The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, February 06, 1922, Image 11

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The Rock Island Argus and daily union., February 06, 1922, Page 11, Image 11
About The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923

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The Rock Island Argus and daily union. (Rock Island, Ill.), 06 Feb. 1922. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn92053933/1922-02-06/ed-1/seq-11/>

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ACTIVE STOCKS
INDICATE END
OF DEPRESSION
BT STUART P. "WEST. -York.
Feb. C. There was
f - -
'Atllift change in the price list dur
U th mater part of the session
M the stock exchange today. A
tnrther and quite impressive re-
,.ry was recorded in the wheat
.rkt and there was fairly gen-
ml strength in bonds. The for
agn exchanges, however, suffered
g partial reaction. The proceed
ing in the stock market attracted
the greatest interest. The renewal
of upheaval movement in a very
broad way overthrew whatever idea
ttier may have been that last
week's rise was 'a highly specula
te movement and was not repre-
ientative or soua juagment regara
, jj. the business outlook. Had the
- tdrance simply been due to profes-
ihmai manipulation against a short
interest, it would nave stoppea tar
a hort of the results accomplished
Itoday. The market, with its in
j creasing activity, new high prices,
. ind obviously widening interest.
vis registering the conviction that
the next period in the recovery
from the great business depression
ef 1920 and 1921 is not far away.
,- The rise in the exchanges was
- halted, temporarily at least. This
iu quite natural after the uninler
i'c rapted advance of 10 cents in the
t pound for sterling within a fort
, night. A movement of this magni--
tude implied attractive profits for
a large speculative figure here and
, on the other side, and it was proflt
' taking and not any development in
' the international situation which
influenced the sterling market to
1 day. Continental exchanges were
. sympathetically easier, but it was
..! again the promise of increasing for
1 eign demand, however, held-out by
J. the recent improvement in ex-
change rates which was mainly re-
sponsible for the strength in the
. wheat market. At the saaie time
.1 that the prospective demand has
;T been enlarged, the indications of
, reduced supply both in the coun
,. try and in Argentine has been em
pbasized. There was no question that pub
4 lie participation was on the increase
w. in the stock market, although most
'I'... of the inspiration continued to come
""era. This showed in a larger vol
'ume of business and In a be titer
'sustained upward tendency of
prices. The familiar bidding up of
one set of stocks after another was
again the main characteristic. In
this way leadership was assumed
at various stages by the motor
'. stocks, the shipping stocks, the oils
ttd equipments. Many of these
went through their best prices of
' the year. Along with them a aiis
' cellaneona array of specialties were
taken up, among them Cast Iron
Pipe, common and preferred, Co
lumbia Gas, Great Northern Ore,
the shares of the companies doing
a mercantile and chain business,
the motor accessory stocks and the
tire shares.
In the late trading rail shares
had their turn. The demand for
the New Haven issues was one of
the chief incidents of the day's
bond market and New Haven stocks
among the leaders of the advance
ia the railway share list.
Curb Market
BT STUART P. WEST
(Copyright. 1323.
Wall Street, New York, Feb. 6.
Motor shares were the leaders on
the curb exchange today. Houses
with western connections had
heavy selling orders in Lincoln Mo
tors at the opening, which caused a
sharp drop of nearly two points,
from five to 3. This selling was
based partly on the fact that the
news of the purchase by the Ford
.interests had spent its effect and
partly upon the fear that there
might be a reorganization of the
company that would have a drastic
effect for present shareholders.
Cleveland Motors appeared to be
rather scarce around current
prices, and a small demand sufficed
to cause a fair advance,
Kirby Petroleum headed the oil
stocks on the announcement that
the Harris number 5 well had been
brought in with a capacity of 7,000
barrels per day. Hudson Company
preferred continued to reflect the
very favorable annual report of the
Hudson and Manhattan railroad,
large amounts of the preferred
stock which is owned by the Hud
.son Company.
The recent favorites were more
er less neglected. There was less
activity in the radio shares and
Cnited Profit Sharing and R. J.
Reynolds were quiet and about un
changed. Tobacco Products ex
ports, however, was in fair de
mand and rose a fraction. Philip
Morris advanced in the initial deal
togs, but met realizing sales axd re
acted. Intercontinental Rubber was
irregular and there was selling in
Glen Alden. which caused a sharp
fractional decline.
Standard Oil of Indiana' was
slightly higher. Announcement was
ade of the declaration of the rega
lar quarterly dividend of U a share.
