davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

From . to 11:3o Saturday morn.
ing; steelS army cots, roinished;
wsulA sea 1t $500; new, SIS
each.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

Choice Of any bathing cap in
stock, from Csc b Sc,
Half pr;eN gs4a,s, SFN r.
Thirty, ladies' voile and gingham
dresses, sizes 16 to SO; worth $4.9S,
closing them out at S2.98. apiece.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

20 many licenses would - revoked
that prohibition would Substantially
y eneue.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

Ladies summer dresses, ten
$3.50 and $3.50 organdy dress
e, sizes Is and Is; seven $3.50
dotted Swiss dresses, sizes So to
az; twenty wolfe dresses, mostly
dark blue. and large sizes; choice
now $500 apiece.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18
Some Good Bargains from Our New Mems
Clothing Store. s%@~

Job-lot extra trousers, made to
sell with suits; good all wool ma
tterials; all suiting patterns;
would sell at $500 and $500, if
made up separately; just sixty
pairs to sell Saturday at $3.50
and $500 pair.
A "close-out" of mems two-piecs
percale pajamas, some with silk
braided frogs; some "pull-overs";
broken lots of pajamas worth up
to 1915; choice SI.5O each.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

0lsnn Kelly, Dsssnport attorney.
has requested the coancil Of that
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

One big lot, mems all white
striped percale and madras
shirts, sizes IA to IT; broken lots
of shirts worth to $2.45; Saturday
while they last, take your pick,
CSC; Jno mistake, 98c apiece.
Mems soft collars, corded eff
fects and plain weaves; tic.
Genuine Paris carriers, l9c
pair.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18
Women Are Buying
Curtain Material,
Early. Two Good

Examples:
Fresh fall curtain mate
rails, neso 36-inch blue
dotted curtain scriu,;
pretty for kitchen, bed
rooms or ruffled IL.
curtains; yard. :. lCI
8-inch curtain grena-
dine "a very fine quality
marquisette with an in
teresting dot figure):
takes the place Of a lace
curtain; not 5sc AOc
but. ward 80. :. Nv
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18
Advance Sale of Fall and Winter Blanket

If you buy those winter
blankets tomorrow, you can
save 1920 of your purchase,
besides this chance of buy
ing from fresh new blankets
selling at prices based not
on the present cotton mar
ket but on that of last jan
uary. We mention here only
two of these bargains
many more are here for
Saturday:
Genuine wool army bIan-
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

the Blake Speciality COMPANY. I'M,
address the Kiwanls club n ~
Monday luncheon of the. orrs,,ss
ton His subject will Be .r,sse
Conditions"
Polo can be traced hack 70 =.
B. C.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

From . to 1850 Saturday: s.
quart pure alupinum Sc pudding
psns, enc to al for 4se.
From : to 4 o'clock: One hun.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

So Turkish tewels: quality limit;
nc apiecA
Fun finch vaGh elosAs 10
~
match, Sc spieca.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18
Warm Summer Days-Cool Airy Frockts,
Halt Price and Less.
DEPARTMENT STORE

Many September days will demand just such frocks rs
sale here just half their former prices Yes
charming enough buy at FIRST glimpse you don't wear
them a day this summer s4.,
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

quality; white q champagne;
$1.15 pair.
Saturday afternoon from 2 to 4
o'clock: Genuine Chsutauqus 1ox
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

kets, average size 66x84,
gray or khaki; mostly new
blankets, never used; cheap
asyear ago at A.39; these,
'$2.9e; and a 1920 discount
on each blanket.
Genuine all wool plaid
blankets, 66x8O size; sold
last year at $1,000; going in
this sale at $3.50; and an
additional 1920 discount on
each blanket bought during
this sale.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

Cut glass sherbet glasses
to match, 500 dozen.
Half gallon colonial glass
water pitcher; soc apieee.
4E-quart pure aluminium
tea kettles, worth $3.@;
Saturday, S3.7s.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18
Good Housekeeping Helps:

Paper picnic plates; s or
9-inch size; 2 dozen to each
for &c.
Genuine American cut
glass gobleta, grape de-
sign; while this shipmen.
lasts; $40 1ssen.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

Closing mem. hot weather suits cheap. Palm Beach,
Tropical worsted SUITS nohar SUITS worth $780, many
dark suits among these; three price lots: $780, $1,000 and
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-18

