davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
WALL STREET FEATURES
sY sruARr p wrgT .copypInrT ,e-,
VI p. WEST COPYRIGHT. ls:2.l

Steel common broke sharply as
soon as the figures appeared. 1t
was learned that the buying which
swept the stock upward SO violent
ly in the last half hour yesterday,
represented the execution OF a
large market order for account OF
one OF the members of the social
ed Waldorf crowd. 1t was short
covering and not real buying.
COPPERS STILL HEAVY.
There was further selling of the
copper stocks today as has been
apparent for the last week or more
and for the same reason-the low
ering OF copper metal prices. The
quotation has dropped from the
high OF December about a half cent
a pound. This has been very dis
appointing in view OF the optim-
istic forecasts toward the close OF
last year. 1t has been all the more
disconcertinS in view OF the Sfecov-
cry in foreign exchanges. Still the
best judgment is that the recent re-
action is only temporary, due to a
lull in both the export trade and
the home market. Stocks of the
copper metals are still coming
down and this must tell in the end
upon copper prices.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
Curb Market
BY STUART p. WEST
Copyright. 1872
Wall Street, New York. Feb. 49,

Wall Street, New York. Feb. 10
Oil shares showed activity in to-
days dealings on the curb ex-
change. The pool operating in
Kirby Petroleum continued to push
its favorite to new high records.
Imperial Oil of Canada, after an
early dip, recovered sharply. 1t
took only small amount of buy
ing to bring about this recovery.
There was a good demand for
Standard Oil of Indiana and for
Mountain Producers.
Phillip Morris was heavy again
and Glen Alden coal felt the effect
Of profit taking by traders who
had been following the recent ad-
vance. On the other hand, r. ].
Reynolds was well taken and estab-
lished a new high for the present
movement Selling was resumed in
Lincoln motors.
Mining stocks were comparative
~ dull Many traders who fancy
this class of stocks have now trans
ferred their activities to other quar-
ters. Magma Copper continued
firm peg r
In the bond list, Warner Sugar
Is dropped off more than a point in
the early dealings and rallied only
fractionally later
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
CAST IRON PIPE.

Aggressive pool operations con-
tinued in the cast iron pipe stocks
today, forcing both of them up
sharply. II will take only S240.-
900 a year to complete the full Z
per cent to which the preferred
stock is entitled and as il is non
cumulative issue there are no ar
rears to be cleared up before any
distribution is possible on the COM
mon This is one of the strong
points made by bulls on the stock.
Cast iron pipe had a surplus in
1920 OF $250, 900 or just a little
more than enough to have paid the
remaining per cent on the pre-
ferred. The expectation is that
1921 earnings will show up better
still, but it is On the outlook for
profits in 1922 that the present
operations for the rise are founded.
STEEL COMMON.
The monthly report of untitled
orders on the books of the United
States Steel corporation showing a
decrease OF 26,736 tons, was great
disappointment.
1t had been fully expected that a
good increase would be shown.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10

LiUe Stock
Chicago Livestock.

Chicago. Feb. 10. = Cattle: Re-
ceipts 1000; beef steers steady to
strong; quality plain; top $50;
weight 1895 pounds: bulk beef
steers 6.75Q7.75; fat she-stock and
calves steady; bulk vealers 10000
1875; Gamers, cutters and bulls
slow, about steady; bulk bolognas
3.S5Q4.10; stockers and feeders
firm; bulk 6.25@6.75.
Hoge: Receipts $1,000; 10c to
Csc higher than yesterdays aver
age; lighter weights active, others
slow; big packers holding back;
1925 paid for 160 pound average;
bulk lights 10.00@10.20; bulk 9TH
ers s.5009.S0; pigs 10c to 15c high
er; bulk desirable around $50.
Sheep: Receipts 5000; best fat
lambs strong to 15c higher; others
and sheep steady; fat lamb top to
shippers (early) 14.75; packers
1865; medium and good kinds 1875
@1440; fat eve top (early) IT'S.
Prices for livestock in Chicago yester-
day were:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10

ate enough to be able to help. He
said it was not their fault that they
were without means of livelihood,
but the fault OF warped conditions
throughout Europe.
Mr.. Branting warned his guests
that the efforts of the state to bet
ter social and economic conditions
could not be expected to lead to
immediate results.
Abiding to the chaos in Russia,
he declared that the slow-moTing
efforts of the old established gov
eminent system to improve social
conditinos was infinitely preferable
to the breaking up of the old sys-
TEN. The world had seen where
such a course led. But social
solidarity, he continued, demanded
from every person that he help as
far as he possibly could in reliev-
ing the distress OF the more unfor-
tunate
81 hope" the premier continued.
that others will follow this ex-
ample and that you will see there
by an utterance OF social solidarity
which breaks through all barriers
The premier's speech which was
delivered with great earnestness,
was received by a spontaneous and
enthusiastic applause.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
Bond Market
By STUART p. WEST
copyright. 1897

