Market Rally After Bear Pressure on Oil Gluts
Stocks moved higher in a mid June session as Bears targeted weak spots citing oil overproduction. Highs were posted in Eastman Kodak Adams Express and American Railway Express while Studebaker Mack Trucks and General Motors lagged. Volume neared two million shares with a mixed close across many leaders.
MENTIONED IN THIS ARTICLE
New York
Baldwin
General Railway Signal
Adams Express
American Railway Express
Eastman Kodak
Chicago Pneumatic Tool
Studebaker, Moon and
White Motors
Bears
St. Paul
New Haven
Southern Pacific
Ontario and Western
Chicago Great Western
Philip Jones
American Agricultural Chemical
General Motors
Houston Oil
National Distiller Products
Union Bag and Paper
Coca Cola
Raw sugar market firmer with Cuba and Porto Rican purchases
The Raw Sugar market in New York showed firmer early trading as Cuban refiners bought about 120 000 bags for early July and Porto Rican imports rose by 26 000 and 10 000 bags in nearby positions. Prices moved up 1 to 5 points before midday. refined sugar held steady with 6.10 to 6.20. Futures closed firm with July at 2.77 and December at 2.95.
MENTIONED IN THIS ARTICLE
New York
Potatoes Market Report From Chicago Trade Hold
Potatoes receipts 864 cars on track 214 new and 12 old total U S shipments 1083 Canada 3. Demand and trading slow and market weak. North Carolina barrel Irish Cobblers at 5.00 to 5.25 dollars, few fancy at 5.50 dollars. Virginia barrel Irish Cobblers sparse sales at 5.75 dollars. Oklahoma and Arkansas sacked Bliss Triumphs priced 3.50 to 3.75 dollars.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Canada
North Carolina
Virginia
Oklahoma
Arkansas
Bliss Triumphs
Bar silver prices slip on London market
Bar silver quotes fell in London trading as of June 23 with prices listed at 25 15-16d per ounce and noting activity in New York.
MENTIONED IN THIS ARTICLE
Silver
New York
Silver My
London
Liberty bonds prices in New York market report
Liberty bonds close values listed for various series as of June 23 in New York. Quotations include 2nd 4s at 100.60 and 1st 4s at 102.31, with other series and treasury issues shown in close totals.
MENTIONED IN THIS ARTICLE
Liberty Bonds
New York
U.S. Treasury
Wool Situation Signals Tight Supplies and Rising Prices
A Westland Warehouse report from Los Angeles notes wool is in a strong position with raw wools moving north for free buying. Prices hold up versus February, and a 17 percent rise in first four months of 1927 consumption is driven by buyers, not speculation. Domestic and foreign stocks show tightness, with few new wools arriving and storage rising as manufacturers hedge for higher levels. Montana Wyoming clip prices reach 33 to 35 cents as mills buy freely while other wools attract high abroad prices.
MENTIONED IN THIS ARTICLE
Westland Warehouse
Los Angeles
California
Texas
Amestic
Boston
Bond
Montana
Wyoming
America
Livestock prices across Chicago San Francisco and Los Angeles
Hogs receipts 40 000 Chicago slow with lower prices, cattle and sheep also weak. South Frisco hogs 500 steady to higher, cattle slow with thin demand. Los Angeles hogs 300 steady with top 12 35, cattle light slaughter and stockers down week’s trend, calves and sheep mixed across markets.
Omaha Grain and Livestock Prices Report Under Market Pressure
Omaha market notes cattle and hog receipts with mixed pricing. Hogs top at 8.75 per cwt with 160 to 200 pound pigs around 6.65 to 8.75, cattle receipts 4500 show lower slaughter steers and beef cows. veals and yearlings down while bulls hold. Sheep and lambs show steady to lower trends with fat lambs up to 14.50 and yearlings around 11.50 for 81 pounds.
MENTIONED IN THIS ARTICLE
Chicago
Idaho
Omaha
Moving New Wheat to Chicago Trade Depresses Prices
Chicago reports June 23 that selling tied to envisaged movement of new wheat from the southwest weighed on prices. Arrival of 20 cars at Kansas City signals progress in Kansas harvests while west and northwest crop comments remain favorable yet export demand is slow. Prices for wheat finish heavy and corn and oats decline amid hedging and lack of broad buying. In Nebraska and Iowa reports, high corn prices are deemed unjustified and earliest planted corn in Iowa is knee high.
MENTIONED IN THIS ARTICLE
Chicago
Southwest
Kansas City
Kansas
Iowa
Call Money Steady In New York Market
Call money and time loans hold steady in New York with all loans at 4 percent. Short term 60 to 90 days at 4 percent and 4 to 6 months at 4.44 percent with mixed collateral. Prime mercantile paper also at 4 to 4.44 percent.
