davidaulloa/AmericanStories huggingface dataset:
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
RAIL way BONDS
DROPPED MUCH
DURING SUMMER
Fall Of Tri-City Company Securities
Part Of National Movement in
Similar Paper.

Securities in the Tri-City Rail-
! way company have, in accordance
with street railway stocks and
bonds all over this country, taken
definite downward trend during
the last year.
Not all of this fall occurred at
the time of the first controversy be-
tween the employees and the COM
pany, when the company made plain
that a sufficient income was not be-
ing made on the investment.
During the period of the war,
when the costs of materials took
such a big advance, or became I'M
obtainable, the cost of operating the
railway company became much in
creased. Equipment took startling
raises, and where a street car
could be purchased for $4,000 before
the war, the price finally got to $4,-
600 about a year ago. This had a
bad general effect on all street
car operating companies all over
the United States, for the condition
was general. That deprecated the
market value of the securities is
sued by these companies and i'm
paired the credit of street car COM
pdnleS very seriously.
The result was that when the
labor situation became acute the
highest quotations on all railway
securities had been lowered mater
tally from the pre-war price, be-
cause labor demanded and received
higher pay, materials took to the
balloon, while the income of the
companies remained as before. Ma
turally then, interest upon the in
terest upon the investment failing
to come in the right volume, the
interest on securities was unable to
be paid up to normal. and BEGAN to
be thrown upon the market by hold
ers at whatever price was offered.
The law of supply and demand then
regulated the prices, and the supply
being somewhat superfluous, down
went the prices
Relief was gained by some COM
panies in raising the charge for
transportation, which put the earn
ings upon a sane basis again. and
checked the fall of thej- stock and
bond quotations AS in the local
concern, however, many were re-
fused such a raise by local. state or
national authorities, and prices
kept on falling.
At present the 3 per cent bonds
maturing in 1880, of the Tri-City
company, are quoted at Sc, whereas
last fall, in early September or
late August. they sold freely for "a.
The issue which natures in 1923
was up to 80, offered. last fall, and
has tobagganed points, to SO.
The preferred stock of the COM
panv, which pays per cent on par
declined within the last six months
about IL points. T. now remains
stationary at rs. although early in
the spring it was around ST. The
decline was slow and gradual at
first during the last year. owing to
the casual nature of the cost in
creases. It was FASTENED consider
ably by the declarations of the COM
pany and the labor trouble in the
last six months.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
HEIR CONTESTS
WHITE WILL ON
INSANITY PLEA
Daughter Claims Mother Of Un-
sound Mind When Testament
Was Made by Her.

Alleging that Martha White, de-
ceased, was of unsound mind and
thus incapable of making a Just
and proper distribution OF her es-
tate, Elizabeth Justice, a daughter,
has brought suit in circuit court
against Frances White, minor
daughter who is named sole heir
in what is purported to be the last
will and testament Of the dead wo-
man. Proceeding has been begun
for the purpose of setting aside the
will. Harry r. Morgan, executor
named in the instrument, is also
made defendant in the suit
The instrument figuring In Me
action bears the date Of April 1A
1919. Not quite one month later,
on May 10. Martha White died.
She passed away while confined a.
the state hospital at Watertown.
The will leaves all the property.
both real and personal, TO the
daughter Frances. without mem
ton of the complainant, Mrs. JUS
tice. The instrument was admit
ted to probate by Probate Judge
Sriend L. Church on June 9.
Through her attorneys. Carl
strom & Hebel, the complainant
charges that the will was drawn
while the deceased was in a men
tally unbalanced condition and
that the instrument was not signed
by either the witnesses or the prin-
cipal in the presence OF the other.
Further allegation is made that
the deceased formed an intense
and insane hatred fer the COM
plainant and that the dead woma5g
had once previously been copsm-
ed and discharged from the hospi-
tai for the insane at Jacksonville,
Ill. The bill also sets forth that
the deceased, following her re-
lease from the Jacksonville insti-
tuition, attempted the life Of the
complainant.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
ALEDo PERSONALS

