davidaulloa/AmericanStories huggingface dataset:
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-17
n1M&yMardktt R Reports
GRAIN

! CHICAGO, Aug. 16.-Wheat acted more
I stubborn. There were fractional reGessions
at the start based on scattered selling in.
much covering by shorts on the dip and
prices responded readily to this demand
! in view of the reduced offerings. There
[ was no hedging pressure and it looks as if
! the rail strike is beginning to finally have
some effect. A noticeable reduction n re-
, heavy selling, the bulk of it for foreign ac-
CONT End this caused reaction. Excel
lent commission house buying was uncov.
cred in December at $l.02, however. and
! this was generally attributed to seaboard
account and supposed to represent export
NE ea69 orEad fpG 6s
and $4,000 bushels sold to exporters
| from here. Cash wheat buyers failed to
. half cent less premium than yesterday.
After midday the support was temporarily
withdrawn and little scattered selling
caused a break. Trade on the whole was
Wheat closed z to 1ac higher. septem-
Der 90, 1.0oM @$1.0 December $1.O27s q
trade on covering by September shorts and
months induced by. the. reports of dry and
hot weather deterioration in the crop in
many important sections Later, reports of
rain over some of the dry area forced a
December leading the decline. Local snip
pers sold 10000 bushels of corn to ex-
pOrCcrS.
Corn was q to sc higher September
59as M5912c; December 54B @54Ac; May
57A @hMA.
Oats followed corn. Most of the trade
in the way of transferring hedges from
September to the deferred futures. Shipping
demand was good.
Oats were unchanged to &c lower. Sep
TENDER 307sc; December 33M May SIC.
Provisions were firm on buying by small
packers. Some realizing was uncovered on
the advance. Sales of 100000 pounds of
loose lard was reported Of which 1000, 900
pounds were to Germany.
Lard closed 21a to DC higher. Ribs I'M
changed to 212c lower
CHICAGO QUOTATIONS
The following were the ruling prices in
the exchange today:
Pcev
Open. High. Low. Close. Close.
Sept. -. 100 LOIS 90 1OOas .OOK
Dec. -. 1.O1A 1.025s 1. O21a 1.O2h OILS
May 6. LOIS los LOGS 1.O7& LOGS
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-17

That power may be yours today.
You may be a man Tor woman) Of
faith; you may have the hand of God
on you. you may have Jesus Christ
to dwell in your hearth you pay
the price Ezra did. He studied the
word of God to find out the viii Of
God, and then he did it, depending
wholly and alone upon Him. Will
you?
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-17
STOCK MARKET OPINIONS

Block, Maloney 4 Co.: From NOW on VIC
would buy all good stocks, particularly
equipments and rails, on reactions.
Post & Flagg: Should the strikes be set
tied, it will be interesting to see whether
stocks will come on the market or whether
it will commence steadily to improve.
the presidents address to congress on the
railroad labor difficulties before taking any
definite stand in the market.
Leland & Co.: We think the advance viii
continue today.
Bosche & Co.: We favor purchases o.
first-class rails on the reactions.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-17
Silk Quotations

. NEW YORK, Aug. 16.-Raw silk. easier;
prices per pound: Kansai, double extra
efd Kansai' best best No. 1, s7.0O@7.25.
Kansai, No. 1 fill. $6.96@7.2O.
Shinshu, No. 1, $6.90@7.05.
Canton, extras 14-16, $7.55@7.6O:
Shanghai-China steam fill gold double deer,
ST. @S.50.
I METAL MARKET
NEW YORK, Aug. 16.-Copper. steady;
electrolytic spot and futures, IA. Tin, firm
err; spot and nearby, 1915; futures. 32:S7
Iron, steady prices unchanged. Lead quiet,
spot S5.75M5.8O. Zinc, steady. East st.
Louis, spot and nearby delivery, $6.1O@
al5. Antimony spot. Is.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-17
CHICAGO CASH QUOTATIONS

