davidaulloa/AmericanStories huggingface dataset:
Evening star., 1922-06-03
CHICAGO LIVE STOCK MARKET.

CHICAGO. June 3.-(United States
bureau Of markets). Cattle Re
ceipts. 1000 head; compared with a
week ago, beef steers strong to IL
cents higher; better grades beef cows
and heifers steady: lower grades and
Gamers and cutters. 25a4O lower; !;
bulls. 35a50 lower; veal calves, 25a50
higher; stockers and feeders very
scarce and mostly steady; weeks ex-
treme top yearlings in load lots, 9.25:
eight head strictly prime experiment
ally fed yearlinss. $50; top heavy
steers. $40; weeks bulk prices beef
steers. S.10a8.75: stockers. 6.75a7.65:
meaty Wisconsin feeders, 8.20as. so;
butcher she stock, 5.5Oa7.25; Gamers
and cutters. 3.25a435; veal calves.
975a10.25.
Hogs-Receipts. $500 head: opened
strong to higher; on few loads
choice light; later the early advance
lost; mostly steady to 10 lower than
Fridays average on light and me-
dium weight butchers; mixed hogs
mostly steady; top, 1915; early out
10o5a10.60: packing sows. 15a25 low
er; pits steady; heavy weight, 10.25a
1045; medium. 10. 40a10.60; light, 1850
a1o.65: light light. 10.25a1O.60: pack
ing sows, smooth, 920a9. SO; packing
sows. rough. s.soa925; killing pigs,
S.25a10.30.
Sheep-Receipts. $500 head; today's
receipts practically all direct; market
nominal; compared with a week ago,
fat and feeder lambs, 75a1.00 lower;
yearlings, wethers and handy fat
ewes: s0a75 lower; heavy ewes. 1.0Oa
1.50 lower: weeks bulk prices desir-
able spring lambs. 1s.5oa15.o0; shorn
lambs, 11.50a13.00; yearlings, s.OOa
1925; wethers, 7.O0aS.O0; ewes, 3.0Oa
200; new crop feeder lambs, 1140a
Ills.
Evening star., 1922-06-03
RAIL BONDS FIRM,
AT FAIR ADVANCES
'y Special Leased Wire to The Star.

BY Special Leased Wire to The Star
NEW YORK, June 3.-The publica-
tion of Atlantic Fruit Company's plan
for the readjustment of debt and
capitalization caused a 5-point jump
in the per cent debenture bonds to-
day. They were only a couple OF
points below their high for the year.
Under the plan which has been sub
mitted to the stockholders the de-
post Of the debenture bonds before
July ! is called for, and according to
an official of the company the adop-
ton OF the plan is a necessity. A
deficit for 1921 of s1,72S.744 was re-
ported.
In the railway section of the mar
ket, the Peoria and Eastern Incomes
which had such a sharp upturn Fri
high price for 1922. The Erie Con-
vertible DIS gained over a point and
the new international and Great
Northern Adjustment Is, which were
hoated this week. were very active al
low of 531s.
The general railway list was strong,
especially in the speculative quarter,
with some irregularity among high
grade mortgages. Greater New York
traction bonds were fairly steady
the 1nterborough 5s crossing So and
shSh IA AOPpiHS lAdCtlOuduy. INDUSTRIAL
issues moved unevenly. American
Sugar IS were up about a half point,
United States Steel SIS were firm
around 102 and Distiller Securities
went up about point.
Governments Steady.
Liberty bonds were active at yester-
days closing level. United Kingdom
5hs of 1922 and 1929 reacted slightly.
Czechoslovakian IS when issued ad-
vaEced, while Mexican Is and SIS lost
ground. Following a month or more
of only moderate activity in the New
York market, in Canadian provincial
bonds. the volume Qf trading rc-
creased late this week and there was
greater demand for securities.
Manitoba SIS of 1928 were 80 bid. Of
fered at s9h; the 6s of 1880 were
1907 bid. offered at 1o1. and the IS
of 1916 were 1861 bid and 10TH
asked. Ontario IS Of 1923 were 100K
bid and 100Z asked: the IS of 1890
were 100A bid, offered at 100A. and
the Ss of 1913 were LOT bid. offered
at 5107A
Evening star., 1922-06-03
FINANCE AND TRADE NOTES.

