davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1922-08-25
SPOT COPPER

By AssOciated Press New York. August 24.-Coffee: Rio No. T. 1b-16c, Futures firm. September 9.zsc: December. 9.ssc.
The Birmingham age-herald., 1922-08-25
POTATOES Hv AesocinfH1 prc

Chicago. August 24.-Potatoes strong CT on white, steady on Early Ohios: re- ceipts, 50 cars; New Jersey sacked and bulk Irish Cobblers. s2Q2.15 cwt.
The Birmingham age-herald., 1922-08-25
NEW YORK CURB LIST
By Associated Press

the New York Curb Market today were as follows;
The Birmingham age-herald., 1922-08-25
CASH GRAIN By Associated Press

Chicago, August 24.-wheat. No. rcd, sIo5A; No. hard. s1.o5% @ 1.0sh. Corn. No. 9 mixed, 6347 @64Kc; No. ? yellow SAC. Oats, No. white, S3 3Q35c; No. 3 Barley, 50Q 56c Timothy seed, S495. Clover seed, s12Q16. Pork nominal; lard, s1O.57: ribs. S9.5OQ1o.75. ?
 St. Louis August 24.-Cash wheat. No. ? red, S1.10Q1,11; No. 3 red s1.0s@ 1.0s; September, s1.oO%; December, s1.0i %. Corn No. l white, 6211c; No. white, 61hc; September, e0c bid: December. 54 @545sc, bid. Oats. No. 2 white, 35c; No. 5 white, 34QS4hc; September. 32c. bid; December, not quoted.
The Birmingham age-herald., 1922-08-25
Foreign Bonds

13 Cana S'shlp 7s... 951s 95E 95M 29 King Serbs Crts ss. 95la s5h 96iS 40 NY NH Fr Is -. 7tk TX 74A
 S7 U s Mexico 4s -. s91a ssN ssH
The Birmingham age-herald., 1922-08-25
Standard Oils

900 Anglo Am Oil.; 20 zv zV 50 Galena Signal oil.. 51h b1 h 6l h 20 I'll Pipe Line, .167 167 1S7
 30 Ind Pipe Line...s.. 96 s5 9e 15o Prairie Pipe Line. .2e6 261 261 12sOO Stand Oil Ind. .,115h 114h ll4% 4S0O Stand oil Ky.new 101 99la 100 % TO Stand Oil N Y....44s 442 AZ
The Birmingham age-herald., 1922-08-25
SUGAR MARKET By Associated Press

New York. August 24.-An operator sold 21.0oo bags of store Cubas to re- liners at 4.S0c. which is now the spot price for Cubas delivered
 Raw sugar futures were active and gen eraily weaker, with net loss of 13 to 22 points. The market reached new low ground for the present downward move ment, closing g to 20 points net lower. Sales were estimated at 95,000 tons Sep tember closed at 3.0Sc: December 3.27c March, also; May. 3.26c.
 One refiner dropped his list price to 6.50c for fine granulated. and. it was be- lieved others were meeting this price quietly, although still adhering openly to the former list prices of 6.75@7c.
 Refined sugar futures nominal.
The Birmingham age-herald., 1922-08-25

New York. August s4,-s,eel prices uu-
The Birmingham age-herald., 1922-08-25
LONDON MONEY

<ksHVOHtktSU FtSS London August 24.-Bar silver, 35Md per ounce. Money, per cent. DiscAunt rates: Short and three-month billk 3M Der cent.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12
WHEAT PRICES
DECLINE after
HIGH OPENING
(By the Consolidated Press.)

