davidaulloa/AmericanStories huggingface dataset:
Evening star., 1922-07-01
DIliINISHED MARKET INTEREST
ONLY SEASONAL AND CAUTION
Slack-up in Trading in Line With Prece-
dent at This Time of Year-Business
Trend Being Watched Closely.
the coming of cold weather which
would be difficult to overrate.

the coming of cold weather which
would be difficult to overrate.
Coal status Live Topic.
The bituminous industry is better
off. Production is running at about
SO per cent of norma! and has been
speeding up to the utmost of the out
put at the non-union mines. Re-
serves are still large enough for the
mills and factories to get along for
every day the strike continues brings
the danger nearer of a curtailment of
the productive energies of the coun-
try, with consequent check up on
trade recovery.
More interest, therefore, attaches to
the efforts of the administration to
get the operators and miners together
and settle their differences, than to
any other pending matter.
Barring labor troubles the general
position is favorable. Business re-
ports are good. The steel mills are
operating at rs per cent there is un-
usual activity in the building indus
try and unemployment is small in
comparison with what it was even six
months ago. The general volume of
retail and distributive trade is almost.
if not quite. back to normal Federal
bank discounts. commercial discounts,
bankers acceptanceS and open market
money rates are all on pre-war
ba sis.
Next to the rise in agricultural
prices. which allowed the farmers to
pay" off their obligations at the bank,
the most important influence in re-
ducing loan accounts has been the i'm
prCvement in investment conditions.
enabling corporations to finance their
unfunded debts.
Mark Continues to Fall.
The fall in the value of the German
mark continues the most interesting
feature of the European situation, but
the causes behind it are certainly not
obscure. The note issue of the Ger
man reichsbank is now up to $4,000
000, 900 marks since the beginning of
the year and $4,000. 100000 marks since
the imitation incident to meeting the
reparations payments set In year
ago. The present total is nearly 158,-
100000 as against less than 2,0OO,-
100000 before the war.
! The way things stand now, no Solu-
tion of Germany's financial problem is
conceivable. Germany has no ac-
ceptable assets to pledge against an
international loan of sufficient mag
nitude to take care of the program as
at present prescribed. No French
government can modify the repara-
tions. bringing them within German
credit facilities. and hope to last The
test will come when Germany finds
monthly installments in gold The
question then will be whether France
will awaken to the truth that she is
jeopardiZing her own interetts. when,
through her policy of no let-up or
concession. she forces a German finan-
cial breakdown
Copyright. 1927
Evening star., 1922-07-01
by STUART p. WEST.

Special Dispatch TO The Star.
NEW YORK, July 1.-The interval
of quiet into which the financial mar
kets have settled is i'll line with prec-
dent at this season of year. An ac-
live spring. with some tendency to
speculative excess, calls for a read
justment in the month of June. with
gradually diminishing interest. fol-
lowed by spell of inaction lasting
through the greater part of July
This is an altogether familiar chi on
ology. In the old times the markets
were described as awaiting the out
come of the crops. This is hardly true
now, but it is a fact that important
financial operations are being held
back in order to see how general
business is going to shape up for the
tall, and particularly to see how the
labor troubles will come out.
The rail strike threat at no time has
been taken very seriously. The in
vestment community has been in
clined toward the view of the rail
executives that a walkout of un-
skilled maintenance of way men could
do no harm. while it.would be several
months before a shutdown of the car
repair shops would be keenly felt.
But the coal strike has got to the
stage where it is a distinct menace.
Certainly if the strike Is at all pro-
'pnged. it will entail hardshipS with
Evening star., 1922-07-01
STOCK MARKET PRICES
EASE, FROM HIGH LEVELS