CHICAGO, Aug. 1e.-lHheat, No 2 red,
$1.02A .03: No. 2 hard, $1.03A al ,O43s. .
low, 62% @G2%c.
Oats. No. 2 white. 31A@33Ac; No. 3
white, 301a @33c.
Rye, No. 2. 71H @72c.
Barley, 51@56c.
Timothy seed, $4.25@5.1j.
Glover seed, $12.0O@16.O0.
Pork, nominal.
Lard, $10.77.
Ribs, $975@11 90.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-17
BYFIELD RELATES
STORY OF VOYAGE
THAT BEGAN SUIT

Continued from Page u
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-17
FOR SALE-POULTRY

BABY CHICKS-White Leghorns 1Oc eachi
Bar, Reds, Minorcas, 12c. Pure bred Ho-
Sanlzed stock; 100 per cent live delivery,
postpaid. Hogan Hatchery, Bowling Green,
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-17
KANSAS CITY QuoTArfoN

KANSAS CITY QUOTATIONS
KANSAS CITY, Mo-, Aug. 16.-Cash:
Wheat No. 2. dark hard, $1.04@1.15; No.
., red, 97@9Sc.
Corn, No. . white, So; No yellow, 5s%.
Oats. No. white, 33@33h; No. . mixed,
32M 034
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-17
MINNEAPOLIS QUOTATIONS
ST. LOUIS QUOTATIONS

10: nut lIIeI IT, TI.OI e UT. IT'S.
Corn, No. 3 yellow, 57@57hc.
Oats. No. 3 white, PA @29Ac.
Flat, No. 1, $2.49@2.51. -
ST. LOUIS QUOTATIONS
ST. LOUIS, Mo-, Aug. 16.-Wheat. No.
red, $1.05@1.06; No. 3, $1.O2@1.O3 Septem-
Der, 99Ac; December, $1.OO%.
Corn. No. 2 yellow, 6312c; No. 8, 62hc;
September. 5S1ac; December, 527sc.
Oats. No. white, 33@33Ac; No. 8,
2O1L u.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-17

WIN I EIT-F4UENTH
GENTS wanted to sell chewing gum.
Ehas. Little, Granite Falls, N. G.
The Washington times., 1922-08-20
Weekly Financial ReuieW
by HENRY cLEWs,
Of Henry Clews d o., New York Bankers.

steel and iron reports and those OF
lumber companies, In which there
IL great activity owing to the vast
amount OF new construction that il
now going on following the war
slump. In practically no line OF
business are the supplies on hand
In excess Of requirements. Stocks
OF sugar have been well reduced,
30 that the sugar trade is again
normal. and this also is rue OF
copper metal of which there is
only sufficient on hand at the pres
ent' time to provide for sixty days
consumption. This means, Of course,
increased production and higher
prices for the metal which viii
enable many of the companies to
resume dividends in the not dis.
tant future. It In on prospects OF
this kind that holders of shares In
solvent railroad and industrial
companies refuse to part with
them. Notwithstanding that the pro-
longed labor strikes are testing
their patience very severely.
Good Times for Railroads.
With these out Of the way there
can be no doubt that business will
forge ahead very rapidly and that
the common carriers will have all
they can do to handle the increased
freight and passenger traffic which.
with reduced operating costs, Is
bound to enlarge the profits OF the
roads very materially. not only max
ing present dividends safe but paw
ing the way for increases and the
resumption of dividends by COM
panies which were unable to keep up
with the procession when hard times
set in. Backed as they are under
the provisions Of the new trans
portation act, the railroads for the
first time in years are safe PROPOSE
tons. This will be demonstrated as
time goes on and eventually Will
create a demand for the rails which
Is calculated to run well ahead OF
the supply, for II should be borne
in mind that the capital stocks OF
the railroad companies have re-
mained stationary for q great many
years, while distribution among the
people, during that time, has been
going on at a rapid rate. Another
thing which should not be lost sight
Of is that the transportation act
nullifies the Sherman antitrust law
with respect to new railroad con-
solidations. There are likely to be a
number Of these In the future which
will add to the intrinsic as well as
the speculative value Of the shares
Of q number Of the companies con-
cerned. This Is already seen to some
extent in the announcements OF two
such great roads as the New York
Central and the Pennsylvania. which
are gradually absorbing into their
systems affiliated lines.
AS weighed against the favorable
The Washington times., 1922-08-20

