davidaulloa/AmericanStories huggingface dataset:
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
New Y ork Market|
FINANCIAL

New York, Jan. N.-Early tendencies
towards Improvement in the stock mar
ket today were nullified by the resump--
ton Of liquidation and short selling Of
selected issues Of the Industrial variety.
OF these Gulf States Steel was the
most conspicuous example making a
further decline of III points to Ga, that
quotation representing an extreme reac-
ton Of 26h points from yesterdays
high.
Replogle Steel, another recent spec
tacular feature sustained a net loss Of
three points at 50, or nine points from
yesterdays maximum. Other steels,
notably those mentioned in merger ru-
mors were lower by one to three points.
Equipments, motors, oils and niscel-
laneous stocks Of the chemical, textile
and tobacco groups Jared similarly and
rails moved listlessly.
Ftrmness and occasional strength
were shown by coppers, shippings and
chain store issues, local transactions
also hardening. Sales 100000 shares.
Trading In bonds was fairly active,
ed net losses. Domestic rails also eased
and internationals were irregular with
the foreign exchange market. Total
sales (par value) aggregated S., 875. 600.
Clearing house loans and discounts
showed an actual contraction of $751;
561 600. or almost three times the ex-
pansion reported last week. An in
crease Of SIS, 467 $40 in actual cash
holdings lifted excess reserves to ap-
proximately $4,000 600.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
CROPS IRREGULAR;
BELOW ESTIMATES
|NGOUTHER|V WORLD
Winter Wheat in Northern and
Eastern u. S. Good; Rice in
Orient Above Last Year.

Washington, Jan. 21.-Crop condi-
tons in the northern hemisphere are
reported by the agricultural depart
ment to be still quite variable" while
the harvestings in the southern hemis-
phere are said to be in general slightly
below estimates"
While wheat harvesting in Argen-
tina was said to be making good prog
ress, recent reports, the department
stated, were less optimistic than earl
Ter ones, as to the probable yield. The
crop was said to be of generally good
quality, however, with the area plant
ed estimated at approximately a mil.
lion acres less than for the preced-
ing year.
The Australian harvest, now virtual
" completed was expected to show
some reduction, it was said. from the
first official estimate Of 146 1914, 900
bushels, which approximately equals the
192O-21 crop.
The condition Of winter wheat is
reported to be generally good through
out eastern and northern section of
the United States and also Canada, but
is described as poor in most of the
southwestern states. Winter rye con-
ditions were reported to be very good
in this country.
Winter crops are said to be showing
some deterioration in Germany and IT.
regular growth in France, due to
drouth, while they are reported favor
able in Hungary and several neighbor-
ing states.
The rice crops Of both India and
Egypt are reported as promising to be
considerably in excess of those Of
last year.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
Stock Market
g seen by
Bulls 81 Bears
Reported by H. B. Lake 3 Co.

0ep0ft00 " n. ~ AuAo ~ w.
New York, Jan. 21.-The copper
stocks were very conspicuous on the ne
the list, in most departments. was I'M
der pressure and declines were record
ed. The total turnover in stocks yes
terday approximate one and one
quarter million shares. or the largest
volume for any one day in some time,
and many Of the shrewd observers were
distribution Of so-called pools took
place anu the heaviness In certain de-
partments today would seem to signify
that the market has probably reached
point where 1t will have to contend
with stronger opposition at the present
tive Of profit taking on the bulges.
There was no interest in tho days news
budget Of q particularly influential
sort and values in the stock market In
most departments will in all likelihood
be for q while influenced by the tech
nical position which from conserva-
tive way Of thinking has probably been
rush in prices In the various groups
that have undoubtedly eliminated the
short interest n q market factor and
At the same time has attracted rather
large sized outside following on the
buying side. It would seem therefore
tion, except In a few instances where
CLIQUE activity may further elevate
values, will be subjected to an increas-
Ing amount Of resistance OF advances
from the current range so that with
this view IN mind we naturally are
more disposed to advise the reduction
Of long holdings In certain departments
where enhancement in quotations has
been extensive Of late.-Logan d
BRYAN,
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
Bids for BUILDINGS
for University to
Be Opened Saturday

