davidaulloa/AmericanStories huggingface dataset:
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-06-01
STANDARD on
SUBSIDIARY STOCKS

Wheeling, ". Va. May 81. q.
Furnished The Intelligence by a. "
kaSten & Co. members New YORK Stooh
Exchange. Second floor National Banh
oS w Va, Bldg.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-06-01
LOCAL STOCKS

Wheeling, ". Va, May 81. 90.
Daily quotation list Wheeling Stoch
Exchange Complied for The Intelli.
gencer.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-06-01

Total sales 100000 shares.
U-EN-div. $3.50.
(2)-Ex-div. $3.50.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-06-01
WHEELING live STOCK

wheeling, W. Va. May 81, 80.
WHEELING LIVE STOCn COM. GO.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-06-01
Range OF local stocks to-day:

TIIIb NJ sVH
Sterling Prod. UncD ....... 1917 81
Wig Steel Corp. Com....... Ct 65ia
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-06-01

| Open. High. Low. Close.
Evening star., 1922-06-11
LIVE STOCK MARKETS.

BALTIMORE. Md. June 10 (spe-
ciaD).-The general live cattle mar
ket is quiet, with wharf receipts light
but ample at stockyards. Trade de-
mand centered on top grade stock
and all thin, ordinary cattle has to
he sold at a discount. Quotations
today at Light street wharf:
Beef, first quality, pound. !as; me
dunn, 5aS: bulls. as to quality, 4a5;
oxen, as to quality, 3a5.
Caives-Veal, choice, pound, lo$. a
lie: choice fat heavy. sha10; fair to
good. 81 as. heavy smooth fat veals
7as; heavy rough. 5has; common
Sheep-No. l., pound. Sal; old bucks,
4aa5; common, 2haSla:.
Lambs-Choice. pound, spring. 35
and 40 pounds. choice A, IA; fair to
good. 1aa13lz; poor, rough heavy
lambs, 1la12.
HogeStraight- pound. 1oc; sows'
as to quality. 7aS; stays and ooars'
5a5A.
CHICAGO, June 1o-(United States
bureau Of markets).-Cattle-
ceipts. 500 head; compared with week
ago. beef steers 25 to 35 higher
COWS and heifers, 15a25 up, grassy
rcows showing least advances: bulls
|25 to 40 higher; veal calves mostS
Isl higher: stockers and feeoers
steady TO 10 nlSHSE, IVY iiio ! "a SS
beef steers, $50; top long yearlings
$50: light mixed yearlfngs. S.4o
weeks bulk prices beef steers, $3.50
$40; stockers and feeders. I.Ooa1.d5
butcher she stock, 5,I5a15O; cannert
and cutters. 3.25aA35; veal calves
10.50aI1.0o.
Hogs-Receipts. 10000 head; stead,
to 10 lower than Fridays average
lighter weights off most; top, 1885
bulk, 10.10al0S0; holdover light pig!
about steady. mostly s.l5alo.5 SO
heavy weights. 10.5oa10.65: medium
1o.4oa1O.s0; light 10.75a1os5; ligh
lights. 1o.40a10.s0; packing so7Ss
smooth. 9.25as.so; packing sows
rough. e.ooas35; killing pigs. s.sos
1850.
Sheep-Receipts. s.ooe head; today!
receipts mostly all direct. marke
nominal: compared with week ago
desirable spring lambs and eve!
steady: culls native springs. so low
er; shorn lambs. fat wethers ant
yearlings, weak to lower; week!
bulk prices spring lambs. 14.00al4.50
culls. s.0oas.oo: shorn lambs. ll.oos
1875: yearlings. S-ooas.5o; wethers
.5oa7.75: ewes. 35oas.75: new croI
feeder lambs. ll.25a12.00.
NEW YORK. June 10.-Cattle-
Receipts go head: no trading. Calve.
Receipts. 42o head: steady. Virgins
veals, S.o0a12.50: culls. 70oas.o0
Sheep and iambs-Receipts 5,34o
head: irregular; lambs 10.00a14.25
sheep, Z. 3.0oa5.o0 culls 2.o0a25o.
Hogs-Receipts,37S head; no trad
ing.
Evening star., 1922-06-11
HEAVY REALIZING SALES
In COTTON A FEATURE

