davidaulloa/AmericanStories huggingface dataset:
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1922-01-13
Interesting Locals

Peter Hedeen of Conover was in
town Wednesday.
Fred Behn was a business visitor
at Amigo Friday.
Willard Curtiss was down from
State Line yesterday
Alfred Adams of Big Twin lake
was in town yesterday.
Don't forget the Old Time dance at
the opera house tonight.
Miss Martha Miehack left Wednes-
day for visit at Wausau.
Robt. Kubinek of Phelps was in
town on business Monday
Eber Lyon returned Monday from a
two weeks visit at Berlin.
Chas R. Corner of Phelps was in
town on business Saturday.
c. G. Mccullough left Saturday for
a business trip to New York.
C. M. Christensen of Phelps was
in town on business yesterday.
N. A. colman returned Tuesday
from a business trip to Chicago.
Mrs. Margaret Colling of Conover
was a visitor in town Wednesday.
John Benson and Walter Dickman
were down from State Line Friday
Mrs. Peter Morrison returned Sat
urday from a brief visit at Rhinelan-
der.
County Clerk, Miss Mary Hong left
yesterday on business trip down
state
Mr.. and Mrs. Edw. Bradford of
Three Lakes were visitors in town
Wednesday.
Mrs. Barney Isacson went to Chic
ago Tuesday to visit her sister Mrs.
RObt. WlShnlck.
The annual January clearance sale
of M. Frankel & Son starts today
lasting for fifteen days
Miss Margaret Stein returned Sat
urday to her school in Mimi, after
visiting her parents here.
The village teachers returned Mon
day from their holiday vacations and
school opened Tuesday morning.
Fred Behn went to Brillion Wednes-
day to attend the annual stockholders
meeting of the Eagle River Lbr. Co.
Mrs. Herman Ketz returned from
Chicago where she underwent a seri-
Gus hospital operation before Christ
mas.
Henry Savarda was called to Chic
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1922-01-13

returned Saturday from trip to New
York and Hoboken and where at the
latter point, Mrs Sisson, Mrs. ]. H.
Hunter and another sister sailed Dec.
oath for Germany to visit their par
ents. They expect to be absent from
home about two months.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1922-01-13

A nine-reel super-production with star
cast unfolding story that will hold its
audience with absorbing interest until
the final scene is flashed upon the sill
YER screen. You must see it Saturday.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1922-01-13

SEE ROBERT FETT, Eagle River,
Wisconsin, before putting up your ice.
He has two sets of ice tools and will
rent them and send reliable man to
put up your ice. Get your order in
early.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1922-01-13
CLASSIFIED ADVS

Five cents per line per issue. Min
mum charge, twenty-five cents.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
BY STUART p. WEST
pseiai CORRESPONDENT Of Crest Falls Tribune

CopyrI ght, l922. by The Great Fails Tribune.
New YORK, May 13.-The proceed
ings at the Genoa economic conference
have been the chief object of interest
this week in the foreign markets and
the international exchanges, but our
own security dealings have been much
more concerned with matters at home.
The merger of the Bethlehem Steel
and Lackawanna Steel companies, COM
ing Unexpectedly, appealed strongly to
Wall Street Imagination. 1t recalled
the prediction which men of affairs
made at the outset of the year that
1922 would be a period of moderate
prices, increasing competition and rom
sequently small profit margins. and
that as a logical result of these con
ditions it would be q year indus
trial combinations designed to effect
economy and better meet trade rival
ries.
Steel Mergers Center of Interest
In some degree the situation is com
parable to that of two decades ago.
which witnessed the birth of the
United States steel corporation. That
was a time when profits were small
and when bitter competition was
threatening, much more so, however,
than at present. The steal trust was
a creature of necessity and as such
was formed in reckless disregard of
the prices paid for individual proper
ties. The immediate result was a wild
speculation and a brief era of ex-
uberance in Wall Street. The ultimate
sequel was a ruinous collapse in steel
stocks with the effects of which it
took 10 years of the most conservative
management to undo.
Danger of Big Plant Valuations
II is not to be presumed that the
present Bethlehem Steel-Lackawanna
Steel combination will involve the
grossly inflated valuations that the
steel corporation did in 1901. Still,
both this and the other pending mer-
ger of steel companies may we'll be
looked at with a remembrance of the
lessons Of the past. Experience has
taught that whatever may be the ulti-
mate benefits-and they are undoubt-
eddy great-the first tendency is for
the merger constituents to set an ex-
cessive value IN their individual plants.
In the end, these merger values may
well be justified as they were in the
case of the steel corporation. but the
investing public has to consider what
may happen in the nearer future.
Speculative Interest Revived
The suggestion accompanied by
sharply rising prices that this is a
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
New York Market
FINANCIAL

