davidaulloa/AmericanStories huggingface dataset:
The sun., 1919-07-09
Artificial strfngency.

II 10 more than suspicion, It amounts
practically to conviction. that the money
market Ia under process Of manipuia-
ton and that an artificial stringency is
being brought about by certain interests,
which appear to be determined to put the
brakes on speculation. Wall Street was
combed yesterday from ono end to the
other for reason for such money rates
as 10 to II per cent. at which money
closed. It simply could not be found. 1t
is pointed out that tho only heavy de-
mand In the near future is a 10 per cent.
instalment on the Victory notes due on
July 10. This loan was for $4,000, 0O0,-
600, and practically s3,500,0Oo, 900 was
paid in by the first OF the month. leav-
Ing $1,000, 100000 unpaid. Ten per cent.
OF this would be 800, 000, 900, and yet tho
instalment should be considerably less,
since many purchasers anticipated pay
ments. Against this drain there is S62O,-
57S,50o certificates OF Indebtedness fall
ing due on the same day, which banks
may use In cancelling the loan install
ment. Funds paid out on the first Of
the month are altering back to the
banks BY all Of the rules and regula-
lions OF finance money should be nor
NAL and easy. 1t ls just the opposite.
The sun., 1919-07-09
Savage Arms.

Tho sudden strength displayed by
Savage Arms yesterday is reported to be
the result of a compromise between the
stockholders and the management In re-
gard to cash dividend. which the stock
holders have advocated for some time
The company has approximately 800 a
share on hand, and several weeks ago
the stockholders got together and de-
manded a SIS distribution. Since that
time compromise has been reached.
Three directors are reported to have
been won over to the side of the stock
holders and the compromise figure is re-
ported to be $50 share. Since the
armistice the company has branched out
az manufacturer of automobile accesso-
ries. and its Sharon. Pa, plant Is being
used for this purpose. Inasmuch as the
earnings for the first three months Of the
year have been equivalent to about 10
per cent On the stock It Is the conten-
ton OF the common stockholders that the
$50 extra can be distributed without
weakening the company's strong cash
position.
The sun., 1919-07-09
GOSSIP OF WALL STREET.
Disressrdins the Money Rate.

Under ordinary circumstances money
rate Of 15 to II per cent would cast q
chill over the market. That circum-
stances we're extraordinary was demon
strated yesterday when stocks In gen.
eral moved up buoyantiy at the time
That. rates were being quoted. In fact
the high money rate, although taken into
consideration on the previous day. was
disregarded yesterday almost entirely.
The Street made up it's mind that the
high rate was an artificial one, the child
or manipulation. and as such chose TO
Ignore It New buying came into the dis
trict In volume. Shorts were obliged %
go into the market to buy stocks for
covering purposes, and these forced pur-
chases, OF course, accelerated the ad-
vance. Steels, coppers, rails, the better
class of oil stocks and practically all of
the well advertised specialties closed the
day with healthy and reasonable ad-
vances. The good. all around demand
for stocks in the loan market after the
close suggested the heavy short inter-
est that hangs on grimly.
The sun., 1919-07-09
The Rails,

II has taken long and consistent and
repeated booming OF the railroad stocks
by Wall Street houses to arouse a flicker
OF interest in their behalf by the gem
eral public. But yesterday, to a small
extent, the missionary work was repaid,
for orders for both the high priced and
the low priced rails came into the Street
In moderate volume, at least In suf-
nc.ent supply to advance them conserva-
lively. OF the high priced rails, Read
ing, Union Pacific. New York Central
and Southern Pacific were in demand.
In the low priced rail department, in
which several pools are reported to be
operating. Missouri Pacific, Pere Mar
quette. St Louis and San Francisco,
Southern and Rock Island were the
most responsive. In discussing the rail
problem one house yesterday advanced
the theory that the fairest plan Con-
gross could adopt would be to turn the
reads back to operation by their own
organizations at once with continuance
OF the guarantee OF the standard operat-
ing income TO the end OF the year.
This, it is pointed out. would give the
roads a few months in which to restore
their dismembered traffic departments,
to get back the traffio that once was
legitimately their own and generally to
reconstruct the lines.
The sun., 1919-07-09
Breaking the Spell,