Production and sales departments of
Studebaker shattered all previous rec
ords in May. according to statement
by its president. Approximately a.
600 motor cars were sold, 10.853 cars
were produced and $17,000.o00 was
collected. Sales in May, 1921, were
only 1888 cars.
Car loading of Illinois Central in
creased Ill per cent in May, while
the loadings of Chicago. Minneapolis
and st. Paul increased l5.4 per cent.
May copper sales. for sign and do
mestic, are estimated to have been
between 200,000.000 and 210.000.0o0
pounds.
Royal Dutch declared final divi-
dend OF 16 per cent for 1921 accord
ing to word from London, making q
total Of 81 per cent for that year
compared with 40 per cent for 1920.
r. J. Reynolds Tobacco's regular
quarterly dividends of per cent on
common and common B stocks and
IN per cent on preferred will be
payable July to stock Of record
June IS.
Terms of the merger Of Midvale
Steel, Republic Iron and Steel and In.
land Steel are being widely discussed
in financial circles. Announcement
that negotiations are pending for
acquisition OF other properties by
the new unified company probably to
be called North American Steel gave
rise to numerous rumors, affecting
other steel Independents
Evening star., 1922-06-03
ARE BEGINNING TO ADMIT
BUSINESS IS NEARING NORMAL
Consensus Of Views in Nation-wide Re
!: ports Shows Trade Leaders Reassured
and Optimistic.

Labor troubles appear to be sub
siding. Some OF the largest cotton
mills of New England tied up by
strikes for months will resume next
week. Experts usually not unduly
optimistic expect the coal strike to
be settled by July.
The settlement of wage disputes In
the shoe trade has sent between
$4,000 and 10000 men back to work
this week. Building operations are
on the increase despite labor troubles
that have involved disorders and
violence.
Seldom Had Such Season..
Lumber producers and retailers have
seldom had such season. New or
ders are far above production. prices
are advancing and the amount OF logs
coming from the woods is deemed in
sufficient to meet future demands.
Steel plants. the country over. are
approaching capacity production. and
IN some lines premiums are being
paid for rapid delivery Of certain
finished products.
Wool shows no signs Of halting in
its steady advance. Cotton is firmly
maintained above the 20-cent level.
and the recent advances in the price
of sugar have produced a flood of
orders from Gamers and preservers
who fear that they have delayed their
purchases too long,
Evening star., 1922-06-03
EARLY WEEKS ADVANCES
CHECKED BY U. s, REPORT

NEW YORK, June 3-Early week
advances were checked by realizing
or liquidation in advance Of the gov
ernment's first cotton crop report of
the season. This report, placing the
condition of the crop as of May 25 at
$50 per cent Of normal, compared
with 66 last year. 62.4, the low record
of 1920, and 74.6. the ten-year aver
age.
AS private crop reports on condition
had averaged $50. and a canvass of
New York. Cotton Exchange members
mad pointed to a condition sos. the
market appeared to have been pretty
vel prepared for the official figures.
tracts. which had sold at 20.s5 on
Monday, had eased off to 1896. and
sold at 1898 right after their pubIi-
cation: 1t seemed. however, that
there had been short selling as well
as liquidation on belief that bullish
condition figures were discounted and
there was covering or rebuying at
the decline.
Consequent rallies met scattered
southern selling later in the after
an unsettled appearance, but the tone
was firm at the close of the week
Rather more favorable crop adyices
have been reaching the trade from
the southwest during the past two or
three days. but there have been more
complaints from eastern belt sec
tions owing to continued wet weather,
and claims that boil weevil are nu-
merous are coming from practically
the entire south.
Serious damage from this insect is
apprehended later in the summer. and
there has been talk of a surface
rooted plant suffering in the event of
dry. hot weather, but June is usually
a month of crop Improvement, and
there have been reports of scattered
In
of better crop advices during the next
few weeks.
Evening star., 1922-06-03
and Live Stock
GRAIN AND PROVISIONS.

