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El Paso Herald from El Paso, Texas • Page 9

Publication:
El Paso Heraldi
Location:
El Paso, Texas
Issue Date:
Page:
9
Extracted Article Text (OCR)

EL PASO MARKET STOCKS and STAPLES Tuesday, October 17, 1922. 9 New Stock Triples Rockefeller Fortune On Paper CAPITALIZATION OF THREE iCOTTON RISES SELLING! LEADING OIL COMPANIES PREDOMINATES FALLS AGAIN MARKET INCREASED TO $800 STOCK MARKET! UPON REPORTSVERYUNSTEADY1 J. was the predominant New Orleans, Oct. New York, Oct. selling By J.

C. ROYLE. ORK, Oct. Rockefeller fortune probably has been tripled in the last three paper. In the last 10 days the capitalization of three of the principal companies of the Standard Oil group has been increased $800,000,000.

been accompanied by4fc-------------------------------------------------------------- This has involving the distribution of stock dividends ranging irom to 400 percent. However, not one dime actual eoKfa has been added to the which Rockefeller may distributed to his kid friends on his next birthday. The price of gasoline, kerosene, lubricants, fuel oil or other petroleum products will be neither lower nor higher as a result. Only Speculators Gain. Where the actual gain in cash has resulted is in the speculation' which preceded the announcement of the stock dividends and increases in capitalization.

The assets of the companies and of the stockholders remain exactly the same as they were before the Increase In capitalization and the distribution of additional shares. But the prospective earnings, speculative and hypothecating value, will he increased tremendously. However, the laws supply and demand must continue to govern the prices of the Standard Oil products within certain limits, no matter what ie capitalization of the companies involved. Price of Gasoline Cut. In fact, in various sections of the country the price of gasoline has been cut.

Tht; price of crude oil has not risen and probably will not rise until the surplus stocks are reduced and production again brought nearer to consumption. The Insiders undoubtedly knew of the consummation of the plan ncll in advance of the announcement. In each case the original stocks have shot up in price to figures seldom, if ever, approached before. That train to those who held or bought can be measured In cash. The prospective gains from In- dividends on the new stock In the future, from a wider scope of operations through increased capital available, from increased borrowing power and other sources, can only be estimated on paper.

Whether the advances in the prices of the old stock have actually measured the benefits accruing from note most noticeable in prices today of the New York stock This was the statement of L. Overlock, El Paso broker. He also said: were qiftte a few setbacks in prices of some stocks, while others made for high spots among the quotations. Hails were leaders in the i group that were carried along with the upward trend. Some of the utili- i ties also responded to the buying pressure and had their prices ad- cables than due and further rains in the belt caused a rise of 10 to 20 points around the opening of the cotton market today, but these advances almost immediately molted under selling of the same character that was so much in evidence Monday.

of the United States Steel, Baldwin, Studebaker and American and Continental Can shares caused further irregularity during the first hour, but when these offerings had been digested the whole market moved for- splitting the assets of the into a larger number of shares can only be told in the future price move- tioned ments of the new shares when they today, and it is my belief market make their appearance on the mar- Wju continue in this condition for some repeatedly, recently, mentioned this irregularity I speak of At the end of the first half hour oft business prices were 4 to 8 points un- Coppers were unusually active and kets of the world. What It Means. The movement for increased capitalization among the Standard Oil and other large corporations represents the excess earning power of the past, the increase in the actual cash value of the holdings and properties of the corporations, and the possibilities of earnings in the future. A surplus was piled up in some instances, the properties increased through development or acquisition to a point higher than the old authorized capitalisation, and the directors have announced that prospective earninsrs will enable them to sustain the increase in capital stock. The movement began some weeks ago in Standard Oil of Kentucky, which declared a stock dividend of 33 1-3 percent.

The Standard Oil of California then raised its capitalization from Products 000,000 to $250,000,000 and declared a i Crucible stock dividend of 100 percent. 2 Percent Dividend. The Standard Oil of New York followed with an increase from $75.00,000 to $150,000,000 and a dividend of 200 percent. Standard Oil of New Jersey raised its authorized issue from 8175,000,000 to $025,000,000, that stock having risen about 50 points in anticipation of some suck Whether that advance accurately measured, in the esti- nii lion of speculators, the in crossed benefits when each share oi present stock is spilt into five pars only the future can tell. Similar capitalization and dividend action has been taken by other companies, among them National Biscuit and American Radiator, and many corporations are expected to follow suit, but the assets of the companies have not been changed and the prices of their commodities will be unaffected except by the normal influences of production and consumption.

commerce and trade. Copyright, 1922. NEW YORK ACTIVE LIST. American Car American Can American International Corporation. American Smelters American T.

American Woolen Anaconda Atchison Baldwin I B. I Beth. I Butte Superior Can. Calumet Arizona Cent. leather Cerro de Pasco Chino Chandler Chile C.

M. St. Paul I. Coco Cola Cosden Columbia 192 123 101 der Monday's close. December traded up to 22 cents and fell back to 21.72.

Cotton futures opened steady. October. 21.S7; December, 21.95; January, 21.96: March, 21.99; May, 21.91. Creates New Demand. I A new demand of consequence was created when the interior commenced to wire in that the inquiry for spots was ln- creasing and that were finding I only restricted supplies to work on.

A I large spot oncern was said to have cleaned the local market up of its spot offerings and to be making high bids at interior points in both Louisiana and 62 vs Mississippi. Shorts commenced to cover in volume and this greatly increased the demand toward noon, when the trading positions were 50 to 51 points over the close of Monday, with December up to 22.3lc. Galveston Spot Cotton. Galveston, Texas, Oct. spot cotton, steady; middling, $29.50.

