davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Bond Market
BY STUART p. WEST
tCopyright. 1872

New York, Feb. IA new high
record for the United Kingdom So
per cent maturity of 1929 was prac-
tically the only response made by
the bonds today to trade news or
the movement in other markets.
This continued advance in the
1929 with strength in the other
British and the Canadian external
loans, was coincident with the fur
Their rise in sterling exchange.
With the exception of the Rio de
Janeiro SIS, which rose point to
a fresh top, the foreign government
list remained steady. Liberty bonds
worked slightly higher.
The rest of the market was ir-
regular and prices appeared unaf-
fected by the temporary higher
rates for call money. United States
Steel sinking fund SIS sold around
their final price of yesterday and
showed no disposition to sag. 9th
er steel bonds were little changed.
Consolidated Gas rs fell off half a
point, but Public Utility issues as
a whole were firm. In fact, Amer
lean Telegraph & Telephone Col
lateral Trust SIS were up half a
point Wilson & Co. convertible
SIS. Western Union 61s's. Mexican
Petroleum SIS. Sugar bonds and
American Smelters SIS rose frac-
tionally, while there was a decline
Of point in both United Drug SIS
and Realty and Improvement SIS.
Hudson and Manhattan adjustment
SIS ran into some realizing sales
Chemical bonds were soft, with
Virginia Chemical TVS off almost a
point. Several of the Standard
Rails lost part of their recent
gains. Great Northern lost a quar-
ter point, which was an example.
Southern Railways AS reacted,
while renewed strength came into
the Fries. Denver & Rio Grande re-
funding SIS, New Haven debenture
SIS, Penn SIS, and Minneapolis &
st. Louis refunding SIS.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
old J. PLUvIUS
CHECKS BUYING
OF LIVESTOCK
(By Consolidated Press. }

Chicago. Feb Trading was
slow to start in all sections of the
yards today. 1t rained during the
early part OF the day. and this kept
some of the buyers away. Compar-
atiVely light runs we're reported
for cattle and hogs, but the sheep
supply was large on account of the
higher market noted late the day
before. Nearly $4,000 hogs were
held over from yesterday Receipts
OF livestock at the local yards to-
day were estimated at 5000 cattle,
$4,000 hogs, 1900 sheep and lambs
and l, 500 calves.
Cattle.
Demand for heavy steers was
strong after slow start, and some
sales were Zoe to 15c higher.
Choice 1,436 pounds Angus steers
at $9-25 showed even more gain.
while 1850 pound steers were
strong. Medium and palmer gr4des
were slow, and it was a weak trade
for the bulk. Cows and heifers sold
strong to 15c higher. Gamers were
strong with many at SO. while bulls
were weak. Calves held at I'M
changed levels. Bulk of vealers
went to packers at SO to 81.
Hogs.
While values were 15c to Csc low
er for the bulk of stuff, yet the
trade was fairly. active. One load
of prime light hogs sold at 1926
for the top, while best light butch
ers were quoted at $3.50 to 50.
Heavy butchers went at SS75 to
$3.50 for the best. with few rough
packers down to $3.50.
Sheep.
Lambs sold about steady for the
best lots, but the market was weak
for other grades. Prime fed ami
mails made $14, which is the years
! high mark. Small local killers paid
the top, while most of the good
lambs went to packers at $3.50 to
$13.75. Aged muttons sold steady,
good ewes going at $7.25 to $3.50.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
FIND ACTION OF
WHEAT MARKET
DISAPPOINTING
fBy Consolidated press.)

