davidaulloa/AmericanStories huggingface dataset:
Evening star., 1922-07-17
COTTON MARKETS.

:. NEW YORK, July 17.-An easier
tone was noted in the cotton market
early today because of predictions
for showery weather in the south
west. where rain is needed. First
prices were Is to 80 points lower. and
the market was under pressure from
The south, Liverpool and Wall street,
with commissio houses and the
trade the most active. The cables
and European financial news were
rather bearish, and after a rally of a
few points the market again became
heavy. with October declining to 22.27
And December to 22.13.
:, Futures opened steady; July. 22.20
asked; October. 1880: December,
22.10; January, 21.S0; March, 21.73.
:. NEW ORLEANS. July 17.-Poor
cables and continued favorable crop
accounts. especially from Texas.
caused moderate e~l.Tg - the cotton
market today and in the first hour of
the session the trading months lost
II to 1s points. October fell of to
21.74. The tone was steady at the
decline because of the more favorable
news relating to the rail strike.
|, Futures opened steady: July. 22.09:
21.74; December. 21.60; jan
Sary, 2l37; March, 31.1s.
Evening star., 1922-07-17
and Live Stock

LOCAL WHOLESALE PRICES.
Eggs-Strictly fresh, selected, can
died. per dozen, 25a26; average re-
ceipts. "a; southern, %.
Live poultry-Roosters, per h.. Is;
turkeys. per h.. 25; spring chick
ems. per lb., 32a36; keats, young. each.
GO; fowls. 26.
Dressed poultry Fresh killed
spring chickens. per lb., 35a40; hens.
per lb., rs: 'roosters. Der lb.. Is; tur-
keys, per lb., 35a4o: keats. young,
each, so.
Live stock-Caives. choice. per lb..
8; medium. lb, sa8h; thin, h., SAT.
Lambs, choice. per lb., IL: live pigs,
5COaS.00 each: live hogs, per h., liza
1lk.
Green fruit-Apples. new, per bbl..
1.5Oa4.50: per bu. baskets, nearby, SO
a2.5O California oranges, per crate.
7.e0ae.o0. Lemons, per box, 4.50as.00.
IS. Peaches, 1.50a3.o0. Cherries. per
basket. 20a75. California lopes. 500
400.
Vegetables-Potatoes, new, per bbl.'
No. l. 2.75a3.75; No. 2. 1.ooa2. 100. Let
tuce. per crate, 5oa76: New York, per
crate. 50a1.25. Romaine lettuce. 1.50.
Cymblings. per crate. 26a75. Onions.
per basket. 1.75a2.25. Cabbage, new.
per bbl.. 50a1.00. Cucumbers. 1ba
l;So. Eggplants. per crate. 2.6oas 30.
Tomatoes per box. nearby. i;ooat; I 90; 70
a1.25. Kale. 75a1.O0. Asparagus. per
doz.. 75a3.0o Spinach. per hbL. ESQ
a3.O0.
Evening star., 1922-07-17
HIGHER PR|CESFOR
LIBERTY ISSUES

NEW YORK. July 1.-THE advance
in the United States government war
loans and the standard railway sec
tons of the bond list were the out
standing incidents of moderately
active bond market. New high prices
were numerous, especially among the
rails Most of the liberty bonds rose
10 their highest for 1922 under the
continued influence of easy money
conditions. and this buying of gov
erhment securities remained slim
uiating factor in all the dealings.
IN the hrst two hours liberty issues
SoIo well above Saturdays closing
levels
AFTER midday. however. they moved
upward to their best prices, in one or
Two instances to record quotations
Tor all time. Industrial bonds were
strong, although in this division as
appeared.
Ihere was a comparatively small
total of new offerings. The largest
piece OF fresh financing today was a
loan OF S@,OO0.O0O for the account of
the province of Columbia, Canada. The
oohds run for two years and bear ,
per cent interest. They were offered
at ssSs to yield about 535 per cent.
The Watab Paper Company first
mortgage twenty-year Sk per cent
sinking fund gold bonds were fairly
Wen taken at 94l4 and interest, WELD
ing over per cent.
Announcement was made that bids
are to be opened ut Washington
j uiy 20 for two bond issues of the
philippine government. One will be
for S5.000,0H0 and the other for
lo.c0o,o0O: The former is to be known
as the Philippine Irrigation and
fublic + dna Works 4k per cent loan. The
Slo.oo0,oOO offering will provide
money for the general treasury. Both
issues will be due in 1852.
Rail issues Firm.
Inc gains in the railway section
were sufficient to carry a number of
laVorites to their highest for the wear
included among them were the New
4 ork central refunding 5s when
Issued. Great Northern 512s, Reading
4s and Missouri Pacific 6s. Northern
Pacific 6s crossed So.
Evening star., 1922-07-17
Business Prospects Better
Than for Months Southwest
BY JAMES n. RECORD.
Snecial nisnatch 10 The Star.