Wall Street, New York, Feb. 10.
Kingdom 5h per cent
loans slackened their upward pace
in the, bond market today AID
under the influence Of easier rates
for sterling exchange remained
practically unchanged from yes
ly followed the course OF British
terday. Their movement has close
exchange. The 1929 and 1929 ma
turtles became a call on sterling
at $3.50 French government IS,
on the other hand equalled their
record high of last year. Belgian
IS touched a fresh top and there
was considerable activity in Japan
csc first fours around So. Domin-
ion Of Canada IS almost reached 50.
Mexican 5s and Argentine IS were
reactionary.
The Liberty loan market was
fairly steady, with the exception OF
the tax exempt 3hs. The 31as still
felt the effect of the calling in yes
terda OF the Victory AZ per cent
notes and got to a new high record
for the current move. The rise Of
2 points within as many days has
been quite natural in view of the
treasurers action as a part Of the
governments redemptive plane.
The low priced railway bonds were
still higher and did better than the
more standard roads. Seaboard
Airline issues again were a feature,
while the st. Louis and San Fran
cisco incomes established a now
high as they crossed 60. Mime
apolis and st. Louis refunding As
and Iowa Central As went up over
a point. Missouri Pacific SIS of 1865
jumped over two points. The trac-
ton issues continued irregular with
a record high for Hudson and Man
haitian adjustments around So. The
public utility issues were unset
tied, with a further gain of about
a point in Nashua Electric tours
Midvale Steel IS were up q, Will
son & Company TVS over half and
Dtstillers Securities nearly two
points.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
Kansas City livestock.

Kansas City, Mo-, Feb. 10.-Cat-
tie: Receipts LOO; beef steers and
fat she-stock steady and strong;
top steers $50; medium to good
heifers 5.0006.5O; fairly good COWS
around AIS; plain 4.00@4.25; can
ners and cutters 2.50@3.75; bulls
mostly 3.75@4.25; good vealers $50
$500; no choice ones offered !;
good stock steers $50.
Hogs: Receipts 1000; fairly &C
tive, steady to strong; spots 10c
higher; shippers buying sparingly
few light weights on sale; best 40
to 100 pound weights 9.60@9.65;
200 to 800 Founders 9.00@9.50; bulk
of sales S.85@9.60; packer top $50;
packing sows and pigs steady.
Sheep: Receipts 1000; sheep
steady; lambs generally 10c to 15c
higher; nothing choice on sale:
best offered 1880.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10

moment from close cooperation
with Europe which it had been hop
ed would be a direct consequence
of the arms conference to one of
isolation for France and for the
United States, respectively. The
British are in a middle position
anxious to bring about another
conference IL there is any way pos
sible to compromise the opposing
developments in the United States
and France The Washington ad-
ministration favo(s the conference
idea and would go to Genoa in a
minute if the program were limited
and if all the powers agreed to
look at the situation from a prac-
teal viewpoint. The will to agree
is not yet apparent and the spirit
of the French reply is Interpreted
here as one OF procrastination.
Note Writing Revived.
The Poincare policy, of note
writing has already slowed up dip
Iomatic processes and off Gals here
believe that the Genoa conference
will have to be postponed indefi
nitely if the subjects OF the con-
ington government might have been
drawn into the same maelstrom of
diplomatic notes before the arms
conference if it had sought to re-
fine each subject on the agenda or
program. but it insisted that the
powers would determine that when
they got together. Unless all the
governments agree in advance.
however, this time as to the limits
Of the conference, the chances are
the United States will not regard
it as worth while to attend. Along
with the policy OF underwriting will
be policy of full publicity for the
notes themselves. In this the Uni
ted States has taken a cue from
France who made public her note
simultaneous with its dispatch to
Washington The subject will be
argued in public So far as Off
Gals here are concerned. this is
welcomed, as they believe it will
enable the public opinion Of the
world to locate the exact respon-
sibility for the blocking Of the eco
nomic reconstruction.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
HOGS AND LAMBS
CONTINUE RISE;
CATTLE SLOWER
(By Consolidated Press.)