NEW YORK. June 10.-Heavy
realizing sales were absorbed on COM
paratively slight reactions in the
cotton market today with both July
and October contracts making new
high records in the later trading.
July was relatively firm on covering
by shorts and buying said to repre-
sent price fixing. 1t sold up to %
at 22.3l. October advanced from 81 go.
or 35 points net higher. and closed
the early low level. to 22.3S and closed
at 2222. with the general market
closing firm at net advances of 10
to 80 points. December contracts
sold of to PHO. with the more active
months showing net losses Of about
to 16 points shortly after the call.
but trade interests were buyers on
the decline and the market soon
turned firmer. New Orleans was a
good buyer of July, while there was
Evening star., 1922-06-11
NEW YORK BANK STATEMENT

NEW YORK. June 1o.-The actual
condition of clearing house banks
and trust companies for the week
shows that they hold s31.50s.600 IN
an increase of s4.s67.43o from last
week.
The statement follows:
Loans. discounts. etc, s4,7Is,o12-
600; increase, S37,022.0O0.
Cash in own vaults; n mem6eGS, san e6S. fed ed
Reserve in federal reserve bank of
member banks. s57s.l75.ooo; increase
s12.o72.ooo.
Reserve in own vaults: state banks
and trust companies, S1,43s,WO; de-
crease. $4,000.
Reserve in depositaries. state banks,
banks and trust companies, slo.42o-
600: Increase. s237,000. .-,
Net demand deposits. s4.25o.362 .ooe. I
increase $40. $4,000. United States
deposits deducted, s7a.302.e00.
Time deposits, s359.635,ooo; IN
crease. s2s.s7S.ooo:
Circulation. sa4,5ss.ooo; increase
''s.s Aggregate reserve. s5s7.o34ooo
crease. 4.s87.43o.
Summary Of state banks and trust
companies in Greater New York, not
included in clearing house state
ment: ,o.
Loans. discounts. etc, $s6o,494soo:
increase. $1.0S9.900.
Cold, $5,612.2oo: increase. S33.70o
Currency and bank notes. sf6,4i3'
500; increase, $2ss.60o.
Deposits with Federal Reserve
Bank OF New York, s53,927.6oo; de-
Total deposits, ses1.15s,soo; de-
crease, $2.059.4 400.
Total deposits. eliminating amounts
due from reserve depositaries and
other banks and trust companies IN
New York and United States: De
nosits. s646,3e3.100; decrease, s3.676,-
600. Banks. cash in vault. s26.26s :
500. Trust companies. cash in vault,
s49,714,700.
Evening star., 1922-06-11

out to see who Is the stronger"
So there they stood on the bridge.
Neither was willing to give up his
point. yet both believed there was
better way Of solving the difficulty
than by going back OF fighting 1t
out.
Chile and Peru, as represented by
their delegates to the Tacpa-Ar1ca.
conference here, have met on the
bridge. There they stand today
less. they ask some third person to
come out in the middle Of the stream
below and make suggestions as to
how they may proceed
Can Cite Past Failures.
Some very pessimistic things could
be written about the conference so
far. Those who doubt the ability of
Chile and Peru to reach an agree
ment. who believe this conference will
end as others between the two coun
tries have ended, can cite the many
their contentious And when the
tlement of the old quarrel between
Peru and Chile are considered their
case is made stronger
On the other hand, despite the i'm
passe reached by the delegates. opti-
m1sm is more In order. In the first
place. it must be remembered that a
deadlock-a friendly deadlock"-
was expected from the first, and the
fact that the delegates have reached
that stage is sign of progress, how
ever 'paradoXical that may seem.
Mediation, from the first has seemed
the most logical way Of adjusting
this dispute. The deadlock. reached
in friendly endeavor. is not the stop
ping place. but merely the first stages
OF what, in this case. is the wiser
move. The delegates. If indica tions
are correct. have not actually agreed
on arbitration by the United States.
but the eventual arbiter has been
been done to date. When the time
ocmes for it the way for arbitration
will be made smoother.
1t is unfortunate. in a way, that
the ChileanPeruvian conference fol-
lows so closely on the heels of con-
ference between nations which set a
record for the expeditions disposal of
grave questions and with such aus
picious results. The contrast has
been marked. There has been little
publicity Of definite nature attend
ing the Chilean Peruvian conference.
The delegates have met, day after
day, excluding from their conversa-
tions even the secretaries. and re-
porting little other than the hope
that the morrow would bring forth
intervals have elapsed between the
meetings, : while delegates cabled
their home governments for instruc-
tiops. which when received appar-
emily contained nothing of a con-
structive nature. The unwillingness
Evening star., 1922-06-11
SUMMARIZES THE RESULTS
-. OF THE GENOA CONFERENCE
C. w. Barron, an Observer, Comments on
Events Which Sidetracked Proposed
Loan to Germany.