MENTIONED IN THIS ARTICLE
Call Money
New York
Prime Mercantile
Bannocks Assured Berth for Remainder of Season
City league meeting confirms split season with July 12 start and a second half winner facing the first half champion for the title. Acting President Jack Halliwell presided as directors from Idaho Falls Logan Ogden Salt Lake City Twin Falls Pocatello attended. Financial reports show improved receipts across cities with Twin Falls praising local Chamber effort to keep Bruins afloat. Kellogg plans resume work on Silver Lode mine and Dickens mine projected as lead zinc producer in Kellogg.
MENTIONED IN THIS ARTICLE
Jack Halliwell
Pocatello
Thomas Leslie
Ogden
George Sandholtz
Twin Falls
C. P. Cardoen
Sandholtz
Bruins
Idaho Falls
Logan
Salt Lake
Market Report Hog Cattle and Sheep Prices Decline Steadier
Hogs steady lower with 7000 head selling at 8.80 top and bulk at 8.75. Cattle steady to weak with steers 9.60 to 11.65, top 12.00. cows and heifers 4.00 to 10.00. calves 6.00 to 11.00. stockers and feeders 7.00 to 7.00. Sheep steady at 13.25 to 14.65 for spring lambs and 5.00 to 6.00 for clipped ewes.
MENTIONED IN THIS ARTICLE
St. Joseph
Market Receipts Report for Hogs Cattle and Sheep
Ogden notes hog receipts 623 head bulk 170 to 180 weights 9.00 and 9.06 for 240 pound hogs. Cattle receipts 52 head with 25 loads of California grass fat steers late. Holdover cows with calves sold at 5.75 with freight to nearby shipping point. Feeder heifers 650 per load and killers calves 7.25 for medium to good. cows 3.50 to 6.50. vealers 8.00 to 8.50. bulls 6.00 to 6.25. Sheep receipts 5158 with no early sales.
MENTIONED IN THIS ARTICLE
San Francisco
Ogden
California
Foreign exchange quotes across major currencies
New York rates list firm quotations in cents for Great Britain France Italy Belgium Germany and other nations. Cables and 60 day bills are shown with buy and sell figures across a wide range of currencies including Argentina Brazil Japan and Canada.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Commodity Prices Report From Chicago Market Se挺
Wheat No 2 hard 1.4814 No 3 hard 1.4514 Corn No 2 mixed 9942 No 2 yellow 1.01 Oats No 2 white 51 524 No 3 white 484 Rye No 4 1.07 Barley 60 92 Timothy seed 4.75 5.00 Clover seed 32.00 35.00 Lard 12.47 Ribs 11.81 Bel lies 13.50.
MENTIONED IN THIS ARTICLE
Nicago
Curb Stocks Close Quotation Report
New York June 23 curb quotations show Continental Oil at 1734 Electric Bond and Share at 7244 Electric Bond and Share preferred at 107 Electric Investors at 361 Hecla Mining 14 New Bradford 5 Prairie Pipeline 179 Salt Creek Co as 6 Standard Oil of Indiana 67.
MENTIONED IN THIS ARTICLE
New York
Continental Oil
Electric Investors
Hecla Mining
New Bradford
Prairie Pipe Line
Salt Creek
Standard Oil of
Indiana
Utah Heat Records Told As Temperatures Rise
Ogden reports 93 degrees at 1 pm the warmest day of the year with a high near 90 in the city. Idaho Falls and Logan also record high May be the warmest day of the year with heat aided by southwest winds. Salt Lake City hits 92 as Great Salt Lake winds push readings higher downtown.
MENTIONED IN THIS ARTICLE
Ogden
Weather Bureau
Logan
Utah
Salt Lake City
Great Salt Lake Desert
First Aerial Bomb Incident Reported on Seattle Boise Route
A Boeing air transport plane refueled at Boise as part of a Seattle to Salt Lake City flight. The forward mail compartment contained a bomb carried by a young man, about 20, who refused to reveal his age despite questioning.
MENTIONED IN THIS ARTICLE
Boise
Boeing Air Transport
Seattle
Salt Lake City
Boeing Field
Raccoon Rebecca Flees White House Heights
Rebecca the president's pet raccoon escaped the summer White House in Rapid City South Dakota. She climbed a tall pine and refuses to come down despite pleas. From her perch she overlooks Custer Park natural zoo housing elk and mountain goats.
MENTIONED IN THIS ARTICLE
S. D
Rebecca
Coolidge
White House
Custer Park Natural Zoo
WEEDS. CUT THEM! Keep premises clear of grass weeds and dead trees
City ordinance requires owners agents or tenants to remove noxious grass weeds and dead trees from premises vacant lots parking and alleys by July 1. If not complied with the city will remove them at owner expense with charges collected as taxes and a minimum fee of one dollar. Sanitary Inspector W L Raymond.
