davidaulloa/AmericanStories huggingface dataset:
, 1922-07-22

The Central Pipeline company has
received its first shipment of material
for h line to Salt Creek. a carload Of
pipe covering having arrived this
morning.
T~elesraphic advices state hat the
first consignment of pipe. consisting
of five carloads will arrive tomorrow.
to be followed by twelve cara On Mon
day. Other shipments win arrive daily
until the entire line is received and
the work Of hauling and stringtng is
expected to start on Monday.
, 1922-07-22
Silk Stock at Fuchs
Store Is Depleted
By Sale Success

Gorgeous silks at low prices were
shown to the patrons of Fuchs' this
morning who struggled their way In
to the popular stort after waiting for
an hour on the sidewalk before the
doors were opened. Placards on groups
of handsome gowns announced their
selling price.
By noon today very few dresses were
left. The silks had gone before the
mighty desire OF the buying public
for nice things at reasonable prices.
, 1922-07-22

csc.
Whenever new moves gavo even
slight promise of bringing about an
end Of the big labor struggle. wheat
traders were quick to attempt dis
counting in advance the fall in prices
that It 49, generally assumed would
result should either or both the strikes
be declared off. The bear side Of the
market found additional favor. too.
becaEse of weather conditions which
cispelled almost completely a lingering
fear that black rust might endanger
the spring crop. In this connection,
railway Officials were quoted as pre-
dieting that Notwithstanding strike
difficulties the roads in the northwest
would haul a wheat yield of record
, 1922-07-22
WHEAT takes
ANOTHER DROP
Trading in Chicago Weak and
Listless During Short
Session.

CHICAGO. July 22-TradtnE in
wheat during the early dealings today
was Hight and f~catureless. There was
some small buying power and local
traders were inclined 10 press the sell
ling side. Scattered rains IN the north
west section OF tho grain belt yester-
day and predictions OF continued good
weather for the crop made the out
look favorable TO the bears.
There was a iuii IN the talk re
Earding the railroad strike Is funda-
mentally a hearish urEumsnt. through
IL was believed something promising
would result from h conference be
tween President Harding and the head
Of the railroad labor board. who was
summonded TO Washington.
The opening which ranged from un-
changed figures to &c lower. Sept
s11oh to S1.1o@ and December
S11Ix to SI.12, was followed for a
slight further decline. and then by
something OF a rally.
The market later became heavy and
closed weak, final quotations showing
a net loss Of ia to 1Mc, with senten-
Der s1.osA to $1.oeS and Defenders
S1.ioh to 1.1oI-
Corn and oats we're flnner. but trade
light. After starting unchanged 10
Is q 14o higher. with Sept. s4s
TO 81 IL. the corn market underwent
q sight general sag all around.
Corn followed the action Of wheat,
he finish ranging from a to 1xc to
nc net lower. with September ssH
TO $3.50.
oNts started unchanged & 4 a
1<c nj. with Sept. s476 to IS. and held
close to the initial range.
Higher quotations for hogs tended to
lift provisions.
, 1922-07-22

strength in several of the seasoned
rails. notably cotton carriers. and
some of h high grade sp~eciaities un-
der professional control.
Steels n equipments were IN de-
mand. partly TO cover more or less ex-
tensive short contracts. but for the
most part because trade conditions
seemed to justify hopes Of a revival of
activity in those industries.
Coppers. chemicals, textiles and
numerous subsidiary issues derived
their tentative support from the same
, 1922-07-22

All the other stock had also been
greatly depleted
When ltr. Fuchs first opened the
sale he expected to run It for a week.
thinking that it would take thai long
to dispose of his summer goods. but
at moor today no made the statement
the stock wouldn't hold out much
longer. In fact 1t may be gone by the
time of closing this evening.
, 1922-07-22

UdICAGo, July 22-Potatoes weak.
er. prices lower. demand and move
men slow, receipts 90 cars on
track 2s5 cars; total Omitted States
shipments 5s2 cars, eastern SHORE
Virginia barrel cotblers No. i,
s-sS q 400; Kansas sacked Cobbiers
1.so q 1.so. few sales. sacked early
ohios. partly graded. slight dirty, best
LIS O lao, poorer 10 q 1876, MINI.
esota sacked early ohios. partly graded
1-s6 a 40. bulk 1.4o q 1.45; closing
prices yesterday Washington sacked
melted Gems, Nc. l. ono car 1.5o.
, 1922-07-22
Consolidated Well oompleted.

