockers 7.00 to 49.00, cows and heifers 4.00 to 35.00, calves 6.00 to 11.50. Sheep 1000 head steady. spring lambs 14.00 to 15.50, clipped ewes 5.00 to 6.50.
South San Francisco June 18 weekly receipts total 3 210 direct 1 500 for hogs with top 10 70. Sheep receipts 2 100 direct 550 and cattle mixed with steers and heifers listed. Declines noted in some classes but overall market described as steady with various carcass weights and prices quoted.
Ogden report lists hogs 425 total with 73 market and 352 Oakland Packers sold late Friday. drive in prices 9.10 to 9.20, early trading around 9.00 to 9.15. Cattle weekly receipts 1,010 with market figures: beef steers stronger, other classes steady. Utah steers 9.25 off cars, good heifers 7.40 to 8.00, medium to good cows 7.00, cutters and common cows 3.00 to 5.25, bulls 5.00 to 6.00, veal calves 9.00 to 10.50. Sheep 2,690 with 10 market and 271 Omaha plus 2,409 to Chicago, no early sales.
Los Angeles notes week totals for hogs 5 200 head with close 25 to 35 cents higher. cattle 4 300 with goods steady to higher, vealers 10.50 12.00 top 13.00. calves late week 7.00 8.50. Sheep steady with deck prices around 70 to 1350 for young lambs and ewes 3.50 to 6.50.
New York June 18 AP reports curb quotations show Continental Oil at 18, Electric Bond and Share 74 percent, ditto preferred 107 percent, Electric Investors 37 percent, Hecla Mining 14 percent, National Power and Light preferred 10514, New Bradford 5, Prairie Pipe Line 1824, Standard Oil of Indiana 67 percent.
Chicago report notes no sales on corn and mixed No 2 at 1.00 percent, No 2 yellow at 1.01 percent 102. Oats No 2 white 51 14 52, No 3 white 48 49 percent. Rye not quoted. Barley 80 95. Timothy seed 4.75 5.00. Clover seed 20.00 35.00. Lard 12.65. Ribs 12.12. Bellies 14.00.
New York Liberty bonds closed with varied results as of June 18 AP. The 3rd 4448 100.28 and 4th 4445 103.23 led gains while U.S. treasury 4s traded at 108 and other series posted mixed prices.
In New York on June 18 AP reports general price changes were limited after last Tuesday's sharp stock reaction from a big rise in brokers loans. Rail and industrial averages cooled with little net weekly change, bonds eased. funds shift due to tax payments and government financing. Call money fell to 4 percent, outside market as low as 3 percent. Commodities mixed with wheat cotton down, coffee and sugar up. Japanese yen steadies as Osaka loan floated.
New York markets show stocks in demand with a $60 million Columbian loan anticipated. Bonds steady, foreign exchange mixed. yen up 10 points. In Chicago, wheat firm on rains in Kansas, corn up on lower acreage, cattle irregular, hogs steady. Idaho notices list numerous deeds filed June 18 1927 and civil actions in district court.
Walter Pursey of Seattle captured the Pacific Northwest open golf championship with a final round 70. He finished on 297 for 72 holes, four strokes ahead of Mortie Dutra of Tacoma.
Camp Tenday opens Monday at 2 pm for six weeks of camping. Registration suggests it’ll be the council’s largest summer camp. Pocatello scouts and groups from Grace Malad Niter Ward and other towns register for period one. weekly attendance forecast around 50 scouts. Cost is six dollars per period with meals and activities run by Camp Tenday staff.
Soda Springs Idaho announces a 24 hour Independence Day celebration starting 12:01 a m Sunday sponsored by the American Legion. Events include children's games three open air dances two baseball games Grace versus Downey free concert by a 25 piece band a patriotic program at the IGan Ha theater fireworks a parade and boxing main event Battling Lemoreaux of Preston versus Roy McCarthy of Salt Lake City with a strong prelim card.
Dolly Burbridge files for divorce from Paul Burbridge alleging extreme cruelty. She accuses him of snatching her engagement and wedding rings in public and creating a humiliating scene, plus months of false and slanderous statements in Pocatello. She seeks restoration of her maiden name Dolly Hansen.
Wool car loaded by Filbrick of American Falls Sheep Co. at Inkom. Residents and visitors frequent Pocatello for business, shopping, and recreation, including Miss Martha Scadden, Mr. and Mrs. W M Hansen, Mrs. J Pratt, Mrs. J Wanamaker, Mrs. C W Gardner, and Mrs. H C Kerback. Trips to Lava Hot Springs and Norton reunion at Lay Hot Springs are noted.
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