davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
MARKET
cH0ppY; CORN
HITS HIGH SPOT
(By Consolidated Press.)

Chicago, Aug. "A. = The wheat
market was choppy again today
with bulge above the previous
close following an early break, but
with a dip later on profit taking.
A report that india had removed
the export ban ON wheat was the
cause Of some selling. There was
buying ON reports received by the
department of commerce at Wash
ington to the effect that the Eu-
ropean needs would be much heav-
Ter than last year owing to smaller
crops all through western Europe.
Early selling was due to the break
at Liverpool which in turn was
caused by more bearish advices
from this side. The cash demand
was good and prices were steady
relatively. Primary receipts were
/ $4,000 bushels against 2,275,00O
bushels year ago.
Corn suffered a little dip at the
outset but later scored the highest
prices so far on buying based on
the unfavorable weather conditions
west and southwest where temper
atures for three days have been
the highest of the season. The
cash demand for corn was fair, and
there was some local buying. The
cash market was steady. Receipts
were 235 cars. Primary receipts
were 10000 bushels against 1904,
900 bushels a year ago.
The upturn in corn gave oats a
little upturn also. There was scat
tered buying and the market is
showing more strength on buying
credit to cash interests. Receipts
were $4,000 bushels in the west
against 1,113,000 bushels a year
ago.
Market for provisions was strong
with fair advances, due to the bet
ter demand and the higher prices
for hogs, which were 10@15c up
Receipts here were $4,000.
Wheat closed &c to 1Bc lower
September LOIS @101A, Deem
Der 1.03@1.02H, May 1.08@107B
Corn closed &c lower to Nc high
er, September 60b, December IS x
@55A. March 59%. Oats closed
unchanged to &c higher, Septem-
Der 32b, December 341s, May 37A
Lard 121sc to Csc higher. Ribs q
to 19c higher.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
Curb Market.
BY STUART p. WEST
(Copyright. soa2.A

New York, Aug. "a. - Trading
was active on the curb exchange
today with the principal interest
centered in mining and industrial
isues. Oil shares were irregular
without about an even division be-
tween advances and declines. In
diana Pipe Line was the prominent
feature of the Standard Oil group,
while Standard Oil of Kentucky,
new stock, crossed par for the first
time. The rise kept on until the
price reached 101. Standard Oil
of New York opened a point high
er but subsequently more than lost
its gain. Cities Service issues were
firm with the preferred a half
point higher and the bankers
shares and common stock holding
around their Tuesdays final.
Among the Independent oils, New
England Fuel Oil was off a point
and Salt Creek Consolidated nearly
a point. Simms Petroleum and
Fensland were in demand at some
what better prices.
Public Service preferred led the
miscellaneous issues advancing to
a new high in response to teh lat
est earning figures which were re-
garded as very favorable.
Radio issues were again in active
demand, the common making a
new high for the present move
ment. This rise followed the an
nouncement that orders had been
received from the United Fruit and
Tropical Radio companies for five
radio stations with a sending radi-
us OF over two thousand miles
each. Dubilier Radio and Con-
denser preferred declared today an
initial dividend of 81 a share.
Department store shares were
firm without much change.
The transfer of Moon Motor to
the stock exchange caused a slack
ening of activity in the motor
group. Stutz was fairly active
around %, while WHY'S Corpora
ton first preferred was very weak,
getting down at one time ~
points.
Thinker Roller Bearings for the
first time sold below its subscrip-
ton price. But around 29X it met
with support and rallied on a
larger turnover. An initial quar-.
terly dividend Of IS cents was an.
nounced for this stock in the low
priced mining issues, Hollinge,
Gold Mines selling ex-dividend Of
per cent, which was a fraction
higher, and there was q fair de-
mand for Hecla Mining, Independ.
ence Lead and National Tin.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
Liue Stock
Chicago Livestock.

