davidaulloa/AmericanStories huggingface dataset:
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
rwpRovEp RAIL OUTLOOK.

Although the shopmen's strike Is
disturbing factor in the railroad S'tua :
ton there are other factors "hi'h
probably form the basis for the
strength in rail shares last week
Among these may be mentioned the
fact that May earnings we're largely
in excess OF previous estimates. car
loadings for the last two weeks or
June were the largest for any similar
period since tho peak Of the fall load
ing movement IN the fall Of 1870; ratio
cuts effective July l are practically Off
sot by the wage reductions so that any
further increase In traffic should De
reflected in earnings. The shopmen
strike does not promise TO be or long
duration and there are indications that
the coal strike will be settled before
many weeks. With the prospect oil en-
cellent crops IN the fall there seems
70 be good reason FOR IN" present
optimism over the rail shares
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10

double those OF year ago nut only
half those Of two summers ago. Inc
general commodity price movement IS
upward. advances outnnmocTihE oe'
cI,nes nearly three 70 one. but the
Weekly Food Index Is shade lower.
6po IT, seasonal Influences on some
products Bank clearings sho" soou
gain over last year. and fa'lureS nave
decreased in holiday week.
Some quieting down OF refill trade tol-
lowing the pre-holiday squirt but rather
more buying IN small lots FOR near anu ana
distant positions from joobers ana
uybnlasalers at secondary markets
maintenance OF activity In manufactur-
inr and industry. with unemployment
really negligible; a slight slowing 40" "
of collections: quite not!ceah!e I'm,
proyement IN crops, especially corn ana
cotton. and Irregular weather condi-
,ions-too wet in parts of the east nut
TOO dry In the far n"rthwrst-are
nmonr thc features brought out IN the
regular weekly reports to BradstTeets'
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
ST. MARYS

J. Fl. MARBLE, Of Peasants, was
business caller here Thursday.
A. b. Flesher, Of Arvilla- was here
Thursday visiting friends.
Born into Mr.. and Mrs. Arnold
Brown, daughter on "wednesday
July s, mother and baby doing nicely
Misses Craig, Of Parkersburg, are
here this week visiting Mr.. and MIS-.
c. K. Van Valley.
Mrs. Clinton Jones returned to her
homo in Pittsburgh. Wednesday AFTER
spending the Fourth here with her par
ents. Mr.. and Mrs. Ross WellA
Mrs. Della Cornell. OF Schulu' was
shopping here Thursday.
Mrs. Charles Cornell, OF Willow, was
1ransacttng business hero THURSDAY.
Hon. NJ r. Lowther. Republican
candidate for State Senator. Of Park
ersburg was here Friday calling on the
voters of the city.
Herschel Z. Ogden, candidate Tor y.
S. Senator will address voters Of Pleas
ants county at st. Marys on Monday
evening, July 10 at p. m. Turn out
and hear this noted West VirgtIhan.
W. C. Gehri. student, Of Gambler
college. arrived here Saturday and viii
conduct services regularly during the
summer at the Episcopal church.
Mr.. and Mrs. Ollie c. Gatren and
children, Of sistersville visited the
formers parents, Mr.. ana Mrs .. d.
Gatrell, this week.
Mr.. and Mrs. E. J. Edmonds and
children, Mr.. and Mrs. Kip HAnes and
children and SAINT Hanes. OF Utica O.,
are here this week visiting relatives
and frienda-
Miss Ola McComas who 10 attend
ing school at Morsantown, came over
to spend the Fourth with hsr parents.
DR.. and Mrs. John MoComAa
II. w Riggs, Of Morgantown- was
here this week to spend his vacation
with his parents, Mr.. and MrA 4 W.
Riggs
DIT. and J. C. wIlcoxen arc homo from
a brief honeymoon trip. They viii re-
side on 4th street
Miss Dorothy Riggs. Of Cleveland.
O., is visiting friends and rviati~ss
here this week.
Ray White. who graduate rum the
Columbus Veterinary school ~ homo
and ready for practice.
Thomas Sparks and Ida Cunningham
were quietly married at the n p. Par
ge. July s. Rev. p. J. Null Of
fIciating. They will reside in this city.
Mrs. Anna Hachathorne died 1t the
home Of her son, Jobe, In this city,
Wednesday, July s, following a ling
erinE illness. Funeral services wore
conducted by Rev. T. @. Martin, pastor
of the church Of Christ InteImsnt
was made In the Ruckman cemetery.
Friday morning.
Mr. and Mrs. T. H. Ellis and, son
Robert, spent Tuesday with relatives In
Parkersburg.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
NEWS OF BUSINESS
WHITE MOTOR SALES INCREASE.

