davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
Bond Market
by STUART P. WEST
Copyright 1921

New York, May 5. = Compare
tively few changes occurred III .ne
price movement of bonds on tae
stock exchange today. II the silehe
hardening of the call money rate
had any effect at all, it only servea
in part to steady the general Isl.
Interest in foreign external loans
conferred in the British and french
issues. The former were strong
with special demand for the loans
of 1922 and 1929, which responder
to the rise of sterling exchange 10
its highest in three years french
republic 71ss and IS were again
heavy. They got fractionally under
Thursdays low figures. French
municipals however, held 1alriy
steady. Liberty bonds stood sui:
Greater New York Traction Is
sues remained active and strong,
Brooklyn Rapid Transit per cent
certificates reached new nlSh
prices. Their rise of two or more
points was due to the favorable re-
port of Brooklyn Rapid Transit OPP
CREATIONS for the past several
months. marlborough RAPID
Transit refunding IS, the oustand
ing feature OF this weeks bond
market, held their ground, selling
lust below "A, most of the time.
marlborough Metropolitan 433
and New York Railway 5s moved
rather unevenly.
In the railway section the Chi
caso and Eastern Illinois IS were
particularly strong. The majority
of speculative railway mortgages
as we'll as the high priced issues,
were firm. Industrial bonds were
irregular with new high prices for
Carro de Pasco IS and Bush Ter
minal building IS and gains of a
point in Consolidated Gas rs ana
American Cotton Oil 5s.
A new issue of S5,090,000 Utah
Power and Light company per
cent gold debenture bonds was
heavily oyersubscribed. The bonds
were sold at 81 and interest.
Over SS,00O,000 Remington Arms
company first mortgage 6 per cent
sinking fund gold bonds also went
off satisfactorily. A New York syn
dictate reports the sale of 100000
kroner of kingdom of Norway 90
year per cent bonds. The city OF
Philadelphia will receive bids I'M
til May 90 for $2,447 900 per cent
20 to 30 year bonds. The interstate
commission continues It's
approval of a number of railway IS
sues, among them a S5,0OO,OOO Is
sue of first mortgage 15-year gold
bonds of the Missouri and Northern
Arkansas railway.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
STERLING HITS
HIGHEST MARK
IN THREE YEARS
BIZ STUART P. WEST.

wall Street, New York, May s.
The important incidents in today's
fnaucial markets were a new high
reeord for the year in sterling ex-
ehange and huge expansion in Ger
man note circulation, reported by
tbe Reichsbank. Crossing $4.441s,
startling not only established a rec
ord for 1922, but stood at the high
81 in three years. The most inter
s.sing part about this movement is
tsat IL has been entirely distinct
from that OF the other European
rrrrencies. 1t has not been halted
i;ke the rest by the uncertainties
atsaching to the Genoa conference
,ra German reparations. 1t has
heen a plain record OF Great Brit
aims improved relations in the for
sign trade and of the balancing OF
tks British budget to such good
nurpose that, first among the ma
ions of the world. England has re-
dueed its income tax.
The Jump in German note circu-
lation during the last week equal
"A the hitherto unparalleled in
crease of the first week of April
II amounted to 1880 ,000, 900 marks.
This brought the total up to- 140,-
anfl 600 900 marks, as against 49,
sac 600 900 at the beginning of the
wear and 72,000,000.000 not quite a
wear ago, before the start of in
demnity payments. In other words,
the terrific strain upon German f.
uances is indicated by the fact that
naper money outstanding has near
iy doubled within the last IL
months and is 20 times greater than
II was before the war.
1t became perfectly apparent that
Thursdays decline had been mere
" a temporary check in a stock
market. the main tendency of which
was still upward. AS soon as it
was discovered that the selling
movement had run its course, the
Wall street pools got busy again
and one after another following
the usual formula, large array of
speculative favorites were bid up.
Very little was to be said about
any Of these movements. that is
anything in the way of news. They
simply demonstrated that the spec
ulative interests which have been
guiding the market for the last four
months have not lost their grip de-
! spite the advance in prices. No
doubt it was a matter of encour-
agement to these operations that
the slight signs of hardening early
in the week in call money quite
disappeared. The renewal rate,
which stood yesterday at Az per
cent, was fixed at AZ. Time money
was unchanged, but rates on bank
efs' acceptances-Quite as fair a
measure as any Of the lendable
money supply-were reduced "a
per cent, a new low for the year
and indeed the lowest for six years.
II the easier drift in money help
ed the speculative market, it had
no discernible effect upon the in
vestment list. Nearly all the rep
resentative government issues were
unchanged and the same tendency
showed in the market for Liberty
bonds and the higher grade Of rail-
way mortgages. 1t was notewor-
thy that French government secru-
tiles were again under some pres
sure at the lowest prices at which
they have recently sold.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
Market
BY STUART p. NESY
(Copyright. 1322.l