Chicago, Aug. 24.-Cattle re-
ceipts, 5000; market generally
steady ON all classes; matured beef
steers showing strength; early top
matured beef steers, 1885; best
long yearlings, 1880; bulk beef
steers, 8.75@1O.25; bulk cows and
heifers, 4.7507.00; Gamers and
cutters, mostly 2.65@3.50: bologna
bulls, largely 4.0O@4.15; bulk veal
calves, 11.50@12.00.
Hog receipts, $4,000; market
fairly active on lighter weights;
slow on others, 10c to zoe higher;
bulk 40 to 200 pound weight. $40
@9.50; top, 9.55; 30 to 240 pound
butchers, mostly 9.20@9.35; $50 to
1926 pound butchers. 100000;
packing sows, mostly 6.50@7.00;
pigs, uneven; bulk, 7.75@S.50;
heavy. 7.75@9.00; medium, 500
$40; light, 9.25@9.55; light lights,
8.80@9.30; packing sows. smooth,
6.75@7.35; packing sows, rough.
6.15@6.S5; killing pigs. 7.75@S.75.
Sheep receipts, $4,000; sheep and
western lambs opening steady; ma
tive lambs, steady to weaker; open
ing top western lambs, 1900; ma
tives 1900 to city butchers; 1885
| to packers; bulk natives 12.509
1875; quality, plain; culls mostly
900; fat wethers yearlings and
choice handy ewes lacking; bulk
ewes, 4.00@7.00; good so pound
feeding yearling wethers, 1000;
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
CAT TIE, SHEEP !
STEADY; HOGS !,
GAIN 20 CENTS.
(By the Consolidated Press ,

q. S. Yards, Chicago. Aue "a
After slow and lower market fo,
hogs during the first half Of the
week, sellers went out after higher |
values for all kinds TODAY. SIM
plies were light in all branches =,
the livestock trade and trade MAJ
ket conditions were imnrovad I
There has been a good demand for |
feeding cattle during the week in /
spite Of the fact that plain killing :
grades show a decline for the ner,
iod. Feeding lambs also found i
good outlet during the week with
stronger price levels. REGENTS ~
day were estimated at 5000 Cattle
$4,000 hogs, $4,000 sheep and 2 5Oo
calves.
CATTLE,
Cattle trade was fully steady for
good steers, with the best ouoted
at 1915 to HOO. Some l ,4O0-pound
animals went at 10.S5, while j Oss-
pound yearlings sold at 1854
Butchers stock held without
change. Choice COWS sold At 750
to 8.25. Best bologna bulls were
placed at 4.24 to ass on a steady.
market. while small lots of calves
sold to outside buyers as high as
100 to 1850 on a fully steady
trade.
HOGS.
Higher prices were paid for hogs
from the start, most of the sales
showing a gain of 1Oc to zoe over;
the average of the day before.
Choice ITO to 200 pound lots went
over at 9.45 to $50 from the out
set. The top of the market was
placed at 9.55 and the trade retain
ed the early advance. Most 2lO to
$40 pound butchers sold at $50 to
9.35, while good packers sows went
at 700 to 7.25, with the best at 1885.
SHEEP.
Native and western lambs sold
at 1900 from the start, and the
trade continued about steady. Lack
Of quality made some sales of ma
tives look easy. Most Gull lambs
sold at 900, while feeders again
made 1915. A small supply Of
aged muttons sold steady, good
ewes being quoted at $50 to IT'S.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24

New York, Aug. a. r me CON-
certed advance OF railway bonds
was checked today, although prices
in this group. with the exception OF
several Of the speculative members.
held around their highest levels.
Attention was drawn more to the
New York City Traction securities,
all Of which rose fractionally and
in one or two instances to their
best prices Of the year.
The market generally was irreg-
u1af.
The volume of business in Liber-
ty bonds dropped OF and the quo
tations in this section were slight
ly below Wednesdays final prices.
Uncertainty regarding the DISPOSE
ton of the soldier bonus matter
continued the dampening influence
in United States government bonds.
In the foreign government group,
United Kingdom 51ss of 1922 and
1929 were reactionary, while French
issues held their ground fairly well
in the face of the new low figures
for both French and German ex-
change. Queensland Is struck a
new high. Copenhagen 5ks and
Montevideo Is were higher, while
Mexican As were soft.
Few new high records were made
among the railroad mortgages. The
strength Of Northern Pacific secur-
tiles was in sympathy with the rise
in Northern Pacific stock today.
The general per cents went to a
new high and the refunding IS also
gained substantially. Norfolk &
Western convertible IS went up a
point and so did the Atchison con-
vertible As. International and Great
Northern S. and adjustments both
got to their highest since their is
sue. Canadian Pacific debenture As
and Green Bay debentures advanc-
ed also. Among the speculative is
sues there were recessions in such
bonds as the Missouri, Kansas &
Texas issues, the Seaboard Airline
group and the Frisco bonds.
Chile Copper Is again led the
metal bonds. Marine Is dropped
sharply nearly four points, then
rallied. making up part Of the
early loss.
The features of the Greater New
York fractions were Third Avenue
adjustments which rose to theil
best price for 1922, the INTERIOR.
ough refunding IS up over a point
Manhattan As around 68 and the
Interborough Metropolitan AIS
Improved earnings have been the
chief factor behind the recent
strength of the traction securities
The tendency Of some corpora
lions to do their financing in stocl
rather than bonds in the last few
weeks was shown again today
There was a lack Of any bond Of
ferings Of consequence, while one
public utility company. the Ohit
Bell Telephone, and one or two in
dustrial corporations announced
stock issues. The $4,000. 00t
American Telephone & Telegraph
common stock offering to stock
holders was also typical.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
BIC FIVE RAIL
HEADS SEEKING
way TO PEACE
CONTINUED from First Page.)

