davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
FINANCIAL NOTES

An output of 100000 tons OF
coal annually and assets of $50, 900
900 will be centered in the merger
of several of the largest companies
in Pittsburgh and Western Pennsyl-
vania, details of which are practic-
ally complete. The company in
volyed are the John A. Bell inter-
ests, the Carnegie Coal company,
the Werner Coal and Coke company,
the Burgettstown Coal company
the Henderson Coay company
CHARTERS Creek Coal company, Nc
Lane Mining company, Meadow
lands Coal, Pittsburgh, and Eastern
Coal, Pittsburgh and Erie Coal, and
the Western Pennsylvania Mines
of the Youghiogheny and Ohio Coal
company.
The st. Louis and San francisco
Railway company $5,000,000 five
per cent equipment traction certifi-
Gates maturing in equal annual in
stallments from Sept, 1, 1928, to
Sept. /, 1887, inclusive, and secured
on standard equipment costing
about 100000 have all been sold
according to Speyer and Company
j. and w. Seligman and Company
Guaranty Trust Company and Lee
Higginson and Company.
Goldman Saches and Compan!
have acquired an interest ip thu
preferred and common shares OF
Kuppenheimer and Company and
will offer the same on Monday in
conjunction with Ames Emerich
| and Company and Mitchell, Hutch
ms and Company.
The Majestic carried 100, 00t
pounds of gold in her hold wher
she sailed from South Amptol
! Saturday. 1t is not known to whom
| the gold is consigned.
Coffee was quoted: September
9.55; December, go; March, 9.71
Mag, 9.72; July, $40. Raw sugar
September. 3.22; December, 3.34
March. 3.11; May, 3.22; Julf, 3.3l
Refined: September, October, No
vember and December, CTS.
! The following sold ex-dividen,
today: 4iddlsstate Oil, America
Beet Sugar. preferred; Calumet an,
Arizona Copper, National Enamel
Ing, preferred; st. Joseph Lead an
Swift & Co.
| The American Experiment com
pany today declared the regula
quarterly dividend Of 81 payable +
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Weather Forecast

Illinois: Unsettled weather to-
night and Saturday, probably
showers and thdhderstorms, except
in extreme southeast portion to-
night; cooler Saturday and in west
and north portions late tonight.
Indiana: Generally fair in south
and probably showers and thunder
storms in north portion tonight
cooler in northwest portion; Sat
urday showers and thunder storms
and cooler.
Wisconsin: Showers and thun-
der storms this afternoon or to-
night; cooler tonight; Saturday
generally fair and cooleE
Missouri: Partly cloudy wealth.
er, with local thunder showers to.
night or Saturday, except generally
fair in south portion tonight; cool.
er Saturday and in north portion
tonight.
Iowa: Partly cloudy weather
with local thunder showers this
afternoon or tonight in east and
central portions; cooler tonight;
Saturday fair, cooler in east and
south portions.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Liue Stock
Chicago livestock,

Chicago. Sept. Seattle receipts,
5000; good and choice CATTLE,
scarce; top light steers, 1856; bulk'
OF quality and condition to sell at
|S.76010.00: trainloads western
grAssers, 7.25@7.35; ali classes
generally steady; bulk beef cows
and heifers, 4.5o07.oo; canners
and cutters, largely 3.7503.5o; Boz
logna bulls, mostly 3.s004.15:
veal calves, 12.50012.75.
Hog receipts, 10000; market,
slow; mostly Is to 25 cents high
er; bulk $50 to 220 pound averages,
9.65@9.75; top, 9.75: bulk, 230 to
$50 pound butchers, 9.40@s.60; go
to 300 pound butchers, S.900s.30 !;
packing sows, mostly 7.00@7.50;
pigs, strong at the advance largely
8.2508.75; big packers, doing lit
tie; haasy, S.10@s.50: medium,
9.000s70; lights, 9.500S.70; light
lights, S.7569.50; packing sows,
smooth, 6.90@7.50; packing sows,
rough, 6.4007.00;~ killing pigs. Tie
@8.75.
Sheep receipts, 10000; fat lambs,
strong to Is cents higher; top ma
tive 1915 to shippers and city
butchers 1855 to packers; bulk
natives 12.25Q12.60; sorts light;
iculls mostly S.5o@s.o0; good Wash
ington lambs, 1890; sheep and
feeders. generally steady; best
light native ewes, $50; heavy most.
ly $50; good feeding lambs around
1880, &
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
HERR|N Jury
IND|CTS 81
FOR MURDER
Continued from First page.)

