davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union., 1922-06-24
SHARP BREAK
IN wheat AS
MARKET OPENS
(By Consolidated Pres. }


Chicago, June 24-Wheat broke
sharply at the start but the mark
ct received good support and the
/ low points established during the
{ f1rst few minutes were not sur
passed until just before the close
1here was a rush to sell at the
start based on the wet weather in
the northwest and scattered over
the great part OF the country. Cool
er weather was also reported in
the northwest. There was hedg-
ing pressure on the market later
against purchases of new wheat in
the country. Locals were inclined
TO buy on the dips because of the
commission buying on all declines
but the bulges brought out selling
orders. Cash wheat premiums
were off lc and the milling and
export demand for wheat was quiet.
Sales of $4,000 bushels of wheat
were made to go to store. Weekly
forecast for continued warm wealth
er next week caused a late rally
but resting spots were 4 to sc
lower. July 1.13& to Il; Sept,
1.14A to "a; Dec. lis to 1.17H.
! Corn followed the trend of wheat
Rains in many sections were need
ed improved the crop outlook and
this caused general selling. Local
bulls were giving the market sup
port and early sellers took profits
Good sived sales for shipment wers
made on the break Country sold
corn freely to arrive. There was
an improved export trade. Market
closed II to q C lower; July 631sc;
Sept, 66A A0Bc; Dec, 66S4.
Oats were lower with other
grains but good commission house
buying caused a rally later. Crop
reports continue bad and advices
from abroad indicate the crop of
United Kingdom was light in
weight. Shipping demand shows
little Improvement. Market closed
1sc to &c higher; July, 377sc;
Sept. 4G1s Q40Ac Dec, 42%c@
421ac.
Provisions were lower in sym
pathy with grain. Liquidation OF
july product was a factor Lard
closed 10c to 1215c lower and ribs,
221as to 271ac lower.
The Rock Island Argus and daily union., 1922-06-24
CATTLE, SHEEP
ARE UNCHANGED;
HOGS UP 1OCTS.
(By Consolidated Press.)


L. s Yard. Chicago, June "a
The feature of the live stock trade
during the present week was the
widening in prices between choice
and plain steers. In the hog pens
the situation was the same. Best
light hogs closed about 81 above
the plan packing grades. Prices
were higher in the sheep house.
Sellers look for a small supply Of
aged muttons and higher prices for
next week. Receipts today were
estimated at 500 cattlei 5000 hogs;
5000 sheep and 20 calves.
Cattle.
No choice cattle were in the pens
today. but the few plain lots were
picked up at unchanged price ley-
els. Present precies for choice
steers show a gain Of 15625 cents
over the close of last week. with
prime animals quoted at $40 Other
kinds of sters, however, sold slow
Iy. Best COWS also were strong for
the week, with palmer sorts down
10625 cents. Calves dropped most
1y 81 for the period. Nearly all
calves dressed grassy AID thts
hurt the trade.
Hogs
Values were strong to Il dime
higher for the best hogs at the
start, but the market weakened
later, and the close was close ID
yesterdays general trade Top
light hogs sold at S10.75@10.S0
against s11.0O at the high point OF
the week, while some of the rough
packing grades went over at SS-13
6$9.00. Pigs were steady. Good
lots sold at S10.25610.35. Sellers
wer able to move the stuff we'll, and
few hogs were unsold at the close.
Sheep,
No good lambs were on sale
Some small lots of plain animals
were picked up at unchanged val
ues. Compared with week ago,
best lambs closed about so cents
higher. Top lots were quoted st
$1,000 with best natives at S12.85.
Yearlfngs were up 25 cents for the
period, while best ewes were
steady. Medium ewes showed a
gain of % cents compared with
week ago.
The Rock Island Argus and daily union., 1922-06-24
Street Features
NEW YORK CENTRAL.
EY 8TUAET p. WEST
fccpyr1xht. 1927

