davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15

Continued from First Page)
in the federal constitution, Mr..
Lowden said:
Among the rights thus guarded
is the right of property. I know it
is becoming unpopular to speak of
property. Men have come to dis
cuss property as though it were a
mere inert thing, connected with
the life of man. Of course, proper
ty in itself can have no rights, but
surely man can have rights in
property if such rights are essen
tial to the welfare of mankind.
There has never been a ciyiliza-
ton in the history of the world
that did not have its beginning in
the recognition of mans right to
the product of his own labor,
whether of the hand or brain.
Boosts Private Property.
Private property must remain if
civilization is to go on, and the
more people who own property the
higher will that civilization be.
Our concern should be not to de-
stroy private property. but to dis
tribute it more widely and more
equitably. The path muzt be kept
open for the young man OF brains
to pass from laborer to owner of
the farm. The way must be made
clear for the worker in industry
and commerce to have a fair share
of the profits which he creates.
Man must be brought into more
kindly relations with the raw ma
terials and the forces of nature
with which they work. This can
be done only when men cooperate
with one another in productions,
and thus come into better relations
with one another. The great or
ganizing genius at the head of an
industry and the humblest worker
in the mill are jointly laboring to
produce something for the use or
the happiness of mankind"
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
Bond Market
BY STUART p. WEST
Copyright. 19z2-l

Wall Street, New York, Feb. ID
Activity in today's bond market CEN
tered chiefly in railway and foreign
government securities with scarcely
any movement worthy OF note
among industrial issues The list
was generally unsettled Liberty
bonds moved slightly higher. How
ever, the 31ks during most OF the
session were a few points lower
than their final level yesterday, in
dicating a Iessening of the demand
for this tax exempt bond. so active
Immediately following the treas
ury's announcement OF the Gaining
in of the Victory 3As- The uncer-
tainty regarding the form which
soldier bonus financing finally Will
take was again felt. But there was
little evidence of fear that congress
would decide upon the f1otation OF
a government bond issue which
+ would necessarily depress the IN
vesment market and sharply cur
tail financing now contemplated,
for various private enterprises.
The New Haven issues were
feature of the low priced rails, eX-
pressing confidence in the success
of the roads application for gov
eminent loan to cover its European
maturity. The debenture skies got
up nearly two points and the fours
of 1856 over three points. Both en-
countered some profit taking later
! on. On the curb exchange the four
per cents crossed 50, a gain Of
! over three points.
! Seaboard Airline Issues again
( featured the dealings, and trading
was heavy in Missouri, Kansas and
/ Texas adjustment 5s up about half
point New York, Westchester and
Boston AIS, st. Paul As of 1928,
| Frisco adjustments, Penn General
! AVS, Colorado and Southern first
/ As, and Denver and Rio Grande i'm
proVement 5s all advanced Substal-
! TALLY.
In the foreign government divi-
sion United Kingdom 51zs of 1922
and 1929 continued their rise to
I fresh tops. and there was particn-
] lar strength too in Swiss IS, the
New Queensland IS around 50, Mex
lean IS and Republic of Cuba IS.
Public Utility bonds and the sugars
were strong and United Drug SIS got
to 106.
| A syndicate composed of Drexel
and Company of Philadelphia
Brown Brothers, the Guarantee
| Company of New York and the
Union Trust Company of Pitts
burgh today bought for par and in
terest a new issue of 100000 IL
per cent 90 to 80 year optional
Municipal Bonds of the city of
/ Philadelphia The bonds will be
offered publicly tomorrow. A syndi-
cate headed by the bankers trust
company today offered $40, 284, 300
Equipment Trust notes of the Balti-
more and Ohio Railway company.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
BALDWIN LOCOMOTIVE.