1t has happened with such persistent
regularity that Tuesday has been a day
OF reactions that OF recent times the
Street has come to accept that day of
tho week as ono in which lower prices
may be expected. Just to vary the mo-
nctony and for the first time in many a
week this Tuesday was a day of buoyant
advances. The theory that Tuesday Is
reaction day is explained by market ex-
perts as a natural one following the dis
tributlon OF the over Sunday orders on
Monday. Several commission houses
yesterday reported that Western buyers
were again in the market, particularly in
the motor shares. and that this avalanche
OF orders did not reach New York until
after Mondays shakeout
The sun., 1919-07-09

Csn.s~.sd ON Pass 10, ooIs. and 4
The sun., 1919-07-09
FOREIGN BONDS.

FoRELGN BONDS DEALT IN FLAT.
Mexico Extern. sterl. IS Of -, 1915. IS GO
Mexico Extern. gold 70 OF " 1854. s. &c
The sun., 1919-07-09

United States Rubber was reactionary.
falling from 1857 to 1914. Corn Prod
ucts receded from e1h to s9A. Key
stone Rubber was moved up a point to
ll6h. Ajax IN to 1917 and Goodrich
IN to SIN,
Virginia Carolina Chemical was best
OF the food issues, rising az to sex.
The tobacco shares fuctuated in m
comparatively narrow range, finishing
with but slight changes from Mondays
final prices
The sun., 1919-07-09
WHEAT RECEIPTS INCREASE
Total From Farms for Week Ended
June 1T IL 2.B79.OOO Bu.h.I..

Wheat receipts from farms for the
week ended June 81 amounted to 2,57s.-
400 bushels. according to a statement
Issued last night by the Grain CORPORA
ton and covering the wheat and wheat
-four movement throughout the United
states. 1t shows an increase OF 25s, 900
bushels from the preceding weeks fig-
ures and a decrease OF 100000 from
those of the same week q year ago.
Total stocks of wheat in country ele-
vators. mills and terminal elevators on
June II were 1895. 900 bushels, against
l4'26s,o0o on the same date OF last year
rhe weekly decrease was 6.339. 600
bushels this year. against n weekly de-
crease last year OF only $4,000.
The sun., 1919-07-09
A stock Case Decisiou,

The renewed activity in the tobacco
stocks yesterday, particularly In United
Cigar Stores. which is to be merged with
United Retail Stores. is reported to have
been backed by news OF a decision lust
handed down by Commissioner OF Inter
pal Revenue Roper. He has ruled, ac-
cordlng to the report which reached Wall
Street. that stocks having a par value
when exchanged into stocks with no par
value In a new corporation or combine,
are not taxable so far as the income
tax Is concerned. The decision brought
fresh activity not only from the pools,
but from individual buyers since several
operators In these two securities have
been awaiting the decision.
The sun., 1919-07-09
MONEY AND EXCHANGE.
CALL MONEY.

Receivable. Other Names
Ninety 1 dsli GossE% s sTATfHRN.sH
Clearing House exchanges, ts3s.l27. sac; bal
Ances, sfs.eOos7s; ub-Trsssury credit bal
ances, ts.1ia7s; Federal reserve credit bal
ance, Us, ~, s70
DOMESTIC EXCHANGE.
Boston. par; Chicago. par; St. Louis 70
s 30 .saS per 1900 premium: cinc,nnat. par |;
Minneapolis. ioc. premium.
SILVER PRICES.
Bar silver in New York, N.07, on 40 In
London. ssttd.. on nd. Mexican dollars,
The sun., 1919-07-09
ImpOrtant-If True.