New York Central was the leader
OF the entire market today. II sold
more than two points above what
had been its previous high for
1922 until yesterday. New York
Central's present earnings are run
ming at the rate of about So a share
but the big point is the equity
IN its subsidiaries, especially Michi-
gan Central and Pittsburgh and
Lake Erie. The Michigan Central
particularly could afford to in
crease it's dividend distribution
substantially and the increase
would all go into the New York
Centraps treasury. Under the cir
cumstances New York Central
could easily raise it -sown rate.
RAILS GENERALLY STRONG.
The New York Central move
quickened the entire railway share
market. Baltimore and Ohio
which could at any time resume
dividends, got across so again on
large trading. Chicago and North
western, which often go with New
York Central, was unusually active
at rising prices. Southern Pacific
sold above 80 and Union Pacific,
Canadian Pacific and Reading were
all strong. Interest was revived in
the story that new rail merger is
IN prospect which will take in the
Buffalo, Rochester and Pittsburgh,
the Western Maryland. the Wheel
ing and Lake Erie, and the Clover
Leaf. The story had some influ-
ence upon the stocks concerned.
The Rock Island Argus and daily union., 1922-06-24
WEEKLY GRAIN AND
PROVISION REVIEW

Chicago, June Excessive heat
and deficient moisture with danger
of premature ripening and shrunk-
en- yield have had much to do this
week with making wheat go higher
in price. A rise of PA to 33s cents
for wheat as compared with a week
ago, was shown this morning At
the same time, corn was up 1!5s to
"a cents, and oats Is to 11a to
31s cents.
visions varied from II cents de-
cline to 10 cents gain.
Misgiving as to the quality and
amount of the winter wheat crop
increased from day to day as tenn
perature went soaring and COM
plants became more widespread as
to lack of rain. Nebraska and
South Dakota conditions were in
particular a source of app-ehen-
sion. Gossip that threshing re-
turns would prove disappointing
attract much notice, and so too,
did talk that as a result OF farm or
ganization control the usual har-
vest pressure to sell might be much
diminished this season
Discoveries of black rust in Min
nesota and elsewhere in the spring
crop belt contributed somewhat to
strengthening values. AS a rule,
however, traders were apparently
disposed to await rust develop
ments a week hence before becCm-
ing fiurried on that score. Buy
ing force in the market Slackened
as the week drew TO close, aud
taking sales on the part Of
holders grew in volume.
Active demand for corn and
oats came into play based largely
on likelihood that if dry weather
continued the corn crop would suf-
fer. Curtailment of the oats crop
was in many quarters taken to be
already beyond doubt.
The Rock Island Argus and daily union., 1922-06-24
Bond Market
BY STUART p. WEST
tCopyright. 1927

New York, June "a. - Accom-
panying the increased activity in
railway stocks on the stock ex-
change there was a more lively de-
mand for railway bonds today.
Nevertheless these bonds did not
gain the way stocks did. New York
Central issues were among the
leaders, especially the debenture
6s, which, being exchangeable for
New York Central stock, were nat
uraIIy affected by the movement OF
the latter toward par
Still even those debentures were
not up to their high for the year,
reached two months ago, and as
compared with these highs the New
York Central Is were down nearly
two points and the fves one point
and a half Baltimore and Ohio
bonds, like the New York Centrais,
were not as much affected by the
strength in the corr respondlnS
stocks as might have been looked
for The convertible 41as jumped
under SO compared with high OF
s. on April II and the per cents
at 100 were still a point away from
their top.
In the foreign group French
Republic 71as and SIS held up well
in face of the weakness in French
francs. On the other hand the
United Kingdom 51as of 1922 and
1929 both convertible into sterling
could not withstand the pressure.
against British exchange today and
they broke below 10z for the first
time this season, compared with
their top for the year OF 110. There
was further selling Of the con-
solidated Gas convertible Is. In
dustrial bonds generally, were ir-
regular.
There was no Improvement this
week in the New York market for
Canadian provincials. The gener-
al trend was irregular with less de-
mand for issues. Manitoba 5s Of
1928 were 9SA, bid, offered at
9915; the IS of 1920 were 101 bid,
offered at 101 q and the 6s Of 1916
were 1864 bid. offered at 1867.
Ontario 6s of 1928 were 100A bid,
offered at 1005s. The 6s of 1880
were % bid, offered at 102; and
the 6s. OF 1928 were 1861 bid, Of
fered at 107.
The Rock Island Argus and daily union., 1922-06-24
Weather Forecast

