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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jun 22, 1925
Page
3
Chicago wheat prices fell amid weak speculative demand and rust concerns across Aberdeen and Hevron regions, with July and September futures lower. Corn dipped on warm moist weather, oats followed suit, while exports data showed mixed weekly grain shipments and U.S. visible supply shifts.
New York shows daily grain supply changes with wheat down 1 787 000 bushels, corn off 700 000, oats up 666 000, rye down 440 000, barley down 60 000 as of June 22. The report details how these adjustments affect storage and market expectations.
Chicago and Omaha report hog receipts around 49 000 and 146 000 respectively. Prices rise with desirable weights and grades showing gains from 10 to 14 cents, with bulk hogs mostly 12.00 to 12.40 and sows 12.00 to 12.35. butchers 12.75 to 15.05 in Omaha. Beef steers and yearlings also noted with varied demand and strength in several classes.
Chicago reported mixed market data with new and old car shipments totaling 86 and 13 respectively, stock trading fair, and market slightly stronger. Regional prices included Oklahoma Arkansas exports at 2.00 to 2.50 and Virginia barrel cobblers at 5.00, with slow old stock and steady tone in others.
Chicago market notes unsettled poultry prices with fowls sold 22 to 36, broilers at 25 cents per pound to 6 dollars, roosters 13 percent, turkeys 20, ducks 18 to 28, geese 13 to 22 per pound.
Call money firmer with highs to 4 percent and lows near 3 percent. Ruling rate at 8 percent, closing bid 4 percent and offered at 4 percent. Last loans 4.14, call loans against acceptances 24 percent. Time loans steady with mixed collateral 60 to 90 days at 83 percent and four months at 3 percent. Prime commercial paper at 34 percent.
Foreign exchange quotes posted in New York show irregular activity with British pounds at 4.85 percent demand and 4.86 on cables, and several currencies including France 4.66 percent, Italy 3.75 percent, Belgium 0.81, and Shanghai 77 percent, among others.
Liberty bonds closed with mixed results on June 22. Notable quotes include 1st 44m at 102.28, 44m at 101.18, 44s at 107.17, and 8a 101.8 amid varied government issues.
Foreign exchanges dropped as French francs fell to 4.63 cents, Italian lire slipped 12 points to 3.71, and Belgian francs eased to 28.45. Analysts linked weakness to doubts about the Danes plan and European nations’ ability to fund war debts discussed at the International Chamber of Commerce meeting in Brussels.
New York June 22 Raw sugar values remained unchanged at 440 for Cuban duty paid as trade and Cuban accounts carried steady futures. Midday quotes showed July up 1 point and later deliveries 1 to 2 points higher. Refined sugar held at 5.55 to 5.70. New business moderate, withdrawals active. Futures closed irregular with approx 84,000 tons sold. July 2.65, Sept 2.80, Dec 2.91, Jan 2.91.
New York trading data shows curb close at 2:15 p.m. with Continental at 26 percent, Prairie Pine Line 126 at 67, Standard of Indiana 46, Standard of New York 46, New Bradford 6, Salt Creek Consolidated 8 percent.
Furnished daily by the Idaho Hide and Fur Co. listing prices for hides of various kinds. Green hides 7c, green kips 102, green calves 50, dry hides 1.344e, horse hides 2.00 to 3.00 by size. Sheep pelts dry long wool 22c, short wool and pieces half price. Wool 30 35c fine, 69c to 20c coarse.
Commissioner David Burrell invites over 200 guests to the formal opening of Idaho’s lava hot springs sanitarium and pool at Lava Hot Springs on June 27 and 28. The project, funded by a $35,000 bond approved by the legislature, aims to boost facilities and grounds amid strong Portneuf River fishing and camping nearby.
Copper eases to 13 and 13 percent for spot and futures while tin remains at 66.12 spot and 65.75 futures. Iron holds at 20.00 to 20.50 for No 1 north, 19.50 to 20.00 for No 2 north, and 19.50 to 20.50 for No 2 south. Lead steadies at 8.20 to 8.30, zinc at 6.95 to 7.00 East St Louis, antimony at 16.60. Tribune Want ads for results.
A National Geographic bulletin from Washington reports the discovery of the Jubaland drinking stick in the Jubaland desert of northeastern Great Britain’s Kenya Colony on Africa’s east coast. The two foot long hollow stick, used to suck water from tree cavities, is carried by travelers and explorers alike.
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