Consolidated Royalty OIL compsnys
Richardson No. 2. which was com
plsted yesterday on the southwest
quarter Of section 6-ss-7s. sait Creek.
made 1855 barrels On the first ~
hour test and ranks with the better
wells OF that vicinity.
This is the third well brought in by
this corporation and Western Expioyn-
ton which are developing the land
Jointly. on what is known as tract o.
and which brought the high price Of
$4,000 at h Douglas land sale last
year.
, 1922-07-22
500 @ TOO: heavy ewes $50 @ $50
feeder lambs 1890 @ 1856.
Omaha Quotations.

OMAHA Neb., July 22-United
States Bureau of Agricultural Eco.
Observation-Disclosures 5000; light
butchers steady to strong. other
classes neven mostly Toe higher;
bulk OF sales ss@io.4o. top stl56.
Cattle-Receipts 4Ee: compared with
week ago. Choice grade best steers
about steady; other grades 25c to coo
lower: weeks top s10.75; better grades
she stock steady: other grades 35c tc
soc lower. bulls weak to 25c lower.
veais soc to 81 lower. stookers and
feeders steady to CSC higher.
Sheep-Receipts none: compared
with week ago: Lambs 81 lower
sheep and yearlinss SOC to 75c lower
feeders 75c to 81 lower.
, 1922-07-22

The Standard shipped during the
month OF June a total of $500. 900 gal
Ions Of gasoline from its local plant
to Baton Rouge for export. This is
the same mou as was shipped dur
ing the previous month and is 1000
,ooobarreis short of the desired aver
g During the remainder OF the
summer an effort will 10 made to in
crease the shipments that the short
age may be overcome and a higher
average maintained.
, 1922-07-22

Broadening OF export demand for
wheat took place on the declines In
price. but failed to check TO any great
extent the downward tendency of val
ues. Buying for European shipment
was said to be largely due to iroreas-
ing abroad about the possibil-
ity OF supplies being restricted by
strike Interference. Liberal receipts
of wheat at primary centers were
noted. however, despite hampered IA
~cllities for transportation and rural
complaints Of a shortage OF cars.
Corn and oats were easier with
wheat on account suspicious field re-
ports.
Provisions reflected higher hog val
ues and a better shipping demand.
, 1922-07-22

NEW YORK. July 22.-Great Bri
tain demand 4.45h; cables 4.45K; 60
day bills on banks 4.s3M.
France demand s.37h: cables s.3s
Italy demand 4.64h: cables 4.s5.
Belgium demand 1924; cables 7.sa
Germany demand. 10: cables .lsM.
Holland demand 1856; cables 1890
Norway demand 1870.
Sweden demand $3.50.
Denmark demand 21.5S.
Switzerland demand 1919.
Spain demand 1850.
, 1922-07-22

With n trunk six fec In diameter
at the base and a spread OF branches
covering approximately 5000 square
feet. a cherry tree in the Hood River
district of Oregon is believed to be
the largest tree of its kind in the
world.
, 1922-07-22

DENVER. Colo. July 22-Cattle-
Receipts 1877; market unchanged; beef
steers s7q9.so; cows and heifers $50
SIS: calves $4@7: bulls s2.4S94.5o;
stockers and feeders $4.76@s.
Hogs-Receipts Sc; market steady:
top on sale S9.65.
Sheep-Receipts 53r: market steady:
ewes si1.5o@12.75; spring lambs $50
6.26.
, 1922-07-22

The Derrick OIL company with head
quarters at Douglas ia now on an
earning basis IT having just received
two checks from the United States
OIL and Refining company, for royalty
oil sold from h Usage field.
In addition to its Usage property.
the Derrick also owns leases and roy
atty interests in. Salt Greek and Poison
, 1922-07-22