Illinois: Generally fair tonight
and Sunday, except somewhat un-
settled in south portion; cooler to-
night and in east and south portion
Sunday.
Iowa: Generally fair tonight AMI
Sunday; cooler tonight and in ex
treme east portion Sunday.
Wisconsin: Fair tonight and Sun
day: cooler tonight and in east and
south portions Sunday.
Indiana: Generally fair tonight
and Sunday; cooler tonight anG
Sunday, and in west and north por,
tions tonight y
The Rock Island Argus and daily union., 1922-06-24
DryGoods Market
BIZ STUART p. ~ EST
(CoPyright. lv7z.b

New York, June 24-The dry
goods market wound up an active
week today with prices exceeding
ly strong and while the amount of
trading was not excessive il today's
session, many constructions were
in good demand. Sales here and
in the Fall River market ran high
er than production this week, ac-
cording to reliable estimates and
standard print cloths were firm
with the market considered SIS C
for 64x60's and a cent higher for
68X72's. Brown sheetings and all
the heavier sheetings were very
strong with mills declining some
bids for export shipments. Drills
and sateens were active and paja-
ma checks fairly strong.
Absorption Of many of the cheap
lots of silk which have been on the
market here strengthened both
prices and activity today and the
Oriental markets supported this
tendency.
WOOL.
Boston. June 24.-Trading in the
raw wool market today reflected
the tendency of manufacturers to
hold off for the time being. Prices
were soft except for the higher
grade wools and carpet wools
which continued in excellent de-
mand with prices firm. Merinos
were strong in London but the ten
dency in the west was toward
slightly lower prices. This caused
withdrawal of some far western
wools from sales.
The Rock Island Argus and daily union., 1922-06-24
Liue Stock
Chicago Livestock,

Chicago, June 24.-Cattle re-
ceipts. 500. Compared with a week
ago: strictly good to prime corn
fed steers, 15c to 25c higher; other
grades grassers and all except
strictly choice yearlings 15e to 25c
lower; extreme top beef steers,
1000; best long yearlings, 9.75; in
between grades butcher cows and
heifers. weak to 15c lower; others
and Gamers and cutters largely
steady; bulls. at 35c to soc lower;
veal calves, &C TO LOO lower: stock
ers and feeders. 25c to soc off: low
er grades declining most; weak 5
bulk beef prices. S.25@925; stock
ers. 5000 1875; butcher she-stock,
.4.S50725; Gamers and cutters.
i3.00@400; veal calves. S.O0@S.50
Hog receipts. 5000; market
steady to strong with Fridays av-
erage; top, 1880; bulk, 9.S04 1915;
pigs, strong to 25c higher; mostly
9-75@1050; holdoveF Hght-heavy-
weight, 1850 1860; medium 10 so
@10.75; light, 10.70@1O.S0; light
lights. 1040Q10.75; packing sows,
smooth, 9.20@97O; packing sows,
rough. S.50@9.25; killing pigs, $50
@10.50.
Sheep receipts, 5000; practically
all direct; compared with week
ago: killing classes, mostly 25c to
soc higher; lambs and heavy sheep,
gaining most; weeks top western
lambs, 1925; natives, 1900: week s
bulk prices best lambs, 12,00Q13.00;
yearlings, 9.50@1115; wethers, 500
@7.50; ewes, 3.00@6-5O top feeder
lambs, 1900; top westerns Xearling
breeding ewes, lilo.
The Rock Island Argus and daily union., 1922-06-24
Kansas City Livestock.