(By Consolidated press.)
Chicago, Feb. 1.-The action Of
the wheat market was disappoint-
| ing 10 the bulls, The market acted
stubborn most OF the mnTning but
the buying power appeared to be
getting more feeble as the session
advanced. The only Strengthening
feature was the pressure by locals
. around the low points. An advance
in Liverpool cables as the result OF
light stocks caused buying early.
Realizing sales were encountered
on the bulge but part Of the ad-
vance was maintained until mid
session. There after eastern houses
were good sellers and this inspired
more short selling. Reting order
to buy May at $1.1S14 were liberal
enough TO hold the decline for
time. Rams in the southwest in
duced some selling of July. Casa
wheat in Minneapolis and Winni-
peg markets was easy and lower
grades of red wheat were quoted
at y cent lower premium. Sea-
board reported a lull in the ex-
port demand. Milling demand for
wheat fails TO improve.
Corn prices held steady despite
the break in wheat. Trade was eX-
ceed.ngly slow and featuTeless. Off
erings were light, the vet weather
reducing offers from the country
and taking the hedging load off Of
the market Export bids were near
working basis but domestic de-
mand was slow
Oats were eas.er with wheat
Realizing sales were in advance.
While sales for shipment were
large, the business was mostly by
one house and other shippers were
unable to discover any demand.
SeabOard reported 100000 bushels
Of oats worked for export early but
later they claimed they were IN
able to confirm.
Provisions were lower with hogs.
Cash trade was reported slow.
Wheat closed strong and sc
higher, May 1,193s to u. July IO45s
to y. Covering by local shorts
featured the late trading, The buy
ing was Influenced by a report that
local mill had bought all the
No. l northern wheat in Milwau-
kee. Corn closed sc to ~ higher.
May sac TO 1sc, July 30 sc. Oats
closed unchanged to 1sc higher.
May 39c to sc. July 4Oc. Pork
closed sc higher, lard unchanged
to sc lower and ribs &c lower. Lo-
cal cash sales were 5000 bushels
of wheat, 131 900 bushels Of corn,
including $4,000 bushels to export
ers and 202 900 bushels of oats.
Seaboard reported 500, 600 bushels
of wheat worked for export
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Curb Market
BY STUART P. WEST
Copyright, 1922

New York, Feb. Interest on
the curb exchange today was again
chiefly in the low priced shares in
which the professional traders have
recently been active. United Prof
1t Sharing became active and
strong, following the declaration of
two quarterly dividends but profit
taking developed and caused a re-
cession from the high. U. S. Rub
Der was again in good demand for
some time. Philip Morris was an
outstanding feature, some of the
commission houses having fair
sized buying orders which put that
stock to a new high for the pres
emit movement The Radio issues
were active but continued to re-
feet the elimination of the week
following which was attracted on
the recent advance.
There was little doing in the mo-
tor shares, with the exception of
Lincoln, for which there was fair
demand at a slight advance. Brit
fish American Tobacco on moder-
ate buying credited to interests
close to the inside, rose a fraction,
and there was a firm tone to Sweets
Company of America which held
around yesterdays top.
Business was unusually small in
the oil stocks and price changes
were confined within narrow frac-
tional limit. Standard Oil of In
diana, Sicily Oil, Simms Petroleum,
Merritt and Imperial Oil of Della
ware were steady, and as rule,
somewhat higher.
In the mining department some
of the stocks which have been I'M
der pressure recently, notably Bos-
ton and Montana, met supporting
orders. Eureka Croesus was in
moderate demand
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
BOY SCOUTS IN
fine PROGRAM
special Correspondencc.l

Especial Correspondence
Cambridge, Feb. members OF
BOY Scouts troop of Cambridge
gave splendid entertainment last
alght before the Commercial club.
sAiter the program the scouts we're
served refreshments. The program
follows:
Bugle call-Bernie Broderman.
nDrlil-Al scouts.
& Scout oath.
scout law-Twelve Scouts.
setting up exercises-AII Scouts.
he Scouts also gave an exhibit
aOh OF knot tying, signalling by two
n semaphore code, SHINING the
saaSe, the fireman life, fire making
friction, and a number of other
,SiSks known only to good Scouts.
me history and development of
Ne nag was given by u Scouts and
e salute and taps ended the pro-
Buys Home.
Elmer Roberts has bought the Ed
plle home and will move soon.
- Nollie will farm this summer.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Chicago Potatoes.

Chicago, Feb. Potatoes
Steady; receipts. "A cars; total
United States shipments, GA cars
Colorado, sacked, brown beauties
No 1, 2.40 cwt; Wisconsin sacked
Found whites, 1.75@1.S5 cwt; Wis
consin bulk round whites. 2.05G
30 cwt; Minnesota, sacked. round
whites, t1.70@1.S5 cwt; Minnesota
sacked, red rivers, 100 cwt; Idaho
sacked, russets, 2.40 swt.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
WALL STREET FEATURES
p.