New York, May 5.-Firmness and
caution were characteristics in evil
dence in the dry goods market to-
day. Prices held their recent ad-
vances both in wide and narrow
print cloths and it seemed evident
that there was a considerable
amount of business in sight for
June and July delivery, but mills
declined for the most part to con-
slider such commitments at pres
ent prices and are still waiting foT
the raw cotton market to settle
down. Sheetings were in good de-
mand and drills were strong. The
market for fabric for rubberizing
was active and tire fabrics were in
good demand. The raw silk market
was firm with a somewhat broader
tendency to purchase among man
ufacturers. Thrown silk was
strong.
WOOL.
Boston, May 5.-The keenness of
competition among buyers of wool
in the west has been reflected here
and there as a tendency of holders
to wait for higher prices, The for
eign markets were reported very
strong and are being closely
watched for chances to fill Ameri-
can requirements. There was
somewhat of lull in pulled woods
Shipment of wool from the west
are coming in slowly although con-
siderable amounts are expected by
water from the North Pacific ports
in the near future.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
ocratic party on the part OF
Cox.
Wanted Third Terml

OCIdl par ~ OA lAC P1AI Va -HA'
Cox.
Wanted Third Term?
At the same time another story
with circumstantial background is
current to the effect that Mr.. Will
sons present ideas on his leader
ship of the party have a relation
to what occurred in the mystifyinS
days OF the last Democratic ma
tional convention at San Fran
cisco when Mr. Wilson was in
Washington and declined TO permit
his influence to be used in behalf of
any candidate. The story is that
Mr.. Wilson wanted the nomination
for a third term as compliment,
that he realized he was physically
TOO weak to continue the arduouS
tasks of the presidency in third
term but that he felt he ought to
have been nominated and thus ne
given an opportunity to decline the
honor. Mr.. Wilson is reported By
his friends as having felt that he
had earned the compliment and
that his party should have recog-
nized it. Postmaster General
Burleson, who went to San Fran
cisco, is credited with a knowledge
of Mr.. wilson's wishes but was I'M
able to influence the party leaders
to pay the compliment
Now that Mr. Wilson is out of
office he feels the same, namely
that he did enough for the Demo-
cratic party to entitle him to lead.
He wants to feel that he is at any
rate leader emeritus and that the
others in the party should follow
him. No one believes Mr.. Wilson
wants to run again though it would
not be surprising if his return to
health should stimulate him in
thinking he could make the race.
For many months. incidentally, the
wave of sentiment in the direction
of wisconsin on the part OF the
Democrats who left the fold in 1890
has been so encouraging to Mr..
Wilson that his friends say he be-
lieYes sincerely the tide has turn
ed again and that he is being vim
dicated. The tone of his recen:
letter on political subjects has
been pointed to as an evidence OF
Mr.. Wilson's unbounded enthus-
iasrn to participate in some way in
the next political fray and that hi
will take a conspicuous part in the
! congressional campaign before
many weeks have passed. What
ever any one else may think of Mr.
Wilson's influence in the country
the former president himself thinks
! it is undiminished.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
Chicago Potatoes.

Chicago, May POTATOES, very
weak; receipts, 60 cars; total Unit
ed States shipments. 9SS cars; Wis
consin. sacked and bulk, round
whites, 1.70@1.75 per hundred
weight; Minnesota, sacked, round
whites, 10 per hundredweight;
Idaho. sacked rurals, 1.S0 per hun
dredweight.
New stock, weak; Florida. dou-
ble-headed barrels, Spaulding rose
No. /, 6.25@6.50; No. ., 4.25Q450.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
Street Features
BY STUART p. WEST
tCoypright. 1921
STEEL.