New York Spot Cotton. New York, Oct. cotton, steady; middling, J23.00. 141 56 60 4 29 WHEAT PRICES iducts 124 REFLECT DEALS IN LIVERPOOL 88 Gen. Electric 183 Gen.

Motors Goodrich Great North, Inspiration Int. Paper Int. Nickel Keystone Kenneeott Loft. M. K.

com Marlind Oil Marine Marine Miami Mex. Pete Midvale X. Y. Central Nevada Con New Haven Northern Pacfic Pacific Oil Pan-Am. Pete Pan-Am.

Pete Pure Oil Pierce-Arrow Pierce Oil Ray Con SHIPMENTS OF MAKES PLANS CATTLE HEAVY FOR BIG SUGAR THROUGH HERE SHIPMENTS 15 34.. 62 12 1 7 39 61 661 28 Vi 226 100 91 Chicago. Oct. prices for wheat here today during the early dealings resulted from a decline in Liverpool quotations. An increase of the amount of wheat on ocean passage received some notice in this connection, and so too did talk that a setback in the market was to be expected in view of the decided advance in prices of late.

On the downturns, however, commission house buying increased. Initial figures, which ranged from 74c off to He advance, with December 91.11% and May 1.11%, were followed by slight declines all around. Kapidly Advances. Wheat advanced rapidly in value as the market drew to a close. The fact that there was but little for sale, together with covering by shorts, was largely responsible.

strong, apparently in response to the favorable semi-annual earnings statement of the American Smelting company. Ilail Shnres Ip. A broader inquiry also was noted for food, public utility and tobacco issues. Railroad shares quieted down for a time, but started upward again in response to a brisk demand for New York Central, which touched a new high for the year, buying of this stock being attributed to reports of additional financing through a new 7 percent issue of preferred stock. Speculative buyers continued to favor the Mexican oils, Mexican Petroleum advancing to National Biscuit and Postum Cereal were the favorite specialties, establishing a new top price.

Call money opened at 5 percent. Yew 11 is Levels. Renewed buying power appeared in the rail group, Louisville and Nashville establishing a nexv high on a gain of points. Union Pacific i moved up one point and a number of i others scored large fractional advances. Top prices for the year also were established by Atlas Powder, Manhattan Shirt and Wells Fargo Weakness was noted in Atlantic Coast Line, Kresge, American Locomotive and Chandier.

LIVESTOCK IS HELD UP; CARS NOT TO BE HAD With arrangements being made to ship starving cattle from the dry ranges of southern New Mexico and west Texas, railroads here report a heavy shortage of stock cars. Probably the greatest demand for cars is on the El Paso Southwestern railroad, which has orders at present for nearly 2000, according to Richard Warren, division freight agent. Stock Cars Carried Coal. the coal strike all available cars, including stock cars, were used in shipping New Mexico coal to eastern manufacturing said Mr. Warren.

eastern railroads have been slow to return but they are coming back faster than was the case a month ago. In some places stock cars are being used to ship ordinary freight and fruit. demand on our road extends from Carrizozo to Hachita. The grass is short north of Carrizozo, but cattle may get through the winter all Cattle Are Weak. The Texas Pacific railroad has orders for 700 cars, the G.

H. S. "00, and the Southern Pacific, 200. The Rio Grande. El Paso and Santa Pe railroad needs 1100 cars to haul cattle from the ranges between El Paso and Albuquerque and El Paso and Silver City.

The dry area extends from El Paso to Big Spring and Del Rio. Cattle are too weak to drive to new ranges or to stand dipping, which is required to ship them to Arizona ranges. Most of the cattle are being shipped to Mexico and California. is president and C. M.

Crocker is financial secretary. 30,000 GREEKS AND ARMENIANS DRIVEN BY SOME NAMELESS FEAR OF THE TURKS FLEE FROM THRACE ADRIANOPLE, Thrace, Oct. (By the Associated thousand Greeks and Armenians have passed from this city to the west since Saturday and the road between here and the Maritza river is an unbroken line of men, women and children with oxcarts, cattle and camels. Through a steady downpour of rain they are plodding toward their unknown destinations, driven forward by the nameless fear which has gripped the whole populace of eastern 30 Shipment, of cattle through El Paso past few dayR have been heavy, according to officials of the Texas Southern Cattle association. Elias Camou shipped 10 carloads fat cattle from Naco, through Paso to Mexico City for slaughter.

C. Brite. of Marfa, shipped 1200 oad of fine bred Hereford calves through here to Norfolk, and 500 ows here to be fed at local stock- cards for market. Tralnload To Mexico. The White Mountain Cattle com- load'd IS carloads of four and' five year old steers at Tularosa to be to Los Angeles to pasture and feeding.

trainload of is now on the to Mexico City for slaughter. 'lie cattle were the Ba- ranch in Chihuahua, according to officials of the Mexican Western ilroad. Three, more trainloads are pected to follow. These cattle will to the stockyards in Mexico City st built by F. Primm.

of El Paso, Lee Russell, of Fort Worth. More Cars Needed. The war finance corporation is try: to make arrangements whereby may be shipped from the short ranges in the southwest to Mexico in bond for a period longer than six months and returned without payment of duty. Railroads a shortage of cars as the result of the ship- uu nts now being made and the mplated shipments to winter range. Shipment of 600 to 700 carloads of sugar in bond from Nogales, through El Paso.