in two lines of the company's bust
ness-the shipping trade and the
sugar trade-could not well have
been worse. Electric Storage Bat
terry had reacted from its recent
high on alleged disappointment
because there was to be no imme-
date melon-cutting. The stock
moved forward again today on the
statement printed yesterday, that
for holders it was merely case of
hope deferred-Quite likely for no
longer than a month.
OTHER SFECIALTIES UP.
American Ice continued its re-
markable advance. Allis Chalmers
was conspicuously strong, partly
on favorable indications for the
business of the company and partly
because as a 4 per cent stock now
reasonably sure of its dividend, it
has been selling out of line. Shares
of boot and shoe companies were
in demand on the Endicott John
son reports showing $10.79 earned
in 1921 against $6.43 in 1920. The
bidding up of Texas and Pacific
shares right on the heels of the
December statement, with its OPP
Grating deficit of over $1,000, 900
was another bit Of testimony in
spite of the belief that it is not the
earnings position OF the company
! that is the cause of the recent adj
vance, but rather some develop
ment leading toward its release
from the hands of the receivers.
BETHLEHEM STEEL.
Bethlehem Steel's accomplish
ment in earnings 1856 share for
its common stock last year, when
the best the steel corporation could
show for it's junior issue was S2.24,
was remarkable. 1t was nothing
like as important, however, as the
Strengthening of the financial po-
sition of the company, disclosed in
| the balance sheet. An analysis of
prominent Wall street firm esti-
mates net tangible assets-at $240 a
| share on Bethlehem Steel B. The
| company actually charged OF, in
the course of one OF the worst years
the steel trade has ever known, 40
per cent of its entire plant value
| of $242, 900 900. AS the same crit
les remarked, with these wonderful
| liquid assets. Bethlehem Steel
| could easily afford to maintain its
common share dividends through
1922, even if these were not earned.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
CBy the Associated Press.)
LiUe Stock
Chicago Livestock.

Chicago. Feb. Cattle: re-
ceipts 5000; early sales beef steers,
strong to higher; mostly on ship
ping account; early top. 9.25:
weight, 1,436 pounds; bulk beef
steers, 6.75Q7.S5: she-stock and
stockers and feeders, strong to Is
cents higher; bulls, weak to lower;
calves, steady.
Hogs: receipts $4,000; fairly ac-
tive; largely Is to IS cents lower
than yesterdays average; some
light off more; top, 9.25 for sorted
$50 to $50 pound hogs; practica
limit, 915; bulk, S.75@9.00; pigs,
slow, rs to so cents lower; bulk de-
sirable, S.S5Q900; few, SIS.
Sheep: receipts 1900; slow, gen.
orally steady; fat lambs (early) to
city butchers, 400; shippers,
1885; packers, 1875; feeders, 1900;
fat eve top tearly) $50; taking
steady on feeder lambs.
Prices for live stock in Chicago yester-
day were:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Weather Forecast

Illinois: Rain and colder to-
night; Thursday fair, except snow
fiurries in extreme northeast por-
ton; much colder; strong south
erIy shifting to westerly winds.
Iowa: Snow with cold wave to-
night; Thursday generally fair ;
colder in east portion; strong winds
becoming northwest.
Missouri: Generally fair tonight
and Thursday, preceded by unset
tied in east portion, much colder;
cold wave tonight in west and CEN
trail portions.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Peoria Livestock.

Peoria. Ill, Feb. 1.-Hogs-Re-
ceipts, 1900; 40 to soc lower; top,
$50; lights, S.65@S90; mediums;
8.65@8.S5; heavies, S.400S.65;
packers, 6.75@750.
Cattle-Receipts light; steady;
calves, firm; best calf, 1000.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
st. Louis Cash Grain.

st. Louis. Mo, Feb. Cash:
wheat: No red, 1.2S; No. 3, 1.22
@1.25.
Corn: No. white, 4S%c; No. 3,
48c
Oats: No. 2 white. 39c; No. :.
35@36c.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Peoria Cash Gram.

Peoria, ILL.,, Feb. 1-Corn-Re-
ceipts, SO cars; steady.
Receipts, IS cars; 4 C low
er; No. 3 white, 334 ; No. white,
32A.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
New York Money.

New York, Feb. Call money
strong; high, 6; low, 5; ruling rate
5; closing bid, SIG; offered at 6
last loan, per cent
Call loans against acceptances
Az per cent.
Time loans. firm; 60 days, 4A5,
80 days. AZ as; six months, Az al
per cent.
Prime mercantile paper, AZ o.
percent.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Kansas City Cash Grain

Kansas City, Mo-, Feb. Cash
wheat-No. 2 hard, 1120L23; No.
2 red, 1.16@11S.
Corn-No. white. 441h@44A;
No. 2 yellow, 45@45k.
Oats-No. 2 white, 37@3712; No.
2 mixed, 36037.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Toledo Seed

Toledo, Ohio, Feb. Glover
seed: prime, cash, January and
February. 400; March, 1905:
April, 1920.
Timothy: prime, cash, January
and February, 3.2715; Marsh, 3.35.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Liberty Bonds
Foreign Exchange.