New York, May 1S.-Trading in stocks
Saturday would have been dull and
featureless but for the further specu-
latiye activity in steels at big gains Of
one to four and one-haif points with
Foremost in this movement were
Sheffield, Gulf States. Nova Scotia,
MidyaIe, Vanadium, Republic and Rep
logic. and several other issues which
owe their comparative prominence to
merger rumors.
Lackawanna Steel rose to q new
maximum for the current movement and
RethIehem steel was firm. but Crucible
eased under realizing sales and United
states Steel gained only a small frac-
ton, although heavily traded In.
Changes elsewhere were mainly up
ward and embraced some OF the better
known shippings, chemicals, 8 fer
~tilizers, coppers and equipments. sucn
as United Fruits. Cuban American Su-
gar, American Smelling, Bosch Mag
neto, Mack Trucks and General Elec-
trio. Oils were relatively backward,
aside from the demand for low price
issues, and strength among rails was
limited to a few investments, notably
Reading, Atchison n Atlantic Coast
line.
Sales amounted to $1,000 shares.
An Increase Of S29, 300, 900 in actual
loans and discounts, accompanied by a
gain of almost $50, 900, 900 in net de-
mand deposits n a subsequent ex-
pansion Of excess reserves to about
$37, 600, 900, were the noteworthy items
reported in the weekly statement OF the
clearing house banks.
Sterling exchange recovered its mod
crate reversal of the previous day, the
Paris rate also rallying with firmness
in the general continental range.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
FINANCIAL DIGEST
THE WEEK I'm BUSINESS
BY The Tribune.

time when large industrial c%onsohda-
tons are likely has revived interest IN
the speculative market which a week
ago and indeed for the first half of the
past week was decidedly on the wane.
Notwithstanding this, however. the
events of the last fortnight have car
ried their warning that the April stock
market went to extremes in discount
ing business improvement and that a
recurrence of so violent speculation
would surely be followed by a second
severe check.
Another week has passed, making
over a month without any inclination
to renew the advance in investment
bonds. The inference is thus strength
ened that the competition afforded by
the huge outpour of new securities has
checked the upward movement in the
investment market despite the persis-
tence of the lowest money rate IN five
years.
Genoa Situation Has Slight Effect
The continental exchanges have
been more or less sensitive to the un-
satisfactory course of things at Genoa.
Their decline, however, has at no time
been at all important and taken with
the fact that sterling during the week
recorded a new high for the year, the
exchange situation shows no very seri-
Gus concern over the outcome of the
conference. Certainly. there is no echo
in financial conditions of the despair
ing sentiment recently expressed by
the British premier should the Genoa
gathering end in disagreement. The
plain truth is that politics now, as
they have been right along. are a minor
influence in the movement Of the ex-
changes.
Credits and Debts Being EquaIized
Primarily this movement is regulated
by the relation of credits and debts in
the international balance sheet. Eu-
rope has cut down its purchases in the
United States while selling us a great
amount of its securities.
The April figures of the British
board of trade, while they showed an
excess Of imports larger than the pre-
ceeding months, still made the total out
much smaller than in any recent
year.
The returns for March disclosed an
almost exact equation between exports
and imports. In the meantime the for
eign dollar loans floated in this coun-
try amounted to $3.50, 000, 900 in 1921
and so far this year reaches well over
$500, 100000. 1t is in these two ways
that the exchange situation has been
turned in favor of Great Britain and
that France and possibly Italy, too,
have ceased to run further into debt in
the American market.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14