NEW YORK, July Passing of
the first half of the year in the Sc
curities market was accompanied by
a pronounced change from recent
sensational movements in stocks and
the prolonged upward trend of the
bond list. Quoted values of shares.
almost with the sole exceptions of
rails. eased visibly from high levels
of the previous fortnight, and the
drive against shorts in Mexican
Petroleum caused a welcome cessa-
ton of remarkable antics in that
stock.
The strength of rails was ascribed
to something more than excellent
earnings and increased car loadings
Opinion in the financial district in
clined strongly toward the bellef that
graver developments in the labor
situation would be averted. probably
through federal intervention.
Most industrial shares, as Wen as
many unclassified stocks, forfeited
to 5 points in the reduced dealings
with oils as the most VulnerabIe
features Mexican Petroleum IN par
.ficular Cancelled more than haif OF itS
! extraordinary gain. In no especiaf
instance, however, was tne IeNersai
Indicative of enforced liauiaattoh.
Money rates hardened as panks
made nreparations to meet extensive
July disbursements, but firmness was
only Temporary, pressure relaxing IN
that uuarteri as fresh investment
funds sought new channels. The IN
ternational situation was almost the
ono cloud on the financial horizon.
Disturbing developments in Germany
with. the mark at a new low level
and concurrent shrinkage of other
continental exchanges, suggested an
extension of acute conditions abroad.
Evening star., 1922-07-01
COTTON MARKETS.

NEW YORK. July 1.-The cotton
market opened steady at n decline of
10 to IL points under scattered SELL
ing promoted by reports of favorable
weather in the south. uneasineSs over
the labor outlook and reports that
the break in new material was check
ing business in cotton goods. Busi-
ness was very quiet being restricted
by uncertainty as to the probable
showing of the government report on
Monday, and, after selling at 2l.40 for
October and Pills for December on
the call, prices held within arrange
of or 3 points.
Futures opened steady-July, 2l.4s;
October. 21.46: December, 21.1S; jan
uary. 2O91; March, 20.S3.
The outlook for unsettled weather
and showers in the belt over Sunday
helped steady the market during the
middle of the mo:ning and October
sold up to 21.53, or point above
yesterdays closing quotation. Except
for scattered coverings there was
very little demand, however. and
october closed at 21.4s with the
general market closing steady, net
decline of to points.
Futures closed steady. July, 2l.52;
October, 21.4S: December. 21.2S; jan
uary, 21O2; March, 20.91.
Cotton-Spot quiet; middling, 22.05.
In Siberia is comprised one-ninth of
ALL the land surface of the globe.
Evening star., 1922-07-01
UNFAVORABLE FACTORS
BOOST PRICES OF GRAIN

CHICAGO, July Railroad strike
talk, black rust news and unfavorabls
threshing returns have all had part
in bringing about higher prices foI
wheat this week. Compared with a
week ago, wheat quotations this
morning were 4 to ] Il up, corn waa
down 11z to / u al a: oats OFF, q TO
?, and provisions unchanged to Al
lower.
Wheat buying associated with the
stock buying was based on a contin-
gent prospect that receipts by rail
Will be checked, and that the bulk OF
the stock of wheat here might be
shipped out on lake vessels, leaving
shorts in an uncomfortable position.
inasmuch as large amoGnts of wheat
held in other markets had been
hedged by means of sales in Chica-
go. the July delivery here was par
ticularly in demand at times. fav-
orite operation being to purchase
July and sell September.
Adverse threshing reports came
from states as wide apart as Ohio
and Nebraska, and were followed by
sharp reduction in the generally ac-
cepted unofficial estimates of the total
winter wheat yield. On the other hand.
although presence of black rust was
confirmed in three of the four lead
ing spring crop states, the market
effect was minimized by the absence
OF any assertion that actual damage
had yet been done. Holiday prepara-
tions on the part of many traders
counted also as an offset to bullish
efforts. and led to price setbacks at
intervals.
Corn and oats parted company from
wheat and displayed a distinct tend
ency to seek a lower level of values.
Rains which fell where needed to
give relief to the growing corn crop
appeared to be the chief factor.
Downturns in the price of hogs
weakened the provision market.
Evening star., 1922-07-01
NEW PREPARATIONS
PLANS DISCLOSED
BY WILLIAM f.. NASH.
by tsple to The Star and Chicago Daily New
Copyright. 1872

