davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1922-10-01
FIN A N CIAL
MONTH'SREVIEW
Improvement In Labor
Situation Is Main
Feature.

The chief development Of the past
month has been the Improvement IN
the labor situation, according to the
summary Of general business and
financial conditions throughout the
several Federal Reserve districts.
during the month of September, as
contained In the Forthcoming issue
Of the Federal Reserve Bulletin.
The amount of voluntary unen-
ployment has been greatly reduced
and wages have shown a distinct
upward tendency. Mining output IN
creased about 3 per cent during Au-
gust and has shown a tremendous
expansion during September, duo to
the reopening of most of the bitum-
inous and anthracite coal mines.
Manufacturing is also being main
tanned at relatively high levels, In
creased production being reported
IN most important industries. The
crop prospects are somewhat less
encouraging than a month ago, as
there has been a rather general de-
terioration of the growing crops.
Both wholesale and retail trade
showed marked expansion during
August. Financial conditions con-
tinue to be very sound. while do
mestic money rates show a slight
upward tendency. The general level
of prices has remained constant dur
ing the past month: the August In
dex number of the Federal Reserve
Board being the same as that for
July.
Wholesale Trade.
Wholesale trade improved sub
stantially during August in all re-
porting lines. Every district re-
ported increases in dry goods sales,
which averaged so per cent higher
than in July. Sales Of furniture eld
shoes were also much larger. Com
PARSONS with a year ago indicate
improvement for all lines except
groceries and shoes. Retail trade
Improved considerably during Au-
gust, and the volume of business
was larger in most sections than in
August. 1921.
Banking Position.
The banks are in a strong position
and are meeting the seasonal de-
mand for credit with ease. This sea-
sonal demand has led to increases in
both call and time money rates At
New York. Federal Reserve banks
have somewhat increased their bill
holdings. European exchange rates
have generally declined during Sep
tember, and there has also been a
slight decline in Asiatic exchanges
The value of exports was practically
the same in August as in July. but
there was a moderate increase in
the values Of exports.
The Washington herald., 1922-10-01
FURNISHED BY Washington LoaN an
Trust Co.)
WASHINGTON PRODUCE
Eggs-Strictly fresh, 4Oc.

Eggs-Strictly fresh, 40c.
Live Poultry - Spring chickens.
csc; Leghorns. 24a25c: hens, 25c;
roosters. lac.
Dressed Poultry-Hens. lbs. and
up. 30a31c: springers, III to lbs,
33c; roosters. 16a17c; spring chick
ems, 213lbs. and up, 3Oc.
Livestock-Calves. choice, 12c; un-
dergrades,,4a lambs. top spring,
13c; undergrsdes. 6asc; sheep, top,
4a5c
Hides-Salted, 1oc: bull. green. Sc;
bull salted. Sc; calfskins. per lb., l2
a13c; horsehides, each, s1a1.50.
Beeswax-22c.
Tallow-4c.
Walnut KernelsDry and clean. 4oc.
Buttet-32c.
Market easy. Strictly fresh eggs
In liberal demand. Fancy chickens
in good demand. small broilers SELL
ing low. Hens in liberal demand.
The Washington herald., 1922-10-01
DAILY MARKET REPORT ON
FRUITS AND VEGETABLES.

Compiled by the Market News Serv-
ice Bureau Of Agricultural Econom-
ics.) Sales from Wholesalers direct
to Retailers except where otherwise
noted.
Sales to s a. m.
Apples: Bushel baskets-Virginia
various varieties, best, s1a1.5O. Bar
The Washington herald., 1922-10-01
PITTSBURGH LIVESTOCK.

PITTSBURGH. Sept 5o.-Hozs-
Heavies. slo5Oalo.s5; heavy Yorksrs.
sIO.75alo.s5; light Workers and piss
SIO.5OalO.65.
Sheep and Lambs-Sheep. S7.5O:
lambs. SASS.
Calves-Top. 1880.
The Washington herald., 1922-10-01

yesterday 346 900 week
o7s OoOa a From Janu-
IS sy to date O85OO 9ss and
w
The Washington herald., 1922-10-01
FIN A N CIAL
STOCKS UNEVEN
Level Retained, But In
dustrials Are Heavily
Sold. -:

NEW YORK. Sept. so.-ouota-
sented an appearance of extreme
irregularity this morning. While
most OF the rails and many Indus
trials remained at about the levels
established by yesterdays late
rally. there was heavy selling Of
some Of the industrials which are
generally regarded as speculative
favorites. Shares Of the independ-E
ent steel companies were also un-
der heavy pressure. with special
weakness in response which broke
well under yesterday mornings
low quotations. The selling was
generally attributed to European
dispatches indicating a more criti-
cal state Of affairs than had ap-
peared TO be the case earlier in the
week, but IL was quite apparent
that bear operators were making
the most OF the situation.
Review of Markets
Although the FIRST effect OF the
Turkish war scare had worn OF.
the markets continued 20 display
under the influence Of a series OF
apprehensions. Falling prices and
susceptible markets Of themselves
have been one Of the chief sources
OF unsettlement. a fact Of which
spectators for the decline were
well aware. After a few sharp at
tacks have shaken confidence and
dried up buying. a stage Is reached
which panicky liquidation by tim!d
longs throws a certain volume Of
offerings. not necessarily large. on
the market and "at the market"
The ensuing drop offer shorts"
their opportunity either to repur-
chase their earlier offerings or 70
test the market further. Such
stage apparently was reached dur
ing the past week 1t should soon
be apparent whether the present
reaction is merely a natural sea-
sonal and technical affair and has
about run its course or whether u
anticipates a fundamental change in
the economic outlook.
Possibility Of War.
Chief among the outside cause,
OF apprehension obviously Is ths
possibility Of a war in the Near
East. II is possible to argue that
the war would mean higher grain
prices, imitation in Great Britain.
and stimulated British buying. vita
/ a temporary Increase in our own
/ trade. On the other hand. Il Is i'm
possible to blink the economic loss
[ involved IN war. while the quick
/ tightening in money rates would be
a factor to be reckoned with in the
l securities markets. Coming down
/ 20 the actual situation in the Near
| East, IL is clear that nothing nas
passed oficially between the Turks
and the allies which Indicates 4
desire for war. Quite the opposite
I is the case: both parties have made
public demonstrations Of modera-
tion and courtesy. The feeling al
most akin 10 panic with which the
Thought OF hghting was received IL
I Great Britain, has, 10 be sure. given
way 20 a somewhat firmer attitude
but the wish TO secure a peaceful
settlement remains.
The Washington herald., 1922-10-01
COMPLETE N. Y. BOND SALES
w. y. Hibbs 3 O

in of
time
No special explanation generally Wall
undoubtedly
rate the
will be wanted capital this week
weeks several months reached
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-13
Business Topics

Detroit, March 13.-The latest re-
port OF the Detroit Employers as
ISOLATION shows that the last
week marked the largest increase
in employment this year. There
are now 1SS. 900 men employed A
year ago there were $1,000 men at
work.
Connellsville, Pa, March 13.-All
freight records were exceeded by
the Connellsville division of the
Baltimore & Ohio railroad in Feb
ruary. There was an increase of
10 per cent over January and 81
per cent over February, 1921.
Minneapolis, Mimi, March 10
Municipal construction planned by
this city during the present year
will total $1,000, 900 and will give
work to $3.50 men. Street improve
ments will cost $500, 600 schools
$500 600; parks. S750,O0O and wa
ter supplies, $500,0O The new
federal reserve bank building, the
first unit Of which will cost ST.
600 900, will furnish work for 500
men
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-13
The Argus
Business
Review
Oy Consolidated Pres2)
TstcsraQh3c dispatches from
nAdon'B iMpartaAt Cemfery
giving Buaineas News and
Reviews u Interest and IR-
Rortanee 70 Rro1ncer and
Consumer.
BOSTON.