special Dispatch 10 Inc Staf.
FORT WORTH, July 17--Corn
promises better in the southwest than
it has for some seasons and good
forage crops are assured. The future
of the cotton crop still depends to a
large extent on the weather and to
the extent to which the boil weevil
menace can be checked. The financ-
ing of the crop movements is assured
as the banks are in excellent condi-
tion to meet the normal requirements
in this direction. Building through
out Texas is still active. although the
volume of construction is not quite so
great in some sections as 1t was
earlier in the year.
General business prospects are bet
ter than they have been for months.
although business men are proceed
ing with caution inspired by the pos
sibility of deleterious effects from
the railroad strike. There is good
demand for automobiles and tires
and Wholesale tire dealers declare
collections are better.
Oklahoma oil refnerS are now busy
and shipments are going forward reg
ularly. The condition of live stock on
the ranges is excellent and the grow
ers are more confident that they will
finish the season with a goodly mar
gin on the right side of the ledger
Retail trade is showing seasonal
quiet in some sections, but heavy
autumn business is expected by
wholesalers and jobbers.
Evening star., 1922-07-17
STRAW HATS FOR 1928.

Straw hat makers have completed
orders as far as the present season
is concerned, and are now working
on next seasons production. Sales
men have been on the road since July
s, when the lines were opened. They
will be away for about hye weeks.
being scheduled to return about Sep
tember 1. The greater bulk Of re-
tailers' orders Is expected to be re-
ceived during this period, and the
nrenuf1 cturers plan their production
schedule on tho basis of orders re-.
ceived. In the eastern section, SEN
nits are again expected to be In most
demand. but the west and south are
large users of fancy braid straws.
Manufacturers say the current season
has been satisfactory. both from their
viewpoint as well as that of the re-
taller. ,- es
Evening star., 1922-07-17
Wall STREET NOTES.

Royal Dutch dividend of 16 per
cent, declared June 3. is equivalent to
$2.065 a share on American certif1-
cates and is payable August 1 to
stock of record July 10.
Texas Company earnings in six
months ended June 80 show much
improvement over a year ago. Sale
of oil increased substantially.
Regularly quarterly dividend of TX
per cent was declared on ]. G. Brill
perferred.
Broker houses which in busy times
transact a business of 10000 shares
and upward on the New York Ex-
change daily are now doing only
from one-third to one-half that
number.
The Philippine government Az per
cent bonds offered by New York and
Philadelphia bankers are reported
all sold and subscription books closed.
A Federal Reserve Bulletin in re-
viewing conditions says outstanding
points Of economic development are
the continued increase in volume of
production and advance in prices.
Mexican Seabcard for five months
of $14,o45,s1s. and total net income Of
$3,so3,s1o.
Subscriptions to $25,ooo,00o New
York Central refunding and improve
ment IS approximated $100.000,000.
Income account of Beechnut Pack
Ing for three months ended March 81.
1929, shows net profit of $3s2,2s1 af-
ter expenses, but before federal taxes.
North American Edison and sub
salaries for four months ended
April 30 show gross revenue OF
$9,72S,185. Net income reached
$4,072,116 and the balance after de-
Foreign demand for copper con-
tinues to expand. current consump-
tion for that account being at the
high level Of the month.
Metropolitan to 80 Cent Stores.
Inc. report gross saies OF $472,13s for
June against 33s1,87e In june last
year. Total sales for hrst six months
Of the year were $2.640,2S4 against
S2.0ss,sel In same period last year.
Evening star., 1922-07-17
MONEY IN PLENTY AND
RATES BOND IMPETUS
Rr the Associated Pnss.