Truck sales OF the White Motor COM
pany for the second quarter Of 1872
showed sn Increase Of 40 per cent over
the FIRST three months OF the year and
90 per cent over the second quarter
or 1921. according TO On announcement
Yesterday. June, 1t was stated. was
the best month since September. 1920.
tae company has cash on hand amount-
.ir.y 10 $2.5O0.O00 with notes payable
reduced to sl.2Oo.OOO and no customers
paper discounted. Production IS being
gradually Increased to meet demand
and by October Is expected to be
on n yearly basis OF 10000 trucks or
more.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
WAGE AND RATE REDUCTIONS.

According TO figures prepared Tor the
Association OF Railway Executives
total rate reductions put into effect on
the railroads Of the country since Ju''
|. 1921. have amounted TO about $500
ono 900, compared with wage cuts
within the same period OF approximate
" s4s5 .o00. 900. Previous 10 the Inter
state Commerce Commissions order OF
MAY o5. reducing rates The railroads
had Voluntarily put into effe'i r"dN'-
lions ,otaling about s200,0oo.ooo since
1ulv ~ last year. In l'-I the
Labor BOARD ordered wage cuts m
crrd!ar those 10 train service en-
plnycs OF about IL per cent.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
srABuIz1wa OIL PRICES.

. The policy OF stabilizinE OF crude
OIL prices IN the United States In the
face OF continued largo product"r ard
Imports. IN the opinion Of III" vel!
informed observers. has apparently
been based on tho conviction that
Mexican production would show
sharp falling off somo time this year
and that this would be followed BY an
cycess OF consumption over domestic
production and imports. This attitude
ha. been reflected IN thu continued
action Of the leading companies IN ac-
curing large reserves OF oil and prop
critics not only In the United states
but IN foreign fields.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
BOND PRICES
ON UP TREND

New York. July 9.--(By The AZ
sociated Presa)--I.arGe sums available
FOR REIMBURSEMENT the first or the
month gave an added impetus TO me
demand for new bond offerings which
reached total OF sSS,250.0O@ last week
az comrarcd with S30.000.0Qo last week
and a weekly average OF SlOO,0VV'oVV
in the early months OF the year.
Prices Of bonds last week were dis
t!nctly upward. all government war
leans. except the first convertible reg
istercd fou rs and tho second reglstere"
rou RS now are selling at premium.
several OF tho liberties making new
high records for the year last week.
RaN bonds also enjoyed one or the
hcyt markets this year. 4 majority or
tho high grade Issues reaching their
highest price since the first or the
vear and some Of them going TO new
top prices. $1,000,
Sales OF corporate issues ar" exceed
ing those OF government and Foreign
war loans. Bond dealers attribute thiS
TO the fact that large number or me
government securities have been pnr-
chased for Investment purposes ana
withdrawn from the active market
large blocks Of them having being
obtained nv banks and large corpora
rrccla;.on Of 10 to ~ per cent below
their par value.
industrial Offerings
Industrial offerings totall!nE si7-
go. 600 featured last weeks new Is
sues which again failed to include any
foreign bonds. either governmental or
private.
Improved business conditions as re-
Elected in the constantly increasing ca
loadings OF revenue freight 70 expected
10 result IN som" heavy railroad H.
nancinv during tho next few weeks.
Among the issues recently approved by
tn" Tnterstat" Commerc" Commission
which VIII be offered shortly ar" s25.-
o0O non New York Central r"fUndin2
and Improvement fivrs: SS.0SI."n SAINT
PauI Railway equipment trust c"rtif!-
Gates and s5oononO New Haven first
and refunding mortgage bonds
Municipal Financing.
Municipal financing IN Jun" '"tal"d
s154273.633 Tho largest amount or
municipal bonds marketed IN June for
ten years.
The total for the first six months
was s713.o70.o97.
Among the large offerings last week
were.
Twenty-Five million dollars ten wear
81 per cent gold dchenturc bonds #
the Humble on and Refining corpora
ton offered AZ par: s"o.GOO.ooO 25 years
fta per cent first mortgage gold bonds
Of the = F.. Goodrich co. offered Mt
o. TO yield G.75: $4,000. 900 IS year
per cent first mortgage gold bonds NJ
tho Detroit CITY Gas Co. offered NJ
90: 20 WELD eco. sSS1o.onO 20 II
year per cent equipment trusts of
the Reading co. offered 10 yield 40
% SO rer cent: sJ,oO0.0O0 % year 5't
per cont general and rcfundInE mort
EaEe bonds of tho Los Angeles Gas
and Electric corporation offered RI
e6', 70 WELD IN excess Of 6 per cent:
81 000 h00 TO rs year percent direct
obligation bonds OF tho Chicago San.
itavv district offered 70 yield 4lJ to
430 per cent.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10