Now that the telegraphers strike "a
over lots OF things are coming over the
wires into the financial district that are
calculated TO produce wide grins. For
instance. a report from Pittsburg yes.
terday brought the interesting informa-
ton that a new clique Of New Workers
had dumped some 100000 to $4,000.
900 into Crucible Steel. that Il had &C.
quired majority control and that an
Eastern man would soon be named head
OF the company. This. according to the
elusive authority, is the answer 10 the
sudden awakening OF the old time war
baby into a Jumping. shooting. rampag-
ing stock.
The sun., 1919-07-09
BONDS IN NEW YORK STOCK EXCHANGE
Tuesday, July 8, 1919.
RANGE OF LIBERTY BONDS.

United States Foreign Railroad. Industrial and Other Bonds
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-12-22

Some Of the wiseacres are pick
ing j. Carlisle Smith of the Braves
for the discard. They opine he's
slowing up.
Maybe SO. But he can slow up
mentally and physically for some
time to come and still be as good
as bunch of birds we know in the
big show.
Smith is one of the few men still
with the Braves who helped that
outfit cop the bunting in 1914.
He is 90 and has been in the pro
game 10 years. He started playing
with the Anderson club of the Caro-
lima league in 1909. The next year
the Cubs grabbed him of. They re-
considered their more, however, and
turned him back. The Cleveland
club bought him the next year, but
released him under an optional
agreement to the Nashville South
ern league club. When the Indians
failed to exercise the option Nash
Vile sold Smith to the Dodgers.
The Dodgers sold him to George
Stallings in the middle Of the 1914
season. With Evers, Schmidt and
Meanwhile he formed the cracker
jack infield which was one Of the
main cogs In the pennant winning
outfit.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-12-22
LEGION. team
IN TRIM FOR
TWO GAMES
: High School to Be Taken On in
Practice Tilt Tonfght-Dav.
export Team Tomorrow.

Candidates for the America Leg
ion basketball team are in fine
fettle for tonights practice setto
with the high school. Coach An
der announces that everyone will
be given chance to show some
thing TO determine whether or not
he will start against the Blackhawk
Mattress team On tomorrow night
in the first regularly scheduled
game Of the season.
The games tonight and tomorrow
night will be played at Armory
hall. Interest In the team has
reached high pitch and large
crowds are anticipated for both
contests.
Captain Lee Dempsey is enthus-
iastic over the prospects Of the
team becoming champions in this
section. He believes Rock Island is
ready to support high class basket
ball and this is what the legion
aims to give the city, he says.
Arrangements are going forward
as to the schedule. Numerous Of
fers from out-of-town teams have
been received. for contests and sew
era! dates have been booked. These
include Des Moines. Sterling, Can
ton, Galesburg and others.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-12-22
TROPHY FOR BIG
TEN TITLE WILL
BE GIVEN uLulI

Chicago, Dec. IA trophy to
be awarded annually to the winner
of the Big Ten intercollegiate foot.
ball championship was announced
at the banquet of the Illini asso-
citation at the University club Sat
urday. Four hundred graduates Of
the University Of Illinois attended.
The trophy is to be the gift Of E.
c. Patterson and George AIDE and
will be awarded to Coach Zuppke's
champion Illinois team for its 1919
title. The emblem is to be . full
sized football of silver, standing
placed for a kickoff, on brass
mound. 1t will become the perma-
nent possession Of the Big Ten
team that wins three champion
ships, which must not come in sue
cession. In case Of disputed title,
a committee will be appointed to
award the trophy. Members OF the
winning team will be given medals.
E. c. Patterson. in making the
announcement, said: II have said
in print, and I will say it again,
that l think Illinois could win de-
cisively from any team the east
showed this year."
Coach Zuppke said: Illinois
greatest team was her 1914 eleven,
but her 1919 team was her gamest.
We refused Harvard a one game
contract, and in doing SO we were
fighting for the middle west, and
not for Illinois" The Illinois men
tor also said: u protest the all
American team chosen by Walter
Camp, and l will say openly that l
do not think he is sincere. / think
it is a slur on western football that
Oss of Minnesota was not an all
American selection"
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-12-22
TW0-b|T SEATS
may DISAPPEAR
Magnates Think Bleachers Too Big
and Grandstands Too Small
In, These Days.

