davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
CREDIT ARMOUR
WITH SUPPORT
OF CORN TRADE

Chicago, Jan. 16.-It was an ex-
tremely narrow market in wheat
today. There was selling by houses
with cash connections which
started the market lower. On the
dip there was persistent buying by
a house believed to be spreading
between here and Minneapolis or
Winnipeg. There also was buying
by pit professionals and later Ar
mour was credited with buying. On
the bulge there was some selling
by an Omaha house. There was
pressure on the July because OF an
Oklahoma report which raised the
condition of the winter wheat crop
from Al to 81 because of recent
rains. Receipts are slightly heav-
Ter. Seaboard reported evidence OF
some business working in export
wheat. Milling demand was poor.
United States visible supply de-
creased 1,441 900 bushels last week.
Corn held fairly steady. There
was a slightly easier tone at the
start, but good support developed
on the market and prices recover
cd. II dS ~ tAAbAtA
was supporting the market. The
visible supply decreased $4,000
bushels last week, which was re-
! assuring to holders. Depite heavy
receipt today cash corn on spot
sold readily at unchanged prices
Export demand was fiat and there
was no inquiry from buyers Oats
were very dull Prices were
fraction lower in sympathy with
wheat Receipts were larger and
cash discounts were slightly wider
Shipping demand was slow Visi-
BILE supply increased 10000 bushels
over last week.
Provisions held firm. Big exports
caused scattered buying while pres
sure was light. Cash demand was
good.
The wheat market closed uuiet,
unchanged to &c lower. May
s111A to s1119s; July 800 to
$1OO1k. Corn unchanged, to &c
higher; May 527s; July SAY. Oats,
Il to &c lower; May 38A July
3STs. Pork closed unchanged; lard
1 5to 1715c higher and ribs 2215c
higher. Local cash sales were
1000 bushels of wheat, 10000:
bushels of corn and $4,000 bushels
of oats.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
WALL STREET FEATURES

made the offering price that figure.
Allis Chalmers, which has been
consistently strong all through the
recent market, went through 40 on
active trading. Its latest earnings.
together with the generally i'm
proved outlook for business in its
line. have given confidence in the
stability of the per cent dividend,
as 4 per cent dividend payer rea-
sonably sure of maintaining it, the
stock has been selling too low.
WESTERN UNION.
Western Union stock sold down
as low as rs last summer on talk of
reduction in the dividend How
poorly founded was this gossip, is
now brought out by the annual re-
port showing sea a share earned
az against 81 distributed. Gross
business began to pick up toward
the end OF the year, but the main
thing was the better control which
the company got over its operating
expenses. AS a result of this dur
ing the last quarter it was able to
more than Offset the decreased
gross and report small net in
creases over the period last year
Another striking feature is that this
good showing was made without
any skimping of maintenance and
depreciation. In fact $17,753, 600
was appropriated for these items
in 1921 against SIT 1882, 900 in 1920
GULF STATES STEEL.
Gulf States Steel was the feature
of the market with a violent up
ward movement. There are several
factors which contribute to make
this stock a speculative leader
First of these is that control of the
company is now in the open market
due to the fact that the voting trust
which tied up control expired last
month and at least two interests
and perhaps three are reported
fighting for control. In this con-
nection Gulf States Steel common
stock holders were in receipt of a
circular today asking them to grant
options on their stock. the options
to run until March l. This circular
was sent out by a firm of Jersey
City lawyers who were understood
to be acting 70 ra syndicate OF
which several Birmingham men are
members. Another thing which af-
fects Gulg States Steel is that
should Henry Ford get Muscle
Shoals, he would have to have Gull
states to round out his enterprise
/ The name of Henry Ford has been
connected several times recently
with Gulf States Steel and he isl be-
lieved to have been a heavy pur-
chaser of the stock.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Bond Market
BY STUART 2. NEST.
By STUART P. WEST
tCopyright. 1922.)

New York, Jan. 16.-Although
the subscription books for the new
So, 000, 900 southern Railway COM
pany development and general
mortgage per cent bonds Will not
be opened until 10 o'clock tomor-
row morningat the Offices of j. p
Morgan, syndicate managers; it was
the beiier in banking circles this
afternoon that orders have already
been received heavily in excess OF
the issue. The bonds will be Of
fered at 94h to yield more than
$50 per cent. The proceeds from
the sale will be used to meet the
maturity on March of the COM
pany's three-year secured gold
notes to pay a. demand loan owed
to the war finance corporation and
to reimburse the company's treas
ury in small part for capital ex-
penditureS.
The government today announced
its Official sanction of S5,00O,O00
loan to Cuba, made possible be-
cause of the fact that the Cuban
government had materially reduc-
ed its budget for the coming year.
An additional loan of $50 .00O, 600
for Cuba is now under considera-
ton.
Harris Forbes & Co. are now Of
fering 100000 Providence, R. l.,
Az per cent water bonds maturing
in 1862.
Bonds on the stock exchange to-
day continued active and generally
strong. There was some slight
oh hn q
in all sections of the exchange, but
the market retained its firmness-
The movement in Liberty bonds
was the same as on the last few
days of the previous week. They
were soft, while the loans of for
eign governments. were steady.
Dominion of Canada IS of 1926 and
1881 both rose to their. highest in
over a year. Belgian 712s and IS
and Toxic 5s likewise struck neV
tops
Transit refunding 5s got to 62 for
the first time in two years and
Third Avenue Adjustments IS ad-
vanced five points to record price
around 49, Industrials were active
ly dealt in. Steel Sinking Fund
5s sold down to 100ss and then rail-
lied to new high for over year
at 1914.
The sugars were especially
strong and better prices were
reached in the Chile Copper 6S
Smelling 5s and Standard Oil of
| California rs. Goodyear IS of 1941
were weak
In the railway section Delaware
G. Hudson convertible rs reached %
! for the first time this season. The
| St. Paul and Fries were up hall
point or so and about the same
amount of advance in the Frisco
adjustments. Louisville & Nashville
| 51as, New Haven 6s and Baltimore
/ & Ohio As On the other hand,
| Union Pacific As were off a point
and fractional losses occurred in
Southern Pacific As and Great
| Northern Is.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Curb Market
BY STUART p. WEST
(Copyright. 1927

Wall Street, New York, Jan. 16.-
The higher priced dividend paying
issues were the features on the
curb exchange today Just as they
were the leaders on the stock ex-
change. Kirby Petroleum was one
of the most active in its depart
ment. The stock was heavy for a
time but later rallied on the an
nouncement of an advance of rs
cents to S1.25 per barrel in the
price of crude oil in the Mexia
field.
Mountain Producers was active
and strong aud so was Imperial
OilNof Canada The advance in the
oils extended TO Simms Petroleum
& International Petroleum and
there was active buying in Stand
ard Oil of New York, Vacuum,
Prairie Oil and Gas and other high
priced oil shares.
Eastman Kodak stock when is
sued was traded in for the first
time selling at 7215- AS 10 shares
70 the new stock will be exchanged
for one share of the old stock this
price is equivalent to S725 for the
latter, a substantial advance over
recently prevailing levels. Gillette
Safety Razor held strong. There
was a good demand for the high
priced tobacco stocks, r. ]. Reyn-
olds and British-American Tobacco
being fairly active and higher. The
Radio issues, especially, the COM
mon stock. were strong Lincoln
Motors started higher, but met prof
it-taking and reacted. Allied Pack
ers moved up sharply in sympathy
with the sharp advance in the
bonds
Firmness prevailed in the bond
market with considerable activity
in some issues. Advances gener-
ally were confined to fractions but
there were some exceptions, no.
tably Allied Packers 6s, and Inter
borough SIS. which were in urgent
| demand
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
MMP RAUS


Railway stocks had the best day
they have had in q long time, tax
ing the high prices reached at one
time in comparison wit hthe Satur-
day closing Again, however, 1t
was the higher priced dividend
paying issues that were favored,
investment more than it had a spec
ulatiye impulse. The so-called
junior rails traiied along, but few
of them did anything remarkable.
The most spectacular feature was
the runnerup in Atchison, which
went from 9s to par on the change
of only 100 shares. This demonstrat-
ed the small amount Of the stock
floating around the street. But
after the 100 mark was reached, Of
ferings came in more freely. The
fact that Atchison earned in a year
of great depression between Is and
IL per cent, and that higher divi-
dends are in prospect, has been all
used too frequently in this column.
There was nothing else behind to-
days advance. Union Pacific at
$50, Southern Pacific above 80, IlIf>
nois Central at 102, New York Gem
trail above 70 and Norfolk and West
ern above 80 were all well up to
their highs of 1921. There was
nothing unusual. however, in con-
nection with their advance. 1t was
simply another manifestation of the
investment demand which mas been
sweeping through the bond market
and which is now appearing in in
creasing degree in stocks which
have any sort of investment rating
INDUSTRIAL FEATURES.
There was very little new in con-
nection with the individual moves
in the industrial division of the list,
that is, very little that had not
been pointed out before. Friends
of Studebaker were extremely en-
couraged about it's chances. One
house in its morning letter com
pairing Studebaker with Corn Prod
ucts said that while Corn Products
was reasonably certain to sell
above 125, it was not as certain Of
its dividends as Studebaker was.
Another. house which represents
large market interests in the stock
compared Studebaker with Baldwin
Loco, both z per cent dividend
payers, much to the advantage Of
the former. 1t predicted that in
coming months instead of selling
10 points under Baldwin, Stude-
baker will be selling rs points
higher. North American finally
reached its par of so as has been
expected all along in view of the
; terms or the new stock issue, which
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Weather Forecast

Illinois: Generally fair tonight
and Tuesday; rising temperature
tonight and in southeast portion
Tuesday
Missouri: Fair tonight and Tues
day; rising temperature tonight.
Wisconsin: Fartly cloudy and
somewhat unsettled tonight and
Tuesday; rising temperature to.
night in east and south portions.
Iowa: Generally fair tonight and
Tuesday; rising temperature to-
night in east portion; somewhat
colder Tuesday in northwest por-
ton.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Chicago Potatoes.

Chicago, Jan. 16.-Potatoes
steady: receipts, "a cars; total
United States shipments, $50 cars
Wisconsin, sacked, round whites
1 .9O@2.O5 per hundredweight; Wis
consin, bulk round whites, 2.00@
2.15 per hundredweight; Michigan,
sacked. round whites, partly grad
ed, 1.906195 per hundredweight:
Minnesota. sacked. round whites
175@195 per hundredweight; Red
river, sacked, $50; Idaho russets,
sacked, 2.35.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
DruGoods Market
BY STUART P. WEST
Copyright. 1929

New York. Jan. 16.-Trading IL
the gray goods market was very
light today, although leading fac
tors expressed confidence that the
demand would revive shortly. In
til raw cotton shows more stabil-
ity, however, a large volume of
business is not to be expected.
Print cloths were in fair demand
but at prices below those at which
mills were willing to sell. Prices
for 64x60, 5,35 yard southern al
So were turned down. but there
was some trading at SIS with 50
generally asked. Sheetings and
fine yarn cloths generally contin-
uei inactive.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
tBy the Associated Press.
LiUe Stock
Chicago Livestock.

Chicago. Jan. 16.-CattIe receipts.
$4,000; very slow, talking mostly
Zoe lower on beef steers and fat
she-stock; quality, plain; practi-
cally nothin gsold; bulls, steady to
weak; best heavy bolognas, AIS;
bidding lower on veal calves; can
ners, stockers and feeders about
steady.
Hog receipts, $4,000; active, 25
to 40c lower than Saturdays aver
age; top. 500 (early); out of line;
practical top. IT'S on hogs aver
aging over IT'S pounds; bulk, 1850
1850; pigs, Csc to soc lower; bulk
desirable, 7.60@7.S5; few at 500.
Sheep receipts, $1,000; uneven;
steady to Csc lower; fat lamb top
(early) to shippers, 1875; bulk to
packers (early), 1225@12.50; fat
eve top, 700; feeder lambs (earlyl
112561175.
Prices for livestock in Chicago satur-
day were:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
New York Money.

New York, Jan. 16-Call money,
strong; high, 6: low, 31a; ruling
tate' S1s; closing bid, 6; Offered at,
~ last loan. per cent.
CalI loans against acceptances,
a1a per cent
lime loans, steady; so days, 80
Gays and six months, 41a per cent.
Frime mercantile paper, Az per
cent.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Foreign Exchange.

New York, Jan. 16.-Foreign ex-
change, irregular.
Great Britain: demand, 4.22Ss
4.23k.
France: demand, s.201A.
Italy: demand. 4.4012.
Belgium: demand, 7.S1k.
Germany: demand, .54h.
Holland: demand, $3.50.
Norway: demand, 1850.
Sweden: demand. 24.90-
Denmark: demand, 1895.
Switzerland: demand, 1913.
Spain: demand, 1900.
Greese: demand 4.36.
Argentina: demand. 1852.
Brazil: demand. 1887.
Montreal, .941s.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Kansas CITY Cash Grain.

Kansas City, Mo-, Jan. 16-Cash
wheat: No. 2 hard, 1.07@119; No.
2 red, 1.15Q1.17.
Corn: No. white. 43@43h
No. yellow, 45.
Oats: No. 2 white, 36Q361a: No.
2 mixed, 34a@351a.
Rye: Tic.
Barley: 43@5Sc.
Hay: choice alfalfa, 21.50@22.5O;
No. l Prairie, 10.00@1200; No. /
timothy, 13.50@14.50; No. 1 clover,
1300014.00.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Chicago Produce.

Chicago, Jan. Butter, lower.
creamery extras 50; firsts 27@32,
seconds 25026: standards 81.
Eggs, lower; receipts 10000
cases; firsts 35; ordinary frsts 500
SO: miscellaneous 1904; refrig-
orator firsts 22@25.
Poultry: alive. lower; fowls 90 ;
springs %; roosters Is.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
CHICAGO FUTURES
Grain
Chicago Cash Grain.

Chicago Cash Grain.
Chicago. Jan. 1s.
WHEAT.
No. red, III.
No. 2 hard, ITO.
No. dark northern, 1.24I1-26A
CORN.
No. 2 mixed, ASA @4S12.
No. mixed, AK @47h.
No. 4 mixed, 45& 446A.
No. 2 yellow, Asa Q4S4s.
No. yellow, 47A Q47A.
No. 4 yellow, ASH @461k.
No. 2 white, ASA 94S1a.
No. 3 white. 4714 Q47h.
No. white, ASH @46A.
Sample grade white, AN
OATS.
No. 2 white. 361a@3S.
No. 3 white, 33% G34&.
No. 4 white, 32HQ33.
OTHER GRAINS.
Rye-No. 2, 70.
Barley-53@61
Timothy seed-5.00@7.00
Glover seed-12.50019.00.
PROVISIONS.
Pork-Nominal
Lard-9.17.
Ribs-s.0O@s.oo.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Peoria Livestock.

Peoria, Ill, Jan. 16.-HOgs: re-
eeipts 1000; 25 to 40 gents Hover;
lights 7.350z5O; mediums 1850
$50: heavies 7.00@725; packers
5.500610.
Cattle: receipts $50; 25 cents
lower.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
New York Sugar.

New York, Jan. 16.-Raw sugar:
quiet, at cents for Cubas, cost and
freight, equal to 3.61 for centri-
fugal
Refined: quieter. Fine graduated
$50 to 400
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Horses and Mules.

East St Louis, Hi, Jan. 16.-
Horses: good to choice draft, $3.50
ais; eastern chunks, s50G90;
choice southern horses. $50QS0.
Mules: IS to II hands, $500
21O: I5h to 16 hands, S100Q115;
Il to Is hands, S50075.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
st. Louis Cash Grain.

St Louis, Mo. Jan. 16.-Wheat:
No. 2 red, 1.22@1.23; No. 5, 118@
1.20.
Corn: No. white, Al; No. 2, II.
Oats: No. 2 white, 361a; No. 3,
3412 M36.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Peoria Cash Grain.

Peoria, Ill, Jan. 16.-Corn.: re-
ceipts 120 cars; no market.
Oats: receipts So cars; no mar
ket.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
st. Louis Futures.

st. Louis. Mo, Jan. 16.-Wheat:
May, 1.09A; July. SO.
Corn; May, 51h0515s; July,
53A 953A.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Flour.

~, minneapolis, Mimi, Jan. TO-
tlour, unchanged to 25c higher.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Silver.

New York, Jan. 16.-Foreign bar
silver, .657s; Mexican dollars, SO,
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Liberty Rtnds.

New York. Jan. 16.-Liberty
SondS closed: 3Ias, $3.50; first As,
s,;S4 bid; second As, 1854 bid; first
as, $3.50; second AIS, $3.50;
,aird AIS, 1884; fourth ANS, 97.7S;
w, sa,ctory SAs, 10O.22; Victory Ans,
Argus.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-01-16
Chicago Stocks

High. Low. Close.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1922-09-26
JAMAICA.

Leon Cheney and family were in Bran
don Saturday.
Miss Svedberg of Worcester was at \.
w. Buffers this week.
The village school was closed Sept.
2l on account of Bondville fair.
Mrs. Florence Hartwell of Brattle-
bOro was in town Sunday.
Mrs. Harvey Howard will stay with
Mrs. Phineas Allen for a while.
Mrs. Will Clark of Townshend is help
ing care for Mrs. Huntley Sprague.
Charles Record and family of Walpole,
n. H. were at A. B. Stark's this week
John Clark went Sunday to visit at
VIII Shaffner's in Brattleboro until after
the fair.
Ernest Martin and family are visit
ing his father, Frank Martin, in Sax
tons River.
Miss Eva Wolcott came Saturday
night for a weeks stay with her mother,
Mrs. Agnes WolcOtt.
Dr. Booker and the Macombers from
Worcester came Saturday for a few days
here at the Booker's home.
Several from here attended Springfield
fair and a good many from Jamaica
were at the Bondville fair.
George Clarke received news this week
of the death of his sister, Mrs. Henrietta
Clarke of Concord. n. II.
Benjamin Blake and family returned
to Boston Saturday after a vacation at
their camp in West Jamaica.
The Federated church will hold the
first service of the winter season in the
Congregational church next Sunday.
Miss Grace Nroom of Staten Island
and Mrs Medbury of Danielson. Conn,
were recent visitors of Orrin Johnson's.
Mr.. and Mrs p. C. Stark and daugh-
ter of Grafton were at A. B. Stark's
Saturday Mr. Stark bought a truck
load of calves to selk
Mrs. Ruth Robinson went to Spring
field last week to carry Mrs. Gray and
Mrs Sanders to their home after several
weeks vacation spent here.
Mrs. Lottie Clark, who has been home
a few days. having finished work at the
Peru hotel, went Tuesday to work as
cook at LawtOn hall, Brattleboro.
At the last regular meeting of Scott
Woman's Relief corps two new mem
bers We're initiated into the order max
ing eight to become members within a
short time.
A merry party of the Woman's Relief
corps went from this town to the dis
trict meeting in Townshend Sept. 20.
Scott corps joined with Birchard corps
in entertaining. and paid one half of the
expense for the meeting and dinner, as
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1922-09-26

suffer before their babies are born -
Mrs. VIM. JOHNSON, Box 155, Park
Rapids, MINI.
To marry and arrive at middle age
without children is great disappoint-
ment to many women. Think of the joy
and comfort other women have in their
children as they grow older.
Lydia E. Pinkham's Vegetable Com
pound has helped to bring great happi-
ness to many families by restoring wo-
men to health. Often the childless home
is due to a run down condition of the
wife, which may be helped by Lydia
E. Pinkham's Vegetable Compound. 1t
brought health and happiness into the
home of Mrs. johnson. Why not to
yours?
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1922-09-26
Lunch Counter News.

The lunch counter is in charge of Miss
Parmelee and she Is assisted by pupils
OF the cooking classes. On cold days hot
dishes, such as maearoni and cheese or
soups. are served. There is a large va
riety of sandwiches every day-raisin,
oatmeal. and graham and white bread
with different kinds of filings.
Over 30 specimens of wild flowers and
fruits have been brought in this year by
members of the biology classes.
Miss Bagg's physics class was made
happy by the appearance of some new
text books.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1922-09-26
PERSONAL NOTES

Isabel Bevis has left school and moved
out of town.
NIaisie johnson of the freshman class
has left school.
Hiding Anderson of the junior class
has left school and gone to work.
Leighton Moves. formerly of b. II. s.,
entered Boston university last week.
Mildred Greenwood of last years grad
uating class is employed at the Princess
theatre.
Mary Grady, who graduated from h.
II. s. last year, is attending Bay Path
Institute
Robert Simonds, Donald Wood and
Franklin Sears, representing the Pioneer
Printers club. and Katherine Gallup,
Elya Gallup and Harry Beals, repre-
senting the Potato club, gave demonstra-
tions at the Eastern States Exposition
in Springfield last week.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1922-09-26
SPORTS
Greenfield BrattlebOro Tennis Match.

d-BrattlebOrO Tennis Match.
The Greenfield tennis team defeated
the Brattleboro tennis team at the COun-
try club Saturday. Il. III. s. showed
much improvement over last year, but
the Greenfield delegation was made up of
more experienced and older players. Ed
win Culver and Kenneth Wheeler repre-
scented the school at singles and Holland
Smith and Kenneth Wheeler repre-
scented the school at doubles The final
scores were: Dayis-W heller, g.. Sc
Galyin-Culver, 60, 60 The doubles
score was go. 81. The Brattleboro
boys put up plucky fight but were out
classed They are looking forward for
chance to even up things in the near
future
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1922-09-26
Watch the Papert

At the beginning of the school year it
is always necessary for notices to be
given regarding waste paper on the floor
and in the desks Not much has been
said this year in regard to this matter,
but already we have begun to grow care
less Instead of putting waste paper IN
the waste basket we stuff it into our
desks or throw it at our neighbor. Then
the janitor must clean it up. If we
could be a little more considerable about
this matter the school would look better
for visitors and we would enjoy it more.
In the future if you have piece of paper
that you want to get rid of, don't throw
it out the window or under desk but
place it in the proper receptacle.