New arrivals in mems fall and suits; wiry dark blue
serses and fancy wosteds with tiny silver stripes weeds
etc., most Of them with pair trousers; $500 and up
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
switch in Bank stocks

ou,silon--f have N shares National
B,nk ~ Commerce paying ; per cent quar-,
terry and selling a. 7sf wish % sell n
and buy National Park Rank selling A.
as DO you think this II advisable -
Ansv4r-Wc know Of no reason why
you should not exchange your stock
holdings Of the National Bank Of Com
mcrce In New York for those OF the
National Park Bank, although ee
do not exactly see any special
object 70 be gained Il is true that
the latter pays s2l annually ard
sells AZ less than twice the price
Of tho former, which pays only Slz a
year regularly. but IL must not be for
gotten that the National Bank Of Com
merce paid an extra dividend Of 4 per
cent January 3, 1922, and the price
Of the stock is based on expectations
Of the continuance Of the rs per cent
rate. The National Park Bank has not
paid an extra dividend since January
3. 1921. As a matter Of fact, the prices
Of the two stocks are virtually on the
same level, assuming that Commerce
again pays an extra dividend Of { per
cent and the Park does not pay an
additional dividend. As far as security
Of principal is concerned there is little
difference between the tTo, 50 far as
we can see. Whether you should make
o change, therefore, is personal ques-
ton which you alone can decide.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
Interborough Final Settlement

Question-Would you advise holders ~
Intsrborough Metropolitan ~ per cent
bonds and Manhattan stock - toin pro-
posed plan Or hold until final settlement
IT. W. McS.
Answer-We do not quite understand
what you have in mind when you say
wait until final settlement" In the
case Of the lnterborough Metropolitan
Ans. the only final settlement for a
holder who did not assent 10 the plan
would be, in case the plan goes through.
10 accept his share Of the proceeds Of
sale Of Interborough Rapid Transit
Company stock securing the bonds and
the sale also Of the other Interborough
Consolidated assets: and. in case the
plan fails, sale OF this stock and
these assets under bankruptcy settle
ment. The latter sale would be carried
out under less advantageous conditions
than the former. Assuming that the
plan goes through, the Manhattan Rail
way stockholders who do not assent 70
the plan cannot get higher dividend
rate than that agreed on in the plan.
II the plan does not go through, the
elevated properties will be turned over
10 the Manhattan Railway Company,
assuming, as every ore does, that a re-
ownership will ensue, and the stock
holders will have 20 take their chances
OF getting out Of the properties larger
dividends than the resdjustment plan
calls for. The most Logical course 20
follow would be TO participate in the
readjustment plan.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
Ha. sf6noO0 for Stocks

Cusetlon--T have client. a business
man. Who wishes % invest about $4,000
IN Are, class stocks. ard I would 'hapk
you very much indeed n YOU will kindly
furnish m. with the names Of those which
YOU consider thu safest and most appfo-
rrlate for his purpose lie IL not dsrend
investment .or his support ard nether -
he Interested In bonds When replying
pl-ase indicate the number ~ shares -
each you would think advisable for him -
lry IN order 20 have we'll balanced Dis
tribution OF this amount ~ capital. rot
fnrcs,tlns % course. the importance % a
proper diversitestien.-F g. ".
Answer-In making up this list we
are not unmindful Of the fact that you
ask for the safest stocks. But you ask
also for the most appropriate stocks.
meaning those best suited for a person
Who has $3.50 900 70 invest but does not
need the income Immediately. For the
latter reason We have set down three
stocks, namely, Anaconda, Kenneeott
Copper ard General Motors, which have
not resumed dividends. We nave also
included in the list Steel common,
American Locomotive common, Mon
tana Power common and the common
stocks OF Union Pacific. Atehison ard
Norfolk & Western, but in doing so
have not overlooked the plain fact that
the preferred stocks OF these comps.
MES are safer. Your client can afford
20 take these better grade common
stocks rather than buy the preferred
shares at or near the highest prices
AZ which some OF them have sold in a
decade. Il will be for you or your
client 70 decide whether he requires
the greater safety Of the preferred
stocks. We suggest fifty shares each
Of the following stocks; Endieott-Jchn-
son preferred, American Locomotive,
American Car and Foundry. General
Electric, American Tobacco, Class b;
Lorillard, United States Steel. Atehison,
Union Pacific. New York Central, Nor
folk 4 Western, Standard Oil Of In
diana. Brooklyn Edison, American rele-
phone and Telegraph, United states
Rubber preferred. Cubsn'Amsrican
sugar preferred and 100 shares OF
American Ice preferred. Westinghouse
Electric and Manufacturing. Kennseott
Copper. Anaconda Copper. Texas Com
pai,y. General American Tank Car pre-
ierred, Montana Power. Msnati Sugar
preferred and 200 shares zach Of Cen
eral Motors and Hupp Motors. The
aggregate cost Of these stocks at re-
cent market prices would be within
$4,000. .-..-.----
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03

