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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Jun 24, 1936
Page
9
Bar silver held at 44 1 4 cents in New York while London bid up 3 16 to 19 18 16d per ounce. The price equivalence remained around 44.78 cents.
In public hearings before the resolutions committee Rep C Jasper Bell urged a pension study plank. Fletcher W Greer backed a McGroarty bill plank. California urged Townsend plan inclusion as expediency. Roosevelt allies likely avoid constitutional amendment while labor seeks right to organize, higher wages, social security, and stricter immigration policy.
New York stocks firm with a broad rally as Chrysler surge to a six year high lifts buying across the list. Transfers run about 1.1 million shares while news remains light and tax expectations push surpluses to shareholders.
Chicago market bulletin notes 109 potatoes on track 244 total shipments 541. Demand fair at lower prices with weaker supplies. Oklahoma Bliss Triumphs U S No 1 at 8.35 per cwt. fair quality 3.10. No 2 2.20. Texas U S No 1 3.28. No 2 2. California White Rose U S No 1 63.35 3.60. partly graded 343.15.
In Chicago on June 24 prices for lard were quoted at 10.60 for loose and 10.10 for bellies with 18.58 noted for another category. The report lists market quotes without context on buyers or sellers.
Armour Creamers Butter 3.94. Butterfat 29 cents. San Francisco butter 42 cents a dozen. Los Angeles butter 32 cents. Eggs Pulleta standards. Pocatello Milling Bran prices per cwt and 500 lb lots. Stock Food priced per cwt and per 100 lb lots. Red Dog prices per cwt and per 500 lb lots. Wheat buying price for bulk. Turkey Red Marquis precation per cwt. Barley price per cwt.
Traders noted hesitation among buyers late in the day with wheat prices drifting near yesterday's close while Canadian purchases were seen as bearish for domestic values. July wheat around 95 and September near 96 cents. corn up about a quarter to a half cent with September at 65 to 66 cents. oats marginally higher and provisions steady. Cash grain showed no sales in wheat with various No. 2 to No. 5 yellow and white corn pricing across the range. oats prices also listed along with seed and timothy and clover seed values.
The Bourbon party moved toward a Townsend plan endorsement but faced opposition from Roosevelt leaders who resisted both it and old age pension ideas. The convention elected a full slate of women alternates to the platform committee and heard early hearings led by Senator Wagner as Senator Robinson prepared to chair. Farm leaders and AFL figures attended as the gathering continued with speeches and committee work.
Livestock prices at Omaha show 5 500 hogs and 6 500 cattle with gains on lighter weights and light demand from Packers. Idaho lambs steady to higher, California and native stock mixed. South San Francisco hogs and cattle steady with modest gains on some classes. Separate political coverage notes Roosevelt campaign events and Barkley keynote remarks with focus on constitutional interpretation and party unity.
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