NEW YORK. Aug. 1s.-The con-.
summation Of plans for the settle
ment of the coal strike and an.
nouncement that the railroad strike
situation will be laid before Con-
gress have been facts Of controll-
ing Importance in the stock mar.
ket during the past week. Begin
ming with some discouragment be.
cause of the apparent collapse OF
the negotiations for a settlement
of the railway strike. the market
has largely recovered its poise.- and
now views the prospect OF an
eventual settlement with, courage.
Hopeful financial conditions and
better demand for all sorts OF COM
modities have tended to strengthen
prices and have confirmed holders
Of stocks In the belief that they
are not warranted in disposing of
them.
That the stock market has held
up SO well during the last several
weeks, in face of the prolonged
coal and railroad strikes, is quite
remarkable, and shows conclusively
that owners of stocks are basing
their calculations on the future
rather than on the present.
Favorable Features.
Among the favorable features to
be considered are: Easy money In
sight for a long time ahead. Bank
accommodations of corporations
are reduced to a minimum as a re-
suit of the liquidation Of old
stocks which they were carrying.
In consequence there is no longer
talk Of frozen credits. Besides. a
great many Of the country's lead
ing corporations have put out long.
time bond issues which, to a large
extent, make them independent OF
the banks. The Federal system Is
in an exceedingly strong position
with cash reserves Of $3,066, ,434 900
being almost double the amount of
legal requirements-the ratio of
reserves to note and deposit liabil-
tiles standing at S0.2. Large crops
will insure ample supplies for home
use and surpluses for export. thus
establishing the purchasing pow
er Of the farmers and benefiting
directly the harvester equipment
companies, the fertilizer companies,
the catalogue houses. the automo-
bile companies, the shoe and cloth
ing manufacturers and dealers, in
fact everything all along the line
that the farmer buys. 1t Is OBJ
vious, of. course, that this increased
purchasing power will not be con-
fined to the farming element
alone, but that with the return
OF good times employment will be
general and everybody will have
more money to spend.
Industrial Prosperity.
Industrial companies have already
given evidence of their reviving
prosperttY; this Is shown in the
The Washington times., 1922-08-20
RED CEDAR MENACE
TO APPLE INDUSTRY
Rust Threatens Augusta Or.
chards, Says Fruit Crow
er's Secretary.

sTAUNToN, Va. Aug. 1s.--Au-
gusta county has a choice to make of
either exterminating the red cedar in
the apple sections or Of facing a loss
Of approximately so per cent of the
orchards from cedar rust. in the
opinion Of w. 8. Campfield, secretary
of the Augusta County Fruit Grow.
ers' Association. as he voiced it at a
meeting Of the staunton Rotary
Club.
From $4,000. 900 to $4,000, 900 is in.
vested in the apple industry In this
county" said Mr.. Campfield. Per.
haps some OF you wonder why Ro-
tary is taking an interest in the
cedar rust problem, as you are not
apple growers, for the most part, but
business and professional men. When
I tell you that from a million to a
million and a quarter dollars annual.
ly Is realized from the county's or.
chards and put into circulation here,
you will begin to see where you are
affected II the fruit industry 10 cut
in half.
"The apple industry in Augusta
faces the most serious situation In
It's history. The cedar blight ID
worse, probably. than ever before,
and the problem has come down tc
this: Augusta must eliminate the
red cedar from the apple sections II
the most Is to be made Of her or.
chards and the industry Is to con
tinue to live and prosper, or we are
going to face a 80 per cent loss IN
the industry. That is conservative
estimate.
Many business men and evon
some apple men still question tha,
cedar rust exists. But that 10 q
question that I see no reason for dis.
cussing. All Of the State Agricul
tural Colleges experts agree, and
the department at Washington agrees
about cedar rust, and when the soien
lists are all agreed, II is not for 9
layman to question. II all Of ths
lawyers or the doctors In 6taunton
were to agree on any one question
It would be a miracle. but no scisn
tist questions the existence and tho
danger Of cedar rust"
The Washington times., 1922-08-20
VA.PEANUT CROP
HURT BY SERIES
Of HEAVY RAINS
Cotton and Fruit Also Affect
ed, But Other Staples Are
Above Average.

RICHMOND, Va. Aug. 1s.-July
was generally favorable for the
growth Of Virginia crops. and on
August 1 the condition Of all crops
except peanuts, cotton and fruits
was well above the average for the
past ten years, according to the
August report Of the Virginia Crop
Reporting Service.
Crops in the eastern and south
eastern districts were injured by
excessive rains, but in other sections
of the State the season has been
favorable and prospects for all grow
ing crops are unusually good. There
were many severe hail storms dur
ing the past month, which injured
crops considerably in certain Sec
tions
Wheat 12.5 to Acre.
Early threshing returns indicate
that the yield per acre of wheat Is
practically what was expected after
the crop was harvested, but is not
rs large as was indicated earlier In
the season. The average for the
State is reported to be 1875 bushels
per, acre, which Is practically the
same as the ten-year average, and is
much better than the average last
year Of 9.8 bushels. Yields In some
sections of the central district have
been unusually good; in the valley
which is the largest producing sec.
ton, the yield appears to be UP to
the average, but in the southwest
the crop is turning out much less
than the heavy growth of straw
indicated.
The total production is now esti.
mated to be 10,45o 900 bushels, com
pared with 1901, 900 bushels last year
and 13,257,000 bushels the average
for the period 1916-20. The average
yield Of winter wheat in the United
States Is estimated to be 14.2 bushels
per acre, compared with 1877 bushels
last year.
. Corn Injured BY Rain.
The corn crop improved in all dis.
tricts except the eastern and south
eastern, where there was too much
rain. The August 1 condition Of 90
Der cent Is 8 per cent higher than
last month and per cent higher
than the ten-year average. The crop
Is exceptionally good in the south
west. The present condition indi
Gates a production OF 56,349,0
bushels which is nearly 20 per cent
greater than the crop last year.
While there has been q decline In
the prospects for tobacco in the east
ern edge of the belt owing to excess
i've rains. the crop in the southern
and central districts has improved
and the condition for the State 10 "a
per cent. which is the same es last
month. On August ! the crop wns
unusually promising. therefore, with
4 favorable season to harvest, the
State will make the finest crop In
recent years. Tobacco IL maturing
much earlier than usual, and many
growers have already cut part OF
their crop. The condition Of % per
cent indicates a production Of t81,
$4,000 pounds. compared with
e1,5S0,000 last year, 179 $50, 900 III
1920 and 144,73s, 900 the average FOR
five years ls1s-2o.
Peanuts.
In the peanut district the seaEor
has been very unfavorabio, causing
The Washington times., 1922-08-20
Iron AND STEEL
IMPORTS FOR
JUNE INCREASE
39,155 Long Tons Imported,
Making a Gain Of 10
Per Cent. g..

Imports Of iron and steel prod.
ucts into the United States during
June amounted to ss,155 long tons,
4 gain OF 70 per cent. A consider
able part Of this increase was due
to the large importation Of fer.
romanganese, 1885 tons, and or
scrap, 10000 tons. During the first
six. months Of 1922, foreign iron
and steel was bought by the United
States in the amount OF 1883 tons.
The principal sources OF our iron
and steel imports for June were
the United Kingdom, Canada, and
Belgium, with the United Kingdom
and Canada furnishing 1882 tons
and 14,4S1 tons, respectively, or
more than IS per cent OF our total
foreign takings for the month.
Much Of the conspicuous improve
ment in exports gained In May over
the preceding month was lost in
June, when expectation of iron and
steel from the United States was
only 220,112 tons, as compared with
q tonnage Of 231,260 in May and
200,735 in April. Exports Of iron
and steel from the United States
during the first six months Of 1922
were 1.160.177 tons.
Heavy Rail Movement.
The only large increase in June
exports over those for May was
steel rails, 1880 tons. There were
q number of small gains, however,
among the more important Of which
were: Boiler tubes and welded pipe,
2.469 tons; rail fastenings, switches,
frogs, etc, 1887 tons; tinplate. and
terneplate, 2.068 tons; car wheels
and axles, 1.751 tons ian increase of
255 per cent?; galvanized sheets.
1,141 tons; and barbed wire and
woven wire fencing, 1888 tons. Out
standing losses for the month of
June were: Black steel sheets,
I0,795 tons; iron and steel bars
and rods other than wire, 7,460
tons; iron and steel plates, 7.035
tons; structural shapes. plain ma
terial, 6,552 tons; scrap. 4,065 tons;
structural materials, fabricated,
1870 tons; pig iron, not including
ferroalloys, 1901 tons; plain wire,
1862 tons; and wire nails. 1,122
TONS
Japan and Canada retained their
prominent positions as the leading
buyers of American iron and steel.
The Washington times., 1922-08-20
Woman Pickpocket, 60,
Gets 6 Months Term

NEW YORK. Aug. la.--.Mrs. Annie
Abrahamson. sixty years old, OF
Brooklyn. who is Of rnothoriy.
benevolent appearances, but whose
nimbis fingers were caught In the
pocket OF 4 wcnran shopper IN q
Broadway, Brooklyn, department
store, was given q sentence Of six
months in the city prison In the
County Court, Il
Two months ago, taken into tae
same court on the same charge, sh 9
received a suspended sentence from
Judge Haskell. Al that time she
vowed that she would stick to her
home and her housekeeping,
The Washington times., 1922-08-20

features we have the present labor
troubles which are now in process
of being settled, and the probable
ity of others cropping out from
time to time. but as a general prop
osition labor is well piad and for
the most part satisfied. as the men
recognize that their employers are
disposed to treat them fairly. There
The Washington times., 1922-08-20

a third bad feature. high taxation
in this country stands out glar-
ingly, but that apparently is some
thing that the people win have to
grin and bear for some years TO
come. as there 10 unfortunately a
disposition TO make this generation
shoulder the entire war debt. The
balance Of the short-term notes and
items which make up the floating
debt should be funded into very
The Washington times., 1922-08-20
SsHH SsgHSHrHHaH#" BUSINESS AN d FINAN N E Hsaa'Ha%
LATEST NEWS OF
FINANCIAL WORLD

Leen demonstrated by the strength
exhibited by most stocks In the
face Of unfavorabie developments
In the outside situation both at
horne and abroad. Considering the
gravity OF the outlook which, has
existed, the market as a wnoe has
acted well, although pending a conf
plete settlement Of the prevailing
strikes transactions are apt 10 con-
tinue on q rather restrictei scale
The Washington times., 1922-08-20

long-term bonds. which probably
could be done at per cent.
Market Review and Outlook.
However, to return to market
conditions, II must be freely ad-
mitted that the favorable factors
outweigh the unfavorable ones over
whelmingly.
During the past week the strong
technical position Of the market has
The Washington times., 1922-08-20

is less to be feared from strikes
therefore than In former years.
Another unfavorable feature is the
mixed condition of international
trade, which naturally initiates
against exports In large volume
from this country. But IL we can
not sell to foreign countries we will
not buy from them, 80 that our
manufacturers will have less to
fear from foreign competition. AZ
The Washington times., 1922-08-20