By the Associated Press
NEW YORK. July 17.-Easy money
rates which were at the lowest figure
in several months were the impetus
for the strong bond market last week
and were responsible for the lotation
of another large block of new offer
ings. which totaled s70,00o.O00. as
compared with Ss6,25o.0oo the week
before.
Heavy trading in liberty bonds. five
issues of which reached new high
marks for the year. featured the
dealings on the big board. This was
attributed to large purchases by
banks, insurance companies and other
big institutions reinvesting July
funds, rs well as to government buy
ing in the opening market. Prices of
railroad bonds were better. especial
ly Of the junior or underlying issues.
The breadth and strength of the bond
market was in striking contrast to
the dullness and irregularity OF the
stock market
ferings Is not yet in a congested stage
is evidenced by the fact that the 50.-
900 guilder issue of the Kingdom
of Netherlands, the first foreign offer
ing in several weeks, was oversub-
scribed. and by the fact that the allot-
mentS on Che $L0,VVv,VVo 1>c" vi n
Central issue will be between 20 and
80 per cent, indicating total sub
Some heavy government financing
Is expected by local bankers INK. "a and nd
point out that the present market Of
fers the Treasury Department a good
war fiotations by a long-term issue
at a coupon rate Of rn.t not over nan,inIsr per
as at present they believe that such
an offering you'd be II heavily snI over over
empt securities being especially good
at this time.
Fiotation of a few South American
loans ia expected within the next few
weeks. These include include !, $4,000 :5fGHns
ra,nmb,a issue o an and an $4,000. 1000 issue Of
The Pacing 5s1%ay nSo Of that "a tSe seuns.y R
public of Ell Salvador. Bankers en-
gagged in the negotiations Of a long
term loan for Peru also expect to
make some announcement of their
progress next week.
Evening star., 1922-07-17
Improvement TREND
STILL uninterrupted

By the Associated Press.
NEW YORK, July 17.-With the
country's two major labor disputes
still contributing their elements Of
uncertainty. business and financial
news last week suggest that the
trend toward improvement IL unin-
terrupted. Railroad car 1oadings for
the last week in June were slightly
smaller than in the one previous,
which set q new high record for the
year. The loss Is accounted for by
smaller coal shipments, the movement
gain.
steel products II being maintained
were confirmed by the June 80 total
Of untitled orders Of the United States
steel Corporation. As Of the first of
books show 5.63b.oo0 tons Of unfin-
ished business. this figure being $751;
900 tons larger than on May 30. and
!. .49&, 900 above that on February Is.
when the low point Of the recent
depression was made.
1t is estimated. furthermore, that
the June 30 figure means that new
more than 100000 tons, which is
n volume exceeding the corporations 8
monthly production capacity. AT pres-
ent steel output IL experiencing .
mild check on account Of the rail-
road strike. the steel corporations
rate Of operations having been re-
duced from n per cent to Is per
cent. Meanwhile. the trade has de-
yeloped q certain amount Of anxiety
over q possible car shortage this fall.
pointing out that the increase in new
business, which would accompany
termination Of the strike. would COIN
eide with the sottve period Of crop
movement
Rates for the various forms Of money
are, accordingly, at the low levels Of
the present cycle. ana the question re-
market has quite touched bottom.
Evening star., 1922-07-17
Rail Strike in Frisco Area
Threatens Blow to Shippers
BY LYNN C. SIMPSON.
Snecial niknafch to The Star.


