davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
FINANCIAL NOTES

New York, May 2.-Ameriean
Loco company's bookings included
210 domestic orders for locomo-
tives and IL foreign locomotives
This was the largest months BUSH
ness in several years. The COM
pany should be running at great
ly increased rate by June 10
The General Asphalt company to-
day declared the regular a per
cent quarterly dividend on the pre-
ferred stock payable June 1 to
stock of record May Is.
Coffee was quoted today: May,
1040; July, 1922; September, 9.S5;
December. 9.7S. Raw sugar: May.
2.45: July, 2.6S; September, 2.SS;
December, 29e Refined sugar:
May, $40; July, go; September,
go; December, 500.
H. Upmann & Co., one of the
most important sugar, tobacco and
banking houses of HAVANA, has
suspended payments. The failure
was unexpected in the Cuban
capital.
An involuntary petition in bank
ruPtcy has been filed against Wa
tefs & Cook, members of the Con-
selidated Stock Exchange, and a
receiver has been appointed
The stockholders of the New
England Telephone & Telegraph
company have voted to consent to
the execution OF a mortgage to Sc
cure issues of bonds by the COM
pany from time to time as it cor
perate purposes may require.
A number of the Independent
steel companies showed some profit
on their common stocks in April,
offering an optimistic contrast 70
the deficits shown month after
month in 1921.
The California Railway COM
panies have Professionally authok-
lied the Pacific Telephone & TeIe-
graph company to issue $25, 000.-
600 general refunding mortgage 30
year per cent bonds. Much of
the proceeds will be used to meet
the 1929 construction program
of the company.
1t is reported from Wyoming that
in the last 80 days the Salt Creek
Consolidated Oil company has COM
pleted five wells on its leases in
the Salt Creek field, with a gross
initial production of 1000 barrels
of oil daily, based on a three-day
test.
The net income of the Chicago
Elevated railways from 1921 was
S124.63s. The gross earnings were
$12,67e,217.
The net income available for
dividends and depreciation of the
Northern Ohio Traction & Light
company for 1921 were S779.67o. as
against S1,351,343 in 1920.
| The American Hide and Leather
| company showed a deficit for the
FIRST quarter of s22,221 This does
! not take account OF S495, 900 receiv-
ed from insurance companies as d
result of the destruction by fire OF
part of the plant.
| The Fisher Body company has
completed $4,000, 600 addition to its
body plant at Detroit and about
$500 employee will be taken on
Buck and Chevrolet bodies will BIZ
built IN the new plant. The plants
OF the company here and in Canada
are reported working at capacity.
All grades of pig iron have beer
advanced 81 a ton to $50 at Chicago
! Inquiries are heavy and sales nu
merous. AT Pittsburgh pig iron i.
firm at the recent advance of So.
The Oklahoma Natural Gas. com
pany reported gross earnings fnl
1921 of s4.6ae,015 a net income OF
s579.sa5 dividends of S5Ts,ee2 ana
surplus of 1888.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
COTTON HOLDS
INTEREST IN
STOCK MARKET
gr STUART r. WEST.

xew York. May There were
lev changes of consequence in the
saancial situation today. The cot
81 market provided more interest
,san any other. 1t had the sharp
:. rise of any day for a long
ALE Prices have risen lMe a
cauna within the last week since
~ food damage and abnormal
.sinsall in the southwest became a
s-,tical factor, in affecting esti-
mates of the growing crop They
ara M 2ztc a PouHd fFem the low
81 TWO months ago when the cotton
,rade was making its calculations
sxeessiye regarding New England
,faubles and their effect upon tie
demand from the spiRneFs.
The upward tendency predomi-
,s,ed en- the stock exchange dur
iaa the greater part of the season,
nj il was still a mixed movement
The same was True OF the days
} bond dealings. The investment
market has lost the note of en-
thusiasm which it Had week ago
when the $500. 100000 Canadian
government issue was so easily
,sken and the s45 ,000, 900 New York
stocks went to the banking syndi-
cate at a record figure. To be sure
there has been no reaction to speak
n in the bond list, but the volume
az business has fallen off and the
advance outside of speculative is
sues. like the fractions and few
~ the industrials has been check
ed. Neither Liberty bonds nor for
eign governments have gained any
ground in nearly a month. This
indicates that more thought is be-
ing taken in investment circles of
The diversion of capital now avail
able for the security market, after
trade has begun to require its nor
nal supply of funds.
In the speculative markets, too,
the same touch of caution was ap-
r parent today as has been noted
since the middle of last week. Ger
tain stocks at times were rushed
forward rather briskly. Among
these were Baldwin Locomotive,
American Loco, Studebaker, Inter-
national Paper and a few of the
oils. But even the movements
lacked the exuberance of a fort
night ago, and the fact that they
did not carry with them the rest
OF the list. in which new buying
Twas fully balanced by realizing, had
q SOLDERING influence.
The foreign exchange market,
still waiting on definite news from
Genoa, had another uneventful day.
English and French rates were
| slightly higher and German marks
q bit lower, but none of the chang
es was sufficient to be regarded as
at all significant. Financial epin-
ion agreed that almost the entire
difference between failure and sue
cess at the gathering rests upon
4 Russia's attitude on the eompFe-
mise program put forward by the
entente reports.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Street Features
BIT sruARF r. WEST
teeyprif4f. aaszl
THE OIL GROUP.