lull may be attributed to several causes.
the most important of which perhaps
is the large volume of new issues which
has come out so far this year, a vol
ume which for four months broke all
records. Bankers, however, are of the
opinion that the present lull can be
only temporary. Since money rates
will continue low and with the revival
of business, the growing surplus in
banks will gradually find it's way into
interest bearing securities. Railroad
bonds were unusually irregular in their
price movements. Some issues dis
played great strength and reached high
prices of the year, while others
tial reactions. Industrial bonds were
fairly stable and on the whole prices
were somewhat improved over the
week previous. Public utilities offered
more new bonds during the week than
any other group-over S44. OOO. 600.
The rapidity with which these were
absorbed reflects again the return of
confidence in the public utility field.
New industrial offerings totaled around
S35,0OO,0O0. while municipals totaIed
around $1S.OOO!OO0 There were no
new foreign issues brought into the
market and prices generally were
about the same as for the week preyi-
Gus. especially in those nations not be-
ing affected by the Genoa conference.
Agitation for Better Farm Finance
Agricultural credits on a system
which will correlate financing with
production and marketing processes is
n of the important matters before
congress. 1t has been given new i'm
petus by Eugene Meyer. Jr., director
of the Wa Finance corporation, who
gives convincing facts to show the ne
cesslty for broader credit extensions.
The farmers period of production ex-
tends over a year and in the case of
livestock over three years. Short-time
bank loans, therefore. are a real hard
ship. The livestock industry has never
been adequately financed. nor has its
financing been timed to the turnover.
Short-time loans for fattenine mr.
poses have been handled through
banks, but stock raising operations
which require three years for maturity
are financed through cattle loan COM
panles. nose of which have been able
to extend credit on the terms nor in
the mounts which the industry re-
quires.
The joint agricultural commission
has recommended that a system of
farm credits be devised that would
correspond with the farmers produc-
ton and a bill was prepared along
these lines. 1t provides that the fed
eral farm loan banks under the fed
eral farm loan board shall have the
power to rediscount agricultural or
livestock paper having a maturity of
not less than six months or more than
three years. Thus it will not compete
with the federal reserve system. 1t is
understood that the federal reserve
board has given its approval to this
bill.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
Chicago Market
GRAIN N PROVISIONS

Chicago, May 1s.-wheat prices broke
sharply during the last half hour Of the
session here Saturday, May leading the
decline. Selling. believed to be BY the
leading long interests started the
break. At the finish wheat was off V
to 2 cents, with May $1.43 to $1:z3h
and July $1.25 to s1.25h; corn was down
A@A. oats showed a net loss Of NOV
and provisions ranged from unchanged
to AN higher.
Trading In wheat was relatively
small. September showed more strength
than the other deliveries early. The
bulk Of the trading was Of a local char
acter and on the bulges there was fair
selling by local longs who were evening
up for the weekend. Deliveries on May
contracts aggregated 246 900 bushels.
Corn n oats held within relatively
narrow limits with trade almost en-
tireiy of q local character. The rela-
tive strength of wheat tended to prevent
the pit element from taking the selling
side freely and the market responded
quickly to any good buying or selling.
Provisions averaged higher with the
strength in hogs and a good demand
for lash meats.
The prices of futures ranged as fol-
lows:
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
livestock
AT

Chicago. May 13.-Cattle-Receipts
500; compared with week ago: beef
steers and she stock largely steady;
bulls 25 to 40c lower; veal calves 75c
to 81 higher: stockers and feeders 10 to
Csc lower; weeks top beef steers 1928;
bulk of prices beef steers S7.759s.7O;
stockers n feeders $7.25@7.25; butch
ers $5.s5Q7.75; Gamers and cutters $685.
Q4.75; bologna bulls $4.90Q5.15.
Hogs-Receipts $500; market closing
steady; light about steady with FRI
days average: top $1O.s5; bulk 10000
1918; holdover light; pigs weak to low
er; packing sows about steady.
Sheep-Receipts 1000; todsy's re-
ceipts direct to packers; compared with
week & prices mostly about 81 low-
er; week bulk prices spring lambs $14
@15.5O; shorn lambs S12.50q13.75; ewes
$500 $50; wethers $4,000; yearlings
S11411.2o; few wooded fed lambs up to
$3.50: shorn feeding lambs mostly $40
I10.05.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
$4,000 in Program
Given to Entertain
Parent h

Tacoma, WASH, May ia program
with $4,000 persons taking part was
staged in the stadium here Friday
honoring the 25th convention of the
National Congress of Mothers and Pa
rents-Teachers associations. The pro-
gram included 'The Pageant of the
aspirants of q modern city.
In the gerat arena of the stadium
were $4,000 persons at one time, while
the stadium seats provide accommoda-
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
AT KANSAS CITY