CONTINUED from First Page.)
charged in the fourth indictment
with the killing of Shoemaker.
More indictments will be issued,
st was stated by Attorney-Ge
E. j. Brundage. in charge Of the
grand jury investigation. These in
dictments, it is understood, will be
issued for larceny and perjury. Fol
lowing the massacre at the strip
mine, much Of the equipment was
stolen and some of the stolen equip
ment has been returned. Indict-
ments for larceny were issued for
theft of the mine property, it was
said by court attaches.
Percy Hall of Her1in, was the
sixth man lodged in the William
son county Jail at Marion, for the
Herrin massacre. Hall was ar
rested and brought to Marion by
George Galligan, Republican nomi-
nee for sheriff and a half-brother
Of the accused. He is is a coal
miner with a wife and two chill
dren.
Philip Fontanetta of Marion, an
Italian youth, was the first one to
be arrested. and was taken into
custody on the streets Of Marion
ten minutes after the Indictment
was returned. He is single, about
| % years of age. He is accused oil
completely in the killing of John
Shoemaker.
Leva Mann Of Herrin is a shift
man at Dale mine and. lives in
Herrin. He is married and has
four children and is about 20 years
lold.
! Charles Rogers, who was arrest
ed at the same time as Mann, Is
about So years Of age, and is mar.
/, ried with four children. He is 8
coal miner ana claims that he ha.
been confused with an Italian fam
lily named Rogers who also live.
at Herrin.
| James, Brown, colored, deput,
sheriff Of Colp, is . married maj
0f fifty years, who Ia separated
from his wife and living with /
married daughter in Colp. He Il
. shot-hrer at Madison No. 8 Goa
mine.
The sixth accused man is 9th
Clark, the Arst to be indicted and
who has been in Jail for . week
He worked at Weaver where b.
vas president Of the mine local
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Wheat TRADES
on MART AXE
BulLlSh TONE
lBy me Consolldated Pres.l

Chicago. sept. s.-There waseai
bsllish feeling in the wheat trade
today. The strength shown in Liv-
sfpool futures tended to encour-
are fades while bullish tendefl-
cies and later report Of big export
business in Manitoba wheat started
shorts to covering. Some OF the
locals fought the advance but they
found It hard to get the wheAs
back when they wanted to cover.
. A report that France will have
to import between 60 and $4,000
900 bushels of bread gains this
year also tended to intensity bull
ish feeling. Primary receipts
were over 100000 bushels and
over half OF this amount was re-
cetved at the two spring wheat
markets. Cash wheat premiums
were firm and number 3 red sold
ct 1c better than the basis of the
day before. Minneapolis reported
q big demand for cash wheat at
unchanged premiums. Spot wheat
at Liverpool was unchanged to 2
pence lower. the decline being in
red winter wheat
There was q good trade on both
sides Of the corn market but prices
showed little change. There was
evening up by longs who wanted
to take profits and who feared an
adverse report ON crops as well as
a break up In the drought. The
forecast is for showery and colder
weather over the greater part OF
the country. There was good de-
mand for corn from exporters and
one house sold 100, 900 bushels di-
rect to the United Kingdom, the
first purchases by this country in
some time.
Oats were up with other grains
There was further buying by COM
mission houses while cash inter.
ests continued to. transfer hedges
Shipping demand was low.
Provisions were neglected. Ar
eAsy tone was due to the light buy
ing power.
Wheat reacted on selling by
northwest houses. Market closed
unchanged to y higher; Sept
1.o0N; Dec. 1.02A@*; May 1.07A
to y. Corn closed h@A lower
Sept. s1N; Dec. 57x@T;s May 81
on. Oats closed unchanged to q
higher; Sept. 35A; Dec. 35A@%;
I, May 38M. Lard closed unchanged
to 10c lower and ribs unchanged.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
SEARCHING FOR
GIRL WITNESS
Young Woman Wanted for Testi.
mony in Case Of Illegal Opera
! ton Missing.