Chicago, Sept. 12.-Wheat had a
heavy undertone. The market start
ed higher on buying credited to
seaboard account and on overnight
short covering because OF the
strength in Liverpool. Southwest
cash houses sold on the advance
and this, was followed by local
pressure. Commission houses sup
ported the market on the dip but
northwest houses continued to pour
wheat into the pit and finally bulls
tired of supporting the market. and
when they withdrew q further de-
cline was recorded. September
liquidation appeared to be on.
There was a break Of &c to SC in
Minneapolis cash wheat premiums.
Canadian wheat crop is now ofici-
ally estimated 3SS,733, 900 bushels,
or over 100000 bushels in ex-
cess of the August estimate. A
local house reported the sale Of
10000 bushels of hard winter
wheat now at Montreal at 13c over
September t. o. b. Montreal for ex-
port. Strength in Liverpool Sep
TENDER was attributed to buying by
millers. Reports of rail strike set
| Element induced some selling.
Corn was weak. There was sup
! port from the pit trade early but
the pressure of liquidating sales
and selling by some Of the bear
leaders caused prices to dip. Crop
reports indicate that the damage
by the recent drought was not so
severe as reported week ago.
Cash corn lost some of its premi-
um, the greatest weakness being
on the lower grades. Local houses
sold $4,000 bushels of corn to ex-
,,porters and seaboard reported
1OO, 900 bushels worked for export
Oats were lower with Other
grains. Trade was slow and with
out much interest. Local houses
sold 10000 bushels to exporters.
Provisions were easier. Commits.
sion houses led the selling. Pack
ers' brokers supported the market
! Wheat closed Is to 1c lower
showing very little recovery from
the low point, Sept. 991s to IS; Dec
1.OOB to 1-O1; May, LOG to IS
Corn closed unchanged to * lower
Sept. 62A; Dec. 565s to y; May
6Oh. Oats were rs to " lower
Sept. BAN; Dec. 341s@B; Ma!
371a to 20. Lard closed TIC high
er to sc lower and ribs 15c lower
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12
DryGoods Market
BY STUART r. WESy
Copyrlght. lv22.J

New York, Sept. 12.-Uncertain-
ties connected with the production,
sale and distribution of cotton
cloths held down the volume of
trading today apd made traders
chary Of making commitments for
future delivery. The extension of
the wage increase movement in the
New England cotton mills was one
OF these factors and the rail strike
situation was another. Prices,
however, were firmly maintained
and fair volume of trading was
put through in standard print
cloths, sheetings, sateens, drills
and pajama checks.
There was moderate amount OF
business transacted in the silk
market with the prevailing price
levels subject to some shading in
individual instances.
WOOL.
Boston, Scpt. 1.-THE wool trade
is anxiously waiting for the tariff
bill to become a law, confident that
the volume of business will in.
crease materially when all uncer.
tainty over wool rates Is at an end
Trading was on fairly broad ba-
sis today with prices fully up te
the prevailing levels. In view O,
the possibility of the heavy impor.
tation Of Australian woods the com.
ing sales in the antipodes which
open at Brisbane soon will be
closely watched. Ohio and Penn.
sylvania fine delaine were quoted
today at 81 to 81 cents.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12
Curb Market
BY STUART p. WEST
Copyright. 10az.s

New York, Sept. 12.-There was
very little of importance in the
trading of the curb exchange to-
day.
Profit taking brought about low
er prices in some of the Standard
Oil group although operations for
"a rise made quite a Roadway in
various industrial specialties. In
terest in department store issues
slackened.
Standard Oil of Indiana at one
time was up over two points while
Imperial Oil of Canada fell off we'll
below the previous close. Standard
Oil of Kentucky started in strong,
reaching a new high for the year
Subsequently it encountered large
offerings and lost all of the early
gain. Vacuum Oil and Standard OF
New York has substantial advances
but Ohio Oil following Mondays
sharp upturn, lost several points.
There was some demand for Cit
les Service issues possibly connect
ed with the announcement of the
completion of two new wells by the
Empire Gas and Fuel company, a
subsidiary of Cities Service, in the
Burbank field in Oklahoma. Each
well is producing $50 barrels day
! thurman Oil was Influenced by re.
ports of the bringing in of 49,.
900, 900 foot gas well at 1850 feet
on its Barnett lease in Oklahoma
Little of interest happened in othel
oil shares, except in the case Of
New England Fuel Oil, which ad
vanced several points on a limited
number Of sales.
Intercontinental Rubber, coinci
dent with the reaction in rubber is
sues on the stock exchange, worked
somewhat lower. Durant Motor.
went fractionally lower on realiz
ing sales while Hayes Wheel reach
ed another new high record. Other,
of this group were practically ne
elected.
Kuppenheimer common also wen
into new hign ground but contin
ued irregular throughout the re
,mainder Of the season. Gimbe
common and Macy common los
some Of their recent gains. Schult,
Stores had a further sharp reac
ltion.
Mining shares were fairly active
Magma Copper and Hollinger estab
Fishing new high records on heav,
transactions.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12
JEWELL SAYS
STRIKE PEACE
BASIS FOUND
Continued from First Page.)