SAN FRANCISCO. July 17.-Farm-
ers in California assert that the rail
strike threatens to cause heavy loss
to fruit shippers, but in spite of this
conditions throughout the state are
most prosperous. Bank resources
show a steady gain. interest rates are
softer and desirable loans can be OBJ
tanned at low rates. Building is being
delayed somewhat by lack of ma
terials. The enormous demand seems
to have outdistanced the production
Of the mills.
Late crop estimates show improved
conditions all along the line. with a
large yield in prospect except in some
few varieties. A slight interruption
of train service, however, would
cause heavy loss. Although eastern
buyers are not rushing into the mar
ket for dried fruit, the growers re-
port a satisfactory demand for this
season and are not worried. They
say there is an export market which
will care for all surplus. Raisins
and prunes both promise large
yields, and the first dried apricots
went east this week. Heavy ship
ments of the latter fruit, however.
will not be moved for two weeks or
more
There has been a slump in the mar
ket for investment securities and a
temporary lull in real estate dealings,
but the latter is attributed to the lull
of the summer and vacation season.
Evening star., 1922-07-17
SILK OUTPUT METHODS.

SILK manufacturers in Germany
and France have not taken losses on
silks that American makers have
sustained, because their method of
doing business is different from ours.
according to q prominent dealer and
maker back from Europe. Foreign
manufacturers make goods only on
order and in this way avoid over
production. Here" he says. manu-
facturers have been operating on the
principle that it is cheaper to run
mills at loss than to shut down.
With overproduction prices are weak
ened, and until the distress goods are
gone buyers will, not be willing to
pay the manufacturer price. Manu-
facturers have begun to realize this
duction of fabrics in smaller de-
mand." The factor looks for q con-
tinuance of improvement in the silk
trade
Evening star., 1922-07-17
CHICAGO LIVE STOCK MARKET.

SnkShOo S1oSH NA"AsANA&
CHICAGO. July IT Omitted States
bureau of agricultural economics).-
Cattle-Receipts, $1,000 head; better
grades cornfed beef steers and
butcher she stock steady to strong:
bidding Is to Is lower on other
grades; few early sales Is OF: early
top beef steers, 1865; bulk. S.o0al0.00;
bulls weak to Is lower: most bologna
around 500; veal calves slow: early
sales weak to 25 lower: packers bid
ding mostly, 9.00as.26; stockers slow.
weak.
Hogs-Receipts. $1,000 head; opened
to 10 higher: later 10 to Is higher.
spots 20 higher than Saturdays aver
age on good light and light butchers;
others and packing grades slow; big
packers bidding lower; few early
sales strong to 16 higher: top, 1890:
bulk. S.70a1O.s0; pigs. Is to as higher:
mostly. 9.50e10.50; heavyweight, 1910
a1050; medium, 10.40a10.S0: light,
1o.7oa1o.so: light light. 1o.26a10.so;
packing sows, smooth. 8.35a9.25; pack
ing sows. rough, 7.S5aS.40; killing
sheep.Receipts, $4,000 head; sheep
about steady: fat ewes mostly, 6.50a
$50; fat lambs mostly Is lower: spots
Off more considering sorts; top native
lambs, 1880 to city butchers; 13.40 to
packers; Gull natives largely. 7.6oas 90:
good Idaho feeding lambs. 1900; best
fat western lambs unsold early.
Evening star., 1922-07-17
rEw UMBRELLA STYLES.

The country-wide dfspiay OF UNI
brejlas and rainy spell did not create
40 much activity among makers. but
thew face q cheerful outlook because
retail stocks have been greatly re-
IL. NJ the fact that business kept
nn NM we'll throughout the period Of de-
= rrpsssinn. but dropped suddenly at be-
ginninr of year. Reduction in sales
knt mskers busy at once on plans to
rsstore seliins volume. Show win
dow displays last May crested q vide
,ncnth Of June helped along the move
ment. FaiI orders, therefore, should
mSrnt TO satisfactory proportions. ~
nrdinsriiy Il is the best season for
the trade, Shorter handles are now
being played up, with the leather
bavs also become more active.
Evening star., 1922-07-17
a IS NOW BID FOR
RAILWAY COMMON
Three Points Above Last
SaIe-Stocks and Bonds
Are Firm.
BY I. A. FLEMING.