-! 'a"e 10 lhe Star and chicago Daily News
Copyright 1922.
PARIS, July More details of the
important new reparations plan reveal
ed by the minister of public works, Y
LIE Trocquer, have come into the
writer's possession
The French colonies as we'll as the
mother land are to share in the acouisi-
ton of public works. Furthermore, the
electritication of French industries and
railroads are to take or great propor-
tions. The French look with distrust
being put through in Germany in re-
spect to telephones, telegrapns. rail-
ways. canals-esp.cially the Rhine
Danube iine-and hydraulic plants in
Bavaria. and are determined that if
they cannot stop these works outright
10 force the Germans to equip French
business with similar advantages in or
der to avoid cutthroat competition.
TIE preronderant role assumed by
reparations in kind under the lie Troc-
qucr plan is significant of several
things. First, it argues that the French
have finally convinced themselves of
the impossibilty of collecting cash from
Germany for at least three or four
years. In the second place, it appar-
emily seeks to avoid the fluctuations in
exchange caused By the present indem-
nifty schedule of monthly payments, but
in the third place it offers immediate
relief to the inhabitants of the devas-
tated regions who are impa tiently de-
manding building materials.
Evening star., 1922-07-01
DRY GOODS STEADY.
Activity Today Largely Restricted
to Pre-Holiday Covering.

NEW YORK, July 1 (SpeciaD.-Ac-
tivity in the cotton goods market
today was largely restricted to COW
ering operations for the long holi-
day. Prices were steady for the
standard print cloths, but the ma
jority of dealers closed their desks
at noon until Wednesday and were
unwilling to leave commitments at
loose ends over that time especially
as the raw cotton report is due Mon
day. AS result there was some
trading at second hands. Sheetings
were firm, but dull. Percales and
sateens were in some demand and
small business was transacted in
twills and lining specialties.
Raw silk prices were firmly main
tanned by holders. The Yokohama
market quotations are on new Silk,
while New York prices are based on
old season silk, but the cheap lots
of the latter are being cleaned up.
Evening star., 1922-07-01
STOCK DIVIDEND
FOR REQ MOTORS

NEW YORK, July business on
the curb exchange today was small
except in a few particular issues. The
feature was REQ Motors. which on the
announcement of a 100 per cent stock
dividend shot up to 80. q rise of nearly
three points from the Friday closing.
Toward the end the stock came down
again under profit taking.
Active buying continued in Hayes
Wheel. which more than regained the
dividend that came off the selling
price this morning. This advance
was attended by unofficial reports of
very favorable earnings.
There was more of a demand for
Chicago Nipple. which carried it up
half a point.
Radio Stronger.
Radio issues were more active and
stronger, Radio common up a faction
and Dubilier across for the first
time.
Realizing sales made themselves
felt in the Standard Oil issues. Stand
ard Oil of Indiana losing over point.
Mexican Seaboard issues were active
again, anticipating their early intro
duction to the stock exchange.
Permission has just been sought
from the listing committee to put
both the stock and the voting trust
certificates on the big board.
Evening star., 1922-07-01
GRAIN AND PROVISIONS.