ing the center of the railway strike
stage today. situations at many
railway centers remained acute
and disorders continued as the
shipments strike approached the
end of the eighth week.
The rail strike entered its 55th
day with reports from Sioux City,
Iowa, that plans have been matur-
ing for weeks for a general nation
wide strike of organized labor.
John Shank, secretary of the
Trades and Labor assembly Of
Sioux City, was authority for the
statement that a move for a gen.
eral labor war was on foot.
Union organizations throughout
the country have made demands of
the executive council of the Ameri-
can Federation of Labor to call a
strike, Shank said. The Sioux City
assembly adopted the resolution,
following the lead of central labor
organizations in Omaha, Denver,
Detroit, San Francisco and other
industrial centers, according to the
olOuA lily secretary.
Violence Continues.
No day since the rail strike be-
gan has been without its violence.
While the last "a hours were ex-
ceptionally quiet they were not
without their contributions to the
history of the railroad strike of
1922.
At Waco, Texas, R. T. Campbell,
chairman of the striking shopmen,
and two other men were arrested
by state rangers charged with VIC
lation of the Texas open port law in
connection with the flogging of a
railway employe. Two arrests in
the case haG previously been made.
The victim of the flogging, W. T.
Harris, said he was taken from the
Missouri, Kansas & Texas railroad
yeards at Hillsboro and beaten with
wet ropes.
A railroad guard at Roseburg,
Oregon, broke up a fight between
guards and strikers by firing a shot
over the heads of the combatants.
One Of the guards was severely
beaten in the fight.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
next MOVE IN
RAIL TIEUP IS
f. UP TO HARDING
Continued from First Page.J

declined MIR. Harding's last propos-
al and that they would have been
better off under it than they are
Today. That's one reason why it is
believed the president will be per-
suaded to make the same proposal
perhaps with a slightly different
phraseology so as to afford the ma
chinery for a settlement.
Sympathetic Strikel
1t is conceivable, of course, that
the shopmen will endeavor to rally
the brotherhoOds to their support
by sympathetic strike but it is
doubtful whether the brotherhoods
will care to Join the scheme.
Throughout the mediation they
nave used no threats nor have
they indicated that they would take
any particular course Of action if
the railroads refused. They acted
as mediators simply because they
have had experience in negotiat-
ing with the rail executives and
they have the confidence of the
! shopmen.
The brotherhoods are not through
yet, however, their efforts at medi-
alton having failed in New York,
they will naturally turn to WASH
ington to persuade the president to
make final proposal. 1t may take
the form Of asking that all men be
reinstated and the question of semi
Ority be left to the labor board to
work out after the men have re-
turned to work. This doesn't differ
materially from the last suggestion
made by Mr.. Harding but in view
Of the New York negotiations it
may stand better chance Of &C.
ceptance.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
FINANCIAL NOTES

The Improvement in the sugar
situation is confidently expected to
turn loose into profits for some
local banks which are interested in
Cuban Sugar production.
General Cigar preferred sold ex-
dividend today.
1t is reported from Montreal that
the proposed sale of the Canadian
Locomotive company at Kingston,
Ontanio, has fallen through, and
that the company, which shut down
production. over a year ago, soon
will open with a government rail-
way order.
Steel Sheet makers in Buffalo
have advanced the price of black
sheets from $3.50 to $3.50 per huh
dred pounds. In Youngstown quo
tations on steel sheets have been
withdrawn by a number of import
ant Independents which have been
quoting $3.50 on blue annealed,
$335 on black and $4.35 on black
base cages.
For the six months ending June
30, Atlas Powder Consolidated fin
ished with a surplus of $111,54
after paying expenses and divi-
dends.
Toteco Production, dispatches
from Tampico state, for "a hours
ending at "a. m. Aug. %, totaled
$4,000 barrels. Mexican Seaboard
produced $4,000; Gulf Oil $4,000
and Mexican Petroleum $4,000.
Tobacco Products Corporation
today declared a quarterly dividend
Of ~ per cent on class A stock
payable Nov. Is to stockholders Of
record Sept Is.
London dispatches say that the
coal output of Great Britain ending
Aug. 10 was $4,000 tons, which
was a decrease of 1,49S,4 400 tons
from the preceding week.
Coffee is quoted: Sept, go; Dec.
$50; March, 9.33; May, 9.34. Raw
sugar: Sept, 3.27; Dec, BAT;
March, 3.25; May, 1886. Refined
sugar, August and September, 700;
October and November, $50; De.
cember, ZOO.
Calumet and Arizona compan,
today declared a dividend Of &
cents payable Sept. Is to stock o.
record Sept.<S
Governors of the New York Stool
Exchange have decided not to gran
the requested holiday for the Sat
urday preceding Labor day.
The stockholders list OF tn,
Pennsylvania Railroad show ;
further decrease Of 1853, stockhold
ers in July.
Statistics compiled by the burea,
OF railway economies indicate tina
the railroads have realized a ne
operating income of $349 ,O92 So.
for the first half Of this year. which
on . basis Of tentative propertie
valuation means a return OF a.
per cent.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
Weather Forecast