Eagle Pass and Laredo back to Mexico will start about November 1, according to F. G. Wright, who is at Hotel Paso del Norte. Mr. Wright came to El Paso for a conft rence with Southern Pacific railroad officials.

He is superintendent of the terminals of the Southern Pacific and the Southern Pacific Mexico at Nogales. Ariz. conditions are normal at Nogales, with expectation of improvement when the sugar shipments from Sinaloa he said. December 15 and April 30 heavy nhipments of tomatoes will pass through from Sinaloa and N'ayarit for Cnited States consumption. Improvements are being made on the In Mexico to handle increased traffic.

is good at Nogales, both on the Mexico and United States sides, and cattle are in good condition, i Preparations are being made to ship 10.000 head of cattle from New Mexico to the ranges there for the El Pasoans Interesied In Mining Property number oi El Paso men are stock- Kerr Lake holders in La Corona de Oro Mining yipissing Mines NEW YORK RB (Furnished by L. New York, Oct. on the curb today: Industrials. Acme Coal Packers, common Car and Lighting and Power Durant Motors jGoodyear, common I do Mescabi Packard I Phillip Morris Stutz Motors Radio, common do Tobacco Export United Profit Sharing United Retail Candy Willys, 8 percent, Cities Service, common do do Bankers Allen Oil Boston and Wyoming Boone Oil Carlb. Syn.

Federal Glenrock International Petroleum Merritt Mouutaln Producers Mutual Omar Pennock Ryan Consolidated Salt Creek Producers Salt Creek Consolidated Sapulpa Simms Mines. Big Ledge Boston and Montana Calumet and Jerome Consolidated Copper Orespon Gold Mining Dundee Eureka Hecla Mines Howe Sound Ind. P. Lead Lovington Firm Sells 9000 Sheep In One Deal Roswell, N. Oct.

of the largest sheep deals consummated in astern New Mexico for several years was closed in Lovington when John- i son and Albright of Colorado Springs, 'oio. purchased of Bates. Allen and company, which has purchased Gold Crown No. 1 and 2 mining claims in the Little Dry creek district, accord- to Thomas G. Akers, of Fort mner.

N. who is at Grand hotel. The mine homings are 12 miles south of Mogoilon and 50 miles northwest of Silver City. property is rich, the values being mostly gold, free milling Mr. Akers said.

surface ores run Thompson of Lovington 9000 head of $60 per ton and underground wck- heep which were driven to Hagerman i ingB as high as We believe and will be shipped to Colorado pas- Ray Hercules United Eastern United Verde Extension 7 1 )75 2 521-3 53 29 17 1ft 13 Vi 20ii 4 3 7 73s 7 12 13 202203 69H 70 20 vs 21 25 45 1 10 12 82 S4 1 3-16 13 14 SU SV, 1525 1 1 11-1G 7 8 19 12 3 3 Ms 10 Vs a 10 12 14 1418 4 2 30 50 2S 29 13 3 3740 3 28 There was a strong finish to higher, December at to and May. to A good deal of bullish sentiment developed in the wheat market after the first half of the session. Gossip was current that foreigners had failed to provide for their December and January requirements and were just starting in to do so. Com Responds. Subsequently the corn market responding to a rise in the wheat market ascended to a new high price record for the 1922 crop.

Buyers of corn showed anxiety over the smallness of receipts here. 178 cars. Corn closed strong, 2U to net higher with December at to orn and Oats Down. Corn and oats receded with wheat. After opening lower, with December the corn market underwent a little further sag.

Oats started lower to advance. December rallied a trifle and then dropped lower than before. Provisions were firmer, guided by the action of the hog market. GRAIN, PROVISIONS N. Y.

LISTED STOCKS New York, Oct. are as follows: American Smelting Rfg American Sugar 80 American T. Anaconda Copper Atchison Chino Copper Colorado Fuel Inspiration Copper 40 Northern Pacific S7 Reading, ex. 80 Southern Pacific Union Pacific U. S.

Steel Chicago, 111., Oct. are as follows: Open High Low Close May 1.11% 1.13%1.11 1.13% July 1.06 1.03% 1.05% 65 May 9 67 Dec. 41 43 May July 1 Oct. 10.75 10.85 10.75 10.75 9.47 3 35 9.47 Ribs Oct. 10.50 Chi Produce, Close.

MONEY AND METALS New York, Oct. bar silver, 66 Mexican dollars. 51c. Call money strong: high, 6 percent: low. 5: ruling rate, closing bid, offered at, last loan, 6.

Call loans against acceptances, Time loans firm: mixed collateral 60-30 days, 4-6 months, Prime commercial paper, Copper, dull; electrolytic, spot and futures, 14c. Tin. firm; spot and $34.12. Iron, steady, prices unchanged. Lead, firm; spot, f6.S0@6.75.

Zinc, firm; East St. Louis spot and nearby delivery, Antimony, spot, $6.75 7.00. Foreign exchange firmer. Great Britain demand, 4.44%: cables, 60 days bills on banks. 4.42%„ Franae demand, 7.52%; cables.

7.32%. Italy demand. 4.22%: cables. 4.23. Belgium demand, 6.99; cables.

7.00. Germany demand, cables .03 9-16. Holland demand, 38.95; cables. 29.01. Norway demand.

$18,03, Sweden demand. 26.75. Denmark demand. 19.95. Switzerland demand.