While there were no transactions In
Railway common this morning.
nominal advance OF ) points In the
bid price is an evidence of the gen.
eral feeling on the street regarding
the shares. This made the bid price
"a. while the asking figures were IS,
indication of a closer approach In
views of buyers and sellers.
So far as the prospective sale OF
27.500 shares Of this stock held as
collateral back of the Utilities notes
IS concerned. there were no new devel-
opments today. but sentiment on the
street is strongly hopeful that ne
gotiations will eventually be carried
to successful conclusion.
The preferred shares were just
shade easier. with sales Of 10 shares
at 1914.
Capital Traction was strong at 1ol
and fairly active.
Lanston shares brought 19, and Mer-
genthaler $50.
Washington Gas was traded in at
SIN.
in all matter of $4,000 bonds
were sold, face value. Prices held
well to a slight concession in buyers
favor
Capital Traction IS brought SO to
9Sh: Potomac Consolidated SIS. IS,
and Metropolitan r. r. 5S, 81.
Steel Heads Prediction.
Just before sailing for Europe on
Saturday. L. G. Grace. president of
the Bethlehem Steel Company, said:
II hope when I return that the two
strikes now beginning to make
themselves felt in the industrial
they are, good business will not be
wanting. All industries in the country
have undoubtedly been affected by
the strikes"
Western Union Earnings.
For the first six months Of the cur
rent year Western Union Telegraph
made net earnings of s5.6s2,S63,
equal. after charges. to $3.50 a share
on the capital stock. The second quar-
recovery in business and saving in
operating expenses.
Usually the final quarter Of the year,
including the holidays, is the best
quarter in the telegraph company's
year.
Otis Elevator Prosperous.
Otis Elevator Company during the
first half of the year earned, net,
S1,1s5.522, after interest, deprecia-
dividend on the preferred for the
semi annual periods and left 1896
share for the common stock
Personal Mention.
Charles ]. Bell, president Of the
American Security and Trust Com
pany. left today on his annual sum
mer fishing outing to Canada. Mrs.
Bell accompanied him. She can han
die a salmon fly and the fish itself
just as good as the next one.
Ernest E. Herrell, late vice presi-
dent of the Merchants Bank and
Trust Company. today assumed his
new duties as president of the Inter
national Finance Corporation.
Evening star., 1922-07-17
MORE LUGGAGE ORDERS,

Luggage makers say there has been
an increase in orders lately from both
jobbers and retailers. The period of
keen price competition which has pre-
vailed until recently now appears to
be ending. Some manufacturers have
already advanced prices on their lines
of suit cases and bags, owing to the
higher cost of cowhide and other
feathers. 1t is said that they have no
great amount of stock goods The Job
bers are understood 20 be in q similar
position. Up to the present. the job
bers have not bought much in ad-
vance and have been depending upon
the manufacturers TO make quick de-
livery. But, with stimulated de-
mand from retailers, owing to anti
cipation by some of higher prices. the
manufacturers are finding it difficult to
supply jobbers as easily as was the
case q short while ago.
Evening star., 1922-07-17
IMITATION RING FAD.

Manufacturers of novelty jewelry
evidently believe that demand for
this merchandise will continue for
some time yet. New ideas are being
brought out in this field very fire.
quenly. One of the latest Is a finger
ring designed on the old Chinese
style. II is described as a reproduc-
ton of the rings worn by the man
darins. The ring contains an imita-
tion jade stone in a Chinese setting.
with dragons coiled or creeping
around the edges of the jewel. The
color of the metal forming the ring
Is green. resembling green gold. and
is in keeping with the jade in the
center,
Evening star., 1922-07-17
Washington Stock EXCHANGE

m tsptal Traction 5s-$l. .OO0 At as, $500 a,
-. q 100 a: 9s. $500 q 9Sis. 81 900 az 9sL,
81 900 at 9Sh. "s'
., Me1ropolitan 5s-sl 900 at 81, 81 600 at 81.
Potomac Electric cons 5s-$1 900 at az
81 900 at 95, 81 900 at o5 '''
Capital Traction-7 at lO1. at 1o1. q at
loI; = at lol, 10 at lol. 8 at lol.
~ washington Railway and Electric CON-
c5 at 54R, 25 at SIS. 2s at So
Washington Railway and Electric pfd.-1o
at Ie1s, 10 at 1915. 25 at 1914. 2s At 49,
Washington Gas Iisht-25 at 57N. is At
Ianston Monotype-aO at 70, 20 at 70, 10
Mersenthaler Iinotype-s at l5o. 10 ,t $50
AFTER CALL.
Washington Gas 5-$1 600 at o4s q Ooo
at "a n. $1,000 at 94E.
Capital Traction 5s-$1 900 at esM, 81 900
Money-can loans. 5ae per cent.
Evening star., 1922-07-17
GETS AIRsHIP ORDER.
PUBLIC UTILITY