Mr.. and Mrs. F. w Johnson were
visitors in Rock Island yesterday.
Mr.. and Mrs. K. NJ. Saunders left
yesterday by automobile for their
home at jefferson, Iowa, after
spending a week visiting Mrs. Saun-
ders' parents, Mr.. and Mrs. George
W. Gillespie and other relatives of
this city. During a three weeks
vacation the Saunders have trav-
eled 1000 miles by machine.
c. A. Freise, county treasurer,
was a business visitor in Mon
mouth yesterday.
P. S. Richey, county farm advisor,
returned yesterday following a two
days attendance at a meeting of
the board of directors of the Illi-
nois Agricultural association held
on Monday and Tuesday in Chi
cago.
Mrs. A. c. Anderson and small
son, Dale, left this morning for
Orion where they will proceed to
Geneseo to visit relatives.
Mr.. and Mrs. j. H. Whitehill of
Clarenda, Iowa, arrived this morn
ing for an extended visit at the
w. A. Wharton home in this city.
James A. Allen left this morn
ing for Rio where he spent today
on business.
Edgar C. Morse, division inter
nal revenue collector, left this
morning for Peoria following 4
week of work in this city.
E r. Petrie left this morning for
Princeton where he will transact
business.
Mrs. C. ]. Lindstrom of Atlanta,
Ca, is visiting a brother, Martin
Tornquist of this city, and other
relatives here.
Mr.. and Mrs. Bert Boyles and
small son of Rome. Iowa, are vis' :
ing for an indefinite period with
relatives in this vicinity.
W. ]. Peters and family of Aledo
and Mr.. Peters father, j. W. Peters
Of Flint, Mich, attended the auto
show at Galesburg today.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
EARLY DROP IN
CORN Is WIPED
OUT BY BUYING
Decline Due to Rains Fails to Last
With Light Offerings and
Good Demand

Chicago, Ill, July 31.--Aithough
rain here and in various other
places tended at first to ease. the
corn market today, setbacks were
not of a lasting character. Offer
ings were scarce and an upexpect-
eddy good demand from commits
sion houses sprang up. Bulls con-
tended that general soaking rains
were needed, and that serious crop
damage had already taken place
in many sections. Opening prices,
which ranged from &c decline to
nc advance, with September at
195 to 1861 and December at
16S to 1.69, were followed by rail-
lies that in some cases reached
well above yesterdays finish.
Oats were governed largely by
action of corn. After opening I'M
changed to &c lower, including
September at 1914 to 79A,s the
market swung sharply upward.
Strength in the hog market gave
an upward slant to provisions.
Trade, however, was slow.
Reports of additional rains led
subsequently to steep declines,
which were further emphasized by
notice Of Is days embargo on ship
ments of coarse grains to New York
and by Washington advices in re-
gard to reduction of living cost. The
market closed unsettled, 511c net
lower to 1c advance with Septem-
Der $1.939s to $1.9SN, and Deem
Der $1.631z to $1.63A.
In provisions, later sharp
break in values occurred simultan
eously with the reports of excep-
tional weakness in grain.
Chicago Cash Grain.
Chicago, July 31.-Corn-No. 2
mixed, $199@2; No. 2 yellow, SEQ
2.02.
Oats-No. 2 white. 7SA @S1hc;
No. white, 7711 oslo.
Rye-No. 2, $1.67@1.68.
Barley-$137@1.41.
Timothy-$9@11.50.
CIover-Nominal
Pork-Nominal.
Lard-$34.o0.
Ribs-$2762S.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
SITUATION IN
CHICAGO WORSE
THAN IS TOLD

1.-THE situation is worse in Chi
cago than the papers say" de-
clared P. S. Richey, county farm
advisor, who on Monday and Tues
day attended a meeting of the
board of directors of the Illinois
Agricultural association held at
Chicago.
There are absolutely no means
except by foot, auto or wagon, to
get anywhere" he stated. Every
thing that moves is being utilized
by workers today in Chicago as
conveyance, and many are. the
freak contrivances beheld in the
loop and elsewhere bearing their
load of human freight.
1.-THE race riot situation is very
serious, it seemed to be me more
so than the people outside of Chi
cago realize"
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
STEPS
To CUT HIGH
PRICES NEAR