BALTIMORE. June (special):-
Potatoes. white. 100 pounds. 1.25a1.b0;
No. 81 5oa75: new potatoes, barrel.
aooas.oo: No ~ ss5asoo; ~. s sweets sas7sl sna
18oa2.4o Beans. b,ishel. 1.5oa2.oo.
Beets, hundred. 4.00a6.00. Cabbage.
crate. 1.10a1.25. Carrots. hundred.
5.00as.o0. Corn. crate. 1.Soa4.oo. CN-
plants. crate, 1.ooa2.5o. Kale. bushel.
Lettuce. basket. soa5o. Onions. 100
pounds, s.5oa5:oo: No: 2: 2.5oas;oo;
Bermuda. crate, 1.25a2.oo: spring
shel. i:soa2.5o. Peppers. crate, l;boa
Rhubarb, hundred. 4ooa5.o0 spin
ach. bushel. 50a60. Squash. basket,
75a1.5o. Tomatoes. crate. 2.0oa5.50.
No. Arpis ssseeS Sa.hs Sarrs 5asso box
apples. a.5oa4.0o. Blackberries. quart.
1sae5. cantaloupes. crate. 2.5oa4.oo.
|. Cherries. pound. 5a20. Grapefruit.
box: 5.ooa7.oo. Huckleberries: quart.
2oaso. Oranges box: s;ooaio: 90.
pies. crate. s.Ooa5.00. Raspberries.
pint, 15a1S. Strawberries, quart, 10a
%. Watermelons. each. 50a75.
CHICAGO, June .3-wheat prices
averaged slightly lower here today
during the early dealings. The local
element was extremely bearish and
the pit element has been on the
selling side since the start. Execu
tion Of stop loss orders under $1.17
for July was responsible for the sharp
break soon after the opening. Sup
port was lacking. except from, shorts,
and the market. has been showing a
heavy undertone.
After starting at unchanged figures
to y lower. with July 1.17% to 1.1S
and September III to 1.17A, the
market declined rapidly, the July
getting under 1.16. the lowest of the
week on the present downturn.
Trade in corn was almost, entirely
of local character. the market in
the main following wheat. After
opening at unchanged figures to VA
Y of July 61A to 81 H. the corn
| market underwent a slight sag all
around.
Oats started u lower. with July
3Sh. and held close to the initial
figures.
proviSiors ,yora
Evening star., 1922-06-03
TRADING IS ACTIVE
At STEADY PRICES

By Special Leased wirs to The Star.
NEW YORK, June 3.-Dealings were
large on the curb exchange today. and
the market was nrm. Profit-taking,
which IL usual on Saturdays, was en-
countered from the floor traders, but
the offerings in most instances were
we'll absorbed. Independent Oil shares
took the lead. Mexican seaboard was
in active demand. and touched a new
high record before realizing sales
caused a recession. A new top also
was made in Skelly and Marland and
Mexico was feature with a sharp ad-
vance. Mutual Oil and Fensland were
firm. The Standard Oils were less ac-
tive. and advances were confined with
in smaller limits than recently, Stand
ara OIL OF New York. Standard Oil OF
formation Petroleum and Anglo-Ameri-
can holding Arm.
Interest I'm New Stocks.
Interest in the miscellaneous group
was confined mainly to the when ISSUED
heavy supply and broke sharply. de-
spite the supporting orders which had
been put into the market. Tobacco
Products was hrmer and rose a frac-
ton. Glen Alden Coal and Goodyear
preferred were higher. The radio issues
were irregular, Dubhilier holding
steady. while radio common was heavy.
changes. Hudson and Packard were
Arm, while REQ was easier.
Bonds were in fair demand and
steady. Freeport Texas Is were again
In demand. and reached another new
high record.
Evening star., 1922-06-03
Grain, Produce
LOCAL WHOLESALE PRICES.