Oil stocks were auifa as promi-
nent as on ether days but were
much mere variable ia their move
ments. Reports from Genoa that
the Royal Dutch and Shell interests
had acquired large concessions in
the Baku territory of Russia, put
these stocks up sharply in London
and in Amsterdam and caused q
similar jump here. There was
quite a bit of switching inta Royal
Dutch from ether ellis. especially
from Barnsaail shares. which have
been bulled largely on the rumer
that this was the company which
was going to get the big plums from
the soviet government. There was
considerable prefit taking in the
Standard Oil group, in Union Oil
and Phillips Petroleum, but on the
other hand, the pool in Producers
and Refiners put its specially up to
new high.
KEYSTONE TIRE,
Keystone Tire got to a new high
Ter the year today acress IS on re-
ports OF the Improvement in the
arfa.rs of the company. These re-
ports have given impetus recently
to the pool operations which have
been largely responsible for the
strength of the stock. 1t Is expected
that Keystone will soon be ruaning
on three eight-hour shifts. Produc=
ton is at a maximum and Key
stones position is much better than
1T was at the beginning of the year.
JEWEL TEA.
Jewel Tea stocks responded to
the decidedly favorable news re-
garding the financial position of
the company. The concern is now
free OF Indebtedness except what is
needed for current bills. Payment
was made yesterday Of the final
81 900 900 of the gold notes. With
these notes out of the way, it was
said today the resumption of divi-
dends on the preferred stock can
not long be delayed.
INTERNATIONAL PAPER
International Paper, which has
been a laggard in the stock mar
ket finally got into new high
ground today. 1t was pointed out
that the technical position of Inter-
national Paper was such that it
could enjoy an advance despite the
fact that the paper business is still
behind other Industries. The COM
pany stands to get back some of
the business it lost last year when
it had a strike on its hands because
the companies which get this bust
ness did not face a strike them
selves.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
YOUNG KING BORIS
OF BULGARIA. HARD
PRESSED FOR CASH

Ssfia.-The young King Boris of
Bulgaria is SO much in need of
lFesdy cash to maintain his modest
household that he has sold some
Of bis automobiles and all of the
vines and liquors belonging to. his
| father, the exiIed Ferdinand.
American visitors to Bulgaria have
been surprised to find old vintage
vines and rare champagnes from
lie royal palace on the tables OF
Sofas hotels at So a bottle.
y The former Car Ferdinand, now
barred from Bulgaria, enjoyed in
his days of imperial power all the
Injuries and extFavaganees of the
royal soyereigns OF the Elizabeth
an age. But his son, who is beloved
OF all the people for his simplicity
and lack of 0stentation, lives al
most as humbly and plainly as one
on his peasants. BulgaFiaRs say
When the father fled the country.
Just before the armistice, he took
With hiFH all the crown iewelry,
faoney and realizable assets and
1877 the son nothing.
l Boris civil list is much below the
salsries received by American cor
poFation presidents. The young
fulsr has repeatedly refused fiHan-
aat assistance from the govern
meat because he felt the country's
aeed Of economy and conservation
vas too great. He is doing every
hiHg he can to make both ends
meet. The various palaces built by
MS father are now the property OF
ae state, otherwise he could real
IIe some thing on their. sale.
III his desire to set an example
seonemy and frugality to his
people, the king for long time has
Iaeppe1 all entertainment and
saft functions. He maintains a
modest household OF three OF four
ssrtants and one or two guards.
Boris is just past 81, His peo-
Iple say he has all the virtues of his
aother and none of the character
Issues Of his father. He is frail OF
fsooy and delicate in features, He
rs compelling charm of manner
"a an earnestness- and sincerity
nat win instant admiration.
His chief motive of life is work.
IS never idle. II he isn't busy
sth the affairs of state. he is
Anylng. Horticulture, natural
lshlory and engineering are his
7 taeeoles Within the palace grouds
ursniR he has a narrow-gauge
alroad built for his own expert
aehtal purposes. He is absorbed
= The subject Of engineering and
amillary with most of The biz
iAeriean railway systems The
Z Jug led such lonely life that
~ long ago Prime Minister Siam
0ahsky, who looks after the
z oa.hful monarch with a paterBal
+ Aicitude, took Boris sisters from
father, Ferdinand and
y saaght them back to Sofia to keel
2 ae king company.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Foreign Exchange.