Continued from Page one.)
today actually earning less money
than they did before the war be-
cause of the great depreciation in
the purchasing power of the dollar.
Attention also was called to the
widespread spirit of unrest among
all classes whose wage no longer
will provide adequate food, shell
ter and raiment for themselves and
families.
No plan of action by the govern
ment will be suggested further
than some adequate measure be
taken to reduce the cost of the nee
essaries of life to a figure that the
present wages and income of the
people will meet.
President is Impressed.
The president was deeply i'm
who earlier in the day had con-
ferred with Walker D. Hines, d.
rector general. of railroads, on the
same subject.
1t was announced at the White
house after they had presented
their memorandum that amy ac-
ton by the government to remedy
the situation would have the pres
ldent's very serious considera-
ton"
Investigations Under Way.
Several investigations which NAV
have an effect on the high cost of
living are under way in the de-
partment of justice, Attorney Cen
eral Palmer said. He declined,
however, to indicate their nature.
At the department of Justice in
vestigatiOns into the causes of in
creasing costs were under way
with particular attention being Civ
en- to the question of whether pro-
ducers or dealers had combined in
violation of law to raise prices of
necessities.
Meanwhile there was pending in
the house a resolution proposing
that the federal trade commission
investigate rising costs of coffee,
sugar. shoes and clothing.
Prices Cut? No, Raised!
Chicago, July 31.-Chicago retail
distributors notified their patrons
today that beginning tomorrow the
price of milk will be increased
from IA to Is cents a quart and the
price of cream from Is to 16 cents
a half-pint.
Retailers explained that the pro-
ducers had increased the price of
milk to distributors 50 cents a hun
dred pounds for August and that
this made it necessary to raise the
price to consumers.
The Milk Producers association
of Northern Illinois, Northern In
diana and Southern Wisconsin.
which supplies Chicago, sell their
output to the Cooperative market
ing company, which is said to, be
owned by the producers.
In, May, after a series of nego-
tiaticns between the producers and
retailers the price was fixed at IA
cents a quart in May by federal
mediators.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
East st. Louis Livestock

East st. Louis, ILL.,, July 81
Hogs-Receipts, $500; higher; top
price $3.50; bulk $23@23.40; heavy
weight $2302S. 40; medium $22.9O@
1850; light, 2.75@23.4 40; light
light, $21022.50; heavy packing
sows, smooth, $20.25@21.25; pack
ing sows, rough, $1S.25@20.25;
pigs, $I5021.
Steady; receipts, 5000;
beef steers, medium and heavy
weight, medium and good, $12.50@
17.4O; common, $11@12.50; light
weight, good and choices, $12.50@
1875; common and medium, 500
1880; butcher cattle, heifers. $7.75
OILS; cows, $7.25012.50; Gamers
and cutters, $5.259725; veal calves
S13.50016; feeder steers, $500
II; stockers, steers, 5000.
Sheep-Market steady; receipts,
LOO; lambs, 81 lbs. down, $1S.750
1875; yearling wethers, $10@11.00;
ewes, medium and choice, $8.50@9.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
CIRCULATE SHEET
MUSIC AS FEATURE
OF ALEDOLIBRARY

A department of sheet music for
circulation is a new feature to be
added to the public library within
a short time, according to Mrs.
Flora B. Winger, librarian.
Several pieces will be under one
binding for loaning. A call will
soon go out from Mrs. Winger and
the library board for sheet music
donations, asking all music lovers
to give to the library some piece
which they have liked Nature of
the music to be circulated will de-
pend on that required by those who
come to loan, the librarian stated.
The new feature will not be ready
until about the time school starts,
Mrs. Winger said. Several matters
concerning it have yet to be ar
ranged.
A meeting of the library board
will be held Saturday night in the
library building. At the session
Mrs. Winger will make her monthly
report. A new supply of books is
usually received every month, but
none was ordered during June. due
to the absence of many members
of the library board. A 500 order
has been prepared and will be con-
sidered at Saturday nights meet
ing.
Mrs. Winger announces the re-
ceipt of IS views, accompanied by
a pamphlet with illustrations and
explanations of the congressional
library at Washington. from Mrs.
w. ]. Graham, wife of Congressman
W. ]. Graham. Although sent per
sonally to Mrs. Winger, the latter
declared that they would be placed
on file for use at the library.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
THE ARGUS
RED AND WHITES
LAY LOW ENEMY
Fair Umpire Fired Only 10 BE Re-
stored When Substitute Seeks
Safety in Hot Game.