LOCAL "AOLESALE rNlCHSe
Eggs-Strictly fresh. selected, can
died, per dozen. Is: average receipts'
Is; southern. "a.
Live poultry-Roosters. per lb;; 10;
turkeys. per h.. 25a30; spring chickens
per lb., 50a55; keats, young. each. qua
so: fowls. %.
Dressed poultry-Fresh-kille wiz
ter chickens. per lb.. 3oa4O; hens. per
h.. 30; roosters-: per h., IS; turkeys.
per lb., 35a4o: keats. young. each. 70.
Live stock-Calves. choice, per To-
1o15; medium. 9a10; thin. Sal, LAMBS.
H.. 11a20.
Green fruit-Apples. per bbl., b.ooa
800; per bu. basket. 2.0oa2.I6: western
per bcx. 2.75aA.25. California oranges
per crate. 7.5oaS.so. Lemons. per noS' OK
500 Florida oranges. s.o0a1o.oo. straw
berries. southern. 5a15: homegrown
sa25.
,,Vegetables-Potatoes. old. Nc; soi !: j, per es
se new poiasoes saseas pes eer bbi iaof No. T. Soos
500; No. .. 2.ooa2.75. Yams. 1.5oa3 90.
Lettuce. crate. 75a1.25. Romaine LETTUCE.
1.50. Cymblings. per crate, l;oSa hoo'
Onions, per crate. 20oa2. so. CABBAGE
new. per cwt., 1.o0a1.75. Cucumbers.
1.50a2.5o Elephants. per crate. 3.o0a
$50. Tomatoes. per box, Florida, 2.ooa
500. Beans. 75a1 so per basket. Peas,
1.50a3.00. Peppers, per crate. 1.b0a3 80.
hale, qua 90. Asparagus, per OOZ, doa
800. Spinach. per bbl.. 5oa1.00
DAIRY MARKETS.
BALTIMORE. June 3 Especially
Live poultry-Spring chickens. pound
55: medium. so; small and white Leg
horns, 40a45; young winters, 40a45;
old hens. 26a27; small and white leg
horns, 25a26; old roosters, 16; ducks
20a23; poor and thin, IS; spring ducks
S2a35: pigeons. pair. 35a40.
frsts. dozen. 23a24; southern. 22a23.
Butter Creamery fancy. pound
s619a37; prints. 3saio; nearby cream
cry. S4a3s; ladies. 26a2S; rolls. pound
24a2S; store packed. "a: dairy prints
24a26; process butter. 2sa29.
CHICAGO. May s.-Butter-Hieher
receipts, 21,73l packages: creamery
extras, 35; firsts. 31a34. seconds, 26a
80: standards. 35.
Eggs-Steady; receipts. 23.121 cases;
frsts, 23a2SA: ordinary firsts. 21lsa
%; miscellaneous. 22ka22%; storage
packed extras, 25; storage packed
frsts, 24ls.
NEW YORK. June 3.-Butter-Firm
receipts. 1876 packages. Creamery
higher than extras. SO 1aa37; creamery
extras ts2 score). Sc; f1rsts (ss to 81
score), S3aS5 Y: packing stock, cur
rent make, No. .. 24a241a
Eggs-Irregular: receipts, 25,217
cases. Fresh gathered, firsts, 24ha26
Cheese-Steady: receipts, 5,2S1
boxes.
Live and dressed poultry-Quiet
prices unchanged.
Evening star., 1922-06-03
PIERCE or suRPLus CUT.

NEW YORK, June 3.-A preliminary
statement Of Pierce OiTs annual re-
port for 1921 shows a total reduction
of $5.535,65S in surplus for the year.
The loss in inventory account amount
ed to $3,946,S43, depreciation and de-
pletion-[ charges totaled $1,702, ,666,
and interest charges and reserves
called for $979,S45, making a total of
$6,629,355. Net operating profit for
the year was $1,093,696, making the
total deduction Of surplus for the
year $5,535,658.
Evening star., 1922-06-03
DRY GOODS FAIRLY ACTIVE
Little Change in Prices From Early
Week Quotations.

NEW YORK, June (SpeciaD.-
Some fair sized orders were in evil
dence in the cotton goods market to-
day at prices which showed little
change from earlier in the week. but
many traders confined their opera
tions to covering over week end.
Shcetings were in fairly good demand
at firm prices. Sateens were some
what higher and osnabergs were ac-
tive.
Raw silk was somewhat less strong
in conformity with the trend in the
orient. but this did not stimulate
buying to any large extent.
Evening star., 1922-06-03
TREASURY CERTIFICATES.
(Repor, d BY Redmond 4 co.,
ARE GROWING.

