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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
Mar 20, 1925
Page
14
Chicago and Winnipeg report a sharp morning drop in grain values with wheat down up to five cents a bushel and rye about seven. A selling stampede followed but buying returned and prices steadied. May wheat opened around 1.58 to 1.60 in Chicago and later rose to about 1.614.
Chicago reports a sharp turn in wheat trading as prices rise after a weak start. Factors include poor southwest crop prospects and a surprise announcement of small export supplies from Canada. Finals show gains of about 4% or more with July futures around 1.45.
New California spuds arrived in New York on March 20 as crown jewel potatoes in 28 pound lugs. Demand was limited with No 1 priced at 2.00 to 2.25 per lug and No 2 at 1.75 per lug.
Hog receipts 33 000 slow to steady lower than Thursday's low point with top at 14.25 and various weight classes quoted. cattle receipts 3 000 with strong to higher expected values and mixed feeder and cow prices. sheep receipts 8 000 active and mostly steady to up 25 cents with ranges for light and weighty sheep and lambs.
Hog receipts 9 500 with 10 16 cents lower than Thursday. top 13.65, 150 to 200 pound hogs 13.25 13.50, sows 12.75 13.00, bulk 13.36 13.65. Cattle receipts 700. fed steers 9.25 10.25, yearlings 10.40, butcher cows 6.00 7.00, small lot cows to 8.25, heifers 7.00 8.50, bulls 4.25 8.25. Sheep 3,000. lambs 25 50 cents higher, bulk 15.25 16.50, ewes to 9.50, feeders steady.
Kansas market notes show cattle receipts around 800 with calves 100. bulk fed steers and yearlings around 504 10.00. top yearlings and heavies around 10.25. butcher cows 4.75 to 6.00. veal and stocker grades mix, prices 10.25 to 13.80 on high ends. Sheep receipts 1,500 with lambs 25 cents higher. best at 15.59. clippers 12.75. ewes 7.50. wethers 8.50. general steady to higher on light sheep.
Hog receipts reach about 4 000 with prices 25 cents lower, tops at 13.75 and bulk 13.35 to 13.70. Cattle receipts about 600 with steers 9.00 to 10.25, cows and helpers 6.90 to 10.00, calves 4.00 to 9.50, stockers 6.60 to 8.25. Sheep numbers around 1 000 with lambs 14.40 to 17.75 and ewes 9.00 to 10.00.
Portland Mar 20 report shows cattle market fully steady with beef steers at 7.75, cows and heifers 6.00 to 7.00, common and cutters 2.00 to 5.00. Hogs and sheep cited as nominally steady with little trading activity.
New York reports a steady raw sugar market with spot Cuban at 4.74 and shipment sugar at 4.78 open. A sale of 17 500 bags of Philippines May shipment to an Outport refiner at 4.87 accompanied little change in raw futures around midday. Trade interest favored sellers while shorts and commissions drove demand. refined sugar demand remained light and list prices stayed 6.00 to 6.20 for fine granulated. refined futures were nominal.
Early morning potato trading in Chicago shows a steady market with slow activity. Receipts reach 76 cars, shipments 927, with Wisconsin sacked round whites priced around 1.00 to 1.15 per unit and few sales at the higher end.
Chicago reports wheat No 4 hard 1.62 corn No 8 mixed 1.09 No yellow 1.13 sample grade 99 oats No 2 white 47% No 3 white 45 46% tim 1 seed 6.25 6.50 clover seed 21.59 me jard 16.27 ribs 18.95 bellies.
The New York market shows steady foreign exchange quotations with central rates for Great Britain 4.77 percent and 4.78 on cables, France 6.18, Italy 4.06 and 4.08 on cables, Belgium 5.06, Germany 3.80, Holland 29.87, Norway 18.47, Sweden 4, Denmark 18.09, Switzerland 14.24, Spain 14.24, Greece 1.56, Austria 1.44, Romania 48 percent, Argentina 29.62, Brazil 29.3.
OCR fragment shows unclear phrases about New Teag wares and a price around 8 dollars with numbers like 101.37 and 4 percent, but the overall text is garbled and indiscernible. No identifiable people or organizations are readable.
New York stock prices opened with a strong tone and extensive short covering. Gains appeared in Savage Arms, American Car and Foundry, Pan American, Radio Corp, American Smelting, Mack Truck, Great Northern, and Sears Roebuck, while 0.8 Cast Iron Pipe fell briefly. Final gains ranged up to 10 points as wheat rallied and Hoover and Mellon buoyed sentiment, with around 1.2 million shares traded.
A broad list of closing prices and ticker references for American and international corporations appears, featuring Am. Can Am. Car, American Sugar, AT&T, Am. Tobacco, Anaconda, Chrysler, Coca Cola, General Electric, General Motors, IBM, and many others across sectors including steel, oil, rail, and utilities with scattered price figures. The OCR reads like a dense ledger of market quotes and company names without full numerical values.
New York copper remains steady with spot and futures at 14 percent. tin holds firm at 64.28. iron and lead show no change while zinc strengthens to 7.40 and 16.00 for timepy spot. East St. Louis markets echo the firm tone across metals.
Boston reports the Commercial Bulletin will note continued restricted wool demand with prices irregular and not higher. London closes with steady demand and buyer-leaning price moves while colonial markets show slight improvement. Mohair remains quiet with mixed price tendencies.
A Capitol theatre showing of K The Unknown featuring Virginia Valli impressed audiences with its convincing artistry and faithful adaptation of the story. The initial performances validated the film’s strong characterization and narrative fidelity.
A Rex theatre showing of Soft Shoes features a sheriff from a western town who inherits a fortune and seeks San Francisco nightlife. An midnight burglary with an armed woman pulls him into the city underworld and he stays to learn its ways.
New York March 20 AP bankers say the grain price decline may have a temporary sentimental effect and reduce persuasive power of agricultural districts but will prove constructive long term. The farming sector has already marketed grain so the price drop has not harmed farmers pocketbooks. One banker notes a $2.00 per bushel wheat purchase and suggests selling new crops on a two dollar basis to avoid sharp declines.
New York reporters note closing oil quotations at 2 15 p m with Prairie Pipe Line at 118 Standard of Indiana 625 Standard of New York 43 Continental New Bradford 5 Salt Creek listed among current prices for curb oil markets.
An old style ad argues a grouchy mood stems from stomach and intestinal troubles and promotes Mayr's Wonderful Remedy as a simple harmless preparation. It claims to remove mucus from the intestinal tract and ease inflammation causing stomach liver and intestinal ailments including appendicitis, available at druggists.
Washington reports the 1924 United States cotton crop reached 13,618,751 equivalent 500 pound bales, the largest since 1914. The gain over 1923 was 3,479,080 bales, with only 1920 close to this level in the period since the 1914 record of 16,134,930 bales.
Wilney New York reports call money at 3 percent high and 8 percent low with closing bid at 3 percent and offered at 8 percent. Last deal shows 2 percent. Call loans secured by acceptances at 8 percent. Time loans steady with mixed collateral for 60 to 80 days and 4 to 6 months at 4 percent. Prime commercial paper around 8 percent.
In New York on March 20, silver bars traded at 67 percent purity and Mexican dollars at 62 percent. Market notes show steady demand for precious metals amid cautious trading.
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