Boston, March 13.-Business con-
tinues very spotty in New England
The widespread strike In the cotton
mills has resulted in a general fall
ing OF in retail sales, particularly
In the mill cities. The strike is
now nearly two months old and
shows no signs OF settlement. The
cotton manufacturers declare they
were hardly more than breaking
even when the strike was called
and show no disposition to com
promise. They feel that SO long as
the southern mills operate on a "a
hou ra week schedule, New Eng
land cannot compete with a 48-hour
week.
Manufacturer OF various iron
and steel products report a decided
increase in their business as com
pared with last year. Manufactur-
ers of hardware and tools and ma
chine shops are doing 25 per cent
more bushes sthan at this time in
1871. Shoe factories continue to
increase operations.
Lumber dealers and jobbers Of
building supplies report a gain in
sales over last year 1t is believed
that next month will see a very
marked increase in the amount OF
building in New England. Banking
interests continue conservatives
optimistic and look for steady bet
terment in business throughout the
year with perhaps a boom in the
fall.
FIT. WORTH.
FIT. Worth, Texas, March 10
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-13

Buying and selling of cattle in
creased tremendously in volume IN
the last week throughout the south
west A better business spirit has
developed in the range country in
consequence. In south Texas one
buyer alone was in the market for
100000 head OF cattle and in the
Panhandle 10000 steers were sold
by ranchmen during the week. All
Of these were sold to men who will
move them to western pastures for
further fattening and final market
ing. The stockman, in addition to
improved demand, connected with
higher prices and higher market
Wheat and corn prices are high
er, as are those for hogs, and the
agriculturay situation has been
made a hundred per cent brighter
by the heavy snowfall Of last week.
which was none the less beneficial
because it came so late in the sea-
son. At some points the snow was
three feet deep.
Wool prices have advanced for
the Texas producer. The wool
grower Us now receiving 5 cents a
pound more than he got for his
clip in 1921.
Mutton sales along the border
were heavy last week, the large por-
ton of the stock going to Illinois
interests. Most OF them will be
shipped north for fattening.
Potatoes and cabbage were dam
aged by last weeks blizzard. Cot
ton planters are expected to in
crease their acreage in Texas some
what this season
SAN FRANCISCO.
San Francisco, March ia sud
den halt has taken place in the
boom for investment securities
This may be explained in part by
the approach of the date for in
come tax settlement There has
been a marked decrease in trading
in stocks here and money is a lit
tie less easy than it has been for
some weeks, although there is nc
change in interest rates. The lull
is regarded as a healthy sign.
Building continues active, al
though labor disputes in some dis
tricts have acted as a check. The
demand for increased housing and
office facilities throughout the dis
trict cannot long be denied.
The movement of early vege-
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-13

markets IL the pending tariff meas
ure is adopted. The fish entered
me United States duty free last
year.
OIL.
Kansas City. March 13.-OI ex-
perts gathered here declared today
that the oil supplies of the Mid
continent field he'd hardly been
tapped and that drilling operations
were going deeper and finding more
oil all the time.
GRAIN.
Detroit, March 13.-While holding
or grain by Michigan farmers is
not so marked this year as last.
the total is still more than normal.
The state department of agricul-
ture estimates % per cent of the
Total wheat crop and 80 per cent
of the oats crop still is in hands
OF farmers
LUMBER.
Seattle, March 13.-Lumber pro-
duction in the 1875 mills of the
Coast Lumber association is run
ming about 10000, 900 feet.
IRON AND STEEL.
Chicago, March 13.-Pig iron is
holding firm in this market at $40
Chicago furnace. Demand from
Wisconsin and Illinois foundries is
increasing.
New York, March 13.-The de-
mand for castiron pipe is improv-
ing. The department of water, gas
and electric supply of this city
opened bids today on $50 tons Of
6.12 and Is inch pipe.
MEATS.
Liverpool, March 13-Demand
for American bacon has become
very quiet, while imports are lib
eral. Prices, however. are fairly
steady.
MACHINERY.
Saginaw, Mich, March Bishops
of the Pere Marquette here reopen
ed today, under the management
of the kellogg-Crego company of
Chicago. While the arrangement
does not give work to any addition
al men, it is believed that steadier
employment will result from plac-
ing repairs of rolling stock in
hands Of a private firm.
HIDES.
New York, March 13-It is re-
ported here that there have been
large shipments of hides recently
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-13

table crops to market has been de-
layed TO some extent by the I'M
usually cold weather. Asparagus is
particularly slow. This will cur
tail total shipments
A sharp revival of charter in
situation for the time being and
subsidy proposals also have been
a factor in Frightening the outlook
for shipping. The independent
prune growers are practically out
Of the market, leaving The growers
association in control of all the
stock on hand The sharp ad-
vance in prune prices has been fol-
lowed by renewed demand.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-13

fitted to carry coal tonnage from
Scotch ports are icebound in Bal
tic ports
Philadelphia, March H. - The
hight prices of anthracite coal are
being taken into consideration by
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-13

assessors of counties where anttra-
cite deposits exist Assessment
for taxation purposes in Cumbers
land county on anthracite lands
have been raised from $S7 900, 600
to s91, 900 900 this year.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-13
Commodity News