There was. more activity In the Cit
ies Service issues. The old com
mon was Arm and higher. Pennock
neld steady and a firm tone was dis
played. Interest in the bond market was
niainly centered In the new Great
Northern 6s which were traded
Ja after the subscription books had
been closed. After a substantial
avance there was an easier tend
ncy on proflt taking by traders.
Mining shares were Irregular.
Magma was lightly lower while a
steady tone was shown In some of
the low priced shares which had
been under pressure recently, in
cluding Boston and Montana and
Eureka Croesus.
New Yorlf Suar. .
New York, Feb. 6. Raw sugar,
; . firmer with Cnba's at 2 3-32, cost
and freight equal to 3.70 for cen
H. trifagal, an advance of 1-3J cents.
, Refined. 5.005.10 for fine granulated.
WALL STREET FEATURES
Bt S TOAST T. WIST (COPTXIGHT. IBM.)
POOLS ACTTYK AGADC. 1
Fool operations were more con-1
fldent today. Predictions of a re-1
action heard so- freely a week ago, I
had not been borne out, and pro-j
f essional Wall Street having missed
its market on the long side and lost
money on the short side, was next
recuperate, so it was an easy mat
ter for any group of working indi
viduals to attract a following;. The
day was given to a aeries of these '
special movements superseding one I
anotner rapidly. Both Chandler
and Stndebaker made new high rec
ords, still responding to -the very
optimistic estimate of their earn
ings for the current year. The buy
ing in these motors finally extended
to the motor accessory and the tire
stocks, which for some time past !
have been lagging behind. Martin j
Perry was the leader of the motor '
accessories, and Kelly Springfield
and Goodrich of the tire shares.
United States Rubber went along,
too. The impression has been that
rubber's annual report will show a
heavy loss, but in its present mood.
jthe market is ignoring deficits
where it feels that theee represent
the situation at its worst.
OUTED STATES' CAST IKOX
PIPE. i
United States Cast Iron Pipe!
common was one of the lower j
priced issues to get into new high!
ground for the year. It moved for-;
ward rather sharply once it got !
through its old High point of 2L.1
The pipe making industry suffered !
quite a slump in business during 1
last year and the year before as
municipalities were not doing any
building. The cast iron pipe com
pany depends for the greater part
of its business on building opera
tions. It is not one of the com
panies which has a good oil trade.
Now that building operations are
in progress, cast iron pipe Is get
ting is share of the business and
Profits are once mora rnminir in.
Cast iron pipe preferred is now on
a $5 dividend basis and this divi
dend is non-cumulative. The pre
ferred Is entitled to $7 annually
and once this rate is declared on
the senior issue, the common nat
urally falls i line for dividends.
EQriparejiT stocks.
Thft Rtrctnt rnnMnnMl vnrv rtulliafe
on the equipment stocks, particu
larly Haldwin Locomotive. The
leading brokers' letters sent out
this morning were predicting con
siderably higher prices in the near!
I future. There was nothing, how
ever, to add to last week's informa-i
Chicago Stocks
High.
Amer. Radiator. . 83
Amer. Shipbldg. . 88
Armour & Co, pfd 954
Arm. Leather 12
Ar. Leather, pfd.. 93
Beaverboard 63
Beaverboard, pfd. 24
C. C. & C. Kys...
C. C. & C. Ry. pfd. 5
Chi. Evd. Ry, pfd. 1
Cudahy 56
C'm'nw'lth Edis'n 115
Continental Mot.. 5
Deere & Co., pfd.. 61
Earl Motors 3U
Earl Motors, pfd. 20
Gr. Lakes Dredge 106
Hupp Motor .... 14
Inland Steel .... 50
Illinois Brick .. 57
Libby-McNeil ... 5
Midw'st prior lien 85
Midwest Util. ... 31
Low. Close.
82 8:;
95 95
6 6
6 5
114. 115
5 57.
60 60
3 3
103 103
13 13
56 57
5 5
84 85
31 31
4 4
14 14
3 '2
23 24
36 38
63 63
2S 29
100 101
20 20
42 42
46 47
28 39
66 67
107 108
59 60 V
Midw'st Util., pfd. 60
(Mitchell Motors.. 4
M'ntgomery-Ward 148
au caron, pta..