Rockford, ILL.,, Sept. 8.-Authori-
ties have failed to obtain any trace
Of Miss Josephine Griffin, 20, want
ed as a principal witness at the
coroner's inquiry into the death Of
Mrs. Lena Saufnauer. alleged to
have been due to an Illegal opera
ton.
Miss Griffin, q friend OF Mrs.
Saufnauer, and said to have accom-
panied her to the office Of a James,
Vile tWis.) physician, was last
seen here Thursday morning.
An all-night search was made for
her. Fear that she may hate end
ed her life, Or have been spirited
away to prevent her testifying 1t
tho inquest, was expressed today
by Cofonef Olson. The inquest d
to = hald this atternoon.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Kansas City Livestock.

Kansas City, Mo-, Sept. S.-Cat-
tie: Receipts, 1000; quality COM
mon; all classes generally steady;
stockers and feeders, dull; steers.
sales, 450@5.75; no fed lots Of
fered; prime cows, SIS; other
kinds generally 3.50@5.00; few
heifers, 4.50@6.75; Gamers and
cutters, 2.00@3.25; best vealers.
10.OO@10.50; few stockers, CLIO
down; 1000 to 1880 pound feed
ers, 700.
Hog receipts, 5000; active, open
10 to 20 cents higher; later most
sales, Is to Is cents higher; with
spots on heavies up more; bulk Of
sales, S.15@8.80; top, $50; 40 -
220 FOUNDERS, 8.65@S.85; 23O to 800
Founders, 7.S5@S.75; packing sows,
rs cents higher; better grades, 6.S5
@7.25; stock pigs, steady, $500
$50.
Sheep receipts, 1000; killing
classes, mostly steady; odd
punches native lambs, 1850; dry
fed shorn lambs, 11.50; SO pound
ewes, CTS; most fat natives, 4.50@
500.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
cIIlclleo| Yards
REPORT LIGHT
RUN Of CATTLE

ny tA9 SOuSuAsuAe0A 49,
U. s Yards. Chicago. sept. o.
Light runs Of cattle and hogs were
reported ae the local yaros tooay.
Cattle trade started out lower tnis
week on bulk Of stuff, but there
was some Improvement in the mar
ket later In the period. Hogs also
showed up better AFTER SLOW ana
lower start. In the sheep house the
trade also was uneven during the
week. Ewes were hard to sell most
OF the time, valres closing lower
tor all kinds compared with . week
eAKo. Receipts today were esumat-
ca az S,Vo0 cattle, Iv'VVv nOSs' A.
wv eneep; ana l,vvv calvee
CATTLE.
fices were seneIsiiy eAuy'
an tne trade showed .a,s a.. ~.
ZION. Few gooo Steers were ~ .no
pens, oue palmer gfaoes were PICK
ca up wen. some AsOv pouno s.eeIs
sold az l0.le WIN Westerns up "
7.o0QIS6. COWS ana nelters aiso
SOlu well. Bologna OVlAo Uolu as
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
DryCoods Market
II STUART r. NEST
(oupyrlght. ly13.D

New York, Sept. 8.-Buyers stood
ready today to leap on any bargain
in cotton cloths which showed be-
low the level Of prevailing quota
tons. Print cloths were firm and
there was evidence of Q large in
quiry for sheetings. SizeabIe lots
were taken in the gray goods con-
structions, although the volume of
trade was not remarkable. Con-
verters and bag manufacturers
were purchasers Of sheetings. Pa
jana checks were steady but not
active, sateens were dull and drills
were firm for small lots. Combed
yarn shirtings were in demand.
The silk market was strong but
only fairly active and prices still
remain under a parity with Yoko-
hama
Wool.
Boston, Sept. 8.-The wool mar
ket gave evidence today OF broad
ening tendencies and slightly stifY-
er prices for some grades. The de-
mand which for time Was con-
fined to the medium grades now
has spread we'll through the list
Holders were firm In their demands
and as q consequence the volume
Of trading was not large. Territory
woods showed slight increasea
Holders Of second clip mohair IL
Texas afe demanding mor6 than 10
cal dealers are willing to pay.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Curb Market