The untitled tonnage statement
of the U. S. Steel Corporation due
to be made public next Wednes-
day and covering bookings for
April, will show an increase of be-
tween 100000 and 600, 700 tons OF
untitled orders. The previous
month showed an increase of 355.-
079 tons. The April figures there
fore make the largest month In
bookings since May. 1920. while the
total untitled orders are brought
above 100000 tons, or the largest
since June. 1921. Operations at
the present time are running at
about 80 per cent or again of per
cent in the last two weeks.
ALLIED CHEMICALS.
Allied chemical and dye is now
reported getting the benefit of the
increase in building and road marx
ing preparations through the Bar
rett company while Semet Solvay,
another unit. Is showing to better
advantage through the recovery in
the steel industry. Allied Chemical
las tyear reported net earnings of
1927 a share for the common stock,
but this, it is anticipated, will be
materially bettered this year. Net
tangible assets are set down as
$3.50 a share for the common.
During 1921 the minority interest
in the Consolidated companies was
reduced from $4,6o0,0oo to $780,
000
STUDEBAKER.
Unofficial estimates of Studebak-
er's earnings for the current quarter
set the figure at approximately $40
a share on the common stock as
compared to the present dividend
requirements for the full year of
81. 1t is noteworthy, too, that this
figure IS about IS in excess of the
first quarters earnings. Stude-
baker will have turned out 10000
cars from April to July, making a
total of about $4,000 cars for the
first six months of 1922-within
six thousand of last years total
production. The company now has
the greatest volume of business
in its history and its dollar output
for 1922 will be the second largest
in the automobile industry.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
Weather Forecast

Illinois: Fair tonight; Saturday
increasing cloudiness, becoming
unsettled; somewhat warmer to-
night in south and central por-
lions.
Indiana: Fair tonight; Saturday
increasing cloudiness; somewhat
warmer in extreme south portion.
Wisconsin: Increasing cloudiness
tonight; Saturday unsettled; prob
ably showers and cooler in west
and north central portions.
Missouri: Fair and somewhat
warmer tonight; Saturday unset
tied
Iowa: Increasing cioudiness to-
night; Saturday unsettled; proba-
bly, showers and cooler in west and
north.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
TRUCKEE, CAL,
rs SWEPT BY FIRE

Truckee, Cal, May 5.-This town,
scene OF most of the winter scenes
which have appeared in motion
pictures for many years, had a
large part of its business section
destroyed by fire last night and for
a time 1t was thought the whole
town would be burned. The dam
age was estimated at $4,000.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
Liberty Bonds
Chicago Produce.

Chicago. May 5.-Butter. I'M
changed.
Eggs, steady: receipts, $500
cases; firsts. 24924ac; ordinary
frsts, 2111 022; miscellaneous, %
@23hc; storage packed extras, 26
@26Ac; storage packed frsts, 251s
@25Ac.
Poultry: alive, lower; fowls, Csc;
broilers, 3S@45c; roosters, 15c-
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
Horses and Mules.

Horses: Good to choice drafts
s165@190; good eastern chunks
$S5@135; choice southern horses
S50Q90.
Mules: 16 to IT hands, $175q
21O; ISL to 1913 hands, s140@200
141h to Is hands, $85@120.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
LiUe Stock
Chicago Livestock.

Chicago, May s.-Cattle: Re-
ceipts $500; fairly active; quality
plain: generally steady on all
classes except veal calves which
are Csc higher; bulk beef steers
7.60@S.40;- bulk veal calves 5000
SIS; to packers few up TO 800;
shippers paid 9.25 and above on
handy weights.
Hogs: Receipts 1900; active;
lights &c to 10c higher: medium
and heavy butchers strong to loo
higher than yesterdays average;
top 1910; bulk 1910 to 1855; pack
ing sows strong; pigs strong to 10c
higher; mostly 1925 to 1850.
Sheep: Receipts 5000; few loads
good handy shorn lambs steady;
early top 1475; others dull; sheep
sharply lower; good heavy shorn
ewes 800: some bid lower; good
handy shorn ewes $50.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
KILL TWO IN GUN BATTLE.

Canton, Ohio, May 5.-Two men
were killed and five wounded in a
battle between posse and four
gunner.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05

All the news all the t.me-The
Argus,
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
Silver.