Continued from First Page.)
the purpose of the government to
curb constitutional rights or re-
strict free speech, free press or
peaceful assemblage.
Daugherty Is Silent
Mr.. Daugherty took no active
part in the proceedings during the
preliminary stage, but sat at the
government table surrounded by
his aids, the heaviest battery of
counsel the government has ever
thrown into a court action Of this
kind.
Through the early stage of the
hearing Blackburn Esterline, as
sistant to the solicitor-general, act
ed as spokesman for the govern
ment forces.
With the temporary order ex-
tended after he lost his motion to
dismiss the entire proceedings,
Donald R. Richberg, attorney for
B. M. Jewell, head of the railway
employees department of the Ameri'
can Federation Of Labor, and John
Scott, secretary of the organization
served notice that his next move
would be for prompt modification
Of the injunction.
Mr.. Richberg explained that he
and Frank L. Mulholland of Toledo
Ohio, were representing MIR. Jewell
and Mr. Scott DerSOnally
U. 5. Charges Sabotage.
Although the early part of the
hearing was given over to Mr. Rich.
berg for his attack on the attorney.
general and the injunction, the gov.
eminent got in with some of it,
sensational charges of murder
sabotage, terrorism and other form.
of lawlessness.
A statement by the attorney-gen
erals staff disclosed the nature O
the governments testimony ant
evidence.
"Since the commencement of tn,
present railroad strike acts of dep
relation have been committed il
practically every state and judicia
in the United States" the statemen
said.
$50 Trains Annulled.
Mail trains discontinued as a re
suit of strike conditions we're Sc
down as approximately $50, and tn
damage to California fruit grower
/ alone through transportation tie
! ups, was estimated at $4,000 600,
The statement specified in detail
many of the disorders mentioned il
the general charges.
Meanwhile as the injunction pro
ceedings continued in Judge Wilk
erson's court, Mr.. Jewell, with hi
policy committee of 80 resume
their conference in downtown
building. Neither Mr.. Jewell no
members of the shop crafts execu
tive council would discuss what ha
transpired in their meeting.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12
new REFORM
THREATENING
JERSEY CITY
Continued from First Page)

Acres is almost a household phrase,
not only throughout the length and
breadth of the United States but
the world over. When you con-
slider that name has probably been
printed in every newspaper in the
world, prior to and following the
Dempsey-Carpentier fight; that it
again doomed up in the press coin
cident with the Leonard Tender
fight, all of which means that it
found it's way to the tongues Of
many men of many chimes, and by
that same token was bound to be
inseparably associated with the city
in which the arena was located, you
can readily appreciate that Jersey
City lost nothing, and never will.
through the use of that title.
Affirmatively / can quickly rec
ognize the publicity value that at
'taches to such an unique title. The
attention of the whole world has
been focused on Jersey City just
because of this title. There is not
a follower of the game today for
instance, who does not realize that
Franklin Field Immediately sug-
gests Philadelphia; that the Polo
Grounds indicates New York, and
the Comiskey Park recalls Chicago.
Personally have found that visit
ors to Jersey City ask to be shown
not the arena where Dempsey and
Carpenter fought, but 'Boyle's
Thirty Acres
Trusting that you and the very
wide-awake and enterprising asso-
citation you represent will be con-
verted to realization of the great
value that attaches to the present
title, / remain, ETC."
But the women are not convinced.
1t was stated today that they will
take the matter up at another meet
ing Of their association during the
present week and will renew their
request in q manner that will con-
vince the '.mere men" Who consti-
tute the mayors committee that has
the matter in charge. Failing then
they simply suggest that, possibly
the question of advertising a city
or an individual may be the medium
OF comment In n Ctr A1A4EiAn
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12
LIVESTOCK run
FALLS SHORT IN
ALL BRANCHES
fBy the Consolidated Press.)

U. S. Yards, Chicago, Sept. IL
Compared with last Tuesday to-
days runs fell short In all branches
of the trade. There was no mar
ket at this point last Monday. and
that fact counted many animals in
to the run, when they really arriv-
ed during the holiday. Choice
steers have had market OF their
own during the week. The top to-
day was placed at 11.35, or at the
high point of the year. Hogs and
sheep show an increase in values
compared with the close of last
week. Receipts were estimated at
$4,000 cattle; $4,000 hogs; 1900
sheep, and 5000 calves.
CATTLE.
Anything in the steer line selling
at HOO and above, made strong to
1O@15c higher values today. but
other grades were not active at
steady values. Some 1000 pound
steers sold at 11.25, the previous
high point of the year. There was
a fair demand for butcher stock al
unchanged price levels. Choice
cows went at 7.00@7.50. Bulls
were strong to a dime higher, best
bolognas going at $4@4.35. Calves
also were strong. Quality was
much improved and packers paid
1200@125O for choice lots.
HOGS
i. Light hogs sold strong to 15t
higher from the start and goot
heavy butchers also shared in the
gain later in the day, when goot
lots went at 90O@9.25. Some 19l
pound hogs made the top of the da!
at 9.75, willie rough packing grade!
went at 6.5O@7.00. Pigs sold VI
to 900 on a 15@25c higher market
SHEEP.
Lambs sold steady to strong
Quality was not as good as yester
day. Good western lambs sold a
12.50@12.70. while some native
went at 1890. Good breeding eve
sold at 700, while light killer
made $50.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12
Bond Market
BY 81 UAR~ P. WEST
(Copyrigkt. 1921