Nat Leather ... 2
Nat. Leather, new 10
Orpheum Circuit. 16
Pick & Co. 25
! Piggly Wiggly 'A' 38
Public Service .. 81
Public Servce pfd 82
Quaker Oats 157
Sears-Roebuck .. 63
Stewart-Warner . 29
Swift & Co 101
Swift Intl 20
Thompson (J. R.) 42
Union Carbide &
Carbon 47
Un. Lite & Ry. . . 39
United Iron Wks 98
Wahl 6S
Wrigley 108
Yellow Taxi 61
PERIOD IS PUT
ON HISTORIC
ARPSPARLEY
(Continued from First Page.)
gates remaining in Washington,
followed the Chinese and finished
signing the treaties and the supple
ments in which France is concern
ed, at 10:38 a. m.
Senator Schanzer, Ambassador
Ricci and Senator Albertini, for
Italy, had four treaties but no sup
plements to sign. They completed
at 10:42 a. m.
Boar Grru Japs.
To the accompaniment of a roar
of applause the three Japanese
delegates filed around to the table.
Baron Kato signed first finishing
at 10:44. Baron Shidehara and
Vice Foreign Minister Hanlhara
followed, each signing his name to
all five documents.
President Harding arrived while
the Japanese were signing, but
waited in a cloak room for the
ceremony to be completed. Minis
ter De Beaufort and Jonkheer Van
Blokland, the two delegates of The
Netherlands, finished signing at
10:49 a. m. Their government was
party only to the two Far Eastern
treaties.
Count D'Alte and Captain Tas
concellos, the Portuguese delegates,
also had but two treaties to sign
and they finished at 10:50. That
ended the signing.
President Harding then entered
the hall a minute later. Audience
and delegates rose and applauded
for halt a minute, while the presi
dent bowed his appreciation to all
sides. Without an introduction
the president began reading his
address.
tlon, that the present campaign In
the stock Is based upon the forth
coming annual report whfch is ex
pected to show earnings of over $20
a share, with the 130,000,000 item of
bank loans at the close of 1920
nearly if not quite eliminated.
American Locomotive, American
Car and Foundry, and New York
Air Brake were all talked of, but
as followers of the Baldwin move,
rather than co-leaders. Pullman
company's stock, continued its re
markable advance, although in its
case the movement was apparent
ly exaggerated by the driving in of
a stubborn short interest. Taking
into account the various capital in
creases, Pullman s earnings as
compared with dividend distribu
tion, have been nothing extraordi
nary. UiTERXATIOXAL MERCANTILE
JHAUISE.
International Mercantile Marine
preferred got across 70 today for
the first time in months. The situ
ation in marine has been gradually
improving and officials of the com
pany now report that the corner
has been sharply turned. During
the time that traffic has been quiet
since the end of the. war, the com
pany has gone right along adding
to its tonnage and this will pass
the 500,000 figure in May when sev
eral new ships will be commission
ed. Of this 500,000 tons, 330.000
tons will be under the White Star
flag and the remainder under those
of the lied Star, Leyland and Amer
ican lines. Officials of the com
pany are looking for the coming
summer to be a record one for
ocean travel from America. The
earnings of the company last year
were much better than anyone was
led to suspect according to those in
a position to know.
WEBER & HKILBROSER.
Weber & Heitbroner followed in
the wake of the other mercantile
stocks such as Cluett Peabody,
Manhattan 6hirt, May Department
Stores, Kreege and Wool worth to
day and moved forward sharply for
a time. Weber & Heilhroner has
passed through the same sort of
a readjustment period that the oth
er companies in its group have
passed through, and it is now re
ported to be showing very good
profits despite the fact that it must
be a larger gross in order to do so.
Dividends have been paid all
through the bad times and the gos
sip is now that .with business more
settled there is a chance that the
dividend rate may be Increased.
New York Stocks
American Beet Sugar 36'i
American Can 37 Ts
American Car & Foundry 148
American Locomitive 108
Americas Smelting & Refin... 46
American Sumatra Tobacco. .. 28
American T. & T 118
Anaconda Copper 48
Atchison ' 96
Baldwin Locomotive 102
Baltimore & Ohio 35
Bethlehem Steel "B" 62
Central Leather , 38
Chesapeake & Ohio 56
Chicago, Mil. & St Paul 19
Corn Products 103
Crucible Steel 62
General Motors 9
Great Northern Ore Crtfs 35
Goodrich Co 36
Int. Mer. Marine prfd 70
International Paper 49
Kennecott Copper 28
Mexican Petroleum 115
New Tork Central 76
Norfolk & Western 100
Northern Pacific 78
Pure Oil Co 35
Pennsylvania 34
Reading 74
RepubUc Iron & Steel 53
Sinclair Consol. Oil 19Ts
Southern Pacific 82
Southern Railway 19
Stndebaker Corporation 93
Texas Co 45
Tobacco Products 63
Union Pacific 129
United States Rubber 55
United States Steel 87
Utah Copper . 63
Westinghouse Electric 53
Willys Overland 5
C , R. I. & P 33
Illinois Central 101
People's Gas 70
Standard Oil of N. J 115
New York Money.