q. S. Yards, Chicago, Feb. 10
Light runs of cattle were report ed
at all points today. Values have
been expected to show improve
ment for some time, but 1t has
been slow coming. A small start
was made yesterday, however, and
the trade again showed up fairly
well today. The country's cattle
supply Is not LARGE It is stated
that the west has enough feed pilel
up for two winters, and few cattle
to eat 1t. Traders say that it will
take Texas five years to overcome
the depletion OF its herds.
Receipts Of livestock at the local
yards today were estimated at 1900
cattle, 1000 hogs, 5000 sheep and
lambs, and 1000 calves.
CATTLE.
Best tseers strong, others steady.
Heavy steers $50, COWS and heifers
unchanged, market slow. Calves
steady.
HOGS.
Light hogs 10 to Csc higher. ton
lots 1925 against 1910 yesterday.
Packing hogs 500 to SIS. Heavy
grades steady.
SHEEP.
Best steers strong, others steady.
other steady. Shippers paid S14.75,
big packers, 14.65. Bulk of fat
lambs, S13.75 to 1850. Aged stock
steady.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
NOTICE.

NOTkCE.
District Court of the United States for
the Southern District of Illinois, Northern
Division.
Charles H Walsh, Trustee. Complainant.
VS.. Rock Island Southern Railway Com
pany: ct al. Defendants In Equity
To all creditors of and claimants against
the Receivers of the Rock Island Southern
Railway Company heretofore appointed in
the above entitled cause:
Notice is hereby given that in pursu-
ance of paragraph numbered 10 of the
final decree entered in the above entitled
cause on the 23rd day of December, 1921.
the Receivers heretofore appointed in said
cause have filed with the undersigned
Clerk of said court q list giving the names
and addresses of all persons to whom said
Receivers are indebted or who so far as
known have claims against the Receivers,
setting forth in each case the name of the
creditor or claimant and the amount If
any, admitted by the Receivers TO be due
to such creditor or claimant. Said de-
cree provides that any person holding q
claim not SO admitted in said list or for
an amount in excess of that so admitted
must file the same with the undersi gned
Clerk on or before thirty days after the
first publication of this notice. and that
no person shall be entitled to enforce
against said Receivers or against said Rock
Island Southern Railway Company or
against any property OF said Rock Island
Southern Railway Company any liability
claimed to have been incurred by the Re
ceivers except as admitted by the Receiv-
ers in said list. unless sworn statement
of such claims be filed with the under
signed Clerk within thirty days after the
first publication of such notice. Said de-
cree further provides that as to any claim
so filed. unless the claimant and the Re
ceivers agree with respect thereto. II shall
stand referred to Z. o. Eagleton, NJ aster
In Chancery of SAID court. who shall hear
the evidence and report the same to said
court, together with his conclusions there
on, and the court shall thereupon adJudi-
cate said claim and make such order in
respect thereof as may be just
Dated February 1. 1922
(Signed) s. T. BURNETT
Clerk.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
ISLE OF PONCE
DE LEON MECCA
FOR WET HOSTS

Jacksonville, Fla.-Federal pro-
hibition officials here interested IN
Bimini, the small British island 40
miles east Of Miami which since the
outlawing of John Barleycorn by
the United States has become a
mecca for those whose thirst was
not quenched by the Eighteenth
amendment and which also is said
to be the source of much of the Ii
Quor smuggled into this country,
have ascertained that Bimini was
supposed to have been the site of
the fountain of youth" OF which
Ponce de Leon was in search when
he discovered Florida
Bimini is not a recently estab-
lished institution, it has developed,
for more than four hundred Years
ago it figures in the news reports of
the day by that name. Ponce de
Leon heard of it while in Porto Rico
in 1912, having been told by the
Indians there "of an island called
Bimini, where there was much gold
and a treasure even more precious
than gold-a fountain whose waters
would make young forever all NOR
tails who should drink of it, as one
chronicler puts it
Ponce de Leon fitted out three
small vessels at his own expense to
go in search of the fountain. He
left to the present generation the
discovery of the gold and potent
waters, however, for after cruising
about the Bahamas during the win
ter of 1913 without sighting the is
land, he heard there was land in
the northwest, steered in that di-
rection and on Easter Sunday,
March 81, landed on the beach a
few miles north of where St Aug
Justine now stands.
Prohibition officials credit the
Indians OF Porto Rico with having
known what they were talking
about when they told Ponce de Leon
what he would find at Bimini.
"Bimini is running over with gold
these days." said one official, "and
il is certain from the experience We
have had with liquor runners the
last year or two that the marvel
GUS waters of the fountain still flow
freely"
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
PREMIER GIVES
DINNER TO 800
JOBL,ESS FOLK