BALTIMORE, July l (Special).-
potatoes, new, barrel. 3.00a4.00; No.
z, 1.50a2.0o;, old, 100 pounds. 1.50a1.75;
2.5oas:oo; No. 2, 1.2Oai.So: beans,
bushel, 2oa5o; beets. 100, i.5oa250;
cabbage, crate, 5Oa6O; carrots, 100,
5.Ooa4.O0; corn, dozen, 15a40; cucum-
9 eers, nns , basket, 75as5; >eggplants, crate.
Lettuce. basket. 25a75; onions,
1.25a2.oo; spring, onions, 100, 1.o0a
1.25; peas. bushel, 2OOa35O; peppers,
crate, 3.0oa600; rhubarb. 100. 2.00a
5.oo; spinach. bushel, 2.0oa225;
SQUASH, basket, 25a4O: tomatoes, bas-
ket, 1;o0a1.25; crate, 2.0Oa2.25.
Apples. early June. barrel. 1.00a
zoo; bushel, 25a1.0O; blackberries,
quart, 1Oa15: cantaloupes. crate, 75a
so; cherries. quart, 15a25: currants,
Pound' lSa20; gooseberries, pound,
. nas; huckleberries. quart. 2oaSo;
crate, 3.50a6.o0; plums. quart, Sa1O;
raspberries, quart, 1Sa20; water
melons. each, 20a50.
Closing Prices Mt 1 O'Clock.
Wheat-No. l red winter, spot, no
quotations; No. 2 red winter, spot,
1.3O bid: No. 2 red winter, garlicky,
new, LIS per bushel; July wheat, lis
bid; August. no bid.
I'oS iplS VI new, nearby, at
rs, so, S5, 80, 95, LOO. 1O2. 1.O3, I.04,
l:o5, l.o7 and Los per bushel. Cargo
on grade of No. red winter, gar
licky, at 1.16. Cargo on grade of No.
3 red winter. garlicky. at 1.l2. Cargo
on grade of No. red winter, gar
iicky, at LOS. Cargo on grade of No.
3 red winter. garlicky, at 103. Car
lot of No. red winter spot at 100
per hushel. Cargoes of sample grade,
winter garlicky, at 80 and 80 per
Corn-Cob corn, old yellow, quoted
800 per barrel; contract corn, spot
"a No. corn, spot, II q (; track corn,
yellow, No or better, rs.
No sales.
oats--White, No. 2. Al per bushel
No. ;. new, 46ai6IL
Rye-Nearby, 9Oa1.OO; No . western
export, spot, No. 3, no quotation.
Hay-Receipts. II tons; range is
LOU TO loo for fair to good quality
timothy and mixed hay: market firm;
supply on hand ample for trade.
Straw l tangled rye, 1900;
No. l wheat. 11.50a12.O0. No. l nom
inal, 12.00a1300.
Evening star., 1922-07-01
COTTON TRADING LIGHT:
CROP FIGURES AWAITED

NEW YORK. July 1.-The selling
movement which was under way in
the cotton market at this time last
week continued until October con-
tracts sold at 20.74 on Monday, MAX
ing a decline of 221 points from the
recent high record. Offerings then
became less active and there were
rallies of so or 80 points from the
lowest. followed by gradual falling
off in the volume of business as ac-
counts were evened up in preparation
for the government crop report and
holiday of next week. No less than
fifteen private and end-month crop re-
ports have been published. They have
shown condition figures ranging from
69.I to 15, averaging a shade above I2
per cent of normal. OF these reports
nine have carried crop indications,
which have ranged from 10,4O0,O00 up
to IL 900 bales and averaged H.
1856, 600.
At this time last year the average
of private condition figures was 69.1
and of crop indica tions S.1S7.000 bales.
The report expected from the govern
ment Monday will give the prelimi-
nary estimate of acreage under cul-
tivat tion as well as the condition
figures, and will furnish the first Off
cial crop indication of the season.
According to a canvass made today,
New York Cotton Exchange members
expect the report to show a condition
of 1872. compared with 69.6 month
ago, So last year, 70.7 in 1920 and
ten-year average of 76.9 as of June
%. Local brokers assume that the
market has been evened up on the
basis of this expectation as to condi-
tion, but more or less uncertainty
seems to be felt as to the probable
showing of the official acreage fig
ures, which will, of course, affect the
crop indication. Showers in the
south have been accompanied by more
numerous complaints regarding the
presence of boil weevil and prospec-
tive insect damage. but have not been
regarded as detrimental to the actual
growth of the plant.
Notices rcpresSutlng $4,000 bales
have been issued against July con-
tract by two or three of the leading
spot firms here. 1t is reported that
no less than twenty-seven firms are
taking up cotton and after selling at
slight discount July recovered to
about or a shade over the price of
October. Liberpool has reported
less active spot demand, but a steady
goods market at Manchester, owing
to a fair business with India.
Evening star., 1922-07-01
EIGHT QUARTS STOLEN.
JOY Party in Woods Suspected
After Residence Is Robbed.

1t is believed by the police that
a 10y party was held in a house
or in the woods north of the city
yesterday afternoon by intruders who
visited the residence of J. NJ. Tighe.
Rock Creek Ford road, between 1880
and 30 o'clock and stole eight quarts
of assorted liquors. They also stole
$500 worth of old coins, and S4a in
bills. Entrance was gained through
a second story window.
Mrs. c. S. Ryan, 2106 + street, EN-
ployed in the Munitions building,
18th and ID streets, was the victim OF
a sneak thief at her place of en-
ployment yesterday. She told the
police her pocketbook. s60.50, and
several tickets and receipts was
stolen from her desk.
Burglars visited Joe Ponolu's store
room, at 1400 3Sth street. Thursday
night, and stole a supply of canned
fish and part of a box of cigars
Theft of ten law books was re-
ported by Howard Boy, 710 l4th
street. The were taken from his Of
flee yesterday morning.
Mrs f e Duvall. Muirkirk, Md,
last night met two colored boys
near 14th and h streets and was
asked to change a bill. One of the
boys snatched $50 from her and dis
appeared.
Evening star., 1922-07-01
EXPECT BIG SPURT IN TRADE T
TO FOLLOW FREIGHT RATE CUT
Close of Half Year Finds Business Coins
at Steady Winning Pace-General
Survey.

and attractive green-trimmed uni.
forms. act as private secretaries fol
travellers who desire such services
charging a small sum for the duty
performed. They will buy your ticket
send a telegram or telephone such
messages as patrons direct. Traveller.
can also register their New York
address at the green cap headquar-
ters SO that mail or telephone calls
can be handled for them.
CLEVELAND. July / (SpeciaD.-
Increased activity in real estate is
shown here. This is evident by the
number of mortgages filed during the
first five months of this year, which
total 1900, compared with $4,000 in
the corresponding period of 1921.
Evening star., 1922-07-01
PASSES MILLION MARK.
Automotive Industries revi

Automotive Industries review or
auto industry says:
with the approach of midsummer
the automotive industry is waiting TO
determine what effect the vacation
season will have upon sale Of motor
vehicles. Virtually every year since
the industry reached anything like its
present proportions, except in 1871,
the third quarter has brought sea-
sonaI decline. Anything in the nature
of serious slump in the third quar-,
ter this year is highly improbable, but
it would not be surprising If produc-
lion and sales drop below 100000 and
approach the level Of the best months
of last year Production for l92Z al
readv has passed the 100000 mark.
The first FIVE months showed total
of S69,O0o cars and trucks. and June
will approximate at least 100000.
Evening star., 1922-07-01
WOOL MARKET QUIET.
Prices Generally Steady, No Buy
ing Activity by Mills.

BOSTON. July 1 (SpeciaD.-Pre-
holiday quiet reigned in Summer
street today. Wool prices were gen.
orally steady. Mills exhibited no
buying activity and are not expected
to do any purchasing of moment
until after the holiday. Good prices
are reported to have obtained at the
southern Wyoming sales today and
growers who will offer between two
and three million pounds at Roswell.
n. r., Monday are said to be very
firm in their demands.
Evening star., 1922-07-01
NEW LOW FOR MARK.

NEW YORK. July 1.-The German
mark sold at new low level of
.o24a, cents in the local exchange
market today. establishing a record
minimum The normal or pre-war
value of the mark was 23.S cents, the
paper currency of Germany thus being
worth today one one-hundredth OF
face value,
Evening star., 1922-07-01
GIBS0N's MOTHER DIES.
Survived by Daughter, Mrs. D. W
Knowlton, Here.