18.46. Spain demand. 15 34. Greece demand. 2.35.

Poland demand. .01. Czecho-Slovakia demand. Argentine demand. 36.00.

Brazil demand 11.40. Montreal demand, 3 32. Park Life Saver Saves Life Of Baby Buffalo P. J. life saver at the Washington Park swimming pool, Tuesday saved the life of a baby buffalo, the animal being the only thing in the park at that time which needed sav- anu win be shipped to Colorado pas- have the makings of a second Mogol- tnres as soon as the cars are avail- I jon One of the buffalo cows at the park gave birth at 12:05 odoek Tuesday to a calf.

A male buffalo at once began to toss the calf in the air with his head and stubby horn. The male soon would have killed the calf, had not Burns fought him Experienced miners are in demand off for an hour until workmen in at Bisbee. although unskilled the park came back from lunch. Then they helped Burns remove the mother ibic. This is but one delivery, several large bunches having been shipped some time ago and others are to go later.

Mexico About To Levy Tariff On Automobiles As soon as a decree of president Alvaro Obregon is received on the border, free admission of automobiles to Mexico will stop. The Mexican consulate was informed by telegram from Mexico City Tuesday that the president has signed an order fixing a schedule of tariffs on imported cars. It was understood the average tax will be 10 percent ad valorem. Experienced Miners Needed In Arizona Chicago, Oct. creamery extras, firsts, extra firsts, seconds, standards, 4 0 c.

Receipts, r.052 cases. higher; fowls. 14 22c; springs. 19c; roosters, 14c. Receipts, 165 cars.

Total United States shipments, 1273. Wisconsin sacked round whites, "Wisconsin bulk round whites, $1.10 Minnesota sacked round whites, Minnesota sacked Red river Ohlos. $1.0001.15 North Dakota backed Red river Chios, South Dakota sacked early Ohlos, $1.00 cwt. Kansas City Produce. lose.

Kansas City, Oct- firsts. 31c. Butter, creamery, unchanged. 42 43c; packing. 23c.

Poultry, hens, lc higher, 21c; broilers, 20c; springs. 17c. Omaha. Oct. 2 hard, No.

3 mixed, $1.12. 2 white, 67c; No. 2 mixed, 2 white, No. 3 white, EL laborers outnumber the jobs open for them, according to Richard Warren, division freight agent for the El Paso Southwestern railroad, who has returned from a trip to Bisbee and and offspring to a separate pen. The calf will recover.

The calf was the first buffalo born at the park in two years. One born S. L. ALPERN IS ARRESTED; HAD NO LICENSE, CLAIM S. L.

Alpern, proprietor of an establishment in the quarters formerly occupied by the Border National bank, Texas and North Stanton streets, was charged in corporation court with being an itinerant merchant operating without a license. Alpern told police 'Capt. Simpson that his establishment was intended for permanent location in El Paso, and for that reason he had not taken out an itinerant merchant's license. HELD IN DALLAS ON CHARGE OF SWINDLING WOMAN HERE G. R.

McNamy is under bond of $1000 in Dallas for his appearance here on a charge having swindled Mrs. A. E. Barbee out of $500 in an allesred fraudulent oil stock deal, according to R. E.

Bryant, chief deputy sheriff McNamy was arrested in Dallas after he had been missing since May 18, 1920, when he was indicted in El Paso Douglas. When the copper mines before died from indigestion, caused closed the experienced miners scat- by swallowing barbed wire, tered and many have gone into other I i lines of work, he said. goys RefUSed Admission Light Rain Reported Break Theater's Windows EL PASO METALS. Quotations furnished by El Fa so Smelt- ng Refining company: Domestic lead. $6.50.

Domestic silver, 99 Foreign silver. London lead, future, £24, London lead, future, £23, 10s. London lead, spot, £25, 10s. Foreign exchange, UNION LABOR Throughout Pecos Co. Fort Stockton, Texas, Oct.

four days clouds have been gathering here wMth occasional showers. A light rain has fell throughout the county this morning. A norther was blowing later In the day. DAILY RECORD. Stones hurled through windows by small boys, angered because they had been refused admission, struck near spectators and caused a minature panic at the Alameda theater, Alameda avenue and Stevens streets, Monday night, police said.

Antonio Oranillo, Jose Montes and Reyes Botillo, each 13 years of age. were the names given by three boys captured by men near the theater and turned over to the police. UNITED Judge Dresses A ni Four Scarfs Slolen From White House Presldlng Aurelio Martinez, importation of allen, On trial. Luis Morales, liquor law, $50 fine. S.

COMMISSIONER'S COURT. A. J. W. 8chmid, Presiding.

J. M. Apodaca, discharged. Ignacio Costenas, liquor, $750 bond. 34TH DISTRICT COURT.

Judge W. U. Howe, Presiding. Sixto Ramirez, convicted of sentenced, two years In penitentiary. Antonio Torres, convicted of burglary; sentenced, two years in penitentiary.

James Fletcher Morris, embezzlement; two years; senience suspended. Vincent AlviUar, attempt to commit Two evening dresses, two fur scarfs and other materials valued at $1000 were stolen Monday night by burglars who twisted a lock from a door to a main display wvindow fronting the White House on Pioneer plaza. soon. Railway Clerks No. 316 Get A New Member One new' application for membership was received by the Brotherhood of Railway union No.

316 at its meeting in K. of P. hall Monday evening. C. H.

Carlton is president and (J. G. Rutler is secretary. L. W.

Butler is upon his vacation. Miss Francis Bedford, typist of the general auditor's office, who has been sick for some time, is back at work again. J. B. Sauer and wife have returned from Houston, where they were called to attend the funeral of Mr.