One OF the most intelligent and
informing appraisements of the re-
suits of the Genoa conference is that
by C. ". Barron, contained in a re-
cent interview in the Boston Herald,
says the Bache Review. "Mr. Bar
ron has summarized the work and
the significance Of these results from
first hand inside information. He
was at Genoa from the opening day
Of the conference as an observer and
correspondent. Very briefly. his con-
clusions may be summarized as fol-
lows" says the paper:
Genoa. was the first international
conference Of all European nations
to promote the peace OF Europe.
Thirty-three nations were represent
ed in the council hall. To expect a
world solution in a few weeks at
sonable. Ten years ago the result
Of such a conference would have been
the return OF every diplomat, with
quiet request to his government
for more guns. more ships and more
men, because the differences and the
the necessity for increased national
defenses Wonderful to relate, all
the problems and differences derel-
oped this time only a universal call
for disarmament and peace. This
shows, in brief, the first striking
success Of the Genoa conference. 1t
showed the world, from Russia as
center, in all directions and every
where, struggling for peace. Not
single voice was raised for aggres-
sion. The only real fight at Genoa
was the night of Northeliffe against
Lloyd George, and Lloyd George won
at every point He downed North
cliffe and all his papers and came
back to London in triumph and with
an overwhelming parliamentary vote
Of Endorsement"
Germany Defeats Purpose.
The nations assembled first tried
to agree ss to whether the real prob
lem of reconstruction should begin
with Germany or with Russia. The
English. of course, wanted, hrst. re-
construction Of Germany. The French
would not have 1t, and therefore
| Lloyd George moved on TO Russia.
While he was making every possible
concession in conferences with the
Russians and French at his villa. the
Germans defeated the whole purpose
Of the conference, as far as II was
to benefit Germany by announcement
Of their private arrangement with
Russia
I'm the early developments Rattle
nau felt aggrieved that Germany was
not in the limelight and debating
terms of reconstruction for Europe.
He and his associates proposed to put
themselves on the map. They signed
up the Rapallo treaty on Sunday
afternoon and fred the bomb into the
council.
Evening star., 1922-06-11

Previously there had been very
broad proposals for assistance and
loans to Germany. but the moment
the Rapallo treaty was anhDuncod
Lloyd George handled the matter
most masterfully He simply said:
Since you have made your own teru.s
with Russia. you, of course. have 10
further interest in other peOpie
terms And the surprised Germans
found themselves. for the rest of the
conference, sitting on the side lints
This was happy event for pesce. Ir
simply cut out all German philpsoph-
ical and impractical discussions.
The Rapallo treaty meant nothing
at all for the present. II was a CON
pact Of trade where neither party ha
anything to sell at the present TIM
nor anything with which to buy.
Proposals Called "Irrationakp'
The Russians were permitted, AZ
Genoa, to make the largest and most
preposterOus claims against the
whole world. but what the world saw
was Russia's own internal disaster.
disorder and starvation. Russia vas
treated at Genoa like a sick child aud
permitted TO make any cutlery or any
demand. When to the carefully pre-
sented memorandum Russia ed
with twenty-five pages of words. II
was declared that. Of course, an an
swer would be made. But no answe-
was made at Genoa. The English &
not talk: they act. They always en-
deavor to find some practical solu-
tion.
The Russians proposed. in their
twenty-five pages, a conference OF eH-
perts. The other nations. instead -
answering with words. let down the
Russians so gently that they did not
at first know what had happened 10
them. The response to them was
Certainly. If you want a conference
of experts We will have il at IT,,
Hague in June And the conference
adjourned. The Russians were t',
most disappointed people leaving the
conference. They had done most -
the talking. made most of the issues
and had shown themselves, their
needs and necessities and received the
quiet answer. Call again next month
One Great Achievement.
The conference was a great SUI
cess. It showed the Germans and the
Russians, the French and the English.
the Italians and the Belgians. They
were all there on exhibition. each 20
the other. and the only resulting de-
mand was peace.
1T was, OF course, imposeih.a At
the first meeting of all these nations
in distress to formulate plan which
would give quick relief, but the Erea.
success at Genoa is that the nations
hav emet, have discussed. have shown
their differences. have reached q clear
understanding concerning the needs
and necessities of each, and that fur
ther conferences must now follow in
promotion of peace and good will"
Evening star., 1922-06-11
STALE CONDITION
IN STOCK MARKET
Issues, for Want Of Support,
Show OecIines-More Con-
sentative Tone.

