The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-07
Commodity News.
ERIIT.

FRUIT.
New York, Feb. R-There is a
strong and active demand here for
lemons, oranges, grapefruit and
tangerines, no matter from what
section the fruit comes. This has
been caused by light arrivals from
California
AUTOMOBILES
San Francisco, Feb. Trade
has improved in the motor car bus
mess in California in the last week
but still is somewhat low although
the liquidation of bank loans by
dealers has cleared the situation
somewhat.
Cleveland, Ohio, Feb. IA large
order for automobile axles will
keep two of the plants of the Stand
ard Parts company busy for sew
erai months.
WOOL.
Boston, Mass, Feb. THE
United States government originally
had 100, 000,0 pounds of wool to
dispose of. 1t now has only 4,000,-
I 600 pounds left and this will be
cleaned up at the next government
sale here March 2. The wool mar
ket here holds very strong with
offerings scarce.
LUMBER
London, Feb. There has been
little improvement in the lumber
demand in this market, although
lath is fairly active. Norway yell
low pine has been bought in small
lots.
SHIRTS.
New York, Feb. 7.-OficiaIs of
the National Shirt Shops, operating
a chain of retail stores, announced
today that several stores which had
not shown earning power enough to
warrant continuance, would be
closed. Two stores have been
closed in New York, one in SYRIA
ycuse, one in Seattle and one in Bos-
ton. A store in Louisville and one
in Rochester will be closed shortly.
STEEL.
New York, Feb. bids for
building the New York-New Jersey
vehicular tunnel were opened today.
About los, 900 tons of cast iron seq
ments will be required. Furnaces
as far south as Alabama are com
l..
Birmingham, Ala, Feb. THE
blast furnace of the Gulf States
Steel company resumed operations
today. Steel products generally are
in greater demand but pig iron is
now quoted at SIG a ton and this
price, it is reported, is being shaded.
Pittsburgh, Pa, Feb. z. - The
Homestead works of the Carnegie
Steel company are operating on a
slow schedule. Plate mills are
showing a fair production, while
structural mill output is small.
EGGS.
Seattle. Feb. 7.-An over-produc-
ton of eggs is indicated by various
associations of poultry men and
shipments to the east have been
stopped becaue of fluctuating mar
ket conditions. Storage eggs for
Alaska and middle western points is
expected to care for excess produc-
ton.
RICE.
New York, Feb. -Curtailmen
of rice shipments from the Orient
has strengthened the position of the
rice market here. There is a fair
of trading with Cuba re-
ported.
DRYGOODS.
St Louis, Feb. z. - Merchants
purchasing stocks in this market at
present are taking every possible
detail into consideration. They are
figuring not only on present and
future wholesale prices but on
present and prospective freight
rates. The buying, however, is of
good volume.
COTTON.
Boston, Feb. None of the New
Bedford, Fall River or Lawrence
cotton mills has taken any action
IN regard to the reducing the wages
Of operatives along the lines fol-
lowed in Maine, New Hampshire.
and Rhode Island. Mill
owners are waiting to see what ac-
ion the operatives will take as to
reductions in northern /
New England.
New York, Feb. THE tank
wagon price of gasoline was re-
iuced 2 cents gallon in New York
md New England today by several
companies. Word comes
rom Chicago that the Standard
Dill company has raised the gaso-
inc price / cent gallon in Mis-
souri,, Kansas and Oklahoma to
Iualixe the uFica thera.