Sauer's sister. Mr. and Mrs. E. W.

Neel, of Orogrande, N. left Monday night for Sanderson. Houston and other east Texas points on a vacation. Tommy Doyle, of El Paso, who has been in the S. P.

general hospital at rr. Houston for some time, is reported to quotations are subject to change with- imnrovinc- nuI is home out notice. They represent the average dally range expecteu t.tme of prices paid by dealers to fanners for produce. They are wholesale prices, witb Quality of the product and the state of the market, and are not to be confused with retail Fruits and Veitetables. (Quotations furnished by Mosson Co.) COMMUNITY TO FARMERS.

brown 2 'i c. 6c. bunches. 20c. bunches, "0c.

Green 6t. green. 8c. Bell 8c. (26 to pounds), 75c.

Fating $1.75. Cooking $1.00. graded, wrapped and $2.00. 8c. 5c.

35c. bunches. 25c. Mustard bunches, -TOc. Green bunches, 17 Yellow MILK.

furnished the Rio Grande Dairy Association.) Butterfat Pound. 35c. 4 percent butterfat, $3.00: 10c premium for bacteria count of less than 50,000 per c. 10c premium for equipment of standard fixed by city health department. KC.G8 AND POULTRY Operative Plasterers Have Two Applications The Operative and Cement union received two new applications for membership at a meeting in Union Labor hall Monday evening.

E. Braem is acting president and J. J. Radican is secretary-treasurer. R.

D. Stepp and Albert and Lois Florez are doing the plastering on the Burleson school opposite the countj hospital, for Nick Carson. Ed. is foreman and I Brieto and OUie Brusso are doing plastering for contractor Herman Braem. Roy Frazier is doing plastering on a cottage in the 1100 block on River street for contractor Frank Frazier.

E. and J. Morales are doing the plastering on the Glasscock apartments on Montana street for contrac- i tor Louie Bothum, Wm. Sailer is a recent arrival from Denver. He is accused of misrepresenting burglary; two years; senience suspended himself as a stock subscription agent of the Allendale Oil company.

The indictment alleges McNamy received $500 from Mrs. Barbee for 500 shares at $1 each. L. J. OVERLOCK, Broker PRIVATE LEASED WIRE With l.n^an Bryan, Chicago, Yorks Webber Boston, Duluth.

205 N. Oregon Sheldon Hotel. JUSTICE COURT. R. B.

Rawlins, Presiding. L. Hudson, speeding; filed. M. Hernandez, speeding; fined $1 and costs.

Clark Wrlglit, Presiding. George Holland, speeding; fined $1 and I costs. Kate Russel? and Willie May Ruffins, vagrancy; filed. A. Gonzalez, abusive language; dismissed.

COUNTY COURT AT LAW. Judge J. M. Denver, Presiding. Neal Eaton, theft under $30; 90 days In county Jail.

FIRST CAVALRY DIVISION TO MANEUVER IN VALLEY The first vavalry division left Tuesday morning for the lower valley for two maneuvers. The division includes the 7th and 8th cavalry, the Sth engineers and the S2nd field artillery. Gen. John L. Hines, commanding the 8th men Gen.

Robert Howze, Col. W. Short and Col. James H. Reeves, commander of the 8th cavalry, accompanied Gen.

Hines on the trip. The men will return to El Paso Wednesday afternoon. tested In carton, 58c; fresh, various, in cartons. 50c; storage. 40c, I KaiiWaU LonClUCtorS HCar 11c.

I 19c. E4c. 2 Sc. Hay. (Quotations by Texas-New Mexico Alfalfa Exehance.) Alfalfa (Bailed), Choice $26.50: No.

1 825.00; standard. No. 2 $18.50. Dallas hay prices aro about IG.00 more I than the El Paso prices. Livestock.

i fiimisneri hy Peyton Packing Co.) Same as Fort Worth quotations. i corps area, will Inspect the, jr ii on the two hike. Man Veru lit MKiirf T. Tinw7.A Pa I After Drinking Liquor John Dailey, exservice man now in William Beaumont hospital, is in a serious condition at the hospital ap- parently as result of drinking wholesome liquor, according to po- Eignty veniremen have been drawn Monday night a stomach pump for next weeks session of the 41st used at the police emergency and 65th district courts and the hospital after he had been found un- General Chairman of S. P.

At the regular meeting of local lodge No. of the Order of Railway Conductors, in K. of P. hall Monday morning, the members received a visit from the general chairman of the Southern Pacific system in the person of E. A.

La Rule, whose headquarters are in San Francisco. Mr. La Rule gave a talk on matters of particular interest to the conductors. Geo. Aiken is secretary cf the lodge.

SHEET METAL WORKERS. At the regular meeting Union Labor hail Monday evening of Sheet Metal union No. 587 it was reported that all members were standing firm in their shop strike. J. D.

Easter is president and R. C. Mendoza is financial secretary. MEETINGS FOR TUESDAY. B.

of R. T. No. 80 at 2 p. m.

in Lmon Labor hall. Plumbers and Steamfitters at 8 p. m. in Union Labor hall. Painters and Decorators at 8 p.

m. in Union Labor hall. Bricklayers union at 8 p. m. in Union Labor hall.

Federal Employes at p. m. in Federal building. Election of officers. LI VESTOCK ARK ETS Chicago Livestock.