NEW YORK, June 10.-Signs that
the stock market had gone stale"
presented themselves at frequent in
tervals during the week. These
symptoms became more accettuat ted
in the later session, when freer offer
ings and lack of support caused se-
we're declines.
Virtually every branch Of the list
was encompassed in the reaction.
which was primarily attributed to
the detached attitude of the public.
Confirmation of this latter fact was
found in the sharp falling off of
dealings.
Certain significant incidents of the
weeks selling movement, however.
were believed by observers to bear
direct relation to the policy of con-
servatism recently inaugurated by
exchange.
Result Of Cautfonfng.
In substance. IT was conjectured
that considerable liquidation emanat-
ed from traders who had been eau
toned against excessive speculation
and other extensive offerings origin
ated with interest. which have invol-
UNFAIRLY severed their connections
with the exchange.
versal was found in the revelations
arising from the legislative inquiry
into the promotion OF the steel
merger. While the details OF this
project differed in no essential from
previous undertakings of like char
acter. the manner in which they were
disclosed gave courage to the shorts
Higher Commodity Prices
Continuance of labor disturbances
balanced by still higher ommodity
prices. notably in metal. sugars, tex
tiles and feathers. a higher ratio OF
production in the automobile trade
and increased activity in many lines
Of business.
expansion OF loans and discounts by
clearing house banks. local call
money rates were at lowest quota
tions in four years, short-time funds
eased and merchants paper found a
more ready market.
Informed financiers expressed little
surprise at the result of the bankers
conference In Paris. but hopes of an
early solution of the reparations
problem were not abandoned. Much
of the previous months gain in for
eign exchanges was Cancelled. The
British rate alone holding within
measure distance OF its recent maxi
| mum.
Features of Todny's Markets.
The two-hour session of today's
stock market was featured by recur-
rent selling movements. notably in
oils. steels, equipments. coppers and
| rails. Extreme reaction of one to al
| most five points were only slightly
retrieved in the covering of contracts
before the heavy close.
Clearing house loans and discounts
1 ~
! about s37. 900. net demand deposits
! expanding by almost s50000,0o0. The
! actual cash gain Of s4,s67.00o in
creased excess reserves to s31, 500. 900
The days general news included an
| nouncement of a s2.30o.000 gold i'm
portation from Germany, the first in
many weeks, and a review Of business
| conditions which was encouraging as
to wholesale distribution in the dry
goods trade.
Evening star., 1922-06-11

scattered coverings and trade buying
on the advance in that position. and
a good commission house demand for
the later deliveries. December ad-
vanced to 22.o5, with the general
higher late in the morning. The close
market selling 16 to 35 points net
was only a few points off from the
best under realizing. Sales of print
cloths in the Fall River market for
the week were estimated at 10000
pieces and the curtailment of produc-
ton at $4,000. Most plants there are
said to be working on full time and
some increase of activity is also re-
ported at other New England plants.
Evening star., 1922-06-11
MAXWELL MOTOR SCORES.

Domestic production by Maxwell
Motors during May amounted to 6,171
cars, which is a bit better than the
volume called for by the schedule
Shipments amounted to $500 cars
Maxwell business has been showing
consistent Improvement, and the week
of June 3, the last on record, show eo
gross orders amounting to S1.200,600
the banner week of the year.
Evening star., 1922-06-11
PRAIRIE PIPE GAINS.

NEW YORK; June 1o.--Prairie Pipe
Lines report for 1921 shows net In
come of S15.160.500 after charges ana
taxes. or $5S.37 q share earned on
S27,O00,000 of capital stock. In 1920
its net income was $s,932,323. or
s33.0S a share.
Deducting from total income the
pipe line rents Of $174,623 and in
terest of $642.13s. a total net income
of $15,76o,5o0 10 left for 1921.
Evening star., 1922-06-11
DESPAIR NOT PREVALENT
.INTACNA-ARICA DEADLOCK
Kmpasse the Opening Stage of Mediation.
Delegates Must Go Slow!y Because
of Varying Public Sentiment.

and let me step over you. If I kneel
my people will think me the weaker.
You must kneel and let me step over
you"
For that reason I cannot kneel.
said the first. III you do not give
way we must go back. else fight it
Evening star., 1922-06-11
Attention,
Real Estate Men!

Experienced Builder is desirous
to make connection with reliable
real-estate firm to build. on profit
sharing basis. For appointment,
Address Box l70-H. Star Office. =.
Evening star., 1922-06-11

Knit goods distributors closed a
good business In May. according to
reports Hot weather Is having a
good effect on trade, but retailers
continue to buy summer goods for
immediate needs, although limited
supplies force them into the market
Underwear is moving freely.
Evening star., 1922-06-11
WALL STREET NOTES.