New York, May 5.-Fore;gn bar
silver. 1913; Mexican dollars,
.55k.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05

HalIey's comet travels about 24S
miles a second.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
Local Stocks

Quotations furnished by A. G. Cochrane
Co., 300 Best Bldg.)
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05

Collecting costly snuff boxes was
once a fashionable fad in England.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-05
WILSON STILL
HOLDS REINS
ON DEMOCRATS

Continued from First Page.)
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-06
MADDEN MAY BOX FULTON.

NEW YORK, Jan. 6.-Bartley Mad
den, west side heavyweight, is now be-
ing considered as 4 prospective opponent
for Fred Fulton, Minnesota heavyweight,
who is seeking to re-establish himself as
logical rival for Champion Jack Demp-
sey. Promoter Tex Richard has been
negotiating for a bout for Fulton at
Madison Square Garden, Jan. 49, but to
date mas been unable to secure a rival
for the Minnesota boxer. Bob Roper, Chi
cagO heavyweight, was regarded as q
likely opponent for Fulton, but his fnan-
Cial demands caused the promoter to dis
card his plans in this direction. Richard
is now dickering with Madden for ten
round bout.
Battling Levinsky, American light
heavyweight champion, and Gene Tunney,
Greenwich Village koxer, are scheduled
for ten rounds in the near future.
The attraction at the Garden on Jan. 20
probably VIII be q return meeting be-
tween Joe Lynch, former worlds bantam
weight champion, and Midget Smith. 1t
is reported this match is practically
closed for fifteen rounds. Smith has two
ring engagements scheduled previous to
this bout. He is booked for battles in
Philadelphia on Jan. 8 and II. Under the
State athletic commissions rule prohib-
iting boxers from participating in local
| bouts within eight days after d previous
ring enGa cement, a Encouragement of the
Quaker City dates for Smith will be
necessary If he is to box Lynch on Jan
20. Otherwise, the date of the proposed
Lynch contest viii have to be deferred.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-06
Big Salaries Turn
Players From Idea
of Sport to Money
Jennings Recalls Old Days
and Says Money Madness
Baseball Menace.

NEW YORK, Jan. cit is Tut natural
for the old-time ball player to envy the
luxury the modern athlete enjoys. The
veteran can be excused, too, for speaking
of 1.-The good old days when there was
real baseball" These things must be,
but the old timer seldom converts any
modern fan to his belief, however re-
spectful the attention he gets.
But when a man of the caliber Of
Hughie Jennings speaks, his views mean
etbing.
Hughie doesn't contend that baseball
is going to the dogs-doesn't admit that
it IS now any better than it was in the
'9Os doesn't contend that it is any worse.
But he does insist that the quick gain
through the large salaries and the high
state Of commercialization the whole game
has reached have turned the thoughts Of
ball players away from the playing field
and toward the financial side Of the
sport.
what player Of this day and time
would you find practicing without salary
and without orders to do so two weeks
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-06
BIG JAM THREATENED.

PORTLAND, Ore, Jan. 6.-The biggest
bargain ever offered local boxing fans
the chance to see a bitter grudge fight
with four preliminary bouts thrown in,
all for nothing but the IA cents carfare
or the price of a taxi-is drawing like q
mustard plaster.
en- in the Milwaukee ARENA converted
car barn-Monday afternoon when Bill
Tate slid on his ear in the first round
and copied the colored boxing title from
Harry Wills. The ending had such an
unhappy effect on the spectators that the
Milwaukee commission believed boxing
had been killed Hence it was arranged
the fighters should fight again tonight.
There were nearly 5000 men and WON
en- present Monday, and they were told
that they could get their old seats back
for nothing. But already more than 5000
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-06
NIsDlit1h3lIPaUjtGSs O : The T RR R1NG
SOLLY FALLS
BEFORE TAYLOR

TERRE HAUTE, Ind. Jan. 6.-Bud
Taylor, Terre Haute, knocked out Solly
Epstein Of Indianapolis in the first round
OF their scheduled ten-round, no-decision
go here last night Both boys are ban
tamweights. Taylor completely outclassed
Epstein, who got in only one effective
blow, while he took a rain Of rights
and lefts to the jaw and head.
Epstein lasted just L minute and 81
seconds with the Terre Haute boy, and
R1uring the time had taken a count of
: nine before he was cOrnered for the fin
fishing punches, which left him lying
helpless against the ropes. Jack Dillon
was the third man in the ring.
This was Epstein's second time in his
career as boxer to feel the knockout
punch, and Bud Taylor is the boxer
who administered both knockouts. Tay-
Tor stopped the indianapolis boy about
three months ago in the ninth round of
a scheduled ten-round bout.
Epstein failed to make the required
weight for the contest last night. When
the boys weighed in at o'clock in the
afternoon Epstein weighed 1871 pounds,
while Taylor weighed 113 pounds. The
boxers were to make 116 pounds for the
contest and Epstein lost his forfeit.
Nearly 200 boxing fans from Indian
apons were in the delegation which came
to Terre Haute for the contest.
Max Epstein, younger brother Of Solly,
knocked out Jimmy Watson of Gary iE
four rounds in the semi-fnal bout on the
Epstein Taylor card. Epstein was too
made a big hit with the crowd for he
forced the fighting with his opponent
and fought hard from the tap of the
gong until he put over the sleep punch.
Ray Welsh, indianapolis lightweight
was outpointed by Jack Barnhardt, Terre
Haute. in q six-round preliminary.
In the opening "prelim" Harry Demp-
sey, indianapolis, was stopped by Billy
Long, Terre Haute, in the first round
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-06
GEORGES MATCHED
WITH KID LEWIS

LONDON, Jan. 6.-Georges Carpenter,
light heavyweight champion of the
world, ha, signed to meet Ted Kid
Lewis here in March and will not go to
former lightweight champion, has the
French boxers word that he will meet
Lewis, who has long sought match,
in London, about March 10, for a
fl 900 side bet and a purse.
Lewis who once won the world 6
welterweight title from Jack Britton,
only to lose it back to the American
fighter, easily captured two British
championships since starting his cam
grown heavier, too, and is considered a
good match for Carpenter by English
critics.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-06

series against the Giants, and McGraw
decided we must lose no time in perfect
ing them. So, without orders from Han
lon or anybody else and for pure love of
the game-of victory-we went out and
II do not say that this desire to win
has been eliminated from baseball-far
from 1t. If It ever were the sport would
be hopelessly lOst-wOuld fall imme-
diately into the hands of gamblers. The
Unborn desire to excel, regardless Of
whether one is being paid for it or not,
is one of the greatest safeguards Of the
honesty Of the pastime.
Even those misguided players of
Kid Gleason's must have felt that spirit
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-06

after the worlds series was over?" asked
Hughie. well, that is exactly what
John McGraw, Willie Keller, Kid Gleason
and I did in the fall of 1894, just after
Johnny Wards New York Giants, run
ners-up in the league race, had beaten US
four straight games in the Temple Cup
SERIES
Il am not holding my teammates and
myself up as martyrs or anything of the
sort. I merely cite this instance to prove
the actual love Of the game every man
on that Oriole team had. Our gain
two more championships end two Temple
Cup series for us.
Lack of those same plays cost US the
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-06

Notre Dame University wrestling in
structor, and other we'll known mat
artists, has won him fame. Schober also
defeated Ross two best falls in three on
Dec. IL, at Freeport, Ill.
is a game in which there is so much to
learn that a man never Is at his best
until he is at least 80 years old. Schober
is 80 years old and is in good physical
condition. With the recent revival of the
mat game in indianapolis Schober is
again planning to appear in a wrestling
bout in his home city and he wants to
meet Jack Reynolds or any other wrestler
near his weight.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-06

men and women have come, phoned, or
written to Frank Kendall, TIE match
maker, told him just where they sat, and
demanded their tickets.
Those who had kept their stubs now
have their tickets. Those who lost their
stubs, but convinced Kendall they are
honest, also have their tickets. Others
are just ''unlucky."
There will be an extra force of police in
and around the arena tonight to handle
the thousands of fans who will attempt
to get in.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-06
MOORE VS.. TREMArNE.

CHICAGO, Jan. 6.-Pal Moore, bantam,
champion, at Milwaukee, is nearing the
end of his training grind for his eight
round scrap with Carl Tremaine at Mem
phis on Jan 8. Moore went through ten
rounds of strenuous boxing at the Arcade
gym Yesterday.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-06

rising in their breasts even when they
had sold their team out To have to sub
merge that healthy desire for filthy gam
blers' money must have hurt the souls of
even the blacklist of the Black SOx.
There is not bit of doubt that this
money madness has dimmed the players
passion for victory, but l am thankful
that It never can be altogether elimi-