Question: am ths holder Of the fol.
lowing bonds and have for some time
been contemplating making few change.
5000 81. f,ouis-south-estern Terminal
unined S. 1885,, 1000 81 l,ouls'san
Francisco Inc. g.: 1850 Liberty bonds
5rd as Deing business man. feel
that I can take some risk VIII hold
The s., Louis-southwes'ern S. also the
ST. Louis-San francisco sc. So. as feel
both roads are IN good shap. and making
money. Will sell the income - when
they get about 40. which 7 feel will Be
before october ~ this year II Is my
b,s, Judgment that Il may not be bad
idea 20 sell the Liberty bonds and buy
$1,000 Missouri Pacific general mortgage
g. due 1878. selling about IS, 81. 300 Csi'
cago Great Western Is. due 1883. selling
about 81 VIII be guided b. your al
Vice. as you have helped M before. II
there IN anything slse you could suggesl
would appreciate 70 very mueh.-A. NJ p.
Answer-We fear any suggestion
from US on the proper securities 70
accept in exchange for Liberty bonds
would not be we'll received. We would
not choose either the Missouri Pacific
general Is or the Chicago Great West
ern r. for an investor whose primary
requirement Is safety OF principal. But
as long as you can afford 70 take some
risk. these bonds may be suitable. The
smount OF risk 70 be taken Is some
thing which you are best able 70 deter
mine.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
Nav Exchange Bonds

Question: will appreciate :, very much
II you will give rs your opirlon ~ The
following bonds. Yirglnis-carolina Chsmi-
cal frr So sun OF IL. 1877. Potomac
Electric Power S.. 1874 Whichever Arms
7iss United Drug &c. Central steel s..
Otis Steel =. Southern Railway sAs. Cen
;rsl Georgia Power s.. is3i North Caro-
Ina Electric Power S. 1870, Rsynoid To-
bacco preferred Durham Hosiery NILS pre-.
ferred j y. p.
Answer-YourY Virginia csrolina Chem
zeal IS mature next year, and we
think IL would be advisable TO ex-
change them, and also the Potomac
Electric Power es. for something OF
longer term. We suggest Montana
Power IS. 1913. selling recently 70
yield about 81 per cent, and Public
Service Corporation OF New Jersey IS,
1859, selling recently 70 yield about s
per cent. All your other securities,
including the two preferred stocks,
are suitable for investment and need
not be disturbed.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
Sugar Merger Near

One Of the strong spots in the sugar
group was Cubsn-Ameriesn sugar
which advanced TO new high for the
year NJ 26n. stock Of this company
has not only been bought because OF
tho marked improvement in the market
for both raw and refined sugar. but IS
also believed TO be based on prospects
Of an carly contamination Of merger
negotiations with the National sugar
Refining Company. The terms OF the
consolidation, which are expected 20 De
oficialiy announced early next week
are understood TO provide for an eN-
change Of shares on the basis Of one
share Of Cuban-American preferred ana
% shares Of common for one share oi
National Refining. II vas announced
Yesterday that IS. II. Howell 4 Sons
will no longer act for National sugar
Refining in the purchase OF raVs ana
tho sale Of refined sugar. Tran'se.
tons hereafter will be made IN nc
name OF the refining company as
DEVELOPMENT is believed 20 be pre-
liminary 70 the projected merger
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
What's Behind
Actiue Stocks?
l0-Utah Copper

