Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-07-02
MINERS IN MIDDLE WEST
READY TO RESUME WORK
Southern Illinois Men Resent
Arbitrary Attitude of
Leaders.
AXE STOCKS DIMINISHING
Export Trndc In Hack Diamond Con-
tinues Dull-Indinp Itcnning Com
pany IncrcRsos Gasoline l Cent in
Chicago District.

CHICAGO. July 1.-The Black Dia-
mond's canvass OF Southern Illinois
fields shows the miners. as whole,
ready and willing TO go back to
work at a reduced wage and begin
ming to resent the arbitrary attitude
OF their leaders" Though many work
in other lines, their pay has been
much less than it would be IN the
mines IL they accepted tho cut Apart
from the Herrin horror. practically
the only change in the strike stua-
tion is that more men have returned
In West Nirginia's union fields. Pro-
duction in all nonunion fields hae
been maintained at the high level.
particularly high in the smokeleas
regions.
Coal trade is unsettled and decided
~ irregular. with Increased activities
in some centers. but in others mark ed
depression. Impending freight rate
reductions Offset fears OF a rail
strike. Practically all business th:e
week has been for railroads. public
utilities and large industrials Al
! though dealers are becoming nervous
householdcrs, as a rule, maintain In
difference.
Prices in parts of tho Northwcs,
and in Western Kentucky are stiff
/ hut elsewhere have softcned trend
| every effort apparently being made
| to keep below the Hoover maximum
Western kentucky coal here is up to
the level OF two weeks ago. when the
last buyers strike was declared. Prac-
lticaliy all grades sell at Sc to st.25,
with no differcntiais for screenings or
prepared sizes. Considerable Is COM
ms also from Eastern kentucky.
While demand in the city Is poor.
that from country districts is better
than at any time the last few weeks.
Lake stocks Diminish.
Available stocks at the head OF
the Lakes are rapidly decreasing. Ex-
rort trade has continued as dull as
ever. The only coal from foreign
port has been small amount from
Nova Scotia.
The Indian Refining Company ad-
vances gasoline cent here, and II
IL expected that large producers Will
meet IL Immediately. making tank
wagon price 23 cents and filling sta
tions' price IS. George NJ Moore,
president OF the Western Petroleum
Rehners Association. back from
Washington. calls meeting for Mon
day to receive report on tho SEN
ate committees investigations.
Public Service OF Northern Illinois
sales OF electric and gas appliances
the first five months increased 81
Per cent. May broke all records
with lis per cent. STANDARD Gas and
Electric subsidiaries electrical energy
output for the week ending June 10
Increased 1913 per cent
Dun's review of Chicago trade finds
that, despite lower temperatures. dis
tribution OF seasonable merchandise
in retail channels continues In good
volume. In vacation accessories for
automobile use there is a large bust
ness. In staple lines there has been
some slackeninE. excepting house fur
nishinGs. Buying for fall is going
ahead. Marehall Field & Co.'s whole
sale dry goods distribution is larger
than year ago. There have been
more customers in the market. but
orders from road statesmen were
less. although equal to last week
Collections continue satisfactory and
show nice increase over last year.
Federal reserve bank directors at
regular monthly meeting took no
action regarding the rediscount rate.
which remains at 41-2 per cent
Julius l.. Marks. president OF the
Equitable Investment Corporation.
heads syndicate OF downtown
bankers which will finance the pro-
jected 100000 sixteen-story South
Gate Hotel at South Shore Drive and
SEVENTEEN Street, largest here, next
to the La Sale
Negroes Organize Bank.
The Douglas National Bank. with
100000 capital, all subscribed at 40
by negroes, will open soon.
Armour & Co, report returning
confidence. reflected everywhere ex-
cept in zones where there are labor
troubles and in the Southeast cotton
section" The meat trade showed
general Improvement the last week.
There was good demand for beef.
especially for corn-fed. which sold
ut $40. the highest price since Aug
ust. Cattle supply about equalled
requirements. Smoked and cured