New York, Feb. Foreign e2
change, firm.
Great Britain, demand, 4.2SA.
France. demand, $50
Italy, demand, 40.
Belgium, demand. 1851.
Germany, demand, 40.
Holland, demand, 1902.
Norway, demand, 1888.
Sweden, demand, 25.45.
Denmark, demand, 20.15.
Switzerland, demand, 1850.
Spain, demand, 1920.
Greece, demand. 4.4S.
Poland, demand, OBS.
Czechoslovakia, demand. 1.96.
Argentine, demand, 1887.
Brazil, demand, 1915.
Montreal, .95 IS.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Chicago Produce.

Chicago. Feb. l. Butter, IN
changed.
Eggs, lower; receipts $685. cases;
firsts 361A a 624 ordinary firsts 30
034; miscellaneous 35Q36; refrig-
orator firsts 23625.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
CHICAGO FUTURES
Grain
Chicago Cash Grain.

Chicago Cash Grain.
Chicago, Feb. l.
WHEAT.
No. 2 red, LIS.
No. red, 1.2S.
No. . hard, 116A.
No. dark northern. 1.40s
CORN.
No. l mixed, 49k G50.
No. 2 mixed, 49A 6491s.
No. mixed, 48@4S12.
No. 4 mixed, 46A.
No. 2 yellow, 49A 64912.
No. yellow, 4S04SA.
No. 4 yellow, 461a 64712.
No. 2 white, 4914 @491z.
No. white, 4664Si6.
No. 4 white, 46% @47.
OATS.
No. . white, S61h@3S.
No. 3 white, 33% G35%.
No. 4 white, 32h Q33A.
OTHER GRAINS.
Rye: No. 2, .S6S.
Barley: 5000.
Timothy seed: 5.O007.0O.
Glover seed: 12.00Q 1900.
Pork: nominal.
Lard: 9.97.
Ribs: s.OO@1O.0O.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01

A plant growing in Japan sup
plies a sort of vegetable leather.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Horses and Mules,

East st. Louis, ILL.,, Feb. l.
Horses and mules, unchanged.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
STEEL C0MaON.

Steel Common opened tamely
enough today, trifie down from
last nights close. II regained this
fractional loss. then developed
rather more activity, with a super
fetal appearance of alternate firm
ness and OF heaviness. The offer
ings came, however, from profess
sional sources and to large ex.
tent both selling and buying re-
ported operations for short ac-
count. There was no doubt that
the statement for the fourth quar-
ter of 1921 was worse than had
been looked for. The December
showing of $4,967 900 is the poorest
in the history of the company in
recent years. Nor can any imme-
date improvement be anticipated,
for with no advance in prices and
with mill operations somewhat cur
tailed from those of December, the
January results promise to be more
unsatisfactory still. But there is
comparatively little steel common
being carried nowadays in specula-
tive accounts. The stock is held
mainly by investors who are not
considering past and present con-
ditions, but are looking rather to
the future These holders feel con-
fident in the meantime in the safety
of both income and principal on
the lineup of the past profits in
the form of undistributed surplus
and reserve.
HIGH PRICED STOCKS STRONG.
Three high priced leaders ap-
peared in the specially group
Kresge, United Fruit and Electric
Storage Battery. One reason which
makes this class of stocks attrac-
tive in such a market is that they
are not held to- any large extent
by the public. Consequently opera
tons for the rise are not likely to
run into big offerings on the way
up. Kresge earned over $50 even
on its enlarged capital last year,
and is expected to do even better
this year. A gradual expansion of
its capital through the distribution
Of stock dividends is probable. In
! the case of United Fruit no fresh
reason appears for the advance ex-
! cept the turn for the better in the
sugar trade. The stock is still re-
| spending to the annual report
which showed almost SIT a share
| earned in a year, when conditions
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Silver.

New York, Feb. Foreign bar
silver, .662s; Mexican dollars, .501k
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
Flour.

Minneapolis, Mimi, Feb. l.
Flour, unchanged.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01
New Work SUGAR.

