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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jun 21, 1925
Page
8
New York stock market activity was quiet with mixed moves. Rail shares led gains on favorable May reports from Kansas City Southern while General Motors advanced, and several oil and chemical issues softened after early strength. The dollar and foreign currencies showed modest shifts as the week ended.
Chicago notes potato receipts new 13 old 17 cars total 0 8. Ship ments new 667 old 114. Market firmer on sacks and steady on barrels. Oklahoma Arkansas North Carolina Virginia prices steady or higher for cobblers and fat stock. Wisconsin Michigan round whites and bulk varieties show mixed gains.
New York stocks firm while rails and public utilities advance. Bonds steady and treasuries hit record highs. Foreign exchanges irregular with drought in the Southwest affecting markets. Cotton higher. sugar and coffee holiday. Chicago wheat easy with predictions of larger receipts. corn lower. Cattle steady and hogs slightly higher.
Boston reports a strong wool market with 65 percent greased basis realized for Ohio delaines. Fine staple edges higher for graded stock locally and goods market shows improving tone in woolen lines despite questions about London openings and colonial market prospects.
Chicago grain market prices list wheat No 1 hard 1.68 No 2 hard 1.65 corn No 3 mixed 1.10 No 2 yellow 1.11 rye No 1 1.09 barley 0.92 timothy seed 6.85 8.25 clover seed 21.25 jard 17.27 ribs 18.55 bellies 21.76
New York June 20 Liberty bonds closed with various issues mixed while curb oil also finished trading. Notable figures include 3S at 101.5 and 4s ranges around 102.24 to 107.18 with other issues listed. curb oil names Continental 26 Prairie Pipe Line 125 and Standard of Indiana 67 among others.
SILVRE New York reports bar silver at 65 percent and Mexican dollars at 43. London quotes bar silver at 31 1 16d per ounce.
Idaho Hide & Fur Co of Pocatello publishes daily prices for hides and wool. Hides salted green or dry offered in multiple weights. horse hides $2.00, colt and pony half price. sheep pelts dry long wool 22¢, short wool half price. wool values quoted as fine and course grades.
Wheat prices closed heavy with declines of about 1 2 cents as late selling intensified amid expectations of new crop arrivals in Kansas and reports of black rust and heat threatening spring wheat. Corn and oats followed wheat lower while provisions moved higher. Central notes show Kansas Hutchinson estimating 100 cars of new crop arrivals Monday.
Hog receipts about 6 000 in Chicago with active butchers and prices around 12.80 to 13.30 for standard weights and tops near 13.00. Cattle receipts 500 with fed steers and yearlings showing gains up to 50 cents. veal and stockers steady to firm. Sheep receipts 5,000 with fat lambs largely higher and demand strong. top Idaho lambs at 16.25 and native tops near 16.00. In Omaha hogs 11,600 with 12.25 to 12.90 typical, tops to 13.00. cattle 50 head with steady to higher price ranges. sheep market similar gains across fat lambs and yearlings.
June 20 cattle receipts 1000 calves 20 compared with week ago grain fed steers yearlings up 25 60 cents best grades forward southwest steers strong to 26 cents higher top heavy steers 10.50 1102 pound prime long yearlings 11.75 124 pound average 11.50 short load light mixed yearlings 11.75 stockers and feeders steady bulk prices grain steers yearlings 8.75 10.60 cake feds 7.00 8.36 straight grassers 6.50 6.75 grass fat cows 4.00 5.76 grass calves 6.00 6.76 rain feds see line of prices calves stockers hogs receipts 3000 fairly active ready to be higher top 13.06 bulk 12.86 13.05 desirable 180 200 pound avg 12.45 13.05 packing sows 12.25 lambs fully 100 higher top native lambs 15.40 bulk 14.00 15.25 sheep higher California two year olds 2.50 aged Texas and Louisiana prices noted.
Hog receipts none noted. Cattle receipts 279 with 162 for market and 177 to local packers. Idaho veal calves around 180 pounds at 0.50. Cows 4.06 to 5.25. few good cows to 6.00. Sheep 2238 for market. ewes 6.16, lambs 13.00, ewes 9.00. Portland markets: beef steers 7.50 8.50. cows 5.00 6.60. calves 8.25 9.00. hogs 13.50 14.00. valley lambs 11.00 11.25. mounts Adams lambs 12.00. yearlings 7.25 down.
San Francisco reports weekly cattle receipts about 2,800 with weak to lower undertone on 1,150 to 1,250 pound steers and scarce steers, California and Nevada loads moving. sheep receipts near 8,000 with choice 67 to 72 pound lambs firm to higher and yearlings up slightly. Los Angeles notes moderate cattle receipts with steers 26c higher and top steers at 8.35. Keigs reports higher closes, California packers seeing varied offerings. general bidding mixed across regions.
The New York exchange market on June 20 held steady with quotes in cents for major currencies and banks. Cables and demand figures covered Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Yugoslavia Austria Romania Argentina Brazil Tokyo Shanghai Montreal.
This week the stock market centered on specialty movements as many stocks drifted with modest gains and losses. Money rates remained easy, trade and earnings reports pleased some, but pools failed to attract broad public support and questions lingered over the Nickle Plate merger and northwest freight-rate proposals.
Readable fragments show firms like International Combustion New York Canners Reg ineering and Union Tank Car among peak price references. Other names include Goodyear Ajax Rubber and Famous Players, indicating a broad list of contributing companies across manufacturing and services.
Chicago poultry prices show demand as fowls at 14 to 3 percent, broilers 26 to 35, roosters 13, turkeys 20, ducks 18 to 1, geese 13 to 22. New York butter firm with 6,276 receipts and 15,687 receipts total. fresh gathered extra firsts 36 to 38, Pacific coast whites 43 to 48. Omaha wheat prices feature No 1 hard 62, No 1 sample hard 1.48, corn No 2 white 1.01, No 2 yellow 1.03, No 3 mixed 1.01, oats No 2 sample white 48.
Starting Monday June 92 Royal Coach No. 3 will depart Pocatello at 8 a.m. instead of 9 a.m. The update affects the morning timetable for the coach service running through the region.
Chicago on June 20 reports butter receipts 19,392 tubs with creamery extras and standards around 42 percent and firsts near 38 to 41 percent. Eyes higher as storage packs show 31 percent. Poultry alive and dressed steady in New York trade.
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