Two loans of Cuba Cane Sugar OF
s10.000.00o each have been reduce d
by liquidation of collateral To about
s17.500,000. Company expects to start
new fiscal year october ! with little
carry-over of stocks.
Evening star., 1922-06-11

Use Of some surplus wartime
wooden ships filed with concrete and
sunk around Hatteras beach as a pro-
lection against the sea is a sugges-
ton that may be acted upon officially
soon.
Evening star., 1922-06-11

Pacific Telephone & Telegraph has
declared its regularly quarterly divi-
dend OF ~ per cent on preferred
payable July l to stock of record
June 80.
Evening star., 1922-06-11
NEW YORK DRY GOODS.

NEW YORK, June 10.-Cotton good
markets were strong and active today
Yarns were firm at irregular levels
laps were steadier Linens were irTeg
uiaf. A6vInces; In clothing are oetni
resisted. -
Evening star., 1922-06-11

500 line will receive from the gov
ernment 1892, 900 as final settlemen,
of guaranty for, six months following
period of federal control.
Evening star., 1922-06-11

cept one week in September, 1920.
Reports from auto makers indicate
that May shipments totaled $3.50
carloads, 21,sl0 driveaways and go
by boat April shipments were 1894
carloads, 22,3S1 driveaways and 2,96o
by boat.
The P. B. & w road has declared
its regular 'semi-annual dividend Of
per cent payable June 80 TO stock
of record June 15
A receiver was named al New York
| for Mccall Riley & Co. stock brokers,
and Joseph A. Mcintyre. floor mem
her for firm. was suspended IRON
Consolidated Stock Exchange.
The c.. St. P. NJ & o. road has
been granted permission TO issue
| s2.10o,000 debenture gold bonds TO be
| sold at not less than 93le. proceeds
from which will be used for corporate
] business.
| YOUNGSTOWN Sheet & Tube is pre-
| pairing its Hubbard plant. consisting
| Of two blast furnaces, for resumption
when coal supply improves.
| President Harrison of the South
ern road declares that outlook for
| last half of. the year is encouraginG
| ana unOeT present NpHuiAlpltF a
| favorable showing for the road can
| be expected. Fixed charges for frst
| four months of this year were fully
earned.
American Locomotive has recently
closed orders for fourteen locomo-
| tiyes, two OF which are for the Cen
| trail Of Georgia road.
Mohawk Mining has declared a
! dividend of 81 a share, payable Ju!'
| 10 to stock of record June 10. Among
| other dividends declared were the
regular quarterly payments Of Mack
! Trucks-s1.75 a share each on the
first and second preferred stoch-and
| Loft Candy. 25 cents a share.
Evening star., 1922-06-11

President Kurrie Of the c. I. & /.
says last week in May was the best
in history Of the Monon route. eH-
cept one week in September, 1920.
Evening star., 1922-06-11

The P. B. & w road has declared
its regular 'semi-annual dividend Of
8 per cent payable June 80 TO stock
of record June Is.
Evening star., 1922-06-11

A receiver was named al New York
for Mccall Riley G. Co. stock brokers.
and Joseph A. Mcintyre. floor mem
her for firm. was suspended IRON
Consolidated Stock Exchange.
Evening star., 1922-06-11
BY BEN McKELwAY.

BY BEN McKELwAY.
"WO strong men met on. a mar
row bridge. Said one: "Kneel
down and let me step over
you that both of us may
pass on
Said the other: No; you kneel down
Evening star., 1922-06-11

Youngstown Sheet & Tube is pre-
pairing its Hubbard plant, consisting
of two blast furnaces. for resumption
when coal supply improves.
Evening star., 1922-06-11

American Locomotive has recently
closed orders for fourteen ldcomo-
tiyes. two OF which are for the Cen
trail Of Georgia road.
The Topeka state journal., 1922-09-27
STUDY WELLS AT EMpoRIA.
State Normal Adopts Outline of His
tory as Text Book,

Emporia, Kan, Sept. 27.-H. G.
Wells's Outline of History has been
introduced as a textbook in the Kan
sas State Normal scnoo1 here this
fall. 1t is being studied by 175
freshmen in a new course, "Introduc-
ton to College Life which all begin
ming students are required to take.
The course primarily is intended to
acquaint students with all the phases
Of college life and to give a brief in
sight into the different branches of
knowledge. 1t is new development
in college subjects and has been intro
lduced into only few institutions. ac-
cording to officials of the rscnoo1 here.
Half the freshmen of the Kansas nor
NAL are required to take it this fall,
the other half to enroll In the course
after Christmas.