New York, Feb. 6. Call money,
firm; high, 5; low, 5; ruling rate,
5: closing bid, 4; offered at 5;
last loan, 5.
Call loans, against acceptances,
4 per cent.
Time loans, firm; 60 days, 45;
six months, 45 per .cent.
Prime cercantile paper, 45
per cent
Silver.
New . York, Feb. 6. Foreign bar
silver, .66; Mexican dollars, .58.
Foreign Exchange.
New York, Feb. 6. Foreign ex
Change, irregular.
Great Britain: demand, 4.32;
cables, 4.32.
France: demand, 8.39.
Italy: demand, 4.67.
Belgium: demand, 8.05.
Germany: demand, .49.
Holland: demand, 37.22.
Norway: demand, 16.25.
Sweden: demand, 25.78.
Denmark: demand, 20.33.
Switterland: demand, 19.59.
Spain: demand, 15.27.
Greece: demand, 4.45.
Poland: demand, .03.
Czechoslovakia: demand. 19.20.
Argentine: demand, 35.87.
Brazil: demand, 13.12.
Montreal: .95.
Weather Forecast
J
Illinois: Generally fair tonight
and Tuesday; colder tonight.
Iowa: Fair tonight; colder In
southeast portion: Tuesday fair
with rising temperature." .
Missouri: Fair tonight and Tues
day; colder in east and south por
tion tonight; w"mer In northwest
portion Tuesday.
Wisconsin: Unsettled tonight: !
colder in east and north portions
Tuesday fair; warmer in west and j
ccatnu poraaas.
MONDAYTHE ROCK ISLAND ARGUS FSBRUARY 6, 1922.
Bond Market
BT STUART P. WEST
(Copyright. 1B2J1
Wall Street, New York, Feb. 6.
Trading In bonds on the stock ex
change today was moderately ac
tive, and prices as a whole moved
slightly higher. Liberty bnds
continued to sag, whilo the foreign
government issues did better. Unit
ed Kingdom 5s of 1922 were a
feature at a new high level. French
Municipals and Mexican bonds were
particularly favored, and the. Chi
nese is gained about half a point
Low priced rails, including the
New Haven debenture 6s and New
York, Westchester and Boston
4s were especially strong. These
two maturities like the Frisco in
come 6s, made- fresh tops for the
current move. Tractions also were
firm. The Missouri, Kansas and
Texas bonds gained ground, and
Big Four 6s and New York Cen
tral debenture 4s of 1934 both went
up about a point
Cuba Cane Sugar 7s were again a
feature above 77, and Realty 5s,
Rubber 5s, and the Public Utility
bonds were strong. Portland Rail
way and Lifet advanced nearly
three points to a record high.
New York. Feb. 6. Representa
tives of the New York group of
banking' houses and dealers" re
sponsible for the cale of the new
$75,000,000 ten-twenty federal land
bank 5 per cent bonds reported to
day that the demand for them was
very satisfactory. Because of the
wide distribution of the bonds, ac
tual figures of the amount sold were
unavailable. The offering price of
the issue was 102 and interest to
yield approximately 4.70 per cent
to the redeemable date Nov. 1,
1931 and 5 per cent thereafter to re
demption of maturity. The syndi
cate handling the lon ia headed by
Alexander Brown and Sons of Bali
mpre and includes Harris, Forbes
and company, Brown Bros and com
pany. Lee Higginson and company,
the National City company and the
Guarantee company of New York.
' The entire $30,000,000 Great
Northern Railway company 5 per
cent first mortgage loan was sub
scribed almost as soon as the books
were opened today. The bonds are
to run for 30 years, are non-callable
and constitute a general mortgage
of the company. The offering price
was 96 at which the bonds yield
5.75 per cent. They were admitted
to trading on the curb exchange
with an initial sale of 96 and soon
sold above 97.
Blythe, Witter and company to
day offered $1,000,000 Sierra and
San Francisco Power company first
mortgage 5 per cent bonds, due
1949, at 86 and interest to yield
about 6.05 per cent.
The terms of the proposed $50,
000,000 loan to Peru by American
bankers is expected.
Liberty Bonds
High.
95.20
95.70
95.76
96.30
9S.10
96.08
95.88
Low. Close.
95.06 95.20
Lib.
Lib.
Lib.
Lib.
Lib.
Lib.
Lib.
Lib.
Lib.
Lib.
Lib.
Vic.
Vic.
Vic.
3s
1st 4s, R .
2nd 4s ...
1st 4s ..
l-2d 4s.
2d 4 ...
2d 4 3, R
3rd 4s .
96.02 9S.10
95.82"
95.72
97.00
96.94
95.92
95.90
100.20
100.10
100.22
' 96.08
95.72
97.19
97.00
96.10
95.90
100.24
100.10
100.22
. . 97.18
R 87.10
3rd 4s,
4th 4s .. 96 28
4th 4s, R. 96.12
4s 100.24
4s, R ...100.18
3s 100.24
Dry Goods Market
BT STUART P. WIST
(Copyright, luzx.t
New York, Feb. 6. The volume
of trade in drygoods was larger to
day but uncertainty as to the labor
situation still was a noticeable fac
tor. Buying was generally for im
mediate requirements in gray
goods. Print cloth prices were
about unchanged for the more pop
ular constructions but holders
showed no disposition to make con
cessions. Bag manufacturers were
in the market for 40 square, 5.30
yard sheetings. Goods of this
character for nearby delivery were
said to be scarce. Some brown
sheetings were bought for export.
There was also some small buying
in wash fabrics.
There was a firmer tendency in
manufactured silk goods, reflecting
the strength in raw silks here and
in Yokohoma and Canton, but
prices have not advanced mate
rially in the finished products.
More workmen were taken in Pat
erson, N. J., however at some mills.
The Best In
I Spencer Square
EE The Picture That Ts Breaking AH Records Xow Playing:
This is a Super Pieture it Contains-'
Thrills Suspense Romance Beauty
One of the Greatest Modern Up-to-the-minute Lore Stories
SPECIAL ATTRACTION
The only Motion Picture Ever Taken of the late Pope genedict XV
Showing Scenes which Millions
Hare Journeyed to Rome to See,
Most of Them in Vain.
Special Prices: 33c, 22c, 10c
The Feature Starts 1:45, 4:X0, 7:00, .-00
1 lilillUIUmUIHliUlllIIIillHIUIUIIIJIUUUlillillllillllilll
CATTLE SLOW;
NOGS HIGHER;
LAMBS STEADY
(By Consolidated Press.)
"! TJ. S. Yards, Chicago, Feb. 6 Hog
run was not Urge today, and values
were higher. In the sheep ho tide
the trade was not active notwith
standing the fact that the supply
was small. Receints of livestock
for the local yards today were esti
mated at zi.000 cattle; 51,000 hogs;
14.000 sheep and lambs, and 3,000
calves.
Cattle.
Cattle trade was slow even for
the best steers after a late start,
and most of the deals were off 25c
from the close of last week. Some
heavy steers sold at $9.00, but few
were good enough to reach above
$8.00. Cows and heifers also show
Id a decline of 25c in some spots,
while canners held nearly steady.
Bulls were again weak, while calves
were down 25c, with few to pack
ers at $11.00.
Hoes.
Hogs sold mostly 1015c higher
from the start, but some of the later
sales were up 20c. At the close of
the market sellers again had to
cut values. The top of the trade
was placed at $9.85, while few
rough packing hogs sold below
$7.75. Shippers were fair buyers
after a slow start
Sheep.
Lambs sold mostly steady. Choice
lots went over at $14.00, while fa'r
quality stuff made $13.0013.25.
Some lambs went to shearers at
$13.00. Aged muttons also were
about steady. Some choice animals
sold strong, but best ewes went at
$7.50.
Kansas City Livestock.
Kansas City, Mo., Feb. 6. Cattle
Receipts, 16,000; quality, plain;
beef steers, stockers and feeders,
steady to 25c lower; early sales
calves weak to unevenly lower,
with quality poorest of the season;
best vealers 9.00 S. 50; many other
calves, 3.503.75; good medium
weight stags, 6.00; inferior western
bulls, 3.00; good heifers, 6.00G.50;
medium to good cows, 4.255.00.
Hogs Receipts, 13,000; fairly
active; bulk lighter weights to
shippers, 10 to 20 cents higher than
last week's close; packers fairly
liberal buyers on weightier kind
10 to 15c higher; spots more;
weakening on close; bulk best 170
190 pounders 9.109.20; few at
9.25; 200250 pounders, mostly to
packers, 8.80(9.00; bulk of sales,
8.759.20; packer top, 9.00; pack
ing sows mostly 7.00 7.25; stock
pigs up to 9.00.
Sheep Receipts, 6,000; sheep,
steady; wethers up to 8.25; lambs
and yearlings, strong to 25c higher;
best, lambs, 13.75; 80 pound year
lings, 12.25.
Toledo Seed
Toledo, Ohio, Feb. 6. Clover
seed; prime, cash and February,
14.35; March, 14.43; April, 13.40.
Timothy: Prime, cash and Feb
ruary, 3.27; March, 3.35.
Chicago Produce.
Chicago, Feb. 6. Butter, easy;
creamery extras 36; firsts 3035;
seconds 272S: standards 34.
Eggs, unchanged; receipts 9,543
cases; firsts 37; ordinary firsts 31
(o 'A'-i; miscellaneous 3536.
Chicago Potatoes.-
Chicago, Feb. 6. Potatoes, weak:
receipts, 116 cars; total United
States shipments, 686 cars; Wis
consin sacked round whites, 1.70
1.S0 per hundredweight; Michigan
bulk round whites, 1.902.10 per
hundredweight; Minnesota sacked
round whites, 1.65 1.75 per hun
dredweight ; Colorado sacked brown
beauties, some frozen, 2.002.15
per hundredweight
A New York theatre has fitted up
a smoking room for women.
RIALTO
THEATRE.
621 9th St.
Today and Tuesday
THE MECHANICAL DOLL
Vaudeville Act
Is It a Man or What Is It!
Today's Picture
WX. FARMS in
VYHEX A MA SEES RED"
Motion Picture
PRODUCTION
Saturday
night
immmmnnnmimj
iiuuHiimuHiwimr
CHICAGO
(By the Associated Press.)
Wheat May '......
Jnly
Corn May
July
Oats May
July
Pork May
Lard March
MT ..,
Ribs May
July
Live Stock
Chicago Livestock. .
Chicago, Feb. 6. Cattle: receipts
21,000; market slow, few early
sales beef steers weak to 25 cents
lower; balk beef steers 6.657.65;
she-stock and bulls slow, weak:
veal calves 25c lower; stockers ami
feeders about steady.
Hogs: receipts 51,000; 10 to 20
cents higher than Saturday's aver
age; light weights active and up
most; others siowr big packers
holding back; top 9.S5 on 150 to
ISO pound hogs; 9.65 on 2;;0 pound
average; bulk 9.00&9.50; pigs 15 to
25 cents higher; bulk desirable
9.65:9.75 and a few at 9.80.
Sheep: receipts 14,000; slow,
about steady; choice fat lambs, to
city butchers (early) 14.00; few
medium to good packers 13.50s
13.75; ewe top (early) 7.50; shear
ing lambs 13.00; some held higher.
Prices for livoutock in Chicago Satur
day wtre:
Bon.
Bulk of sas $S.70S 9.53
Hcary batchers b ."( 8.10
Butchers, m)ig2j0 Ibo y.li.iw 9.65
Heavy and mixed packing- - b.O0fc 8.85
Rouifh. and heavy packing. . 7.75 t& 7.U5
Medium weights S.BQitf .1S
Light bacon. Ifn)tl90 lbs.. 9.40 b.7U
Selected. 10 it 155 lbs y.6
Light mixed. 146rlj lbs.. 9."!t O.iSO
Pls. 8U(al& lbs 7.2jjB 9.60
Stars, sub.'ect to doekag? . . . 5.0u hs .5 -SO
Cattle.
Prime steers. 1 .500 1 .500 . . 8 fi'i Q 9.33
Good to choice, LIDO' 1.5O0. 7.3o S.S?
Poor to good. 90Uel.40O.. 5.75M 7.75
Low grade lulling steers 3 75m1 5.65
Bulk of fat steers 6.40 M 8.35
Yearlings. 700 fe! 1,1 50 lbs. .. 7.50tt 9.50
Fat coa and heifers 3.0IIU 8.50
Canning cows and heifers.. 2.'5& 3.bu
Poor to choice bulls 7.00
Slo-ker and feeders 4.75 s 73
Poor to fancy calves 7.00 w 12.25
bheep lid Lamb.
Western lambs .10.754? 14-10
Native lambs 1 1.0Ufe-l:i.?
Lambs, poor to best culls.. 9.5(ril0.5J
Yearlings, all grades 10. 00 1.7.
Feeding lambs 11.00 4t 12.50
Wethers, poor to best 7.25'a 9.25
fcwes. poor to best 3.75 nt 7-5U
Bucks il.oou 3.7a
Horses and Mules.
East St Louis, 111., Feb. 6.
Horses: good to choice draft, 150
175; Eastern chunks, $50;g)90;
choice southern horses, $50S0.
Mules: 16 to 17 hands, $150
200; 15Vs to 16 hands, $135165;
14 to 15 hands, $60&90.
Peoria Livestock.
Peoria, 111., Feb. 6. Hogs, re
ceipts 1,000; 15c to 20c higher; top
9.50; lights and mediums 9.25p.j
9.50: heavies 8.759.30; packers i
7.007.75. j
Cattle, receipts 100; steady to j
weak; calves lower; top calf price
10.50.
Game and dominoes originated in
the sixteenth century, among ths
Benedictine monks.
KOW PLAY FN i
MLLE. MARIONNE
With Stone's Soelty Boys E
and i sooei urar ia
THE I
SYNCOPATED 1
STUDIO I
Fir Other Orpheum Acts j
1 1
COMING THl'ESDAT
The Sharrocks in
"BEHIND THE
GRAND STAND" j
UlIHIIIIIIllllilllllUlllllllIllllllllllIIUlj.
UAJESTI
Ml H WaII Vontilatod
M "Cozy Sanitary
fit Last Time Tonisrht
COSW.U TEAKLe in
THE JLAX OK STOSE"
Also Ben Turpi Comedy
10c
Tomorrow
Jack Lourion'ft
THE LITTLE FOOL"
Also
HAROLD LLOYD in
Ml
It
MMBER PLEASE"
rr imrtw in-
AMERICAN THEATRE
1819 Second Ave.
j EE Special . Today 'fomorow
I IU -KOSE OF THE WEST
! EE See the thrilling Canadian
: EE north mounted police.
THE SOAXCra BATHTUB"
A Sunabtrje comedy
EE Tm. Fox productions
: j
iiAHj.M'unr ja
3
PAny
Seat
n
I
I
I
FUTURES
1-25
!l.us
5
as 14
.3914
40
10.37
10.60
10.02
10.12
Open.
1 25
1.09
.56
.58
.39
.40
10.42
10.62
10.02
Mica
128
1.11
Low.
1.25
1.09
.56
.58
.39
.40
Close.
1.2S
1.10
.58
.60
.40
.41
19.00
10.47
10.72
10.05
10.18
.58
.61
.40
.41
ioio
10.75
10.10
10.42
10.62
10 00
Grain
Chicago Cash Grain.
Chicago, Feb. .
WHEAT.
No. 3 red. 17(fl.28.
No. 2 hard, 1.2241.26V.
No. 3 hard, 1.204i 1.20Vi
CORN. .No. 2 mixed, 62Ts4i53i.
No. 3 mixed, 511i52U.
No. 4 mixed. 50ii51.
No. 2 weliow, 52 8453V,; No. 3
yellow, 51 5214.
No. 4 yellow, 60r51V4-
No. 2 white, 525314.
No. 3 white, 5152V.
No. 4 white, 50Vst-51.
OATS.
No. 2 white. 38Vi39ti.
No. 3 white, 3436.
No. 4 white. 344Ci 35H.
OTHER GRAINS.
Rye: ISO. 2, S990.
Barley: 5666.
Timothy seed: 5.00(7.0).
Clover seed: 12.0022.00.
Pork: nominal.
Lard: 10:37.
Ribs: 9.50 10.50.
Peoria Cash Grain.
Peoria, III., Feb. 6. Corn, re
ceipts 156 cars; lc to 2c higher;
No. 3 white 51; No. 3 yellow 50Vi
51; No. 4 yellow 491.A; No. 5 yellow
49: No. 4 mixed 49 i.
Oats, receipts 19 cars; lie to c
higher; No. 2 white 37; No. 3 white
35.
Sansas City Cash Grain.
Kansas Citv, Mo., Feb. 6. Cash
wheat: No. 2 hard, 1.30(81.33; No.
2 red, 1.25.
Corn: .to. 2 white, 848; No.
2 vellow, 4848Vi.
Oats: No. 2 white, 35'.36&;
No. 3 mixed, 35.
Hay: Unchanged; choice alfalfa,
23.5024.50; -No. 1 prairie, 9.50SJ)
11.00; No. 1 timothy, 13.5o14.5o;
No. 1 clover, 13.00S14.00.