New York, Sept. 12.-Trading in
the bond market was fairly active
today. Prices in the main were
firm. The influence of the rate of
81 per cent fixed by the secretary
of the treasury for the new govern
ment obligations was still evident
but predictions of 3h per cent re-
turn in the near future were con-
sidered premature.
Liberties were all strong Tie
tax exempt 314s led the market IN
the upward swing and the first
AVS and the fouht 4As were prom
inent. Except the French issues.
which were easy, foreign govern
ment issues were generally high
er. Cuban IS of 1904 were up near
ly three points at 95N This, how
ever, is still more than their three
points under their high for the
year.
A notable exception among rail-
way issues was the Chicago Great
western As. These dropped Is
points from Mondays high to 451s,
but rallied slightly later. Doubt
less this weakness was in
sympathy with that shown in the
stock.
AS matter of fact the July
earnings statement of the Chicago
Greatwestern showed no very great
change from that indicated Garlic.
in the year. On the returns for
the first seven months of 1922 the
road is earning about two-thirds OF
fixed charges. Inasmuch as oper-
ations for the last four years of
government compensation is net
taken into account resulted in
deficits there is nothing very new
about the situation.
Apparently some factor was in
operation not generally known to
the public. The first As are secured
by first lien on 757 miles of road
and first collateral len on PIT
miles. Outside of the Chicago
Greatwestern collapse railroad
bonds generally were unchanged
or higher. B. & o. SIS at one time
were up point, Nothern Pacific 6s
weer strong and the st. Louis and
San Francisco issues were in de-
mand.
Evidence of the favor in which
Public Utility securities are still
held was at hand and details of the
new offering of Kansas City Power
and Light referred to Monday. Not
only will the sale of the new S Del
cent bonds enable the company tc
retire outstanding bonded indebt.
edness but together with the mar.
keting of both preferred and com.
mon stock will leave a substantial
sum for improvements. 1t is only
recently that any but the yer,
strongest of the utilities such al
American Telephone and Tele.
graph have ben enabled to do an,
financing by means Of common
stock. Formal announcement o.
the decision by Swift and Compan,
! to retire its z per cent notes b,
means Of refunding operation al
a 5 per cent rate called attention
to the improving financial statu.
in packing interests. In this con
nection it is interesting to observ,
that dealings in Wilson and Com
pany convertible TVS have bee,
notably large of late.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12
Street E eotl1res
PpnDrCRRs 40 R4YINERA.
u o1UAu3 lg4
5CsuOslu1l. 1o1Dt

The talk iii along regarding Pro
ducers and Reaners has been that
It, would - taken over By one Of
the larger companies. presumably
one Of the members Of the Standard
Oh group. The idea back Of the
original pool operation which put
the stock up nearly 20 points,
starting N the lower 30's was that
getting price up to SO would anord
: better basis for negotiating with
the Standard Oil interests. Today
for the first time, however. the COS
sin shifted from a Standard Oil
concern to the Barnsdale corpora
ton as the likely participant In the
deal. The basis for this rumor was
that the same banking group con-
trolls both properties.
White Motors.
Every time White Motors has any
move the possibility of a merger
with Mack Trucks is discussed
This talk has never received the
slightest encouragement either from
the Mack Trucks side or from thu
side CT White Motors. In fact, il
has been met with vigorous denials
Still, the rise in Mack Trucks has
| served to advertise the prosperlt!
of most of these truck making con
Germs, and the move in White Mo
tors today appeared to be in thu
nature of a sympathetic, if belated
advance following the formers lead
HUPP NOTICES.
The advance in Hupp Motors /
simply due to the earnings position
of the company, Hupp like the othe
motor concerns having done an ex
tremely good business at this sea
son of the year when a bushes
slump was expected. There ha
been quite a bit Of discussion il
the financial district by traders VIII
are trying to figure why Hupl
paying only 81 dividend was sell
ing above Hudson, paying 81. Tn
answer is that the floating suppl
Of Hupp stock is very small, where
! as that OF Hudson is large.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12
Weather Forecast