CHICAGO GRAIN

Chicago. July s.-Eftects OF tho
situation in Germany were apparent IN
the action Of the grain markets. mere
today and values were lower all around
Al the finish wheat was down ~ 70
IN. with July l.l2 10 l.l2h. and Sep
tcmber 1.l0a. TO l.l0S. Corn was OF
l, TO 2N. oats showed net loss OF
X 10 INC. and provisions ranged l. n
70 55c lower.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10

Identified with the iron and steel In
dustry N the MahoninE Valley. Mr.
Ford is director Of the Youngstown
sheet 4 Tube COMPANY and member
Of tho executive committee OF the BrieI
KIN steel Co.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
STEEL IS WATCHING
COAL AND RAILROADS
Many Plants Operating At Full capac.
ity-Demand Is Constantly
Upward.


Special Dispatch to The TntelliEcncCr
Pittsburgh. July 9--Thc steel indus
try during tho week just ended has
r;cd watching and development Of
events In tho coal and railroad strikes
as ono Of the most Interested parties
With the steel business ready to forge
ahead into full time and capacity. but
restrained by labor difficulties in other
n"lds. the outcome OF these two labor
disputes ~ OF vital interest 70 the steel
manufacturers. Many mills arc now
operating at full capacity. and in some
cases there is a sharp shortage of Ia
Dor Demand 70: steel products IL
tending constantly upward. and prices
appear TO bc fairly vel! established
throughout Difficulties as to coal sup
ply and transportation are the two
factors now holding back n surge OF
activity In tho steel industry which
would soon bring again conditions
similar To those Immediately following.
the war.
More stabilized conditions arc ap-
Parent IN the steel market and prices
are showing some response. One Of
the principal Mahoning Valley indie
pendcnts. for instance. which predict
cd $3.50 price on shet bars for
August and September. has extended
the S35 quotation TO apply through Au.
gust. Non-intergratcd sheet makers
compcllcd 20 purchase their sheet bar
requirements on the market believe
they will he able 70 cover on their
needs through the quarter at this flg-
urc.
Capacity 10 being occupied from SIS
70 90 nor cent az rule. Shortage Of
not mill workers likewise Is shutting
Of sheet production I" Some extent.
One interest. which last week shc"d
rled fifteen sheet mills. was compelled
TO reduce the number 10 twelve hcfore
tLe end of tho week because Of short
age OF men.
Coal Question
Cnntinuanco o. the coal strike IS the
only thing that stands in the way Of
Increased steel production during the
Inst half of tho year. according To lead
Ing stecl manufacturers. At the pres
,nt tine there arc several merchant
furnaces that are ready to blow In just
as soon az they have assurance of n
uupply of coke one ruranCe was pre-
naring TO start In June. but the high
cost Of coke caused n pOstponemet.
The price asked for delivery Of coke at
the furace. together with IN" freight.
was closo to SO ton With pig iron
selling around $@5 ton tn" ,umpany
concluded that II would have 10 sell
Iron ut n loss.
Tho most important development in
Industrial circles the past week Is an
nouncemcnt that the Youngstown Steel
Co. has commenced erection OF bar
iron plant At Warren. @. the iron 10
be ruddlcd by mechanical puddl"r
The process promises TO revolutioniZc
tits branch OF the industry.
THIS automatic pudding machines TO
he. used is tn. new invention of h. l..
Ford, for many years prominently
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
BOSTON COPPER STOCKS

wheeling. W. Va. July 7, 20.
Furnished Tho intelllgencer by A u
uastep & Co. members New York Stoce
Exchange Second floor National Banh
u w. Va. BLDG.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10

Cash ouotatlons:-wheat, Nc. = red
l14I3: No 2. hard. liz.
Corn. No. 2, mixed. $50 6tt; NO ].
yellow. 63'. GS3%.
Oats. No. ?. white. 37G4l; No. j.
white. SAN 9'3Sh.
Fork. nominal Lard. lo.II. Rios'
ln.55R1l.25.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
N, Y. CURB MARKET

wheeling. W. Va. July / ~
Furnished Tho lntcingencer by a
Nasten & Co. me nbers New YORK Stocs
Exchange. Secord floor Nauonai DANE
II W. Va. Bldg.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
PRODUCE MARKET
wheeling. w. Va. July :. ~.
PITTSBURGH STOCKS