II was Red and White baseball
day at the municipal Fairgrounds
yesterday.
By the overwhelming count of
"a to 10 the Purple and Gold nine
captained by George Hebel, bowed
in submission before a revengeful
foe. Led by Meredith Davis. the
Red and White diamond warriors
trampled mercilessly on the pen
nant winning aspiration of an
enemy made arrogant by his hard
won victory of a week previous,
when he had triumphed 20 to II.
From all reports it was a great
game. Coachers on the first and
third base lines and on the benches
forgot all pre-arranged signals but
that of hit and run. Errors, il is
said, were few and far between,
and the battle sparkled with bril-
liant displays of batting prowess by
members of both teams.
1t was an exhibition designed
and promulgated to put "big leag-
uers" to shame. Home runs
abounded and from the first thrill
ing stanza it was a race to see
which stick star could lam out the
most in the allotted time.
Through and over il all, with the
exception of one hot session, Mrs.
T. W. Leary, Fairgrounds director,
presided as umpire. Like a veteran
Jumps" of the majors she ruled
with iron hand, rendering decis-
ions upon which no debate or argu-
ment was tolerated. In the fatal
seventh, however, a close play at
first base brought a unanimous,
not-to-be-denied demand for a new
umpire. From nowhere a young
man miraculously responded, in
whose favor Mrs. Leary graciously
retired. Only half an inning did
the new arbiter last, however, act
ing speedily upon a desire TO abdi-
cate when his personal safety
hung perilously in the balance.
Mrs. Leary was then called back
and reinstated, with prestige and
influence strengthened.
Pitchers were flung in plentifully
by both sides in vain endeaVor to
halt the awful carnage. New
moundsmen seemed to exert little
erect however InelT euOrtS gam
ing small measure of respect and
consideration from opposing bats
men. He was indeed looked down
upon who had failed to earn the
right to use a "Home-run" prefix
before his name. Yea it was
gala day.
Members of the Purple and Gold
team contend that had the game
been played Tuesday as sched-
uled victory would have been
theirs. Rain proved their nemesis,
they say. Before the shower, how
ever, the broad jump was success
fully staged, Captain HebeTs team
carrying off the honors. Season
score, upon which hinges the Ice
cream, now stands: Red and
Whites, 10; Purple and Colds, II.
There will be no more baseball
this week. according to announce
ment of Mrs. Leary. Other games
which require use of balls will be
INDUCED in during the remaining
afternoons of play.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
Chicago Potatoes.

Chicago, July 31.-Potatoes I'M
settled; arrivals 20 cars; Kansas,
Missouri and Illinois Early Ohio's
asked, car lots, s2.90@S.10; Irish
cobblers, Kansas, sacked, car lots,
$3.10@3-25 per cwt; do Virginia
and Maryland, jobbing, $7.25@T.35
per Dbl.
Butter-Firm; creamery, 400
53c
Eggs-Lower; firsts, Al II @42hc;
ordinary f1rsts. 39@40c; at mark,
cases included, 39041c; storage
packed, firsts, 43@4315c.
Poultry-Alive, lower; springs,
30@32c; fowls, 291sc.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31

Continued from Page one.)
Bryan with any degree of serious
ness. We thought him a noble
minded visionary. Yet his plan is
incorporated as the first step OF
the pyramid of the present pro-
posed league"
1t was not until the war came
that any but tentative steps could
be taken toward the formation of
a peace league, Mr.. Lane said, and
if the president had not made the
effort to secure it I'VE would have
said he Was gutter"
Secretary Lane said he had been
unable to find in the covenant any
surrender of American rights more
than every existing rule of inter-
national law involved. 1t was, he
said. essentially a gentlemen's
agreement" based on the assump-
ton that each party to it honestly
desired to adhere to the principles
for which the league standA.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
Metal Market.

New York, July 81. - Copper
quiet; electorlytic spot, 2315; Au-
gust 2315; September, "a.
Iron stead and unchanged.
Metal exchange quotes lead
weak; spot offered at $40; August,
SIS.
SpeIter, weak; East st. Louis
delivery, September offered at $50;
August, 7.55.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
STOCK LIST is
DULL AS CLOSE
OF WEEK NEARS
Anticipating Approaching Recess,
Shares Grow Inactive After
First Hour.

New York, July 31.-Because of
the week end recess, dealings be-
came duh on the stock exchange
after the first half hour of moder-
ate activity. Trading continued to
center in the tobacco, leather and
paper groups, food shares also
claiming speculative attention.
Among motors and oils, irregular
recoveries were made and equip
ments hardened on the strength
shown by Crucible Steel. Texas and
Pacific was foremost in rails, rising
~ points, and Montana Power and
Pacific Gas and Electric featured
the utilities, the latter at 3 point
gains. Call money opened at to
612 per cent.
The closing was weak.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
CHICAGO FUTURES
Kansas Ctr Grain.

Kansas CITY. Mo, July 31.-Cash
wheat-Lower; No. hard, $4,000
234; No. 2, $2.20@2.31; No. 1 red,
1920; No. 2, $2.1615 @2.19.
Corn-Lower; No. 2 mixed, S1.96
@1.97; No. white, $2.0S; No. 2
yellow, 50.
Oats-Lower; No 2 white, 5000
Sic; No. 2 mixed. 75@76c; No. 2 red
75m76c,
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
N. Y. CURB MARKET

FURNISHED by E. W. Wagner & Co.
members of all exchanges Rock Island
Office suite 800 Best building. phones R.
$50 and 751. P. J. Mccormick, manager).
Opening.
Cosden, liz @A.
Mid Reg, 1.75@1.77.
Mid Oil. 2h@h.
Sap, 7@H.
Gulf, 57@%.
Glenrock, s@%.
Island, 7A@9s.
Com. Pete, 571z@5S.
Globe, 1901.
N. w. OIL, $3.50.
Penn, 14A@ o..
U. M. O., 5005S.
Curtiss, 10015.
Wright, 5@A.
Ledge, 11z@A.
Elk. AZ Il.
Tire, l 3-16@5-16.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
Liberty Bonds.