Helena, Jan. 21.-Bids will be open
ed Saturday by the state board of ex-
aminers for the general contract for
plumbing and electrical installation on
the new forestry building at the state
university at Missoula; engineering
building and shop building, state col
building, state university, Missoula.
Each proposal must be accompanied
by bid bond in sum equal to five
per cent of the amount of the bid, ex-
ecuted by reliable and accepted sure
ty company. The contractor to whom
work is awarded will be required to
enter into a written contract to COM
plete the work in accordance with the
plans and specifications and within
the time specified.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
Chicago Market
GRAIN AND PROVISIONS

Chicago, Jan. 21.-Shorts were driven
to cover on the Chicago board Of trade
today, improved commission house de-
mand for wheat making for a steady
advance In that cereal. which caused
the rest Of the list to strengthen In
sympathy. Wheat registered net gains
Of ia to n; corn was up II. oats
were " to 4 higher. and provisions
gained from 121 to 20 points. although
January pork finished 50 points UP.
The wehat pit was quiescent in the
early trading. Local traders were in
clined to be bearish, but did not act
on their convictions to any great extent
When the buying started, the surplus
in the pit was readily absorbed.
News developments were mixed, ex-
port demand continuing slow but the
weather map showing that western
Kansas received little or no moisture
overnight. One authority pointed out
that Liverpool remained strong despite
large Argentine and Australian ship
ments.
Corn was influenced by wheat, but
when the cash markets failed to re-
sp md to the advance in futures, there
was less inclination to run prices up
and trade remained within narrow
limits.
Oats exhibited some strength that
some switching OF corn holdings In the
oat pit.
Trade in provisions was not large
and was easily influenced by the
strength in live hogs and in the grain
pits.
The prices of futures ranged as fol-
lows:
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
q FINANCIAL DIGEST
from out of town, to other means Of
employment which offered a higher
THE WEEK I'M BUSINESS
BY The Tribune.

from out of town, to other means Of
employment which offered higher
return.
In consequence Of this curtailment
of Wall Street supply, the money rate
went up to 1-2 and pei. cent. This
made itself felt as an additional check
upon the investment market, which had
been planning an adjustment OF its
prices to IL per cent.
Credit Position Unchanged
The advance in the Wall Street loan
market has sixnified absolutely no
change in the general credit position.
It is merely diversion of funds from
one quarter to another. The federal
reserve reports are the true guide to
the banking situation, and with the re-
serve ratio up to 76 per cent this stu
alton is the strongest In five years
that is, since before the United States
entered the war. Within little more
than q year the initiation of war period
has been undone while the nations Of
the world in the course Of settling their
trade debts have added the enormous
gold.
Business Outlook
The general business outlook ap-
QCdEo tCEy klItlC VAlCACAI AtVA "A0S
It did at the close Of last week. The
steel manufacturers are looking for
ward to spring, anticipating that build
ing and other construction projects
will be resumed then on a large scale
and that this added to the railroad buy
ing will considerably expand mill oper-
atoms, even if it does not bring much
of rise in prices. The latest reports
from the WOODEN industry are good,
but the cotton market has had another
object lesson that the trade is not
ready to follow prices up from the
present level. In. other words. the dis
some 100000 bales larger than it
was estimated in October has done
away with the fear of shortage and
has led the cotton spinners to feel
that they have the whip hand Of the
situation, that they can check any ad
vance in cotton prices by simply stop
ping buying.
Francs and Marks Fall
Whatever outside opinion may be as
to the policy of the new French gov
eminent insisting upon the most rigor
Gus enforcement of German repara-
tons, it is plain that the international
money markets do not like it. Not
only has the status Of the German
mark steadily fallen since the Poin-
caire ministry came into power, but
French exchange has come down still
more proportionately. What this weak
ness in francs clearly reflects is re-
vival of the old fear that Germany,
pressed to the wall. would say that it
could not pay and that it would not be
Al easy matter to collect indemnity
by the forcible measures proposed, as
some French statesmen profess to
think.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
Nv STUART p. WEST
8posial cssrespeRosat Of Great Fails 1flbuae
Copyright, 1929. by Tho Great Falls Tribune