New York, Feb. Raw sugar
Unchanged. Refined, unchanged.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-01

All the news all the time-The
Argus
Webster City freeman. [volume] (Webster City, Hamilton County, Iowa) 1884-1946, 1922-05-29

Summary--two base hits. Corbin. :;
Woodall. Lang. Home runs. f. Ceper-
~. Hit by pitcher. }. Ceperly. Stolen
bases, Peyton, COrbin, Pepper >. Du-
Bots, Lumberg. butcher. Sacrifice
hits, f. latham.
Webster City freeman. [volume] (Webster City, Hamilton County, Iowa) 1884-1946, 1922-05-29
ALBANIAN BOYS
SHUN ALL WORK
American Teachers Face
Problem in Age-Old
Tradition of COun.
try.
TEACH THEM NEW WAY
Instructors Show use Of
Tools BY Using Them
Themselves.
(By The Associated press. !


Tfrana, Albania, May 20.-Work is
disgrace in Albania. One who is
forced to it is Immediately ranked as
belonging to the lowest orders Of AL
bantam society. AS a result of this
point Of view, American teachers as
signed to the American Red Cross v0.a-
tfonal school here had first the task
OF teaching the 90 or more boys coming
from the higher Albanian families
that If they wished to learn any trade
the idea of spurning the hammer and
the saw must be dispelled from their
young minds. !
When the boys cOngregated for their
lessons in vacations, they all have re-
fused to have anything to do with TOOLS
They distiained touching anything that
bore evidence of work. They refused
to use brOOms to sweep out their dOrmi-
tories. They looked at the chisel and
mallet with repugnant eyes.
Teachers Demonstrate.
The American teachers met this puz-
cling situation in a practical way. They
used the tools themselves, freely and
naturally, and continued to demon
strate the value and the help of tool
to the workers until finally the pas
sive resistance Of the young Albanians
was completely overcome and they
came to use every implement in the
shop.
Long centuries of caste had taught
the boys that the real gentleman was
he who lived in idleness. A few months
in the school and the ase-long ira
ditfOn was practically wiped out. The
boys now do all the work, including the
care of their own rooms and the wait
ing on the table Of the schools faculty
The minds of these youths have been
transformed, and the constant refer
ence to the upward struggle Of Amer
lean captains Of industry who achieved
their successes through work have i'm
bued each with such spirit of pro-
gress that the school, located in the
midst of slovernly idle population,
stands out in bold relief for its indust-
~ and ideal.
Other Yank Traits.
The students are adopting all sorts
of other American characteristics.
They have yells and songs; they have
class fights and colors, and they have
developed school spirit. They have
tHheIl " utulctACs. WsSodA pSiHe WV
major spirit, followed closely by box
ing Baseball is supervised by Am
brose Il. Kelly. of Albany, n. V, an
old college baseball star.
In boxing their only idea is to
punch. Boxing fans" would be de-
lighted with the exhibition put on by
the Tirana vocational school. 1t is
practically all straight punching. There
are no clinches. Each boxer thinks
skill is measured by the rapidity and
force with which he can land blows on
the other mans face without regard
to his own protection. Blows are what
count to these Albanian boys and they
give and take them like SpartenS.
Webster City freeman. [volume] (Webster City, Hamilton County, Iowa) 1884-1946, 1922-05-29
ESPECIAL CABLE TO NEA Service.

Genoa. May 29.-Frank a. Wander
lip, American tinancicr. who has been
an observer at the Genoa conference
since its beginning, has given NEA
Service an interview on European.
finance and the vital things necessary
for construction of Russia
Vanderlip was asked whether Eu-
rope would obtain financial credits
from America.
NO" said Vandcrlip. so long as
the majority of the European states
fail to balance their budgets and con
tinucstO print paper money in unlimited
Quantities.
another factor influencing America
is the desire to see Europe reduce
ornaments and thereby save money"
To the question. How far is Amer
lea interested in Russia!" Vanderlip
replied:
"Aiilcrica is interested in the Rus
sian market. But not until we get
la guarantee for our investments
there:and the present government
seems either unable or unwilling to
give that.
II can build IL railroad in any parr
of America and get sufficient guar
iIlltpS iOI lily INV s'Sihl0iu. why ~
to Russia and do tie same thing with
out the necessary protection?
"If+I send dollar ont into the
world ! want protection for my money.
and also for my person If | want to
look at the place where l have invested
my money. All American investors feel
that way about it. Blu; Russia refuses
to grant these elemental things.
Three vital things are necessary
for the reconstruction of Russia.
First -rcbuild Russian tranSpor!a-
ton system.
"Sccond-try to rccstablish agricult-
Gral life.
rCcommcncc active oil pro
ductOn I'm the caucauSrlS.
Il do not believe normal conditions
can be created in Russia by giving
concessions. That isn't the best way.
Regarding Russian agriculture. he
lieve the prewar output could he
doubled if Russia tried scientific
methods.
America is also interested in the