Kansas City. Mo. June 24.-COt-
tie receipts. 800. For the week:
Better grades beef steers weak to
% cents lower; she-stock and year
lings % to 70 cents lower; Gamers
mad cutters, so cents lower; bulls.
steady; stockers and feeders, 25 to
IS cents lower; stock cows AMI
heifers and stock calves, 2S to 50
cents lower.
Hog receipts. 1900; fairly active
to packers; steady to 10 cents low
er: bulk choice IT'S to 230 pound
weights, 1025010.35; top. 1875;
bulk of sales. 10.OO010.35; throw
out sows. S.5008.75.
Sheep: No receipts, For week.
sheep generally 25 cents higher;
lambs so to rs cents higher; top
natives, 1861
The Rock Island Argus and daily union., 1922-06-24
FINANCIAL NOTES

S Car loadings for the week indi-
Gated bitumiRous coal production
for the week to be about 100000
tons with consumption 100000
tons and reseryes|reduced to 3d.
600. 900 tons.
Reports of the Market Street rail-
way for the first five months of the
year indicated the company earned
$40 a share on the prior preferred
stock before federal taxes or at the
annual rate of about $40 a share.
1t was said that the estate of
William Rockefeller, who died to-
day, was so arranged that no Sc
curities need be iquidated in its
settlement.
His death did not therefore have
such an apparent influence on the
market
The London Electric railway will
issue 100000 pounds in Az per
cent bonds and the city and South
London railway will put out a L.
100000 pound issue bearing the
same rate Each will be sold at "a.
The Rock Island Argus and daily union., 1922-06-24
GERMAN MARKS
SLIP TOLOWEST
RECORD AGAIN
.Br STUART r. WEST.

wall Street, New York, June "a
rrtreme weakness again in the fon.
rse.rn exchanges, continued reaction
N cotton and conspicuous strength
IN the railway shares on the stock
sxehange were the leading Incl
dents in the financial situation to-
day. 1t was probable the assassina-
ton OF the German foreign secre-
tary had some sentimental effect
.upon the exchange movement But
Undoubtedly it merely accelerated
decline which would have come
about In any event. German marks
at .2SA compared with the previous
z low for all time at the close of
March. French francs at $40 cents
were down nearly a cent from the
high at the outset OF April and
within a half cent of the low of
January. In other words, the franc
1 has now lost two-thirds of the en-
tire gain of 1922. Sterling joining
with the weakness elsewhere,
droDed down to the low point of
'ssfhe first reaction at the beginning
Z OF the week and off Is cents in the
pound for the seasons high.
Although the strength in ex-
change rates was an obvious warn
ing regarding Germany's precarious
position now that an allied loan is
Indefinitely postponed, it had no
noticeable effect upon the security
market Of the day. Industrial stocks
were irregular with only A few
Changes of consequence. Interest
shifted largely to the railway group
IN which further striking advance
in New York Central was the fea-
ture. New York Central for some
time past has plainly been getting
ready for a larger distribution to
Share holders. This did not occur
at the June meeting doubtless be-
cause of the railway labor uncer-
tainty. 1t may be deferred to the
December meeting in keeping with
practice which gave rise to the well
remembered phrase of the old time
Vanderbilt Christmas present"
The prominence and strength of
the railway list was sufficient evil
dence of how the investment com
.munity regards the threat of a
sfnation- wide railway strike. Evi-
'bently the market put more depend
e1fce on the expression of the rail-
way executives than in the scare
talk Of union chiefs.
! Realizing sales incident to the
close of the week made themselves
felt in the last quarter hour. Prices
came down generally from the high
of fhe morning. Final changes
among the industrials were small as
"a rule There were as many losses
as gains but in neither direction
was the net movement of the day
of much consequence. The railway
list left of uniformly higher and
steady,
The Rock Island Argus and daily union., 1922-06-24
Chicago Potatoes

: Chicago, June 24-Potatoes,
steady; receipts, 81 cars; total
United States shipments, 900 cars
southern, sacked, Bliss Triumphs,
No. l, 2.75@3.00 per hundredweight;
Louisiana, sacked, Bliss Triumpas.
field run, 10000 per hundred
weight: Alabama, sacked, Spauld-
ing Rose, 2.2N02.30 per hundred
weight; North Carolina, Norfolk
section, stave barrels. Irish Cob
bIers, 4250465.
The Rock Island Argus and daily union., 1922-06-24
Peoria livestock.

Peoria, Ill. June 24-Hogs; re-
ceipts 500; steady to sc higher; top,
1855; lights. 1G25@10.65; med
iums, 1O15610.6O; heavies, 10000
1850: packers, S.75n9,40.
Cattle: receipts 100; butcher cat
tie, 25c to soc lower than Thurs
days best prices; calves soc lower
than yesterdays early and best
prices. Top on calves. $50.
The Rock Island Argus and daily union., 1922-06-24
BUTTER MARKET
WEEKLY REVIEW

Chicago, June 24.-Butter mar
kets remained steady during the
past week, especially on fancy
goods. Current trade requirements
and demands for storing continued
to absorb Increased receipts so that
no surpluses of Importance oc-
Cured. Closing prices were: 80
score butter, New York, 37A; Chi
cago, Sc; Boston and Philadelphia,
3S cents.
The Rock Island Argus and daily union., 1922-06-24
Foreign Gxchan Ce.

New York, June 24.-Foreign ex-
change, weak
Great Britain, demand 4.3S; ca
bles 4.3SA.
France: demand S.4O1h.
Italy: demand 4621k.
Belgium: demand 1879.
Germany: demand .2S.
Holland: demand 3S.15.
Norway: demand 1925.
Sweden: demand 25.45.
Denmark: demand PLY.
Switzerland: demand 1888.
Spain: demand 1915.
Greece: demand 3.35
Poland: demand .0214.
Czechoslovakia: demand 10.
Argentine: demand 1915.
Brazil: demand 1875.
Montreal, so 1-16.
The Rock Island Argus and daily union., 1922-06-24
Liberty Bonds
Chicago Produce.

Chicago, June 23.-Butter: high
er; creamery extras, Sc; firsts, BIZ
@344h; seconds, 29Q301a; stand
ards, 36A.
- Eggs: higher; receipts, 1856
cases; firsts, 211a@21A; ordinary
firsts, 20@2012; miscellaneous, 2O1a
020; storage packed extras, %;
storage packed lirsts, 2212 @22A.
The Rock Island Argus and daily union., 1922-06-24
Peoria Cash Grain.

Peoria, H., June 24.-Corn: re-
ceiptS 20 cars; 1c lower; No. 3
white, so; No. yellow, so; No 5
yellow, SO; No. mixed, 6Ok; No.
mixed, 5912.
Oats: receipts 13 cars: un-
changed; No. 2 white, 38; No. 8
white, 3639 @37.
The Rock Island Argus and daily union., 1922-06-24
Chicago Produce.

Chicago. June 24-Butter, high
er: creamery extras, 81: f1rsts, 20
D36; seconds, 30@31; standards
37A
Eggs, unchanged; receipts, 25,-
215 cases.
The Rock Island Argus and daily union., 1922-06-24
Toledo Seed.

Toledo, o.. June 24.-Clover
seed: prime, cash, 1900; October,
11:021z; December. 11.40.
Timothy: prime. cash, 2S5; Sep
tember, $50; October, sos.
The Rock Island Argus and daily union., 1922-06-24

Who is not a Spiritualist. but has
made careful study of its phe-
nomena in America, Europe and
Africa, will drag the secrets of The
Ouija Board as well as other mani
festations into the limelight Sunday
night at s o'clock, at the big tent,
corner Fourth avenue and Four
teenth street. The public is invited.
ADVERTISEMENT
The Rock Island Argus and daily union., 1922-06-24

Chicago Cash Gram
Chicago, June "a.
WHEAT.
No. 2 red, 1,13.
No. 8 red, 1.13k.
No. 2 hard, LA.
CORN.
No. 2 mixed, 62A Q63.
No. 3 mixed, 81.
No. 2 yellow, 63A G63k.
No. 3 yellow, Gig Q621z.
No. yellow, 61A.
No. 2 white, 6314.
No. 3 white, 62.
OATS.
No. 2 white, 3S& @42.
No. 3 white, 363z @39.
No. 4 white, 35A @361e.
OTHER GRAINS.
Rye: none.
Barley: .540.62.
Timothy seed: 1000 800.
Glover seed: 10.0O@18.00.
Pork: nominal.
Lard: 11.30.
Ribs: 12.00@13.25.
The Rock Island Argus and daily union., 1922-06-24
Silver.