New York, May 2.-Foreign e1
change: irregular.
Great liritain; demand 4-Azfs
cables 4.43A.
France: demand SIS.
Italy: demand 5.S3.
Belgium: demand S.42.
Germany: demand .33H.
Holland: demand $3.50.
Norway: demand 1850.
Sweden: demand 25.s4-
Denmark: demand 21.20.
Switzerland. demand 1880
Spain: demand 1852.
Greece: demand 4.o0,
Poland: demand .02ss.
Czechoslevakia: demand 1-s4.
Argentine: demand 3612.
brazil: demand 1919.
Montreal: .9s 7-16.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Peoria Cash Grain.

Peoria, ILL.,. May Corn: re
eeipts, SO cars; nc higher; No. z
white, 62hc; No. white, 611sc;
No. white, 6eAc; No 8 white,
59A 659A: No. yellow, &c; No.
3 yellow, 61Q61A; No. 4 yellow.
5S4 No. yellow, 5SA NO. o
yellow, 58Ac; No. 2 mixed, 61A C..
Oats: receipts, s cars, unchang-
ed: No. white. 411a; No 3 white,
$50 sec; No. white, 371z Q5Sc.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
New York Money.

New York, May a.-LalI mehey
strong; high, 5; low, 4; ruling
rate, 1; closing bid, Al; offered at
&: last loan, 5 per cent,
Call loans against acceptanees.
Tins loans: Steady; so days
and so days; Az; six months, ~
@4n per cent. 80
Prime mercantile paper, IA "a
AZ per cent.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Chicago Potatoes.

Chicago, May ?. = Potatoes.
steady; receipts 80 cars; total
United States shipments 694 cars
Wisconsin, sacked, round whites,
10000 cwt; ditto, bulk, 200g
EOS cwt.; Michigan round whites,
bulk, EOS cwt; Canada, sacked.
white varieties, Els cwt.
New stock: steady; Florida dou-
ble-headed barrels, Spaulding
Rose, No. 1, 6.50@6.75; No. .. $50.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Chicago Produce.

Chicago, May 2.-Butter: Lower;
creamery extras, 50; firsts, 1904;
seconds, 290S0; standards, "a X.
Eggs: HigherT receipts, 37.536
cases; frsts, 23h ga; ordinary
frsts. 211a @22; miscellaneous, %
a 231a; storage packed extras,
25A @a6; storage packed tirsts,
ESQ 25h.
Poultry: Alive, higher; fowls,
81; broilers, 42Q55; ROSTERS, 16.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
St, Louis Cash Grain.

St. Louis. Mo-. May wheat:
No. red, 1.S4@136; No. 4. 1900
1.32
Corn; No. 2 white, 61Q62; No. 3,
SO.
Oats: No. white, 40; No. 3,
391s GAO.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02

Horses: Good to choice drafts,
St65G1s0; good eastern chunks,
$S5@135; choice southern horses,
$50G90.
Mules: 16 to II hands, $I75fD
210; ISL to 1913 hands. St40q 200;
141z to Is hands, $S5Q1Z0
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Kansas City Cash Grain.