Baldwin Locomotive made ready
response to the annual report,
which had not been fully appre-
ciated. Wall street all along has
been hearing that Baldwin would
show over $50 a share as against
the $15.14 in 1920. But it had not
looked for an income account that
it would disclose the equivalent of
$29, figuring in the business from
abroad as a separate item This
business originating in Poland,
Roumania, Argentine and Mexico
is represented by notes of these
governments which SO far have
been regularly met Nevertheless,
the management takes the precau-
ton of setting up a reserve of ST.
318,175 which is the full profit de-
rived from these foreign orders last
year. The domestic or cash end
of the business produced 1882 a
share, or two and half times divi-
dend requirements on the common
stock. AS expected, the balance
sheet showed the $4,000, 900 bank
loans OF the previous year nearing
extinction. The item was down 10
$4,000 and current assets, in
GLIDING the very moderate inven-
tory of $4,S40. 900 exceeded current
liabilities by nearly $27, 000, 900
altogether q very strong position.
LOW PRICED RAILS.
The Is per cent increase granted
the New England roads on joint
rates received from interchange
traffic with trunk lines was a fac
, tor in the market for the trade.
The trade to a sharp advance in
New Haven bonds, although not in
| the stock. 1t was responsible for
some revival of activity in the long
dormant stock of the Rutland rail
road. Otherwise the move in the
J low priced rails was. fairly well
proportional to what the individ-
| ual stocks are now earning. Colo
RADIO and Southern at As was up
points from where it was selling a
! fortnight ago when attention was
called to the fact that it was earn
| ing as much as Atchison. st
Louis and San Francisco preferred
at AZ was some points above its
/ price at the time of the annual re
port, with its astonishing disclo-
sure of earnings of at least $S5 G
! share, and St Louis Southwestern
common, which is earning 50, ha:
given a better account than tbs
/ average. for stocks selling around
and below rs. The earnings Of
Rock Island and Missouri, Kansa:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
ALLLIvESTOCK
TRADES Good;
SUPPLYLARGE
(Br Consolidated Pressl


Chicago, Feb. 15.-While supplies
were little larger than expected
at the local yards today, yet the
trade showed up well. About 700
cars of livestock arrived during
the day. Cattle trade has a much
better undertone than at the close
of last week, and values also show
some improvement Receipts of
livestock today were estimated AZ
5000 cattle; 1900 sheep and
lambs; $500 calves; 1900 hogs.
Cattle.
Steers sold strong to 15c higher.
Some 1,550-pound stock went at
$500. while other good heavy
steers sold at $S.O0@S.65. Bulk of
steers went at $7OGQ8.00. Best
cows sold strong, while Gamers
were easy. Bologna bulls at $3.75
GALS were steady. Light calves
were slow. Packers took good veal
ers at 10.00@11.0O, while shippers
paid up to $11.5OQ12.0O for small
lots.
Hogs.
Light hogs were again strong
from the start with some deals up
10 cents later in the day. Bulk of
220 a 800 butchers sold at S9.75GD
1000, while 190-pound lots went at
S10.25. More than $4,000 hogs were
held oyer-from yesterday. The top
remained at S10.25, while rough
packers sold at S8250S.50 with
good lots at $900@915.
Sheep.
Lambs held fully steady. Packers
paid $15.25, while best lots to ship
pers were placed at 1888. Shorn
lambs, at $1,000, were steady. Aged
muttons held without change, good
ewes going at S7.5067.75.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15

Vonttnued from First Page.)
Us brother-in-law, and Joseph Flo
fek, one of Bischoff's 40 field
agents. The warrants were signed
" Joseph Frankowski, Sill South
carpenter street, who was induced
70 invest $500.
Bischoff Assets Elusive.
while all these things were hap
pening attorneys for the creditors
sad the Central Trust company
sefe digging away in the hope of
ahdlng a definite trace of the evan
scent assets of Bischoff & Co. at an
~ day hearing before Referee Sid
sey {. Eastman in the Monadnock
.loek. In the afternoon attorneys
,of the receiver accompanied Mrs.
rank o. Davis, Bischoff's mother.
VI tour to various banks, where
we held safety deposit boxes, in
ne nope of finding some of the
ssock Of the Y Oil and Gas company,
ae only securities in his possession
seneVed to be of any value at all.
blschon has admitted that his
sOialngs of 100000 shares had
ssndled to 10000 shares, now
suoted at % cents, but even these
ae receivers so far have failed 70
sna. The only find of any conse-
ssehce was $4,000 in gold coin dis
ss.ered in a lock box in the First
s ss.s bank, possession of which
seaer Mrs. Davis nor her daugh-
=, Mrs. Norma Catherine Geer, ad-
/ S.'ted on the witness stand. Mrs.
avis gave the tardy explanation
- she had forgotten about this
aey, half OF which, she said, be-
.sed to her and half to her daugh-
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
Chicago Potatoes.