NEW YORK, June s.-American
Steel Foundries report for quarter
ended March 81 shows q surplus OF
S477,439 after charges and federal
taxes. equivalent after allowing~for
preferred dividends to 81 cents a
share (par value $33 1-3, earned on
$50, ,401 900 common stock. Surplus In
the March. 1921, quarter was $51S,2SO.
or so cents . share on common. Cur
rent earninGs are In excess OF divi-
dend requirements. while operations.
which averaged about 80 per cent in
the hrBt quarter. are about Is per
cent, and steadily increasing.
Evening star., 1922-06-03
BANANAS ARE PLENTIFUL.

BALTIMORE. June 3.-Bananas are
becoming an important figure in i'm
ports here. With more than 100000
punches already received this week.
the steamer Joseph J. Cuneo Is due
today. with cargo from Puerto
Cortez. Honduras. For next week the
Bowden. to the United Fruit Company.
from Jamaica. and the Runa from
Cuba. to the Atlantic Fruit Company.
are due Monday. The Vildfugl will
arrive Tuesday from Jamaica to the
Baltimore and Jamaica Trading Com
Danv
Evening star., 1922-06-03
FAILURES LESS FOR MAY.

NEW YORK, June 3.-Business
failures throughout the country
dropped IA per cent to 1903 in May.
as compared with the number for
April, according to Bradstreet's
statistics. The total was 33.77 per
cent less than the record, month of
January, but rs per cent greater than
in May. 1915. the hitherto record NTH
month. Total liabilities in May are
given at $4s.164.37S. or 50 per cent
less than in April and II per cent less
than in May, 1891. but nearly six
times greater than in May. 1919, and
more than double the total In May,
Evening star., 1922-06-03
WOOL. TRADING LIGHTER.
Volume at Boston Eases Oh
Prices Are Firm.

BOSTON. June 3 (Special).-volume
Of trading eased OF slightly in the
wool market here today, but prices
remained as Arm as ever with gains
fully maintained. Buyers are still ac-
tive In the west and some clips in
Wyoming have sold as high as ~
cents a pound unsecured.
Kentucky woods are bringing high
prices, sales being recorded around
a. to IS cents q pound.
Evening star., 1922-06-03
WOOL sLACKENS PACE.

BOSTON. June 3-The Commercial
Bulletins wool review says:
THE pace has slackened in the wool
markets of the country this week, al
though prices are everywhere maintain
ed on firm basis as compared with q
week ago. The country markets are
very strong; even stronger perhaps
than the eastern seaboard markets,
with the clip Of the entire country prob
ably close to three quarters sold. The
mark up worsted goods further this
week. although they say they have not
yet covered the advance in raw mate
rails"
Evening star., 1922-06-03
Bythe Associated Press.

NEW YORK. June 3.-Foreign ex-
change steady: Great Britain, de-
mand, 4.7A; cables t:4sA. sixty
demand, ,912: cables, S1zM. Italy,
demand, 6.e1; cables. s.z1M. Bel
gium, demand, S.43: cables. S.43h.
Germany. demand, .36 v cables. .SsN
Holland, demand. 3S.s0:/ cables. 1896.
Norway, demand. 1881 Sweden. de-
mand. 25.95. Denmark. demand, 21.S3
Switzerland. demand, 1919. Spain,
demand, 1880. Greece. demand, 4.22.
Poland, demand, .02h. Czechoslo-
vakia, demand, 1.95. Argentina, de-
mand, $3.50. Brazil, demand, 1881
Montreal, demand, 80 LIS.
Evening star., 1922-06-03
BY J. c. RoYLE.