Stockholm. - Hjalmar Brantlng,
the Socialist premier of Sweden, re-
Gently gave at his own cost din
ner to 800 unemployed men and
women of Stockholm. The pre-
mier and Mrs. Branting acted as
host and hostess, while the guests
were waited upon by society wom-
en- of the capital, among them Mrs.
George Branting, the wife of the
premier's son.
Later in the evening, the guests
were given hot baths and provided
with lodgings in the municipal
lodging houses of Stockholm.
This is believed to be the first
conditions was infinitely preferable
pean state has personally enter
tanned his destitute constituents
When his guests had etaten their
fill, Premier Branting addressed
them on the economic conditions in
Sweden
The premier began by informing
them that neither this dinner nor
any other private or public aid ex-
tended to men and women without
work was in any sense charity, but
simply what was rightfully due
them from those who were forum
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
CROP FAILURE
IN ARGENTINE
BOOSTS CORN
tBy Consolidated Press.l


Chicago. Feb. IO.-The strength
in the wheat market was due large
-ly TO the sold out pit condition as
the result of the realizing AMI
short selling of the day before. II
was not so much the buying as the
lack of offerings which gave the
market its early strength. Later
bullish sentiment developed in
greater proportions and despite
heavy selling orders at si.5l ami
later at $1.32 the buying was big
enough to absorb the offerings.
There was some profit taking
around top levels but support de-
veloped on the Liverpool spot,
wheat was pence up and futures
1 pence to la pence higher and
Buenos Aires opened cents higher.
Seaboard reported some activity in
export circles with 400, 200 bushels
of Manitoba wheat worked early. In
the spot market. red winter wheat
was dull and easy. others were
firmer. Primary receipts fell be-
low last years total. Milling de-
mand for wheat shows no improve
ment
Corn bulged sharply. The feat
ure was the general com MISSION
house buying and good buying by
locals. The market starte,S low
er. An export house bought on ~
break and later general buying was
inspired by report that the Ar
gentine crop had been damaged. An
embargo against Baltimore by one
of the railroads because of the con-
gestion checked export demand but
the Seaboard reported that 100, 900
bushels worked Domestic shipping
demand was light. Offerings tor
arrive from the country were mod
crate.
Oats were stronger. Locals
bought July and there was sons3
spreading. Longs took profits. Cash
oats were unchanged. Shipping
demand was moderate.
Provisions were higher Com
mission houses bought on the
strength in grain and hogs. Longs
took profits.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
Weather Forecast

Illinois: Unsettled weather with
probably rain in north portion turn
ing to snow fiurries tonight or Sat
urday; much colder; cold wave in
north portion tonight; winds be-
coming strong northwest
Missouri: Unsettled tonight and
Saturday; much colder; cold wave
in northwest portion tonight; winds
becoming strong northerly.
Iowa: Part cloudy and unsettled
tonight and Saturday; colder; cold
wave tonight; strong northwest
winds.
wisconsin: Unsettled tonight and
Saturday with snow tonight; much
colder; cold wave tonight; strong
northwest winds.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
DruGoods Market
BY STUART P. WEST
Copyright, 1SZ2.l

New York, Feb. 10.-Offerings
were not large in the dry goo,is
market here today and neither were
orders. Extreme duIlness prevail
ed. Prices were almost nOminal
in some constructions although the
prevailing figures in print cloths
were maintained. Sheetings were
in small demand but prices were
approximately unchanged
The local raw silk market was
quiet pending further adVices from
primary markets.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
T0VEMENTS IN
sIREET PRICES
ARE CONFUSED
nv STUART p. WEST.