Chicago, Feb. 15. = Potatoes.
weak; receipts, 20 cars; total
United States shipments, 400 cars
Wisconsin, sacked, round whites,
1.756190 cwt.; Minnesota and
North Dakota sacked, round whites,
I,65@175 cwt.: Idaho. sacked rur-
, Is. 2-0oG2.10 cEt
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
WALL STREET FEATURES
Art P. WEST tooPTRIeHT. 1921

and Texas are very good and this
is showing in the strength OF their
shares There appears, however, a
good deal OF Rock Island for sale
Just above So.
PIERCE ARROW.
Pierce Arrow stocks had a rapid
move forward on the report tnat
Henry Ford was in the market buy
ing two well known automobile
companies and one of these COM
panies might be Pierce Arrow. The
report was published in a morning
newspaper by a man known to be
very close to Henry Ford. This
same writer was the first to an
nounce that Ford would get the
Lincoln company. 1t was explain
ed that Ford's money is piling up
so fast that he must find some way
to spend it. This Pierce Arrow re-
port came later in the day from
Detroit and caused a fresh wave of
buying in the stocks. 1t will be
recalled that the story from the
same source that Henry Ford was
buying Gulf States Steel sent that
stock up about so points before the
report was denied.
JEWEL TEA.
Jewel Tea continued to advance
today, having started its forward
move in the last hour yesterday fol-
lowing the complete success of the
Postum Company underwriting
Jewel Tea is sponsored by the same
bankers that are behind the Pos
tum company and the overflow from
the Postum undertaking was put
into Jewel Tea. The Jewel Tea
company is reported doing well at
the present time with earnings in
the neigh5orhood of $40 share on
the preferred stock.
MARKET STREET RAILWAY.
The demand for Market Street
Railway stocks, particularly the
prior preferred, continued today
after their sharp advance yester-
day. The buying in these shares is
anticipating favorable dividend ac-
ton, which is expected around
April /. Something like S. on the
prior preferred looked for. An esti-
made of the earnings on this class
of stock was made in the street
yesterday. The figure although I'M
official, was sos per cent. Deem
Der, the last month for which an
income report is available, was the
best month of the current fiscal
year so far. Over 100000 net
was earned.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
Kansas CITY Cash Grain

Kansas City, Mo-. Feb. 15.-Cash
wheat: No. hard, 1.30@1.4 No.
2 red, 13O@131.
Corn: No. white, 53H @55; No.
2 yellow, 54HQ55 No. 3 yellow,
5413 OBS.
Oats: No. 2 white, 38@3SA; No.
2 mixed, 37@3712.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
New York Money.

New York, Feb 15.-Call money,
easier; high, AZ; low, 4; ruling
rate. Az; closing bid, S1a; offered
at 4; last loan, 4. ~
Call loans against acceptance, AZ
per cent.
Time loans, firm; 60 days, AZ
as; 80 days, ~ as; six months,
AZ 05 per cent.
Prime mercantile paper, AZ as
per cent
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
Peoria Cash Grain.

Peoria, Ill, Feb. 15.-Corn: re-
ceipts 80 cars; 1201c higher; No.
? yellow, So; No yellow, SAY; No.
4 yellow, 5315; No. yellow, So;
No. 2 mixed, So; No. mixed, 54 i;
No. mixed, SO.
Oats: receipts 10 cars: 11ac high
er; No. 2 white. 40; No. white, SO;
No. 4 white, 3712.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
st. Louis Cash Grain.

St Louis, Mo, Feb. 15.-Wheat:
No. 2 red winter. 1.42@1.44; No.
3, 1.39@L40.
Corn: No. 2 white, SIC; No. 3,
54@551zc.
Oats: No. 2 white SOC; No. 8,
39Q39c.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
Weather Forecast

Illinois: Fair tonight and Thurs
day; colder tonight in east and
south portions.
Missouri: Fair tonight and Thurs
day; somewhat colder tonight in
southeast and east central portions
Wisconsin and Iowa. Fair tonight
and Thursday; continued cold.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
Chicago Produce.

Chicago, Feb. 15.-Butter, I'M
changed.
Eggs, lower; receipts, 1892
cases; first 35c; ordinary firsts, 81
@33c; miscellaneous, 500 341ac-
Poultry, alive, lower; fowls, Csc;
springs, 25c; ROSTERS, 1Sc-
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
Peoria livestock.

Peoria, H., Feb. 15-Hogs Re
ceipts, 1000; steady; top, 1000;
lights, 9.75Q100OS mediums, $500
9.75; packers, 7.50QS.50; pigs, 1000
and under.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
Liberty Bonds
Money and Exchange.