a decline in the condition Of the crop
from 70 per cent ON July to is per
cent on August l. Owing to frequent
rains, the ground was too wet for
cultivation practically during the en-
tire month, therefore, fields have
become very grassy, and growth Of
the plants has been greatly retarded.
The August 1 condition indicates a
crop Of s4,ss6.0o pounds, against
109, ,06S, 900 pounds last year.
The Washington times., 1922-08-20
J.. :. To ASSIST
FIGHT AGAINST
CATTLEPLAGUE
Progress Is Made In Killing
tuberculosis Germs in
Many Counties.
By H. X. REYNOLDS.
international News Service.

Efforts Of many States to eradi-
cate tuberculosis among cattle have
gained such "headway that officials
of the Department Of Agriculture
regard the end Of the fight against
the great cattle plague as a prac-
tical possibility.
Many counties are now raising
large amounts Of money for this
purpose" the department states,
land the clean counties have set
an example that stimulates others
to follow. Progressive communi-
ties are beginning to realize that
they cannot have diseased herds
and expect to compete with farm
ers and breeders in localities that
are entitled to advertise that all Of
their cattle are free Of tubercu-
losis."
According to records Of the de-
partment, a dozen States now have
one or more counties in which all
Of the cattle have been tested one
or more times.
Oregon Takes Lead.
Oregon now has seven counties
In this class; Washington and Wis
consin. four each; Michigan and
Mississippi, three each; Nebraska
and Montana, two each. and Idaho.
North Carolina, Utah, Virginia and
West Virginia, one each.
Intensive work directed toward
the eradication of tuberculosis IL
now being done by 12s counties In
twenty-five States. In this list
Missouri has Is counties: Nebraska,
16; North Carolina, ID: Maine. II.
and New York. 10. Preliminary
work is being done In 256 coun-
ties and 70 communities IN 33
States. Iowa has 81 counties in
this list; North Carolina, 80: idaho,
28; Kentucky, 2s; Oregon, -; New
York, II, and Nevada and Wiscon.
sin, 10 each, Forty communities
In Georgia, 81 IN South Carolina
and q few in Louisiana and Ver-
mont have started eradication
work.
Michigan Appropriates.
Michigan seems to bo leading In
tho amounts Of money appropri-
ated by county authorities to assist
tho Federal Government and the
State In graduating the disease.
TO date the largest appropriation
made by any county In the country
Is the $4,000 fund voted by the
county commissioners of Huron
county, Michigan, aeeording to
available records. Other appropria.
lswsi EateH eeusty, s,000l Cal.
heun county, Bs.oo6i 0eeana, $4,000,
Clinton, $4,000 Mustegon, 5000,
and MsHFes, bs,e06, ffiIlsdaie coun.
ty, the first In the esaHtry to have
ell cattle tested, has made an sd.
ditisAai 'sppssRFiatisH Of $500 to
continue ths wssk Through the SEQ.
cad yeas,
The Washington times., 1922-08-20
Magnifen alker Nv n Course O This City
SOME SALIENT FACTS ABOUT WASHINGTON
PAST, PRESENT, FUTURE

millions dsbursed in salaries army of highclass
ployd personnel is the great Washington de-
pends not upon farm factory prosperity.
The certain stability of realty values here has caused millions
be invested in Washington by large trust and insurance
companies in real estate loans
During years Washington has grown tremendously
u S. Census records show population of over but
these records do not include great section of official Wash
ngon and the thousands who live in the Maryland and Vr
gina territory contiguous to this city, whose business activities
are in Washington.
The Washington times., 1922-08-20

Careful study of Washington for period of Is
is the basis for some very sound conclusions
During that period several disastrous business depressons
were experienced throughout the nation
Yet in Washington the depression least noticeable Of
ALL Values stood adamant Property readily saeabe at
little or no recession in prices.
Business always good in the National Capital though
the remainder country in the roes of panic and de-
preston.
The business grows greater every year. The