Kansas City, May 13.-Cattle-Re-
ceipts 325; few week: beef steers and
yearlings steady to 15c lower; she stock
steady to strong; me and stock
calves steady; bulls strong to Csc high
er: calves steady to SOC higher.
Hogs-Receipts 1900; active to pack
ers and shippers; better kinds strong;
others 5 to 10c higher: bulk good and
top $1O.65; mixed loads $1O.1O91o.35;
bulk sales $1O.30410.65; packing sows
S5.25; stock pigs up to $1,000.
Sheep-Receipts 1000: today's re-
ceipts mostly to packers; for week 81
gl25 lower; lambs 75cGS1 lower; most
Colorados S15.25; spring lambs around
S1.50 lower; choice natives at weeks
opening S16.10
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
Stock Market
~ seem by
Bulls q Bears

Reported by H. b. Lake 4 Co.
New York, May 13.-So-called indie
pendent steel shares were again the
features In today's market and many Of
the aforementioned issues such as Re-
public Steel. Midvale, Crucible and 9TH
ers moved forward rather sharply at
times. The atmosphere is filled with
merger talk and this quite naturally is
having a tendency to stimulate inter
est in most of the steel shares. The
strength aforementioned had a helpful
effect on the balance Of the list which
was steady throughout. Transcontinen-
tai Oil was a strong spot among the
low priced oils. The steels whose GER
tain special influences seem to be at
work may continue to move into high
er ground and this may have a senti-
mental effect on the balance Of the
market. Aside from the steel group,
however. there does not seem to be any
apparent desire at this time to pro-
mote a renewal Of aggressive bullish
operations.-Logan & Bryan.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14

charge of dynamite which threw
stones almost a quarter of a mile.
Sheriff Robert w. Woodside, with a
big force of deputies. left Pittsburgh
shortly after 9 a. m. for the mine
where, it was reported. a body of coal
strike sympathizers had collected.
The farm house of George Vessel.
almost a quarter of a mile away, was
damaged by the blast.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
Open. High. Low. c
CHICAGO CASH PRICES

Chicago. May 13-Wheat-No sales.
Corn-No. 2 mixed &c; No. 2 yellow
62hc.
Oats-No. 2 white 39% Case; No. 8
white 3sh
Rye-No. 2 $1.O9A.
Barley-6566Sc.
Timothy seed-$45O66.
Clover seed--$12M22.
Pork-Nominal; lard s11.3o; ribs
$12. 5O613.5O.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
BOSTON CURB o
METALS

New York, May 13.-Copper market
continued fair demand for domestic
consumption and export. Today's quo
tations for electrolytic range from 1875
to 13Nc. both for nearby and forward
delivery.
Iron was unchanged.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
AT OMAHA

Omaha, May 13.-Hogs-Receipts
4,0cO; market mostly 5 to 10c higher;
top 5000; bulk of sales S10.20@10.40 &c.
Cattle-Receipts 300; market Gem
pared with week ago: beef steers most
ly 10 to 15c higher; weeks top .$s.75:
veal calves 25 to 75c higher; slockers
rnd feeders 25c higher.
Sheep-Receipts $50; market ON
pared with week ago: spring lambs S150
lower; lambs. sheep, yearlings and feed
ers mostly 75c to 81 lower.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
At SOUTH ST. PAUL

South st. Paul, May 13.-Cattle-Re-
ceipts 100; market compared with week
ago: beef steers, butcher she stock.
Gamers and cutters and bologna bulls
mostly steady to strong; in-between
to Csc lower; better grades Of stockers
steady to Csc higher; common to me-
dunn grades round 25c lower; quota
tions at close: common to medium
beef steers SS.75@7.75; bulk $797.50;
ners and cutters $3.25@4; bologna bulls
$4d5; calves compared with week ago
mostly so to 75c higher: bulk best lights
closing S7.756S.
s,o BE d, 400; market strong;
1925; few pigs Sill.
Sheep-Receipts $50; market COM
pared with week ago: lambs about 80
TO 75c lower; sheep SOC to 81 or more
higher; heavy sheep off most.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
MINNEAPOLTs CASH PRICES

MINNEAPOLIS CASH PRICES
Minneapolis, May 13.-Wheat-No.
northern s1.59B @165h; May 1854
SLABS; September S1.27h.
Corn-No. 3 yellow 54@55c.
Oats-No. 8 white 36A @37Ac.
Barley-53664c.
Rye-No. 2 $1.O4s @1.O5H.
Flax-No. / $2.83@2.86.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
AT DENVER