The Utah Copper Company. one
OF the few in this industry 70 main.
tain dividends during the period OF
stagnation, was incorporated in
1904. The current dividend rate is
80 a share, or 90 per cent on 1924
900 capital stock Of $40 par value.
The loss Of si,57T,oo0 before diyi-
dends in 1921 was due 70 q complete
cessation Of mining during two
thirds Of the year. Net earnings
during the preceding ten years
ranged from 1894 a share in 1920
70 S24.s6 in 1916. or an annual
average Of s9.44. Dividends have
been paid regularly since 1905,
ranging from 81 TO si4.5o, including
extras and capital distributions.
Mining operations were resumed on
April 4. 1922. and copper Is now NOV
ing more actively than at any time
since the armistice. On December II,
1921, current assets totaled 49,
al 900. including s4,i23,o0o Of cash.
Metal on hand was carried st 3d.
100000. compared with sl0,597 900
az the end Of 1920. Net working
capital was Sls.s6l .00o. and the com.
pany had no bank loans. The
company has no funded debt except
an So per cent share in the s27 ,OV0,-
600 Of Copper Export Association
notes. Net tangible assets applica-
bic 20 the stock on December 81,
1921. amounted 10 s52.7si. 600, or
the equivalent Of sS247 a share.
Range OF stock since 1905: High,
1870, in 1915: low. l3, in 1907; yes
terday's close, 6sh.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
In Wall Street
Tn. Ind,n.ndent Steel MerEer

The common stocks Of the North
American Steel Company. the name
tentatively fixed for the new combine
including Midvale. Republic and In
land steel. was tradod In on the Curb
Exchange yesterday on when issued
basis. Sales took place between 80 and
81. the last sale being AZ the lover
figure. The new preferred was quoted
At %. on the stock Exchange Midyale
sold OF sharply following ofieial an
nouncement Of tho terms Of the merger
while Republic showed a fractional ad'
vance. The three-company. combine
will have a rated capacity OF 1000 600
tons Of ingo,s annually and capitallIa-
ton. based on the proposed exchange
Of securities. Of s70,3is,0o0 bonds. $780,
33i 400 preferred stock and about g.
100000 shares Of common. The latter.
however. may be increased II bankers
shares arc issued.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
Sterling Above si.lS

Sterling again was the conspicuously
strong item in the foreign exchange
market yesterday, the quotation for
cables soaring az one time to as high
as s4.4sA. The close at s447% vas
/ 9-ls cents above the previous finish,
while tho top price was more than 80
cents above the low for the year, re-
corded in January. Marks did not fare
50 well, and the rest Of the list was
subject 70 only fractional changes.
Tho more favorable turn in European
affairs is particularly influential in the
case Of sterling because Of the con
structive bearing Of a general settle
ment upon the British trade outlook.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
California Petroleum

The outstanding feature Of yester-
davis market was the advance Of "a
points in California Petroleum. Al
ono timo during the market session
the gain over Thursdays last sale
amounted TO SIS points. In seeking an
explanation for the remark ole display
Of strength in the stock the street hi'
upon tire possibility Of a merger pc
tween this company and Pacific OIL
which had a net rise OF ga points.
According 10 the story heard, but
which was not credited By those con-
versant with the affairs Of both COM
panies, a merger is TO be effected on
a share for share exchange, and after
this is accomplished the consolidated
concern would be acquired by the
Standard Oil Company OF California.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
Advance i'm Oil
Stocks Feature
OF the Market
Motor Securities Also Share
in the Upturn as Rails
Turn Easier i'm Quiet Trade

with rails once more inactive and
slightly easier in prices. speculation
yesterday eentered on the industrial
shares, particularly the oils and the
motors. There was active bidding up OF
q number Of the petroleum shares. with
California Petroleum ard Pacific Oil
about which there has been merger
talk. a. the van Of the movement
Speculative interest In the oil shares
has been heightened by belief that the
consumption Of oil will increase as
result Of the revival Of the automotive
industry and the general quiekenine
Of industries, more ard more Of which
are using oil as fuel
TIE rail shares. still depressed By
uncertainty regarding the effect OF
rate adjustments on earnings by ad-
verse Supreme Court decisions in the
Reading and Southern Pacific cases
and by loose talk Of the possibility OF
a railroad strike as a result Of the
most recent wage cut, were compare
lively neglected The independent steel
shares we're less eagerly bought than
Steel common. which touched 1903, the
highest quotation since 1920. Buying
Of steel was traeeable TO the state
ments made before the Lockwood com
1saittee, some Of which Judge Gary yes
terday denied on the stand, that the
Steel Cooperation was able 20 manu-
faeture steel cheaper than any Of the
independents, which survived only By
.uferanee. Midvale declined 2k points
DESPITE the contamination Of the three
company merger In which it will par
tieipate, whereas Republic was only
fractionally higher There was fairly
active trading on the curb IN the
shares Of the new combination. ten
tatively called the North American
Steel Company, between $50 and s5l
a share.
An important event Of the day was
the publication Of the government re-
port on the condition OF the cotton
crop, which placed the condition on
May 25 a. sos. compared with SO
wear ngo. and a ten-year average OF
7s.s. The report had temporarily
depressing effect on the days prices
hut us influence was momentsry, a'
The nature Of the report, which CO.
irc.ded TO a large extent with private
estimates, had been discounted. Cot
ton quotations closed 81 to 80 points
higher as a result Of heavy rains and
favorable weekend figures. With cot
Ton consumption and exports inereas'
ING, the prospects Of shortage Of the
hber are looming up.
Wheat prices reacted slightly after
Thursdays gains.
Sterling cables climbed 70 s4'47%
the highest quotation since the sum
mer Of 1919. and the Continental ex
changes were irregular.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
Money Holds Firm