Special Dispatch to The Star.
NEW YORK, June 3.-Business and
industry in the United States are back
at normal right now in the majority
Of lines. But many merchants, man
ufacturers and business men have not
realised it, because they are making
their comparisons with abnormal
years. Manufacturers who are oper-
ating at 70 to so per cent of present
capacity fail to recognize that their
output now Is far in excess of 100
per cent capacity in 1915. Moreover,
which bids fair to exceed records
even for the hectic years Of expan-
sion and huge war and postwar
profits.
The retailers of the country actual
ly are beginning to admit that busi-
them had cried. business is rotten"
so long and so hard that even after
the turn came they continued to de-
clare, We'll, that's my story, and I'm
going to stick to It" 1t Is a pretty
hard story to stick to now. however.
Some Business in Sight.
Both wholesale and retail mer-
chants are beginning to acknowledge
that when over a hundred and ten
clothing and other necessities, and
have the money to pay for them,
there Is bound to be some business
for a wide-awake merchant to do.
The ability of the public to buy
and pay-is increasing every day.
There are Jobs, and jobs at living
wage or better. for all who want Jobs.
There are not, and never have been
and never will be, enough high-priced
jobs for low-priced men. but there
are plenty of jobs. In fact. in many
lines the compensation for those jobs
Is increasing rather than diminish
ing. Every time one of those jobs is
filled 1t means a new customer for
the retailer who can buy, and pay.
Retailer Forced to Buy.
These new customers have forced
the retailer to buy. and to pay. Their
shelves are emptying faster than they
can be filled on the old hand-to-
mouth buying policy many retailers
have been following. AS a conse-
quence the retailers are coming into
the wholesale markets more freely
and with orders for future as well
as present requirements.
Some of them are finding that they
have postponed their buying too long
and that they are missing sales be-
cause they cannot now replenish de-
pleted stocks as rapidly as they
could wish.
Evening star., 1922-06-03
CARIBBEAN IS BANKRUPT.

NEW YORK, June 3-An involun-
tary petition in bankruptcy was filed
in federal court here against Caribbean
Steamship, which operates between
New York, the West Indies and South
America. The petition of three credi-
tors alleged that the liabilities were
$4,000.
Evening star., 1922-06-03
Commodity Reports
From Various Sections
OIL.

CHEYENNE. Wyo.. June 3 Especially.
rigs. pipe and tanks are
now being moved into the Ferris field
Of Carbon county by the Producers
and Refiners' Corporation in prepara-
tion for drilling six new wells in that
field. The company has just brought
in one we'll and now is completing
several more.
Evening star., 1922-06-03
BROKERS ARE 1NsoLvENT.

NEW YORK. June Am involun-
tary petition in bankruptcy was filed
in federal court here against Still
we'll, Lefler & Lowe. stock brokers
and members of the New York Con-
solidated Stock Exchange. Liabilities
are listed at 100000 and assets at
$500
Evening star., 1922-06-03
DROWNED BY ALLIGATOR.
BY I. A. FLEMING.

WILMINGTON. N. c.. June s.-Gus
drowned in Lumber rive~ when an
alligator upset the rcwboat from
which he was fishing. according to
reports received here. Af
Dynamite was used to bring thf
body to the surfacA
Evening star., 1922-06-03
BAR SILVER QUOTATIONS.

NEW YORK. June 3.-Foreign bar
silver. IN; Mexican dollars, SAN.
LONDON, June 3.-Bar silver, 33N
pence per ounce; money, per cent.
Discount rates-short bills. 2 Sis per
cent. three-month bills, 2xa2 7-16 per
cent
Evening star., 1922-06-03
NEW YoRk BANK srArEmENE

NEW YORK, June 3.-The actual
condition Of the clearing house banks
and trust companies for the week
shows that they hold S26.641,170 in
excess of legal requirements. This is
an increase of $S,017,730 from last
week.
Evening star., 1922-06-03
Rubber.

YOUNGSTOWN. Ohio. June 3 tSpe-
ciaD.-Republic Rubber has resumed
production OF tires q; Youngstown plant
Canton plant. Sales OF hose. betting
and packing are also reported on the
increase.
Evening star., 1922-06-03
ClOthlnR.

ST. LOUIS, June (SpeciaD.-The
manufacture of mems clothing Is on
a prosperous basis and additional
gains are being recorded. The de-
mand Is chiefly for medium priced
suits. Seasonal goods are selling
fast
Evening star., 1922-06-03
Notes

SEATTLE. June (SpeciaD.-Retai
merchants here are sending more
buyers to Germany to secure German.
made goods. including silks. wooden
goods, cOttons, toys and aluminium
and enameled kitchenware.
Evening star., 1922-06-03
How Buying Spells JOY.

This new buying by consumer and
retailer is spelling better business for
the producer, manufacturer and
wholesaler.
Evening star., 1922-06-03
FOREIGN EXCHANGE.

(Cuota tious furnished by W. D. Hibbs & co.,
HAllins chAcka-dollar Ynluea nt close today: