The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-22
Commodity News

GOIIlIIlOulGy NEWS
WOOL.
London, March 22.-There has
been active bidding at the wool
auction sales here this week by
both home and continental buyers
with greasy cross bred varieties In
special demand.
HOPS.
San Francisco, March 22.-Heavy
sales of old stock hops are report
ed and there are increasing inquir-
les for tn enew crop. Prices are
strong.
AUTOMOBILES.
Detroit, March 22.-Many close
observers here believe that the IN
crease in price of 500 on the
Chalmers open cars is the first Of
a series of Increase which will be
put into effect by automobile manu-
facturers here this year.
GLASS.
Kane, Pa, March 22.-While the
Pennsylvania plant of the Inter
state Window Glass company has
suspended operations, the con-
GERMS output will be maintained by
increased production at its Lancas-
ter, Ohio, and Western, W. Va,
works.
LUMBER.
Bogalusa, La, March 22.-The
Great Southern Lumber company
and the Conservation department
of Louisiana are cooperating in the
establishment here of a forest
nursery. 1t is hoped to produce
500 900 seedlings for replanting
from the long leaf pine seed OBJ
tanned.
JEWELRY.
New York, March 22-Diamond
cutting has been resumed in the
jewellers here after being dIscolI-
tinued for more than a year. The
demand for American cut diamonds
has improved of late and is taken
to indicate a decided betterment IN
the jewelry trade.
COAL.
New Castle, England, March q
There has been increased activity
in the coal market with hardening
prices. This is especially notice
able in coal for export
Connellsville, Pa, March %
During the period of depression
many coke Independents increased
facilities for handling and loading
coal and for this reason it is be-
lieved that the coal capacity Of the
Connellsville district is larger than
at any time during the war The
district is non-union and in the
event of a miners strike produc-
ton is expected to jump above the
war time level.
STEEL.
Pittsburgh, Pa, March 22.-As a
rule it is difficult to raise steel
prices unless the country's produc-
ton is on a basis of so to IS per
cent of capacity but recent ad-
Vances are being maintained on a
smaller output. Bars, plates and
shapes are quoted all. the way from
S1.40 to S1.60, with no sales report
ed at the higher figure and none
below the lower for several DAYS.
The average is advancing.
Glasgow, March 22.-There has
and steel products but the actual
orders booked by the Scotch mills
have not shown a proportionate in
crease. There has been renewed in
CURRY for black sheets and CORFU
gated iron from India, Japan and
Argentine.
SUGAR BETS.
st. Paul, March 22-Northern
Minnesota farmers have contracted
to cultivate $500 acres of sugar
beets near Fisher and additional
large acreage will be grown in the
Red river valley. Beet growers
last year realized as high as $40 an
acre from their crops.
OIL.
San Antonio, March 2e.-The
strong demand for Texas gasoline
from France is said to have been
brought about by the exhaustion of
the FRENCH government stocks by
which the price was maintained at
an artificial level and by more fay-
orable rates of exchange. Texas
refiners have been able to secure
better prices from exporters than
from buyers supplying domestic de-
mand.
CLOTHING.
San Francisco. March 22.-Mer-
chants dealing in mems clothing
make contradictory reports as to
business but, on the whole, declare
conditions are improving in the
moderate priced lines. Demand for
women's wear is abnormal excent
in the districts where the labor
troubles have curtaiIed buying
power.
HARDWARE.
Boston, March 22.-NeW England
manufacturers of hardware, brass
goods, tools and machine shon