Illinois: Generally fair tonight
and Friday, except somewhat I'M
settled tonight; cooler Friday and
in north portion tonight
Indiana: Generally fair tonight
and Friday. except somewhat I'M
settled tonight; cooler Friday and
in northwest portion tonight
Wisconsin, Missouri and Iowa:
Generally fair and cooler tonight,
and Friday.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
U. S. OWNED TIMBER
TRACT UP FOR SALE

Washington, Aug. 24.-The larg-
est compact body OF yellow pine
timber owned by the federal gov
erumsnf, attract OF $50. 900 acres in
eastern Oregon. Is to be opened
forsale and development, the for
est service announced today.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
Chicago POtatces.

Chicago, ILL.,, Aug. 24.-Potatoes
stronger on whites, steady on Early
Ohios; receipts so cars; total Unit,
ed States shipments TAI cars; New
Jersey sacked and bulk Irish cob
blers 2.00@2.15 cwt; Minnesota
sacked Early Ohios, slightly dirty,
LOO cwt; Minnesota bulk EARLY
Ohios 1.25 cwt; Wisconsin sacked
Irish cobblers 1.80 cwt; Idaho sack
ed round whites 1.75@1.S5 cwt. ,
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
IMPORTS OF ADULT
HONEY BEES BARRED

Washington, Aug. 24.-The senate
yesterday passed and sent to the
president the house bill prohibiting
importation of adult honey bees
The measure is designed to check
what it is feared by the department
OF agriculture experts may develop
into virtually worldwide plague
known as the Isle of Wight disease.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
Kansas City Cash Grain.

Kansas City, Mo-, Aug. 24.-Cash
wheat; No. 2 hard 100@1.15; No. 2
red 1.02@1.O3.
Corn: No. white 54@55; No. 2
yellow 61h@62; No. 2 mixed SAC
SIS.
Oats: No. 2 white 341a; No. 2
mixed 1904; No. 2 red 1904.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
Peoria Cash Grain.

Peoria, ILL.,, Aug. 24.-Corn: re-
ceipts 81 cars; unchanged to IL
cent higher; No. white 60; No. 2
leyyow 62A; No. 8 yellow 601s; No.
4 yellow 591s; No. 5 yellow So; No.
6 yellow IS.
Oats: receipts IA cars; IA to IL
cent higher; No. 2 white 32A@
32Z; No. 3 white 321s @32s.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
New York Money.

New York, Aug. 24.-Call money
easier; high 4; low 81; ruling rate
3A; closing bid 4; offered at Az
last loan percent.
Call loans against acceptances
81 percent.
Time loans: firm; mixed collat-
eral so to 80 days, 404A percent /;
four to six months 4A@4h per-
cent.
Prime commercial paper, 4@4A
percent.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
Chicago Produce.

Chicago, Aug. 24-Butter, steady;
creamery extras "a; firsts 1910
81; extra firsts 31k@33; seconds
2S@2Sh; standards 33H.
Eggs, lower; receipts 1868;
firsts 23@231a; ordinary firsts 200
81; miscellaneous 22@22k; stor-
age packed firsts 24@24h.
Poultry, alive, unsettled; fowls
1921; broilers "a; springs "a;
ROSTERS 1872.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
st. Louis Cash Grain.

st. Louis, Mo-, Aug. 24.-Cash
wheat: No. red 1.10@1.11; No. 3
red 1.03@10S.
Corn: No. 2 white 621s: No. 3
white 61h.
Oats: No. white IS; No. 8 white
34@34k.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
Peoria Livestock.