Kansas City, Mo-, May Cash:
wheat: No. hard, 1.31@1.33; No.
2 red, 1.31@1,33.
Corn: No. white 5612 457; No.
2 yellow, 571a @5SA.
Oats: No white, 39439i z; NO
2 mixed, 37G3S.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
New York Sugar.

New York, May Raw sugar,
unsettled; rs cents cost and
freight. equal to 3.9S for centrifu-
gal: June "a cents cost and
freight, equal to All; Porte Rlces,
3.92.
Refined, unchanged.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Peoria livestock.

Peoria, ILL.,, May 2.-Hogs: re-
ceipts, 1000; TO loo higher;
lights, 1O.I5@104O: mediums 1918
@1040; heavies, 9.75Q10,25; pack
ers, S.49@925.
Cattle: receipts, fair; steady.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Toledo Seed.

Toledo, Ohio, May Glover,
prime cash 1890; October 11-30.
Timothy, prime cash 2.s5; May
2.s5; September $50
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
ST. Louis Futures.

ST. Louis, No. May 2.-Wheat;
May, 1895; July. 1.245s.
Corn: May, 5S%; July, $50 q
81.
Oats: May, ASA July, Al.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
IRISH SEEK PEACE.

dublin. Ireland, May 2.-Repre-
F-,atives of 10th branches OF the
rAn Republican army signed a
-'ement with proposals to avert
catastrophe.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
CHICAGO FUTURES
by TIE Assac.ased Press.
Grain
Chicago Cash Gram.


Chicago Cash Gram.
WHEAT.
No. 2 red. 1887 Q143A.
No. l hard, LA
No. ? hard, 1.43Q LA.
No. 8 hard, 1.40A.
CORN.
No. mixed, 62A q 6SA.
No. mixed, 61A Q61A.
No. mixed, 5a1e @60n.
No. ) mixed. sax.
No. 2 yellow, esq 6314-
No 3 yellow. 611a 962A.
No. yellow, 61L.
No. ) yellow, cog 6012.
No. 6 yellow, 59@60.
No. white, 63q6 31s.
No. 3 white. G2A @62A.
No. white, 6lQ6212.
No. s white, So.
Sample grade, 81 Il a 5S.
OATS
No. 2 white, 40Q41A.
No. ) white, 3SA @391a.
No. 4 white, S7A 43S12.
Sample grade, 35Q35A.
OTHER GRAINS.
Rye: none.
Barley: 63@72c-
Timothy seed: 4.59@ 500.
Glover seed: 00q 2200.
PROVISIONS
Pork: nominal.
Lard: 1895.
Ribs: 1880 1900.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Weather Forecast

Illinois and Indiana: Unsettled
weather tonight and "Wednesday;
probably showers; not mheh
change in temperature.
wisconsin. Missouri and Iowa:
Probably showers tonight and
wednesday; not much change IN
temperature.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Silver.

New York, May 2.-Foreign bar
silver .6SA; Mexican dollars 81 Is.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02

workman in French iron works
sesn retired on a pension after
saunaous employment of So years.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Local Stocks

Quotations furnished by 4. G.. Geehrane
Co. 3oe Best Bldg
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02
Flour.

Minneapolis, Mimi May -
Flour. unchanged to 20 cents high
err. Family patents. s,2oGs.25 per
barrel in IS pound cotton sacks.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-02

More than 30 per cent Of the fatal
accidents which occur in 0alo IN
dustries are those of foreigners.
The Washington times., 1922-06-16
SLAYER TRIES TO DRAG
GUARDS TO THIRD RAIL

NEW YORK. June lion the
way from Batavia. n. Y, to Sing
Sing yesterday tC enter the death
house. following his conviction OF
first degree murder. John Soesroda.
twenty eigh,. made a spectacular at.
tempt to e,ectrncute himself. John
Hubert. the State's official electrrcu-
toner, was d witness to the attempt.
Sossrods ives convicted OF instieating
the murder OF a rival in love. With
David Garret, sheriff of Genesee
county, as one guard, and hsnd-
cuffed 10 John McN,sh. q deputy,
Soesroda Set out for Sing Sing. Al
Harmon, three miles from Sing Sing.
passengers for the prison left the ex-
press TO take a local to Ossinning.
The platform at Harmon In sur.
rounded by a maze OF third rails
Walking up and down the platform,
Soesroda. who is a molder by trade
and powerful. suddenly dashed for
the rails, dragging with him the dep
uty to whom he was handcuffed. lie
was overpowPred with difficulty and
put on a local train.
The Washington times., 1922-06-16
HARDING FACES
STRENGTH TEST
IN b0NUSF|CHT
Bitter Struggle Looms If SEN
ator McCumber Presses
Present Plans.
BY j. BART CAMPBELL.
International News Service.