New York, Jan. 21.-At the outset
of the new year the prediction was
made that 1922 would be period Of
active competition, relatively low com.
mercial prices and consequently small
ditiOns every energy must be bent to
reduce production costs and it was
pointed out that one Of the most ef-
fectivc ways Of doing this was for
large corporations, which would make
little or no money going it alone, to
get together and form single units,
with all that this would mean in the
way of economy and saving. Conse-
quently, it was also predicted that 1922
would be q year of industrial combina-
tions, the union Of producers and
manufacturers acting under the I'M
pulse Of a mutual necessity.
Great Mergers Pending
In this prognosis lies the keynote of
the present Wall Street movement.
The stock market foresees great mer-
gers Of enterprises impending and is
discounting their effect not only upon
security prices, but upon general bust
ness condit ons as well. 1t has long
been appreciated that the only way the
so-caled independent steel companies
could hope to make profit under con-
ditions as they are and are likely to
be in the steel trade, is to consolidate
on the lines of the United States Steel
corporation. Likewise it is no new
idea that the Cuban sugar growers and
the American refiners would both do
better if the two lines were Joined into
one. But it has remained for this
weeks market to awaken to the great
significance Of these probable CONSOLE
dations, first as factor in reviving
speculation. and second as a help to
trade recovery.
Everything that has happened in the
financial week h of some consequence
beside tie movement on the stock ex-
change 1t was clearly shown that the
investment demand is as keen as ever
by the wonderful oversubscription Of
the 20 million dollar southern railway
bonds, the sequel to which was an al
lotment of only 20 per cent for the
small applicants and Of only 10 per
cent for the large. But there is still
no reason to change the view that the
greater part Of bond lists reached
about the best that could be expected
in the December boom, and that the
great advance from June to January
had pretty well measured the decline
in the interest rate and raised purchas-
ing power of the dollar.
Fluctuation of the Money Rate.
This Judgment has been supported
still further by the action of the money
market during the past week. Wall
Street. in lowering it's Bid for money
to 3 per ce"t overdid things. The cf-
feet was to divert bank balances. espe-
cially those sent here from institutions
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
DIRECTORS REELECTED
TO The Tribune.

Special to The Tribune.
Havre, Jan. 21.-Officers and direc-
tors of the Homebuilders Investment
company have all been reelected for
another year. The company paid
5 per cent cash dividend for 1871; The
RIFT. Dr.. A. e. Wilkie, G. A. Hulfish,
James Holland, ST., Ed. Doyle, Pat
Yeon, n. e. Loringer and DR.. j.. s.
Alrnas. Officers reelected last night
are G. A. Hulfish, president; DIR. J. 8.
Alrnas, vice president; A. L. Ritz, sec
rotary treasurer, and James G. Hol-
land. Jr., manager.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
Cuts Wornan's Throat
and Own on Refusal
in Store to Marry

Los Angeles, Jan. 2i.-Ralph n.
Hart, of San Antonio, Texas, killed
Mrs. Wilma II. Stotts and then
hImssh here Saturday by cutting
the wonan's throat and his own,
after Mrs. Stotts had declined to
marry him. The affair was wit
messed by a sister Of Mrs. Stotts,
who screamed and tainted, her
calls attracting neighbors.
Mrs. Stotts and her sister own.
cd small suburban store. The
man called there and the tragedy
followed a brief conversation.
Hart was AZ years .oId. Mrs.
Stotts was IS. Both were divorced.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
Great Falls Daily Tribune

First Issue Of Daily Tribune May 16, 1SS7
Published every day In the year at
Great Falls, Montana, by The Tribune.
Incorporated
Entered ct the Great Falls Postoffico
as second class matter.
SUBSCRIPTION RATES
BIZ CARRIER IN CITY
Daily and Sunday, one year ....... $500
Daily and Sunday. s months ..... .$476
Daiiy and Sunday. 8 months ......$2.S0
Daily and Sunday, less than three
By MAIL-POSTAGE PAID IN q. 8.
!, and 5 Zone and part Of Zone
within Montana
Daily and Sunday ! year ......... $500
Daily and Sunday, months .......$425
Daily and Sunday, s months $3.50. .$2.28
Daily and Sunday, less than three
months, per month 300
Sunday only. year ................$ $3.50
By MAIL-POSTAGE PAID IN q. 8.
Part Of 4 Z0re outsid" of Montana
and 3, 6, =, and ZoneSt
Daily snd Sunday. year ........ 5000
Daily and Sunday, 6 months ......S476
Daily and Sunday. s months .......$250
Daily and Sunday, less than three
months, per month ................9O 300
Sunday only, year. outside Of
Montana and In Canada ........ $500
MEMBER OF THE ASSOCIATED
The Associated Press IL exclusively
entitled to the use for republication Of
otherwise credited in this paper, and
also local news published herein.
Foreign Advertising Representatives.
BENJAMIN & Kentnor Co., 226 Fifth
avenue, New York City: Aailers Build
Ing, Chicago.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
AT SOUTH ST. PAUL