FISH.
Seattle, March 13.-It is said that
the iced and boxed British Column
bit halibut shipments, which moved
in heavy quantities last year from
Prince Rupert to American EASTERN
cities, will be diverted to other
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-13

direct from China to Europe. Dry
hides are In small demand in this
market
CANNED GOODS.
Eau Claire. Wis, March 13.-The
Lange Canning company is prepar-
ing to establish factories in Mon
tana and expand its business in the
west
SILK.
New York, March Is. = Out of
town buyers have been in the mar
ket for good quantities of silk goods
in the last few days. Crepe de
chine is leading all other silk fab
RIGS m popularity. Sport silks, tat
fetas and mesalines also are in de-
mand.
Syrup.
Kansas City, March 13-The
81 .000, 900 syrup refinery of the
Corn Products company at North
Kansas City has been put in opera
ton with 500 employees. The plant
will use 10000 bushels of corn a
day and cattle feed will be a by
product
COPPER.
New York, March 13.-The cop
per situation in the market here
continues to improve, with better
inquiry and. larger sales. 1t is esti-
mated that with mines resuming
20 100000 pounds of copper a month
will be coring on the market by the
end of the summer
COAL.
Glasgow, March 13-Exports of
coal is expected to improve mater
70 h.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-13
COAL.

Glasgow, March 13.-Exports of
coal is expected to improve mater
tally in the next few weeks Ships
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-13
New Polo
COAT rs
$25

Everyone should own polo coat for general
and sports and this year almost everyone can
afford to one for they are reasonably priced.
They in smart belted styles with large convert
IDLE collars, patch or insert pockets and they
either half or all silk lined At SIS we have large
assortment from which to make selection.
Omaha daily bee., 1922-04-17
Wayne Teachers COLLEGE.

The dual literary contest etween this
institution and the State Teachers col
lego at Cha6ron will be held April 2S
This Is the second contest Of this ma
turo between the two schools. Each in
sututlon Is represented in each contest
by an orator. an essayist. n reader and
two dchaters. The suggestion for a con-
test OF this kind came originally from
WAYNE as IL was the feeling that more
types of intellectual endeavor than
sin,ply the debate should receive public
Ieeognition. The contest last year was
very successful Wayne winning in three
evcnts and Chadron in five Preliminary
contests in debate, oratory and essay
have already been held with the follow
iag students successful competitors: ora
tory, Christina Jacobsen and Paul Jacob
saa. both OF Tekamah; essay, Veronica
wilma OF Niobrara and Howard Farrens
OF Decatur: debate taffirmative) Leila
Mitchell of Wayne and Earl Schroer Of
Norfolk; (negatve), Donald Miller Of
Wayne and Howard McEachep Of Wayne
the Wayne school song campaign was
launched by Miss Bonnie Hess, editor of
the Goldenrod, who discussed the need Of
an alma mater song. She called attention
college. predecessor of this institu,ion,
had a school song '"rhe ~ n c." writ
ten by DR.. James G. Neihardt. The
w. 8. N. Alumni club voted to sponsor
a school song campaign. and Miss Edith
Beechel, who WAS appointed chairman
OF song committee. outlined the plan.
The contest continues until "Wayne
Day" November 5. There are four prizes
offered: Rollie Ley Prize OF $25 for the
best alma mater song: SIS prize for
alma mater song ranking second. Presi-
dent Conn givcs the first prize in the
pep" song class and a second prize Of
*10 will be given for the pep song taking
second place
Bulletins announcing the opening OF
the summer session, June 5. have been
mailed to teachers and high school
seniors in this section OF Nebraska.
Omaha daily bee., 1922-04-17
Cotner College.