New York, Sept. S.-There was
Mother sharp advance In the stock
= Schultz Stores Corporation at
- opening Of the curb exchange
10y. 1t sold as high as IS. an
sevance Of oyer 20 points from
vaefe the movement started Thurs
= ' morning. In the absence. how
~, Of any confirmation for the
~ Of q deal with Tobacco Prod
~ profit taking sales were induce
e Quantities sufncient to check
= hse and bring about Z reaction.
ne company's sales as reported
~ ~ August were $1,905 ,223, an in
aee Of $244,9O2 over the same
peiee for 1871,
-. Uaat Motors was q decided
e In the trading. 1t led not
~ N curb motor group but the
~, sIocks on the big board as
~. Tie Jump, which brought the
49, close to so, was accompsn-
Ea very flattering report re-
mt the company's business and
ssccess with which it is reach
r. ~ In competition with other
eoncsrns making low priced
~ stocks did better than they
oa Thursday. They made more
sess to the buoyancy OF this
OF stocks on the stock ex-
Standard Oil Of Indiana
@e leader with q rise oil. over
~ oants. Imperial Oil Of Canada
Hntsrnational Petroleum made
mn ns for the week. Standard
81 : Aentucky ran up briskly on
~ the recent increase to a
~ rate dividend would be fol-
nsssa ~ . raise to S.. This stock
Nss larger return than the
~ ~ Oil Of Indiana or Stand
8 ). california, vet is selling well
taese two in the market.
essne Signal and Standard OH
faS FORK took their part in the
ce. The upward tendency
i 1sV general also among the
nGent oils, but with no such
Saanses as those in the
group. Fensland, Mara
Cst Creek Producers ana
- vi were all higher, while
u ace transactions in Gulf Oil
as $50, ca alsanse Of 90
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08

Wall Strest. New York. Sept. 81
Operations Tor the riss held The
appoe hand during the greater pAft
OF the tine todAt, bot they By no
means mon0pollsed the market
COSden 4 Co., which had been one
u Thursdays activities, did not
'reep0nd 70 the story Of . merger
WITH Royal Dutch. knowledge of
very heavy selling orders Just
above hfty caused 3 lot Of profit
taking. which kept the stock down.
Other oil shares like standard OIL
OF California also ran into profit
taking in quantity after N early
sdvance and 20 did the Can stocks.
But - these former ltAders fell
back, 1t was only to gite place 10
new ones.
OWENS BOTTLE.
Owens Bottle stock rot into now
| high ground for the year again to-
day, when Il sold above forty, The
buying which brought about this
most recent advance was said to
have had its origin In Cincinnati,
the headquarters OF the company.
The stock now pays 81 per share
dividend and rumors have been CIR
eulated that On increase could be
expected In the not distant future.
MISSOURI PACIFIC PRFD.
The plan for refunding the back
dividends on Missouri Pacific pre-
J ferred is said to have reached the
stage where an early announce
ment can be expected. Missouri
Pacific preferred now carries 20
per cent in back dividends. the s
per cent yearly having become
cumulative on June 30, 1918. Those
who have been in close touch with
this situation for some time figur-
ed today that 5 per cent at least
would be the initial payment TO-
ward clearing up the back divi.
dends.
i PACIFIC OIL.
| Higher prices for Pacific Oh
stock recently have accompanied
reports of favorable production ant
improved earnings. Pacific's dan,
average output is between 45,00t
! and $4,000 barrels. and even d
current prices the company is do
Ing better than it did in the frs
J half Of the year, when earning,
were not exceptionally good. Tn,
50 dividend, Of course, has been re
garded as entirely safe, and it II
said that the present net incom,
after Liberal depreciation charged
opportunities rate of IS year.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Peoria Cash Grain.