Chicago, Dec. 23.-What has be-
come Of the boys out in the bleach
ers? Only a few years ago one
found the real genuine 100 per cent
baseball fans sitting out in the sun.
Now the bleachers are too big
and the grand stands are too
small in nearly all ball parks-1ot
only in the major leagues but in the
minors. Because of that condition,
baseball magnates held informal
discussion Of the situation at their
recent gathering in New York, and
in the near future are likely to take
some action to adjust things.
1t looks like the days of the 20
cent fan are numbered. Too many
OF him have quit the bleachers.
leaped clear over the pavilions and
settled in the grand stand at IS
cents per, plus the war tax. Some
OF him even may be found in the
box seats at dollar and up.
Not Expensive Enough.
The magnates avoided any for
mai action at the recent meeting,
probably through fear of being
classed as profiteers. However, 1t
is generally understood that the %
cent seats are to be abolished or at
least reduced. 1t actually seems as
if the magnt ties will have to charge
more for them in order to sell
them.
On numerous occasions last sea
son. both at Corhiskey park and
Cubs park. the grand stand over
flowed, while there still were lots
of vacant seats in the bleachers
and pavilions. The fans apparently
would rather pay Is cents plus the
tax for a place to stand on the
field than to sit in the cheap seats.
The same fellow who paid quar-
ter 10 years ago for baseball
ticket paid quarter for dinner.
Now he has to pay about IS cents
for the dinner, SO he's willing to
pay rs cents for the ball game.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-12-22
MITCHELL STAGES
COMEBACK, DEFEAT
TO PETE HARTLEY

Philadelphia. Dec. 20. = Pete
Hartley Of New York started like q
whirlwind against Richie Mitchell
Of Milwaukee Saturday night aud
for one round had the western lad
in trouble. Hartley, however. could
not keep MP his advantage and in
tho I'VE remaining rounds was on
the short end Of the milling. Twice
In the opening round Hartley stag
gered Mitchell with uppsrcuts to
the jaw. Mitchell. quickly recover
ing between the flrst and second
round, gradually overcome Hart
ley's advantage and was IN easy
winner at the end Of thes ixth and
ilnal round. In the semi-windup
George Brown Of New York &C.
feated Charley Parker Of Boston in
,six rounds,
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-12-22
BOWLERS SIGN UP
TO JOIN TOURNEY
ROCKFORD, JAN. F:

Rockford, ILL.,, Dec. 22.-Every-
thing Is ready for the northern
Illinois outrnamef1t held by the
Rockford Bowling association at
the Grand B. & 3. alleys. Rockford
The alleys, pins and in fact every
thing is in first class shape and
when the tournament starts Jan. 9
there will no doubt be some good
scores as there are some Of the best
bowlers in the country entered up
to date
This years meet will be by far
the biggest and best ever held by
the Rockford Bowling association
which has left nothing undo4e in
the way of making this tournament
a success. The estimated prize list
is $4,000, with a guaranteed first
prize of $3.50 in the 5-men; 2-men.
800, and the singles, SIS. and it is
the aim of the association to try
and better this il possible Now
that the time is drawing near for
the closing Of the entries. which
is Dec. Is, every mail brings in
entries. Up to date they have come
from Chicago, Aurora, Freeport,
Beloit. GAINESVILLE. Madison, MIL
waukee. Racine. Waukesha, Wauke-
gan, Gary, Joliet, Lake Forest, FL
gin and Belvidere.
All entries should be mailed to
Arthur Lundahl, secretary Of Rock
ford Bowling association.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-12-22
SAYS CARPENTER
TOTES A WALLOP