Close. Chicago, 111., Oct. matured native beef steer yearlings, beef and heifers and bulla strong to 15c higher; early top beef steers, some held higher; bulk native beef of quality and condition to sell at canners and cutters, steady to strong; hulls active, strong to higher: veal calves opening largely 25c up; supply of western grassers moderately liberal; hulk vealers to packers early, around ill.00; bulk beef cows and heifers, bulk desirable bologna bulls, around bulk stookers and feeders on country account, 25.000: early market steady to stronsr; bulk 170 to 200 pound average, ig 9.40; bulk 140 to 360 pound averages, good and choice 210 to 300 pound butchers, top, bulk packing sows, s.50: desirable pigs, mostly around heavy, 9.50; medium, $9.23 ii 9.5 light. light light, packing sows smooth. 8.75; packing sows rough, killing pigs, $8.75 18.000; fat lambs opening strong to shade higher: early top natives, $14.15 to packers; best held higher; nine cars fat western lambs, other western.

seven 87 pound clipped Iambs, two doubles fed western lambs sheep, 25c to 30c heavy ewes. $4.00 -'t 3.00; lighter weight up to no feeder sales early. Inquiry good. City Livestock, Close. Kansas City, Oct.

Re- cepits 18.000; beef steers steady to strong; best heavy fed lots common and medium grassers, short fed mostly $5.25 0 9.00; all other classes fairly active and steady; practical top on vealers, cows, bulk others, many hifers, 7.00; bulk and cutters, 3.25; bulls largely. 11.000; open stronsr to Ec higher; later most sales higher; packer top, $3.10: shipper top, $9 15; 140 pounds, 8.75: bulk 180 to 240 pounds, 2500 300 pound butchers mostly, bulk sales, 9.10: packing sows, higher; mostly, $7.750 stock pigs steady, 8.60; shippers took about 6000; lambs mostly 25c higher; other range lambs. 14.00: odd lots natives up to sheep strong fed Texas wethers, $7.25. Omaha Livestock, Close. Omaha, Oct.

3 3300; packing grades, 10c and 15c higher; bulk. 7.85; butcher hogs, 10c higher; bulk 200 to 300 pound butchers, $8.50 9.00; top, $9.10. beef steers generally steady; spots higher on prime grades; extreme top. she stock and bulls, about 10c and 15c higher; veals, steady; and feeders, steady; heavy feeders, slow. 20.000; killing classes, steady to strong; top western lambs.

fed clipped lambs wethers, $7.25 down; ewes. 50.00 down; feeders, stmng to 25c higher; top feeding lambs, $13.83. St. Joseph Livestock, Close. St, Joseph.

Oct. Receipts, 6000; few early sales good to choice butchers to shippers, about steady; packers gointr slow; few sales of mixed hogs looks around steady; nothing- done on other classes; packing mostly steady. $7.650 7.90. 2400; most classes fully steady; medium quality yearlings strong; shade higher; beef cows strong; veal calves. 25 to 50c.

hiirher; eood to choice ycarlincs early, 10.60: no choice weighty steers here; five loads holdover western averaging around lion pounds, beef cows early, mostly $4.00 0 3.30; a few choice head up to 0.25; canners. mostly $2.8503.00: veal calf top, choice feeder steers, 3000: seven double deckii Utah lambs, $14.00 with 30 percent sort, fully steady; no nged stock sold early. Denver Livestock, lose. Denver. Colo.

Oct. 3 2200; market steady. Beef steers. 7.25: cows and heifers. calves, hulls.

12.2503.00; stockers and feeders, $4.3007.50. 827; market steady. Top, 19.25; bulk. $7.250 9.15. $10.974 market steady.

T.nmbs, $12.250 13.25; ewes, feeder lambs. $12.00012.25. Fort Worth Livestock, Close. Fort Worth. Texas, Oct.

Receipts, 9500 head; Beeves, stockers. $3.500 5.75; cows, canners, heifers. J3.F-O05.3O; yearlings. bulls, calves, 6.00. 1800 head; light, $9,00 0 9.20; medium.

9.00; heavy, $8.25 08.75; mixed. $7.250 8.25; common. $6.25 07.15; rough heavv, rough. $3.500 6.50; plsrs. 200 head: lambs.

$3.50 0 11.00; vearlinss. wethers. $5.000 7.00; ewes. culls. $1.00 02.00; stocker sheep.

$5.50 0 6.30; feeder lambs. goats, $1.0002.50. since the bulletins were posted on Saturday, announcing the terms of the Mudania armistice, which provide for occupation of the province by the Turks within 45 days. Province Will Be Desolate. The members of the allied missions stationed here declare the extent of the refugee exodus indicates that the Turks upon their entry will find eastern Thrace almost uninhabited.

The procession hns been orderly, but the misery of the refugees fs already extreme, and uneumonia claim many victims If the present Inclement weather continues. The American in charjee of the little near east relief soup kitchen at the railway Junction on the opposite side of the Maritza declared: "In all my experience never im- I agined such a pitiable sight as the I march from Adrianople in the driving rain. Every refugee arrives soaked to the skm, with a wagon load of bed- ding floating in water. Exodus Is tireatest Ever. never in the 1800 years of its stormy history, not even in the days of the late Balkan wars, has Adrianople witnessed such When, on Saturday, the Greek civil authorities attempted to reassure the people by stating; that the Turkish gendarmerie would not arrive for 15 days, the Christian inhabitants simply refused to believe them.