A renewal rate OF per cent for
call money, the highest opening charge
since February 27, served 10 stress the
disturbing effect Of the June dis
bursements upon the market for speeu'
lative funds. The dislocstion has been
greater than the average because OF
the relatively large size OF the pay
ments. The start Of the adjustment
70 normal was indicated in subse-
quent lowering OF the rate 70 IA per
cent. with the probability that the
easement will be aeceutuated as the
concentration Of funds for the June
Is tax payments and other financial
operations Of the government gets
under way.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
HYDRAULIC steeI-spIeer Manufacturing

Talk was heard yesterday OF an I'M
pending merger between me hyu,aule
Steel Company and the Spieer Manu-
featuring Company. The former makes
steel frames for automobiles. while
Spicer manufactures universal lolnts
and propeller shafts In view OF the
general tendency toward consultations.
in the auto industry combination Of
the two companies IS regarded as
natural development Hydraulic steer
is reported 10 be showing monthly
earnings from is auto frame business
equal 70 several dollars share on me
sinck
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
The Dollar in Foreign Exchange

Sharp demand for sterling resulted
IN a new high quotation on exchange
on London since 1919 when cables on
London advanced 70 s445H. The close
AZ s447E represented a net advance
Of e-i6 cents.
Continentsls did not move with
sterling, and French francs and lire
sagred. but Swiss francs recovered
slightly. Guilders again were at the
2q.renf level
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03

LONDON, June 2. = Iradlhs =.
cpIst on the Stock Exchange 'o-e..
Cilt edge securities we're easier on 90. ~,
r,.ek.end realizing. oil shares =,
british industrials were irregular "
eold was quoted az OPS I'D: money NJ ~,
loaned at 2 per cent Discount -
were: Short bills. 25.l6 per g..
three.month bills. ~ al 7-io per g., I,
consols for money we're quo'so
ssi1. ex interest; British ; per 81,
loan AZ ssh and British "a per O.
loan az os.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
Loans Well Received

Quick oversubseription Of the s24,.
100000 Republic of Bolivia loan and
the favorable reception Of other Offer
ings yesterday supplied further evil
dence Of the absorptive capacity Of the
investment market. despite the recent
pressure which IL has undergone. In
the case Of the South American fnane-
ing. the S per cent coupon rate was
undoubtedly a factor in stimulating
subscriptions, as this is yield which
is rarely available these days.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
Freennrt TeIaS

The advance Of a. points in Free
mort Texas Yesterday was one OF me
outstanding features OF tho ms' 80
session. One sale alone was Tor o'oVy
shares az 2si1. and after this stock
Rad been absorbed the upward yioVe-
ment was accelerated by further heavy
buving. which carried the price up 20
os3.. the high quotation for the DAY.
Concurrent with the strength IN inc
stock was the remarkable rise IN the
company's per cent bonds on me
Curb exchange. From a low OF $50
thew skyrocketed 20 1851 and closed
At lhb.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
Investment
Information

Qu,stiors Of general irtsysst 70 IN
vss,oys viu BE- answered IN ,ts col
umn. IN which osse oriy initials ,otH
BE- used. Others to,u Be answsysd by
mail Addrsss oil inquiries. ineios.
ing stamped, addyesssd euvsiops, 70
Financial Editor. The Tyibuns. Bs
Nassau Street. New York Cuy.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-03
Paris Market Firmer

PARIS, June 2.-Pr.ees were ili ~,
on tho Bourse to-day. Three PER e. r..
rente., So francs % eeniimes ~
change on London. IS francs - 49,,
times. Five per cent loan, u - !,
SO eentimes. The dollar was quo''s .
10 francs EN- eentimes.