Peoria, ILL.,, Sept. S.-Corn: Re-
cepits, 4 cars: 4 to Y cent high
er; No. 2 yellow, 81; No. 8 yellow.
6$1a; No. 4 yellow, so; No. 5 yell
low, 591k; No. 3 mixed, 60h.
Oats: Receipts, 10 cars; " cent
higher; No. 2 white. 36h@37h;
No. 3 white, SO.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Horses and Mules.

East St. Louis, Mo-, Aug. %. -
Horses: Good to choice drafts,
$145@170; choice southern chunks.
$50@70; medium to good drafts,
$100@145.
Mules: Is to II hands, $175Q
$50; Is to 16.5 hands, $175Q225;
ISL to 1873 hands, $1500220.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
New York Money.

New York, Sept. S.-Call money,
firm; high, 4; low, 4; ruling rate,
4; closing bid. 4; offered at, Ak;
last loan. 4 per cent.
Call loans against acceptances,
3k per cent.
Time loans, firm; mixed collat-
eral paper, 60 to 80 days, AZ @4h;
four to six months, 4k@4% per
cent.
Prime commercial paper, 40
AZ per cent.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
st. Louis Cash Grain.

st. Louis, Mo-, Sept. 8.-Cash
wheat: No. 2 red, 1'09@1.15; No. 8
red, 1.09@1.11.
Corn: No. l white, 81; No. 2
white, 62.
Oats: No. l white, 411a; No. 3
white, 37k @40.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Peoria Livestock.

Peoria, ILL.,. Sept. s. - Hog re-
ce!pts, 1000; Is to 20 cents higher;
top, $40; lights, 9.15@9.4O; medi-
ums. 9.00@9.40; heavies, 5000
$40; packers, 6.00@7.25.
Cattle: Receipts. $50; steady;
calves, mostly so to rs cents lower
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Kansas City Cash Grain.

Karnsas City. Mo-, Sept. S.-Cash
wheat: No. 2 hard, .99@1.11; No.
r red, 1.07@1.o8.
Corn: No. 2 white, 58@58h;
No. 2 yellow, 597s; No. 2 mixed,
sly.
Oats: No. 2 white, 81; No. 2
mixed. 35037; No. 2 red, 35@37.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Toledo Seed.

Toledo, Ohio, Sept. 8.-Clover
seed; cash, 1000; October, $50; De-
cember, 9.S5; March, 9.92h.
Timothy: prime, cash (old) 2.70;
new go; October, ESQ; Decem-
Der, 2.S5.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
St. Louis Futures.

St. Louis, Mo-, Sept. S.-Close:
wheat: September, 1.01; December
101h.>
Corn: September, 60h; Decem-
Der, 567b.
Oats: September, IS; December
none.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Silver.

New York, Sepk. s.-Foreign bar
silver 69N; Mexican dollars 53&.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Chicago Produce.

Chicago, Sept. S.-Butter, higher;
creamery extras, 3Sc;; firsts, 800
331sc; extra firsts, 35@37c; Sec
onds, 30@31c; standards, 36l1c.
Eggs, unchanged; receipts, TO-
40 cases.
Poultry, alive, unchanged.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08