MENTIONED IN THIS ARTICLE
Pocatello
Hotel Climber Babe White Scales Bannock Building
Babe White, known as the human fly, thrilled a crowd by scaling the Bannock hotel at 3:00 PM and announcing a repeat performance at 7:30 PM. He emphasized confidence through practice and claimed to be in his best form after years of climbs including the Woolworth Building in New York City.
MENTIONED IN THIS ARTICLE
Babe” White
Bannock Hotel
Babe
White
Woolworth
New York City
Ep iscopal Convocation and Auxiliary Meet in Idaho
The nineteenth annual convocation of the Episcopal church in Idaho will be held at St. Luke's in Coeur d'Alene on Sunday June 26 with a State Women's auxiliary meeting in the afternoon. Business sessions follow Monday at the McDonald's Point summer camp site in Coeur d'Alene. Ole Hansen and Mrs Hansen appeared before Justice of the Peace O J Bell and pleaded not guilty to selling intoxicating liquor. They posted $750 bonds each, furnished surety, and were released until the hearing, date not set.
MENTIONED IN THIS ARTICLE
Episcopal Church In
Idaho
St. Luke's Church
Coeur d'Alene
McDonald's Point
Coeur A d'Alene
Ole Hansen
Don Howard Remembered as Salt Lake Telegram Copy Reader
Don Howard, longtime copy reader for the Salt Lake Telegram and former member of the paper’s copy desk, is recalled for his precise editorial eye and faithful service to the newsroom.
MENTIONED IN THIS ARTICLE
Don Howard
The
Salt Take Telegram
Market Report Portlands Livestock Prices June
Portland reports indicate cattle steady with thin stock easing 19 to 25 cents weekly, Idaho range cattle at 9.15, butchers down 7.00, cows 7.00 and under, bulls 6.75. Hogs steady with early trade. 120 to 180 pound averages 10.15, packing sows 6.50 to 7.50. Sheep 410 head, lambs 62 to 78 pounds at 12.00, clipped ewes 4.00.
MENTIONED IN THIS ARTICLE
Portland
Idahos
Metals Market Roundup Steady Copper and Tin Prices
New York copper prices hold steady with spot and futures at 12.50. Tin remains firm at 67.75 for spot and near term, 64.75 for August. Iron, lead, zinc, and antimony also steady with listed spot prices and futures indicated.
MENTIONED IN THIS ARTICLE
Metals
New York
East St. Louis
Mrs Howard and Mother Visit from Salt Lake City
Susie Armstrong arrived from Salt Lake City as Mrs. Howard and her mother prepare to stay several weeks. Mr Howard will visit during his recovery from a serious illness at the local area.
MENTIONED IN THIS ARTICLE
The
Pocatello Tribune
Also Mentioned on This Page
Today’s Markets and Financial News
Arl Chem & Dye
Kennecott
Lehigh Valley
American
Louisville & Nash
Am Car & Fdy
Sm & Ref
Am Sugar
Maran & Tex
Tel & Tel Ee
Missouri Pac
Cerro de Pasco Steweene Ae Etebee
Radio Corp
Teeltal
Chesapeake & Ohio
Wwe
Ir & Steel Ae Osteee
Chic
É& N Western
Reynolds
RI & Pac
L & San
Ths
Teiceebraun
Southern Pacific Free
Consolidated Gas
Southern Ry
Standard Oil
Studebaker
Texas Co
Erie Railroad
CCC Hee
Tex Gulf
Buipitar
Freeport-Texas
Texas & Pacific
Elec
General Asphalt
Union Pacific
General Motors Ower
United Dry
Hudson Motors Ee
Illinois Central
Univ Pipe & Rad
Int
Harvester Ee Eerees W
Maryland
Westinghouse
Nickel
Willys- Overland
Inter
Tel
Woolworth Sol
Kan City
Frisco
Omatla
Bannocks
Kellogg
Slate Creek
Kellogg— Dickens
Cash Mart
W. L. Raymond
Episcopal Convention
Howards
H. G. Berryman
M. & A. Root
Center
Garfield Streets
J. J. Scott Nerve Specialist
Martin
Martin Spring Works
N. Harrison
Rye
Seeewsie
North Arthur
J.E. Edgerton Co
Shankel Coal Yard
Aberdeen
Shankel
Coal & Ice CO
Lynn’s Service Station
Main
Gould
Yellowstone
Yellowstone Cleaners
Hong Huy Bow
North Fourth
Pocatello, Idaho
St. Anthony and
Garrett Transfer & Storage Co., Inc
Sculptor
Peterson Planing
Jewett Brougham
Ford
GEM State Auto CO
Bannock
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!