Denver. May Notwithstanding
1920; market steady; beef steers $500
$40; cows n heifers $4.7597.50;
calves $7G10.o0; bulls $394.50; lockers
and feeders $617.5O.
Hogs-Receipts $50: market steady,
10c higher; top 5000; bulk $10910.25.
S~heep-Receipts none: market up
changed; lambs $13.50@14.50; ewes
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
Coal Mine Blown
Up in Strike Area;
Farm House Damaged

Pittsburgh, May 13.-The Peterman
mine in Penn township, near here, was
blown up early Friday by a heavy
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
E~VAPORATED FRUIT

New York, May 13.-Evaporated ap-
Piles scarce; prunes unsettled; apricots
firm; peaches steady; raisins weak,
choice to fancy seeded 1874 Ola; seed
less 15A Q20.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
AT PORTLAND

Portland, May 13.-Cattle-Recetpts
none; nominally steady.
Hogs-Receipts none; ominaily
steady.
Sheep-Receipts 212; steady.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
REALTY TRANSFERS

A. +. McCabe and wife to C. ID.
Smith, lot :, block sos, Great Falls, 81.
John %Filuppula and wife to George
Pavola. land in seceion 81, tip. %, n. r.
l e., 81.
State of Montana to Cascade county.
land in neA section 16, township 90.
range ? west 5000
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
AT SPOKANE

Spokane, May 1S.-Cattle-Receipts
none; market steady; quotations I'M
changed.
Hogs-Receipts 1877; market steady;
quotations unchanged.
S~heap-Recaipts none; market steady;
quotations unchanged.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14

New York, May 13.-Liberty bonds
ond Is $S9. 30; first Ans $99.76; second
az $685.: third Ans $99.S2: fourth AIS
SS9. 80; Victory 4ss $l00.56.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
BIG NOMINATIONS CONFIRMED

Washington, May 13.-The nominal
ton of Governor Cooper Of South Car
DINA to be a member Of the federal
farm loan board, vice Asbury s. Lever,
resigned, was confirmed by the senate
Friday night. The nomination Of
Henry O'Malley of Washington state,
to be commissioner Of fish and hatch
cries, vice Hugh NJ. Smith, resigned,
also was confirmed
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
Federal Land Bank
Bond Surplus Used
to Retire Old Issue

New York, May 13.-Over-subscrip-
ton of the recent offering Of $4,000
600 four and half per cen farm loan
bonds of the federal land bank result
ed Friday, in an announcement by the
syndicate managers that additional
bonds to the extent of $40, 900, 600 had
been purchased from the farm loan
board. These bonds will be used to
retire the ) per cent federal land bank
bonds now held by the United States
treasury. The additional bonds all
have been sold.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14

Keep tires repaired to get best re-
suits.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
BUTTER, EGGS, PRODUCE

Chicago, May 13.-Butter-Lower:
creamery extras 3314c; firsts 30G33c;
seconds 27@29c; standards 33c.
Eggs-Unchanged; receipts 32.645
cases.
Poultry-Alive lower; fowls 26c;
broilers 3SG46c: roosters lac.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14

New York, May 13.-Market for re-
fined 6 unchanged at 5000 $40 for
fine g~ranulated; demand fair.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
LIBERTY BnNDS

London, May 13.-Bar silver 35hd per
nunce.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14

Sales: Stocks 10000 sha1es; bonds
S 1856, 900. For week: Stocks 5,79S, 800
shares; bonds $s7,s s 900.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14

NEW YORK COTTON
New York, May 13.-Spot cotton
Quiet; middling $20.15.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14

New York, May 13.-Butter-Steady;
creamery firsts 35G36c.
E~ggs-Firm.
Cheese-Steady.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14

New York, May 13.-Foreign bar sill
Ter 7Ohc; Mexican dollars Sane.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
NEW WORK G.

DULUTH FLAXSEED
Duluth, May 13.-Flaxseed-S2.S so.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
The Bond Market

was not especially active. with the vol
uInc of transactions considerably lower
than that recorded during weeks i'm
mediately previous. This temporary
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14
MONEY

New York, May 13-Foreign exchange
steady.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-14

lbs.
Mixed wheat. 1oc less predominating
swain o1d grade