New York, Dec. 22.-George Nc
Donald. the famous English sports
man, is in town. The last time
George was here he guided the pu-
gilistic destinies of Matt Wells. then
English lightweight champion,
whose bout with Knockout Brown
auspiciously opened boxing on the
now defunct Frawleys law in this
state.
Mcdonald and, it is understood,
C. B. Cochrane. promoter of the
recent Carpentier-Beckett bout in
London. who is snow on his way
here, are going to try to sign up
Dempsey for match abroad with
the European champion. {
Says Dempsey viii Re Surprised.
Carpenter will surprise Jack
Dempsey, worlds title holder. when
the two come together for the
worlds title" declared Mcdonald.
Carpenter will beat any man he
can hit solidly," he added. "The
French boxer has tremendous
punching ability, and is wonderful
~ skillful and clever Mind, I
don't say he will beat Dempsey. l
couldn't commit myself to that .ex-
tent, for l haven't seen your cham
pion in action.
81 understand Dempsey is Won
derful fighter. From what / have
Seen Of Carpenter. however. I will
say, without hesitation that any box
er who feels the full impact Of his
blows must experience defeat"
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-12-22
TREMAllE NOT TO
MEET BRITISHER
WILDE AT CANTON

Cleveland, O., Dec. 22.-The pro-
posed match between Jimmy Wilde.
English nyweight champion, and
Carl Tremaine for Jan. l. at Canton.
will not materialize. Matt Hinkel.
Cleveland fight promoter. an
nounced last night Hinkel said
that after Wilde's American repre-
sentative wired acceptance Of his
offer the lighters English manager
asked Hinkel to meet him in Mil
waukee for further discussion.
The Cleveland me.n said 1t would
take too long to make the trip b.
fore Jan. /. 80 he called the match
OF. He said he would try and put
the show on In Akron. Jan. Is.
Peeved at the manner In which
boxing matters have been handled
by tho boxing commission here.
Hinkel announced his withdrawal
from the fight game IN Cleveland
for this rest of the season. He said
he would turn his attention to
Akron instead.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-12-22
GENESEO

Leslie Smith. landscape gardener
and orchard specialist, has moved
his Office to Geneseo from Rock
Island.
The banks of Geneseo have
changed the time Of closing from
3 o'clock to 4. sharp. on account
OF considerable objection to the
earlier closing hour.
Mrs. Johanna Schmitz, an old
resident of Geneseo. died at the
home of her nephew, William
Swemeline. near Spring Hill. on
Wednesday night. The funeral will
be held Sunday afternoon at the
German Lutheran church.
At st. Malachyo Catholic church
on Christmas eve. there will be
the celebration of a midnight mass,
the musical numbers Of which will
be as follows:
Processional-Holy Night.
Kyrie-Sells.
Gloria-From Leonards Mass in
+ fiat.
Gloria-From Leonards' Mass in
E fiat.
Offertory-Adeste Fidelis, Gre
gorian.
Sunctus-From the Mass OF Our
Lady Of Loretto.
BenedictusLGounod, from the
Mass Messe Solenette.
Agnus Dei-Leonards.
Dona Novis-Sells.
The musical numbers to be rem
dered at the Methodist church ser
vice next Sunday forenoon are as
follows:
Hymn, "Hark. the Herald Angels
Sing"
Solo anthem, There We're Shep-
herds"-soloists Mrs. Reschke. Miss
Myers, Mr.. Santee, Mr.. Barge.
Anthem, Arise, Shine"
Anthem, Blessed Is He Who
I. Cometh."
Offertory-Allegro, by Beetho-
ven-E. M. Wagner.
Postlude, March Legine"-E. NJ
Wagner.
Ray Dobbs left Thursday to spend
the winter in Florida.
Children Of the Unitarian church
school Of religion will give . can.
tata, Tho goth Century SAINTS
Claus" on Christmas day. at 7:3(
p. m.
The nre department was called
Friday morning ct $3.50 TO the homl
Of Mrs. Carrie O6eslee on Noftt
Center street, b. . false alarm,
The harvesting Of ice n on ful
swing. The ics 10 Of very good
quality and the dealers are taking
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-12-22
DAILY CALENDAR
OF SPORTS