r.r street, New York. Feb. 10.
ov,ce movements today were
confused than on any day in
ssceut week. For the tirst time
~heat market ceased to follow
nreign exchanges. Wheat had
rs Il cents a bushel rise in
came period that sterling had
"a up 10 cents in the pound.
sodsy the reaction in sterling
n ne other exchanges continued
IL the advance was vigorously
1.rrpad in the wheat pit The
- market was strong for most
n ~ industriais and all the rails
s.ser the publication at noon OF
s,sres of the steel corporation
- shows decrease in bookings
.saug January of 25,763 tons while
i Increase had been expected.
s,.l. common, broke sharply and
-srried with it the general list
T4s decline was checked without
|iiaclIty and in the afternoon op-
.rsions for the rise were resumed
i Individual stocks. The wheat
,,s3e was more influenced by
.,4ther reports unfavorable to the
80 crops than it was by the con-
Iteration of the foreign demand
farrent wheat exports are, in fact
suparatively small. The total for
the past week was only 4,422,00C
bushels as against 5,073,000 the
veek before and 7,545, 900 in the
corresponding week OF 1921.
The action of the wheat market
tOday in face of the fall of ex-
change should not be interpreted
IS minimizing the importance OF
the past fortnight's recovery in the
sitter market as an ultimate infiu-
elce upon the demand for the
American wheat surplus. 1t sim
ply meant that for the moment the
wheat trade is more interested in
the Indications that the winter has
been exceptionally bad for the new
harvest and that this years pro-
duction in the winter wheat states
will be unusually short
The Liberty tax exempt 31as had
not finished. in yesterdays sharp
upturn, their response to the call
ing in of the Victory 3As.
They rose another full point to-
day, making a total gain of over
. points since the Wednesday clos
ing. Still feeling the effect of the
in French francs, the
French government SIS reached 1O2
which was their high record made
last November.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
Chicago Produce.

Chicago, Feb. 10.-Butter: low
er; creamery extras 81; firsts 81 q
SO: seconds 28030; standards BAL.
Eggs: loIwer; receipts ll,1S4
cases; ffrsts 36036h; ordinary
frsts 31Q32; miscellaneous 34G35.
Poultry: alive. higher; fowls, "a;
springs, &c; ROSTERS, 1S.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10

-
resolution that the mayor and city
clerk be authorized to transfer from
the general fund to the waterworks
fund the sum of five thousand dol
lars, same to be returned to the
general fund as soon as sufficient
balance is available in the water
works fund Carried by unanimous
vote.
Mayor Schriver offered a resolu-
ton that the ordinance entitled IAN
ordinance granting to the Rock Is
land Sand G. Gravel company. a
corporation, permission to extend
the single railroad switch track
heretofore constructed by the Inter
state Material company and now
owned and maintained by the Chi
cago, Rock Island & Pacific Rail-
way company on Mill street in the
city of Rock Island, Illinois," be
adopted. Carried by unanimous
vote.
Adjourned on motion of Com
missioner Murrin.
NJ T. RUDGREN.
City Clerk.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
Peoria Livestock

Peoria, Ill, Feb. 10.-Hog re-
ceipts, 1900; strong; top, $50;
lights. 9.50@9.S0; mediums, 9.4O@
$50; heavies, 9.00@9.50; packers,
7-50QS.00; pigs, 900, and under.
Cattle receipts, 200; steady with
demand slow; calves, firm; top calf
price, 1000.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
Municipal Matters
Regular Meeting Held Jan. 80, 1922.

City Council Chamber, Rock Is
land, III, Jan 80, 1922.-The city
council met in regular session at
3 o'clock p. m, Mayor Schriver and
all commissioners present.
The minutes of the regular meet
ing held Jan. %, 1922, were read
and approved.
, Commissioner Rudgren submitted
the following weekly payroll for
week ending Jan. %, 1922. which,
on his motion, was allowed by
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10
Chicago Potatoes.

Chicago, Feb. 1G.-Potatoes:
steady; receipts 81 cars; total
United States shipments. $50 cars;
Minnesota sacked round whites,
16091.S0 cwt.; Minnesota mixed
red and white variety, partly grad
ed, 1.50@160 cwt.; Minnesota sack
ed red river, 1.7501.85 cwt. Wis
consin sacked round whites, 1.75@
1876 swt. Michigan sacked round
whites, 205@2.15 swt.; Idaho sac1-
ed russets, 2.4002.50 cwt.; Idaho
sacked rurals, 21502.20 cwt- !;
Colorado sacked brown beauties,
2.10 cwt
Nearly 100000 women in the
Initial Cfn4nc r-c,tE.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-10

National Safety council estimates
$4,000 persons were killed in auto
mobile accidents in this country
asst year.