New York, Feb. 15.-Foreign ex'
change: easier.
Great Britain: demand, ABS Is
cables, 1855
France: demand 1858.
Italy: demand ASH.
Belgium: demand S-26h.
Germany: demand so.
Holland: demand 1925.
Norway: demand 1855.
Sweden: demand 26-15.
Denmark: demand 2O.7O.
Switzerland: demand 1851
Spain: demand 1872.
Greece: demand 4.57.
Poland: demand .03&.
Czechoslovakia: demand 1-SS-
Argentine: demand 1915.
Brazil: demand 1880
Montreal: SO.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
New York SUGAR.

New York, Feb. 15.-Raw sugar :
steadier, 2 1-16c cost and freight,
equal to 3.67 for centrifugal.
Refined -Quiet and unchanged to
10 points lower, 500 for fine gran
ulated.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
ToTedO Seed.

Toledo, Ohio, Feb. 15-CIover
seed: prime, cash, and February
and March, 1910; April, 1925.
Timothy: prime, cash and Feb
ruary, 1926; March, $50.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
Flour.

Minneapolis. Mimi, Feb. Is
Flour: unchanged to 20 cents high
er. Family patents S.15Q8.50 per
barrel in SO pound cotton sacks.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
St. Louis Futures.

st. Louis, Mo-, Feb. 15.-Wheat
May, 1865; July, 1908.
Corn: May, 81; July, CTS
Oats: May, 43; July, 441a.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
Local Stocks

Quotations Furnished by A. G.
Cochrane Co.. 3o9 Best Bldg.)
Rid Asked
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15

IN Spain a woman's mantilla IS
az as sacred, and it cannot be
Na for debt
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
Horses and Mules.

East ST. Louis, Ill, Feb. 15.-
Horses and mules, unchanged.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
CBy the Associated Press.
LiUe Stock
Chicago Livestock.

Chicago. Feb. 15.-Cattle. re-
ccipts. 5000; beef steers. strong to
15c higher: quality plain; top
(early( $50; bulk beef steers, zoe
$500; she-stock. bulls, stockers
and feeders, steady to strong; veal
calves, steady; bulk fat she-stock,
435@5.75; bulk stcckers and feed
ers. 6.25@7O0.
Hogs, receipts, 1900; uneven,
fairly active, steady 10 10c higher
than yesterdays average; top. 1925
on 40 to 100 pound averages: bulk.
9.75@1015; pigs about steady; bulk
desirable 100 to 120 pound pigs, $50
9S.75.
Sheep, receipts, 10000; steady to
strong; choice fat lambs TO packers
(early) 1926; some held higher:
good fed western shorn lambs.
1900; medium yearlings, carrying
some two's. 1850; fat ewes (early)
mostly 7.25@775; some held higher.
Prices for livestock in Chicago yester-
day were:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15

Grain
Chicago Cash Cram.

Chicago Cash Gram.
Chicago. Feb. ID
WHEAT.
No. 2 red, 1854.
No. ) red. 133G1-3412.
No. red, 1924.
No. 1 hard. 1.35.
No. hard, 1.33Q134.
No, l dark northern. LAT.
No. 2 dark northern, LAO. 4.
CORN.
No. , mixed. 54A @56Ac-
No. mixedf 53h 4551sc
No. 4 mixed, 5114 q5S12c.
No. 2 yellow, ssh 057Ac
No. yellow. $50 q SIC
No. yellow, 501s a SAC
No. 2 white, $50 SIC.
No. ) white, 531145512c.
No. white. 51Q54c.
Sample grade white, 49A q soc.
OATS.
No. . white, 3SA @41c
No. white. 34A Q39c.
No. white, 3412 @37c-
OTHER GRAINS.
Rye; No. 2, LOG.
Barley, 54066c.
Timothy seed, 5.00@Z.50.
Glover seed. 12.0002E0O.
PROVISIONS.
Pork. nominal.
Lard, 1887.
Ribs, 1O.25@1L25.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15

All the News-Ali the Time-
The Argus
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15

Silver.
New York, Feb. 15.-Foreign bar
silver, .66B; Mexican dollars, SOS.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
find ILLINOIS
FERTILE FIELD
FOR SWINDLERS

Continued from First Page.)
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-02-15
LOWDEN TELLS
KNOX Men OF
BUREAUCRACY

Continued from First Page.)
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1922-06-17
GREAT PROGRESS MADE
IN DEAF School


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The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1922-06-17
RANnTTS RsaE RtNk
AEnlgT EANkER

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The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1922-06-17
NO ETro-zTK
At Any EATE

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The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1922-06-17

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The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1922-06-17
COUNTY MFICERS AND
0TY OFFICERS BATTLE

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The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1922-06-17
TEXAS c0NPIM TO
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The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1922-06-17

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The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1922-06-17

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