New York. June 24.-Foreign
bar silver, .701s; Mexican dollars,
.53a4.
The Washington times., 1922-10-16
Celebrated
STEADFAST
Hgh and Lou Shoes

5000 pairs of the cele-
brated Steadfast shoes,
style, quality and workman
ship of the best. You can
get 'em all in these famous
shoes. Every wanted leath-
er-Imp. Scotch Grain, Imp.
Black Kangaroo, Tan and
Black Viking Calfskin,
Black and Tan Norwegian
Calfskin, Black and Tan
Kidskin. Made over the
newest lasts, Brogues,
Square Toe, Semi-Brogues,
and English. Also the con-
servative styles such as
straight, round and broad
toe last. 54th S7.85
Anniversary IT,
The Washington times., 1922-10-16
Strong & Garfield
Shoes for Men
Oxfords and High Shoes

Every pair of these good shoes are in
cluded in this sale We have them in black
and brown Surpass kidskin and patent kid
skin. Conservative styles only. Our own
$1,000 value, 54th Anniversary 81 90
Price, Avenue store only. .......
The Washington times., 1922-10-16

Eerhythmic tramp, tramp of countless troops
Ulysses S. Grant, the first unpretentious Ber-
Washington. Twas a modest enterprise
|ectations of it's owners But, back of it, of
give the people of Washington distinctive
bund the House of Berberich, for, from its
|lsiness struggled through the period of re-
kstrife. AS we glance along the dimming cor
The kaleidoscope change of fashion. The
clumsy now, yet it served it's purpose and
here has been a revolution and evolution in
cades, and at times, as conscientious deal
Eeen the ultra modish and the sensible
10 our thinking is tainted with snobbery, to
hising methods which to our thinking can
e happy medium 'honest value, dollar for
indful of the obligations placed upon us by
we owe you of Washington who, in this and
nd made possible the magnitude of this
rsary as bordering on sensational. We have
hg to be remembered worthy of your
R. BERBERICH SONS.
ost Progressive Shoe Hou.
The Washington times., 1922-10-16

SHOES
For Men

$500 pairs eight diff
ferent styles, genuine
Calfskin High Shoes
and Oxfords. These are
Craddock's top-g r a d e
shoes. Made in mahog-
any and brown calfskin
over two of the newest
lasts. The new square
toe and the new Eng
lish. The tips are per-
forated or plain. Some
with wing tips. Every
pair marked $500. 54th
Anniversary $E .S5
Sale Price: y
The Washington times., 1922-10-16
-s6' 200:
Extra Steadfast Special
HIGH SHOES

45Opairs of these high-grade tan calfskin
shoes, made of medium shade of upper
leather over a narrow toe English last
wing or straight tips. Almost
every size Our own $1,000 value, 5000
54th Anniversary Price, . . =. ..... ~
The Washington times., 1922-10-16

The shoes known from coast to coast for their sna
We offering you here your unrestricted choice of ar
ow in big stock Brogues full of pep with soft or
and saddles in imported Scotch grain Viking and Norv
lighter weights and conservative styles in both cal
$500 and $1,000 Values 54th Anniversary Price.
The Washington times., 1922-10-16
Celebrated
EDWIN CLAPP
Shoes for Men
and Women

For so years leading
makers of fine foot
wear. High and low cut
models in Australian
K a n roo, Havana
Brown Kidskin, Cordo-
van, and Russia Calf
skin. 54th Anniversary
Price,