NEW YORK. July 22.-The nctual
condition OF the clearing house banks
ana companies for the week
shows that they held s4s. ssO.72a in
excess OF legal requirements. This is
an increase Of s31.564.2so from last
week.
, 1922-07-22
Buttcr, EEEs, Poultrx,

CHICAGO. July 2z-Butter STEADY
TO lower. creamery ertras 80: firsts 50
q 50; seconds 20 Q 20 1-2: standards
81 1s.
Eggs lower. receipts D.Ts1 cases.
nrsts 20 U 20 1-2: ordinary irsts 10;
miscellaneous 10 Ia q 20. storage
packed extras "a; storage packed nrsts
p Ia; poultry steady to lower. fowls
II IL; oroiiers 2s @ 20; ROSTERS 10,
, 1922-07-22
MARKET GOSSIP AND FIELD NEWS
OHIO OPERATIONS ON INCREASE.

After a period of comparative inactivity for the past sew
eral months which was started during the crude price cutso M
last summer. the Ohio Oil company is rapidly approachino
its normal position as an operator in this district with IS wells
now drilling. Seven of these are wildcats" located in vari
Gus Wyoming prospective fields and five have been started in
, 1922-07-22

NEW YORK. July 23.-rndependent
steel shares were the strong features
at h outset OF today'a brief stock
market session as Q result Of the gov
ernJn approval OF the proposed
meyer. Midvale. JackawsAnna, Re
r'iblic and bethlehem Steeis registered
early gains OF / to 2h points and nfni.
lated ssu also improved. Rails
showed no p~erceptible response devel-
opments in the strike situation. Mo-
tors and oils showed variable gains
Mexican Petroleum rising TX points.
Food n chemicals specialties rose
fractionaily over yesterdays final
prices Leading foreign exchanges
were firm on tho better tone Of the
London market.
, 1922-07-22

reasons. but oils were variable.
Motors also lost ground, their re-
versal being largely ascribed to the
.precarious financial position of sever
al prominent companies. which It was
feared, might necessitate ~reorganiza-
ton or drastic capital reimbursement
Unusual conditions ruled in the
money market. rates for call loans de-
veloping unexpected firmness. which
time funds, especially the shorter
dates. eased p~erceptibly with more lib
eral purchases of mercantile paper at
an average of four per cent for all
maturitieR
, 1922-07-22

shallow well being drilled near
Cumberland by j. A. Moore has
reached a depth of $50 feet where the
first sand is expected. A hole drilled
last summer to a depth of 1870 feet
lower on tho structure encountered a
show Of oil. and after setting idle for
nearly a year. o has oil flowing
over the casing.
, 1922-07-22
TONE MAINTAINED by
MARKETS DESPITE Big STRIKES

NEW YORK, July 22.-The financial and commodity
markets maintained a fairly even tone during the better part
of the week, regardless of the severe handicaps imposed by
the crisis in the coal and railroad strikes and further slow
ing down of industrial operations.
Prices of stocks were irregular at their worst, with an oc-
, 1922-07-22

Standard on company Of Louisiana
has made It's eoo cut IN the price
OF gasoline in its territory. the new
quotations being 21o tamil wagon and
24c retail
, 1922-07-22

The big international labor unions
now have seven banks in full opera
ton, with nearly n dozen more in
process of organization.
, 1922-07-22

LONDON, July 22.-Bar silver seH
per ounce; money IA per cent Dis
count rates short and three months
bills 2 per cent.
, 1922-07-22

At several fashionable weddings in
London this season the brides have de
fled superstition by choosing green as
the color rsheme of their bridal re.
tinues-
, 1922-07-22
STRIKE UNCERTAINTIES FORCE
wheat PRICE TO LOWER Level

CHICAGO, July 22-Efforts to anticipate the market ef-
fects of any settlement of the railway and coal strikes have
done a good deal this week to send wheat prices to a lower
level. Compared with a week ago, wheat this morning was
down "a to 4sBc, corn was &c off to lac up, and oats show
ing a decline of ia and "A to 23sc. In provisions, the week
, 1922-07-22
STOCK TRADING
IS DULL TODAY
Strength of Independent Steel
Is Only Bright Spot in
Market.

New York. July a2@Today's stock
market was dun and feat6rciess. aside
from III prosninencs and strength OF
independent steeis- Those shares reg,
istered gross gains OF l 10 az points
on the statement OF Attorney General
Dausherty that prospective combina.
tons were not in violation Of the fed.
eral statutes. OILS were irregular.
Mexican Petroleum alone showing &C.
casional strength. Selling Of the mo.
tors was resumed with further heavt.
ness In S~tudebalSer. Changes among
rrils were fractional. the trend, how.
ever. being lower. The close was ir.
regular. Sales Appropriated 100000
shares
, 1922-07-22

Greece demand STA.
Poland demand .o1z.
Czecho- Slovakia demand Els.
Argentine demand 36.75.
Brazil demand 1875.
Montreal 90 1-16.
, 1922-07-22

Spider. most Of its acreage low be-
ing under the process OF development.
, 1922-07-22

NEW YORK, July 22.-Foreign bar
silver SOS; Mexican dollars So.
, 1922-07-22

BOSTON. Mass. July III The
Calumet and Hecla Mining company
today declared a dividend of five dol
lars a share. nj last dividend was
declared on June so, 1920.
, 1922-07-22

Green has always been considered
the emblem OF fickleness.
, 1922-07-22

meet me at the smokehouse."
, 1922-07-22

tire Revinlsr-.surst field OF Montan.
NO conplcaonh as reported for n.
week. but one wei Is being drilled IN
At Salt Greek. the result of which
should be- known in a day or two
Following f. status of wells in all IN,
fields Of he Mountain states
Big Muddy.
No II. Jones oPc. section io-ss-Ts
shut down at 1890 feet
Grass Creek.
No. 10. Phelps. section 1s4s-ss: &c
mented at s.oTs feet
No. IL. LII Sheep. fishing for bit a;
1886 feet.
Lance Creek.
No. 3. Lamb. section 82-ss-eB, fish,
ing for tools at 2.ss5 feet
No. ?. Putnam. section 1866; drni
ing at $50 feet.
Mule Creek.
No. Z. Butte. No IS; drilling at $40
feet
Salt Creek.
No. 1. Tract z. section 7-ss.Ts: test.
ing casing Mt ALSO feet.
No. / Tract q. section 1888; test
ing casing at AIS seet.
No. 1. Tract EFT. section 2o-ss.7s,
drilling at $3.50 feet.
No. /. Tract K. section T-ss-7s; drii.
ing in at 1850 feet.
No. IL. section 1-ss.7s. testing cas-
Ing at 1902 feet.
30. 2. Tract o. section 1s-ss-7s;
cleaning out at 2.4so feet.
No. ? Bellvicw OPC. section 3-ss-Te,
drilling at 2.Tsb feet.
No. IL, northwest quarter section
27-4o-1e; testing casing at 2.1so feet,
Rock River.
No, 1 section 27-2o-7si baninx and
swabbing at $3.50 feet.
No. T.. Diamond. section 35-2o-7si
drilling ut 2,1s5 feet.
No. 2. University. section 2s-.o.7s;
drilling at 1856 feet.
No. 2 Trspshooters, section s4-soJ7sI
drilling at 1886 feet
No. s. State land. section 34-2o7s; 90.
mented 15hinch casing at $50 feet.
No. 9, State land, section 34-2o-7S;
rugged at 1866 feet.
Nc. G. Dixon. section s4-2o.7s; drrl.
ing at 2.ss5 feet
No. Z. Dixon, section es-2o-7s; shut
down at zoos feet.
No. g. Dixon. section s4-2o-7s, ce.
mented 1oinch ut 2.037 feet.
Wildcat Tests.
Hidden Dome. No. /. section s1-4s-
90; cemented at 1919 feet
O'Brien Springs. section 2-24-Se;
Carbon county, Wyoming. running
an inch at s.si2 feet.
O'Brien Springs. section 5,24-s6.
Rlut down at 1904 feet.
Eock Springs. cecdon ~1e-16-1o4i
drilling at 2.14o feet.
Mercer Dome. section s3-51-so; run.
ming sxinch at 1.7so feet.
Big Wall. Mont. secnon 2S-1o2e,
~
sidetrackfng casing at 3.7eo feat.
Horseshce, wyo.. section s-3s-s1.
si~derackfng sHinch Mt s.17o feet
Sunburxt, Mont
No. 3. Richard Davey. section t-se-
sw; drilling at $50 feet.
No /. W. A. Barr, section 2-sS-7w
, 1922-07-22

sidetrackfag casing at 3.Tso feet.
Horseshoe, Wyo.. section s-3s-s1.
sidernckfng s43 inch ut s.a7o feet
Sunburxt, Mont
No. 3. Richard Davey. section t-se-
sw; drilling at $50 feet
No 1. w. A. Barr. section 2-sS-2w
drilling at. BIS feet.
No. 1. l. ssndon, section 1-s5-7w;
drilling at o feet.
No. 1. A Swaze. section s4-se-2w
spudding IN.
No. l, o. Harmon. section 7s-se-aw
drilling at 425 feet.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-06-22
Curb Market
BY STUART p. WEST
Copyright 1ez<.'

New York, June 22.-Trading
was slower on the curb exchange
TODAY. Commission houses got
fewer orders and floor traders were
sufficiently puzzled over the I'M
mediate tendency of prices to be
less inclined to assume the COM
nitments. Cities Service issues
were one of the features on the an
nouncement of resumption OF STOCK
dividends. This brought a IL point
advance in the old common STOCK
early in the day which was IoI-
lowed. however, by sharp reaction
later. Transactions in this STOCK
were the largest they have yet
heen since it was traded in on the
Dresent exchange. Cities Service
preferred and the banker shares
also turned upward partially IN LIE
first hour but they came down
again substantially on the proht-
taking.
Oil shares moved within a mar
row range. Standard Oil of New
York and the Indiana and Ken
lucky shares were inclined to sell
off during the greater part OF the
session. Imperial Oil or Canada
Anglo-American and international
Petroleum were also some easier
Mexican Seaboard was again in de-
mand because of the optimistic es-
innate regarding their June pro
/ duction. Omar Oil and Gas dupti-
| Gated its recent high record, antlcl-
pating a favorable outcome Tor Ger
tain litigations in which the COM
pany has been involved. Columbia
! Petroleum was helped by the decla
ration of the regular dividend of
per cent. This is payable July II
to holders of stock OF record june
20.
Tobacco Products shares, wheI
! issued, were among the leaders .
tn miscellaneous list. Theiy ad
dance was based upon statement
seemingly inspired that this year
4 earnings will work out not les
than So a share on the new com
mon. Radio cohmon was soTgh
again but Dubilier held compare
lively steady. The motor groul
was disposed to sag off.
Mining stocks were active wit
low priced issues in the lead. In
dependence Lead was bought o.
the word that rich ore shoot ma
be opened in the mine at any time
Bonds were stronger on the lower
ing of the New York Federal Re
I serve discount rate.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-06-22
Bond Market
BIT STUART p. WEST
Copyright 1eSzD

New York, June 22.-tnited
States government bonds we're
buoyant today in response to the
New York Federal Reserve Boards
reduction of the rediscount ate
from 1-2 to A percent Liberty
bond issues were all at new tops
and dealings in this quarter OF the
list were particularly heavy. the
lowering of the rediscount figures
was no surprise and the recent puy-
ing of the libertys~. had evidently
been in anticipa ton of the ooard
action. Foreign government loans
were featureless.
Trading increased too IN the To-"
priced railway section. where gains
of a fraction to a point or more
were numerous. St. Louis and San
Francisco incomes, Erie iirst CON
soIidated fours, and Eeaboard AR
line issues we're examples of this
inward movement Chesapeake
and Ohio convertible SIS were an
interesting incident. These Dohus
were bid up sharply over TWO
points higher than their final quo
tations on Wednesday New forK
Central debenture 6's and other is
sues were strong and actlve-
Louisville and Nashville IL 5
also were typical of the firmer ten
dency among the standard railway
bonds. Baltimore and Ohio gold
As on the other hand, encountered
some selling.
In the Industrial section there
was another drop in the prices oil
Marland Oil 6's and rs Consoil-
dated Gas rs again dropped to 10
GeneaI Electric SIS were strong,
Barnsdali Corporation sinking FUND
SIS lost about point and the chem
ical issues were soft. Greater New
York Traction securities did llttie
The syndicate in charge OF the
sS,OS5.O Chicago. Milwaukee q
St. Paul railway company equip
ment trust 5 percent gold certlfi-
Gates series A, reported the early
sale of the bonds. The volume OF
new financing today was consider
ably below the average for the weeB
so far.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-06-22
DruGoods Market
81 STUART T.. NES1
Copyright. lJ32J