Racing.
Winter meeting of Cuban-Ameri-
can Jockey club. at Havana.
Winter meeting of Jefferson Par
ish Fair association, at New Or
leans.
Tennis.
Junior and boys indoor national
championship begins at New York.
Chess.
Yale Harvard Columbia Prince
ton intercollegiate tournament
opens at New York.
Boxing.
Benny Leonard versus Jake Abel,
10 rounds. at Atlanta.
Frank Moran versus Jack Burke,
S rounds. at Newark.
Joey Fox versus Joe Lynch, s
rounds. at Newark.
Pinkey Mitchell versus Eddie
Fitzsimmons, s rounds, at Newark.
Jack Sharkey versus Patsey
Johnson. s rounds, at Newark.
Joe Benjamin versus Mickey Don
ley. S rounds, at Newark.
Johnny Dundee versus Willie
Jackson, 10 rounds, at Detroit.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-12-22
ERIE

Mr.. and Mrs. Joe Blagg and Lor-
rim Matthews arrived home this
week from Iowa, where they were
employed with the Matthews Bros.
dredging crew during the summer
and fall.
Ice harvesting commenced In
Erie Tuesday and men with teams
have been cutting and Iauling ice
to fill the ice house Of the local
dealer Herman DeWerd and also
r. L. Burchell's. for private use.
The ice is Of good quality and about
ten or twelve inches thick.
The Erie public schools closed
Friday for a'two weeks vacation
and will open after New Years. No
special programs were given, but
each room held informal parties
and treats were given by the teach
ers. The high school party was
held in the evening.
The following are the recently
elected officers Of the Eastern Star
lodge:
Worthy matron-Mrs. Lou Miller.
Worthy patron-Lester Fadden.
Associate worthy matron-Mrs.
Anna Pfundstein.
Secretary-Niss Gladys Mahana.
Treasurer-Mrs. Elizabeth Bare.
Conductress-Miss Katherine AL
len.
The installation will be held on
Dec. 80.
Robert Dennis was operated upon
at Mercy hospital at Davenport,
Iowa. on Thursday morning for
chronic appendicitis. The operation
was successfully. performed and a
late report Friday states that Mr..
Dennis is doing well.
Joshua Seidcl Of Sterling, ILL.,,
visited his nephews, the Pfundstein
brothers. the past week.
Mortimer Carlson, who is q stu
dent at Lake Forest, arrived home
Friday to spend the holiday vaca-
ton.
Tuesday was bible day" At the
Erie Woman's club and Q good pro-
gram was enjoyed. During the
business meeting the name Of Mrs.
Randolph Besse was proposed and
she was received a. . member. On
account Of the fuel restrictions and
for other reasons 1t was voted to
dispense with the municipal Christ
mas tree which was proposed at
the last meeting. The program
opened with q sacred selection, on
the victrola after which Miss Susie
Pierce read an excellent paper on
the bible. followed With . talk by
Rev. J. Scott Hyde. The sacred &C.
lection. THE Holy City" On the
victrola closed the program.
A boy was born to Mr.. and Mrs.
Roger Potter On Friday morning.
The Ladies' Aid society Of the
Christian church gave . pre-nuptial
shower for Miss Mabel Breaker at
the Breaker homo on Tuesday AFT
ernoon. Twenty-eight ladies were
present and the bride elect received
many articles for household use. IN
GLIDING silver. cut glass. aluminium
wsre. table linen. etc. Miss Brack-
RI marriage to Lewis johnson q