Nearly every Christian in Adrianople catbered up all they could carry, either on their hacks or on o.x carts, and as soon as possible were off. Meanwhile from the countryside a similar exodus is under way and reach Karasateh they will be safe from the Turks. This small village, which is just across the will be in neutral territory until thft- peace conferenie decides its fate. Flood Adds To Difficulties. Although the rai'uvay is moving a considerable number of refugees westward from Karagatch, the station there is becoming the center of a vast concentration camp.

The rain has flooded all parts of the village. Many cattle have been drowned by the ciuickly rising on the west bank of which thousands of refugees are encamped, t.roups of camels belonging to the army have been assigned to the duty of pulling; carts from the mud hanks into higher and safer places. Meanwhile Adrianople has taken on the appearance of a deserted city, with the and houses closed. The Greek and Armenian priesis remain and are doing conspicuous work in assisting the fleeing inhabitants. Could Have Halted Turku.

Two troop trains leave daily for western Thrace and, there is no more talk of resistance among the soldiers, although they boast they could have held up the Turks at Chatalja with three divisions and declare they are only leaving because ordered to do so by the allies. The first French detachments of the allied troops of occupation arrived Monday. Expressions of regret are heard that the English arc not coming; to Adrianople, having been assigned to Rodosto. Allied airplanes have flown over the city at a moderate height for the last every road leading to the Maritza is days, apparently taking photo jammed humanity, cattle and wagons. This whole flood converges upon a single road as it approaches the Karagatch bridge across the Maritza.

The refugees believe that if they graphs to show the orderly character of the evacuation. One of the aviators who landed said he was under orders to observe carefully whether there was any evidence of burning villages; thus he had seen none. MEXICO LOOKS I CHARITY GETS FOR BIG SILVER BOOM IN 1923 Mexico expects the greatest boom in the history of silver mining in 1923, according to a commercial re! port at the Juarez American consulate. The demand is expected to come from Europe, and the reasoning is based on Mexico's own experience in the matter of money. The more paper money that is printed, the more the value decreases, until a point is reached when merchants will accept nothing but money." This point is about to be reached In Europe, it is said, and Mexico will be one of the countries to benefit.

Silver production in Mexico has scared from 607.3G0 kilograms Ca kilogram is 2.20 ounces) in 1878 to 2,566,313 in 1912, the banner j-ear. In 1921 the production was 2.055,514 kilograms and the first six months of i this year showed a production of 1.190,0t>»>. Stl VENIREMEN DRAWN. county court, it is announced in the district office. conscious at Kemp streets, police said.

and Santa Fe C. H. S. A. Carmen Assist Their Members 'Some financial relief was distributed to the members of the II.

S. A. carmen on strike, at their regular meeting in Union Labor hall Monday evening. It was reported that they were and that a number of the members were taking work in the mines in Arizona. AY.

B. 5ft CARS OF APPLES. Fifty carloads of apples will be shipped from Mountain Park. N. this year despite heavy damage done by spring frosts, according to estimates received by the El Paso Southwestern railroad.

Prisoner's Trousers Clog Sewer; Clinic Flooded The county clinic, basement floor of the courthouse, was flooded Monday when the lower half of a prisoner's leg clogged a sewer line. Ripley P. Snyder, county engineer, blamed It on vindictive in the county jail, fifth floor. -That bird did the Mr. Snyder insisted.

now the poor who need medical attention must wait until we get the clinic pumped BUSINESS ARRIVALS BANKERS. David S. F.ussek, Chihuahua city; Paso del Xorte. J. S.

Wilham, Douglas. Paso del Norte. Henry Brewer, bank inspector, Austin; Sheldon. MERCHANTS. Brazeal.

Rincon. N. Eura. P. J.

Quinlan, Fort Bayard, N. St. Regis. Leon Sands, Tucumearl, X. St.

Regis. TL Xitsch, Warren. St. Regis. W.

J. Cox, Los Angeles, buyer; St. Regis. P. Cox.

Mt. PJley. N. St. Regis.

William Orlebeke, Sweetwater, Texas: St. Regis. C. W. Zag, Stamford, Texas; St.

Regis. Boh Majors. Pecos. Texas: St. Regis.

O. C. Majors, Pecos; St. Regis. R.

P. Pankey, Hot Springs, X. Angelus. John A. Marfa, Texas; Sheldon.

H. C. Holden. Brite, Texas; Sheldon. Otto Douthitt, Roswell, X.

Sheldon. H. TI. Dennis. Fort Worth; C.

E. Aston, Fort AVorth; Eura. J. B. Thompson.

Kent. Texas; Eura. Lewis Titus. Kent; Eura. SALESMRX.

Harvey P. Tate, Xew York city; Paso del Xorte. O. H. Faul.

Chicago; Paso del Xorte. H. Chicago; Paso del Xorte. Will Alderdice, Xew York city; Paso del Xorte. George Grand.

Xew York city; Paso del Xorte. P. F. McCanna. Milwaukee; Sheldon.

R. H. ITutrhes. St. Louis; Sheldon.

AT. Al. Diamond. Chicago: Sheldon. S.

Seligman, San Francisco; Sheldon. W. H. Bryan, Reading. Eura.

A. H. James. Albuquerque; Eura. Guy L.

Harris, AYaukesha, Eura. Johnny Joyce. Little Rock; Eura. Robert Moore. Little Rock; Eura.

S. W. Houson, Colorado Springs. Eura. E.

Williamson, Fort W'orth: Eura. Tom Fahmie, Los Angeles; Angelus. Fred Akel, Los Angeles; Angelus. John Bobbart, Los Angeles; Ange- M. Wofford, San Antonio; St.

Regis. George B. Greene, St. Louis; St. Regis.

o. F. Purdy, San Francisco; Carlysle. AY. H.

Harland, Los Angeles; Carlisle. J. G. McFarland, Rincon, X. Eura.

AY. A'. Tullous, Lordsburg, X. St. Regis, TOURISTS.

AY. J. Ilittson, Los Angeles; Sheldon. L. J.

AYinneger, Los Angeles; Sheldon. D. J. Parker, Pittsburg; K. Dawson, Oklahoma City; Sheldon.

C. H. Xewell, Oklahoma City; Sheldon. O. A.

Anderson, Portland, Angelus. R. G. Foster. Corpus Christi; Eura.

MISCELLANEOUS. T. Fuquea, Las Cruces, contractor: Sheldon. H. G.

Clunn, AVashington, private secretary of secretary of interior A B. Fall; Sheldon. E. S. Wallace, Carlsbad.

X. farmer; Paso del Xorte. W. B. Troy, Fort Stockton, oil; Paso del Xorte.

H. district superintendent Van Xov Interstate Xews company; Eura. Dr. A. J.

Hoffman. Marfa; Sheldon. Dr. H. E.

Wilson, Denver; Sheldon. H. Robough. Kansas City, theatrical business; Angelus. Xeil Gibbs.

Silver Citv, transfer business; McCov. $51 5.45 FIRST DAY OF DRIVE Charity begins at home, all right, members of the teams of the Associated Charities drive when they discussed the drive at the noon luncheon of the workers in the Hotel Sheldon Tuesday. Several of the women captains reported that ones who contributed included persons who were in need of charity themselves. At 1 on Thursday afternoon $5,158.45 had been contributed. In one instance a poor mother who was In want of clothing for her own children donated 15 pennies.

She wanted to help the canse, though she was fn need of help herself, she told women team workers. Mrs. J. M. Williams, chairman of the committee, reported the women optimistic and felt certain the quota will be raised.

Helps All The women have collected $569.45. while men workers have obtained $3,589 through soliciting. tieorge R. Le Baron, president of the Associated Charities, said that a survey of conditions in the poor showed that more money was needed thia year than last. Fifty-three percent of the families aided in recent months were American.

we must help Spanish speaking families, too, whenever they are found to be in need, and all deserving will receive prompt said Mr. Le Baron. Cien. Mills Gives fl.OOO. Gen.

Anson Mills, owner of the Mills building, tire first contributor to the drive, gave $1,000, his check reducing the amount to be raised from 38.000 to $37,000. R. E. Thompson, chairman of the drive committee, received Gen. donation Monday evening, Gladhander Queers Sales Says Dixon The salesman with smile like a moving picture actor Is taboo, according to Alves Dixon, superintendent of the El paso Electric Railway company.

He gave the viewpoint of salesmanship in an address before the Salesmen's club at a luncheon at the chamber of commerce Tuesday. been talked out of buving more things than I have been talked into he declared. man who asks for three and then tries to rush me into signing the dotted line until I have to rush him out of the office is using antiquated methods. The modern salesman uses courtesy and consideration tor his Lee Hebberd enacted an act Chinese drama in eight portraying the changing conditions in the automobile business. It was a hyperbolic sketch showing the indifference with which automobile salesmen accepted orders in 1920 and the eagerness with which they solicit prospects in 1922.

A. Gonzales Arrested For Theft Of A utomobile A. A. Gonzalez was arrested by city detective Ed Aiebus Tuesday and charged with theft of an automobile trom his uncle, Meximo Gonzalez, a service car driver, on September 19. CONSUL H.

VALDEZ LEAVES FOR NEW DOUGLAS POST I Consul general Tomas Orozco, and consul H. Yaldes were guests at a farewell dinner at the Central cafe. Juarez, Monday night, tendered by employes of the Mexican consulate. Air. Aaldez left for his new post as i consul at Douglas, Tuesday morning, going overland in an automobile.

accompanied by Saturnino Perez Lopez, chanceior the local consulate, and Jose Salazar, immigra- i tion officer of Agua Prieta. Air. Perez Lopez will return with consul Alfonso'Pesqueira, who will be relieved by Mr. Yaldez at Douglas and will himself relieve Mr. Orozso here.

Air. Orozco will leave about Monday for Alexico City, where he will be an assistant in the treasury department. ITS DISTRICT GOVERNOR Alemhers of the Kiwanis club will welcome AY, R. Blair, district gov- I f-rnor of Kiwanis clubs, at their luncheon Wednesday at Hotel Sheli don. E.

Thomason will deliver an address of welcome. R. X. Alullin will make a report on the Gallup. X.

Kiwanis convention. Airs. Robert Lander will sing, and Joe Friedkin will give a reading. SENIOR III TO MEET. Alembers of the Senior Hi will meet at 6 oclock this evening at the Central Al.

C. A. at a dinner in honor of the newly elected officers who were chosen the last meeting. speakers will be Remy Hudson, the new president, Allen Given, the new treasurer and Stanley Dawson. ACCESSORIES STOLEN', Accessory thieves took parts from three automobiles Alonday night, according to reports to police, coils were stolen from automobiles belonging to M.

Starnes. 2909 Duranzo street, and D. S. Arrias, 712 Hills street, while a spare ro was taken from the car of Xlgi Shigio, of Las fruees, X. while he was in JB1 Paso Alonday..

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About El Paso Herald Archive

Pages Available:
176,279
Years Available:
1896-1931