Peoria, III, Aug. 24.-Hogs: re-
ceipts 500; steady, strong; top,
nominal. $40; lights, 9.00@9.40;
mediums S.75@925; heavies 5000
$50; packers, 6.0O@6.75.
Cattle: receipts light; steady;
calves, weaker; top HOO.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
ST. JOSEPH MO-, Is .
HIT BY $780, 900 FIRE

- 1aAs0h, No, Ang. 24.-Fire,
(VAicn brokD out in the Woolworth
10 cent store here early this morn
ing IN the business district, did
damage estimated at $10e, 900.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
DryGo,ods Market

New York. Aug. 24.-Buyers and
sellers were equally firm in their
attitudes in the cotton goods mar
ket today, the purchasers indicat-
ing strong opposition to any ad-
vances and the mills being equally
firm in declining to consider bids
q shade under current quotations.
Aga result little trading was re-
ported and prices remained about
unchanged for the standard print
cloth construction. Sheetings were
. tribe higher for some construc-
tons and . fair amount OF business
was recorded In drills. tWills and
pajama checks. Sateens were in
demand but tire. fabrics were quiet.
Raw silk was firm at slightly ad-
vsnced prices but some shading
was In evidence.
VOOI.
Boston. Aug. A.-Tho demand
for medium woolSt has resulted in
. sitter attitude ON the part Of
some Of tho holders in the Summer
street market- although quotations
are noninally unchanged.
Trading v11s el1ck today and
there b littlAxt1dlcationrtha It viii
speed Up 3e1sep.IAbor day. -
err q hnn1uerynn1eanD Se01minx
NselVU a14 s6R0AuiahdrswinG con-
siderable p010lgo~from bond be-
cause Of The expenss involved In
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
HARBORD SOON WILL
SUCCEED PERSH1NG

Washington, Aug. 24.-The senate
yesterday cleared the way for the
president to appoint Major General
J. G. Harbord, deputy chief of
staff, to the post of chief of staff on
retirement Of General Pershing who
will go on inactive duty because Of
age limitations in another year,
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
PROBE HUSBANDS DEATH.

Kalamazoo, Mich. Aug. 24.-Mrs.
Maud Storick, 10. was detained
pending investigations demanded
BY an insurance company into the
death Of her former husband,
Claude Cushman, who IL said to
have died from poison last Decem-
bee.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
St. Louis Futures.

st. Louis, Mo-, Aug. 24.-Close:
Wheat: September 1.005s; Deem
Der SAN @54B.
Oats: September 80 bid; Deem
her none
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24
Street Features
SHIPPING STOCKS BREAK.

Heavy selling continued In the
stocks Of all companies which arc
interested in the Atlantic trade. In
asmuch a the last semi-annual |
dividend on Mercantile Marine pre-
ferrcd has only recently been de
cfared, discussion of q possible cut
Is to say the least quite premature.
The trouble does not lie with Mer-
camille Marine in any special man
ner, except as q slump in earnings
brought about by a passenger rate
war, might eventually affect the d.
vidend policy of the company. 9th
er shipping stocks such as Atlantic
Gulf and American Ship and Com
merce were almost as weak as
we're the Marines in the market to-
day. Selling of these stocks is d.
rectly due to the realization that
passenger rates are exhorbitant
and that with competition increas-
ing because of the entry Of num-
Der of new liners, plying between
Europe and America, a substantial
series of cuts may reasonably look
ed for. On the other hand, 1t Is
quite possible that loss in passen-
ger revenue might be offset by in
crease in freight revenue, If the ex-
port trade has the, revival which
many predict
NORTHERN PACIFIC.
Northern Pacific had closed We'd
nesday at 873s. 1t was one of the
few stocks this morning to lose as
much as a point. But that this
early decline had no significance
| whatever, that it was in no way a
response to the strike developments
was very soon shown. In the sec
on hour buying orders of unusual
magnitude suddenly made their ap-
pearance in the stock, pushing it
forward rapidly, so that it became
the leader of the whole railway
list. The explanation lay in the be-
lief that unless some unforeseen ac-
cident happens to the spring wheat
crop in the remaining weeks of the
season, the full rs percent dividend
will be restored. The last quarter
ly payment Of ~ percent was
made on August to holders of rec
ord of June 30.
TOBACCO PRODUCTS.
Tobacco Products directors al
their meeting today took the action
expected and put the A stock on q
Z percent basis. This issue which
might be looked upon as pre-
ferred stock is limited to Z percent
payments while the ordinary shares
which are not yet on dividend
basis are unlimited. The big peo-
pie in the tobacco trade in making
the switch from retail stores and
the old Tobacco Products stock
elected to take their full allotment
in ordinary shares instead of hall
ordinary and half A stock.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-24

Toll rates through the Panama
canal average S1y00o IN hoar.