AKRON, July 17-Orders have been
placed by the War Department with
Goodyear Tire and Rubber, Inc, for
the first semi7rigid airship ever
built in this country and for five nom
rigid dirigibles. all of them equipped
for use of non-infammable heliunn
gas The big semi-rigid ship, which
il to be 800 feet long and have a
$50, b0,000-cubic-foot hull. will be the
first also to be built as an airplane
carrier Airplanes can be carried
on board the dirigible and dropped
or picked up while in full flight.
Evening star., 1922-07-17
LINEN KN1CKERs FOR SPORT.

Makers of mems sport wear report
excellent demand for linen knickera
The call has been 80 good recently
that some have found IL necessary to
cut up twice Rs much material as they
orjpinally intended While II was
originally thought that the vogue OF
linen knickers would help sales os
white fannel trousers, this has not
vet proved the case. II il still too
early to Judge the volume OF white
flannel trousers sales, owing to the
fact that this month, which 10 gener-
ally the biggest In point Of demand,
is not yet over. Some retailers. esps-
ciaily~ those catering to. the higher
class trade, say their sales OF Whiee
hannels have been good.
Evening star., 1922-07-17
PARIS B0URSE QUIET.

PARIS, July 17.-Trading was quiet
on the bourse today.
Three per cent rentes, 81 francs IS
centimes.
Exchange on London, IS francs IS
centimee
Fiye per cent loan, "A francs 50 CEN
times.
The dollar was quoted at IL francs
III ceptimea
Evening star., 1922-07-17
british UNEMPL0YED LESS.

onicial figures of the British min
istry indicate considerable improve
ment during this year in the employ
msnt situation In Great Britain,
which show that there has been 4
decrease OF 517.s20 In the number
of persons drawing unemployment
and Of Nay, a. compared to the num-
her. drawing benefits on January /.
The humbsr Of totally unemployed
nereens in. Insured industries de.
creased by 33S.l6o and the number
on short time was reduced by lS2.170
IA the above period.
Evening star., 1922-07-17
WOOL CONTINUES FIRM.
No Radical Price Changes Are Ex-
pected at Present.

BOSTON. July II (SpeciaD.-The
local wool market maintained Its
f:rmness of tone today. No radical
changes In prices are expected either
upward or downward by dealers at
present. Requirements costs are Arm
and dealers are loath to shade their
offering prices to mills. The woods of
the west have already all passed out
of the hands Of growers. although
some pools are still holding in the
hope of better prices. Some scattered
Texas clips have been disposed of in
the last week at trifie above the
late sale figures.
The shipments of wool on cons!gn-
ment to this market have not yet
started, however
Evening star., 1922-07-17
RAW SILK STEADY.

NEW YORK, July 17.-Raw silk
double extra cracks. 7.soas.no;. kan
sas best, No. l.. 7.4Sa7.6e; KAasaA, No.
=. al. 7.40A7.4t: shinau No.. !, 7.35;
Canton extras A 14-1S. 7.66: Shanghai.
China, steam al. gold double aesf. SIS
A8sl0. .Es.-e:-..--.l !, =. 90 - y. =.
Evening star., 1922-07-17

William q. Rockefeller has been
elected . trustee Of Consolidated Gas,
taking the place made vacant by
the death OF his father.
Evening star., 1922-07-17
Hides,

BOSTON. July II tSpeciaI Country
hides are commanding higher prices in
this market than at any time since
slump of 1920.
Evening star., 1922-07-17
Flour.

PITTSBURGH, July II (Special). -
Flour market here continues dull and
featureless, buyers apparently having
little confidence in the situation. They
are taking on flour for immediate needs
only.