South St. Paul, Jan. z1-Cattle, re-
ceipts 100; compared with week ago
better offerings Of beef steers and
luit her sh> Stock stslIv to strong,
others slow, weak; Gamers and cutters
uily steady; bulls strong. Quotations
1t close:
Common to medium beef steers $40
): bulk $4.50@6.25; butcher cows and
heifers $325@625; bulk s3.25@s5; can
lers and cutters $2d32L, bologna bulls
S3.2505; calves receipts none; COM
pared with week ago: mostly soc high
c-; practical closing packer top So.
Hogs, receipts 1000; steady to 1oc
CHER than Fridays average; few
lights $s.25; bulk good 200 to ESQ
pounds So; heavy packers S6.25; few
good pigs $3.50.
heep, receipts none: compared with
'reek ago, fat lambs and yearlings so
to TIC higher: good and choice native
I'D fed western lambs closing Sill 5
,neep, 25 to SOC higher; better grades
closing $696.75; heavies $5q5.50.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
WYOMING WOMAN DEAD;
WOULD NOTIFY HUSBAND

Billings, Jan. 21.-Authorities of
Greybul1, Wyo., have sent inquiries to
every town and city in the northwest
proprietor of a Greybull hotel, whose
wife died suddenly there Friday from
ptomaine poisoning after eating ripe
olives. Shomo left Greybull Wednes
day on a tour of the northwest.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
SMALL SON DIES

Special to The Tribune.
Fort Benton, Jan. 21.-The five
year -old son of Mr.. and Mrs. George
Nagengast of Montague died at the
St. Clare hospital Friday, death re-
sulting from a sudden attack Of ap-
pendicitis. The child was brought to
the hospital Thursday from the Nagen-
CAST ranch, which is about IA miles
east of this place.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
Livestock
AT CHICAGO

AI CH1IAOV
Chicago, Jan. 21.-CaItle, receipts
500; compared with week ago; beef
steers and fat cows and heifers mostly
25 to SOC lower; Gamers and cutters
4uily steady; bulls Is to Csc lower; veal
calves 75c higher; common and medium
grades feeder steers weak to Csc lower;
others and stockers steady.
Hogs, receipts 1000; active, mostly
10 to 15c higher than Fridays average:
packing sows and pigs about steady;
shippers bought about $500; good
;Iearance; top Ss.75 on light weights;
very few over $3.50; bulk $685.
Sheep. receipts 5000; today's receipts
nearly all packers direct; compared
18th week ago: Fat lambs 25 to 4oc
CHER; fat sheep and yearlings Is to
DC higher; feeder lambs so to 75c
.gher; week closing at the high point
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
At KANSAS CITY

Kansas City, Jan. 21.-Cattle, receipts
so; for week beef steers mostly Is to
C lower; top $50; fat she stock,
anners, bulls and stock calves steady;
took cows, heifers and killing calves
.eady to strong; stock feeders steady
% Csc higher.
Hogs, receipts 500; generally steady
strong; spots higher; ITO to ESQ
ronnders most $7s5@s; packer top So.
Sheep, receipts $500; on through
..4,ass: for week: sheep fully steady;
ambs steady to 25c lower; top 1926.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
80 ARRESTS IN IDAHO
PROHIBITION RAIDS

Wallace, Idaho, Jan. 21.-Thirty
persons were arrested Friday in Wal
lace and other points in Sho ]hnne
county by state and federal prohibi-
ton enforcement officers.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
BOY IS ScALDED

brentwood, Jan. 21.-Lincoln o.
sen, three year-old son of Justice of
the Peace l.. s. Olsen, is in a serious
condition as the result of scalds re-
ceived when he fell into a pan of boil
ing scrub water.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22

Light on the daily round of life in
the early Christian era is given in
Egyptian documents recently discov-
cred.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
MILwAUKE FL