Miss Ruth Obernes Of Lincoln was
elected by the students and faculty to be
Queen of May. Miss Oberlies is a mem
her OF the senior class She has been
prominent in the activities of the school.
taking a special place in the literary life
OF Cotner. She is a member Of the
student council and chairman of the c.
q. committee which has charge OF the
social functions
The senior class voted to present to
the college as their gift stone gate
way to the driveway at the north side
OF the campus. The class Of 81 placed
ar entrance at the south side. When
this is completed the three entrances on
the west side OF the campus will have
stone arches.
Rehearssls have begun for "The Sill
yer Lining" the senior class play. which
musical drama in three acts with an
by Yandell Beans and Errol Parish. mem
hers OF the senior class, The theme OF
the play is suggested by the story OF
the prodigal son. The leading musical
parts will be taken by Alice Gadd Sor-
reu. Lola Raver. Dorothy Parks. Charles
Stanton and Harold Fey. The leading
dramatic roles will be played by Ray
Bradley, Mrs. Fayther Eeavitt, Edith An
derson, Ruth Oberlies Errol Parish and
Wayne Sorrell.
Cotner banqueted her basket ball men
in the dining hall of the dormitory. Pro-
fessor Moss awarded letters to the fol-
lowing men: Eugene Eetzelmiller. John
Shull. Russell Willard. E. Lang, clyde
Sherman, Ray Borgaard, George Haver
and Gerald Rowland.
Omaha daily bee., 1922-04-17
Two Noted Educators
to Speak in Nebraska

Two men, nationally known IN
educational circles, have been OBJ
tanned for the Nebraska State Teach
eFs' association conventions next Oe.
lober, DR., Eyendsn. professor OF
school administration in Columbia
university, New York. has had large
experience in educational affairs and
is one OF the best instructors OF the
eastern institutions,
The west Is TO be represented by DR.,
II, B, Wilson, superintendent OF one OF
the Berkeley public schools.
The committee has extended an in-
yltation 10 Governor Hyde OF Mis-
sour. who has given grea, service
10 the rural schools in tha, state. 10
visit the associations,
These two men coming from the
extreme cities OF our country, will
be a notable feature IN giving the
teachers OF Nebraska educational
news OF the entire nation, Many
other novel and profitable events
that are scheduled for the programs
will he announced later, IL is eS.
peeted 1000 teachers will be regis
tered in the six different eonyen-
tIons
Omaha daily bee., 1922-04-17
Chadron Normal College.

The faculty of the music department
and Leroy North. student In piano. VIII
leave this weekend for Lincoln. where
they will appear on the program at the
Nebraska Music Teachers association.
This Is the sixth annual convention of the
association, and the third on the pro-
gram for which our faculty have ap-
peared Mr.. North will take part In the
student contest during the association.
Boys cooking classes are no longer
novelty at Chadron. During the last
semester Miss Ethel Delzell head OF the
domestic science department, conducted
boys class in camp cookery-popularly
called by the boys the "Kamp kookery
Klass" The 10 young men who were
enrolled enjoyed the work and found 1t
to be OF much practical value to them.
The boys learned the value of different
foods what Kinds Of foods to take on
camping trip In order to insure whole
some meals. and how to secure a bal
anced ration The best methods OF pack
ing food for trip were also learned.
The fifth annual concert of the Normal
orchestra was given Monday. The mem
bers were assisted by Professors Peterson
and Greenslit on the violin and trombone
and Leroy North on the piano. Miss
Irma Stockdale played the French horn
with the orchestra.
Reva Denslow appeared in piano re-
cital. She was assisted by Margaret
Nicer. mezzo-soprano, and Leroy North.
accompanist.
Omaha daily bee., 1922-04-17
Kearney State Teachers.

The Dramatic Art club will give the
third Of its series Of contingent fee plays
April IS. when Amateur Night will be
presented. The program will consist Of
a number Of one-act plays and specialties
prepared by various students taking dra-
matte work. The plays to be given are
Merry Merry Cuckoo" Good Woman"
Lost Silk Hat" and POT Boilers"
Several hundred new volumes have been
added to the shelves of the library dur
ing the last few weeks.
Seven Of the colleges In the state have
replied to the invitation to send a speaker
to Kearney to participate in the state
collegiate extemporaneous speaking con-
test, which will be held April 81. Six
OF the schools in replies have announced
their intention Of sending representative
to the contest, while Creighton states
that they will not enter.
The Mems Glee club OF the college, as
sisted by the college orchestra and several
speciality entertainers, so people in all,
went to Kenesaw to fill an engagement.