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Newspaper
The Pocatello Tribune
Location
Pocatello, Idaho, United States of America
Date
May 14, 1925
Page
10
Chicago May 14 AP Wheat prices rose at the open led by firm Liverpool quotations and stronger export demand. Reports of low Saskatchewan germination and expected shipments from Argentina influenced the climb. May and July futures moved higher, with corn and oats following, while hog price declines weighed on the provisions market.
New York May 14 responding to favorable dividend announcements and firmer commodity values stock prices opened modestly higher though fluctuations remained narrow shares of soft coal car carriers were in demand while other rail issues fell American Sumatra Tobacco preferred opened with a three point loss and closing prices favored Du Pont U S Cast Iron Pipe Universal Vipe Stromberg Carburetor in final hour but overall selling dominated the railroad list Professional operators faced stiffer resistance in pursuit of higher prices as pool operations extended into new copper and food issues with about 1 250 000 shares traded
Market notes list hides salted green and dry at various prices from the Maho Hide and Fur Co in Pocatello Idaho Hides pelts and wool prices are included along with brief New York trading quotes for Curbealls Continental Prairie Standard Salt Creek and Bradford among others posted May 14.
The day’s cattle receipts reach 2 500 with yearlings and light steers steady to weak and other classes slow. Cows and bulls show mixed movements with beef bulls slow and veal steady to strong. Sheep receipts 8 000 with fed lambs steady to lower and best lights around 13.00, Calif spring lambs 15.25 to 15.60, shorn ewes 7.50 to 7.75.
Hog receipts around 35 000 with heavy declines across weights and types. Slaughter pigs, packing hogs, and light weights show the sharpest drops as buyers stay scarce and shipping demand remains light. Cattle receipts near 13 000 with uneven, steady to lower quotes on fed steers and slow heifers. bulls and yearlings mixed. Sheep intake about 15 000 with slow sales and lower bids, fat lambs and clippers holding value in limited bids.
Omaha news notes May 14 on log receipts showing bulk butchers handling varied weights. Prices range from 11.00 to 11.50 with practical top around 11.38. Early top markets and average costs are summarized for merchants.
Hog receipts 113 head all for market with lump wood priced at 11.50 per pound, lower than yesterday's average. Cattle receipts noted with no sales and bids around 5.09 to 6.25 for medium to good cows. Sheep: none.
Cattle receipts 2 800 calves with steers steady to weak and mixed offerings up to 10 50 per cwt while yearlings hold 9 50 region. Hog receipts 7 000 with prices 11 40 to 11 75 and top to shippers about 11 80. Sheep 2 500 fat lambs slow and mostly 25 cents lower with native and Colorado lambs priced around 12 to 15 dollars per cwt.
The raw sugar market opened softer with a 0.0032 drop to 4.30 on Cuban duty paid and sales of 11 0600 bags for second half May to a local refiner at 4.33 plus 5 000 Porto Rican due May 23 at 4.36. The lower spot level pressured futures, down 5 to 7 points at midday, while granulated sugar stayed 5.60 to 6.70 for fine grade and refined futures remained nominal.
Chicago May 14 A market summary for potatoes shows old and new shipment figures totaling 618 and 175 cars respectively. Prices vary by variety and region with Wisconsin and Michigan round whites near 1.20 to 1.40 per unit and Florida barrel bids around 6.00. The note lists graded and party-graded lots including Alabama and Louisiana sacked Bliss Triumphs with wide price ranges and mixed quality.
Chicago advances in price show a sharp rise in wheat with May delivery up to 1.58 dollars a bushel in the final hour. Overnight gains of ten cents per bushel are noted amid signs of liberal but short business.
Hog receipts total 6 000 with prices 40 to 60 cents lower and top 11 60. Bullet 11 35 to 11 60. Cattle receipts 1 600 with steady to a bit lower prices. steers 9.00 to 10.50, top 11.00. cows and heifers 3.50 to 10.25.
Calves sold 5.00 to 9.50 per unit while stockers and feeders brought 5.25 to 8.25. Sheep receipts were 3.000 and slow with a downward tone. Lambs moved 13.50 to 16.00 and ewes ranged from 7.1 to 9.25, indicating softer demand overall.
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