St. Louis Cash Grain.
St. Louis, Mo., Feb. 6. Wheat
No. 2 red, 1.29fe'1.31; No. 3, 1.27
1.29.
Corn No. 2 white. 52; No. 3,
51.
Oats No. 2 white, 3637;
No. 3, 36.436.
St. Loui3 Futures.
St. Louis, Mo.. Feb. 6. Wheat
May 1.244 ; July 1.07.
Corn May 56.; July, 59.
Oats 41; July, 42.
l- t: rvi rr I t I
: &vffl
: tA
m 29 NorK jscjn ?r
1 II i
m
,r1 A
IE!
1 '"'wl"
IX
WHEAT PRICES
IN SHARP RISE;
CORN, OATS UP
Chicago, Feb. 6 (Rv Consolidat
ed Press.) Wheat had a sharp up
ward moTement today. T!fe bull
factor was the strength ia foreign
markets, Liverpool rpot wheat
closing 1 pence higher and futures
2 pence up after an opci:i5
which was unchanged to t priiie
up. Buenos Aires opened l'tc
higher. The buying power w
broad and despite the heavy profit
taking by longs, prices eas4 off
little from top levels. The visible
supply showed a reduction of
1.591,000 bushels, which was en
couraging to the bulis. Cash whe3t
was dull and the basis for Eani
winter wheat were as muoh as 2c
mwpr, v.uiie reu was ic lowrr.
Weather iu the aoiyhwest was more
favorable. Seaboard reported
Manitoba wheatfc cepted in eirly
reporta that all wheat offered wa
taken. The bulge in corn prices at
the start was the talk of the trades.
Uuying by cash Louses iu the ab
sence of olTerings forced price to
a level where the sleeping short in
terest was forced to cover on step
loss orders.
The sudden strength in corn U
based more largely on the bvlief
that the country is ho'JinK for
more money and also the feeding
value of corn. Heavy realizing oy
local buyers caused some reaction
and there was some selling on Uio
increase, of 4,049,000 bushels in tUa
visible supply. ChsIi rorn dis
counts were a little wider. Coun
try oiierings to arrive were nior.i
liberal on the advance. Export de
mand was quiet early.
Oats were higher in sympathy
with other grains. There was a
broad commission house demand
early but an increase of 587,000
bushels in the visible supply tnd
ed to dampen the enthusiasm of the
bulla. Cash oats held steady. Ship
ping demand fair.
Provisions were higher early oa
buying by shippers. Commission
houses sold on the upturn.
Wheat closed 2 to 3e higher.
There was a bulge at the finish as
a result of oversold pit conditions
and unfavorable crop reports from
Kansas. May cloee at $1.28 to
, July $1.10?4 to . Corn closed
2V4 to 2 higher. May 5S to s,
July 60 to. Oats were to
1'4 higher, May 40, July l
to .
Pork closed unchanged. Lard 10
to 12c higher and ribs 2c hisrfi
er. Local cash sales were 3.000
bushels of wheat, 156.000 bushels
of corn, including 100,000 bushcU
t8 exporters, 155,000 bushels of
oats and 25,000 bushels of rye to
exporters.
Flour.
Minneapolis, Miun., eb. 6. Hour,
unchanged.
. - ,-" -b
REMEMEER FANNY HURST'S
"HUMORESQUE" THAT WAS
SUCH A HIT IN PICTURES
THAT EVERY PICTURE
PRODUCED SINCE
WITH A MOTHER THEME
WAS ADVERTISED AS
A GREATER PICTURE
THAN "HUMORESQUE"
ALL SPOOFING ASIDE
THIS TIME, FANNY HURST'S
"JUST AROUND THE CORNER"
STARTED A FOUR DAY RUN
SUNDAY AND ACCORDING
TO ALL COMMENTS FROM
THOSE WHO SAW THIS
PICTURE IT IS SOME PICTURE
BEN TURPIN IN 'HIS
LATEST COMEDY IS
ON THE SAME PROGRAM
YES WEDNESDAY IS
THE LAST NIGHT, JUST
THOUGHT YOU'D LIKE TO
KNOW THANK YOU!

The Rock Island Argus and daily union., February 06, 1922, Page 11, Image 11
About The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923

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The Rock Island Argus and daily union., February 06, 1922, Page 11, Image 11 About The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923

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The Rock Island Argus and daily union., February 06, 1922, Page 11, Image 11
About The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923