Illinois: Generally fair tonight
and Wednesday: somewhat warm
er in south portion tonight.
Indiana: Generally fair tonight
and Wednesday, except probably
showers in extreme northeast por-
ton tonight; warmer In east and
south portions tonight.
Wisconsin; Generally fair to-
night and Wednesday; not much
change in temperature.
Iowa: Fair tonight and Wednes-
day; warmer in northwest portion
Wednesday.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12

background for the move in Iron
Products, quite apart from the in
timations of a plan on foot to re-
tire bonds and preferred stock. In
some Of the oils, merger talk was
accountable for much of the buy
ing.
Expectations of dividend before
the end of the year furnished the
motive for the rise in Tobacco
Products. Equipment stocks held
around their top prices and the
gas shares came to the front in the
last hour. Nothing further hap
pened in the steel group and the
coppers and sugars were rather
heavy.
German marks were not affected
by the report which reached Wall
street late in the afternoon that the
Belgium had sent an ultimatum de-
manding payment of 100,000,000
gold marks in six month bonds
with cash security deposits in Bel
gian banks. The matters of con-
troversy between the German and
Belgian representatives will now
90 to the reparations commission
for decision. Inasmuch as the main
point in dispute is the length OF
| time that the bonds to be put up
as security are to run, it does not
seem likely that the commission
will fail to effect a compromise. AT
least the Belgian ultimatum, for
midable as it may appear on its
face, by no means threatens to
break off the latest and most prom
i Using plans for settling the indem-
nifty questions.
! The Chicago Great Western
bonds and stocks rallied briskly
! toward the close.
The meeting of the Chicago and
Northwestern directors scheduled
for today was postponed until Sept
10, because Of the death of James
T. Clarke, president of the Chica-
go, st. Paul, Minneapolis and
Omaha road.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12
Peoria, Livestock.

Peoria, ILL.,, Sept. 12.-Hogs: re-
ceipts 1000; to 10 cents higher;
top $40; lights, 9.15@9.4O; medi-
ums, 9.00@9.35; heavies, 8.0O@9.1O;
packers, 6.00@7.10.
Cattle: receipts 300; steady on
best light fat killers; others 10 to
25 cents lower; calves, best,
steady; others so cents to $1.0O
lower; top 11.00a
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-12

BY sFUAN r. WEST.

Wsll Street, New York. Sept II.
,-Again today the only improve
ment Of Importance in tine markets
Nlae that on the stock exchange.
Everywhere else the changes were
stlight. Both IN grain and cottcE
markets there was an increasing
tendency to settle down and await
developments.
Speculative wheat quotations
hive had ample time to measure
the effect OF the new harvest with
Its indicated yield Of over 100000
600 bushels. What the grain trade
has now to figure upon is the prob
able size Of the seasons export de-
mand and this will not be known
until later in the autumn.
The cotton market Is in much the
same position. The rise to %
cents a pound has evidently dis
counted" the reduction in crop c.
timates-not only the 100000 bales
during August but such further
shrinkage az has occurred since
then. The market is now waiting
10, get better line upon future
trade conditions and the require
ments of the spinning industry at
hhome and abroad.
The foreign exchanges assumed
ed the same waiting attitude and
for a reason equally well defined.
They can not do much in the way
OF recovery or IN the way OF fur
Their decline until two matters are
settler. The first is whether the
proposal of the German Industrial
lists to substitute materials fol
cash in the payment of German
PREPARATIONS is to be approved OF
The second is whether the relic
thus afforded will enable German!
and also France to stop imitation o
paper currency.
e Rates on continental exchange
yielded again but. not to any im
portant extent Sterling got De
low $4.45, the decline Of four cent
within the last fortnight rejecting
the completion of the arrange
ments. for interest payment o.
Great Britain's war debt, whicl
had been an important supporting
factor in the market for some time
It was an interesting day in tn
security dealing, a day Of yer
much mixed price changes and con
flicting operations. Another wea
spot in the railroad situation VIA
exposed in the shape of sudde
collapse in Chicago Greatwester
4 per cent bonds and a proportion
ately violent drop in the pre-
ferred and common stocks. Thi
however, was purely a specis
case, case of road which ha
not been earning fixed charge
during a period when the trans
portation industry in general ha
had a very satisfactory recover.
The episode did not, Inerefor
have much effect upon the rest {
the market. Railway shares wei
rather disposed to sag off, b,
there was no open weakness ar!
where.
The industrial stocks were vel
irregular. On the other hand thel
was another series of deponstr;
tons in the shares of the speciall
type where there was reason
suspect the activity of speculatiI
pools. On the other hand realizin
sales brought about modera
reaction in some of the reccl
leaders and few points OF veal
ness cropped out, notably in IL
mercantile marines and in one {