Baseball is one of the civilizing in
fluences in the public school system
of the Philippines.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22

More than half million tons of
new shipping was under construction
in September, 1921.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
AT OMAHA

Omaha, Jan. 21.-Hogs. receipts g.
100; active. 5910c higher; medium
sales $770Q7.90.
Cattle, receipts 225; compared with
eek ago: beef steers mostly 25c lower;
The stock steady to 25c lower; bulls
about CSC lower; veals 25@50c higher;
ers and feeders 15@26c higher
week ago: lambs 75@85c higher; sheep
eArlings and feeders 5O075c higher.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22

MAY LEAVE BONUS BILL
FOR HOUSE TO START
Washington, Jan. 21-Initial action
on the proposed soldier bonus legisla-
ton may be left to the house.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
AT SPOKANE

Spokane, Jan. H.--Hogs, receipts n;
ket steady to strong.
Cattle. receipts 80; market steady.
Sheep, receipts 10; market steady;
no changes In quotations.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22

BUTTER, EGGS. PRODUCE
Chicago, Jan. N.-Butter, higher;
creamery extras, 33kc; firsts, 27132c;
Eggs, lover; receipts ss4s cases;
firsts, 34Ac; ordinary firsts, 29931c;
miscellaneous, 32G34c.
Poultry, alive unchanged.
New York, Jan. 21.-Butter irregular
Eggs firm.
Cheese irregular.
Poultry, alive, quiet, not quoted;
dressed, steady, unchanged.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
RosTON CURB CLOSE.
NEW YORK SUGAR

NEW YORK SUGAR
New York, Jan. 2.-Sugar futures
closed steady; approximate sales 49,
100 tons; March 1921; May $2.52; July
SO; September $2.82.
BANK RESERVES
New York, Jan. 21.-The actual con-
dition of the clearing house banks and
trust companies for the week shows
that they hold 3s.e52,s70 in excess of
legal requirements. This Is an increase
If S23, 467 $40 from last week.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22

AT PORTLAND
Portland, Jan. 21-Cattle, hogs
sheep nominal; no receipts.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22
AT DENVER

Denver. Jan. 21.--Cattle. receipts
none; beef steers s5Q7.5O; cows and
ss5ogs5S ;s sioc S ana a'G feeasr. $3.50
o..
logs. receip.- roo: market strong;
one fair load $40.
;heep, receipts $50; market 15@25c
cher; lambs S1211225; ewes $696. %;
eeuer lambs Sl6Ql 1850. -xty--Szxt
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22

NEW YOk COTTON
New York. Jan. 21.-Spot cotton
quiet; middiing S1S.05.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-01-22

This Judgment has been supported
still further by the action of the money
to 3 per ce"t overdid things. The cf-
feet was to divert bank balances. espe-
cially those sent here from institutions
The copper era and Morenci leader., 1922-12-29
ARIZONA ENDORSES DIAMOND CREEK DAM.

PHOENTX, Dec. 27.-W. s. NorvieI, state water commissioner of Arizona today granted a permit to James B, Girand, Phoenix engineer, for the construction of a $40,oO0, ,0O0 power dam on the Colorado river at the mouth of Diamond Creek. 26 miles rortk of Peach Springs, Ariz., and approximately 100 miles above the size of the prorosed Boulder csnyon dam. The Diamond creek dam is to generate 100000 horsepower.
 Application will be made to the fed eral power commission at its next meeting in Washington January $ for license for the construction an operation of the project, MT: Girand said tonight. Mir. Girand declared be felt certain the federal commis sion would issue the license, as he was granted a permit for the site two years ago and a contract was enter ed into whereby the commission agreed to issue the license upon com pletion of certain development work on the site. This development work has been completed. MT. Girand stated.
 Construction of the dam will start late in January, according to pres quire approximately two years for completion.
 The permit, MT. Norviel stated to- night, in no way conflicts with the provisions of the Colorado compact. recently signed at Santa Fe. N. M.
 Upon receipt of the permit today, Mr. Grand paid fee of $10.0S5 to the state water commissioners office. He also filed with the water com missioner an assignment of the per init to the Colorado River Engineer, ing & Development company. m Arizona corporation, formed recently for the purpose of constructing aud operating the project.