Wheeling. W. Va. July Z, '22.
Furnished Tho lntelEgencer by A. q
hastea. IL Co. members New York Stocs
Exchange second floor National Bans
nj " VI Bldg
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
STANDARD on
SUBSIDIARY STOCKS

wheeling. W. Va. July 7. ~.
Furnished The IutelliEsncer oy A. -
Nasten 4 Co. members New YORK stoos
exchange. Second floor National Sans
~ W Va BlaK.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
N. Y. COTTON MARKET

wheeling. W. Va, July 2, '22.
Furnished The Intelligence by A. ~
uasten a Co, members Now York STOCK
IN change. Second floor National Bans
VI ". Va. Bldg.
ST. NISTc Nnan Hl1h | LOW ICloae
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10

In oaris and Rome tobacco was first
used in the shape Of snuff.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
Wow 10 opt1mtEt1c-

Although existing strikes continue 10
supply an element Of uncertainty. most
Quarters consider tina, the events or the
week have justified optimistic views as
10 the effect OF the railroad walkout
The New England textile strike Is drag
ginE on with !xed results so far as one
side or the other IL concerned, but the
SUSPENSION Of Goa! mining is still re-
garded as them os' important OF the
country's industrial disputes. 1t Is too
early 10 estimate the probable success
OF the negotiations now going on III
Washington TO end the strike, but moth
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10
N. Y. STOCK EXCHANGE

Wheeling. W. Va. July :. ~
Furn,sned Tho intelligence oY 4.
Gaseen &c Co.. members New York Stocs
ExchSpxe. Second floor National Bsns
Of W Va. Bldg.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10

New York, July 9.-(By the Associated
Press. while the holidays have served
10 obscure the trend in business anu
finance during the past week. the aVal-
able evidence indicates continuation
OF the Improvement In genera! business
The general securities markets nave
continued TO show considerable irregu-
lar!ty, but the tendency has been. on the
whole, toward higher prices. CaiI
money also has been n veritable 1actoI
and the reserve ratio of the com olheo
federal reserve system has fallen lot
the second consecutive week Inc nor
NAL heavy demand for currency in con-
nection with the early July holidays
has. however caused the latest declines
In ratio and the real tendency or monee
rates during the month remaivs 10 DC
disclosed
No falling Off is dIscernible, mean
while In the demand FOR steel. despite
the fact that pig iron output for June
set a new high record for the year.
daily average of 1900 tons comparing
with 74.4O0 tons in May and $500 tons
in January. Loadings OF railroad cars
also have risen to new high recoru'
Thus, for the week ending June "a, the
total ia $1,000 cars or 1900 more imam
in the previous week, ana ol'VoO MOI
than in the week Immediately preceding
the coal strike. although loadings OF
coal cars in that week ran 5000 higher
than in the one ending June "a.
Other signs OF increasing stability IN
business are furnished by firmness IN
the general Lowell of commodity prices
and a continuation OF the falling Off IN
the volume OF business failures. Tnus
Dun's index Of wholesale prices rose ~
per cent during juno. with al seven
groups 70 constituent commodities par
tlcipatinE in the advance. Commercial
failures as reported by the same agency
declined TO lao. which is go less than
In any month Of the year. Liabilities
involved fell of In similar measure.
These facts illustrated aptly the grow
Ing safety OF business and increase IN
confidence which lately had been APP
parent.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-10

rtn I, Is, aus. 1oosn, 10000 Oo2ilOo24
do, srd 4Xs. NORTHUMBERLAND
dn. ith AS. lo0S6 l003S l0o22l0O24
do VIC. a 'l0050F1 OBSERVATION-DISCLOSURES
The weekly times-record. (Valley City, N.D.) 1912-1922, 1922-09-07
GRAND FORKS
AMERICAN SOLD

Grand Forks, N. D., Sept. 2.-Judge
Cooley yesterday signed the order
formally selling the American to the
Page Printerie, a Grand Forks job
print concern. The Page Printerie
was among the plants putting in bid
for the plant and the bid was accept
ed by the judge but was held back on
the request of the receiver Of the Peo-
pies State Bank who claim they have
a mortgage on the property on which
the building stands. The American
was formerly daily paper owned
and operated by nonpartisan farmers.
The plant was in a building owned
by the firm and was one Of the best
equipped in the state. It was under
stood that the Page Printerie will not
conduct a paper but will establish a
Job printing concern.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1922-09-07
All that is necessary now is to col
lect the interest.