order herv gtvea. cloeoay aAAoo Oo
lions being grouped togsthee.
The individual adsefti1eunano9 ase -
raneed under theos heodinGs - uatonp
bstical erdpe for ausrk rUfngonOs
.~,,.n,,>,r~~~>r~~
oSA
- M.n,..,.m
ar.rJs os TS.n&.
x-EnnersS nar-ctors
srmner.l T,cSsr.
q -r..,ss.s~ rcHs 1fn....>sa
sSc.,-s Noss. ~
sccmsc. Txsns.
1s..-ss, .i,
,o-IoSt snS ro.ra
..,-As.,
Au1VAVs aG
A-Automobile AsenAss. $50.
11-Automobiles for SEN.
l2-Auto Trucks for osle,
l3-Auto Accessoriee-Pnfts.
lA-Gsrage--Autos for atno, -te
l5-Motorcycles and Neyclea. ,..Fs
ACKNOWLEDGEMENTS.
le-Repsirins- eeryice StAtapua.
nv,a,Nraa rrnx,Cn .vi
,ap,,.;,..s aas.;1. ns."x
10 p,.;l.s.s. - Ca ". 49,
90 S.u. T. pA
~ ovG Is; OyeaIs: nee0v.
% @ulessms A' n.!-.-..aAI
SS-nessseSs 1Ao3osnSs Ao0oA8.
e Sc-msuSen0.
S3-Launoenng.
S-novmS. Iruckn6. etefeoA
So-Panting-Papertn
-franung-EngrevinS.
aS-prciesslonai ssrvhcss
. ~.
,S 1aIoranG,
o." anseo-buaoea sefvt0
EMPLOYMENT.
32-Help wanted-Feu3ale.
33--Help WantcdNlslo.
34-Help Wanted-Wah q Fe>.,n
OBSERVATION-DISCLOSURES.
3G-SituAtious Wanted-FeaHh.
37-Satuatiops Wanted-Nan.
rINANCIAI.
3S-Businen Opportunitiee. -z'i
| 39-Investments. Stocka Bonda
4O-Money 10 Loan,
| 41-Wanted-To borrow.
INSTRUCTION.
z2-Conoapondencs COUrsaA co.
43-LocA Instruc4ioo Cha
A4-Nusical. Dancing. Dfaaaetaa.
45-Prtvste Instruction. ''"'
46-WAnted-Instructioa. AT
| LIVESTOCK l.si
N-Dogs. Cats. psts.
4SCHor.es. Cattle. vtnAeAA
eS-routy and SuppaisA
-"anser-Aveseoce.
EkCnAND0
oi-Arsicks tor sale;
eaA@nH[es sno ASSnan
pos.. - snu 0
D.,ssss. s.'I u Aeaes'
p uns
"a 80 cu1 H..h
ca ae,; 49, 49, IS -
-Too. N.sI s' rs,. 80
20 nonHs,I o emmy, anns.
Snouseno.u 1V0us
SsC(Hsch;yy..s. mo ~ a Te,.
-M~s;,..s 1,s .ru
| " 0SAoa AAesA uAAAonses
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08

\ New York Sugar.
New York, Sept. S.-Raw sugar:
Unchanged. Refined: Unchanged.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
Flour.

Flour.
Minneapolis, Mimi, Sept. s.
Flour: Is cents higher Family pat
ents, 665@6.70 per barrel.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-08
RAIL PEACE
TO Dawn IN
THREE DAYS

continued from First Pags.)
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-11-26

tion--in other words. the Yield of
the land in the United States is fall
ing behind the increase in popula-
ton, aud Secretary Hoover is quoted
as saying that in a few years the
United states will have no surplus
wheat for export. Considerable
time must pass until this condition
IS remedied by more intensive cult
walton and fertilization Of the soil
and IN the meantime the actual
needs of "A population Of 100000
LIBERAL not TO say cXtraVagant.. con-
sumers can only he met as 7, CARDS
wool and hides. by drawing on the
surplus supplies Of other lands.
when In due course the United
states farmer realizes the necessity
OF cultivating as intensively as In
Europe, the ensuing demand for nj
trate OF soda will probably become
SO great as to take up an amount
equivalent TO all the present normal
Chilean production.
The increased tariff on sugar is
no doubt the chief change which
might be said TO affect adversely.
Peru. but cuba has for years been
the United states nearest aud larg-
est supplier, Notwithstanding which
and despite the handicap Of the Gu
pan preference OF ~ per cent. Peru
Wan sugar has at times found a mar
ket here--or. In other words the Pc
ruvian planter. has at times obtained
as good prices here as In his other
markets"
Commenting on the position Of
New York as a world distributing
center, the Grace Log says: THE
geographical position OF the port Of
New York is in itself favorable 10
its developing into an important re-
distributing focus. This develop
ment will not be and should not az
far as can be seen, be hampered by
the new tariff. The liberal system
OF bonded warehouses and terminal
facilities II affords, together wiA its
now enhanced banking facilities, and
a rapid maritime service, will In
time place New York in promi-
nent position as an entrepot.
1T is most unfortunate that in this
same tariff bill, an excellent pro-
vision for the establishment Of free
zones after passing the house, was
thrown out by the other. and thus
for the time being, postponed"