New York, June 22-Print cloths
constructions exhibited the most
activity in the drygoods market to-
mills are disinclined to sell for de-
livery beyond this month at pres
ent levels. Sheetings while not so
active were firm, especially for the
heavier goods. Tire fabrics were
fairly active with some of the tire
manufa cturers taking sizeable lots.
There was d fair amount of bust
ness done in pajama checks and
sateens.
The raw silk market was strong
in reflection of the steadiness re-
ported in Yokohoma. There was
some buying by hosiery manufac-
turers in evidence.
WOOL.
Boston, June 22-The wool mar
ket was somewhat inactive today
although prices were well main
tanned Slight recessions in prices
on the western ranges have not af-
fected the figures here. Many
wooden manufacturers are planning
a late opening of their lines fol
next spring and this has affected
| the volume of trading to some eX
, tent Some purchasing for Ameri
/ can account was reported from
London. The Ohio clips showed
some activity especially for the
| finer grades.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-06-22
FINANCIAL NOTES

The American Refrigerator today
declared the regular quarterly diVi-
dend of 81 a share on common stock
and S1.75 on the preferred. The
common dividend is payable Sept.
80 to stock of record Sept. 15. The
preferred payments will be Aug.
Is to stock of record Aug. l.
The British coal output for the
week ending June 10 was 2,6S1,SO0
tons. which is the lowest amount
for any week since the strike, a
year ago.
The regular quarterly dividend on
Austin Nichols preferred stock Of
liz per cent was declared today. IL
is payable Aug. l to stock OF record
July l.
II was anndunced today that the
Maxwell Motor company expected
j to turn out 1000 cars next year.
: The company now has maximum
capacity of $500 a month.
The production of the H. H.
Franklin Manufacturing company
this month is running so per cent
better than in any previous June.
4 Practically the entire output, of the
| factory up to Aug. l is sold.
! The Columbia Gas and Electric
: company declared the regular -olvi-
dend of $3.50, payable Aug. 10 to
stock Of record July 81.
! The Cities Service company an
nouneed a plan for the payment OF
dividends in cash on the preferred
stock beginning Sept. l and OH
preference B shares beginning Oct
aIny Mt nj
issued for those stocks.
! The Public Service corporation
Of New Jersey for the year ending
( May 81 reports gross earnings of its
subsidiaries of $I6,067,S74. This
was a gain of S791 ,Ss3 over the pre-
vious year.
The Nash Motors company de-
clared a dividend of S. a share or
the common stock. payable Aug.
to stock of record July 20. A divi'
dend of $40 was paid on the COM
mon Feb. l, last.
The Illinois Central railroad cal
loadings for the first half of june
were S9,S4S cars. This compare:
with S4,50S for the first hale o.
May
Crude oil production of the weel
ending June II averaged 1,445, 00'
barrels daily, a decrease of Is, 400
daily from the average of the pre-
vious week.
The Warner Sugar Refining com
pany has advanced the price of re
fined 90 points to $40 cents .
pound and continues withdrawing
from the market.
The gross revenue of the New
York Central for May was abou
i two per cent under those for Ma.
last year. Traffic has been stead
lily expanding except in coal.
The Corn Products big plant a
Edgewater, N. j., has resumed ep
erations after a shutdown.
Coffee was quoted: July, 1910
September, 1902; December, 9.s2
i March, $50. Ray sugar: July
S.11; Sept. $50; December. s42
March. 3.35. Refined sugar: july
September and December. $50.