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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jun 23, 1936
Page
7
Port Wall Lodge No 46 Knights of Pythias meets first third and fourth Tuesdays at 8 pm at Eagles Hall. Al Knghten are invited to attend. Read C C and Abram Forster K of R and Pythian Sisters meet on the second Tuesday at 8 pm.
Union Pacific Vice President Haugh outlines railroading prospects at the fourteenth annual board meeting. He highlights freight growth, streamlined passenger trains, and cost declines, noting air conditioning boosts trade and passenger rates fall from 3.28 to 1.70 cents per mile over 15 years. The gathering, led by Mayor Terrell, aims to align shippers, receivers, and railways for improved transportation in the region.
New York shows gains for many issues as late buying supports a broad range of industrials and utilities led by Air Reduction Electric Power Light and General Motors. The day closes irregular with around 1,000,000 shares traded amid clues tied to tax and policy developments.
Cheyenne councilor Ton of Cheyenne and M Reese Hatta Baugh chairman of the Idaho Public Utilities Commission are cited as key figures in a regional utilities discussion. The report notes their roles and the coordination between Wyoming and Idaho agencies.
Markets list Armour Creamery Butter 92 score in San Francisco and Los Angeles with price 324¢ per pound. Egg pullets standards noted. Wheat and mill prices from Pocatello Mill and Elevator Co include Bran and Stock Food quotes per cwt and per 500 lb lots. Multiple brands such as Red Dog and Turkey Red appear with assorted cwt quotations.
Wheat reversed most gains from the previous session as profit taking trimmed advances. Drought prospects and heat in the northwest fueled the market with Minneapolis showing the largest bulge while July and September futures wavered. Corn and oats stayed largely steady with minor moves as provisions held firm.
The Chicago cash grain page lists No 1 red wheat at 81.04, No 2 red at 1.02 percent, corn No 2 mixed 68 cents, No 4 mixed 65 4 cents, and various grades for No 5 mixed, yellow, and white wheats. Soybeans No 2 yellow 94 cents, No 3 yellow 91 cents, oats across several grades, rye, barley seed prices, and forage seeds Timothy 3.75 per cwt and clover seed 19 per cwt.
Potatoes on track for steady U S shipments with Bliss Triumphs in Arkansas and Oklahoma priced around 3.60 to 3.90 per cwt for U S No 1. California White Rose at 3.75 to 3.90. Old stock Idaho Russel Burbanka at 3.25. Copper quiet at 9.50 spot and 9 17 14 futures. Tin firmer at 42.60 spot, 41.85 futures. Lead and zinc steady with East St. Louis bids. aluminum quoted at 19 22. Antimony at 13 spot.
Chicago market prices report tierces at 10.65 dollars per hundredweight and loose lard at 10.10 dollars, with bellies selling at 13.55 dollars.
Bar silver remained steady in New York at 44 4 cents and in London at 10 1/2 pence per ounce. The Sterling price equates to 44.29 cents, reflecting a stable market for the metal.
USDA reported cattle hog and sheep trading in Ogden Portland Omaha and South San Francisco with varied demand. Hogs mostly steady to 25 cents lower in Ogden and Omaha with top prices near 10.10. cattle mixed with steers and yearlings steady to firm. sheep lightly traded with spring lambs around 8 to 11 dollars and ewes lower.
A last minute move adds a constitutional crop insurance plank to Wallace’s platform but leaders discount it. Senator Glass doubts reinstatement while expecting a silver emphasis in the 1936 platform. The platform committee includes New Deal supporters like Bryans Wheeler Thomas Murphy and Wagner with George Bailey among others. The Utah delegation caucuses on a silver plank.
A board report shows gains in multiple commodity groups with figures for two periods. Listed categories include poultry and dairy, coal and coke, ore and concentrates, gravel and sand, salt, lumber, petroleum, sugar, iron and steel, machinery, cement, brick, lime, agricultural implements, autos and parts, fertilizers, explosives, canned goods, and merchandise, with totals around 66 to 68 thousand in one column and lower figures in another.
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