BRISTOL, R. l., July Mrs
Charles De Wolf Gibson, mother of
Charles Dana Gibson, the artist, and
Langdon Gibson, the arctic explorer,
died suddenly last night after an at
tack of acute Indigestion. She was
born in Boston eighty years ago and
was a direct descendant of Gov. Will
liam Bradford. Besides her two sons,
Mrs Gibson is survived by u daugh-
ter, Mrs. Daniel w. Knowlton of
Washington. She had made her home
in this town for the last three years.
Evening star., 1922-07-01
PICKFORD DIVORCE 0. K.
Nevada Supreme Court Refuses to
Grant Rehearing.
By the Associated Press.

ftss
CARSON CITY, New. July 1.-The
state supreme court of Nevada here de
MED a petition of Attorney General
Leonard B. Fowler for rehearing of
his action attacking the divorce granted
to Mary Pickford from owen Moore,
both motion picture stars The supreme
court recently upheld the divorce.
SAN FRANCISCO, Calif.-Refusal OF
the Nevada supreme court to grant the
petition for the rehearng of attack on
Mary Pickfords divorce, means that the
case is ended. Gavin McNab. San Fran
cisco attorney. who represented Miss
Pckford in the matter, declared.
For more than two years the case has
been in the Nevada courts. Having been
filed April 16. 1920. Not long after Miss
Pickford, who was granted the divorce,
had married Douglas Fairbanks, another
star,
Evening star., 1922-07-01
BEATEN BY WOMEN.
Assailants Aided by Bulldog,
Farmers Wife Charges.

SWAINSBORO. Ga, July Mrs. S.
S. Moore. wife of a farmer, was at
tackled by two women on the Moore
plantation, near here, according to
county officers. She is said to have
been beaten over the head with a hoe
and, according to the officers, a bull
dog that accompanied the alleged as
saIlants bit her
Evening star., 1922-07-01
BAR SILVER QUOTATIONS.

NEW YORK. July 1.-Foreign bar
silver. 719s. Mexican dollars. 54ia.
LONDON, July bar silver, Sc p d
per ounce. Money. IA per cent. Dis
count rates short bills. 21s per cent.
Three-month bills, = 3-16a2A per cent.
Evening star., 1922-07-01
Furniture.

SEATTLE, July l Especially ).-Furni-
ture buying by retailers in the Pacific
northwest is reported to have been of
greater volume in June than at any
time this year. The largest distribu-
tor in this territory declares that
sales were 25 per cent above those
for June, 1921.
Evening star., 1922-07-01
DIVIDENDS.

Stock Of Pay
Record. able.
Acme Tea Co.. 1st pf.. a., i,
$L75 Aug. II Sept. i
Acme Tea Co., ID pf., O.,
( $175 .................... Aug. II Sept. 1
Att Ref. o.. pf.. q. S1.75.Juiy IS Aug. l
Brown Shoe Co., pf:. O., s. %. Aug. Aug. Is
Cuba Co. s. a.. pf.. s. so. Jnne 30 Aug. !
Eureka Pipe Line Co.. g.. s.. July II Aug. I
Miami Copper Co.. O.. SOC: Aug. Aug. Is
Postum Cereal Co.. a., 81. July g Aug. !
Phil Gam. Ferry Co.. a., 5qs.June 80 July 10
Sharer OH & Refining Co..
pr. $l.l0.. June 30 July y
United Roy. Cog l0Oes stock June 10 July rs
United Roy. Co., mo-. 49,. June 10 July Is
Evening star., 1922-07-01
Commodity Reports
From Various Sections
Canned Goods.

DETROIT, July 1 (SpeciaD.-An-
pual pea pack is under way in many
plants in Michigan. Eight plants
throughout state will pack 100000
cases this year. Crop is in better
condition than last year, although the
presence of pea lice has been noticed.
Evening star., 1922-07-01
Hats.

ST. LOUIS, July l (SpeciaD.-Hat
dealers are beginning their annual
straw hat sales earlier than usual
this year. Some larger firms VIII
open with cuts of from 25 to so per
cent in their lines of straw hats Mon
day
Evening star., 1922-07-01
Textiles.

PHILADELPHIA, July ! Especially.
Textile mills generally throughout
this district show signs of improved
conditions One big company is tax
ing on additional hands and an up
holstery factory in this city is adding
to its plant capacity.