New York. July 31.-Prices at
II a. m. today were: 31ss, 1886;
first As, 94.38; second As, 1854;
first AIS, 94.S4; second Ans, 94.06;
third AIS, 95.08; fourth ANS, 94.10;
Victory SAs, 1894; Victory 4%s,
1888.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
Peoria Livestock.

Peoria, ILL.,. July 31.-Hogs-Re-
ceipts, 1,400; strong to SOC higher;
packing grades, 81 higher; top
prices, $23.10; bulk, $22.90@23;
lights. $22.S5@23.1O; mediums,
$22.S5@23.10; heavies, $22. 80@23.
CattIe-Receipts, $50; steady;
calves slow to 81 lower.
Sheep-Receipts none.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
Buying Prices
What ROeG IslAMd Merchants Pay
Farmers.
Live Poultry and Eggs.
Buying Prices
In Rock Island.

The prices below are those paid BY
merchants for grain brought in from the
country and not for shipments by rail or
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
Wholesale Prices
In Rock Island.

Honey dew melons. crate of g.. So 40
RIueberries, GUILTY. ated. crate of 16. SO 90
Malaga grapes, crate -. .5-15
Cantaloupes standards. crate. So. 80
Bananas tcity). per pound. &c
Egg plant, dozen z 80
California Val. fancy, box. 500
Turioek cantaloupes, crate 90
Creamery butter. pound .o1 TO 54c
Oleomargarine, 36-Ib. box. 40 to 43c
Eggs. fresh country dozen 45c
New potatoes. white, red. pound. 2 n c
Cabbage, homegrown, dozen 90
Home grown yellow onions, pound. &c
Texas tomatoes, crate .z.0o
Homegrown cucumbers. dozen. =. 45c
Homegrown tomatoes, ID. ...-.... Csc
Homegrown onions. per dozen. .20c
Homegrown turnips, per dozen. 80
HOMEGROWN beets dozen. punches. 30
Cucumbers, hot house. dozen. L so
HOMEGROWN roasting ears, dozen 25c
Mango peppers, dozen. Csc
Parsley per dozen lunches $500. Zoe
Green beans. home grown. Id. 49,. z u C
Greer beans, homegrown. ID. 10 to IL i c
Watermelons. lb. 1880 -. &C
Garlic. loose, pound .......... :oOc
Texas peacnes- o.oo
Neetarine. dozen. ...... zoe
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
Selling Prices
In Rock Island.

The prices below arc those At which the
retail merchant sells to the consumer:
Live RouffPy.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31

LOCAL AND OTHER MARKETS.
(Ouotations furnished by Morris Gels
mar & Co stocks and bonds, Central Trust
b,,iJf4ing Phone r L I67Ol
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-31
LANE DEFENDS
LEAGUE AS BIG
NEED OF WORLD

Continued from Page one.)
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1919-06-16
Moscow Wins a Double-Hea

The Moscow base ball team jour
neyed to Juliaetta yesterday and from
there to Kendrick playing both teams
and defeating both in the same after
noon. The Juliaetta game was a rath-
err loose played game with great
deal of "rag chewing" Two or three
of the Juliaetta players considering
it necessary to chew the rag contin-
ually, notwithstanding the fact that
both of the umpires were Juliaetta
men, the players from that town team
seemed to deem it necessary at every
decision to crab and left the impress
sion among a good number Of the
spectators that they were mighty
poor losers.
The Kendrick team are team OF
good sports and good ball players and
the game there was close one, fea-
tured by mighty fine pitching. Ret
tig for Moscow pitched an extra fine
game. The Moscow team showed
wonderful improvement since their
last game and had ought to be in dan
dy shape for their games on the
Fourth with good practice between
now and then. The scores, Juliaetta
2, Moscow 10. Kendrick 4, Moscow s..
The Moscow team plays the strong
Potlatch aggregation on the Moscow
grounds here next Sunday. This had
ought to be dandy game as Pot
latch has one of the strongest teams
of the Palouse country and is one OF
the teams to compete in the tourna-
ment here on the Fourth of July.
Lets all turn out and boost for Mos
COW next Sunday.