A bitter battle between Republican
Senators appeared today to be the in
evitabie outcome OF the refusal OF
Chairman McCumber Of the Senate
Finance Committee to accede to the
expressed desire OF President Hard
ing that the tariff not be displaced
for the soldiers bonus.
Even Administration supokesme1
conceded before the expected fight
was over the Presidents party leader
ship and his ability to influence the
Senate majority to carry out his
wishes would probably be put to a
severe test.
Some Administra ton leaders
threatened openly IL McCumber per.
sisted in carrying out his plan 10
sidetrack the tariff and force tho
passage of a bonus bill. despite the
Presidents pronounced opposition 10
such a course. II was not unlikely the
President would be strongly inclined
to veto whatever bonus legislation
was finally submitted to him for his
approval.
Senator Lenroot OF Wisconsin wss
among the supporters of McCumber
on the Republican side who predict
ed the motion MoCumber planned tn
make Monday to set aside the tariff
for the bonus would be adopted by
a substantial ma jority, and the pas
sage OF the bonus would be certain
10 follow.
Other Republican Senators WHO
favor the bonus declared they were
not taking seriously the threat OF a
filibuster enamating from some OF
their COLES gues who are opposed 10
1t. They pointed out a numbc, oc
the bonus foes are too des!rous for
the enactment Of the tariff 10 per.
NIT II to be DELAYED in definitely
The Washington times., 1922-06-16
CAR FIGHTS
kEYBR|DGE TAX
ON PASSENGERS
Repeal of Provision or q
Higher Fare Asked IN Let
ter to Keller.

Application to construct a doubls-
track extension on the new Key Ne
mortal bridge and to operate cars
betwesn Geofketown and Rosslyh,
has been filed with the War Depart
ment by the Capital Traction Com
pany. II the department approves
the application residents OF nearby
Virginia points viii have transporta-
ton facilities next spring when TIE
cross river service, now maintained
by the Washington and Old Domin-
ion Company will 60 out OF existence.
The project will cost about $780,
600. Under a provision of the Key
bridge act, a TAX of half cent per
passenger will be imposed on the
company. As q result the street
railway company will charge half q
cent bridge fare and two tickets will
be sold for q cent. - =.
In a letter to the Public Utilities
Commission, George u. Hamilton,
president Of the street railway com
pany, pointed out that the half-cen.
fare is not imposed on persons trave.
ing In any other form OF vehicle -
Beca use Of the imposition Of IT,
tax the Capital Traction compDS
was scluctant to start the constr<c
ton. but after hundreds Of lettsss
urging the extension OF the tracSs
were received by the company tn
need for the additional transport
ton facilities became apparent
Following In an extract fro'
Hamiltonls letter. which was wr,
ten to Col. Charles e. Keller, eng
neer commissioner OF the District
As we stated to you We are NO,
seeking this extension, and wouh
only undertake Il to meet tn.
wishes and needs of the, public. and
on terms fair and equitable, and
we could not do 90 unless the tax
OF a half.cent per passenger abos.
referred to is repealed. or an add,
tional fare authorized by your boar!
OF one-haf cent on all rides ovcr
the bridge. ...-.. -
plans for the operation OF carr
over the bridge have not been com
pleted, but work viii be begun n
soon as final approval is river.
Owing to construction conditions on
the Virginia side Il n not probable
the necessary loop there can b.
installed before spring and In con.
sequence the Ola Dominion Com.
pany will continue tn cross-rivet
service until the Capital Traction
construction is completed. When
the new line 10 opened two bridss
tickets win be sold for one cent.
Throuxh routes viii he estnblishrd
from the Virginia side 70 al parts
of washinston.
The Washington times., 1922-06-16
MADAME NAOMI

Tells Just what you want TO know with
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affairs. love affairs and. In fact, every
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moves all evil Influences. tells you how
70 gain success in business. love, mar
riase. health. law suits, speculation and.
In fact, everything. She has helped thou
nds. She can help you. Special $500
reAdinss 80 cents
III lih ET n w