All that is necessary now is to col
lect the interest.
No question that has been before
congress in recent years has been so
disgracefully handled Jas the bonus
question. No issue has caused one
half the outrageous lodging, ducking
and shilly-shallying. Few members
of either house have the courage to
face the issue squarely. They know
that if the bonus plan is adopted some
adequate method of financing it must
also be adopted or the bonus cannot
be paid. They want to please the
service men and not irritate the tax
payers. 1t can't be done. .g..r
If the bonus should be paid, the
only way to do it is for all of us to
dig down into our pockets, and pay it
as quickly as possible. The one way
in which the. money can be raised
quickly and fairly is through a gen.
eral sales tax. But the congressman
who want the service mems votes are
afraid to risk losing the votes of the
taxpayers. So they would approve
the bonus and devote the interest on
the foreign debt" to financing it.
Of course this government borrowed
from it's citizens the money to lend to
Europe, and it must pay the interest
to it's citizens whether Europe pays
or not. Europe, for the most part,
is not paying, and if the payments
that are coming in are devoted to the
bonus, it simply means that taxpayers
will have to raise that much more for
interest payments. But some half
witted constituent of a congressman
or senator might be fooled into be-
lieving he was not paying taxes for
soldiers bonus when it is paid from
'the interest on foreign debts" so that
is the plan approved.
Great is "bunk." - Forum.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1922-09-07

trade? Hundreds Of millions Of dol
lars, yet we wonder why business con-
ditions are no better and there is such
great demand for positions by those
out Of work. There is no country "
ing out Of doors that is in such good
shape as the United States of Amer
lea, there is no country where it's peo-
pie live as well as the people Of this
country, and there is only one reason
why conditions are such as they are
now and that is the people of the
country themselves and the fast way
in which we live. We spend enough
each year for automobiles, movies,
and Injuries like that to keep the
people Of some of the other countries
in fine living and yet we are not sat
isfied with the pace we are travelling.
The agricultural conditions of this
country could be more satisfactorily
equalized if the people themselves
would take a hand in regulating
things instead of sending politicians
to Washington to do the regulating,
who, after they get down there, for
get what we sent them down there
for. Congress could if it wanted to,
pass remedial legislation that would
guarantee the agricultural interests
of the country a fair price for pro-
ducts raised on the farm, thus insur-
ing not only a fair living to the farm
ers of the country but good business
for the business world as well, for on
the prosperity Of the farming inter-
ests depends the prosperity of the
business interests. Both are inter
woven so closely that one cannot get
along without the other. And SO we
say, if these strikes were killed off
| fair wage set for the working men
| of the country-and it can be done
without hardship to anybody - all
kinds of commodities reduced to cor
respond, agriculture getting it's fair
returns for it's labor, this could again
be made the most peaceable and pros
porous country in the civilized world
that it enact remedial legislation that
will give square deal to the farmer,
the business man and the working
man, and put an end to this continual
strife, and gives politics the bounce.
| Conditions like those existing today
this trend toward anarchism and So
cialism-and you can hardly blame
people for it, and it seems to us that
the remedy is in the people them
selves. Let us demand of congress
bring about these restless conditions,
We need few Moses in both houses
of congress to start something worth
while. One or two men cannot do it
but if you can get bloc of men elect
ed that can and will do things, then
something could be done. So long as
| two or three men in the house make
legislation for the people, so long as
two or three men in the senate legis-
late for the people, just so long will
these conditions exist.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1922-09-07

Senator E. F. Ladd again ducked
one of the most important votes ever
taken in the United States senate. He
was over in Europe studying indus
trial conditions over there instead of
remaining over here trying to do some
thing for the farmers who are get
ting 6Oc for their wheat. Senator
Laid ducked the tariff bill and also
the soldiers bonus bill, and as first
class dodger he has no equal in the
senate.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1922-09-07

I'm his frequent manifestations Of
respect for the ancient landmarks of
American government, President
Harding demonstrates his wisdom as
a statesman and justifes the conf
dence reposed in him by the people,"
declares the Republican Publicity AS
ISOLATION through its President, Hon.
Jonathan Bourne, Jr. "He has never
once lost sight Of the fact that he is a
servant Of the people mot their mas
.er-and that the constitution meas